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INVA vs SPY

Comparison between Innoviva Inc (INVA, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed INVA, delivering a return of +13.3% compared to +11.6%

INVA vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap / Net Assets
INVA
$1.63B
Winner
SPY
$735B
Expense Ratio
INVA
N/A
SPY
0.09%
Max Drawdown
INVA
84.32%
Winner
SPY
56.47%
Sharpe Ratio
INVA
0.28
Winner
SPY
1.62
5Y Beta
Winner
INVA
0.21
SPY
1.00
Industry
INVA
Biotechnology
SPY
N/A
P/E Ratio
Winner
INVA
3.19
SPY
28.99
Forward P/E
Winner
INVA
11.40
SPY
22.37
PEG Ratio
INVA
0.33
SPY
N/A
5Y Dividends CAGR
INVA
N/A
SPY
5.43%
5Y EPS CAGR
INVA
16.74%
Winner
SPY
26.05%
Debt to Equity
Winner
INVA
19.24%
SPY
32.40%
Free Cash Flow Yield
INVA
11.14%
SPY
N/A
P/S Ratio
INVA
3.88
Winner
SPY
3.74
P/B Ratio
Winner
INVA
1.22
SPY
5.61

INVA vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
INVA
-0.57%
Winner
SPY
+1.90%
3M
INVA
+1.53%
Winner
SPY
+8.55%
6M
Winner
INVA
+8.58%
SPY
+8.18%
1Y
INVA
+6.38%
Winner
SPY
+25.79%
5Y(CAGR)
INVA
+11.64%
Winner
SPY
+13.32%
10Y(CAGR)
INVA
+7.01%
Winner
SPY
+15.19%
Max(CAGR)
INVA
+2.37%
Winner
SPY
+8.47%

INVA vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearINVASPY
2026+13.34%+8.26%
2025+14.89%+18.00%
2024+5.99%+25.59%
2023+20.87%+26.72%
2022-24.07%-18.64%
2021+38.22%+30.52%
2020-11.06%+17.28%
2019-18.15%+31.09%
2018+20.93%-5.24%
2017+27.38%+20.78%
2016+3.68%+13.59%
2015-20.54%+1.31%
2014-50.22%+14.56%
2013+58.87%+29.00%
2012+8.49%+14.17%
2011-13.91%+0.85%
2010+87.93%+13.14%
2009-7.50%+22.67%
2008-36.30%-36.25%
2007-37.82%+5.32%
2006+39.21%+13.85%
2005+26.87%+5.32%
2004-1.16%+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

INVA vs SPY Drawdown Comparison

The maximum drawdown for INVA was -84.32%, occurring on Nov 21, 2008. Recovery took 1504 trading sessions.

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

The current INVA drawdown is -29.48%. The current SPY drawdown is -2.90%.

RankINVASPY
#1-84.32%
May 22, 2007 - May 13, 2013
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-78.77%
Jul 11, 2013 - Sep 29, 2015
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-26.22%
Apr 5, 2006 - Oct 19, 2006
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-21.77%
Feb 8, 2007 - May 22, 2007
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-20.78%
May 14, 2013 - Jul 11, 2013
-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-16.58%
Oct 21, 2004 - Mar 8, 2005
-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-13.06%
Oct 25, 2005 - Jan 17, 2006
-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-12.25%
Mar 8, 2005 - Jul 25, 2005
-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-10.48%
Feb 9, 2006 - Apr 5, 2006
-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-8.88%
Oct 27, 2006 - Jan 12, 2007
-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-5.70%
Oct 7, 2004 - Oct 21, 2004
-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-5.63%
Aug 1, 2005 - Sep 15, 2005
-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-5.52%
Jan 16, 2007 - Feb 7, 2007
-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-4.40%
Sep 20, 2005 - Oct 14, 2005
-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-2.38%
Feb 2, 2006 - Feb 8, 2006
-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between INVA and SPY is 0.13 which considered as a very weak or no correlation - the stocks move independently of each other.

0.13
-101

Dividend Comparison (1999 - 2026)

INVA vs SPY dividend yield comparison.

YearINVASPY
20260.00%0.24%
20250.00%1.07%
20240.00%1.21%
20230.00%1.40%
20220.00%1.65%
20210.00%1.20%
20200.00%1.52%
20190.00%1.75%
20180.00%2.04%
20170.00%1.80%
20160.00%2.03%
20157.12%2.06%
201442.91%1.87%
20130.00%1.81%
20120.00%2.18%
20110.00%2.05%
20100.00%1.80%
20090.00%1.95%
20080.00%3.02%
20070.00%1.85%
20060.00%1.73%
20050.00%1.73%
20040.00%1.82%
20030.00%1.47%
20020.00%1.70%
20010.00%1.25%
20000.00%1.15%
19990.00%0.24%

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