NI vs SPY
Comparison between NiSource Inc (NI, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceNI has outperformed SPY, delivering a return of +16.2% compared to +13.3%
NI vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
NI
$23B
Winner
SPY
$652B
Expense Ratio
NI
N/A
SPY
0.09%
Max Drawdown
NI
75.57%
Winner
SPY
56.47%
Sharpe Ratio
NI
0.83
Winner
SPY
2.07
5Y Beta
Winner
NI
0.33
SPY
1.00
Industry
NI
Utilities - Regulated Gas
SPY
N/A
P/E Ratio
Winner
NI
23.60
SPY
28.24
Forward P/E
NI
23.31
Winner
SPY
21.85
PEG Ratio
NI
2.35
SPY
N/A
Dividend Yield
NI
1.83%
SPY
N/A
5Y Dividends CAGR
Winner
NI
10.86%
SPY
5.43%
5Y EPS CAGR
Winner
NI
31.83%
SPY
25.79%
Debt to Equity
Winner
NI
13.37%
SPY
22.35%
Free Cash Flow Yield
NI
-3.66%
SPY
N/A
P/S Ratio
Winner
NI
3.43
SPY
3.55
P/B Ratio
Winner
NI
2.44
SPY
5.29
NI vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
NI
-2.27%
Winner
SPY
+9.11%
3M
NI
+5.76%
Winner
SPY
+6.59%
6M
NI
+8.68%
Winner
SPY
+10.56%
1Y
NI
+21.08%
Winner
SPY
+32.04%
5Y(CAGR)
Winner
NI
+16.18%
SPY
+13.35%
10Y(CAGR)
NI
+10.52%
Winner
SPY
+15.49%
Max(CAGR)
Winner
NI
+11.30%
SPY
+8.50%
NI vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | NI | SPY |
|---|---|---|
| 2026 | +12.27% | +8.27% |
| 2025 | +18.08% | +18.00% |
| 2024 | +41.04% | +25.59% |
| 2023 | +0.38% | +26.72% |
| 2022 | +2.96% | -18.64% |
| 2021 | +26.74% | +30.52% |
| 2020 | -12.79% | +17.28% |
| 2019 | +14.29% | +31.09% |
| 2018 | +3.17% | -5.24% |
| 2017 | +19.01% | +20.78% |
| 2016 | +16.64% | +13.59% |
| 2015 | +24.11% | +1.31% |
| 2014 | +34.99% | +14.56% |
| 2013 | +34.52% | +29.00% |
| 2012 | +9.70% | +14.17% |
| 2011 | +39.75% | +0.85% |
| 2010 | +20.25% | +13.14% |
| 2009 | +49.16% | +22.67% |
| 2008 | -38.53% | -36.25% |
| 2007 | -18.81% | +5.32% |
| 2006 | +17.85% | +13.85% |
| 2005 | -2.99% | +5.32% |
| 2004 | +9.85% | +10.75% |
| 2003 | +12.97% | +24.18% |
| 2002 | -9.69% | -22.42% |
| 2001 | -20.03% | -10.13% |
| 2000 | +84.02% | -8.84% |
| 1999 | -14.08% | +8.61% |
NI vs SPY Drawdown Comparison
The maximum drawdown for NI was -65.72%, occurring on Mar 5, 2009. Recovery took 1002 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current NI drawdown is -3.23%.
| Rank | NI | SPY |
|---|---|---|
| #1 | -65.72% May 18, 2007 - May 10, 2011 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -50.72% Apr 10, 2001 - Nov 29, 2006 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -38.71% Jan 24, 2000 - Aug 9, 2000 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -30.95% Feb 14, 2020 - Jan 28, 2022 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -24.82% Apr 6, 2022 - Jul 12, 2024 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -21.37% Nov 4, 1999 - Jan 24, 2000 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -18.91% Jul 5, 2016 - May 31, 2017 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -17.68% Nov 14, 2017 - Aug 14, 2018 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -16.80% Dec 26, 2000 - Apr 2, 2001 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -14.17% Sep 26, 2019 - Feb 13, 2020 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -13.43% Sep 13, 2018 - Mar 11, 2019 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -13.09% Jul 21, 2011 - Aug 29, 2011 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -12.12% Jun 18, 2015 - Sep 30, 2015 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -12.09% Sep 13, 2000 - Dec 1, 2000 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -11.33% Apr 29, 2013 - Jul 25, 2013 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between NI 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)
NI vs SPY dividend yield comparison.
| Year | NI | SPY |
|---|---|---|
| 2026 | 1.28% | 0.24% |
| 2025 | 2.68% | 1.07% |
| 2024 | 2.88% | 1.21% |
| 2023 | 3.77% | 1.40% |
| 2022 | 3.43% | 1.65% |
| 2021 | 3.19% | 1.20% |
| 2020 | 3.66% | 1.52% |
| 2019 | 2.87% | 1.75% |
| 2018 | 3.08% | 2.04% |
| 2017 | 2.73% | 1.80% |
| 2016 | 2.89% | 2.03% |
| 2015 | 145.67% | 2.06% |
| 2014 | 2.40% | 1.87% |
| 2013 | 2.98% | 1.81% |
| 2012 | 2.81% | 2.18% |
| 2011 | 3.86% | 2.05% |
| 2010 | 5.22% | 1.80% |
| 2009 | 5.98% | 1.95% |
| 2008 | 8.39% | 3.02% |
| 2007 | 4.87% | 1.85% |
| 2006 | 3.82% | 1.73% |
| 2005 | 4.41% | 1.73% |
| 2004 | 4.04% | 1.82% |
| 2003 | 5.01% | 1.47% |
| 2002 | 5.80% | 1.70% |
| 2001 | 5.03% | 1.25% |
| 2000 | 3.51% | 1.15% |
| 1999 | 0.00% | 0.24% |
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