IHG vs SPY

Comparison between Intercontinental Hotels Group (IHG, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceIHG has outperformed SPY, delivering a return of +17.7% compared to +13.3%

IHG vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IHG(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$22B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	78.57%	56.47%
Sharpe Ratio	1.05	2.07
5Y Beta	0.85	1.00
Industry	Lodging	N/A
P/E Ratio	16.68	28.24
Forward P/E	23.15	21.85
PEG Ratio	0.51	N/A
Dividend Yield	1.27%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	22.69%	25.79%
Debt to Equity	-168.52%	22.35%
Free Cash Flow Yield	6.98%	N/A
P/S Ratio	4.18	3.55
P/B Ratio	25.89	5.29

Market Cap / Net Assets

IHG

$22B

Winner

SPY

$652B

Expense Ratio

IHG

N/A

SPY

0.09%

Max Drawdown

IHG

78.57%

Winner

SPY

56.47%

Sharpe Ratio

IHG

1.05

Winner

SPY

2.07

5Y Beta

Winner

IHG

0.85

SPY

1.00

Industry

IHG

Lodging

SPY

N/A

P/E Ratio

Winner

IHG

16.68

SPY

28.24

Forward P/E

IHG

23.15

Winner

SPY

21.85

PEG Ratio

IHG

0.51

SPY

N/A

Dividend Yield

IHG

1.27%

SPY

N/A

5Y Dividends CAGR

IHG

N/A

SPY

5.43%

5Y EPS CAGR

IHG

22.69%

Winner

SPY

25.79%

Debt to Equity

Winner

IHG

-168.52%

SPY

22.35%

Free Cash Flow Yield

IHG

6.98%

SPY

N/A

P/S Ratio

IHG

4.18

Winner

SPY

3.55

P/B Ratio

IHG

25.89

Winner

SPY

5.29

IHG vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	IHG	SPY
1 month	+6.88%	+9.11%
3 months	+5.32%	+6.59%
6 months	+15.95%	+10.56%
1 year	+29.21%	+32.04%
5 years(CAGR)	+17.70%	+13.35%
10 years(CAGR)	+16.22%	+15.49%
Max(CAGR)	+20.44%	+8.50%

IHG

+6.88%

Winner

SPY

+9.11%

IHG

+5.32%

Winner

SPY

+6.59%

Winner

IHG

+15.95%

SPY

+10.56%

IHG

+29.21%

Winner

SPY

+32.04%

5Y(CAGR)

Winner

IHG

+17.70%

SPY

+13.35%

10Y(CAGR)

Winner

IHG

+16.22%

SPY

+15.49%

Max(CAGR)

Winner

IHG

+20.44%

SPY

+8.50%

IHG vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IHG	SPY
2026	+7.55%	+8.27%
2025	+15.55%	+18.00%
2024	+39.79%	+25.59%
2023	+59.02%	+26.72%
2022	-9.60%	-18.64%
2021	+3.05%	+30.52%
2020	-5.64%	+17.28%
2019	+29.80%	+31.09%
2018	-12.91%	-5.24%
2017	+47.46%	+20.78%
2016	+59.95%	+13.59%
2015	+0.30%	+1.31%
2014	+32.19%	+14.56%
2013	+25.18%	+29.00%
2012	+54.42%	+14.17%
2011	-6.82%	+0.85%
2010	+39.58%	+13.14%
2009	+71.74%	+22.67%
2008	-49.03%	-36.25%
2007	-16.31%	+5.32%
2006	+72.66%	+13.85%
2005	+17.58%	+5.32%
2004	+32.98%	+10.75%
2003	+66.31%	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

IHG vs SPY Drawdown Comparison

The maximum drawdown for IHG was -77.85%, occurring on Mar 9, 2009. Recovery took 1236 trading sessions.

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

Rank	IHG	SPY
#1	-77.85% Jun 4, 2007 - Apr 27, 2012	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-59.29% Jul 30, 2019 - Feb 16, 2021	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-34.96% Feb 22, 2021 - Jul 18, 2023	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-28.89% Feb 7, 2025 - Nov 25, 2025	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-25.17% May 18, 2015 - May 4, 2016	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-24.90% Jan 23, 2018 - Jun 7, 2019	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-19.42% Jul 3, 2014 - Nov 28, 2014	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-17.88% Jan 14, 2004 - Jun 30, 2004	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-17.54% Jul 16, 2024 - Sep 24, 2024	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-14.27% Jun 2, 2017 - Nov 6, 2017	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-14.06% Jun 23, 2016 - Aug 2, 2016	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-13.98% Aug 23, 2016 - Jan 3, 2017	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-13.75% May 11, 2006 - Oct 18, 2006	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-13.21% Dec 26, 2006 - May 16, 2007	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-13.04% Feb 17, 2026 - May 7, 2026	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between IHG 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)

IHG vs SPY dividend yield comparison.

Year	IHG	SPY
2026	0.84%	0.24%
2025	1.23%	1.07%
2024	1.26%	1.21%
2023	1.57%	1.40%
2022	2.22%	1.65%
2021	0.00%	1.20%
2020	0.00%	1.52%
2019	5.52%	1.75%
2018	1.97%	2.04%
2017	8.04%	1.80%
2016	30.47%	2.03%
2015	2.72%	2.06%
2014	9.04%	1.87%
2013	5.89%	1.81%
2012	2.08%	2.18%
2011	2.73%	2.05%
2010	2.10%	1.80%
2009	2.88%	1.95%
2008	4.95%	3.02%
2007	25.14%	1.85%
2006	11.05%	1.73%
2005	1.81%	1.73%
2004	1.99%	1.82%
2003	0.70%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%