ONIT vs SPY
Comparison between Ocwen Financial Corp (ONIT, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed ONIT, delivering a return of +13.8% compared to +2.5%
ONIT vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ONIT vs SPY - Historical Returns
Returns include dividend reinvestment.
ONIT vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ONIT | SPY |
|---|---|---|
| 2026 | -16.36% | +10.80% |
| 2025 | +52.18% | +18.00% |
| 2024 | -2.57% | +25.59% |
| 2023 | -1.03% | +26.72% |
| 2022 | -24.06% | -18.64% |
| 2021 | +41.24% | +30.52% |
| 2020 | +43.83% | +17.28% |
| 2019 | +0.74% | +31.09% |
| 2018 | -56.91% | -5.24% |
| 2017 | -45.28% | +20.78% |
| 2016 | -22.45% | +13.59% |
| 2015 | -53.63% | +1.31% |
| 2014 | -73.22% | +14.56% |
| 2013 | +55.10% | +29.00% |
| 2012 | +138.72% | +14.17% |
| 2011 | +49.28% | +0.85% |
| 2010 | -3.25% | +13.14% |
| 2009 | +5.05% | +22.67% |
| 2008 | +80.71% | -36.25% |
| 2007 | -64.67% | +5.32% |
| 2006 | +83.35% | +13.85% |
| 2005 | -8.81% | +5.32% |
| 2004 | +7.66% | +10.75% |
| 2003 | +201.36% | +24.18% |
| 2002 | -66.31% | -22.42% |
| 2001 | +33.02% | -10.13% |
| 2000 | +10.87% | -8.84% |
| 1999 | -8.26% | +8.61% |
ONIT vs SPY Drawdown Comparison
The maximum drawdown for ONIT was -99.48%, occurring on Apr 3, 2020. 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 ONIT drawdown is -95.90%. The current SPY drawdown is -0.62%.
| Rank | ONIT | SPY |
|---|---|---|
| #1 | -99.48% Oct 25, 2013 - Apr 3, 2020 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -79.64% Jul 20, 2001 - Jan 16, 2004 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -77.93% Jan 12, 2007 - Mar 13, 2012 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -48.29% Jun 2, 2004 - Jun 8, 2006 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -44.44% Mar 27, 2000 - Mar 7, 2001 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -26.26% Jan 20, 2004 - May 11, 2004 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -26.09% Nov 4, 1999 - Mar 14, 2000 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -19.90% Mar 8, 2001 - May 16, 2001 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -16.61% Mar 5, 2013 - May 10, 2013 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -15.08% Oct 26, 2012 - Jan 14, 2013 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -13.96% Mar 13, 2012 - Jun 8, 2012 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -12.39% Feb 13, 2013 - Mar 5, 2013 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -11.13% Jun 13, 2013 - Jul 15, 2013 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -10.27% Aug 24, 2006 - Jan 11, 2007 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -9.50% May 16, 2001 - Jun 5, 2001 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between ONIT and SPY is -0.35 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.
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