FRHC vs SPY

Comparison between Freedom Holding Corp (FRHC, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceFRHC has outperformed SPY, delivering a return of +24.9% compared to +13.7%

FRHC vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FRHC(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$8.68B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	45.93%	56.47%
Sharpe Ratio	-0.26	1.88
5Y Beta	1.16	1.00
Industry	Financial Conglomerates	N/A
P/E Ratio	3896.81	28.46
Forward P/E	12.29	21.99
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	-37.46%	25.20%
Debt to Equity	0.00%	33.33%
Free Cash Flow Yield	32.74%	N/A
P/S Ratio	5.79	3.65
P/B Ratio	6.10	5.50

Market Cap / Net Assets

FRHC

$8.68B

Winner

SPY

$735B

Expense Ratio

FRHC

N/A

SPY

0.09%

Max Drawdown

Winner

FRHC

45.93%

SPY

56.47%

Sharpe Ratio

FRHC

-0.26

Winner

SPY

1.88

5Y Beta

FRHC

1.16

Winner

SPY

1.00

Industry

FRHC

Financial Conglomerates

SPY

N/A

P/E Ratio

FRHC

3896.81

Winner

SPY

28.46

Forward P/E

Winner

FRHC

12.29

SPY

21.99

5Y Dividends CAGR

FRHC

N/A

SPY

5.43%

5Y EPS CAGR

FRHC

-37.46%

Winner

SPY

25.20%

Debt to Equity

Winner

FRHC

0.00%

SPY

33.33%

Free Cash Flow Yield

FRHC

32.74%

SPY

N/A

P/S Ratio

FRHC

5.79

Winner

SPY

3.65

P/B Ratio

FRHC

6.10

Winner

SPY

5.50

FRHC vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	FRHC	SPY
1 month	-13.09%	+5.60%
3 months	+20.29%	+8.72%
6 months	-0.45%	+10.63%
1 year	-17.76%	+26.62%
5 years(CAGR)	+24.91%	+13.70%
10 years(CAGR)	+64.35%	+15.47%
Max(CAGR)	+64.35%	+8.50%

FRHC

-13.09%

Winner

SPY

+5.60%

Winner

FRHC

+20.29%

SPY

+8.72%

FRHC

-0.45%

Winner

SPY

+10.63%

FRHC

-17.76%

Winner

SPY

+26.62%

5Y(CAGR)

Winner

FRHC

+24.91%

SPY

+13.70%

10Y(CAGR)

Winner

FRHC

+64.35%

SPY

+15.47%

Max(CAGR)

Winner

FRHC

+64.35%

SPY

+8.50%

FRHC vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FRHC	SPY
2026	+12.71%	+8.50%
2025	-8.68%	+18.00%
2024	+63.69%	+25.59%
2023	+39.78%	+26.72%
2022	-16.73%	-18.64%
2021	+38.74%	+30.52%
2020	+249.29%	+17.28%
2019	+75.60%	+31.09%
2018	+29.06%	-5.24%
2017	+227.84%	+20.78%
2016	N/A	+13.59%
2015	N/A	+1.31%
2014	N/A	+14.56%
2013	N/A	+29.00%
2012	N/A	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

FRHC vs SPY Drawdown Comparison

The maximum drawdown for FRHC was -45.93%, occurring on Jun 16, 2022. Recovery took 320 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current FRHC drawdown is -26.36%. The current SPY drawdown is -1.20%.

Rank	FRHC	SPY
#1	-45.93% Nov 8, 2021 - Feb 16, 2023	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-41.08% Aug 6, 2025 - Feb 19, 2026	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-38.69% Oct 17, 2017 - Nov 15, 2017	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-35.24% Aug 30, 2023 - Oct 17, 2024	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-29.13% Feb 13, 2025 - May 13, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-27.84% Feb 19, 2020 - May 26, 2020	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-25.25% Feb 7, 2018 - Sep 27, 2018	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-25.20% Feb 16, 2021 - Jun 15, 2021	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-24.46% May 20, 2025 - Jul 31, 2025	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-22.51% Dec 3, 2018 - Jan 18, 2019	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-16.57% Jun 13, 2023 - Aug 18, 2023	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-16.49% Jan 18, 2019 - May 9, 2019	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-15.73% Jan 12, 2018 - Jan 26, 2018	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-13.44% Feb 16, 2023 - May 5, 2023	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-13.28% Nov 30, 2017 - Dec 28, 2017	-7.27% Sep 18, 2014 - Oct 31, 2014