GGAL vs SPY
Comparison between Grupo Financiero Galicia (GGAL, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceGGAL has outperformed SPY, delivering a return of +44.6% compared to +13.7%
GGAL vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
GGAL vs SPY - Historical Returns
Returns include dividend reinvestment.
GGAL vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | GGAL | SPY |
|---|---|---|
| 2026 | -21.36% | +8.50% |
| 2025 | -19.69% | +18.00% |
| 2024 | +295.68% | +25.59% |
| 2023 | +95.89% | +26.72% |
| 2022 | +5.54% | -18.64% |
| 2021 | +14.91% | +30.52% |
| 2020 | -46.12% | +17.28% |
| 2019 | -42.31% | +31.09% |
| 2018 | -58.68% | -5.24% |
| 2017 | +133.69% | +20.78% |
| 2016 | +2.92% | +13.59% |
| 2015 | +74.12% | +1.31% |
| 2014 | +58.93% | +14.56% |
| 2013 | +48.16% | +29.00% |
| 2012 | +1.40% | +14.17% |
| 2011 | -62.97% | +0.85% |
| 2010 | +164.42% | +13.14% |
| 2009 | +138.02% | +22.67% |
| 2008 | -70.26% | -36.25% |
| 2007 | -21.69% | +5.32% |
| 2006 | +36.38% | +13.85% |
| 2005 | -18.03% | +5.32% |
| 2004 | +21.42% | +10.75% |
| 2003 | +228.29% | +24.18% |
| 2002 | -37.19% | -22.42% |
| 2001 | -78.27% | -10.13% |
| 2000 | -15.37% | -8.84% |
| 1999 | N/A | +8.61% |
GGAL vs SPY Drawdown Comparison
The maximum drawdown for GGAL was -98.98%, occurring on Jun 17, 2002. Recovery took 3541 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current GGAL drawdown is -40.49%. The current SPY drawdown is -1.20%.
| Rank | GGAL | SPY |
|---|---|---|
| #1 | -98.98% Jan 23, 2001 - Feb 23, 2015 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -91.70% Jan 18, 2018 - Nov 18, 2024 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -62.95% Jan 7, 2025 - Sep 19, 2025 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -33.53% Mar 18, 2015 - Oct 28, 2015 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -32.84% Jul 31, 2000 - Jan 9, 2001 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -27.35% Oct 5, 2016 - Jan 20, 2017 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -22.18% Jun 5, 2017 - Sep 6, 2017 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -17.31% Nov 20, 2015 - Feb 17, 2016 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -15.64% Apr 19, 2016 - Jun 17, 2016 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -14.36% Mar 2, 2016 - Apr 19, 2016 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -12.04% Oct 23, 2017 - Dec 1, 2017 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -11.50% Jul 14, 2016 - Oct 5, 2016 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -10.85% Feb 10, 2017 - Mar 20, 2017 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -10.80% Dec 17, 2024 - Jan 2, 2025 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -9.80% Jun 20, 2016 - Jul 14, 2016 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between GGAL and SPY is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (1999 - 2026)
GGAL vs SPY dividend yield comparison.
| Year | GGAL | SPY |
|---|---|---|
| 2026 | 3.06% | 0.24% |
| 2025 | 2.11% | 1.07% |
| 2024 | 3.81% | 1.21% |
| 2023 | 6.49% | 1.40% |
| 2022 | 4.62% | 1.65% |
| 2021 | 0.23% | 1.20% |
| 2020 | 0.94% | 1.52% |
| 2019 | 1.89% | 1.75% |
| 2018 | 1.29% | 2.04% |
| 2017 | 0.16% | 1.80% |
| 2016 | 0.13% | 2.03% |
| 2015 | 0.09% | 2.06% |
| 2014 | 0.01% | 1.87% |
| 2013 | 0.05% | 1.81% |
| 2012 | 0.49% | 2.18% |
| 2011 | 0.35% | 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 | 0.29% | 1.82% |
| 2003 | 0.00% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 8.89% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
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