LNW vs SPY
Comparison between Light & Wonder Inc (LNW, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed LNW, delivering a return of +13.7% compared to +8.1%
LNW vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
LNW
$7.33B
Winner
SPY
$735B
Expense Ratio
LNW
N/A
SPY
0.09%
Max Drawdown
LNW
93.41%
Winner
SPY
56.47%
Sharpe Ratio
LNW
-0.34
Winner
SPY
1.76
5Y Beta
LNW
N/A
SPY
1.00
Industry
LNW
Gambling
SPY
N/A
P/E Ratio
Winner
LNW
18.85
SPY
28.46
Forward P/E
LNW
N/A
SPY
21.99
PEG Ratio
LNW
0.45
SPY
N/A
5Y Dividends CAGR
LNW
N/A
SPY
5.43%
5Y EPS CAGR
LNW
N/A
SPY
25.20%
Debt to Equity
LNW
683.54%
Winner
SPY
33.33%
Free Cash Flow Yield
LNW
5.31%
SPY
N/A
P/S Ratio
Winner
LNW
2.28
SPY
3.65
P/B Ratio
LNW
10.14
Winner
SPY
5.50
LNW vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
LNW
+0.00%
Winner
SPY
+5.60%
3M
LNW
+0.00%
Winner
SPY
+8.72%
6M
LNW
+0.00%
Winner
SPY
+10.63%
1Y
LNW
+3.16%
Winner
SPY
+26.62%
5Y(CAGR)
LNW
+8.09%
Winner
SPY
+13.70%
10Y(CAGR)
Winner
LNW
+26.35%
SPY
+15.47%
Max(CAGR)
Winner
LNW
+14.27%
SPY
+8.50%
LNW vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | LNW | SPY |
|---|---|---|
| 2026 | +0.00% | +8.50% |
| 2025 | +1.01% | +18.00% |
| 2024 | +6.46% | +25.59% |
| 2023 | +41.28% | +26.72% |
| 2022 | -12.58% | -18.64% |
| 2021 | +69.32% | +30.52% |
| 2020 | +54.24% | +17.28% |
| 2019 | +45.46% | +31.09% |
| 2018 | -64.28% | -5.24% |
| 2017 | +266.43% | +20.78% |
| 2016 | +58.01% | +13.59% |
| 2015 | -28.13% | +1.31% |
| 2014 | -24.94% | +14.56% |
| 2013 | +83.23% | +29.00% |
| 2012 | -13.21% | +14.17% |
| 2011 | -3.98% | +0.85% |
| 2010 | -32.84% | +13.14% |
| 2009 | -22.89% | +22.67% |
| 2008 | -46.61% | -36.25% |
| 2007 | +7.99% | +5.32% |
| 2006 | +10.13% | +13.85% |
| 2005 | +16.38% | +5.32% |
| 2004 | +40.82% | +10.75% |
| 2003 | +137.68% | +24.18% |
| 2002 | -15.38% | -22.42% |
| 2001 | +194.61% | -10.13% |
| 2000 | -14.24% | -8.84% |
| 1999 | +30.00% | +8.61% |
LNW vs SPY Drawdown Comparison
The maximum drawdown for LNW was -93.41%, occurring on Mar 18, 2020. Recovery took 755 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current LNW drawdown is -23.48%. The current SPY drawdown is -1.20%.
| Rank | LNW | SPY |
|---|---|---|
| #1 | -93.41% May 21, 2018 - May 20, 2021 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -88.10% May 10, 2006 - Sep 18, 2017 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -63.47% Feb 14, 2000 - Jun 29, 2001 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -53.82% Oct 27, 2021 - Feb 15, 2024 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -51.74% Mar 7, 2002 - Sep 5, 2003 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -49.41% Jul 5, 2001 - Nov 27, 2001 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -36.63% Sep 18, 2024 - Oct 30, 2025 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -27.97% Jan 19, 2018 - May 14, 2018 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -25.80% Dec 7, 1999 - Jan 18, 2000 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -25.47% Apr 7, 2004 - Nov 2, 2004 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -24.09% Jan 18, 2000 - Feb 9, 2000 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -22.95% Jun 23, 2021 - Sep 15, 2021 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -19.41% Feb 18, 2005 - Jun 16, 2005 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -18.67% Mar 21, 2024 - Jul 12, 2024 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -15.95% Sep 12, 2005 - Jan 26, 2006 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between LNW and SPY is 0.88 which considered as a strong positive correlation - the stocks tend to move together.
0.88
-101
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