HWM vs SPY

Comparison between Howmet Aerospace Inc (HWM, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceHWM has outperformed SPY, delivering a return of +52.2% compared to +13.3%

HWM vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HWM(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$103B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	91.56%	56.47%
Sharpe Ratio	1.85	2.07
5Y Beta	1.22	1.00
Industry	Aerospace & Defense	N/A
P/E Ratio	68.56	28.24
Forward P/E	52.36	21.85
PEG Ratio	1.42	N/A
Dividend Yield	0.18%	N/A
5Y Dividends CAGR	105.35%	5.43%
5Y EPS CAGR	41.40%	25.79%
Debt to Equity	56.98%	22.35%
Free Cash Flow Yield	1.39%	N/A
P/S Ratio	12.46	3.55
P/B Ratio	17.94	5.29

Market Cap / Net Assets

HWM

$103B

Winner

SPY

$652B

Expense Ratio

HWM

N/A

SPY

0.09%

Max Drawdown

HWM

91.56%

Winner

SPY

56.47%

Sharpe Ratio

HWM

1.85

Winner

SPY

2.07

5Y Beta

HWM

1.22

Winner

SPY

1.00

Industry

HWM

Aerospace & Defense

SPY

N/A

P/E Ratio

HWM

68.56

Winner

SPY

28.24

Forward P/E

HWM

52.36

Winner

SPY

21.85

PEG Ratio

HWM

1.42

SPY

N/A

Dividend Yield

HWM

0.18%

SPY

N/A

5Y Dividends CAGR

Winner

HWM

105.35%

SPY

5.43%

5Y EPS CAGR

Winner

HWM

41.40%

SPY

25.79%

Debt to Equity

HWM

56.98%

Winner

SPY

22.35%

Free Cash Flow Yield

HWM

1.39%

SPY

N/A

P/S Ratio

HWM

12.46

Winner

SPY

3.55

P/B Ratio

HWM

17.94

Winner

SPY

5.29

HWM vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	HWM	SPY
1 month	+8.14%	+9.11%
3 months	+20.07%	+6.59%
6 months	+30.88%	+10.56%
1 year	+72.06%	+32.04%
5 years(CAGR)	+52.17%	+13.35%
10 years(CAGR)	+33.51%	+15.49%
Max(CAGR)	+7.84%	+8.50%

HWM

+8.14%

Winner

SPY

+9.11%

Winner

HWM

+20.07%

SPY

+6.59%

Winner

HWM

+30.88%

SPY

+10.56%

Winner

HWM

+72.06%

SPY

+32.04%

5Y(CAGR)

Winner

HWM

+52.17%

SPY

+13.35%

10Y(CAGR)

Winner

HWM

+33.51%

SPY

+15.49%

Max(CAGR)

HWM

+7.84%

Winner

SPY

+8.50%

HWM vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HWM	SPY
2026	+27.76%	+8.27%
2025	+85.55%	+18.00%
2024	+104.17%	+25.59%
2023	+39.08%	+26.72%
2022	+22.25%	-18.64%
2021	+18.61%	+30.52%
2020	+18.07%	+17.28%
2019	+66.75%	+31.09%
2018	-38.58%	-5.24%
2017	+43.34%	+20.78%
2016	-11.00%	+13.59%
2015	-37.20%	+1.31%
2014	+51.25%	+14.56%
2013	+19.87%	+29.00%
2012	-4.70%	+14.17%
2011	-44.79%	+0.85%
2010	-6.68%	+13.14%
2009	+37.03%	+22.67%
2008	-67.90%	-36.25%
2007	+26.99%	+5.32%
2006	+2.35%	+13.85%
2005	-2.52%	+5.32%
2004	-14.74%	+10.75%
2003	+65.34%	+24.18%
2002	-34.82%	-22.42%
2001	+12.04%	-10.13%
2000	-15.93%	-8.84%
1999	+35.96%	+8.61%

HWM vs SPY Drawdown Comparison

The maximum drawdown for HWM was -88.29%, occurring on Mar 6, 2009. Recovery took 4184 trading sessions.

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

The current HWM drawdown is -0.81%.

Rank	HWM	SPY
#1	-88.29% Jul 13, 2007 - Feb 27, 2024	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-59.33% May 21, 2001 - May 23, 2007	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-44.73% Jan 5, 2000 - May 16, 2001	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-19.41% Feb 19, 2025 - May 1, 2025	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-15.89% Mar 2, 2026 - May 7, 2026	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-10.94% Jul 30, 2025 - Sep 22, 2025	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-10.33% Dec 4, 2024 - Jan 15, 2025	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-9.36% May 28, 2024 - Jul 30, 2024	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-9.35% Jul 31, 2024 - Aug 16, 2024	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-9.30% Mar 7, 2024 - May 2, 2024	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-8.94% Nov 10, 2025 - Dec 24, 2025	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-7.91% Jan 21, 2026 - Feb 9, 2026	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-7.59% Jun 18, 2007 - Jul 9, 2007	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-6.21% Oct 21, 2024 - Nov 6, 2024	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-6.19% Sep 30, 2025 - Oct 21, 2025	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between HWM and SPY is 0.68 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.68

-101

Dividend Comparison (1999 - 2026)

HWM vs SPY dividend yield comparison.

Year	HWM	SPY
2026	0.04%	0.24%
2025	0.21%	1.07%
2024	0.24%	1.21%
2023	0.31%	1.40%
2022	0.25%	1.65%
2021	0.13%	1.20%
2020	0.05%	1.52%
2019	0.39%	1.75%
2018	1.42%	2.04%
2017	0.88%	1.80%
2016	40.49%	2.03%
2015	1.22%	2.06%
2014	0.76%	1.87%
2013	1.13%	1.81%
2012	1.38%	2.18%
2011	1.39%	2.05%
2010	0.78%	1.80%
2009	1.61%	1.95%
2008	6.04%	3.02%
2007	1.86%	1.85%
2006	2.00%	1.73%
2005	2.03%	1.73%
2004	1.91%	1.82%
2003	1.58%	1.47%
2002	2.63%	1.70%
2001	1.69%	1.25%
2000	1.49%	1.15%
1999	0.02%	0.24%