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TNL vs SPY

Comparison between Travel+Leisure Company (TNL, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed TNL, delivering a return of +13.9% compared to +4.2%

TNL vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap / Net Assets
TNL
$4.08B
Winner
SPY
$735B
Expense Ratio
TNL
N/A
SPY
0.09%
Max Drawdown
TNL
92.45%
Winner
SPY
56.47%
Sharpe Ratio
TNL
0.95
Winner
SPY
1.72
5Y Beta
TNL
1.27
Winner
SPY
1.00
Industry
TNL
Travel Services
SPY
N/A
P/E Ratio
Winner
TNL
11.42
SPY
28.68
Forward P/E
Winner
TNL
8.92
SPY
22.00
PEG Ratio
TNL
14.38
SPY
N/A
Dividend Yield
TNL
3.64%
SPY
N/A
5Y Dividends CAGR
Winner
TNL
10.25%
SPY
5.43%
5Y EPS CAGR
TNL
-5.23%
Winner
SPY
26.37%
Debt to Equity
Winner
TNL
-563.01%
SPY
34.04%
Free Cash Flow Yield
TNL
10.83%
SPY
N/A
P/S Ratio
Winner
TNL
1.00
SPY
3.85
P/B Ratio
TNL
7.11
Winner
SPY
5.68

TNL vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
TNL
-14.29%
Winner
SPY
+5.49%
3M
TNL
-13.57%
Winner
SPY
+8.03%
6M
TNL
+2.57%
Winner
SPY
+13.34%
1Y
Winner
TNL
+40.70%
SPY
+28.89%
5Y(CAGR)
TNL
+4.21%
Winner
SPY
+13.90%
10Y(CAGR)
TNL
+12.06%
Winner
SPY
+15.59%
Max(CAGR)
Winner
TNL
+10.68%
SPY
+8.51%

TNL vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearTNLSPY
2026-8.59%+9.02%
2025+47.10%+18.00%
2024+29.12%+25.59%
2023+15.65%+26.72%
2022-33.66%-18.64%
2021+30.37%+30.52%
2020-9.94%+17.28%
2019+48.16%+31.09%
2018-29.64%-5.24%
2017+56.28%+20.78%
2016+10.79%+13.59%
2015-13.15%+1.31%
2014+18.77%+14.56%
2013+36.13%+29.00%
2012+44.90%+14.17%
2011+25.69%+0.85%
2010+50.67%+13.14%
2009+171.33%+22.67%
2008-71.50%-36.25%
2007-27.52%+5.32%
2006-1.48%+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

TNL vs SPY Drawdown Comparison

The maximum drawdown for TNL was -92.23%, occurring on Nov 20, 2008. Recovery took 1115 trading sessions.

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

The current TNL drawdown is -17.11%. The current SPY drawdown is -0.73%.

RankTNLSPY
#1-92.23%
Jul 5, 2007 - Dec 5, 2011
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-68.00%
Jan 22, 2018 - Feb 8, 2021
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-46.28%
May 14, 2021 - Feb 6, 2025
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-33.15%
Mar 2, 2015 - Apr 20, 2017
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-32.19%
Feb 19, 2025 - Jul 8, 2025
-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-24.24%
Jul 25, 2006 - Feb 13, 2007
-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-21.06%
Apr 14, 2026 - May 4, 2026
-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-15.55%
Apr 12, 2013 - Oct 22, 2013
-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-12.82%
Sep 19, 2014 - Nov 26, 2014
-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-12.39%
Oct 22, 2025 - Dec 11, 2025
-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-12.10%
Feb 26, 2026 - Apr 13, 2026
-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-11.17%
Oct 17, 2012 - Jan 2, 2013
-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-9.41%
May 11, 2012 - Jun 18, 2012
-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-9.35%
Mar 17, 2021 - Apr 27, 2021
-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-8.71%
Jul 5, 2012 - Sep 6, 2012
-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between TNL and SPY is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92
-101

Dividend Comparison (1999 - 2026)

TNL vs SPY dividend yield comparison.

YearTNLSPY
20260.92%0.24%
20253.18%1.07%
20243.96%1.21%
20234.60%1.40%
20224.40%1.65%
20212.26%1.20%
20203.57%1.52%
20193.48%1.75%
2018170.40%2.04%
20172.00%1.80%
20162.62%2.03%
20152.31%2.06%
20141.63%1.87%
20131.57%1.81%
20121.73%2.18%
20111.59%2.05%
20101.60%1.80%
20090.59%1.95%
20082.44%3.02%
20070.34%1.85%
20060.00%1.73%
20050.00%1.73%
20040.00%1.82%
20030.00%1.47%
20020.00%1.70%
20010.00%1.25%
20000.00%1.15%
19990.00%0.24%

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