MRP vs SPY

Comparison between Millrose Properties Inc Class A (MRP, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

MRP vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MRP(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$4.59B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	25.07%	56.47%
Sharpe Ratio	0.23	1.67
5Y Beta	0.73	1.00
Industry	Reit - Residential	N/A
P/E Ratio	12.07	28.81
Forward P/E	N/A	22.07
Dividend Yield	11.00%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	25.84%
Debt to Equity	0.00%	34.16%
Free Cash Flow Yield	96.89%	N/A
P/S Ratio	N/A	3.69
P/B Ratio	N/A	5.54

Market Cap / Net Assets

MRP

$4.59B

Winner

SPY

$735B

Expense Ratio

MRP

N/A

SPY

0.09%

Max Drawdown

Winner

MRP

25.07%

SPY

56.47%

Sharpe Ratio

MRP

0.23

Winner

SPY

1.67

5Y Beta

Winner

MRP

0.73

SPY

1.00

Industry

MRP

Reit - Residential

SPY

N/A

P/E Ratio

Winner

MRP

12.07

SPY

28.81

Forward P/E

MRP

N/A

SPY

22.07

Dividend Yield

MRP

11.00%

SPY

N/A

5Y Dividends CAGR

MRP

N/A

SPY

5.43%

5Y EPS CAGR

MRP

N/A

SPY

25.84%

Debt to Equity

Winner

MRP

0.00%

SPY

34.16%

Free Cash Flow Yield

MRP

96.89%

SPY

N/A

P/S Ratio

MRP

N/A

SPY

3.69

P/B Ratio

MRP

N/A

SPY

5.54

MRP vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	MRP	SPY
1 month	-10.77%	+4.59%
3 months	-8.47%	+7.81%
6 months	-0.32%	+14.24%
1 year	+6.75%	+26.47%
5 years(CAGR)	N/A	+13.84%
10 years(CAGR)	N/A	+15.57%
Max(CAGR)	+12.33%	+8.50%

MRP

-10.77%

Winner

SPY

+4.59%

MRP

-8.47%

Winner

SPY

+7.81%

MRP

-0.32%

Winner

SPY

+14.24%

MRP

+6.75%

Winner

SPY

+26.47%

5Y(CAGR)

MRP

N/A

SPY

+13.84%

10Y(CAGR)

MRP

N/A

SPY

+15.57%

Max(CAGR)

Winner

MRP

+12.33%

SPY

+8.50%

MRP vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MRP	SPY
2026	-2.29%	+8.80%
2025	+18.91%	+18.00%
2024	N/A	+25.59%
2023	N/A	+26.72%
2022	N/A	-18.64%
2021	N/A	+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%

MRP vs SPY Drawdown Comparison

The maximum drawdown for MRP was -20.64%, occurring on Mar 11, 2025. Recovery took 65 trading sessions.

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

The current MRP drawdown is -16.04%. The current SPY drawdown is -0.92%.

Rank	MRP	SPY
#1	-20.64% Feb 7, 2025 - May 13, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-19.41% Aug 28, 2025 - Mar 30, 2026	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-5.23% May 19, 2025 - Jun 27, 2025	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-4.25% Jul 23, 2025 - Aug 6, 2025	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-2.40% Jul 2, 2025 - Jul 9, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-2.04% Aug 13, 2025 - Aug 19, 2025	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-1.49% Aug 6, 2025 - Aug 12, 2025	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-0.73% Jun 27, 2025 - Jul 2, 2025	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-0.26% Jul 16, 2025 - Jul 21, 2025	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-0.17% Jul 14, 2025 - Jul 16, 2025	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-0.07% May 15, 2025 - May 19, 2025	-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 MRP and SPY is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (1999 - 2026)

MRP vs SPY dividend yield comparison.

Year	MRP	SPY
2026	5.46%	0.24%
2025	6.03%	1.07%
2024	0.00%	1.21%
2023	0.00%	1.40%
2022	0.00%	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	0.00%	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%