TMO vs SPY
Comparison between Thermo Fisher Scientific Inc (TMO, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed TMO, delivering a return of +13.3% compared to +0.1%
TMO vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
TMO vs SPY - Historical Returns
Returns include dividend reinvestment.
TMO vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | TMO | SPY |
|---|---|---|
| 2026 | -21.44% | +8.27% |
| 2025 | +11.28% | +18.00% |
| 2024 | -4.13% | +25.59% |
| 2023 | -3.79% | +26.72% |
| 2022 | -14.42% | -18.64% |
| 2021 | +41.70% | +30.52% |
| 2020 | +43.05% | +17.28% |
| 2019 | +48.45% | +31.09% |
| 2018 | +16.31% | -5.24% |
| 2017 | +32.61% | +20.78% |
| 2016 | +2.11% | +13.59% |
| 2015 | +11.23% | +1.31% |
| 2014 | +14.84% | +14.56% |
| 2013 | +72.48% | +29.00% |
| 2012 | +37.27% | +14.17% |
| 2011 | -20.35% | +0.85% |
| 2010 | +16.55% | +13.14% |
| 2009 | +34.87% | +22.67% |
| 2008 | -38.94% | -36.25% |
| 2007 | +27.70% | +5.32% |
| 2006 | +49.57% | +13.85% |
| 2005 | +1.52% | +5.32% |
| 2004 | +20.62% | +10.75% |
| 2003 | +23.65% | +24.18% |
| 2002 | -14.38% | -22.42% |
| 2001 | -4.22% | -10.13% |
| 2000 | +98.33% | -8.84% |
| 1999 | +10.05% | +8.61% |
TMO vs SPY Drawdown Comparison
The maximum drawdown for TMO was -53.91%, occurring on Nov 20, 2008. Recovery took 694 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current TMO drawdown is -29.46%.
| Rank | TMO | SPY |
|---|---|---|
| #1 | -53.91% Aug 15, 2008 - May 18, 2011 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -45.72% Dec 11, 2000 - Jan 14, 2004 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -40.95% Dec 31, 2021 - Jun 17, 2025 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -33.60% Jul 7, 2011 - Dec 11, 2012 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -31.66% Mar 8, 2000 - Sep 26, 2000 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -24.87% Jan 22, 2020 - Apr 27, 2020 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -21.90% Apr 23, 2004 - Oct 5, 2005 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -17.21% Dec 3, 2018 - Feb 15, 2019 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -16.70% Nov 6, 2020 - Jul 23, 2021 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -15.88% Oct 23, 2007 - Jul 30, 2008 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -15.88% Jul 23, 2015 - Dec 16, 2015 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -14.75% Dec 29, 2015 - Apr 4, 2016 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -13.81% May 5, 2006 - Sep 14, 2006 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -13.09% Mar 7, 2014 - Nov 21, 2014 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -12.61% Oct 2, 2000 - Oct 31, 2000 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between TMO and SPY is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (1999 - 2026)
TMO vs SPY dividend yield comparison.
| Year | TMO | SPY |
|---|---|---|
| 2026 | 0.10% | 0.24% |
| 2025 | 0.30% | 1.07% |
| 2024 | 0.30% | 1.21% |
| 2023 | 0.26% | 1.40% |
| 2022 | 0.22% | 1.65% |
| 2021 | 0.16% | 1.20% |
| 2020 | 0.19% | 1.52% |
| 2019 | 0.23% | 1.75% |
| 2018 | 0.30% | 2.04% |
| 2017 | 0.32% | 1.80% |
| 2016 | 0.43% | 2.03% |
| 2015 | 0.42% | 2.06% |
| 2014 | 0.48% | 1.87% |
| 2013 | 0.54% | 1.81% |
| 2012 | 0.85% | 2.18% |
| 2011 | 0.00% | 2.05% |
| 2010 | 0.00% | 1.80% |
| 2009 | 0.00% | 1.95% |
| 2008 | 0.00% | 3.02% |
| 2007 | 0.00% | 1.85% |
| 2006 | 0.00% | 1.73% |
| 2005 | 0.00% | 1.73% |
| 2004 | 0.00% | 1.82% |
| 2003 | 0.00% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 14.62% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
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