ON vs SPY
Comparison between ON Semiconductor Corp (ON, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceON has outperformed SPY, delivering a return of +26.0% compared to +13.2%
ON vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
ON
$48B
Winner
SPY
$784B
Expense Ratio
ON
N/A
SPY
0.09%
Max Drawdown
ON
96.22%
Winner
SPY
56.47%
Sharpe Ratio
Winner
ON
1.62
SPY
1.54
5Y Beta
ON
2.13
Winner
SPY
1.00
Industry
ON
Semiconductors
SPY
N/A
P/E Ratio
ON
85.87
Winner
SPY
27.62
Forward P/E
ON
42.37
Winner
SPY
21.11
PEG Ratio
ON
0.40
SPY
N/A
5Y Dividends CAGR
ON
N/A
SPY
6.00%
5Y EPS CAGR
ON
11.62%
Winner
SPY
25.30%
Debt to Equity
ON
40.85%
Winner
SPY
31.11%
Free Cash Flow Yield
ON
2.48%
SPY
N/A
P/S Ratio
ON
8.38
Winner
SPY
3.49
P/B Ratio
ON
6.48
Winner
SPY
5.30
ON vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
ON
+0.74%
SPY
-1.37%
3M
Winner
ON
+95.46%
SPY
+12.22%
6M
Winner
ON
+110.20%
SPY
+7.20%
1Y
Winner
ON
+120.16%
SPY
+23.58%
5Y(CAGR)
Winner
ON
+25.98%
SPY
+13.19%
10Y(CAGR)
Winner
ON
+28.06%
SPY
+15.12%
Max(CAGR)
ON
+6.25%
Winner
SPY
+8.44%
ON vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ON | SPY |
|---|---|---|
| 2026 | +106.46% | +7.95% |
| 2025 | -12.25% | +18.00% |
| 2024 | -22.59% | +25.59% |
| 2023 | +35.58% | +26.72% |
| 2022 | -11.12% | -18.64% |
| 2021 | +107.90% | +30.52% |
| 2020 | +30.61% | +17.28% |
| 2019 | +45.29% | +31.09% |
| 2018 | -24.30% | -5.24% |
| 2017 | +65.01% | +20.78% |
| 2016 | +31.55% | +13.59% |
| 2015 | -3.92% | +1.31% |
| 2014 | +26.47% | +14.56% |
| 2013 | +11.80% | +29.00% |
| 2012 | -9.27% | +14.17% |
| 2011 | -21.78% | +0.85% |
| 2010 | +11.39% | +13.14% |
| 2009 | +130.29% | +22.67% |
| 2008 | -60.37% | -36.25% |
| 2007 | +18.40% | +5.32% |
| 2006 | +31.20% | +13.85% |
| 2005 | +24.55% | +5.32% |
| 2004 | -28.50% | +10.75% |
| 2003 | +350.00% | +24.18% |
| 2002 | -39.11% | -22.42% |
| 2001 | -57.54% | -10.13% |
| 2000 | -78.13% | -8.84% |
| 1999 | N/A | +8.61% |
ON vs SPY Drawdown Comparison
The maximum drawdown for ON was -96.22%, occurring on Oct 4, 2002. Recovery took 4428 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current ON drawdown is -12.60%. The current SPY drawdown is -3.18%.
| Rank | ON | SPY |
|---|---|---|
| #1 | -96.22% Jun 12, 2000 - Jan 18, 2018 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -70.44% Aug 1, 2023 - May 13, 2026 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -68.47% Mar 12, 2018 - Nov 9, 2020 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -33.98% Jan 4, 2022 - Aug 12, 2022 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -25.00% May 2, 2000 - Jun 12, 2000 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -24.69% Aug 25, 2022 - Feb 1, 2023 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -20.99% Apr 5, 2021 - Aug 3, 2021 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -19.45% Feb 14, 2023 - Jun 1, 2023 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -18.14% Jan 29, 2018 - Mar 6, 2018 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -17.74% Jun 3, 2026 - Jun 10, 2026 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -15.32% Sep 27, 2021 - Nov 1, 2021 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -14.86% Mar 1, 2021 - Apr 1, 2021 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -11.55% Jan 19, 2021 - Feb 8, 2021 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -10.43% May 14, 2026 - May 26, 2026 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -10.27% Aug 4, 2021 - Sep 3, 2021 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between ON and SPY is 0.89 which considered as a strong positive correlation - the stocks tend to move together.
0.89
-101
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