VLY vs SPY
Comparison between Valley National Bancorp (VLY, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed VLY, delivering a return of +13.7% compared to +2.1%
VLY vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
VLY vs SPY - Historical Returns
Returns include dividend reinvestment.
VLY vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | VLY | SPY |
|---|---|---|
| 2026 | +11.64% | +8.50% |
| 2025 | +36.77% | +18.00% |
| 2024 | -11.39% | +25.59% |
| 2023 | +0.87% | +26.72% |
| 2022 | -15.77% | -18.64% |
| 2021 | +45.93% | +30.52% |
| 2020 | -9.35% | +17.28% |
| 2019 | +31.74% | +31.09% |
| 2018 | -18.01% | -5.24% |
| 2017 | -0.26% | +20.78% |
| 2016 | +27.30% | +13.59% |
| 2015 | +7.00% | +1.31% |
| 2014 | +1.81% | +14.56% |
| 2013 | +11.08% | +29.00% |
| 2012 | -10.45% | +14.17% |
| 2011 | +1.74% | +0.85% |
| 2010 | +18.96% | +13.14% |
| 2009 | -15.04% | +22.67% |
| 2008 | +23.18% | -36.25% |
| 2007 | -22.11% | +5.32% |
| 2006 | +17.03% | +13.85% |
| 2005 | -1.74% | +5.32% |
| 2004 | +3.41% | +10.75% |
| 2003 | +21.96% | +24.18% |
| 2002 | +3.63% | -22.42% |
| 2001 | +15.65% | -10.13% |
| 2000 | +32.74% | -8.84% |
| 1999 | +5.73% | +8.61% |
VLY vs SPY Drawdown Comparison
The maximum drawdown for VLY was -62.18%, occurring on Mar 9, 2009. Recovery took 1700 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current VLY drawdown is -6.10%. The current SPY drawdown is -1.20%.
| Rank | VLY | SPY |
|---|---|---|
| #1 | -62.18% Sep 19, 2008 - Jun 23, 2015 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -53.93% Jan 14, 2022 - Jan 29, 2026 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -48.36% Jun 8, 2018 - Feb 10, 2021 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -33.56% Dec 28, 2006 - Aug 11, 2008 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -24.57% Nov 30, 2015 - Nov 10, 2016 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -22.77% Dec 27, 2000 - Sep 28, 2001 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -22.27% Dec 31, 1999 - Apr 11, 2000 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -17.94% May 17, 2021 - Nov 5, 2021 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -14.54% Mar 1, 2017 - Jan 19, 2018 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -14.30% May 3, 2002 - Apr 30, 2003 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -14.22% Dec 1, 2003 - Oct 26, 2004 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -13.65% Jul 1, 2015 - Oct 28, 2015 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -13.64% Feb 6, 2026 - Apr 20, 2026 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -13.18% Aug 11, 2008 - Sep 18, 2008 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -12.73% Nov 4, 2004 - Dec 1, 2005 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between VLY and SPY is 0.85 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (1999 - 2026)
VLY vs SPY dividend yield comparison.
| Year | VLY | SPY |
|---|---|---|
| 2026 | 0.85% | 0.24% |
| 2025 | 3.77% | 1.07% |
| 2024 | 4.86% | 1.21% |
| 2023 | 4.05% | 1.40% |
| 2022 | 3.89% | 1.65% |
| 2021 | 3.20% | 1.20% |
| 2020 | 4.51% | 1.52% |
| 2019 | 3.84% | 1.75% |
| 2018 | 4.95% | 2.04% |
| 2017 | 3.92% | 1.80% |
| 2016 | 3.78% | 2.03% |
| 2015 | 4.47% | 2.06% |
| 2014 | 4.53% | 1.87% |
| 2013 | 5.90% | 1.81% |
| 2012 | 17.76% | 2.18% |
| 2011 | 13.65% | 2.05% |
| 2010 | 12.04% | 1.80% |
| 2009 | 12.25% | 1.95% |
| 2008 | 8.89% | 3.02% |
| 2007 | 9.68% | 1.85% |
| 2006 | 7.04% | 1.73% |
| 2005 | 7.78% | 1.73% |
| 2004 | 6.87% | 1.82% |
| 2003 | 6.47% | 1.47% |
| 2002 | 3.36% | 1.70% |
| 2001 | 6.96% | 1.25% |
| 2000 | 5.52% | 1.15% |
| 1999 | 0.50% | 0.24% |
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