HEI-A vs SPY

Comparison between Heico Corp - Class A (HEI-A, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed HEI-A, delivering a return of +13.3% compared to +11.2%

HEI-A vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEI-A(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$31B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	49.74%	56.47%
Sharpe Ratio	0.17	2.07
5Y Beta	0.81	1.00
Industry	Aerospace & Defense	N/A
P/E Ratio	35.86	28.24
Forward P/E	36.76	21.85
PEG Ratio	2.00	N/A
Dividend Yield	0.11%	N/A
5Y Dividends CAGR	8.45%	5.43%
5Y EPS CAGR	6.25%	25.79%
Debt to Equity	0.08%	22.35%
Free Cash Flow Yield	2.68%	N/A
P/S Ratio	6.78	3.55
P/B Ratio	6.64	5.29

Market Cap / Net Assets

HEI-A

$31B

Winner

SPY

$652B

Expense Ratio

HEI-A

N/A

SPY

0.09%

Max Drawdown

Winner

HEI-A

49.74%

SPY

56.47%

Sharpe Ratio

HEI-A

0.17

Winner

SPY

2.07

5Y Beta

Winner

HEI-A

0.81

SPY

1.00

Industry

HEI-A

Aerospace & Defense

SPY

N/A

P/E Ratio

HEI-A

35.86

Winner

SPY

28.24

Forward P/E

HEI-A

36.76

Winner

SPY

21.85

PEG Ratio

HEI-A

2.00

SPY

N/A

Dividend Yield

HEI-A

0.11%

SPY

N/A

5Y Dividends CAGR

Winner

HEI-A

8.45%

SPY

5.43%

5Y EPS CAGR

HEI-A

6.25%

Winner

SPY

25.79%

Debt to Equity

Winner

HEI-A

0.08%

SPY

22.35%

Free Cash Flow Yield

HEI-A

2.68%

SPY

N/A

P/S Ratio

HEI-A

6.78

Winner

SPY

3.55

P/B Ratio

HEI-A

6.64

Winner

SPY

5.29

HEI-A vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	HEI-A	SPY
1 month	-1.09%	+9.11%
3 months	-10.63%	+6.59%
6 months	-11.81%	+10.56%
1 year	+4.67%	+32.04%
5 years(CAGR)	+11.25%	+13.35%
10 years(CAGR)	+24.03%	+15.49%
Max(CAGR)	+24.00%	+8.50%

HEI-A

-1.09%

Winner

SPY

+9.11%

HEI-A

-10.63%

Winner

SPY

+6.59%

HEI-A

-11.81%

Winner

SPY

+10.56%

HEI-A

+4.67%

Winner

SPY

+32.04%

5Y(CAGR)

HEI-A

+11.25%

Winner

SPY

+13.35%

10Y(CAGR)

Winner

HEI-A

+24.03%

SPY

+15.49%

Max(CAGR)

Winner

HEI-A

+24.00%

SPY

+8.50%

HEI-A vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HEI-A	SPY
2026	-13.75%	+8.27%
2025	+35.93%	+18.00%
2024	+31.65%	+25.59%
2023	+20.11%	+26.72%
2022	-6.78%	-18.64%
2021	+12.70%	+30.52%
2020	+23.76%	+17.28%
2019	+48.30%	+31.09%
2018	+25.84%	-5.24%
2017	+45.71%	+20.78%
2016	+43.05%	+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%

HEI-A vs SPY Drawdown Comparison

The maximum drawdown for HEI-A was -49.70%, occurring on Mar 18, 2020. Recovery took 302 trading sessions.

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

The current HEI-A drawdown is -19.69%.

Rank	HEI-A	SPY
#1	-49.70% Aug 29, 2019 - Nov 9, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-27.11% Jan 15, 2026 - Apr 29, 2026	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-25.90% Nov 9, 2021 - Feb 15, 2023	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-24.91% Sep 14, 2018 - Feb 15, 2019	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-18.84% Jun 8, 2021 - Nov 9, 2021	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-17.89% Nov 22, 2024 - Mar 25, 2025	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-17.71% Jan 12, 2016 - Apr 14, 2016	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-14.99% Jan 8, 2021 - Apr 15, 2021	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-14.47% May 22, 2023 - Jul 25, 2023	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-13.62% Mar 25, 2025 - May 15, 2025	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-12.63% Jan 29, 2018 - Feb 28, 2018	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-12.46% Jul 25, 2023 - Dec 4, 2023	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-10.02% Aug 4, 2025 - Jan 5, 2026	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-9.73% Dec 13, 2023 - Feb 7, 2024	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-8.80% Nov 16, 2020 - Dec 4, 2020	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between HEI-A 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)

HEI-A vs SPY dividend yield comparison.

Year	HEI-A	SPY
2026	0.05%	0.24%
2025	0.09%	1.07%
2024	0.11%	1.21%
2023	0.14%	1.40%
2022	0.15%	1.65%
2021	0.13%	1.20%
2020	0.14%	1.52%
2019	0.08%	1.75%
2018	0.18%	2.04%
2017	0.10%	1.80%
2016	0.25%	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%