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OABI vs SPY

Comparison between OmniAb Inc (OABI, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

OABI vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap / Net Assets
OABI
$345M
Winner
SPY
$784B
Expense Ratio
OABI
N/A
SPY
0.09%
Max Drawdown
OABI
81.32%
Winner
SPY
56.47%
Sharpe Ratio
OABI
0.93
Winner
SPY
1.56
5Y Beta
OABI
1.09
Winner
SPY
1.00
Industry
OABI
Biotechnology
SPY
N/A
P/E Ratio
Winner
OABI
-6.02
SPY
28.29
Forward P/E
OABI
N/A
SPY
21.75
5Y Dividends CAGR
OABI
N/A
SPY
5.43%
5Y EPS CAGR
OABI
N/A
SPY
25.98%
Debt to Equity
Winner
OABI
0.00%
SPY
30.79%
Free Cash Flow Yield
OABI
-7.55%
SPY
N/A
P/S Ratio
OABI
11.92
Winner
SPY
3.79
P/B Ratio
Winner
OABI
1.31
SPY
5.67

OABI vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
Winner
OABI
+22.70%
SPY
+0.48%
3M
Winner
OABI
+22.70%
SPY
+11.67%
6M
OABI
+5.58%
Winner
SPY
+9.42%
1Y
Winner
OABI
+32.75%
SPY
+24.27%
5Y(CAGR)
OABI
N/A
SPY
+13.36%
10Y(CAGR)
OABI
N/A
SPY
+15.42%
Max(CAGR)
OABI
-1.64%
Winner
SPY
+8.49%

OABI vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearOABISPY
2026+20.74%+8.88%
2025-47.14%+18.00%
2024-43.36%+25.59%
2023+77.81%+26.72%
2022+49.38%-18.64%
2021N/A+30.52%
2020N/A+17.28%
2019N/A+31.09%
2018N/A-5.24%
2017N/A+20.78%
2016N/A+13.59%
2015N/A+1.31%
2014N/A+14.56%
2013N/A+29.00%
2012N/A+14.17%
2011N/A+0.85%
2010N/A+13.14%
2009N/A+22.67%
2008N/A-36.25%
2007N/A+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

OABI vs SPY Drawdown Comparison

The maximum drawdown for OABI was -81.32%, occurring on May 29, 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 OABI drawdown is -66.07%. The current SPY drawdown is -2.35%.

RankOABISPY
#1-81.32%
Jan 8, 2024 - May 29, 2025		-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-28.67%
Aug 16, 2023 - Dec 26, 2023		-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-28.03%
Jan 26, 2023 - Jun 6, 2023		-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-19.14%
Dec 2, 2022 - Jan 23, 2023		-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-19.05%
Nov 3, 2022 - Nov 9, 2022		-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-18.87%
Nov 10, 2022 - Nov 30, 2022		-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-7.36%
Jun 30, 2023 - Jul 18, 2023		-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-6.11%
Jun 15, 2023 - Jun 29, 2023		-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-5.87%
Aug 9, 2023 - Aug 16, 2023		-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-5.37%
Nov 30, 2022 - Dec 2, 2022		-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-5.05%
Aug 1, 2023 - Aug 8, 2023		-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-1.85%
Jul 21, 2023 - Jul 31, 2023		-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-1.23%
Jun 13, 2023 - Jun 15, 2023		-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-1.23%
Jan 4, 2024 - Jan 8, 2024		-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-0.81%
Dec 27, 2023 - Jan 2, 2024		-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between OABI and SPY is -0.71 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.71
-101

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