OPEN vs SPY

Comparison between Opendoor Technologies Inc (OPEN, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed OPEN, delivering a return of +13.9% compared to -20.8%

OPEN vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OPEN(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$4.10B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	98.57%	56.47%
Sharpe Ratio	1.83	1.72
5Y Beta	2.02	1.00
Industry	Real Estate Services	N/A
P/E Ratio	-2.90	28.68
Forward P/E	40.32	22.00
PEG Ratio	-0.01	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	26.37%
Debt to Equity	20.23%	34.04%
Free Cash Flow Yield	26.09%	N/A
P/S Ratio	1.08	3.85
P/B Ratio	4.45	5.68

Market Cap / Net Assets

OPEN

$4.10B

Winner

SPY

$735B

Expense Ratio

OPEN

N/A

SPY

0.09%

Max Drawdown

OPEN

98.57%

Winner

SPY

56.47%

Sharpe Ratio

Winner

OPEN

1.83

SPY

1.72

5Y Beta

OPEN

2.02

Winner

SPY

1.00

Industry

OPEN

Real Estate Services

SPY

N/A

P/E Ratio

Winner

OPEN

-2.90

SPY

28.68

Forward P/E

OPEN

40.32

Winner

SPY

22.00

PEG Ratio

OPEN

-0.01

SPY

N/A

5Y Dividends CAGR

OPEN

N/A

SPY

5.43%

5Y EPS CAGR

OPEN

N/A

SPY

26.37%

Debt to Equity

Winner

OPEN

20.23%

SPY

34.04%

Free Cash Flow Yield

OPEN

26.09%

SPY

N/A

P/S Ratio

Winner

OPEN

1.08

SPY

3.85

P/B Ratio

Winner

OPEN

4.45

SPY

5.68

OPEN vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	OPEN	SPY
1 month	-16.15%	+5.49%
3 months	-8.60%	+8.03%
6 months	-32.30%	+13.34%
1 year	+585.88%	+28.89%
5 years(CAGR)	-20.77%	+13.90%
10 years(CAGR)	N/A	+15.59%
Max(CAGR)	-13.04%	+8.51%

OPEN

-16.15%

Winner

SPY

+5.49%

OPEN

-8.60%

Winner

SPY

+8.03%

OPEN

-32.30%

Winner

SPY

+13.34%

Winner

OPEN

+585.88%

SPY

+28.89%

5Y(CAGR)

OPEN

-20.77%

Winner

SPY

+13.90%

10Y(CAGR)

OPEN

N/A

SPY

+15.59%

Max(CAGR)

OPEN

-13.04%

Winner

SPY

+8.51%

OPEN vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	OPEN	SPY
2026	-24.71%	+9.02%
2025	+278.89%	+18.00%
2024	-62.62%	+25.59%
2023	+307.28%	+26.72%
2022	-92.30%	-18.64%
2021	-39.15%	+30.52%
2020	+110.39%	+17.28%
2019	N/A	+31.09%
2018	N/A	-5.24%
2017	N/A	+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%

OPEN vs SPY Drawdown Comparison

The maximum drawdown for OPEN was -98.57%, occurring on Jun 25, 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 OPEN drawdown is -86.84%. The current SPY drawdown is -0.73%.

Rank	OPEN	SPY
#1	-98.57% Feb 11, 2021 - Jun 25, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-41.28% Oct 14, 2020 - Dec 9, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-27.26% Dec 21, 2020 - Feb 10, 2021	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-16.86% Sep 15, 2020 - Sep 29, 2020	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-13.90% Sep 30, 2020 - Oct 9, 2020	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-12.92% Dec 14, 2020 - Dec 18, 2020	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-11.95% Jul 22, 2020 - Sep 10, 2020	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-5.18% Dec 9, 2020 - Dec 14, 2020	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-3.10% Jun 23, 2020 - Jun 29, 2020	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-2.98% Jun 30, 2020 - Jul 10, 2020	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-2.97% Jul 10, 2020 - Jul 16, 2020	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-0.58% Jul 16, 2020 - Jul 22, 2020	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	N/A	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	N/A	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	N/A	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between OPEN and SPY is -0.44 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.44

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