GTES vs SPY
Comparison between Gates Industrial Corporation plc (GTES, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed GTES, delivering a return of +13.9% compared to +6.8%
GTES vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
GTES
$6.44B
Winner
SPY
$735B
Expense Ratio
GTES
N/A
SPY
0.09%
Max Drawdown
GTES
70.06%
Winner
SPY
56.47%
Sharpe Ratio
GTES
0.34
Winner
SPY
1.76
5Y Beta
GTES
1.47
Winner
SPY
1.00
Industry
GTES
Specialty Industrial Machinery
SPY
N/A
P/E Ratio
Winner
GTES
26.08
SPY
28.46
Forward P/E
Winner
GTES
15.82
SPY
21.99
PEG Ratio
GTES
1.67
SPY
N/A
5Y Dividends CAGR
GTES
N/A
SPY
5.43%
5Y EPS CAGR
GTES
20.60%
Winner
SPY
25.20%
Debt to Equity
GTES
66.19%
Winner
SPY
33.33%
Free Cash Flow Yield
GTES
6.65%
SPY
N/A
P/S Ratio
Winner
GTES
1.87
SPY
3.65
P/B Ratio
Winner
GTES
1.97
SPY
5.50
GTES vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
GTES
-5.82%
Winner
SPY
+4.01%
3M
GTES
-11.21%
Winner
SPY
+7.93%
6M
Winner
GTES
+13.63%
SPY
+12.54%
1Y
GTES
+10.15%
Winner
SPY
+25.60%
5Y(CAGR)
GTES
+6.81%
Winner
SPY
+13.94%
10Y(CAGR)
GTES
+3.23%
Winner
SPY
+15.56%
Max(CAGR)
GTES
+3.23%
Winner
SPY
+8.49%
GTES vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | GTES | SPY |
|---|---|---|
| 2026 | +9.20% | +8.42% |
| 2025 | +5.14% | +18.00% |
| 2024 | +53.97% | +25.59% |
| 2023 | +15.99% | +26.72% |
| 2022 | -29.39% | -18.64% |
| 2021 | +27.28% | +30.52% |
| 2020 | -7.80% | +17.28% |
| 2019 | +2.15% | +31.09% |
| 2018 | -28.43% | -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% |
GTES vs SPY Drawdown Comparison
The maximum drawdown for GTES was -70.06%, occurring on Mar 17, 2020. Recovery took 1540 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current GTES drawdown is -14.12%. The current SPY drawdown is -1.27%.
| Rank | GTES | SPY |
|---|---|---|
| #1 | -70.06% Sep 21, 2018 - Nov 5, 2024 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -33.82% Feb 19, 2025 - Jul 2, 2025 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -24.99% Feb 24, 2026 - Mar 30, 2026 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -24.85% Feb 1, 2018 - Sep 21, 2018 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -18.97% Aug 28, 2025 - Feb 6, 2026 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -13.91% Dec 5, 2024 - Feb 6, 2025 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -6.64% Jul 25, 2025 - Aug 13, 2025 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -4.97% Aug 13, 2025 - Aug 25, 2025 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -4.48% Feb 6, 2025 - Feb 18, 2025 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -3.23% Nov 6, 2024 - Nov 21, 2024 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -3.00% Feb 13, 2026 - Feb 24, 2026 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -2.33% Jul 17, 2025 - Jul 23, 2025 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -1.85% Feb 9, 2026 - Feb 12, 2026 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -1.37% Jul 3, 2025 - Jul 9, 2025 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -1.25% Jul 10, 2025 - Jul 17, 2025 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between GTES and SPY is 0.75 which considered as a strong positive correlation - the stocks tend to move together.
0.75
-101
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