WLK vs SPY

Comparison between Westlake Corporation (WLK, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed WLK, delivering a return of +13.3% compared to -0.4%

WLK vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WLK(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$13B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	75.85%	56.47%
Sharpe Ratio	0.60	2.07
5Y Beta	1.02	1.00
Industry	Specialty Chemicals	N/A
P/E Ratio	-11.30	28.24
Forward P/E	26.95	21.85
PEG Ratio	1.70	N/A
Dividend Yield	2.17%	N/A
5Y Dividends CAGR	19.74%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	65.17%	22.35%
Free Cash Flow Yield	-3.97%	N/A
P/S Ratio	1.17	3.55
P/B Ratio	1.67	5.29

Market Cap / Net Assets

WLK

$13B

Winner

SPY

$652B

Expense Ratio

WLK

N/A

SPY

0.09%

Max Drawdown

WLK

75.85%

Winner

SPY

56.47%

Sharpe Ratio

WLK

0.60

Winner

SPY

2.07

5Y Beta

WLK

1.02

Winner

SPY

1.00

Industry

WLK

Specialty Chemicals

SPY

N/A

P/E Ratio

Winner

WLK

-11.30

SPY

28.24

Forward P/E

WLK

26.95

Winner

SPY

21.85

PEG Ratio

WLK

1.70

SPY

N/A

Dividend Yield

WLK

2.17%

SPY

N/A

5Y Dividends CAGR

Winner

WLK

19.74%

SPY

5.43%

5Y EPS CAGR

WLK

N/A

SPY

25.79%

Debt to Equity

WLK

65.17%

Winner

SPY

22.35%

Free Cash Flow Yield

WLK

-3.97%

SPY

N/A

P/S Ratio

Winner

WLK

1.17

SPY

3.55

P/B Ratio

Winner

WLK

1.67

SPY

5.29

WLK vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	WLK	SPY
1 month	-22.32%	+9.11%
3 months	-2.23%	+6.59%
6 months	+46.46%	+10.56%
1 year	+19.83%	+32.04%
5 years(CAGR)	-0.38%	+13.35%
10 years(CAGR)	+9.10%	+15.49%
Max(CAGR)	+14.00%	+8.50%

WLK

-22.32%

Winner

SPY

+9.11%

WLK

-2.23%

Winner

SPY

+6.59%

Winner

WLK

+46.46%

SPY

+10.56%

WLK

+19.83%

Winner

SPY

+32.04%

5Y(CAGR)

WLK

-0.38%

Winner

SPY

+13.35%

10Y(CAGR)

WLK

+9.10%

Winner

SPY

+15.49%

Max(CAGR)

Winner

WLK

+14.00%

SPY

+8.50%

WLK vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	WLK	SPY
2026	+27.22%	+8.27%
2025	-32.29%	+18.00%
2024	-17.35%	+25.59%
2023	+43.13%	+26.72%
2022	+6.44%	-18.64%
2021	+20.44%	+30.52%
2020	+20.33%	+17.28%
2019	+5.66%	+31.09%
2018	-38.75%	-5.24%
2017	+88.01%	+20.78%
2016	+6.09%	+13.59%
2015	-10.94%	+1.31%
2014	+2.29%	+14.56%
2013	+47.94%	+29.00%
2012	+106.60%	+14.17%
2011	-7.65%	+0.85%
2010	+72.45%	+13.14%
2009	+51.30%	+22.67%
2008	-13.26%	-36.25%
2007	-40.35%	+5.32%
2006	+8.56%	+13.85%
2005	-13.32%	+5.32%
2004	+128.15%	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

WLK vs SPY Drawdown Comparison

The maximum drawdown for WLK was -75.15%, occurring on Mar 16, 2020. Recovery took 958 trading sessions.

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

The current WLK drawdown is -39.58%.

Rank	WLK	SPY
#1	-75.15% May 21, 2018 - Mar 10, 2022	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-71.30% Feb 16, 2007 - Nov 4, 2010	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-64.19% Apr 9, 2024 - Nov 20, 2025	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-58.30% Sep 3, 2014 - Nov 20, 2017	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-51.04% Apr 26, 2011 - Mar 27, 2012	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-41.41% May 4, 2022 - Dec 14, 2023	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-39.81% Mar 9, 2005 - Feb 14, 2007	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-26.33% Mar 27, 2012 - Aug 6, 2012	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-19.12% Mar 20, 2013 - Jun 14, 2013	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-12.32% Mar 9, 2018 - May 16, 2018	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-12.27% Jan 4, 2011 - Feb 14, 2011	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-12.06% Nov 6, 2012 - Dec 7, 2012	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-10.88% Dec 1, 2004 - Dec 22, 2004	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-10.82% Mar 25, 2022 - Apr 19, 2022	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-10.57% Jan 26, 2018 - Mar 5, 2018	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between WLK and SPY is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (1999 - 2026)

WLK vs SPY dividend yield comparison.

Year	WLK	SPY
2026	0.56%	0.24%
2025	2.85%	1.07%
2024	1.79%	1.21%
2023	1.12%	1.40%
2022	1.28%	1.65%
2021	1.17%	1.20%
2020	1.31%	1.52%
2019	1.46%	1.75%
2018	1.39%	2.04%
2017	0.75%	1.80%
2016	1.33%	2.03%
2015	1.28%	2.06%
2014	0.85%	1.87%
2013	0.68%	1.81%
2012	5.62%	2.18%
2011	0.68%	2.05%
2010	0.56%	1.80%
2009	0.89%	1.95%
2008	1.26%	3.02%
2007	0.95%	1.85%
2006	0.44%	1.73%
2005	0.34%	1.73%
2004	0.06%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%