HBANL vs SPY

Comparison between Huntington Bancshares Inc (HBANL, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

HBANL vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HBANL(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$52B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	16.47%	56.47%
Sharpe Ratio	0.44	2.07
5Y Beta	0.14	1.00
Industry	Banks - Regional	N/A
P/E Ratio	18.35	28.24
Forward P/E	N/A	21.85
Dividend Yield	2.44%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	1.65%	25.79%
Debt to Equity	72.13%	22.35%
Free Cash Flow Yield	4.18%	N/A
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Market Cap / Net Assets

HBANL

$52B

Winner

SPY

$652B

Expense Ratio

HBANL

N/A

SPY

0.09%

Max Drawdown

Winner

HBANL

16.47%

SPY

56.47%

Sharpe Ratio

HBANL

0.44

Winner

SPY

2.07

5Y Beta

Winner

HBANL

0.14

SPY

1.00

Industry

HBANL

Banks - Regional

SPY

N/A

P/E Ratio

Winner

HBANL

18.35

SPY

28.24

Forward P/E

HBANL

N/A

SPY

21.85

Dividend Yield

HBANL

2.44%

SPY

N/A

5Y Dividends CAGR

HBANL

N/A

SPY

5.43%

5Y EPS CAGR

HBANL

1.65%

Winner

SPY

25.79%

Debt to Equity

HBANL

72.13%

Winner

SPY

22.35%

Free Cash Flow Yield

HBANL

4.18%

SPY

N/A

P/S Ratio

HBANL

N/A

SPY

3.55

P/B Ratio

HBANL

N/A

SPY

5.29

HBANL vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	HBANL	SPY
1 month	+2.66%	+9.11%
3 months	+2.15%	+6.59%
6 months	+4.25%	+10.56%
1 year	+7.65%	+32.04%
5 years(CAGR)	N/A	+13.35%
10 years(CAGR)	N/A	+15.49%
Max(CAGR)	+7.65%	+8.50%

HBANL

+2.66%

Winner

SPY

+9.11%

HBANL

+2.15%

Winner

SPY

+6.59%

HBANL

+4.25%

Winner

SPY

+10.56%

HBANL

+7.65%

Winner

SPY

+32.04%

5Y(CAGR)

HBANL

N/A

SPY

+13.35%

10Y(CAGR)

HBANL

N/A

SPY

+15.49%

Max(CAGR)

HBANL

+7.65%

Winner

SPY

+8.50%

HBANL vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HBANL	SPY
2026	+2.40%	+8.27%
2025	+4.10%	+18.00%
2024	+13.83%	+25.59%
2023	+0.75%	+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%

HBANL vs SPY Drawdown Comparison

The maximum drawdown for HBANL was -16.47%, occurring on Mar 17, 2023. Recovery took 128 trading sessions.

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

The current HBANL drawdown is -0.39%.

Rank	HBANL	SPY
#1	-16.47% Mar 7, 2023 - Sep 8, 2023	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-12.56% Sep 20, 2023 - Dec 14, 2023	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-5.95% Feb 23, 2024 - May 31, 2024	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-5.34% Jan 3, 2025 - May 2, 2025	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-5.08% May 2, 2025 - Jul 31, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-4.91% Jan 16, 2026 - Apr 14, 2026	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-3.77% Jul 15, 2024 - Aug 14, 2024	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-3.34% Jun 5, 2024 - Jul 11, 2024	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-3.22% Dec 26, 2023 - Jan 12, 2024	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-3.04% Jan 22, 2024 - Feb 20, 2024	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-2.84% Aug 22, 2025 - Sep 12, 2025	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-2.72% Dec 5, 2024 - Jan 2, 2025	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-2.22% Sep 16, 2025 - Nov 25, 2025	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-1.83% Nov 11, 2024 - Nov 29, 2024	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-1.68% Sep 24, 2024 - Oct 1, 2024	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between HBANL and SPY is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (1999 - 2026)

HBANL vs SPY dividend yield comparison.

Year	HBANL	SPY
2026	1.69%	0.24%
2025	6.77%	1.07%
2024	6.76%	1.21%
2023	6.23%	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%