TPG vs SPY

Comparison between TPG Inc - Class A (TPG, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

TPG vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TPG(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$17B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	46.79%	56.47%
Sharpe Ratio	0.10	2.07
5Y Beta	1.57	1.00
Industry	Asset Management	N/A
P/E Ratio	67.04	28.24
Forward P/E	15.36	21.85
PEG Ratio	0.10	N/A
Dividend Yield	4.98%	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	263.37%	22.35%
Free Cash Flow Yield	5.63%	N/A
P/S Ratio	4.64	3.55
P/B Ratio	6.38	5.29

Market Cap / Net Assets

TPG

$17B

Winner

SPY

$652B

Expense Ratio

TPG

N/A

SPY

0.09%

Max Drawdown

Winner

TPG

46.79%

SPY

56.47%

Sharpe Ratio

TPG

0.10

Winner

SPY

2.07

5Y Beta

TPG

1.57

Winner

SPY

1.00

Industry

TPG

Asset Management

SPY

N/A

P/E Ratio

TPG

67.04

Winner

SPY

28.24

Forward P/E

Winner

TPG

15.36

SPY

21.85

PEG Ratio

TPG

0.10

SPY

N/A

Dividend Yield

TPG

4.98%

SPY

N/A

5Y Dividends CAGR

TPG

N/A

SPY

5.43%

5Y EPS CAGR

TPG

N/A

SPY

25.79%

Debt to Equity

TPG

263.37%

Winner

SPY

22.35%

Free Cash Flow Yield

TPG

5.63%

SPY

N/A

P/S Ratio

TPG

4.64

Winner

SPY

3.55

P/B Ratio

TPG

6.38

Winner

SPY

5.29

TPG vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	TPG	SPY
1 month	+16.62%	+9.11%
3 months	-17.70%	+6.59%
6 months	-17.32%	+10.56%
1 year	-4.87%	+32.04%
5 years(CAGR)	+10.89%	+13.35%
10 years(CAGR)	N/A	+15.49%
Max(CAGR)	+10.89%	+8.50%

Winner

TPG

+16.62%

SPY

+9.11%

TPG

-17.70%

Winner

SPY

+6.59%

TPG

-17.32%

Winner

SPY

+10.56%

TPG

-4.87%

Winner

SPY

+32.04%

5Y(CAGR)

TPG

+10.89%

Winner

SPY

+13.35%

10Y(CAGR)

TPG

N/A

SPY

+15.49%

Max(CAGR)

Winner

TPG

+10.89%

SPY

+8.50%

TPG vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TPG	SPY
2026	-31.21%	+8.27%
2025	+3.61%	+18.00%
2024	+60.72%	+25.59%
2023	+59.39%	+26.72%
2022	-15.14%	-18.64%
2021	N/A	+30.52%
2020	N/A	+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%

TPG vs SPY Drawdown Comparison

The maximum drawdown for TPG was -44.80%, occurring on Apr 6, 2026. This drawdown has not yet recovered.

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

The current TPG drawdown is -35.07%.

Rank	TPG	SPY
#1	-44.80% Jan 6, 2026 - Apr 6, 2026	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-43.82% Nov 25, 2024 - Jan 6, 2026	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-38.11% Nov 11, 2022 - Dec 14, 2023	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-31.12% Feb 2, 2022 - Nov 9, 2022	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-15.77% Jul 31, 2024 - Aug 27, 2024	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-14.33% Mar 21, 2024 - Jul 15, 2024	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-11.68% Dec 26, 2023 - Feb 9, 2024	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-11.64% Oct 24, 2024 - Nov 21, 2024	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-7.06% Jan 13, 2022 - Feb 1, 2022	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-4.89% Feb 12, 2024 - Mar 1, 2024	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-3.62% Aug 27, 2024 - Sep 11, 2024	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-3.56% Mar 7, 2024 - Mar 21, 2024	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-3.06% Jul 23, 2024 - Jul 26, 2024	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-2.98% Sep 19, 2024 - Oct 4, 2024	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-2.76% Oct 4, 2024 - Oct 11, 2024	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between TPG and SPY is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (1999 - 2026)

TPG vs SPY dividend yield comparison.

Year	TPG	SPY
2026	1.37%	0.24%
2025	3.10%	1.07%
2024	3.33%	1.21%
2023	3.24%	1.40%
2022	3.92%	1.65%
2021	0.00%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	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	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%