KKRS vs SPY

Comparison between KKR Group Finance Co. IX LLC (KKRS, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed KKRS, delivering a return of +13.3% compared to -2.3%

KKRS vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KKRS(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$15B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	40.25%	56.47%
Sharpe Ratio	-0.15	2.07
5Y Beta	0.24	1.00
P/E Ratio	6.26	28.24
Forward P/E	N/A	21.85
Dividend Yield	6.58%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	-16.92%	25.79%
Debt to Equity	0.00%	22.35%
Free Cash Flow Yield	3.22%	N/A
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Market Cap / Net Assets

KKRS

$15B

Winner

SPY

$652B

Expense Ratio

KKRS

N/A

SPY

0.09%

Max Drawdown

Winner

KKRS

40.25%

SPY

56.47%

Sharpe Ratio

KKRS

-0.15

Winner

SPY

2.07

5Y Beta

Winner

KKRS

0.24

SPY

1.00

P/E Ratio

Winner

KKRS

6.26

SPY

28.24

Forward P/E

KKRS

N/A

SPY

21.85

Dividend Yield

KKRS

6.58%

SPY

N/A

5Y Dividends CAGR

KKRS

N/A

SPY

5.43%

5Y EPS CAGR

KKRS

-16.92%

Winner

SPY

25.79%

Debt to Equity

Winner

KKRS

0.00%

SPY

22.35%

Free Cash Flow Yield

KKRS

3.22%

SPY

N/A

P/S Ratio

KKRS

N/A

SPY

3.55

P/B Ratio

KKRS

N/A

SPY

5.29

KKRS vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	KKRS	SPY
1 month	+4.38%	+9.11%
3 months	-1.96%	+6.59%
6 months	-2.92%	+10.56%
1 year	+2.32%	+32.04%
5 years(CAGR)	-2.33%	+13.35%
10 years(CAGR)	N/A	+15.49%
Max(CAGR)	-2.48%	+8.50%

KKRS

+4.38%

Winner

SPY

+9.11%

KKRS

-1.96%

Winner

SPY

+6.59%

KKRS

-2.92%

Winner

SPY

+10.56%

KKRS

+2.32%

Winner

SPY

+32.04%

5Y(CAGR)

KKRS

-2.33%

Winner

SPY

+13.35%

10Y(CAGR)

KKRS

N/A

SPY

+15.49%

Max(CAGR)

KKRS

-2.48%

Winner

SPY

+8.50%

KKRS vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	KKRS	SPY
2026	-2.90%	+8.27%
2025	+0.37%	+18.00%
2024	+1.31%	+25.59%
2023	+18.20%	+26.72%
2022	-31.43%	-18.64%
2021	+4.58%	+30.52%
2020	N/A	+17.28%
2019	N/A	+31.09%
2018	N/A	-5.24%
2017	N/A	+20.78%
2016	N/A	+13.59%
2015	N/A	+1.31%
2014	N/A	+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%

KKRS vs SPY Drawdown Comparison

The maximum drawdown for KKRS was -33.11%, occurring on Nov 4, 2022. 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 KKRS drawdown is -16.79%.

Rank	KKRS	SPY
#1	-33.11% Sep 16, 2021 - Nov 4, 2022	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-1.93% Apr 21, 2021 - Jun 2, 2021	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-1.68% Jun 15, 2021 - Jul 19, 2021	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-1.60% Aug 5, 2021 - Sep 2, 2021	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-1.10% Jul 19, 2021 - Aug 5, 2021	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-0.27% Sep 9, 2021 - Sep 15, 2021	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-0.26% Sep 3, 2021 - Sep 9, 2021	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-0.23% Jun 3, 2021 - Jun 9, 2021	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	N/A	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	N/A	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	N/A	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	N/A	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	N/A	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	N/A	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	N/A	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between KKRS and SPY is 0.23 which considered as a very weak or no correlation - the stocks move independently of each other.

0.23

-101

Dividend Comparison (1999 - 2026)

KKRS vs SPY dividend yield comparison.

Year	KKRS	SPY
2026	1.71%	0.24%
2025	6.64%	1.07%
2024	6.32%	1.21%
2023	6.11%	1.40%
2022	6.92%	1.65%
2021	3.33%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	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%