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CHPT vs. SPY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CHPT vs. SPY

Last updated Jun 5, 2026

CHPT (ChargePoint Holdings, Inc.) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, CHPT returned -56.95%/yr vs 13.91%/yr for SPY. At a 0.41 correlation, their price movements are largely independent.

Performance

CHPT vs. SPY - Performance Comparison

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

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Returns By Period

In the year-to-date period, CHPT achieves a 25.15% return, which is significantly higher than SPY's 11.33% return.

CHPT

1D
9.20%
1M
31.28%
YTD
25.15%
6M
-2.46%
1Y
-52.43%
3Y*
-63.79%
5Y*
-56.95%
10Y*
—

SPY

1D
0.38%
1M
4.60%
YTD
11.33%
6M
11.25%
1Y
28.50%
3Y*
22.58%
5Y*
13.91%
10Y*
15.48%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CHPT vs. SPY - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
CHPT
ChargePoint Holdings, Inc.		25.15%-68.97%-54.27%-75.45%-49.97%-52.47%308.98%0.41%
SPY
State Street SPDR S&P 500 ETF		11.33%17.72%24.89%26.18%-18.18%28.73%18.33%8.25%

Correlation

The correlation between CHPT and SPY is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.50

Correlation (3Y)
Calculated over the trailing 3-year period

0.44

Correlation (5Y)
Calculated over the trailing 5-year period

0.47

Correlation (All Time)
Calculated using the full available price history since Sep 17, 2019

0.41

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ChargePoint Holdings, Inc.

State Street SPDR S&P 500 ETF

Often compared with CHPT:
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Often compared with SPY:
SPY vs. QQQSPY vs. VOOSPY vs. BRK-BSPY vs. RSPSPY vs. VTISPY vs. SCHDSPY vs. GLD

Return for Risk

CHPT vs. SPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CHPT
CHPT Risk / Return Rank: 1414
Overall Rank
CHPT Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
CHPT Sortino Ratio Rank: 1212
Sortino Ratio Rank
CHPT Omega Ratio Rank: 1313
Omega Ratio Rank
CHPT Calmar Ratio Rank: 1515
Calmar Ratio Rank
CHPT Martin Ratio Rank: 1919
Martin Ratio Rank
SPY
SPY Risk / Return Rank: 7474
Overall Rank
SPY Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
SPY Sortino Ratio Rank: 7474
Sortino Ratio Rank
SPY Omega Ratio Rank: 7575
Omega Ratio Rank
SPY Calmar Ratio Rank: 6666
Calmar Ratio Rank
SPY Martin Ratio Rank: 7878
Martin Ratio Rank
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.

CHPT vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ChargePoint Holdings, Inc. (CHPT) 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.

CHPTSPYDifference
Sharpe ratioReturn per unit of total volatility
-0.74
2.42

-3.16

Sortino ratioReturn per unit of downside risk
-0.94
3.29

-4.23

Omega ratioGain probability vs. loss probability

0.89

1.44

-0.55

Calmar ratioReturn relative to maximum drawdown

-0.72

3.22

-3.95

Martin ratioReturn relative to average drawdown

-1.08

14.99

-16.07

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHPT vs. SPY - Sharpe Ratio Comparison

The current CHPT Sharpe Ratio is -0.74, which is lower than the SPY Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of CHPT and SPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

CHPTSPYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.74

2.42

-3.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.72

0.82

-1.54

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.87

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.49

0.59

-1.08

Drawdowns

CHPT vs. SPY - Drawdown Comparison

The maximum CHPT drawdown since its inception was -99.51%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CHPT and SPY.

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Drawdown Indicators

CHPTSPYDifference

Max Drawdown

Largest peak-to-trough decline

-99.51%

-55.19%

-44.32%

Max Drawdown (1Y)

Largest decline over 1 year

-72.61%

-8.88%

-63.73%

Max Drawdown (3Y)

Largest decline over 3 years

-97.69%

-18.76%

-78.93%

Max Drawdown (5Y)

Largest decline over 5 years

-99.37%

-24.50%

-74.87%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.72%

—

Current Drawdown

Current decline from peak

-99.10%

-0.33%

-98.77%

Average Drawdown

Average peak-to-trough decline

-64.87%

-9.05%

-55.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

51.37%

1.91%

+49.46%

Volatility

CHPT vs. SPY - Volatility Comparison

ChargePoint Holdings, Inc. (CHPT) has a higher volatility of 20.13% compared to State Street SPDR S&P 500 ETF (SPY) at 2.79%. This indicates that CHPT'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.

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Volatility by Period

CHPTSPYDifference

Volatility (1M)

Calculated over the trailing 1-month period

20.13%

2.79%

+17.34%

Volatility (6M)

Calculated over the trailing 6-month period

48.68%

8.91%

+39.77%

Volatility (1Y)

Calculated over the trailing 1-year period

72.59%

11.82%

+60.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

79.41%

17.05%

+62.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

76.80%

17.93%

+58.87%

Dividends

CHPT vs. SPY - Dividend Comparison

CHPT has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.98%.

PositionTTM20252024202320222021202020192018201720162015
CHPT
ChargePoint Holdings, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
State Street SPDR S&P 500 ETF		0.98%1.07%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%

Frequently Asked Questions

CHPT and SPY have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CHPT has higher volatility (20.13%) compared to SPY (2.79%). In terms of maximum drawdown, CHPT dropped -99.51% vs SPY's -55.19%.

SPY currently has the higher Sharpe Ratio (2.42 vs -0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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