STLD vs SPY
Comparison between Steel Dynamics Inc (STLD, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSTLD has outperformed SPY, delivering a return of +32.0% compared to +13.3%
STLD vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
STLD vs SPY - Historical Returns
Returns include dividend reinvestment.
STLD vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | STLD | SPY |
|---|---|---|
| 2026 | +33.93% | +8.27% |
| 2025 | +53.59% | +18.00% |
| 2024 | -2.69% | +25.59% |
| 2023 | +26.00% | +26.72% |
| 2022 | +61.23% | -18.64% |
| 2021 | +72.58% | +30.52% |
| 2020 | +13.14% | +17.28% |
| 2019 | +15.19% | +31.09% |
| 2018 | -31.76% | -5.24% |
| 2017 | +21.14% | +20.78% |
| 2016 | +104.68% | +13.59% |
| 2015 | -7.56% | +1.31% |
| 2014 | +5.29% | +14.56% |
| 2013 | +40.51% | +29.00% |
| 2012 | +1.04% | +14.17% |
| 2011 | -27.03% | +0.85% |
| 2010 | +1.97% | +13.14% |
| 2009 | +47.02% | +22.67% |
| 2008 | -60.70% | -36.25% |
| 2007 | +91.54% | +5.32% |
| 2006 | +80.06% | +13.85% |
| 2005 | -0.67% | +5.32% |
| 2004 | +60.95% | +10.75% |
| 2003 | +87.91% | +24.18% |
| 2002 | +2.91% | -22.42% |
| 2001 | +9.22% | -10.13% |
| 2000 | -30.99% | -8.84% |
| 1999 | +20.85% | +8.61% |
STLD vs SPY Drawdown Comparison
The maximum drawdown for STLD was -87.04%, occurring on Nov 20, 2008. Recovery took 2117 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current STLD drawdown is -2.79%.
| Rank | STLD | SPY |
|---|---|---|
| #1 | -87.04% Jun 19, 2008 - Nov 14, 2016 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -68.46% May 17, 2018 - Mar 8, 2021 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -51.92% Jan 18, 2000 - Apr 10, 2002 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -44.43% Apr 17, 2002 - Oct 28, 2003 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -43.95% Feb 25, 2005 - Jan 31, 2006 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -32.20% Mar 3, 2023 - Mar 15, 2024 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -31.33% May 10, 2006 - Dec 4, 2006 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -30.57% Apr 21, 2022 - Oct 21, 2022 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -29.25% Oct 6, 2004 - Feb 18, 2005 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -28.66% Nov 6, 2024 - Oct 21, 2025 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -27.65% Aug 13, 2021 - Mar 2, 2022 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -27.32% Apr 1, 2024 - Nov 6, 2024 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -25.46% May 21, 2007 - Oct 18, 2007 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -24.93% Apr 12, 2004 - Jun 23, 2004 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -23.85% Dec 28, 2007 - Feb 22, 2008 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between STLD and SPY is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (1999 - 2026)
STLD vs SPY dividend yield comparison.
| Year | STLD | SPY |
|---|---|---|
| 2026 | 0.23% | 0.24% |
| 2025 | 1.18% | 1.07% |
| 2024 | 1.61% | 1.21% |
| 2023 | 1.44% | 1.40% |
| 2022 | 1.39% | 1.65% |
| 2021 | 1.68% | 1.20% |
| 2020 | 2.71% | 1.52% |
| 2019 | 2.82% | 1.75% |
| 2018 | 2.50% | 2.04% |
| 2017 | 1.44% | 1.80% |
| 2016 | 1.57% | 2.03% |
| 2015 | 3.08% | 2.06% |
| 2014 | 2.33% | 1.87% |
| 2013 | 2.25% | 1.81% |
| 2012 | 2.91% | 2.18% |
| 2011 | 3.04% | 2.05% |
| 2010 | 1.64% | 1.80% |
| 2009 | 1.83% | 1.95% |
| 2008 | 3.13% | 3.02% |
| 2007 | 1.01% | 1.85% |
| 2006 | 1.23% | 1.73% |
| 2005 | 1.13% | 1.73% |
| 2004 | 0.66% | 1.82% |
| 2003 | 0.00% | 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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