NOA vs SPY
Comparison between North American Construction Group Ltd (NOA, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed NOA, delivering a return of +13.3% compared to +1.3%
NOA vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
NOA vs SPY - Historical Returns
Returns include dividend reinvestment.
NOA vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | NOA | SPY |
|---|---|---|
| 2026 | -5.27% | +8.26% |
| 2025 | -32.33% | +18.00% |
| 2024 | +4.90% | +25.59% |
| 2023 | +64.24% | +26.72% |
| 2022 | -9.71% | -18.64% |
| 2021 | +51.84% | +30.52% |
| 2020 | -16.41% | +17.28% |
| 2019 | +33.94% | +31.09% |
| 2018 | +78.01% | -5.24% |
| 2017 | +27.58% | +20.78% |
| 2016 | +128.28% | +13.59% |
| 2015 | -43.74% | +1.31% |
| 2014 | -44.29% | +14.56% |
| 2013 | +63.66% | +29.00% |
| 2012 | -48.56% | +14.17% |
| 2011 | -48.52% | +0.85% |
| 2010 | +60.89% | +13.14% |
| 2009 | +114.16% | +22.67% |
| 2008 | -76.68% | -36.25% |
| 2007 | -18.13% | +5.32% |
| 2006 | +1.12% | +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% |
NOA vs SPY Drawdown Comparison
The maximum drawdown for NOA was -93.59%, occurring on Feb 11, 2016. Recovery took 4053 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current NOA drawdown is -43.27%. The current SPY drawdown is -2.90%.
| Rank | NOA | SPY |
|---|---|---|
| #1 | -93.59% May 15, 2007 - Jun 21, 2023 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -50.67% Mar 13, 2024 - Mar 12, 2026 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -24.21% Aug 2, 2023 - Feb 27, 2024 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -14.55% Dec 8, 2006 - Feb 13, 2007 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -10.57% Mar 28, 2007 - Apr 17, 2007 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -8.23% Jun 21, 2023 - Jul 27, 2023 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -6.62% Apr 18, 2007 - May 8, 2007 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -2.92% Mar 1, 2024 - Mar 11, 2024 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -2.76% Nov 30, 2006 - Dec 4, 2006 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -2.43% Mar 1, 2007 - Mar 7, 2007 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -2.17% Jul 27, 2023 - Aug 1, 2023 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -1.42% Nov 24, 2006 - Nov 29, 2006 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -1.40% Feb 26, 2007 - Mar 1, 2007 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -1.39% Feb 15, 2007 - Feb 22, 2007 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -1.36% Mar 8, 2007 - Mar 19, 2007 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between NOA and SPY is 0.66 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (1999 - 2026)
NOA vs SPY dividend yield comparison.
| Year | NOA | SPY |
|---|---|---|
| 2026 | 1.27% | 0.24% |
| 2025 | 2.39% | 1.07% |
| 2024 | 1.42% | 1.21% |
| 2023 | 1.54% | 1.40% |
| 2022 | 1.84% | 1.65% |
| 2021 | 0.85% | 1.20% |
| 2020 | 1.21% | 1.52% |
| 2019 | 0.74% | 1.75% |
| 2018 | 0.73% | 2.04% |
| 2017 | 1.62% | 1.80% |
| 2016 | 2.08% | 2.03% |
| 2015 | 4.62% | 2.06% |
| 2014 | 2.55% | 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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