PI vs SPY
Comparison between Impinj Inc (PI, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformancePI has outperformed SPY, delivering a return of +23.5% compared to +13.9%
PI vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
PI
$4.18B
Winner
SPY
$735B
Expense Ratio
PI
N/A
SPY
0.09%
Max Drawdown
PI
81.35%
Winner
SPY
56.47%
Sharpe Ratio
PI
0.49
Winner
SPY
1.72
5Y Beta
PI
2.05
Winner
SPY
1.00
Industry
PI
Semiconductors
SPY
N/A
P/E Ratio
Winner
PI
-153.22
SPY
28.68
Forward P/E
PI
67.11
Winner
SPY
22.00
PEG Ratio
PI
-0.04
SPY
N/A
5Y Dividends CAGR
PI
N/A
SPY
5.43%
5Y EPS CAGR
PI
-18.29%
Winner
SPY
26.37%
Debt to Equity
PI
118.42%
Winner
SPY
34.04%
Free Cash Flow Yield
PI
1.46%
SPY
N/A
P/S Ratio
PI
11.64
Winner
SPY
3.85
P/B Ratio
PI
20.49
Winner
SPY
5.68
PI vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PI
+18.55%
SPY
+5.49%
3M
Winner
PI
+9.65%
SPY
+8.03%
6M
PI
-8.66%
Winner
SPY
+13.34%
1Y
PI
+19.36%
Winner
SPY
+28.89%
5Y(CAGR)
Winner
PI
+23.49%
SPY
+13.90%
10Y(CAGR)
Winner
PI
+23.25%
SPY
+15.59%
Max(CAGR)
Winner
PI
+23.25%
SPY
+8.51%
PI vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | PI | SPY |
|---|---|---|
| 2026 | -21.97% | +9.02% |
| 2025 | +18.58% | +18.00% |
| 2024 | +68.91% | +25.59% |
| 2023 | -18.35% | +26.72% |
| 2022 | +22.88% | -18.64% |
| 2021 | +114.95% | +30.52% |
| 2020 | +58.00% | +17.28% |
| 2019 | +73.56% | +31.09% |
| 2018 | -38.24% | -5.24% |
| 2017 | -36.27% | +20.78% |
| 2016 | +96.66% | +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% |
PI vs SPY Drawdown Comparison
The maximum drawdown for PI was -81.35%, occurring on Feb 16, 2018. Recovery took 899 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current PI drawdown is -42.02%. The current SPY drawdown is -0.73%.
| Rank | PI | SPY |
|---|---|---|
| #1 | -81.35% Jun 26, 2017 - Jan 21, 2021 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -73.79% Oct 14, 2024 - Oct 23, 2025 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -65.18% Apr 19, 2023 - Apr 25, 2024 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -62.24% Oct 29, 2025 - Mar 12, 2026 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -55.40% Dec 27, 2021 - Aug 4, 2022 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -44.68% Feb 19, 2021 - Nov 1, 2021 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -34.74% Sep 30, 2016 - Dec 20, 2016 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -31.43% Dec 20, 2016 - May 5, 2017 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -24.15% Jul 22, 2024 - Sep 12, 2024 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -22.47% Aug 12, 2022 - Oct 27, 2022 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -17.26% Nov 30, 2022 - Jan 18, 2023 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -17.13% Nov 16, 2021 - Dec 10, 2021 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -16.13% May 15, 2024 - Jul 15, 2024 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -14.78% Aug 17, 2016 - Sep 1, 2016 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -14.20% Jan 25, 2021 - Feb 5, 2021 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between PI and SPY is 0.87 which considered as a strong positive correlation - the stocks tend to move together.
0.87
-101
Select Stocks to Compare
Popular: PI vs SPY
More Comparisons
Compare with similar stocks