SLF vs SPY

Comparison between Sun Life Financial Inc (SLF, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed SLF, delivering a return of +13.3% compared to +9.9%

SLF vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SLF(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$42B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	80.09%	56.47%
Sharpe Ratio	0.87	2.07
5Y Beta	0.51	1.00
Industry	Insurance - Diversified	N/A
P/E Ratio	15.49	28.24
Forward P/E	12.69	21.85
PEG Ratio	0.86	N/A
Dividend Yield	5.18%	N/A
5Y Dividends CAGR	14.20%	5.43%
5Y EPS CAGR	5.85%	25.79%
Debt to Equity	89.92%	22.35%
Free Cash Flow Yield	11.83%	N/A
P/S Ratio	1.16	3.55
P/B Ratio	2.27	5.29

Market Cap / Net Assets

SLF

$42B

Winner

SPY

$652B

Expense Ratio

SLF

N/A

SPY

0.09%

Max Drawdown

SLF

80.09%

Winner

SPY

56.47%

Sharpe Ratio

SLF

0.87

Winner

SPY

2.07

5Y Beta

Winner

SLF

0.51

SPY

1.00

Industry

SLF

Insurance - Diversified

SPY

N/A

P/E Ratio

Winner

SLF

15.49

SPY

28.24

Forward P/E

Winner

SLF

12.69

SPY

21.85

PEG Ratio

SLF

0.86

SPY

N/A

Dividend Yield

SLF

5.18%

SPY

N/A

5Y Dividends CAGR

Winner

SLF

14.20%

SPY

5.43%

5Y EPS CAGR

SLF

5.85%

Winner

SPY

25.79%

Debt to Equity

SLF

89.92%

Winner

SPY

22.35%

Free Cash Flow Yield

SLF

11.83%

SPY

N/A

P/S Ratio

Winner

SLF

1.16

SPY

3.55

P/B Ratio

Winner

SLF

2.27

SPY

5.29

SLF vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	SLF	SPY
1 month	+6.25%	+9.11%
3 months	+9.77%	+6.59%
6 months	+22.25%	+10.56%
1 year	+21.92%	+32.04%
5 years(CAGR)	+9.86%	+13.35%
10 years(CAGR)	+12.52%	+15.49%
Max(CAGR)	+12.38%	+8.50%

SLF

+6.25%

Winner

SPY

+9.11%

Winner

SLF

+9.77%

SPY

+6.59%

Winner

SLF

+22.25%

SPY

+10.56%

SLF

+21.92%

Winner

SPY

+32.04%

5Y(CAGR)

SLF

+9.86%

Winner

SPY

+13.35%

10Y(CAGR)

SLF

+12.52%

Winner

SPY

+15.49%

Max(CAGR)

Winner

SLF

+12.38%

SPY

+8.50%

SLF vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SLF	SPY
2026	+12.63%	+8.27%
2025	+10.50%	+18.00%
2024	+20.82%	+25.59%
2023	+17.79%	+26.72%
2022	-13.00%	-18.64%
2021	+30.55%	+30.52%
2020	+0.83%	+17.28%
2019	+42.57%	+31.09%
2018	-16.04%	-5.24%
2017	+10.08%	+20.78%
2016	+31.50%	+13.59%
2015	-8.64%	+1.31%
2014	+8.41%	+14.56%
2013	+36.37%	+29.00%
2012	+46.51%	+14.17%
2011	-36.45%	+0.85%
2010	+5.55%	+13.14%
2009	+29.81%	+22.67%
2008	-55.92%	-36.25%
2007	+36.64%	+5.32%
2006	+5.41%	+13.85%
2005	+24.72%	+5.32%
2004	+35.43%	+10.75%
2003	+49.26%	+24.18%
2002	-16.04%	-22.42%
2001	-16.10%	-10.13%
2000	+186.37%	-8.84%
1999	N/A	+8.61%

SLF vs SPY Drawdown Comparison

The maximum drawdown for SLF was -78.55%, occurring on Mar 9, 2009. Recovery took 2274 trading sessions.

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

The current SLF drawdown is -4.30%.

Rank	SLF	SPY
#1	-78.55% Oct 31, 2007 - Nov 10, 2016	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-50.82% Feb 14, 2020 - Jan 20, 2021	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-42.49% Dec 29, 2000 - Oct 16, 2003	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-30.75% Feb 9, 2022 - Feb 9, 2024	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-24.79% Jan 22, 2018 - Jul 1, 2019	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-18.09% Feb 15, 2017 - Sep 26, 2017	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-16.46% Sep 6, 2000 - Nov 3, 2000	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-14.91% Jun 30, 2025 - Feb 4, 2026	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-14.35% Mar 3, 2006 - Nov 15, 2006	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-13.92% Dec 5, 2024 - May 9, 2025	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-13.65% Mar 13, 2024 - Aug 26, 2024	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-11.44% Feb 15, 2005 - Jun 24, 2005	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-10.77% Apr 5, 2004 - Jun 8, 2004	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-10.76% Nov 8, 2000 - Dec 6, 2000	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-10.08% Feb 13, 2026 - Apr 15, 2026	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between SLF 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)

SLF vs SPY dividend yield comparison.

Year	SLF	SPY
2026	0.96%	0.24%
2025	4.03%	1.07%
2024	4.00%	1.21%
2023	4.98%	1.40%
2022	4.59%	1.65%
2021	3.32%	1.20%
2020	3.69%	1.52%
2019	3.47%	1.75%
2018	4.71%	2.04%
2017	3.17%	1.80%
2016	3.98%	2.03%
2015	4.64%	2.06%
2014	3.99%	1.87%
2013	4.08%	1.81%
2012	5.43%	2.18%
2011	7.78%	2.05%
2010	4.78%	1.80%
2009	5.01%	1.95%
2008	6.22%	3.02%
2007	2.36%	1.85%
2006	2.63%	1.73%
2005	2.35%	1.73%
2004	2.56%	1.82%
2003	2.72%	1.47%
2002	2.40%	1.70%
2001	2.59%	1.25%
2000	0.75%	1.15%
1999	0.00%	0.24%