RCC vs SPY

Comparison between Ready Capital Corporation 5.75% Senior Notes due 2026 (RCC, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed RCC, delivering a return of +13.9% compared to +5.0%

RCC vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RCC(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$4.05B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	17.83%	56.47%
Sharpe Ratio	0.48	1.72
5Y Beta	-0.02	1.00
P/E Ratio	-13.26	28.68
Forward P/E	N/A	22.00
PEG Ratio	-0.06	N/A
Dividend Yield	2.64%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	26.37%
Debt to Equity	78.20%	34.04%
Free Cash Flow Yield	11.65%	N/A
P/S Ratio	N/A	3.85
P/B Ratio	N/A	5.68

Market Cap / Net Assets

RCC

$4.05B

Winner

SPY

$735B

Expense Ratio

RCC

N/A

SPY

0.09%

Max Drawdown

Winner

RCC

17.83%

SPY

56.47%

Sharpe Ratio

RCC

0.48

Winner

SPY

1.72

5Y Beta

Winner

RCC

-0.02

SPY

1.00

P/E Ratio

Winner

RCC

-13.26

SPY

28.68

Forward P/E

RCC

N/A

SPY

22.00

PEG Ratio

RCC

-0.06

SPY

N/A

Dividend Yield

RCC

2.64%

SPY

N/A

5Y Dividends CAGR

RCC

N/A

SPY

5.43%

5Y EPS CAGR

RCC

N/A

SPY

26.37%

Debt to Equity

RCC

78.20%

Winner

SPY

34.04%

Free Cash Flow Yield

RCC

11.65%

SPY

N/A

P/S Ratio

RCC

N/A

SPY

3.85

P/B Ratio

RCC

N/A

SPY

5.68

RCC vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	RCC	SPY
1 month	+0.00%	+5.49%
3 months	+0.00%	+8.03%
6 months	+2.10%	+13.34%
1 year	+6.76%	+28.89%
5 years(CAGR)	+4.98%	+13.90%
10 years(CAGR)	N/A	+15.59%
Max(CAGR)	+5.23%	+8.51%

RCC

+0.00%

Winner

SPY

+5.49%

RCC

+0.00%

Winner

SPY

+8.03%

RCC

+2.10%

Winner

SPY

+13.34%

RCC

+6.76%

Winner

SPY

+28.89%

5Y(CAGR)

RCC

+4.98%

Winner

SPY

+13.90%

10Y(CAGR)

RCC

N/A

SPY

+15.59%

Max(CAGR)

RCC

+5.23%

Winner

SPY

+8.51%

RCC vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	RCC	SPY
2026	+1.21%	+9.02%
2025	+7.85%	+18.00%
2024	+6.60%	+25.59%
2023	+7.68%	+26.72%
2022	-5.54%	-18.64%
2021	+6.87%	+30.52%
2020	N/A	+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%

RCC vs SPY Drawdown Comparison

The maximum drawdown for RCC was -11.25%, occurring on Oct 31, 2022. Recovery took 438 trading sessions.

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

The current SPY drawdown is -0.73%.

Rank	RCC	SPY
#1	-11.25% Jan 13, 2022 - Oct 12, 2023	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-4.51% Feb 26, 2021 - Jun 14, 2021	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-3.42% Aug 31, 2021 - Jan 13, 2022	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-3.31% May 13, 2025 - Jul 14, 2025	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-3.12% Apr 3, 2024 - Aug 20, 2024	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-2.32% Dec 19, 2024 - Mar 24, 2025	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-1.72% Apr 24, 2025 - May 13, 2025	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-1.63% Jun 14, 2021 - Jun 30, 2021	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-1.54% Oct 31, 2024 - Dec 19, 2024	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-1.53% Jul 14, 2021 - Aug 31, 2021	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-1.44% Jun 30, 2021 - Jul 9, 2021	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-1.40% Dec 28, 2023 - Jan 3, 2024	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-1.32% Jan 16, 2024 - Mar 20, 2024	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-1.18% Sep 24, 2024 - Oct 15, 2024	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-1.10% Oct 29, 2024 - Oct 31, 2024	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between RCC and SPY is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (1999 - 2026)

RCC vs SPY dividend yield comparison.

Year	RCC	SPY
2026	1.44%	0.24%
2025	5.74%	1.07%
2024	5.89%	1.21%
2023	4.49%	1.40%
2022	6.23%	1.65%
2021	4.00%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	0.00%	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%