GECCH vs SPY

Comparison between Great Elm Capital Corp (GECCH, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

GECCH vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GECCH(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$350M	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	3.97%	56.47%
Sharpe Ratio	0.59	1.62
5Y Beta	0.05	1.00
P/E Ratio	-11.56	28.99
Forward P/E	N/A	22.37
Dividend Yield	6.24%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	26.05%
Debt to Equity	0.00%	32.40%
Free Cash Flow Yield	7.58%	N/A
P/S Ratio	N/A	3.74
P/B Ratio	N/A	5.61

Market Cap / Net Assets

GECCH

$350M

Winner

SPY

$735B

Expense Ratio

GECCH

N/A

SPY

0.09%

Max Drawdown

Winner

GECCH

3.97%

SPY

56.47%

Sharpe Ratio

GECCH

0.59

Winner

SPY

1.62

5Y Beta

Winner

GECCH

0.05

SPY

1.00

P/E Ratio

Winner

GECCH

-11.56

SPY

28.99

Forward P/E

GECCH

N/A

SPY

22.37

Dividend Yield

GECCH

6.24%

SPY

N/A

5Y Dividends CAGR

GECCH

N/A

SPY

5.43%

5Y EPS CAGR

GECCH

N/A

SPY

26.05%

Debt to Equity

Winner

GECCH

0.00%

SPY

32.40%

Free Cash Flow Yield

GECCH

7.58%

SPY

N/A

P/S Ratio

GECCH

N/A

SPY

3.74

P/B Ratio

GECCH

N/A

SPY

5.61

GECCH vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	GECCH	SPY
1 month	-1.45%	+1.90%
3 months	+2.09%	+8.55%
6 months	+2.91%	+8.18%
1 year	+9.01%	+25.79%
5 years(CAGR)	N/A	+13.32%
10 years(CAGR)	N/A	+15.19%
Max(CAGR)	+8.39%	+8.47%

GECCH

-1.45%

Winner

SPY

+1.90%

GECCH

+2.09%

Winner

SPY

+8.55%

GECCH

+2.91%

Winner

SPY

+8.18%

GECCH

+9.01%

Winner

SPY

+25.79%

5Y(CAGR)

GECCH

N/A

SPY

+13.32%

10Y(CAGR)

GECCH

N/A

SPY

+15.19%

Max(CAGR)

GECCH

+8.39%

Winner

SPY

+8.47%

GECCH vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GECCH	SPY
2026	+2.33%	+8.26%
2025	+9.78%	+18.00%
2024	+2.52%	+25.59%
2023	N/A	+26.72%
2022	N/A	-18.64%
2021	N/A	+30.52%
2020	N/A	+17.28%
2019	N/A	+31.09%
2018	N/A	-5.24%
2017	N/A	+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%

GECCH vs SPY Drawdown Comparison

The maximum drawdown for GECCH was -2.66%, occurring on May 28, 2026. This drawdown has not yet recovered.

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

The current GECCH drawdown is -2.59%. The current SPY drawdown is -2.90%.

Rank	GECCH	SPY
#1	-2.66% Apr 24, 2026 - May 28, 2026	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-2.40% Oct 17, 2025 - Dec 2, 2025	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-2.36% Mar 18, 2025 - May 1, 2025	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-2.04% Dec 26, 2024 - Feb 6, 2025	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-1.73% Apr 1, 2026 - Apr 24, 2026	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-1.63% May 5, 2025 - May 12, 2025	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-1.59% Mar 13, 2026 - Mar 31, 2026	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-1.50% Feb 25, 2025 - Mar 14, 2025	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-1.42% Dec 9, 2024 - Dec 13, 2024	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-1.26% Jul 24, 2025 - Aug 21, 2025	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-1.23% Oct 6, 2025 - Oct 17, 2025	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-1.16% Jul 2, 2025 - Jul 17, 2025	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-1.01% Dec 13, 2024 - Dec 26, 2024	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-0.99% Nov 18, 2024 - Dec 6, 2024	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-0.98% Aug 21, 2025 - Sep 15, 2025	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between GECCH and SPY is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (1999 - 2026)

GECCH vs SPY dividend yield comparison.

Year	GECCH	SPY
2026	2.01%	0.24%
2025	8.08%	1.07%
2024	2.31%	1.21%
2023	0.00%	1.40%
2022	0.00%	1.65%
2021	0.00%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%