PG vs. SPY
PG (The Procter & Gamble 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, PG returned 8.59%/yr vs 14.86%/yr for SPY. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
PG vs. SPY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PG achieves a 6.02% return, which is significantly lower than SPY's 8.96% return. Over the past 10 years, PG has underperformed SPY with an annualized return of 8.59%, while SPY has yielded a comparatively higher 14.86% annualized return.
PG
- 1D
- 0.83%
- 1M
- 0.48%
- 6M
- 0.92%
- YTD
- 6.02%
- 1Y
- -3.35%
- 3Y*
- 0.94%
- 5Y*
- 4.02%
- 10Y*
- 8.59%
- ALL TIME*
- 10.14%
SPY
- 1D
- 0.02%
- 1M
- 1.39%
- 6M
- 7.26%
- YTD
- 8.96%
- 1Y
- 17.29%
- 3Y*
- 18.85%
- 5Y*
- 12.50%
- 10Y*
- 14.86%
- ALL TIME*
- 10.76%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.00B | $1.22B | $1.27B | |
| $33.26B | $34.73B | $38.70B |
PG vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 6.02% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
SPY State Street SPDR S&P 500 ETF | 8.96% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between PG and SPY is -0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 1993 | 0.43 |
The correlation between PG and SPY shifts across timeframes, from -0.07 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PG vs. SPY — Risk / Return Rank
PG
SPY
PG vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Procter & Gamble Company (PG) 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.
| PG | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.54 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.25 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 1.95 | -2.17 |
| Martin ratioReturn relative to average drawdown | -0.37 | 8.40 | -8.77 |
Loading charts...
Drawdowns
PG vs. SPY - Drawdown Comparison
The maximum PG drawdown since its inception was -54.25%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PG and SPY.
Loading charts...
Drawdown Indicators
| PG | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.25% | -55.19% | +0.94% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -8.88% | -6.64% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -18.76% | -2.39% |
Max Drawdown (5Y)Largest decline over 5 years | -23.77% | -24.50% | +0.73% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | -33.72% | +9.95% |
Current DrawdownCurrent decline from peak | -13.22% | -2.45% | -10.77% |
Average DrawdownAverage peak-to-trough decline | -12.17% | -9.02% | -3.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.98% | 2.06% | +6.92% |
Volatility
PG vs. SPY - Volatility Comparison
The Procter & Gamble Company (PG) has a higher volatility of 6.66% compared to State Street SPDR S&P 500 ETF (SPY) at 3.28%. This indicates that PG'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.
Loading charts...
Volatility by Period
| PG | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.66% | 3.28% | +3.38% |
Volatility (6M)Calculated over the trailing 6-month period | 15.67% | 9.88% | +5.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.69% | 12.70% | +6.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.09% | 17.15% | +0.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.17% | 17.94% | +1.23% |
Dividends
PG vs. SPY - Dividend Comparison
PG's dividend yield for the trailing twelve months is around 2.89%, more than SPY's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 2.89% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
SPY State Street SPDR S&P 500 ETF | 1.02% | 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
PG and SPY have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PG has higher volatility (6.66%) compared to SPY (3.28%). In terms of maximum drawdown, PG dropped -54.25% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.37 vs -0.17), 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.
Find the right allocation for PG and SPY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer