OKTA vs SPY
Comparison between Okta Inc - Class A (OKTA, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed OKTA, delivering a return of +13.3% compared to -18.8%
OKTA vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
OKTA
$14B
Winner
SPY
$652B
Expense Ratio
OKTA
N/A
SPY
0.09%
Max Drawdown
OKTA
84.57%
Winner
SPY
56.47%
Sharpe Ratio
OKTA
-0.63
Winner
SPY
2.07
5Y Beta
OKTA
1.13
Winner
SPY
1.00
Industry
OKTA
Software - Infrastructure
SPY
N/A
P/E Ratio
OKTA
57.81
Winner
SPY
28.24
Forward P/E
Winner
OKTA
20.37
SPY
21.85
PEG Ratio
OKTA
0.84
SPY
N/A
5Y Dividends CAGR
OKTA
N/A
SPY
5.43%
5Y EPS CAGR
OKTA
N/A
SPY
25.79%
Debt to Equity
Winner
OKTA
5.00%
SPY
22.35%
Free Cash Flow Yield
OKTA
6.42%
SPY
N/A
P/S Ratio
OKTA
4.69
Winner
SPY
3.55
P/B Ratio
Winner
OKTA
1.97
SPY
5.29
OKTA vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
OKTA
+10.34%
SPY
+9.11%
3M
OKTA
-4.85%
Winner
SPY
+6.59%
6M
OKTA
-1.54%
Winner
SPY
+10.56%
1Y
OKTA
-30.52%
Winner
SPY
+32.04%
5Y(CAGR)
OKTA
-18.77%
Winner
SPY
+13.35%
10Y(CAGR)
OKTA
+15.03%
Winner
SPY
+15.49%
Max(CAGR)
Winner
OKTA
+15.03%
SPY
+8.50%
OKTA vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | OKTA | SPY |
|---|---|---|
| 2026 | +0.31% | +8.27% |
| 2025 | +9.69% | +18.00% |
| 2024 | -9.43% | +25.59% |
| 2023 | +30.17% | +26.72% |
| 2022 | -69.31% | -18.64% |
| 2021 | -10.57% | +30.52% |
| 2020 | +116.74% | +17.28% |
| 2019 | +82.37% | +31.09% |
| 2018 | +141.12% | -5.24% |
| 2017 | +8.93% | +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% |
OKTA vs SPY Drawdown Comparison
The maximum drawdown for OKTA was -84.57%, occurring on Nov 4, 2022. 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 OKTA drawdown is -71.25%.
| Rank | OKTA | SPY |
|---|---|---|
| #1 | -84.57% Feb 12, 2021 - Nov 4, 2022 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -35.53% Sep 12, 2018 - Jan 17, 2019 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -31.63% Jul 26, 2019 - Apr 15, 2020 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -19.63% Jun 19, 2017 - Sep 8, 2017 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -19.34% Nov 24, 2017 - Feb 13, 2018 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -17.45% Oct 13, 2020 - Dec 8, 2020 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -16.24% Sep 2, 2020 - Oct 6, 2020 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -16.06% Dec 22, 2020 - Feb 10, 2021 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -15.78% Jun 4, 2018 - Jul 25, 2018 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -14.09% Jul 26, 2018 - Aug 23, 2018 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -12.96% Apr 27, 2017 - Jun 8, 2017 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -12.65% Jun 1, 2020 - Jul 1, 2020 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -12.30% Jun 8, 2017 - Jun 19, 2017 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -12.28% Sep 8, 2017 - Nov 24, 2017 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -12.25% Aug 5, 2020 - Aug 26, 2020 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between OKTA and SPY is 0.04 which considered as a very weak or no correlation - the stocks move independently of each other.
0.04
-101
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