RDNW vs SPY

Comparison between RideNow Group Inc - Class B (RDNW, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed RDNW, delivering a return of +14.1% compared to -26.8%

RDNW vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RDNW(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$317M	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	99.29%	56.47%
Sharpe Ratio	2.14	2.00
5Y Beta	1.99	1.00
Industry	Auto & Truck Dealerships	N/A
P/E Ratio	-6.22	28.99
Forward P/E	N/A	22.43
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	151.19%	26.05%
Debt to Equity	-1304.32%	32.40%
Free Cash Flow Yield	-3.31%	N/A
P/S Ratio	0.28	3.74
P/B Ratio	2.52	5.61

Market Cap / Net Assets

RDNW

$317M

Winner

SPY

$735B

Expense Ratio

RDNW

N/A

SPY

0.09%

Max Drawdown

RDNW

99.29%

Winner

SPY

56.47%

Sharpe Ratio

Winner

RDNW

2.14

SPY

2.00

5Y Beta

RDNW

1.99

Winner

SPY

1.00

Industry

RDNW

Auto & Truck Dealerships

SPY

N/A

P/E Ratio

Winner

RDNW

-6.22

SPY

28.99

Forward P/E

RDNW

N/A

SPY

22.43

5Y Dividends CAGR

RDNW

N/A

SPY

5.43%

5Y EPS CAGR

Winner

RDNW

151.19%

SPY

26.05%

Debt to Equity

Winner

RDNW

-1304.32%

SPY

32.40%

Free Cash Flow Yield

RDNW

-3.31%

SPY

N/A

P/S Ratio

Winner

RDNW

0.28

SPY

3.74

P/B Ratio

Winner

RDNW

2.52

SPY

5.61

RDNW vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	RDNW	SPY
1 month	+14.09%	+5.40%
3 months	+21.83%	+10.97%
6 months	+63.89%	+12.09%
1 year	+447.02%	+29.62%
5 years(CAGR)	-26.85%	+14.12%
10 years(CAGR)	-20.35%	+15.55%
Max(CAGR)	-20.35%	+8.59%

Winner

RDNW

+14.09%

SPY

+5.40%

Winner

RDNW

+21.83%

SPY

+10.97%

Winner

RDNW

+63.89%

SPY

+12.09%

Winner

RDNW

+447.02%

SPY

+29.62%

5Y(CAGR)

RDNW

-26.85%

Winner

SPY

+14.12%

10Y(CAGR)

RDNW

-20.35%

Winner

SPY

+15.55%

Max(CAGR)

RDNW

-20.35%

Winner

SPY

+8.59%

RDNW vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	RDNW	SPY
2026	+38.82%	+11.49%
2025	+4.55%	+18.00%
2024	-29.75%	+25.59%
2023	+12.12%	+26.72%
2022	-84.39%	-18.64%
2021	+36.40%	+30.52%
2020	+71.59%	+17.28%
2019	-85.46%	+31.09%
2018	+2.67%	-5.24%
2017	+48.43%	+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%

RDNW vs SPY Drawdown Comparison

The maximum drawdown for RDNW was -99.29%, occurring on Jun 2, 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 RDNW drawdown is -96.14%.

Rank	RDNW	SPY
#1	-99.29% Sep 14, 2018 - Jun 2, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-62.41% Oct 2, 2017 - Sep 11, 2018	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-32.00% Mar 16, 2017 - May 16, 2017	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-20.00% Feb 2, 2017 - Mar 16, 2017	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-7.14% Jun 1, 2017 - Aug 24, 2017	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-5.26% Sep 21, 2017 - Oct 2, 2017	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	N/A	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	N/A	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	N/A	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	N/A	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	N/A	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	N/A	-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 RDNW and SPY is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69

-101