TXN vs SPY

Comparison between Texas Instruments Inc (TXN, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed TXN, delivering a return of +13.3% compared to +12.0%

TXN vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TXN(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$263B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	85.90%	56.47%
Sharpe Ratio	1.60	2.07
5Y Beta	1.30	1.00
Industry	Semiconductors	N/A
P/E Ratio	48.88	28.24
Forward P/E	38.02	21.85
PEG Ratio	29.03	N/A
Dividend Yield	1.95%	N/A
5Y Dividends CAGR	7.25%	5.43%
5Y EPS CAGR	0.60%	25.79%
Debt to Equity	83.74%	22.35%
Free Cash Flow Yield	1.41%	N/A
P/S Ratio	14.29	3.55
P/B Ratio	15.24	5.29

Market Cap / Net Assets

TXN

$263B

Winner

SPY

$652B

Expense Ratio

TXN

N/A

SPY

0.09%

Max Drawdown

TXN

85.90%

Winner

SPY

56.47%

Sharpe Ratio

TXN

1.60

Winner

SPY

2.07

5Y Beta

TXN

1.30

Winner

SPY

1.00

Industry

TXN

Semiconductors

SPY

N/A

P/E Ratio

TXN

48.88

Winner

SPY

28.24

Forward P/E

TXN

38.02

Winner

SPY

21.85

PEG Ratio

TXN

29.03

SPY

N/A

Dividend Yield

TXN

1.95%

SPY

N/A

5Y Dividends CAGR

Winner

TXN

7.25%

SPY

5.43%

5Y EPS CAGR

TXN

0.60%

Winner

SPY

25.79%

Debt to Equity

TXN

83.74%

Winner

SPY

22.35%

Free Cash Flow Yield

TXN

1.41%

SPY

N/A

P/S Ratio

TXN

14.29

Winner

SPY

3.55

P/B Ratio

TXN

15.24

Winner

SPY

5.29

TXN vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	TXN	SPY
1 month	+38.47%	+9.11%
3 months	+32.22%	+6.59%
6 months	+81.35%	+10.56%
1 year	+78.66%	+32.04%
5 years(CAGR)	+12.04%	+13.35%
10 years(CAGR)	+20.86%	+15.49%
Max(CAGR)	+9.40%	+8.50%

Winner

TXN

+38.47%

SPY

+9.11%

Winner

TXN

+32.22%

SPY

+6.59%

Winner

TXN

+81.35%

SPY

+10.56%

Winner

TXN

+78.66%

SPY

+32.04%

5Y(CAGR)

TXN

+12.04%

Winner

SPY

+13.35%

10Y(CAGR)

Winner

TXN

+20.86%

SPY

+15.49%

Max(CAGR)

Winner

TXN

+9.40%

SPY

+8.50%

TXN vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TXN	SPY
2026	+64.02%	+8.27%
2025	-4.18%	+18.00%
2024	+13.94%	+25.59%
2023	+7.70%	+26.72%
2022	-10.91%	-18.64%
2021	+18.92%	+30.52%
2020	+30.44%	+17.28%
2019	+39.63%	+31.09%
2018	-8.19%	-5.24%
2017	+45.56%	+20.78%
2016	+37.90%	+13.59%
2015	+5.15%	+1.31%
2014	+27.45%	+14.56%
2013	+39.84%	+29.00%
2012	+5.56%	+14.17%
2011	-9.53%	+0.85%
2010	+27.34%	+13.14%
2009	+66.27%	+22.67%
2008	-51.21%	-36.25%
2007	+18.00%	+5.32%
2006	-12.99%	+13.85%
2005	+33.16%	+5.32%
2004	-15.70%	+10.75%
2003	+83.96%	+24.18%
2002	-47.72%	-22.42%
2001	-39.39%	-10.13%
2000	-7.77%	-8.84%
1999	+11.07%	+8.61%

TXN vs SPY Drawdown Comparison

The maximum drawdown for TXN was -85.81%, occurring on Oct 9, 2002. Recovery took 4208 trading sessions.

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

The current TXN drawdown is -0.57%.

Rank	TXN	SPY
#1	-85.81% Mar 3, 2000 - Nov 22, 2016	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-33.41% Nov 8, 2024 - Jul 10, 2025	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-29.85% Jan 23, 2020 - Jun 8, 2020	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-29.56% Jul 11, 2025 - Jan 29, 2026	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-25.58% Oct 21, 2021 - May 10, 2024	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-24.89% Jan 23, 2018 - Apr 12, 2019	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-17.72% Feb 11, 2026 - Apr 17, 2026	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-13.82% Dec 8, 1999 - Jan 18, 2000	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-12.28% Apr 24, 2019 - Jul 12, 2019	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-11.75% Jul 16, 2024 - Aug 21, 2024	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-11.16% Oct 15, 2019 - Jan 9, 2020	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-10.32% Feb 16, 2021 - Mar 26, 2021	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-9.82% Apr 5, 2021 - Sep 14, 2021	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-9.50% Aug 30, 2024 - Nov 6, 2024	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-9.49% Jul 29, 2019 - Sep 12, 2019	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between TXN and SPY is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (1999 - 2026)

TXN vs SPY dividend yield comparison.

Year	TXN	SPY
2026	0.99%	0.24%
2025	3.17%	1.07%
2024	2.81%	1.21%
2023	2.94%	1.40%
2022	2.84%	1.65%
2021	2.23%	1.20%
2020	2.27%	1.52%
2019	2.50%	1.75%
2018	2.78%	2.04%
2017	2.03%	1.80%
2016	2.25%	2.03%
2015	2.55%	2.06%
2014	2.32%	1.87%
2013	2.44%	1.81%
2012	1.65%	2.18%
2011	1.92%	2.05%
2010	1.51%	1.80%
2009	1.73%	1.95%
2008	2.64%	3.02%
2007	0.90%	1.85%
2006	0.45%	1.73%
2005	0.33%	1.73%
2004	0.36%	1.82%
2003	0.29%	1.47%
2002	0.57%	1.70%
2001	0.30%	1.25%
2000	0.18%	1.15%
1999	0.00%	0.24%