INDV vs SPY

Comparison between Indivior Plc (INDV, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceINDV has outperformed SPY, delivering a return of +28.6% compared to +13.8%

INDV vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	INDV(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$4.66B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	93.82%	56.47%
Sharpe Ratio	3.00	1.67
5Y Beta	0.73	1.00
Industry	Drug Manufacturers - Specialty & Generic	N/A
P/E Ratio	23.84	28.81
Forward P/E	12.06	22.07
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	25.84%
Debt to Equity	-337.50%	34.16%
Free Cash Flow Yield	-4.12%	N/A
P/S Ratio	N/A	3.69
P/B Ratio	N/A	5.54

Market Cap / Net Assets

INDV

$4.66B

Winner

SPY

$735B

Expense Ratio

INDV

N/A

SPY

0.09%

Max Drawdown

INDV

93.82%

Winner

SPY

56.47%

Sharpe Ratio

Winner

INDV

3.00

SPY

1.67

5Y Beta

Winner

INDV

0.73

SPY

1.00

Industry

INDV

Drug Manufacturers - Specialty & Generic

SPY

N/A

P/E Ratio

Winner

INDV

23.84

SPY

28.81

Forward P/E

Winner

INDV

12.06

SPY

22.07

5Y Dividends CAGR

INDV

N/A

SPY

5.43%

5Y EPS CAGR

INDV

N/A

SPY

25.84%

Debt to Equity

Winner

INDV

-337.50%

SPY

34.16%

Free Cash Flow Yield

INDV

-4.12%

SPY

N/A

P/S Ratio

INDV

N/A

SPY

3.69

P/B Ratio

INDV

N/A

SPY

5.54

INDV vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	INDV	SPY
1 month	+15.95%	+4.59%
3 months	+10.92%	+7.81%
6 months	+18.32%	+14.24%
1 year	+228.58%	+26.47%
5 years(CAGR)	+28.63%	+13.84%
10 years(CAGR)	+12.72%	+15.57%
Max(CAGR)	+12.10%	+8.50%

Winner

INDV

+15.95%

SPY

+4.59%

Winner

INDV

+10.92%

SPY

+7.81%

Winner

INDV

+18.32%

SPY

+14.24%

Winner

INDV

+228.58%

SPY

+26.47%

5Y(CAGR)

Winner

INDV

+28.63%

SPY

+13.84%

10Y(CAGR)

INDV

+12.72%

Winner

SPY

+15.57%

Max(CAGR)

Winner

INDV

+12.10%

SPY

+8.50%

INDV vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	INDV	SPY
2026	+5.21%	+8.80%
2025	+187.04%	+18.00%
2024	-19.65%	+25.59%
2023	-29.79%	+26.72%
2022	+31.42%	-18.64%
2021	+145.55%	+30.52%
2020	+177.99%	+17.28%
2019	-63.74%	+31.09%
2018	-75.45%	-5.24%
2017	+54.91%	+20.78%
2016	+38.02%	+13.59%
2015	+21.30%	+1.31%
2014	+5.63%	+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%

INDV vs SPY Drawdown Comparison

The maximum drawdown for INDV was -93.82%, occurring on Apr 11, 2019. Recovery took 1798 trading sessions.

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

The current INDV drawdown is -7.44%. The current SPY drawdown is -0.92%.

Rank	INDV	SPY
#1	-93.82% Jun 5, 2018 - Dec 2, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-52.32% Jul 24, 2015 - Aug 17, 2016	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-35.15% Aug 28, 2017 - Dec 20, 2017	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-24.78% Nov 3, 2016 - Feb 13, 2017	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-21.37% Dec 8, 2025 - Apr 30, 2026	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-17.98% Sep 6, 2016 - Nov 3, 2016	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-16.30% Feb 13, 2017 - Jul 27, 2017	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-13.22% Jan 25, 2018 - Apr 18, 2018	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-11.68% Feb 12, 2015 - Mar 4, 2015	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-10.94% May 11, 2015 - Jul 16, 2015	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-10.64% Mar 4, 2015 - Mar 19, 2015	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-10.02% May 6, 2026 - May 18, 2026	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-10.00% Mar 20, 2015 - Apr 10, 2015	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-7.81% Apr 14, 2015 - May 5, 2015	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-5.66% Feb 3, 2015 - Feb 12, 2015	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between INDV and SPY is 0.32 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.32

-101

Dividend Comparison (1999 - 2026)

INDV vs SPY dividend yield comparison.

Year	INDV	SPY
2026	0.00%	0.24%
2025	0.00%	1.07%
2024	0.00%	1.21%
2023	0.00%	1.40%
2022	0.00%	1.65%
2021	0.00%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	2.68%	2.03%
2015	1.18%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	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%