USB vs SPY

Comparison between U.S. Bancorp. (USB, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed USB, delivering a return of +13.3% compared to +2.3%

USB vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USB(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$87B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	76.78%	56.47%
Sharpe Ratio	1.48	2.07
5Y Beta	0.99	1.00
Industry	Banks - Regional	N/A
P/E Ratio	11.71	28.24
Forward P/E	11.12	21.85
PEG Ratio	0.55	N/A
Dividend Yield	3.72%	N/A
5Y Dividends CAGR	8.79%	5.43%
5Y EPS CAGR	1.81%	25.79%
Debt to Equity	27.15%	22.35%
Free Cash Flow Yield	10.99%	N/A
P/S Ratio	3.27	3.55
P/B Ratio	1.46	5.29

Market Cap / Net Assets

USB

$87B

Winner

SPY

$652B

Expense Ratio

USB

N/A

SPY

0.09%

Max Drawdown

USB

76.78%

Winner

SPY

56.47%

Sharpe Ratio

USB

1.48

Winner

SPY

2.07

5Y Beta

Winner

USB

0.99

SPY

1.00

Industry

USB

Banks - Regional

SPY

N/A

P/E Ratio

Winner

USB

11.71

SPY

28.24

Forward P/E

Winner

USB

11.12

SPY

21.85

PEG Ratio

USB

0.55

SPY

N/A

Dividend Yield

USB

3.72%

SPY

N/A

5Y Dividends CAGR

Winner

USB

8.79%

SPY

5.43%

5Y EPS CAGR

USB

1.81%

Winner

SPY

25.79%

Debt to Equity

USB

27.15%

Winner

SPY

22.35%

Free Cash Flow Yield

USB

10.99%

SPY

N/A

P/S Ratio

Winner

USB

3.27

SPY

3.55

P/B Ratio

Winner

USB

1.46

SPY

5.29

USB vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	USB	SPY
1 month	+0.31%	+9.11%
3 months	-7.07%	+6.59%
6 months	+19.68%	+10.56%
1 year	+37.34%	+32.04%
5 years(CAGR)	+2.34%	+13.35%
10 years(CAGR)	+6.76%	+15.49%
Max(CAGR)	+6.12%	+8.50%

USB

+0.31%

Winner

SPY

+9.11%

USB

-7.07%

Winner

SPY

+6.59%

Winner

USB

+19.68%

SPY

+10.56%

Winner

USB

+37.34%

SPY

+32.04%

5Y(CAGR)

USB

+2.34%

Winner

SPY

+13.35%

10Y(CAGR)

USB

+6.76%

Winner

SPY

+15.49%

Max(CAGR)

USB

+6.12%

Winner

SPY

+8.50%

USB vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	USB	SPY
2026	+4.00%	+8.27%
2025	+16.41%	+18.00%
2024	+13.90%	+25.59%
2023	+2.32%	+26.72%
2022	-20.67%	-18.64%
2021	+25.58%	+30.52%
2020	-17.76%	+17.28%
2019	+31.73%	+31.09%
2018	-13.09%	-5.24%
2017	+6.43%	+20.78%
2016	+26.94%	+13.59%
2015	-2.55%	+1.31%
2014	+15.22%	+14.56%
2013	+25.53%	+29.00%
2012	+18.63%	+14.17%
2011	+2.40%	+0.85%
2010	+18.85%	+13.14%
2009	-9.92%	+22.67%
2008	-15.09%	-36.25%
2007	-7.84%	+5.32%
2006	+24.66%	+13.85%
2005	+0.40%	+5.32%
2004	+11.29%	+10.75%
2003	+43.93%	+24.18%
2002	+7.14%	-22.42%
2001	-5.32%	-10.13%
2000	+39.78%	-8.84%
1999	-34.20%	+8.61%

USB vs SPY Drawdown Comparison

The maximum drawdown for USB was -76.09%, occurring on Mar 6, 2009. Recovery took 1019 trading sessions.

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

The current USB drawdown is -7.59%.

Rank	USB	SPY
#1	-76.09% Sep 19, 2008 - Oct 4, 2012	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-53.51% Nov 16, 1999 - Jul 14, 2003	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-52.12% Jan 14, 2022 - Dec 10, 2025	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-51.99% Dec 17, 2019 - Apr 9, 2021	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-34.05% May 1, 2008 - Sep 16, 2008	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-23.25% Jan 26, 2018 - Jul 23, 2019	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-18.57% Feb 20, 2007 - Apr 25, 2008	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-17.63% Aug 10, 2015 - Oct 27, 2016	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-16.21% Feb 6, 2026 - Mar 27, 2026	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-13.67% Dec 31, 2003 - Aug 18, 2004	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-12.58% Oct 22, 2021 - Jan 12, 2022	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-12.36% Dec 31, 2004 - Nov 11, 2005	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-12.01% May 17, 2021 - Oct 5, 2021	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-11.44% Mar 1, 2017 - Dec 4, 2017	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-11.31% Oct 4, 2012 - May 20, 2013	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between USB and SPY is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (1999 - 2026)

USB vs SPY dividend yield comparison.

Year	USB	SPY
2026	0.94%	0.24%
2025	3.82%	1.07%
2024	4.14%	1.21%
2023	4.46%	1.40%
2022	4.31%	1.65%
2021	3.13%	1.20%
2020	3.61%	1.52%
2019	2.66%	1.75%
2018	2.93%	2.04%
2017	2.16%	1.80%
2016	2.08%	2.03%
2015	2.37%	2.06%
2014	2.15%	1.87%
2013	2.19%	1.81%
2012	2.44%	2.18%
2011	1.85%	2.05%
2010	0.74%	1.80%
2009	0.89%	1.95%
2008	6.80%	3.02%
2007	5.12%	1.85%
2006	3.84%	1.73%
2005	4.12%	1.73%
2004	4.58%	1.82%
2003	2.87%	1.47%
2002	3.68%	1.70%
2001	3.58%	1.25%
2000	4.87%	1.15%
1999	1.33%	0.24%