SPHR vs SPY

Comparison between Sphere Entertainment Co - Class A (SPHR, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed SPHR, delivering a return of +13.8% compared to +8.4%

SPHR vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPHR(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$4.82B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	81.69%	56.47%
Sharpe Ratio	2.59	1.67
5Y Beta	1.59	1.00
Industry	Entertainment	N/A
P/E Ratio	-177.66	28.81
Forward P/E	28.41	22.07
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	25.84%
Debt to Equity	36.05%	34.16%
Free Cash Flow Yield	7.74%	N/A
P/S Ratio	N/A	3.69
P/B Ratio	N/A	5.54

Market Cap / Net Assets

SPHR

$4.82B

Winner

SPY

$735B

Expense Ratio

SPHR

N/A

SPY

0.09%

Max Drawdown

SPHR

81.69%

Winner

SPY

56.47%

Sharpe Ratio

Winner

SPHR

2.59

SPY

1.67

5Y Beta

SPHR

1.59

Winner

SPY

1.00

Industry

SPHR

Entertainment

SPY

N/A

P/E Ratio

Winner

SPHR

-177.66

SPY

28.81

Forward P/E

SPHR

28.41

Winner

SPY

22.07

5Y Dividends CAGR

SPHR

N/A

SPY

5.43%

5Y EPS CAGR

SPHR

N/A

SPY

25.84%

Debt to Equity

SPHR

36.05%

Winner

SPY

34.16%

Free Cash Flow Yield

SPHR

7.74%

SPY

N/A

P/S Ratio

SPHR

N/A

SPY

3.69

P/B Ratio

SPHR

N/A

SPY

5.54

SPHR vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	SPHR	SPY
1 month	+2.38%	+4.59%
3 months	+17.65%	+7.81%
6 months	+79.54%	+14.24%
1 year	+241.55%	+26.47%
5 years(CAGR)	+8.40%	+13.84%
10 years(CAGR)	N/A	+15.57%
Max(CAGR)	+7.07%	+8.50%

SPHR

+2.38%

Winner

SPY

+4.59%

Winner

SPHR

+17.65%

SPY

+7.81%

Winner

SPHR

+79.54%

SPY

+14.24%

Winner

SPHR

+241.55%

SPY

+26.47%

5Y(CAGR)

SPHR

+8.40%

Winner

SPY

+13.84%

10Y(CAGR)

SPHR

N/A

SPY

+15.57%

Max(CAGR)

SPHR

+7.07%

Winner

SPY

+8.50%

SPHR vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SPHR	SPY
2026	+42.52%	+8.80%
2025	+129.05%	+18.00%
2024	+20.32%	+25.59%
2023	-22.41%	+26.72%
2022	-39.98%	-18.64%
2021	-29.83%	+30.52%
2020	+18.68%	+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%

SPHR vs SPY Drawdown Comparison

The maximum drawdown for SPHR was -81.69%, occurring on May 16, 2023. Recovery took 1250 trading sessions.

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

The current SPHR drawdown is -7.14%. The current SPY drawdown is -0.92%.

Rank	SPHR	SPY
#1	-81.69% Mar 8, 2021 - Feb 27, 2026	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-27.82% Apr 9, 2020 - Dec 28, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-15.51% Dec 31, 2020 - Feb 26, 2021	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-12.31% May 1, 2026 - May 11, 2026	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-11.18% Feb 27, 2026 - Apr 1, 2026	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-5.90% Apr 17, 2026 - Apr 29, 2026	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-2.33% Apr 2, 2026 - Apr 8, 2026	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-2.10% Mar 1, 2021 - Mar 3, 2021	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-2.07% Mar 3, 2021 - Mar 5, 2021	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-1.94% Apr 8, 2026 - Apr 14, 2026	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-0.86% Apr 14, 2026 - Apr 17, 2026	-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