GEHC vs SPY

Comparison between GE HealthCare Technologies Inc (GEHC, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

GEHC vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GEHC(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$28B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	37.41%	56.47%
Sharpe Ratio	-0.19	2.07
5Y Beta	1.17	1.00
Industry	Medical Devices	N/A
P/E Ratio	14.95	28.24
Forward P/E	12.45	21.85
PEG Ratio	1.20	N/A
Dividend Yield	0.23%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	94.95%	22.35%
Free Cash Flow Yield	0.14%	N/A
P/S Ratio	1.34	3.55
P/B Ratio	2.60	5.29

Market Cap / Net Assets

GEHC

$28B

Winner

SPY

$652B

Expense Ratio

GEHC

N/A

SPY

0.09%

Max Drawdown

Winner

GEHC

37.41%

SPY

56.47%

Sharpe Ratio

GEHC

-0.19

Winner

SPY

2.07

5Y Beta

GEHC

1.17

Winner

SPY

1.00

Industry

GEHC

Medical Devices

SPY

N/A

P/E Ratio

Winner

GEHC

14.95

SPY

28.24

Forward P/E

Winner

GEHC

12.45

SPY

21.85

PEG Ratio

GEHC

1.20

SPY

N/A

Dividend Yield

GEHC

0.23%

SPY

N/A

5Y Dividends CAGR

GEHC

N/A

SPY

5.43%

5Y EPS CAGR

GEHC

N/A

SPY

25.79%

Debt to Equity

GEHC

94.95%

Winner

SPY

22.35%

Free Cash Flow Yield

GEHC

0.14%

SPY

N/A

P/S Ratio

Winner

GEHC

1.34

SPY

3.55

P/B Ratio

Winner

GEHC

2.60

SPY

5.29

GEHC vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	GEHC	SPY
1 month	-13.94%	+9.11%
3 months	-19.70%	+6.59%
6 months	-13.04%	+10.56%
1 year	-9.81%	+32.04%
5 years(CAGR)	N/A	+13.35%
10 years(CAGR)	N/A	+15.49%
Max(CAGR)	+1.61%	+8.50%

GEHC

-13.94%

Winner

SPY

+9.11%

GEHC

-19.70%

Winner

SPY

+6.59%

GEHC

-13.04%

Winner

SPY

+10.56%

GEHC

-9.81%

Winner

SPY

+32.04%

5Y(CAGR)

GEHC

N/A

SPY

+13.35%

10Y(CAGR)

GEHC

N/A

SPY

+15.49%

Max(CAGR)

GEHC

+1.61%

Winner

SPY

+8.50%

GEHC vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GEHC	SPY
2026	-23.30%	+8.27%
2025	+4.84%	+18.00%
2024	+2.52%	+25.59%
2023	+27.98%	+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%

GEHC vs SPY Drawdown Comparison

The maximum drawdown for GEHC was -37.35%, occurring on Apr 8, 2025. 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 GEHC drawdown is -32.16%.

Rank	GEHC	SPY
#1	-37.35% Sep 30, 2024 - Apr 8, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-28.04% Apr 24, 2023 - Feb 23, 2024	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-20.35% Mar 8, 2024 - Sep 30, 2024	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-5.44% Jan 12, 2023 - Jan 20, 2023	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-4.80% Feb 6, 2023 - Feb 14, 2023	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-3.95% Jan 4, 2023 - Jan 11, 2023	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-3.07% Mar 14, 2023 - Mar 29, 2023	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-2.77% Jan 30, 2023 - Feb 6, 2023	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-2.41% Mar 30, 2023 - Apr 13, 2023	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-2.34% Feb 14, 2023 - Feb 17, 2023	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-2.23% Mar 6, 2023 - Mar 14, 2023	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-1.87% Feb 28, 2024 - Mar 6, 2024	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-1.68% Feb 17, 2023 - Feb 23, 2023	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-1.32% Feb 27, 2023 - Mar 3, 2023	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-1.28% Jan 24, 2023 - Jan 27, 2023	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between GEHC and SPY is -0.03 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.03

-101

Dividend Comparison (1999 - 2026)

GEHC vs SPY dividend yield comparison.

Year	GEHC	SPY
2026	0.11%	0.24%
2025	0.17%	1.07%
2024	0.15%	1.21%
2023	0.12%	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%