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IRIX vs SPY

Comparison between IRIDEX Corp (IRIX, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed IRIX, delivering a return of +13.4% compared to -32.1%

IRIX vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap / Net Assets
IRIX
$20M
Winner
SPY
$784B
Expense Ratio
IRIX
N/A
SPY
0.09%
Max Drawdown
IRIX
96.76%
Winner
SPY
56.47%
Sharpe Ratio
IRIX
0.57
Winner
SPY
1.56
5Y Beta
IRIX
1.03
Winner
SPY
1.00
Industry
IRIX
Medical Devices
SPY
N/A
P/E Ratio
Winner
IRIX
-5.88
SPY
28.29
Forward P/E
IRIX
769.23
Winner
SPY
21.75
PEG Ratio
IRIX
0.94
SPY
N/A
5Y Dividends CAGR
IRIX
N/A
SPY
5.43%
5Y EPS CAGR
IRIX
-16.26%
Winner
SPY
25.98%
Debt to Equity
Winner
IRIX
0.00%
SPY
30.79%
Free Cash Flow Yield
IRIX
-12.89%
SPY
N/A
P/S Ratio
Winner
IRIX
0.37
SPY
3.79
P/B Ratio
IRIX
331.20
Winner
SPY
5.67

IRIX vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
Winner
IRIX
+7.69%
SPY
+0.48%
3M
IRIX
-15.79%
Winner
SPY
+11.67%
6M
Winner
IRIX
+21.63%
SPY
+9.42%
1Y
IRIX
+19.14%
Winner
SPY
+24.27%
5Y(CAGR)
IRIX
-32.05%
Winner
SPY
+13.36%
10Y(CAGR)
IRIX
-22.20%
Winner
SPY
+15.42%
Max(CAGR)
IRIX
-6.84%
Winner
SPY
+8.49%

IRIX vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearIRIXSPY
2026-4.27%+8.88%
2025-37.70%+18.00%
2024-41.46%+25.59%
2023+36.40%+26.72%
2022-68.69%-18.64%
2021+180.28%+30.52%
2020+12.05%+17.28%
2019-53.25%+31.09%
2018-40.95%-5.24%
2017-44.98%+20.78%
2016+59.77%+13.59%
2015+7.90%+1.31%
2014-13.65%+14.56%
2013+167.63%+29.00%
2012+4.56%+14.17%
2011-3.11%+0.85%
2010+27.27%+13.14%
2009+241.11%+22.67%
2008-65.86%-36.25%
2007-72.78%+5.32%
2006+11.15%+13.85%
2005+80.28%+5.32%
2004-21.48%+10.75%
2003+84.75%+24.18%
2002-36.43%-22.42%
2001-8.95%-10.13%
2000-43.48%-8.84%
1999+16.95%+8.61%

IRIX vs SPY Drawdown Comparison

The maximum drawdown for IRIX was -96.76%, occurring on Feb 5, 2009. This drawdown has not yet recovered.

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

The current IRIX drawdown is -93.41%. The current SPY drawdown is -2.35%.

RankIRIXSPY
#1-96.76%
Mar 6, 2000 - Feb 5, 2009
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-20.93%
Jan 27, 2000 - Mar 2, 2000
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-15.79%
Dec 2, 1999 - Jan 19, 2000
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-11.29%
Nov 2, 1999 - Nov 11, 1999
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-4.19%
Jan 20, 2000 - Jan 27, 2000
-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-4.05%
Nov 17, 1999 - Nov 22, 1999
-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-4.00%
Nov 22, 1999 - Dec 2, 1999
-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-3.82%
Nov 12, 1999 - Nov 17, 1999
-10.10%
Jan 26, 2018 - Aug 6, 2018
#9N/A-9.44%
Sep 2, 2020 - Nov 11, 2020
#10N/A-9.30%
Jan 19, 2000 - Mar 17, 2000
#11N/A-9.05%
Jul 19, 2007 - Oct 5, 2007
#12N/A-8.88%
Jan 27, 2026 - Apr 14, 2026
#13N/A-8.41%
Jul 16, 2024 - Sep 19, 2024
#14N/A-7.35%
Sep 14, 2012 - Jan 2, 2013
#15N/A-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between IRIX and SPY is -0.33 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.33
-101

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