RY vs SPY
Comparison between Royal Bank Of Canada (RY, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceRY has outperformed SPY, delivering a return of +17.2% compared to +13.3%
RY vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
RY
$187B
Winner
SPY
$652B
Expense Ratio
RY
N/A
SPY
0.09%
Max Drawdown
RY
65.15%
Winner
SPY
56.47%
Sharpe Ratio
Winner
RY
2.77
SPY
2.07
5Y Beta
Winner
RY
0.59
SPY
1.00
Industry
RY
Banks - Diversified
SPY
N/A
P/E Ratio
Winner
RY
15.28
SPY
28.24
Forward P/E
Winner
RY
15.20
SPY
21.85
PEG Ratio
RY
0.47
SPY
N/A
Dividend Yield
RY
3.42%
SPY
N/A
5Y Dividends CAGR
Winner
RY
11.32%
SPY
5.43%
5Y EPS CAGR
RY
13.79%
Winner
SPY
25.79%
Debt to Equity
RY
259.24%
Winner
SPY
22.35%
Free Cash Flow Yield
RY
23.37%
SPY
N/A
P/S Ratio
RY
3.98
Winner
SPY
3.55
P/B Ratio
Winner
RY
2.62
SPY
5.29
RY vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
RY
+7.94%
Winner
SPY
+9.11%
3M
RY
+5.03%
Winner
SPY
+6.59%
6M
Winner
RY
+26.66%
SPY
+10.56%
1Y
Winner
RY
+56.22%
SPY
+32.04%
5Y(CAGR)
Winner
RY
+17.19%
SPY
+13.35%
10Y(CAGR)
Winner
RY
+16.43%
SPY
+15.49%
Max(CAGR)
Winner
RY
+15.04%
SPY
+8.50%
RY vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | RY | SPY |
|---|---|---|
| 2026 | +7.88% | +8.27% |
| 2025 | +47.28% | +18.00% |
| 2024 | +24.61% | +25.59% |
| 2023 | +13.15% | +26.72% |
| 2022 | -8.78% | -18.64% |
| 2021 | +34.40% | +30.52% |
| 2020 | +7.75% | +17.28% |
| 2019 | +19.49% | +31.09% |
| 2018 | -13.58% | -5.24% |
| 2017 | +24.17% | +20.78% |
| 2016 | +35.38% | +13.59% |
| 2015 | -18.00% | +1.31% |
| 2014 | +7.08% | +14.56% |
| 2013 | +13.91% | +29.00% |
| 2012 | +20.74% | +14.17% |
| 2011 | -0.51% | +0.85% |
| 2010 | +0.11% | +13.14% |
| 2009 | +86.00% | +22.67% |
| 2008 | -38.81% | -36.25% |
| 2007 | +11.17% | +5.32% |
| 2006 | +23.63% | +13.85% |
| 2005 | +49.85% | +5.32% |
| 2004 | +12.57% | +10.75% |
| 2003 | +29.87% | +24.18% |
| 2002 | +15.07% | -22.42% |
| 2001 | +2.06% | -10.13% |
| 2000 | +61.05% | -8.84% |
| 1999 | +2.15% | +8.61% |
RY vs SPY Drawdown Comparison
The maximum drawdown for RY was -62.87%, occurring on Feb 23, 2009. Recovery took 492 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
| Rank | RY | SPY |
|---|---|---|
| #1 | -62.87% Oct 31, 2007 - Oct 14, 2009 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -39.95% Feb 21, 2020 - Nov 20, 2020 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -36.77% Sep 18, 2014 - Dec 9, 2016 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -32.78% Apr 29, 2011 - Dec 5, 2012 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -28.34% Jan 18, 2022 - May 30, 2024 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -24.66% Apr 29, 2010 - Mar 3, 2011 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -21.78% Jun 4, 2002 - Dec 10, 2002 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -20.57% Jan 22, 2018 - Sep 20, 2019 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -19.35% Jan 11, 2001 - Aug 9, 2001 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -18.67% Aug 9, 2001 - Apr 10, 2002 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -17.46% Nov 15, 1999 - Mar 24, 2000 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -15.05% Sep 19, 2000 - Nov 2, 2000 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -14.64% Dec 5, 2024 - May 16, 2025 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -14.63% Nov 20, 2003 - Oct 14, 2004 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -13.03% May 24, 2007 - Sep 28, 2007 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between RY and SPY is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
Dividend Comparison (1999 - 2026)
RY vs SPY dividend yield comparison.
| Year | RY | SPY |
|---|---|---|
| 2026 | 1.32% | 0.24% |
| 2025 | 2.54% | 1.07% |
| 2024 | 3.39% | 1.21% |
| 2023 | 4.29% | 1.40% |
| 2022 | 4.07% | 1.65% |
| 2021 | 3.24% | 1.20% |
| 2020 | 3.88% | 1.52% |
| 2019 | 3.88% | 1.75% |
| 2018 | 4.27% | 2.04% |
| 2017 | 3.22% | 1.80% |
| 2016 | 3.95% | 2.03% |
| 2015 | 5.41% | 2.06% |
| 2014 | 3.86% | 1.87% |
| 2013 | 3.69% | 1.81% |
| 2012 | 3.77% | 2.18% |
| 2011 | 3.28% | 2.05% |
| 2010 | 3.71% | 1.80% |
| 2009 | 3.52% | 1.95% |
| 2008 | 6.37% | 3.02% |
| 2007 | 3.33% | 1.85% |
| 2006 | 2.37% | 1.73% |
| 2005 | 1.24% | 1.73% |
| 2004 | 1.55% | 1.82% |
| 2003 | 1.24% | 1.47% |
| 2002 | 1.31% | 1.70% |
| 2001 | 1.38% | 1.25% |
| 2000 | 1.14% | 1.15% |
| 1999 | 0.00% | 0.24% |
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