OPY vs. SPGI
OPY (Oppenheimer Holdings Inc.) and SPGI (S&P Global Inc.) are both stocks. Both are in the Financial Services sector — OPY in Capital Markets, SPGI in Financial Data & Stock Exchanges. Over the past 10 years, OPY returned 24.70%/yr vs 15.47%/yr for SPGI. At a 0.29 correlation, their price movements are largely independent.
Performance
OPY vs. SPGI - Performance Comparison
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Returns By Period
In the year-to-date period, OPY achieves a 56.54% return, which is significantly higher than SPGI's -23.07% return. Over the past 10 years, OPY has outperformed SPGI with an annualized return of 24.70%, while SPGI has yielded a comparatively lower 15.47% annualized return.
OPY
- 1D
- 1.29%
- 1M
- 20.06%
- YTD
- 56.54%
- 6M
- 51.36%
- 1Y
- 78.45%
- 3Y*
- 44.28%
- 5Y*
- 19.31%
- 10Y*
- 24.70%
SPGI
- 1D
- -1.77%
- 1M
- -3.95%
- YTD
- -23.07%
- 6M
- -23.44%
- 1Y
- -21.58%
- 3Y*
- 1.65%
- 5Y*
- 0.29%
- 10Y*
- 15.47%
OPY vs. SPGI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OPY Oppenheimer Holdings Inc. | 56.54% | 15.55% | 57.30% | -0.89% | -7.21% | 52.69% | 20.41% | 9.39% | -3.24% | 47.70% |
SPGI S&P Global Inc. | -23.07% | 5.71% | 13.94% | 32.79% | -28.38% | 44.68% | 21.40% | 62.27% | 1.37% | 59.32% |
Correlation
The correlation between OPY and SPGI is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001 | 0.29 |
Fundamentals
OPY:
$1.20B
SPGI:
$119.09B
OPY:
$8.66
SPGI:
$15.79
OPY:
13.01
SPGI:
25.35
OPY:
0.30
SPGI:
3.31
OPY:
0.74
SPGI:
7.70
OPY:
1.26
SPGI:
3.81
OPY:
$1.72B
SPGI:
$15.73B
OPY:
$1.14B
SPGI:
$8.15B
OPY:
$255.00M
SPGI:
$7.83B
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Return for Risk
OPY vs. SPGI — Risk / Return Rank
OPY
SPGI
OPY vs. SPGI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oppenheimer Holdings Inc. (OPY) and S&P Global Inc. (SPGI). 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.
| OPY | SPGI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.97 | ||
| Sortino ratioReturn per unit of downside risk | +3.77 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.87 | +0.50 |
| Calmar ratioReturn relative to maximum drawdown | 3.72 | -0.71 | +4.43 |
| Martin ratioReturn relative to average drawdown | 8.15 | -1.31 | +9.46 |
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Drawdowns
OPY vs. SPGI - Drawdown Comparison
The maximum OPY drawdown since its inception was -87.51%, which is greater than SPGI's maximum drawdown of -74.67%. Use the drawdown chart below to compare losses from any high point for OPY and SPGI.
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Drawdown Indicators
| OPY | SPGI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.51% | -74.67% | -12.84% |
Max Drawdown (1Y)Largest decline over 1 year | -21.22% | -30.48% | +9.26% |
Max Drawdown (3Y)Largest decline over 3 years | -29.42% | -30.48% | +1.06% |
Max Drawdown (5Y)Largest decline over 5 years | -44.98% | -39.76% | -5.22% |
Max Drawdown (10Y)Largest decline over 10 years | -54.94% | -39.76% | -15.18% |
Current DrawdownCurrent decline from peak | -2.58% | -28.47% | +25.89% |
Average DrawdownAverage peak-to-trough decline | -31.48% | -15.24% | -16.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.65% | 16.55% | -6.90% |
Volatility
OPY vs. SPGI - Volatility Comparison
Oppenheimer Holdings Inc. (OPY) has a higher volatility of 10.96% compared to S&P Global Inc. (SPGI) at 8.13%. This indicates that OPY's price experiences larger fluctuations and is considered to be riskier than SPGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OPY | SPGI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.96% | 8.13% | +2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 29.71% | 24.47% | +5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.07% | 28.00% | +8.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.74% | 24.56% | +8.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.27% | 26.01% | +9.26% |
Dividends
OPY vs. SPGI - Dividend Comparison
OPY's dividend yield for the trailing twelve months is around 1.54%, more than SPGI's 0.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPY Oppenheimer Holdings Inc. | 1.54% | 2.38% | 1.03% | 1.45% | 1.42% | 3.32% | 4.71% | 1.67% | 1.72% | 1.64% | 2.37% | 2.53% |
SPGI S&P Global Inc. | 0.96% | 0.73% | 0.73% | 0.82% | 0.99% | 0.65% | 0.82% | 0.84% | 1.18% | 0.97% | 1.34% | 1.34% |
Financials
OPY vs. SPGI - Financials Comparison
This section allows you to compare key financial metrics between Oppenheimer Holdings Inc. and S&P Global Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
OPY vs. SPGI - Profitability Comparison
OPY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Oppenheimer Holdings Inc. reported a gross profit of 419.95M and revenue of 445.10M. Therefore, the gross margin over that period was 94.4%.
SPGI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported a gross profit of 0.00 and revenue of 4.17B. Therefore, the gross margin over that period was 0.0%.
OPY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Oppenheimer Holdings Inc. reported an operating income of -8.31M and revenue of 445.10M, resulting in an operating margin of -1.9%.
SPGI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported an operating income of 2.00B and revenue of 4.17B, resulting in an operating margin of 48.0%.
OPY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Oppenheimer Holdings Inc. reported a net income of -20.58M and revenue of 445.10M, resulting in a net margin of -4.6%.
SPGI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported a net income of 1.40B and revenue of 4.17B, resulting in a net margin of 33.5%.
Frequently Asked Questions
OPY and SPGI have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPY has higher volatility (10.96%) compared to SPGI (8.13%). In terms of maximum drawdown, OPY dropped -87.51% vs SPGI's -74.67%.
OPY currently has the higher Sharpe Ratio (2.19 vs -0.78), 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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