LH vs SPY

Comparison between Laboratory Corp Of America Holdings (LH, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed LH, delivering a return of +13.3% compared to +2.2%

LH vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LH(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$21B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	63.10%	56.47%
Sharpe Ratio	0.15	2.07
5Y Beta	0.54	1.00
Industry	Diagnostics & Research	N/A
P/E Ratio	22.55	28.24
Forward P/E	14.39	21.85
PEG Ratio	0.74	N/A
Dividend Yield	1.12%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	-15.91%	25.79%
Debt to Equity	72.57%	22.35%
Free Cash Flow Yield	6.54%	N/A
P/S Ratio	1.49	3.55
P/B Ratio	2.41	5.29

Market Cap / Net Assets

$21B

Winner

SPY

$652B

Expense Ratio

N/A

SPY

0.09%

Max Drawdown

63.10%

Winner

SPY

56.47%

Sharpe Ratio

0.15

Winner

SPY

2.07

5Y Beta

Winner

0.54

SPY

1.00

Industry

Diagnostics & Research

SPY

N/A

P/E Ratio

Winner

22.55

SPY

28.24

Forward P/E

Winner

14.39

SPY

21.85

PEG Ratio

0.74

SPY

N/A

Dividend Yield

1.12%

SPY

N/A

5Y Dividends CAGR

N/A

SPY

5.43%

5Y EPS CAGR

-15.91%

Winner

SPY

25.79%

Debt to Equity

72.57%

Winner

SPY

22.35%

Free Cash Flow Yield

6.54%

SPY

N/A

P/S Ratio

Winner

1.49

SPY

3.55

P/B Ratio

Winner

2.41

SPY

5.29

LH vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	LH	SPY
1 month	-7.50%	+9.11%
3 months	-7.03%	+6.59%
6 months	+1.07%	+10.56%
1 year	+3.25%	+32.04%
5 years(CAGR)	+2.22%	+13.35%
10 years(CAGR)	+9.53%	+15.49%
Max(CAGR)	+15.08%	+8.50%

-7.50%

Winner

SPY

+9.11%

-7.03%

Winner

SPY

+6.59%

+1.07%

Winner

SPY

+10.56%

+3.25%

Winner

SPY

+32.04%

5Y(CAGR)

+2.22%

Winner

SPY

+13.35%

10Y(CAGR)

+9.53%

Winner

SPY

+15.49%

Max(CAGR)

Winner

+15.08%

SPY

+8.50%

LH vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	LH	SPY
2026	+1.23%	+8.27%
2025	+11.17%	+18.00%
2024	-0.10%	+25.59%
2023	+12.73%	+26.72%
2022	-20.33%	-18.64%
2021	+53.36%	+30.52%
2020	+21.54%	+17.28%
2019	+33.81%	+31.09%
2018	-22.14%	-5.24%
2017	+23.58%	+20.78%
2016	+4.47%	+13.59%
2015	+10.97%	+1.31%
2014	+19.58%	+14.56%
2013	+4.33%	+29.00%
2012	+0.25%	+14.17%
2011	-4.04%	+0.85%
2010	+15.12%	+13.14%
2009	+15.26%	+22.67%
2008	-14.13%	-36.25%
2007	+3.32%	+5.32%
2006	+36.87%	+13.85%
2005	+10.57%	+5.32%
2004	+33.37%	+10.75%
2003	+54.02%	+24.18%
2002	-41.04%	-22.42%
2001	+9.26%	-10.13%
2000	+385.51%	-8.84%
1999	+22.93%	+8.61%

LH vs SPY Drawdown Comparison

The maximum drawdown for LH was -63.10%, occurring on Oct 8, 2002. Recovery took 896 trading sessions.

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

The current LH drawdown is -12.20%.

Rank	LH	SPY
#1	-63.10% May 10, 2002 - Nov 29, 2005	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-46.58% Feb 14, 2020 - Jul 20, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-37.89% Dec 28, 2000 - Jul 27, 2001	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-36.21% Jun 15, 2018 - Feb 13, 2020	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-34.60% Dec 31, 2021 - Jun 10, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-34.26% Jul 6, 2007 - Nov 1, 2010	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-26.32% Jul 27, 2001 - Mar 14, 2002	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-24.64% May 31, 2011 - May 28, 2013	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-21.25% Mar 23, 2015 - Jun 1, 2016	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-18.29% Nov 14, 2013 - Sep 3, 2014	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-16.71% Feb 23, 2007 - Jul 5, 2007	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-15.41% Sep 13, 2000 - Oct 24, 2000	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-15.22% Oct 20, 2025 - Nov 6, 2025	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-15.10% May 16, 2000 - Jun 20, 2000	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-14.08% Mar 6, 2000 - Apr 10, 2000	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between LH and SPY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (1999 - 2026)

LH vs SPY dividend yield comparison.

Year	LH	SPY
2026	0.28%	0.24%
2025	1.15%	1.07%
2024	1.26%	1.21%
2023	1.18%	1.40%
2022	0.92%	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	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	0.16%	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%