HGTY vs SPY

Comparison between Hagerty Inc - Class A (HGTY, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed HGTY, delivering a return of +14.0% compared to +1.9%

HGTY vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HGTY(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$3.83B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	59.73%	56.47%
Sharpe Ratio	0.48	1.91
5Y Beta	0.51	1.00
Industry	Insurance - Property & Casualty	N/A
P/E Ratio	27.40	28.68
Forward P/E	21.98	22.19
PEG Ratio	0.37	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	26.37%
Debt to Equity	104.54%	34.04%
Free Cash Flow Yield	5.00%	N/A
P/S Ratio	2.60	3.76
P/B Ratio	5.14	5.55

Market Cap / Net Assets

HGTY

$3.83B

Winner

SPY

$735B

Expense Ratio

HGTY

N/A

SPY

0.09%

Max Drawdown

HGTY

59.73%

Winner

SPY

56.47%

Sharpe Ratio

HGTY

0.48

Winner

SPY

1.91

5Y Beta

Winner

HGTY

0.51

SPY

1.00

Industry

HGTY

Insurance - Property & Casualty

SPY

N/A

P/E Ratio

Winner

HGTY

27.40

SPY

28.68

Forward P/E

Winner

HGTY

21.98

SPY

22.19

PEG Ratio

HGTY

0.37

SPY

N/A

5Y Dividends CAGR

HGTY

N/A

SPY

5.43%

5Y EPS CAGR

HGTY

N/A

SPY

26.37%

Debt to Equity

HGTY

104.54%

Winner

SPY

34.04%

Free Cash Flow Yield

HGTY

5.00%

SPY

N/A

P/S Ratio

Winner

HGTY

2.60

SPY

3.76

P/B Ratio

Winner

HGTY

5.14

SPY

5.55

HGTY vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	HGTY	SPY
1 month	+1.81%	+4.84%
3 months	-7.60%	+9.57%
6 months	-19.73%	+13.79%
1 year	+16.43%	+29.34%
5 years(CAGR)	+1.89%	+13.98%
10 years(CAGR)	N/A	+15.66%
Max(CAGR)	+1.89%	+8.53%

HGTY

+1.81%

Winner

SPY

+4.84%

HGTY

-7.60%

Winner

SPY

+9.57%

HGTY

-19.73%

Winner

SPY

+13.79%

HGTY

+16.43%

Winner

SPY

+29.34%

5Y(CAGR)

HGTY

+1.89%

Winner

SPY

+13.98%

10Y(CAGR)

HGTY

N/A

SPY

+15.66%

Max(CAGR)

HGTY

+1.89%

Winner

SPY

+8.53%

HGTY vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HGTY	SPY
2026	-18.63%	+9.45%
2025	+36.03%	+18.00%
2024	+22.62%	+25.59%
2023	-8.24%	+26.72%
2022	-41.80%	-18.64%
2021	+45.44%	+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%

HGTY vs SPY Drawdown Comparison

The maximum drawdown for HGTY was -59.73%, occurring on May 11, 2022. This drawdown has not yet recovered.

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

The current HGTY drawdown is -43.09%. The current SPY drawdown is -0.34%.

Rank	HGTY	SPY
#1	-59.73% Dec 13, 2021 - May 11, 2022	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-2.69% Dec 3, 2021 - Dec 7, 2021	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-2.54% Nov 4, 2021 - Nov 29, 2021	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-2.12% Aug 5, 2021 - Aug 18, 2021	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-1.93% Jun 16, 2021 - Aug 4, 2021	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-0.97% Nov 29, 2021 - Dec 2, 2021	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-0.89% Sep 14, 2021 - Oct 26, 2021	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-0.80% Aug 20, 2021 - Sep 1, 2021	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-0.59% Oct 26, 2021 - Nov 3, 2021	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-0.20% Jun 8, 2021 - Jun 11, 2021	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-0.20% Aug 18, 2021 - Aug 20, 2021	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-0.20% Sep 1, 2021 - Sep 8, 2021	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-0.10% Jun 4, 2021 - Jun 8, 2021	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-0.10% Jun 11, 2021 - Jun 16, 2021	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-0.10% Sep 8, 2021 - Sep 13, 2021	-7.27% Sep 18, 2014 - Oct 31, 2014