HIMX vs SPY

Comparison between Himax Technologies (HIMX, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceHIMX has outperformed SPY, delivering a return of +22.7% compared to +14.0%

HIMX vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIMX(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$3.22B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	89.39%	56.47%
Sharpe Ratio	1.72	1.91
5Y Beta	1.80	1.00
Industry	Semiconductors	N/A
P/E Ratio	73.33	28.68
Forward P/E	9.84	22.19
PEG Ratio	1.49	N/A
Dividend Yield	1.27%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	-1.39%	26.37%
Debt to Equity	32.19%	34.04%
Free Cash Flow Yield	4.35%	N/A
P/S Ratio	4.00	3.76
P/B Ratio	3.57	5.55

Market Cap / Net Assets

HIMX

$3.22B

Winner

SPY

$735B

Expense Ratio

HIMX

N/A

SPY

0.09%

Max Drawdown

HIMX

89.39%

Winner

SPY

56.47%

Sharpe Ratio

HIMX

1.72

Winner

SPY

1.91

5Y Beta

HIMX

1.80

Winner

SPY

1.00

Industry

HIMX

Semiconductors

SPY

N/A

P/E Ratio

HIMX

73.33

Winner

SPY

28.68

Forward P/E

Winner

HIMX

9.84

SPY

22.19

PEG Ratio

HIMX

1.49

SPY

N/A

Dividend Yield

HIMX

1.27%

SPY

N/A

5Y Dividends CAGR

HIMX

N/A

SPY

5.43%

5Y EPS CAGR

HIMX

-1.39%

Winner

SPY

26.37%

Debt to Equity

Winner

HIMX

32.19%

SPY

34.04%

Free Cash Flow Yield

HIMX

4.35%

SPY

N/A

P/S Ratio

HIMX

4.00

Winner

SPY

3.76

P/B Ratio

Winner

HIMX

3.57

SPY

5.55

HIMX vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	HIMX	SPY
1 month	+82.16%	+4.84%
3 months	+176.48%	+9.57%
6 months	+193.04%	+13.79%
1 year	+166.57%	+29.34%
5 years(CAGR)	+22.70%	+13.98%
10 years(CAGR)	+12.80%	+15.66%
Max(CAGR)	+8.92%	+8.53%

Winner

HIMX

+82.16%

SPY

+4.84%

Winner

HIMX

+176.48%

SPY

+9.57%

Winner

HIMX

+193.04%

SPY

+13.79%

Winner

HIMX

+166.57%

SPY

+29.34%

5Y(CAGR)

Winner

HIMX

+22.70%

SPY

+13.98%

10Y(CAGR)

HIMX

+12.80%

Winner

SPY

+15.66%

Max(CAGR)

Winner

HIMX

+8.92%

SPY

+8.53%

HIMX vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HIMX	SPY
2026	+146.66%	+9.45%
2025	+14.03%	+18.00%
2024	+31.45%	+25.59%
2023	+2.48%	+26.72%
2022	-44.35%	-18.64%
2021	+127.63%	+30.52%
2020	+163.93%	+17.28%
2019	-23.78%	+31.09%
2018	-66.70%	-5.24%
2017	+72.26%	+20.78%
2016	-28.79%	+13.59%
2015	+6.28%	+1.31%
2014	-41.77%	+14.56%
2013	+450.72%	+29.00%
2012	+151.34%	+14.17%
2011	-56.06%	+0.85%
2010	-19.09%	+13.14%
2009	+64.21%	+22.67%
2008	-60.08%	-36.25%
2007	-4.89%	+5.32%
2006	-45.37%	+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%

HIMX vs SPY Drawdown Comparison

The maximum drawdown for HIMX was -87.63%, occurring on Dec 5, 2008. Recovery took 1780 trading sessions.

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

The current SPY drawdown is -0.34%.

Rank	HIMX	SPY
#1	-87.63% Apr 6, 2006 - May 3, 2013	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-86.93% Mar 12, 2014 - Feb 8, 2021	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-66.11% Jun 30, 2021 - May 7, 2026	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-36.84% May 15, 2013 - Jul 24, 2013	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-35.05% Feb 16, 2021 - Jun 29, 2021	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-23.85% Jul 24, 2013 - Sep 5, 2013	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-22.82% Oct 2, 2013 - Dec 11, 2013	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-12.51% Dec 31, 2013 - Jan 22, 2014	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-12.48% May 14, 2026 - May 22, 2026	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-10.00% Jan 22, 2014 - Mar 10, 2014	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-9.67% Sep 20, 2013 - Oct 2, 2013	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-9.23% May 3, 2013 - May 14, 2013	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-7.46% May 11, 2026 - May 14, 2026	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-6.28% Sep 5, 2013 - Sep 11, 2013	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-5.56% Sep 11, 2013 - Sep 18, 2013	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between HIMX and SPY is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (1999 - 2026)

HIMX vs SPY dividend yield comparison.

Year	HIMX	SPY
2026	0.00%	0.24%
2025	4.52%	1.07%
2024	3.61%	1.21%
2023	7.91%	1.40%
2022	20.13%	1.65%
2021	1.64%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	2.62%	2.04%
2017	2.21%	1.80%
2016	1.99%	2.03%
2015	3.54%	2.06%
2014	3.23%	1.87%
2013	1.63%	1.81%
2012	2.63%	2.18%
2011	10.99%	2.05%
2010	10.17%	1.80%
2009	10.11%	1.95%
2008	20.50%	3.02%
2007	4.68%	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%