WMT vs SPY

Comparison between Walmart Inc (WMT, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceWMT has outperformed SPY, delivering a return of +24.4% compared to +13.3%

WMT vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WMT(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$1.04T	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	39.13%	56.47%
Sharpe Ratio	1.26	2.07
5Y Beta	0.48	1.00
Industry	Discount Stores	N/A
P/E Ratio	47.44	28.24
Forward P/E	44.05	21.85
PEG Ratio	0.93	N/A
Dividend Yield	0.72%	N/A
5Y Dividends CAGR	10.55%	5.43%
5Y EPS CAGR	23.21%	25.79%
Debt to Equity	38.31%	22.35%
Free Cash Flow Yield	1.44%	N/A
P/S Ratio	1.45	3.55
P/B Ratio	10.47	5.29

Market Cap / Net Assets

Winner

WMT

$1.04T

SPY

$652B

Expense Ratio

WMT

N/A

SPY

0.09%

Max Drawdown

Winner

WMT

39.13%

SPY

56.47%

Sharpe Ratio

WMT

1.26

Winner

SPY

2.07

5Y Beta

Winner

WMT

0.48

SPY

1.00

Industry

WMT

Discount Stores

SPY

N/A

P/E Ratio

WMT

47.44

Winner

SPY

28.24

Forward P/E

WMT

44.05

Winner

SPY

21.85

PEG Ratio

WMT

0.93

SPY

N/A

Dividend Yield

WMT

0.72%

SPY

N/A

5Y Dividends CAGR

Winner

WMT

10.55%

SPY

5.43%

5Y EPS CAGR

WMT

23.21%

Winner

SPY

25.79%

Debt to Equity

WMT

38.31%

Winner

SPY

22.35%

Free Cash Flow Yield

WMT

1.44%

SPY

N/A

P/S Ratio

Winner

WMT

1.45

SPY

3.55

P/B Ratio

WMT

10.47

Winner

SPY

5.29

WMT vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	WMT	SPY
1 month	+2.69%	+9.11%
3 months	+1.50%	+6.59%
6 months	+27.90%	+10.56%
1 year	+35.32%	+32.04%
5 years(CAGR)	+24.35%	+13.35%
10 years(CAGR)	+21.11%	+15.49%
Max(CAGR)	+9.45%	+8.50%

WMT

+2.69%

Winner

SPY

+9.11%

WMT

+1.50%

Winner

SPY

+6.59%

Winner

WMT

+27.90%

SPY

+10.56%

Winner

WMT

+35.32%

SPY

+32.04%

5Y(CAGR)

Winner

WMT

+24.35%

SPY

+13.35%

10Y(CAGR)

Winner

WMT

+21.11%

SPY

+15.49%

Max(CAGR)

Winner

WMT

+9.45%

SPY

+8.50%

WMT vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	WMT	SPY
2026	+16.13%	+8.27%
2025	+24.97%	+18.00%
2024	+72.19%	+25.59%
2023	+11.46%	+26.72%
2022	-0.44%	-18.64%
2021	+0.31%	+30.52%
2020	+23.23%	+17.28%
2019	+29.89%	+31.09%
2018	-3.28%	-5.24%
2017	+47.52%	+20.78%
2016	+15.74%	+13.59%
2015	-26.66%	+1.31%
2014	+11.55%	+14.56%
2013	+16.44%	+29.00%
2012	+15.87%	+14.17%
2011	+12.55%	+0.85%
2010	+1.74%	+13.14%
2009	-4.49%	+22.67%
2008	+21.61%	-36.25%
2007	+1.88%	+5.32%
2006	+1.37%	+13.85%
2005	-11.19%	+5.32%
2004	+1.95%	+10.75%
2003	+3.49%	+24.18%
2002	-12.52%	-22.42%
2001	+7.41%	-10.13%
2000	-20.11%	-8.84%
1999	+22.99%	+8.61%

WMT vs SPY Drawdown Comparison

The maximum drawdown for WMT was -37.51%, occurring on Oct 27, 2000. Recovery took 2987 trading sessions.

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

The current WMT drawdown is -2.20%.

Rank	WMT	SPY
#1	-37.51% Dec 27, 1999 - Nov 8, 2011	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-36.44% Jan 8, 2015 - Oct 10, 2017	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-25.74% Apr 21, 2022 - Jun 14, 2023	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-23.86% Jan 29, 2018 - Jun 7, 2019	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-21.93% Feb 13, 2025 - Sep 17, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-16.23% Nov 30, 2020 - Aug 16, 2021	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-14.21% Dec 17, 2019 - Mar 18, 2020	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-11.88% Oct 15, 2012 - Apr 5, 2013	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-11.48% Aug 20, 2021 - Apr 1, 2022	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-10.92% Feb 13, 2026 - Mar 20, 2026	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-10.81% Nov 15, 2023 - Feb 2, 2024	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-10.63% Apr 16, 2020 - Jul 14, 2020	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-10.35% Mar 18, 2020 - Apr 6, 2020	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-10.00% Dec 3, 2013 - Nov 10, 2014	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-9.46% May 15, 2013 - Nov 22, 2013	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between WMT and SPY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (1999 - 2026)

WMT vs SPY dividend yield comparison.

Year	WMT	SPY
2026	0.38%	0.24%
2025	0.84%	1.07%
2024	0.92%	1.21%
2023	1.45%	1.40%
2022	1.58%	1.65%
2021	1.52%	1.20%
2020	1.50%	1.52%
2019	1.78%	1.75%
2018	2.23%	2.04%
2017	2.07%	1.80%
2016	2.89%	2.03%
2015	3.20%	2.06%
2014	2.24%	1.87%
2013	2.39%	1.81%
2012	2.33%	2.18%
2011	2.44%	2.05%
2010	2.24%	1.80%
2009	2.04%	1.95%
2008	1.70%	3.02%
2007	1.85%	1.85%
2006	1.45%	1.73%
2005	1.28%	1.73%
2004	0.98%	1.82%
2003	0.68%	1.47%
2002	0.59%	1.70%
2001	0.49%	1.25%
2000	0.45%	1.15%
1999	0.07%	0.24%