NWFL vs SPY

Comparison between Norwood Financial Corp (NWFL, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed NWFL, delivering a return of +14.1% compared to +8.2%

NWFL vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NWFL(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$332M	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	46.42%	56.47%
Sharpe Ratio	0.78	2.00
5Y Beta	0.67	1.00
Industry	Banks - Regional	N/A
P/E Ratio	12.13	28.99
Forward P/E	10.31	22.43
PEG Ratio	0.53	N/A
Dividend Yield	4.17%	N/A
5Y Dividends CAGR	9.01%	5.43%
5Y EPS CAGR	11.30%	26.05%
Debt to Equity	0.00%	32.40%
Free Cash Flow Yield	8.02%	N/A
P/S Ratio	3.55	3.74
P/B Ratio	1.16	5.61

Market Cap / Net Assets

NWFL

$332M

Winner

SPY

$735B

Expense Ratio

NWFL

N/A

SPY

0.09%

Max Drawdown

Winner

NWFL

46.42%

SPY

56.47%

Sharpe Ratio

NWFL

0.78

Winner

SPY

2.00

5Y Beta

Winner

NWFL

0.67

SPY

1.00

Industry

NWFL

Banks - Regional

SPY

N/A

P/E Ratio

Winner

NWFL

12.13

SPY

28.99

Forward P/E

Winner

NWFL

10.31

SPY

22.43

PEG Ratio

NWFL

0.53

SPY

N/A

Dividend Yield

NWFL

4.17%

SPY

N/A

5Y Dividends CAGR

Winner

NWFL

9.01%

SPY

5.43%

5Y EPS CAGR

NWFL

11.30%

Winner

SPY

26.05%

Debt to Equity

Winner

NWFL

0.00%

SPY

32.40%

Free Cash Flow Yield

NWFL

8.02%

SPY

N/A

P/S Ratio

Winner

NWFL

3.55

SPY

3.74

P/B Ratio

Winner

NWFL

1.16

SPY

5.61

NWFL vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	NWFL	SPY
1 month	-1.07%	+5.40%
3 months	+4.25%	+10.97%
6 months	+9.42%	+12.09%
1 year	+23.43%	+29.62%
5 years(CAGR)	+8.19%	+14.12%
10 years(CAGR)	+9.15%	+15.55%
Max(CAGR)	+9.02%	+8.59%

NWFL

-1.07%

Winner

SPY

+5.40%

NWFL

+4.25%

Winner

SPY

+10.97%

NWFL

+9.42%

Winner

SPY

+12.09%

NWFL

+23.43%

Winner

SPY

+29.62%

5Y(CAGR)

NWFL

+8.19%

Winner

SPY

+14.12%

10Y(CAGR)

NWFL

+9.15%

Winner

SPY

+15.55%

Max(CAGR)

Winner

NWFL

+9.02%

SPY

+8.59%

NWFL vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NWFL	SPY
2026	+11.45%	+11.49%
2025	+11.07%	+18.00%
2024	-10.23%	+25.59%
2023	+3.16%	+26.72%
2022	+32.76%	-18.64%
2021	+5.35%	+30.52%
2020	-30.56%	+17.28%
2019	+21.47%	+31.09%
2018	+2.72%	-5.24%
2017	+60.65%	+20.78%
2016	+20.41%	+13.59%
2015	+2.55%	+1.31%
2014	+9.88%	+14.56%
2013	+2.50%	+29.00%
2012	+12.40%	+14.17%
2011	+4.24%	+0.85%
2010	+1.95%	+13.14%
2009	+7.91%	+22.67%
2008	-8.97%	-36.25%
2007	+2.15%	+5.32%
2006	+13.24%	+13.85%
2005	-6.84%	+5.32%
2004	+38.45%	+10.75%
2003	+34.46%	+24.18%
2002	+17.77%	-22.42%
2001	+52.66%	-10.13%
2000	-14.70%	-8.84%
1999	-4.60%	+8.61%

NWFL vs SPY Drawdown Comparison

The maximum drawdown for NWFL was -43.93%, occurring on Apr 23, 2020. Recovery took 999 trading sessions.

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

The current NWFL drawdown is -3.81%.

Rank	NWFL	SPY
#1	-43.93% Dec 27, 2019 - Dec 15, 2023	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-33.58% Dec 26, 2023 - Feb 2, 2026	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-29.56% Sep 25, 2018 - Dec 20, 2019	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-28.02% Nov 5, 1999 - Jul 19, 2001	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-27.60% Oct 31, 2008 - Jun 26, 2009	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-25.12% Aug 7, 2009 - Jul 11, 2012	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-19.62% Jan 14, 2005 - May 9, 2006	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-16.79% Dec 21, 2017 - Jun 15, 2018	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-16.18% Feb 14, 2007 - Oct 31, 2008	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-14.54% Jul 29, 2003 - Feb 6, 2004	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-14.43% Apr 12, 2004 - Apr 28, 2004	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-13.53% Feb 3, 2014 - Apr 24, 2015	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-13.41% Apr 30, 2004 - Oct 27, 2004	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-13.33% Jun 6, 2013 - Feb 3, 2014	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-12.87% Feb 17, 2026 - Mar 18, 2026	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between NWFL and SPY is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (1999 - 2026)

NWFL vs SPY dividend yield comparison.

Year	NWFL	SPY
2026	2.10%	0.24%
2025	4.42%	1.07%
2024	4.41%	1.21%
2023	3.52%	1.40%
2022	3.35%	1.65%
2021	4.00%	1.20%
2020	3.82%	1.52%
2019	2.47%	1.75%
2018	2.67%	2.04%
2017	2.61%	1.80%
2016	3.74%	2.03%
2015	4.28%	2.06%
2014	4.13%	1.87%
2013	15.71%	1.81%
2012	4.03%	2.18%
2011	4.22%	2.05%
2010	4.03%	1.80%
2009	3.78%	1.95%
2008	3.64%	3.02%
2007	2.94%	1.85%
2006	7.96%	1.73%
2005	2.23%	1.73%
2004	1.92%	1.82%
2003	2.45%	1.47%
2002	2.95%	1.70%
2001	3.07%	1.25%
2000	2.96%	1.15%
1999	0.00%	0.24%