# Saratoga Investment Corp. (SAR) 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.

Saratoga Investment Corp. (SAR) vs State Street SPDR S&P 500 ETF Trust (SPY) total return over 5Y: SAR +3.61%, SPY +88.93%. Regime SAR BEAR · SPY BULL. As of Oct 5, 2026. Research only.

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

## Window

| Symbol | Window % | Worst drawdown | YTD |
|---|---:|---:|---:|
| SAR | +3.61% | -26.67% | -20.38% |
| SPY | +88.93% | -24.49% | +14.31% |

## Periods (calendar lookback)

| Symbol | 1Y | 2Y | 3Y | 5Y |
|---|---:|---:|---:|---:|
| SAR | -20.99% | -4.56% | +4.05% | +3.61% |
| SPY | +16.62% | +39.61% | +89.28% | +88.93% |

## Annual

| Year | SAR | SPY |
|---|---:|---:|
| YTD | -20.38% | +14.31% |
| 2025 | +9.36% | +18.01% |
| 2024 | +7.04% | +25.59% |
| 2023 | +11.05% | +26.73% |
| 2022 | -3.89% | -18.64% |
| 2021 | +0.03% | +8.66% |

---

Research context only. Not personalized investment advice.