ARCB vs. SPY

Last updated Apr 1, 2026

Compare and contrast key facts about ArcBest Corporation (ARCB) and State Street SPDR S&P 500 ETF (SPY).

SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.

Performance

ARCB vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ArcBest Corporation (ARCB) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

ARCB vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARCB ArcBest Corporation	32.73%	-19.96%	-22.05%	72.43%	-41.25%	182.09%	56.54%	-18.60%	-3.44%	30.95%
SPY State Street SPDR S&P 500 ETF	-4.37%	17.72%	24.89%	26.18%	-18.18%	28.73%	18.33%	31.22%	-4.57%	21.71%

Returns By Period

In the year-to-date period, ARCB achieves a 32.73% return, which is significantly higher than SPY's -4.37% return. Over the past 10 years, ARCB has outperformed SPY with an annualized return of 17.68%, while SPY has yielded a comparatively lower 13.98% annualized return.

ARCB

• 1D: 5.25%
• 1M: -4.19%
• YTD: 32.73%
• 6M: 41.19%
• 1Y: 40.27%
• 3Y*: 2.62%
• 5Y*: 6.97%
• 10Y*: 17.68%

SPY

• 1D: 2.91%
• 1M: -4.94%
• YTD: -4.37%
• 6M: -1.82%
• 1Y: 17.59%
• 3Y*: 18.19%
• 5Y*: 11.69%
• 10Y*: 13.98%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ARCB vs. SPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARCB

ARCB Risk / Return Rank: 66
ARCB Sharpe Ratio Rank: 67
ARCB Sortino Ratio Rank: 65
ARCB Omega Ratio Rank: 62
ARCB Calmar Ratio Rank: 69
ARCB Martin Ratio Rank: 66

SPY

SPY Risk / Return Rank: 64
SPY Sharpe Ratio Rank: 56
SPY Sortino Ratio Rank: 60
SPY Omega Ratio Rank: 65
SPY Calmar Ratio Rank: 65
SPY Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARCB vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ArcBest Corporation (ARCB) and State Street SPDR S&P 500 ETF (SPY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ARCB	SPY	Difference
Sharpe ratio Return per unit of total volatility	0.71	0.93	-0.22
Sortino ratio Return per unit of downside risk	1.36	1.45	-0.09
Omega ratio Gain probability vs. loss probability	1.17	1.22	-0.06
Calmar ratio Return relative to maximum drawdown	1.30	1.53	-0.22
Martin ratio Return relative to average drawdown	2.79	7.30	-4.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARCB vs. SPY - Sharpe Ratio Comparison

The current ARCB Sharpe Ratio is 0.71, which is comparable to the SPY Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of ARCB and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ARCB	SPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.71	0.93	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	0.69	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	0.78	-0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.56	-0.43

Correlation

The correlation between ARCB and SPY is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ARCB vs. SPY - Dividend Comparison

ARCB's dividend yield for the trailing twelve months is around 0.49%, less than SPY's 1.14% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARCB ArcBest Corporation	0.49%	0.65%	0.51%	0.40%	0.63%	0.27%	0.75%	1.16%	0.93%	0.90%	1.16%	1.22%
SPY State Street SPDR S&P 500 ETF	1.14%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

Drawdowns

ARCB vs. SPY - Drawdown Comparison

The maximum ARCB drawdown since its inception was -85.88%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ARCB and SPY.

Drawdown Indicators

	ARCB	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-85.88%	-55.19%	-30.69%
Max Drawdown (1Y) Largest decline over 1 year	-30.60%	-12.05%	-18.55%
Max Drawdown (5Y) Largest decline over 5 years	-62.45%	-24.50%	-37.95%
Max Drawdown (10Y) Largest decline over 10 years	-67.85%	-33.72%	-34.13%
Current Drawdown Current decline from peak	-34.46%	-6.24%	-28.22%
Average Drawdown Average peak-to-trough decline	-33.19%	-9.09%	-24.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.26%	2.52%	+11.74%

Volatility

ARCB vs. SPY - Volatility Comparison

ArcBest Corporation (ARCB) has a higher volatility of 15.09% compared to State Street SPDR S&P 500 ETF (SPY) at 5.31%. This indicates that ARCB's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARCB	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.09%	5.31%	+9.78%
Volatility (6M) Calculated over the trailing 6-month period	34.33%	9.47%	+24.86%
Volatility (1Y) Calculated over the trailing 1-year period	57.31%	19.05%	+38.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.90%	17.06%	+32.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.67%	17.92%	+31.75%