TROW vs SPY

Comparison between T. Rowe Price Group Inc (TROW, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed TROW, delivering a return of +13.3% compared to -6.9%

TROW vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TROW(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$23B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	67.68%	56.47%
Sharpe Ratio	0.77	2.07
5Y Beta	1.15	1.00
Industry	Asset Management	N/A
P/E Ratio	10.90	28.24
Forward P/E	10.79	21.85
PEG Ratio	3.86	N/A
Dividend Yield	4.93%	N/A
5Y Dividends CAGR	6.21%	5.43%
5Y EPS CAGR	3.28%	25.79%
Debt to Equity	0.00%	22.35%
Free Cash Flow Yield	7.32%	N/A
P/S Ratio	3.07	3.55
P/B Ratio	2.05	5.29

Market Cap / Net Assets

TROW

$23B

Winner

SPY

$652B

Expense Ratio

TROW

N/A

SPY

0.09%

Max Drawdown

TROW

67.68%

Winner

SPY

56.47%

Sharpe Ratio

TROW

0.77

Winner

SPY

2.07

5Y Beta

TROW

1.15

Winner

SPY

1.00

Industry

TROW

Asset Management

SPY

N/A

P/E Ratio

Winner

TROW

10.90

SPY

28.24

Forward P/E

Winner

TROW

10.79

SPY

21.85

PEG Ratio

TROW

3.86

SPY

N/A

Dividend Yield

TROW

4.93%

SPY

N/A

5Y Dividends CAGR

Winner

TROW

6.21%

SPY

5.43%

5Y EPS CAGR

TROW

3.28%

Winner

SPY

25.79%

Debt to Equity

Winner

TROW

0.00%

SPY

22.35%

Free Cash Flow Yield

TROW

7.32%

SPY

N/A

P/S Ratio

Winner

TROW

3.07

SPY

3.55

P/B Ratio

Winner

TROW

2.05

SPY

5.29

TROW vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	TROW	SPY
1 month	+14.73%	+9.11%
3 months	+11.57%	+6.59%
6 months	+5.40%	+10.56%
1 year	+19.84%	+32.04%
5 years(CAGR)	-6.92%	+13.35%
10 years(CAGR)	+7.30%	+15.49%
Max(CAGR)	+9.70%	+8.50%

Winner

TROW

+14.73%

SPY

+9.11%

Winner

TROW

+11.57%

SPY

+6.59%

TROW

+5.40%

Winner

SPY

+10.56%

TROW

+19.84%

Winner

SPY

+32.04%

5Y(CAGR)

TROW

-6.92%

Winner

SPY

+13.35%

10Y(CAGR)

TROW

+7.30%

Winner

SPY

+15.49%

Max(CAGR)

Winner

TROW

+9.70%

SPY

+8.50%

TROW vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TROW	SPY
2026	+2.17%	+8.27%
2025	-4.96%	+18.00%
2024	+9.47%	+25.59%
2023	+3.17%	+26.72%
2022	-41.61%	-18.64%
2021	+38.26%	+30.52%
2020	+24.50%	+17.28%
2019	+36.33%	+31.09%
2018	-8.12%	-5.24%
2017	+42.29%	+20.78%
2016	+10.49%	+13.59%
2015	-12.15%	+1.31%
2014	+6.26%	+14.56%
2013	+27.63%	+29.00%
2012	+17.36%	+14.17%
2011	-11.50%	+0.85%
2010	+21.08%	+13.14%
2009	+50.10%	+22.67%
2008	-38.51%	-36.25%
2007	+34.89%	+5.32%
2006	+21.42%	+13.85%
2005	+18.60%	+5.32%
2004	+30.46%	+10.75%
2003	+68.53%	+24.18%
2002	-19.30%	-22.42%
2001	-12.10%	-10.13%
2000	+21.93%	-8.84%
1999	-0.47%	+8.61%

TROW vs SPY Drawdown Comparison

The maximum drawdown for TROW was -67.45%, occurring on Mar 5, 2009. Recovery took 558 trading sessions.

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

The current TROW drawdown is -42.18%.

Rank	TROW	SPY
#1	-67.45% Sep 19, 2008 - Dec 7, 2010	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-58.20% Aug 31, 2021 - Apr 8, 2025	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-54.10% Sep 14, 2000 - Dec 23, 2003	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-38.06% Feb 19, 2020 - Jul 31, 2020	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-34.39% Feb 18, 2011 - Jan 4, 2013	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-31.38% Jun 12, 2018 - Nov 12, 2019	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-30.15% Nov 16, 2007 - Sep 19, 2008	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-28.76% Jan 25, 2000 - Jun 5, 2000	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-22.18% Dec 23, 2014 - Jul 14, 2017	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-19.32% Mar 5, 2004 - Oct 28, 2004	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-17.90% Apr 26, 2006 - Aug 15, 2006	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-16.45% Nov 22, 1999 - Jan 25, 2000	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-15.62% Jun 19, 2000 - Sep 13, 2000	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-15.00% Jan 26, 2018 - May 16, 2018	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-14.97% Aug 8, 2007 - Oct 1, 2007	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between TROW 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)

TROW vs SPY dividend yield comparison.

Year	TROW	SPY
2026	1.23%	0.24%
2025	4.96%	1.07%
2024	4.39%	1.21%
2023	4.53%	1.40%
2022	4.40%	1.65%
2021	3.72%	1.20%
2020	2.38%	1.52%
2019	2.50%	1.75%
2018	3.03%	2.04%
2017	2.17%	1.80%
2016	2.87%	2.03%
2015	5.71%	2.06%
2014	2.05%	1.87%
2013	1.81%	1.81%
2012	3.62%	2.18%
2011	2.18%	2.05%
2010	1.67%	1.80%
2009	1.88%	1.95%
2008	2.71%	3.02%
2007	1.23%	1.85%
2006	1.19%	1.73%
2005	1.35%	1.73%
2004	1.29%	1.82%
2003	1.48%	1.47%
2002	2.38%	1.70%
2001	1.76%	1.25%
2000	1.28%	1.15%
1999	0.35%	0.24%