OTEX vs SPY
Comparison between Open Text Corp (OTEX, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed OTEX, delivering a return of +13.8% compared to -10.5%
OTEX vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
OTEX vs SPY - Historical Returns
Returns include dividend reinvestment.
OTEX vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | OTEX | SPY |
|---|---|---|
| 2026 | -27.33% | +7.70% |
| 2025 | +19.52% | +18.00% |
| 2024 | -28.08% | +25.59% |
| 2023 | +43.27% | +26.72% |
| 2022 | -35.70% | -18.64% |
| 2021 | +6.32% | +30.52% |
| 2020 | +4.07% | +17.28% |
| 2019 | +38.20% | +31.09% |
| 2018 | -4.81% | -5.24% |
| 2017 | +17.80% | +20.78% |
| 2016 | +31.72% | +13.59% |
| 2015 | -16.17% | +1.31% |
| 2014 | +28.63% | +14.56% |
| 2013 | +61.93% | +29.00% |
| 2012 | +6.94% | +14.17% |
| 2011 | +8.83% | +0.85% |
| 2010 | +13.50% | +13.14% |
| 2009 | +32.24% | +22.67% |
| 2008 | -0.59% | -36.25% |
| 2007 | +56.86% | +5.32% |
| 2006 | +31.22% | +13.85% |
| 2005 | -29.34% | +5.32% |
| 2004 | +4.97% | +10.75% |
| 2003 | +57.71% | +24.18% |
| 2002 | -24.18% | -22.42% |
| 2001 | +38.71% | -10.13% |
| 2000 | +13.84% | -8.84% |
| 1999 | +47.66% | +8.61% |
OTEX vs SPY Drawdown Comparison
The maximum drawdown for OTEX was -70.46%, occurring on Jul 26, 2002. Recovery took 989 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current OTEX drawdown is -52.47%. The current SPY drawdown is -1.93%.
| Rank | OTEX | SPY |
|---|---|---|
| #1 | -70.46% Mar 1, 2000 - Feb 9, 2004 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -64.31% Mar 5, 2004 - Nov 2, 2007 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -57.18% Sep 2, 2021 - Apr 9, 2026 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -40.62% May 6, 2008 - Jul 23, 2009 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -39.23% Feb 13, 2015 - Jun 3, 2016 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -38.62% Feb 14, 2020 - Jan 20, 2021 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -35.23% Jul 22, 2011 - May 17, 2013 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -27.15% Apr 23, 2010 - Feb 1, 2011 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -20.51% Aug 30, 2018 - May 2, 2019 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -19.94% Nov 5, 2007 - Apr 30, 2008 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -14.82% Jul 26, 2019 - Nov 26, 2019 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -13.80% Aug 13, 2009 - Oct 14, 2009 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -13.27% Dec 6, 1999 - Jan 27, 2000 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -13.06% Feb 24, 2000 - Feb 29, 2000 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -12.14% Sep 16, 2014 - Nov 10, 2014 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between OTEX and SPY is 0.79 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (1999 - 2026)
OTEX vs SPY dividend yield comparison.
| Year | OTEX | SPY |
|---|---|---|
| 2026 | 1.21% | 0.24% |
| 2025 | 3.30% | 1.07% |
| 2024 | 3.62% | 1.21% |
| 2023 | 2.35% | 1.40% |
| 2022 | 3.13% | 1.65% |
| 2021 | 1.78% | 1.20% |
| 2020 | 1.59% | 1.52% |
| 2019 | 1.53% | 1.75% |
| 2018 | 1.80% | 2.04% |
| 2017 | 1.43% | 1.80% |
| 2016 | 1.44% | 2.03% |
| 2015 | 1.61% | 2.06% |
| 2014 | 1.15% | 1.87% |
| 2013 | 0.98% | 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% |
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