PLNT vs. SPY
PLNT (Planet Fitness, 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 10 years, PLNT returned 12.24%/yr vs 15.07%/yr for SPY. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
PLNT vs. SPY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLNT achieves a -48.46% return, which is significantly lower than SPY's 10.13% return. Over the past 10 years, PLNT has underperformed SPY with an annualized return of 12.24%, while SPY has yielded a comparatively higher 15.07% annualized return.
PLNT
- 1D
- -0.13%
- 1M
- 4.60%
- 6M
- -38.59%
- YTD
- -48.46%
- 1Y
- -48.04%
- 3Y*
- -6.03%
- 5Y*
- -5.76%
- 10Y*
- 12.24%
- ALL TIME*
- 14.41%
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) |
|---|---|---|---|
| $108.06M | $92.30M | $130.27M | |
| $37.27B | $35.99B | $39.23B |
PLNT vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLNT Planet Fitness, Inc. | -48.46% | 9.71% | 35.44% | -7.36% | -13.01% | 16.68% | 3.95% | 39.28% | 54.84% | 72.29% |
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 PLNT and SPY is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.34 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.44 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2015 | 0.43 |
Over the past year, the correlation between PLNT and SPY has dropped to 0.17 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
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
PLNT vs. SPY — Risk / Return Rank
PLNT
SPY
PLNT vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Planet Fitness, Inc. (PLNT) 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.
| PLNT | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.59 | ||
| Sortino ratioReturn per unit of downside risk | -3.53 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 1.27 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | 2.20 | -3.01 |
| Martin ratioReturn relative to average drawdown | -1.56 | 9.40 | -10.96 |
Loading charts...
Drawdowns
PLNT vs. SPY - Drawdown Comparison
The maximum PLNT drawdown since its inception was -68.72%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PLNT and SPY.
Loading charts...
Drawdown Indicators
| PLNT | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.72% | -55.19% | -13.53% |
Max Drawdown (1Y)Largest decline over 1 year | -60.69% | -8.88% | -51.81% |
Max Drawdown (3Y)Largest decline over 3 years | -61.24% | -18.76% | -42.48% |
Max Drawdown (5Y)Largest decline over 5 years | -61.24% | -24.50% | -36.74% |
Max Drawdown (10Y)Largest decline over 10 years | -68.72% | -33.72% | -35.00% |
Current DrawdownCurrent decline from peak | -50.76% | -1.40% | -49.36% |
Average DrawdownAverage peak-to-trough decline | -15.66% | -9.01% | -6.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.21% | 2.08% | +29.13% |
Volatility
PLNT vs. SPY - Volatility Comparison
Planet Fitness, Inc. (PLNT) has a higher volatility of 8.26% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that PLNT'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
| PLNT | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.26% | 3.58% | +4.68% |
Volatility (6M)Calculated over the trailing 6-month period | 45.07% | 10.14% | +34.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.80% | 12.89% | +32.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.74% | 17.18% | +21.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.61% | 17.95% | +25.66% |
Dividends
PLNT vs. SPY - Dividend Comparison
PLNT 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLNT Planet Fitness, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 13.83% | 0.00% |
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
PLNT and SPY have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLNT has higher volatility (8.26%) compared to SPY (3.58%). In terms of maximum drawdown, PLNT dropped -68.72% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.52 vs -1.07), 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 PLNT 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