SHG vs SPY
Comparison between Shinhan Financial Group Co. Ltd (SHG, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSHG has outperformed SPY, delivering a return of +17.4% compared to +13.3%
SHG vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SHG vs SPY - Historical Returns
Returns include dividend reinvestment.
SHG vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | SHG | SPY |
|---|---|---|
| 2026 | +26.88% | +8.27% |
| 2025 | +69.11% | +18.00% |
| 2024 | +15.84% | +25.59% |
| 2023 | +17.13% | +26.72% |
| 2022 | -6.24% | -18.64% |
| 2021 | +7.08% | +30.52% |
| 2020 | -20.53% | +17.28% |
| 2019 | +6.85% | +31.09% |
| 2018 | -24.17% | -5.24% |
| 2017 | +20.58% | +20.78% |
| 2016 | +18.27% | +13.59% |
| 2015 | -12.54% | +1.31% |
| 2014 | -5.79% | +14.56% |
| 2013 | +20.99% | +29.00% |
| 2012 | +5.40% | +14.17% |
| 2011 | -27.22% | +0.85% |
| 2010 | +23.61% | +13.14% |
| 2009 | +66.46% | +22.67% |
| 2008 | -56.99% | -36.25% |
| 2007 | +14.12% | +5.32% |
| 2006 | +24.67% | +13.85% |
| 2005 | +83.24% | +5.32% |
| 2004 | +45.79% | +10.75% |
| 2003 | +5.60% | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
SHG vs SPY Drawdown Comparison
The maximum drawdown for SHG was -82.01%, occurring on Mar 9, 2009. Recovery took 4525 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current SHG drawdown is -4.43%.
| Rank | SHG | SPY |
|---|---|---|
| #1 | -82.01% Jul 12, 2007 - Jul 8, 2025 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -35.05% Apr 23, 2004 - Nov 3, 2004 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -23.50% May 8, 2006 - Dec 27, 2006 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -19.73% Mar 1, 2005 - Jul 27, 2005 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -18.03% Feb 20, 2026 - Mar 13, 2026 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -14.67% Feb 1, 2006 - Mar 31, 2006 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -14.08% Feb 17, 2004 - Apr 12, 2004 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -14.05% Nov 13, 2003 - Dec 31, 2003 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -13.47% Feb 22, 2007 - Jun 4, 2007 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -12.74% Sep 16, 2003 - Oct 10, 2003 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -11.56% Oct 10, 2003 - Nov 13, 2003 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -10.88% Jan 6, 2006 - Feb 1, 2006 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -10.64% Sep 29, 2005 - Nov 14, 2005 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -9.63% Nov 17, 2004 - Dec 27, 2004 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -8.57% Aug 1, 2005 - Sep 7, 2005 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between SHG and SPY is 0.52 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (1999 - 2026)
SHG vs SPY dividend yield comparison.
| Year | SHG | SPY |
|---|---|---|
| 2026 | 0.00% | 0.24% |
| 2025 | 2.24% | 1.07% |
| 2024 | 5.96% | 1.21% |
| 2023 | 3.87% | 1.40% |
| 2022 | 5.54% | 1.65% |
| 2021 | 1.54% | 1.20% |
| 2020 | 0.00% | 1.52% |
| 2019 | 0.00% | 1.75% |
| 2018 | 0.00% | 2.04% |
| 2017 | 0.00% | 1.80% |
| 2016 | 3.35% | 2.03% |
| 2015 | 3.10% | 2.06% |
| 2014 | 2.14% | 1.87% |
| 2013 | 1.37% | 1.81% |
| 2012 | 3.41% | 2.18% |
| 2011 | 1.94% | 2.05% |
| 2010 | 1.47% | 1.80% |
| 2009 | 2.06% | 1.95% |
| 2008 | 0.00% | 3.02% |
| 2007 | 1.61% | 1.85% |
| 2006 | 1.86% | 1.73% |
| 2005 | 2.03% | 1.73% |
| 2004 | 3.23% | 1.82% |
| 2003 | 3.27% | 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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