HEI vs SPY
Comparison between Heico Corp (HEI, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceHEI has outperformed SPY, delivering a return of +15.7% compared to +13.3%
HEI vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
HEI
$41B
Winner
SPY
$652B
Expense Ratio
HEI
N/A
SPY
0.09%
Max Drawdown
HEI
63.95%
Winner
SPY
56.47%
Sharpe Ratio
HEI
0.32
Winner
SPY
2.07
5Y Beta
Winner
HEI
0.81
SPY
1.00
Industry
HEI
Aerospace & Defense
SPY
N/A
P/E Ratio
HEI
47.20
Winner
SPY
28.24
Forward P/E
HEI
47.62
Winner
SPY
21.85
PEG Ratio
HEI
2.59
SPY
N/A
Dividend Yield
HEI
0.08%
SPY
N/A
5Y Dividends CAGR
Winner
HEI
8.45%
SPY
5.43%
5Y EPS CAGR
HEI
6.25%
Winner
SPY
25.79%
Debt to Equity
Winner
HEI
0.08%
SPY
22.35%
Free Cash Flow Yield
HEI
2.04%
SPY
N/A
P/S Ratio
HEI
8.92
Winner
SPY
3.55
P/B Ratio
HEI
8.59
Winner
SPY
5.29
HEI vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
HEI
-0.40%
Winner
SPY
+9.11%
3M
HEI
-9.40%
Winner
SPY
+6.59%
6M
HEI
-9.52%
Winner
SPY
+10.56%
1Y
HEI
+9.09%
Winner
SPY
+32.04%
5Y(CAGR)
Winner
HEI
+15.70%
SPY
+13.35%
10Y(CAGR)
Winner
HEI
+25.11%
SPY
+15.49%
Max(CAGR)
Winner
HEI
+18.58%
SPY
+8.50%
HEI vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | HEI | SPY |
|---|---|---|
| 2026 | -11.25% | +8.27% |
| 2025 | +36.54% | +18.00% |
| 2024 | +33.81% | +25.59% |
| 2023 | +17.80% | +26.72% |
| 2022 | +7.26% | -18.64% |
| 2021 | +13.15% | +30.52% |
| 2020 | +10.69% | +17.28% |
| 2019 | +50.39% | +31.09% |
| 2018 | +29.47% | -5.24% |
| 2017 | +51.47% | +20.78% |
| 2016 | +42.89% | +13.59% |
| 2015 | -6.45% | +1.31% |
| 2014 | +7.34% | +14.56% |
| 2013 | +28.24% | +29.00% |
| 2012 | +4.97% | +14.17% |
| 2011 | +40.48% | +0.85% |
| 2010 | +42.72% | +13.14% |
| 2009 | +11.59% | +22.67% |
| 2008 | -28.22% | -36.25% |
| 2007 | +41.31% | +5.32% |
| 2006 | +49.61% | +13.85% |
| 2005 | +19.09% | +5.32% |
| 2004 | +35.95% | +10.75% |
| 2003 | +68.47% | +24.18% |
| 2002 | -29.96% | -22.42% |
| 2001 | +8.15% | -10.13% |
| 2000 | -25.60% | -8.84% |
| 1999 | +26.43% | +8.61% |
HEI vs SPY Drawdown Comparison
The maximum drawdown for HEI was -63.74%, occurring on Apr 30, 2003. Recovery took 779 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current HEI drawdown is -18.40%.
| Rank | HEI | SPY |
|---|---|---|
| #1 | -63.74% Aug 24, 2001 - Oct 5, 2004 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -61.37% Dec 26, 2007 - Sep 20, 2010 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -57.72% Aug 29, 2019 - Jun 4, 2021 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -47.34% Dec 27, 1999 - Aug 23, 2001 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -32.38% Sep 24, 2013 - Jul 27, 2016 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -29.58% Nov 15, 2011 - Jan 2, 2013 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -28.37% Jul 8, 2011 - Oct 27, 2011 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -27.11% Jan 15, 2026 - Apr 29, 2026 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -23.46% Sep 14, 2018 - Feb 22, 2019 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -22.64% May 4, 2006 - Oct 5, 2006 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -21.26% Nov 22, 2024 - May 19, 2025 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -20.77% Dec 29, 2004 - Jun 28, 2005 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -18.84% Apr 4, 2022 - Jul 29, 2022 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -17.20% Nov 2, 1999 - Nov 22, 1999 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -16.93% Jun 8, 2021 - Nov 9, 2021 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between HEI and SPY is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
Dividend Comparison (1999 - 2026)
HEI vs SPY dividend yield comparison.
| Year | HEI | SPY |
|---|---|---|
| 2026 | 0.04% | 0.24% |
| 2025 | 0.07% | 1.07% |
| 2024 | 0.09% | 1.21% |
| 2023 | 0.11% | 1.40% |
| 2022 | 0.12% | 1.65% |
| 2021 | 0.12% | 1.20% |
| 2020 | 0.12% | 1.52% |
| 2019 | 0.12% | 1.75% |
| 2018 | 0.14% | 2.04% |
| 2017 | 0.08% | 1.80% |
| 2016 | 0.22% | 2.03% |
| 2015 | 0.28% | 2.06% |
| 2014 | 0.73% | 1.87% |
| 2013 | 0.83% | 1.81% |
| 2012 | 7.84% | 2.18% |
| 2011 | 0.18% | 2.05% |
| 2010 | 0.21% | 1.80% |
| 2009 | 0.27% | 1.95% |
| 2008 | 0.26% | 3.02% |
| 2007 | 0.15% | 1.85% |
| 2006 | 0.21% | 1.73% |
| 2005 | 0.19% | 1.73% |
| 2004 | 0.22% | 1.82% |
| 2003 | 0.27% | 1.47% |
| 2002 | 0.47% | 1.70% |
| 2001 | 0.30% | 1.25% |
| 2000 | 0.26% | 1.15% |
| 1999 | 0.00% | 0.24% |
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