MDT vs SPY

Comparison between Medtronic Plc (MDT, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed MDT, delivering a return of +13.3% compared to -6.9%

MDT vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MDT(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$100B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	60.03%	56.47%
Sharpe Ratio	-0.37	2.07
5Y Beta	0.38	1.00
Industry	Medical Devices	N/A
P/E Ratio	21.57	28.24
Forward P/E	12.76	21.85
PEG Ratio	2.48	N/A
Dividend Yield	3.63%	N/A
5Y Dividends CAGR	8.82%	5.43%
5Y EPS CAGR	10.84%	25.79%
Debt to Equity	0.39%	22.35%
Free Cash Flow Yield	5.43%	N/A
P/S Ratio	2.81	3.55
P/B Ratio	2.04	5.29

Market Cap / Net Assets

MDT

$100B

Winner

SPY

$652B

Expense Ratio

MDT

N/A

SPY

0.09%

Max Drawdown

MDT

60.03%

Winner

SPY

56.47%

Sharpe Ratio

MDT

-0.37

Winner

SPY

2.07

5Y Beta

Winner

MDT

0.38

SPY

1.00

Industry

MDT

Medical Devices

SPY

N/A

P/E Ratio

Winner

MDT

21.57

SPY

28.24

Forward P/E

Winner

MDT

12.76

SPY

21.85

PEG Ratio

MDT

2.48

SPY

N/A

Dividend Yield

MDT

3.63%

SPY

N/A

5Y Dividends CAGR

Winner

MDT

8.82%

SPY

5.43%

5Y EPS CAGR

MDT

10.84%

Winner

SPY

25.79%

Debt to Equity

Winner

MDT

0.39%

SPY

22.35%

Free Cash Flow Yield

MDT

5.43%

SPY

N/A

P/S Ratio

Winner

MDT

2.81

SPY

3.55

P/B Ratio

Winner

MDT

2.04

SPY

5.29

MDT vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	MDT	SPY
1 month	-14.10%	+9.11%
3 months	-24.48%	+6.59%
6 months	-16.12%	+10.56%
1 year	-6.05%	+32.04%
5 years(CAGR)	-6.88%	+13.35%
10 years(CAGR)	+2.10%	+15.49%
Max(CAGR)	+4.83%	+8.50%

MDT

-14.10%

Winner

SPY

+9.11%

MDT

-24.48%

Winner

SPY

+6.59%

MDT

-16.12%

Winner

SPY

+10.56%

MDT

-6.05%

Winner

SPY

+32.04%

5Y(CAGR)

MDT

-6.88%

Winner

SPY

+13.35%

10Y(CAGR)

MDT

+2.10%

Winner

SPY

+15.49%

Max(CAGR)

MDT

+4.83%

Winner

SPY

+8.50%

MDT vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MDT	SPY
2026	-20.07%	+8.27%
2025	+23.52%	+18.00%
2024	-0.29%	+25.59%
2023	+8.85%	+26.72%
2022	-24.48%	-18.64%
2021	-8.94%	+30.52%
2020	+4.64%	+17.28%
2019	+31.74%	+31.09%
2018	+13.14%	-5.24%
2017	+16.90%	+20.78%
2016	-4.01%	+13.59%
2015	+9.10%	+1.31%
2014	+28.47%	+14.56%
2013	+39.94%	+29.00%
2012	+9.39%	+14.17%
2011	+4.90%	+0.85%
2010	-13.65%	+13.14%
2009	+37.33%	+22.67%
2008	-35.50%	-36.25%
2007	-3.72%	+5.32%
2006	-6.75%	+13.85%
2005	+17.29%	+5.32%
2004	+3.08%	+10.75%
2003	+4.75%	+24.18%
2002	-8.28%	-22.42%
2001	-13.54%	-10.13%
2000	+76.97%	-8.84%
1999	+2.27%	+8.61%

MDT vs SPY Drawdown Comparison

The maximum drawdown for MDT was -57.64%, occurring on Mar 9, 2009. Recovery took 1846 trading sessions.

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

The current MDT drawdown is -34.70%.

Rank	MDT	SPY
#1	-57.64% Jan 19, 2006 - May 21, 2013	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-45.10% Sep 8, 2021 - Oct 27, 2023	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-44.21% Dec 27, 2000 - Jan 18, 2006	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-39.88% Feb 6, 2020 - Jan 6, 2021	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-19.72% Jul 12, 2016 - Jun 12, 2017	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-18.53% Apr 10, 2000 - Dec 14, 2000	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-17.61% Aug 17, 2015 - Dec 16, 2015	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-16.67% Oct 1, 2018 - Jun 19, 2019	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-15.97% Dec 3, 1999 - Jan 7, 2000	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-12.95% Jul 5, 2017 - Jun 1, 2018	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-11.90% Jan 8, 2014 - Mar 31, 2014	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-10.84% Feb 8, 2000 - Mar 3, 2000	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-10.53% Mar 27, 2000 - Apr 10, 2000	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-8.76% Mar 3, 2000 - Mar 16, 2000	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-7.82% Aug 8, 2013 - Oct 17, 2013	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between MDT and SPY is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (1999 - 2026)

MDT vs SPY dividend yield comparison.

Year	MDT	SPY
2026	0.93%	0.24%
2025	2.95%	1.07%
2024	3.49%	1.21%
2023	3.34%	1.40%
2022	3.44%	1.65%
2021	2.39%	1.20%
2020	1.95%	1.52%
2019	1.87%	1.75%
2018	2.15%	2.04%
2017	2.24%	1.80%
2016	2.34%	2.03%
2015	1.88%	2.06%
2014	1.66%	1.87%
2013	1.92%	1.81%
2012	3.08%	2.18%
2011	2.44%	2.05%
2010	2.32%	1.80%
2009	1.36%	1.95%
2008	2.59%	3.02%
2007	0.93%	1.85%
2006	0.77%	1.73%
2005	0.63%	1.73%
2004	0.48%	1.82%
2003	0.58%	1.47%
2002	0.66%	1.70%
2001	0.42%	1.25%
2000	0.30%	1.15%
1999	0.00%	0.24%