LEGN vs SPY

Comparison between Legend Biotech Corp (LEGN, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed LEGN, delivering a return of +13.8% compared to -5.8%

LEGN vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LEGN(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$5.30B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	78.24%	56.47%
Sharpe Ratio	0.13	1.67
5Y Beta	0.54	1.00
Industry	Biotechnology	N/A
P/E Ratio	-17.77	28.81
Forward P/E	178.57	22.07
PEG Ratio	-0.27	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	-8.64%	25.84%
Debt to Equity	41.28%	34.16%
Free Cash Flow Yield	-4.36%	N/A
P/S Ratio	4.67	3.69
P/B Ratio	5.19	5.54

Market Cap / Net Assets

LEGN

$5.30B

Winner

SPY

$735B

Expense Ratio

LEGN

N/A

SPY

0.09%

Max Drawdown

LEGN

78.24%

Winner

SPY

56.47%

Sharpe Ratio

LEGN

0.13

Winner

SPY

1.67

5Y Beta

Winner

LEGN

0.54

SPY

1.00

Industry

LEGN

Biotechnology

SPY

N/A

P/E Ratio

Winner

LEGN

-17.77

SPY

28.81

Forward P/E

LEGN

178.57

Winner

SPY

22.07

PEG Ratio

LEGN

-0.27

SPY

N/A

5Y Dividends CAGR

LEGN

N/A

SPY

5.43%

5Y EPS CAGR

LEGN

-8.64%

Winner

SPY

25.84%

Debt to Equity

LEGN

41.28%

Winner

SPY

34.16%

Free Cash Flow Yield

LEGN

-4.36%

SPY

N/A

P/S Ratio

LEGN

4.67

Winner

SPY

3.69

P/B Ratio

Winner

LEGN

5.19

SPY

5.54

LEGN vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	LEGN	SPY
1 month	+12.17%	+4.59%
3 months	+55.19%	+7.81%
6 months	+2.14%	+14.24%
1 year	-6.48%	+26.47%
5 years(CAGR)	-5.81%	+13.84%
10 years(CAGR)	N/A	+15.57%
Max(CAGR)	-4.50%	+8.50%

Winner

LEGN

+12.17%

SPY

+4.59%

Winner

LEGN

+55.19%

SPY

+7.81%

LEGN

+2.14%

Winner

SPY

+14.24%

LEGN

-6.48%

Winner

SPY

+26.47%

5Y(CAGR)

LEGN

-5.81%

Winner

SPY

+13.84%

10Y(CAGR)

LEGN

N/A

SPY

+15.57%

Max(CAGR)

LEGN

-4.50%

Winner

SPY

+8.50%

LEGN vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	LEGN	SPY
2026	+30.73%	+8.80%
2025	-37.40%	+18.00%
2024	-44.94%	+25.59%
2023	+23.55%	+26.72%
2022	+3.61%	-18.64%
2021	+66.52%	+30.52%
2020	-23.89%	+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%

LEGN vs SPY Drawdown Comparison

The maximum drawdown for LEGN was -78.24%, occurring on Feb 4, 2026. 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 LEGN drawdown is -63.24%. The current SPY drawdown is -0.92%.

Rank	LEGN	SPY
#1	-78.24% Jul 28, 2023 - Feb 4, 2026	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-45.56% Oct 11, 2021 - Jul 5, 2022	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-44.67% Jun 30, 2020 - Jul 19, 2021	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-32.84% Jul 5, 2022 - Jan 13, 2023	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-28.01% Jul 22, 2021 - Sep 30, 2021	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-24.32% Jan 13, 2023 - Apr 19, 2023	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-13.69% May 15, 2023 - Jun 21, 2023	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-8.85% Jun 22, 2023 - Jul 20, 2023	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-5.82% Apr 21, 2023 - May 10, 2023	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-4.73% Jun 10, 2020 - Jun 15, 2020	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-3.92% Jul 20, 2023 - Jul 28, 2023	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-3.54% Jun 22, 2020 - Jun 30, 2020	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-2.57% Jun 16, 2020 - Jun 18, 2020	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-2.43% Jun 5, 2020 - Jun 9, 2020	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-1.67% Oct 7, 2021 - Oct 11, 2021	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between LEGN 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