NVST vs SPY

Comparison between Envista Holdings Corp (NVST, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed NVST, delivering a return of +14.0% compared to -11.8%

NVST vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVST(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$3.87B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	71.00%	56.47%
Sharpe Ratio	0.97	1.91
5Y Beta	1.27	1.00
Industry	Medical Instruments & Supplies	N/A
P/E Ratio	57.55	28.68
Forward P/E	20.33	22.19
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	-11.48%	26.37%
Debt to Equity	46.73%	34.04%
Free Cash Flow Yield	5.69%	N/A
P/S Ratio	1.38	3.76
P/B Ratio	1.26	5.55

Market Cap / Net Assets

NVST

$3.87B

Winner

SPY

$735B

Expense Ratio

NVST

N/A

SPY

0.09%

Max Drawdown

NVST

71.00%

Winner

SPY

56.47%

Sharpe Ratio

NVST

0.97

Winner

SPY

1.91

5Y Beta

NVST

1.27

Winner

SPY

1.00

Industry

NVST

Medical Instruments & Supplies

SPY

N/A

P/E Ratio

NVST

57.55

Winner

SPY

28.68

Forward P/E

Winner

NVST

20.33

SPY

22.19

5Y Dividends CAGR

NVST

N/A

SPY

5.43%

5Y EPS CAGR

NVST

-11.48%

Winner

SPY

26.37%

Debt to Equity

NVST

46.73%

Winner

SPY

34.04%

Free Cash Flow Yield

NVST

5.69%

SPY

N/A

P/S Ratio

Winner

NVST

1.38

SPY

3.76

P/B Ratio

Winner

NVST

1.26

SPY

5.55

NVST vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	NVST	SPY
1 month	-13.67%	+4.84%
3 months	-19.15%	+9.57%
6 months	+17.80%	+13.79%
1 year	+38.89%	+29.34%
5 years(CAGR)	-11.84%	+13.98%
10 years(CAGR)	N/A	+15.66%
Max(CAGR)	-2.61%	+8.53%

NVST

-13.67%

Winner

SPY

+4.84%

NVST

-19.15%

Winner

SPY

+9.57%

Winner

NVST

+17.80%

SPY

+13.79%

Winner

NVST

+38.89%

SPY

+29.34%

5Y(CAGR)

NVST

-11.84%

Winner

SPY

+13.98%

10Y(CAGR)

NVST

N/A

SPY

+15.66%

Max(CAGR)

NVST

-2.61%

Winner

SPY

+8.53%

NVST vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NVST	SPY
2026	+8.02%	+9.45%
2025	+13.61%	+18.00%
2024	-19.96%	+25.59%
2023	-29.15%	+26.72%
2022	-25.41%	-18.64%
2021	+36.75%	+30.52%
2020	+11.80%	+17.28%
2019	+6.05%	+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%

NVST vs SPY Drawdown Comparison

The maximum drawdown for NVST was -71.00%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

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

The current NVST drawdown is -53.97%. The current SPY drawdown is -0.34%.

Rank	NVST	SPY
#1	-71.00% Mar 21, 2022 - Apr 8, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-64.13% Jan 22, 2020 - Dec 31, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-17.04% May 7, 2021 - Dec 23, 2021	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-11.54% Feb 16, 2022 - Mar 18, 2022	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-11.42% Dec 27, 2021 - Feb 10, 2022	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-11.15% Oct 29, 2019 - Jan 6, 2020	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-7.58% Sep 20, 2019 - Oct 10, 2019	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-6.67% Feb 12, 2021 - Mar 12, 2021	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-5.00% Mar 15, 2021 - Apr 5, 2021	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-4.39% Apr 7, 2021 - Apr 21, 2021	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-3.92% Oct 10, 2019 - Oct 15, 2019	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-3.59% Jan 13, 2020 - Jan 22, 2020	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-3.52% Jan 20, 2021 - Feb 3, 2021	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-3.33% Oct 23, 2019 - Oct 29, 2019	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-3.06% Oct 17, 2019 - Oct 23, 2019	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between NVST and SPY is -0.40 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.40

-101