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WAB vs SPY

Comparison between Westinghouse Air Brake Technologies Corp (WAB, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceWAB has outperformed SPY, delivering a return of +27.2% compared to +13.3%

WAB vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap / Net Assets
WAB
$46B
Winner
SPY
$652B
Expense Ratio
WAB
N/A
SPY
0.09%
Max Drawdown
WAB
64.41%
Winner
SPY
56.47%
Sharpe Ratio
WAB
1.42
Winner
SPY
2.07
5Y Beta
WAB
1.09
Winner
SPY
1.00
Industry
WAB
Railroads
SPY
N/A
P/E Ratio
WAB
38.13
Winner
SPY
28.24
Forward P/E
WAB
24.10
Winner
SPY
21.85
PEG Ratio
WAB
3.58
SPY
N/A
Dividend Yield
WAB
0.40%
SPY
N/A
5Y Dividends CAGR
Winner
WAB
22.24%
SPY
5.43%
5Y EPS CAGR
Winner
WAB
26.56%
SPY
25.79%
Debt to Equity
WAB
58.88%
Winner
SPY
22.35%
Free Cash Flow Yield
WAB
3.27%
SPY
N/A
P/S Ratio
WAB
3.99
Winner
SPY
3.55
P/B Ratio
Winner
WAB
4.01
SPY
5.29

WAB vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
WAB
-1.46%
Winner
SPY
+9.11%
3M
Winner
WAB
+8.70%
SPY
+6.59%
6M
Winner
WAB
+29.10%
SPY
+10.56%
1Y
Winner
WAB
+39.25%
SPY
+32.04%
5Y(CAGR)
Winner
WAB
+27.21%
SPY
+13.35%
10Y(CAGR)
WAB
+13.66%
Winner
SPY
+15.49%
Max(CAGR)
Winner
WAB
+13.87%
SPY
+8.50%

WAB vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearWABSPY
2026+23.00%+8.27%
2025+13.53%+18.00%
2024+51.34%+25.59%
2023+28.02%+26.72%
2022+8.84%-18.64%
2021+27.49%+30.52%
2020-8.92%+17.28%
2019+10.51%+31.09%
2018-14.83%-5.24%
2017-2.54%+20.78%
2016+18.90%+13.59%
2015-18.10%+1.31%
2014+18.90%+14.56%
2013+67.27%+29.00%
2012+26.68%+14.17%
2011+31.85%+0.85%
2010+26.89%+13.14%
2009+2.57%+22.67%
2008+18.45%-36.25%
2007+15.08%+5.32%
2006+12.41%+13.85%
2005+29.25%+5.32%
2004+25.70%+10.75%
2003+20.87%+24.18%
2002+14.58%-22.42%
2001+9.67%-10.13%
2000-31.40%-8.84%
1999-4.62%+8.61%

WAB vs SPY Drawdown Comparison

The maximum drawdown for WAB was -64.08%, occurring on Mar 20, 2020. Recovery took 1215 trading sessions.

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

The current WAB drawdown is -1.93%.

RankWABSPY
#1-64.08%
Sep 7, 2018 - Jul 10, 2023
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-60.84%
Aug 28, 2008 - Mar 28, 2011
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-57.01%
Nov 29, 1999 - Oct 6, 2004
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-40.72%
Jul 30, 2015 - Jun 6, 2018
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-36.40%
May 9, 2006 - Jul 17, 2007
-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-29.87%
Apr 28, 2011 - Jan 10, 2012
-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-27.32%
Jul 19, 2007 - Apr 24, 2008
-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-25.11%
Nov 17, 2004 - Jul 11, 2005
-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-23.55%
Jan 30, 2025 - Jun 30, 2025
-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-17.03%
Aug 1, 2023 - Dec 1, 2023
-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-16.21%
Jul 24, 2014 - Oct 31, 2014
-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-14.70%
Apr 18, 2012 - Jul 27, 2012
-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-13.40%
Jun 25, 2008 - Jul 14, 2008
-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-13.29%
Jul 23, 2025 - Dec 4, 2025
-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-13.22%
Mar 7, 2014 - Jun 17, 2014
-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between WAB and SPY is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94
-101

Dividend Comparison (1999 - 2026)

WAB vs SPY dividend yield comparison.

YearWABSPY
20260.12%0.24%
20250.47%1.07%
20240.42%1.21%
20230.54%1.40%
20220.60%1.65%
20210.52%1.20%
20200.66%1.52%
20190.62%1.75%
20180.68%2.04%
20170.54%1.80%
20160.43%2.03%
20150.39%2.06%
20140.23%1.87%
20130.18%1.81%
20120.18%2.18%
20110.11%2.05%
20100.08%1.80%
20090.10%1.95%
20080.10%3.02%
20070.12%1.85%
20060.13%1.73%
20050.15%1.73%
20040.19%1.82%
20030.23%1.47%
20020.28%1.70%
20010.33%1.25%
20000.34%1.15%
19990.06%0.24%

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