# 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) 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.

7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) vs State Street SPDR S&P 500 ETF Trust (SPY) total return over 5Y: RZC +33.18%, SPY +91.24%. Regime RZC BULL · SPY BULL. As of Oct 12, 2026. Research only.

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

## Window

| Symbol | Window % | Worst drawdown | YTD |
|---|---:|---:|---:|
| RZC | +33.18% | -4.75% | +3.09% |
| SPY | +91.24% | -24.49% | +14.79% |

## Periods (calendar lookback)

| Symbol | 1Y | 2Y | 3Y | 5Y |
|---|---:|---:|---:|---:|
| RZC | +4.88% | +8.49% | +19.60% | — |
| SPY | +18.62% | +36.24% | +86.06% | +91.24% |

## Annual

| Year | RZC | SPY |
|---|---:|---:|
| YTD | +3.09% | +14.79% |
| 2025 | +5.09% | +18.01% |
| 2024 | +6.59% | +25.59% |
| 2023 | +9.48% | +26.73% |
| 2022 | +4.81% | -18.64% |
| 2021 | — | +9.53% |

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Research context only. Not personalized investment advice.