GT vs. SPY
GT (The Goodyear Tire & Rubber Company) 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 10 years, GT returned -12.10%/yr vs 15.07%/yr for SPY. Their 0.51 correlation means they have sometimes moved together and sometimes differently.
Performance
GT vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, GT achieves a -20.66% return, which is significantly lower than SPY's 10.13% return. Over the past 10 years, GT has underperformed SPY with an annualized return of -12.10%, while SPY has yielded a comparatively higher 15.07% annualized return.
GT
- 1D
- -1.84%
- 1M
- 5.46%
- 6M
- -26.14%
- YTD
- -20.66%
- 1Y
- -31.12%
- 3Y*
- -24.27%
- 5Y*
- -15.05%
- 10Y*
- -12.10%
- ALL TIME*
- -0.41%
SPY
- 1D
- 0.72%
- 1M
- 0.30%
- 6M
- 8.53%
- YTD
- 10.13%
- 1Y
- 21.49%
- 3Y*
- 19.32%
- 5Y*
- 12.76%
- 10Y*
- 15.07%
- ALL TIME*
- 10.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $55.08M | $73.99M | $64.15M | |
| $37.27B | $35.99B | $39.23B |
GT vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GT The Goodyear Tire & Rubber Company | -20.66% | -2.67% | -37.15% | 41.08% | -52.39% | 95.42% | -29.05% | -20.86% | -35.38% | 6.07% |
SPY State Street SPDR S&P 500 ETF | 10.13% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between GT and SPY is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.52 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 1993 | 0.51 |
Over the past year, the correlation between GT and SPY has dropped to 0.30 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.
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Return for Risk
GT vs. SPY — Risk / Return Rank
GT
SPY
GT vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Goodyear Tire & Rubber Company (GT) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GT | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.20 | ||
| Sortino ratioReturn per unit of downside risk | -2.89 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.27 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | 2.20 | -2.89 |
| Martin ratioReturn relative to average drawdown | -1.14 | 9.40 | -10.54 |
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Drawdowns
GT vs. SPY - Drawdown Comparison
The maximum GT drawdown since its inception was -94.50%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GT and SPY.
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Drawdown Indicators
| GT | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.50% | -55.19% | -39.31% |
Max Drawdown (1Y)Largest decline over 1 year | -47.06% | -8.88% | -38.18% |
Max Drawdown (3Y)Largest decline over 3 years | -62.80% | -18.76% | -44.04% |
Max Drawdown (5Y)Largest decline over 5 years | -76.88% | -24.50% | -52.38% |
Max Drawdown (10Y)Largest decline over 10 years | -86.55% | -33.72% | -52.83% |
Current DrawdownCurrent decline from peak | -87.76% | -1.40% | -86.36% |
Average DrawdownAverage peak-to-trough decline | -48.80% | -9.01% | -39.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.48% | 2.08% | +26.40% |
Volatility
GT vs. SPY - Volatility Comparison
The Goodyear Tire & Rubber Company (GT) has a higher volatility of 14.95% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that GT'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
| GT | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.95% | 3.58% | +11.37% |
Volatility (6M)Calculated over the trailing 6-month period | 36.26% | 10.14% | +26.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.47% | 12.89% | +34.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.38% | 17.18% | +34.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.06% | 17.95% | +31.11% |
Dividends
GT vs. SPY - Dividend Comparison
GT has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.01%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GT The Goodyear Tire & Rubber Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.47% | 4.11% | 2.84% | 1.36% | 1.00% | 0.77% |
SPY State Street SPDR S&P 500 ETF | 1.01% | 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
GT and SPY have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GT has higher volatility (14.95%) compared to SPY (3.58%). In terms of maximum drawdown, GT dropped -94.50% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.52 vs -0.68), 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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