# Apollo Commercial Real Estate Finance, Inc. (ARI) vs State Street SPDR S&P 500 ETF Trust (SPY) · total-return overlay

LOPJLB holding-return compare (5Y). Dividends and splits. Each path starts at 0% from the first adjusted close in the window.

Apollo Commercial Real Estate Finance, Inc. (ARI) vs State Street SPDR S&P 500 ETF Trust (SPY) total return over 5Y: ARI +53.91%, SPY +91.57%. Regime ARI BEAR · SPY BULL. As of Oct 9, 2026. Research only.

- Interactive: https://www.lopjlb.com/vs/ARI/SPY
- API: `GET /bff/api/bigfive/compare-series?symbols=ARI%2CSPY&range=5y`

## Window

| Symbol | Window % | Worst drawdown | YTD |
|---|---:|---:|---:|
| ARI | +53.91% | -39.55% | +39.16% |
| SPY | +91.57% | -24.49% | +14.86% |

## Periods (calendar lookback)

| Symbol | 1Y | 2Y | 3Y | 5Y |
|---|---:|---:|---:|---:|
| ARI | +44.61% | +81.20% | +75.63% | +53.91% |
| SPY | +17.26% | +38.01% | +86.77% | +91.57% |

## Annual

| Year | ARI | SPY |
|---|---:|---:|
| YTD | +39.16% | +14.86% |
| 2025 | +22.03% | +18.01% |
| 2024 | -15.63% | +25.59% |
| 2023 | +23.51% | +26.73% |
| 2022 | -7.47% | -18.64% |
| 2021 | -10.50% | +9.65% |

---

Research context only. Not personalized investment advice.