OR vs SPY

Comparison between Osisko Gold Royalties Ltd (OR, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceOR has outperformed SPY, delivering a return of +22.9% compared to +13.7%

OR vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OR(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$7.40B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	63.70%	56.47%
Sharpe Ratio	1.24	1.76
5Y Beta	0.52	1.00
Industry	Gold	N/A
P/E Ratio	40.37	28.46
Forward P/E	27.03	21.99
PEG Ratio	0.06	N/A
Dividend Yield	0.57%	N/A
5Y Dividends CAGR	11.61%	5.43%
5Y EPS CAGR	38.97%	25.20%
Debt to Equity	0.31%	33.33%
Free Cash Flow Yield	1.40%	N/A
P/S Ratio	22.08	3.65
P/B Ratio	4.89	5.50

Market Cap / Net Assets

$7.40B

Winner

SPY

$735B

Expense Ratio

N/A

SPY

0.09%

Max Drawdown

63.70%

Winner

SPY

56.47%

Sharpe Ratio

1.24

Winner

SPY

1.76

5Y Beta

Winner

0.52

SPY

1.00

Industry

Gold

SPY

N/A

P/E Ratio

40.37

Winner

SPY

28.46

Forward P/E

27.03

Winner

SPY

21.99

PEG Ratio

0.06

SPY

N/A

Dividend Yield

0.57%

SPY

N/A

5Y Dividends CAGR

Winner

11.61%

SPY

5.43%

5Y EPS CAGR

Winner

38.97%

SPY

25.20%

Debt to Equity

Winner

0.31%

SPY

33.33%

Free Cash Flow Yield

1.40%

SPY

N/A

P/S Ratio

22.08

Winner

SPY

3.65

P/B Ratio

Winner

4.89

SPY

5.50

OR vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	OR	SPY
1 month	-9.24%	+5.60%
3 months	-14.56%	+8.72%
6 months	+12.74%	+10.63%
1 year	+58.55%	+26.62%
5 years(CAGR)	+22.93%	+13.70%
10 years(CAGR)	+12.67%	+15.47%
Max(CAGR)	+14.71%	+8.50%

-9.24%

Winner

SPY

+5.60%

-14.56%

Winner

SPY

+8.72%

Winner

+12.74%

SPY

+10.63%

Winner

+58.55%

SPY

+26.62%

5Y(CAGR)

Winner

+22.93%

SPY

+13.70%

10Y(CAGR)

+12.67%

Winner

SPY

+15.47%

Max(CAGR)

Winner

+14.71%

SPY

+8.50%

OR vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	OR	SPY
2026	+3.59%	+8.50%
2025	+91.23%	+18.00%
2024	+29.95%	+25.59%
2023	+18.19%	+26.72%
2022	+2.76%	-18.64%
2021	-5.73%	+30.52%
2020	+32.40%	+17.28%
2019	+10.84%	+31.09%
2018	-22.58%	-5.24%
2017	+17.93%	+20.78%
2016	-2.30%	+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%

OR vs SPY Drawdown Comparison

The maximum drawdown for OR was -61.89%, occurring on Mar 13, 2020. Recovery took 924 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current OR drawdown is -23.59%. The current SPY drawdown is -1.20%.

Rank	OR	SPY
#1	-61.89% Sep 7, 2017 - May 11, 2021	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-38.15% Aug 1, 2016 - Sep 7, 2017	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-37.19% Jun 15, 2021 - Mar 17, 2023	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-34.29% May 3, 2023 - Jul 15, 2024	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-31.13% Mar 2, 2026 - Mar 20, 2026	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-24.49% Oct 7, 2025 - Jan 13, 2026	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-17.41% Jan 28, 2026 - Feb 26, 2026	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-14.86% Oct 22, 2024 - Mar 25, 2025	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-14.77% Apr 29, 2016 - Jun 9, 2016	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-14.72% Feb 8, 2016 - Apr 11, 2016	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-12.31% Jul 17, 2024 - Sep 20, 2024	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-12.18% Jan 7, 2016 - Feb 1, 2016	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-11.80% Jul 6, 2016 - Aug 1, 2016	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-8.90% Mar 31, 2025 - Apr 10, 2025	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-7.72% May 9, 2025 - May 20, 2025	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between OR and SPY is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (1999 - 2026)

OR vs SPY dividend yield comparison.

Year	OR	SPY
2026	0.15%	0.24%
2025	0.59%	1.07%
2024	1.02%	1.21%
2023	1.34%	1.40%
2022	1.38%	1.65%
2021	1.37%	1.20%
2020	1.18%	1.52%
2019	1.56%	1.75%
2018	1.72%	2.04%
2017	1.56%	1.80%
2016	1.65%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%