NIC vs SPY
Comparison between Nicolet Bankshares Inc (NIC, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceNIC has outperformed SPY, delivering a return of +14.1% compared to +13.9%
NIC vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
NIC
$3.03B
Winner
SPY
$735B
Expense Ratio
NIC
N/A
SPY
0.09%
Max Drawdown
Winner
NIC
44.31%
SPY
56.47%
Sharpe Ratio
NIC
0.58
Winner
SPY
1.96
5Y Beta
Winner
NIC
0.82
SPY
1.00
Industry
NIC
Banks - Regional
SPY
N/A
P/E Ratio
Winner
NIC
16.42
SPY
28.62
Forward P/E
Winner
NIC
14.84
SPY
22.09
PEG Ratio
NIC
8.62
SPY
N/A
Dividend Yield
NIC
0.90%
SPY
N/A
5Y Dividends CAGR
NIC
N/A
SPY
5.43%
5Y EPS CAGR
NIC
5.32%
Winner
SPY
26.35%
Debt to Equity
Winner
NIC
7.97%
SPY
33.33%
Free Cash Flow Yield
NIC
4.08%
SPY
N/A
P/S Ratio
NIC
7.06
Winner
SPY
3.68
P/B Ratio
Winner
NIC
1.31
SPY
5.52
NIC vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
NIC
-2.89%
Winner
SPY
+4.95%
3M
NIC
-8.65%
Winner
SPY
+9.19%
6M
Winner
NIC
+13.71%
SPY
+11.06%
1Y
NIC
+16.02%
Winner
SPY
+28.43%
5Y(CAGR)
Winner
NIC
+14.12%
SPY
+13.92%
10Y(CAGR)
NIC
+14.85%
Winner
SPY
+15.50%
Max(CAGR)
Winner
NIC
+16.04%
SPY
+8.55%
NIC vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | NIC | SPY |
|---|---|---|
| 2026 | +19.80% | +10.17% |
| 2025 | +18.95% | +18.00% |
| 2024 | +31.36% | +25.59% |
| 2023 | +3.14% | +26.72% |
| 2022 | -8.73% | -18.64% |
| 2021 | +27.09% | +30.52% |
| 2020 | -9.75% | +17.28% |
| 2019 | +48.62% | +31.09% |
| 2018 | -8.79% | -5.24% |
| 2017 | +13.85% | +20.78% |
| 2016 | +50.02% | +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% |
NIC vs SPY Drawdown Comparison
The maximum drawdown for NIC was -44.31%, occurring on May 4, 2023. Recovery took 578 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current NIC drawdown is -10.55%.
| Rank | NIC | SPY |
|---|---|---|
| #1 | -44.31% Mar 14, 2022 - Jul 17, 2024 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -37.05% Dec 20, 2019 - Feb 23, 2021 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -24.22% Oct 5, 2017 - Apr 26, 2019 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -22.15% May 2, 2016 - Dec 20, 2016 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -20.28% Mar 26, 2021 - Dec 23, 2021 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -17.88% Jul 17, 2025 - Jan 21, 2026 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -16.85% Jul 26, 2024 - Oct 16, 2024 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -15.85% Mar 3, 2025 - May 2, 2025 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -14.82% Feb 20, 2026 - May 15, 2026 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -12.22% Nov 6, 2024 - Feb 4, 2025 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -9.14% Mar 31, 2016 - Apr 27, 2016 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -7.54% Feb 23, 2017 - May 1, 2017 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -7.41% May 27, 2025 - Jun 27, 2025 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -6.54% Jul 3, 2017 - Sep 1, 2017 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -6.40% May 4, 2017 - Jun 9, 2017 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between NIC and SPY is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
0.95
-101
Dividend Comparison (1999 - 2026)
NIC vs SPY dividend yield comparison.
| Year | NIC | SPY |
|---|---|---|
| 2026 | 0.22% | 0.24% |
| 2025 | 1.02% | 1.07% |
| 2024 | 1.04% | 1.21% |
| 2023 | 0.93% | 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% |
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