HBAN vs SPY: Huntington Bancshares Inc. vs SPDR S&P 500 ETF Trust Historical Returns & Investment Comparison
This HBAN vs SPY comparison analyzes the historical stock performance of Huntington Bancshares Inc. and SPDR S&P 500 ETF Trust side-by-side. Using real, adjusted market data, this tool shows how identical investments in both stocks would have performed over time—highlighting differences in returns, volatility, and consistency across market cycles.
Use the interactive calculator below to adjust the investment amount and time period, visualizing how Huntington Bancshares Inc. and SPDR S&P 500 ETF Trust have historically performed against each other.
Compare Stock Performance
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Performance Summary
$10,000 invested from 1986 to 2025 (40 years)
Head-to-Head Record
Over the 33-year comparison period, Huntington Bancshares Inc. outperformed SPDR S&P 500 ETF Trust in 14 years, while SPDR S&P 500 ETF Trust outperformed Huntington Bancshares Inc. in 19 years.
HBAN - Huntington Bancshares Inc.
SPY - SPDR S&P 500 ETF Trust
Overall Winner: SPY with an average annual return of 11.71% (vs 10.49% for HBAN)
Understanding HBAN vs SPY Performance
When comparing Huntington Bancshares Inc. and SPDR S&P 500 ETF Trust, investors should consider multiple factors beyond just total returns. Volatility, consistency of growth, dividend payments, and sector-specific risks all play crucial roles in determining which stock might be better suited for your investment strategy and risk tolerance.
Historical performance data shows how each stock responded to market downturns, economic expansions, and company-specific events. While past performance doesn't guarantee future results, understanding these patterns can help inform investment decisions and portfolio allocation strategies.
Cumulative Growth Comparison
A $10,000 investment in Huntington Bancshares Inc. grew to $110,235, compared to $250,597 for SPDR S&P 500 ETF Trust over the same period.
Year-by-Year Comparison
| Year | HBAN Return | HBAN Cumulative | SPY Return | SPY Cumulative | Difference | Winner |
|---|---|---|---|---|---|---|
| 1986 (Start) | - | $10,000.00 | - | $10,000.00 | - | Initial Investment |
| 1987 | -6.93% | $9,307.42 | - | - | - | Tie |
| 1988 | -10.55% | $8,325.61 | - | - | - | Tie |
| 1989 | +14.89% | $9,564.99 | - | - | - | Tie |
| 1990 | +38.28% | $13,226.70 | - | - | - | Tie |
| 1991 | -36.71% | $8,371.29 | - | - | - | Tie |
| 1992 | +80.17% | $15,082.67 | - | - | - | Tie |
| 1993 | +52.03% | $22,930.22 | - | - | - | Tie |
| 1994 | +9.80% | $25,176.38 | +8.71% | $10,870.91 | +1.09% (HBAN) | HBAN |
| 1995 | -2.62% | $24,517.28 | +0.67% | $10,943.47 | -3.29% (SPY) | SPY |
| 1996 | +48.04% | $36,294.42 | +37.39% | $15,035.16 | +10.65% (HBAN) | HBAN |
| 1997 | +27.04% | $46,109.01 | +21.20% | $18,223.19 | +5.84% (HBAN) | HBAN |
| 1998 | +55.73% | $71,804.22 | +33.14% | $24,261.81 | +22.59% (HBAN) | HBAN |
| 1999 | -7.60% | $66,344.74 | +28.03% | $31,063.11 | -35.64% (SPY) | SPY |
| 2000 | -10.23% | $59,558.77 | +20.66% | $37,482.18 | -30.89% (SPY) | SPY |
| 2001 | -16.98% | $49,447.33 | -8.85% | $34,165.23 | -8.13% (SPY) | SPY |
| 2002 | +12.42% | $55,588.59 | -10.13% | $30,703.75 | +22.55% (HBAN) | HBAN |
| 2003 | +12.10% | $62,314.05 | -22.42% | $23,820.14 | +34.52% (HBAN) | HBAN |
| 2004 | +20.12% | $74,850.25 | +24.18% | $29,580.86 | -4.07% (SPY) | SPY |
| 2005 | +14.63% | $85,800.35 | +10.75% | $32,760.13 | +3.88% (HBAN) | HBAN |
| 2006 | -0.15% | $85,672.52 | +5.32% | $34,504.59 | -5.47% (SPY) | SPY |
| 2007 | +2.27% | $87,618.94 | +13.84% | $39,281.03 | -11.57% (SPY) | SPY |
| 2008 | -34.99% | $56,965.17 | +5.33% | $41,375.53 | -40.32% (SPY) | SPY |
| 2009 | -42.39% | $32,815.49 | -36.24% | $26,382.38 | -6.16% (SPY) | SPY |
| 2010 | -53.57% | $15,237.25 | +22.65% | $32,359.23 | -76.22% (SPY) | SPY |
| 2011 | +87.95% | $28,638.04 | +13.14% | $36,610.39 | +74.81% (HBAN) | HBAN |
| 2012 | -21.31% | $22,535.39 | +0.85% | $36,922.44 | -22.16% (SPY) | SPY |
| 2013 | +16.40% | $26,231.62 | +14.17% | $42,154.69 | +2.23% (HBAN) | HBAN |
| 2014 | +50.32% | $39,430.98 | +29.00% | $54,380.19 | +21.32% (HBAN) | HBAN |
| 2015 | +12.66% | $44,423.61 | +14.56% | $62,298.86 | -1.90% (SPY) | SPY |
| 2016 | +7.72% | $47,851.41 | +1.29% | $63,101.60 | +6.43% (HBAN) | HBAN |
| 2017 | +27.04% | $60,791.82 | +13.59% | $71,674.43 | +13.46% (HBAN) | HBAN |
| 2018 | +12.15% | $68,178.31 | +20.78% | $86,569.38 | -8.63% (SPY) | SPY |
| 2019 | -15.49% | $57,618.91 | -5.25% | $82,026.91 | -10.24% (SPY) | SPY |
| 2020 | +29.36% | $74,532.98 | +31.09% | $107,527.02 | -1.73% (SPY) | SPY |
| 2021 | -10.53% | $66,685.46 | +17.24% | $126,059.55 | -27.76% (SPY) | SPY |
| 2022 | +27.76% | $85,198.42 | +30.51% | $164,514.60 | -2.74% (SPY) | SPY |
| 2023 | -6.67% | $79,515.79 | -18.65% | $133,838.54 | +11.98% (HBAN) | HBAN |
| 2024 | -4.72% | $75,762.33 | +26.71% | $169,585.78 | -31.43% (SPY) | SPY |
| 2025 | +32.26% | $100,201.90 | +25.59% | $212,981.61 | +6.67% (HBAN) | HBAN |
| 2026 | +10.01% | $110,234.92 | +17.66% | $250,597.02 | -7.65% (SPY) | SPY |
Annual returns include dividends and stock splits. Cumulative values show growth of $10,000 invested from the first year. Positive difference means HBAN outperformed SPY that year.
Company Profiles
Huntington Bancshares Inc.
HBAN
Huntington Bancshares Inc. is a regional bank holding company providing a full range of banking products and services to consumers, small and middle-market businesses, corporations, and municipalities. Its services include commercial banking, consumer banking, vehicle finance, mortgage banking, and wealth management. Huntington operates a large branch network and ATM presence across the Midwest and other regions, focusing on building deep customer relationships and supporting local communities.
Key Innovations
- ✓Focus on 'Fair Play' banking, offering customer-friendly policies like 24-hour grace for overdrafts and early access to direct deposits.
- ✓Invests in digital capabilities and mobile banking solutions to provide convenient and accessible services to its diverse customer base.
Business Segments
- Consumer and Business BankingOffers deposit accounts, lending products, and financial services to individuals and small businesses through its branch network and digital channels.
- Commercial BankingProvides comprehensive banking solutions, including lending, treasury management, and capital markets services, to middle-market and large corporate clients.
- Vehicle FinanceOffers indirect auto loans through dealerships and direct-to-consumer auto lending.
SPDR S&P 500 ETF Trust
SPY
SPY is the first exchange-traded fund (ETF) listed in the US. It is designed to track the S&P 500 Index, which measures the performance of the large-cap segment of the US equity market.
Key Innovations
- ✓First US-listed ETF
Business Segments
- ETFPassive investment vehicle tracking the S&P 500.
How This Comparison Works
Our stock comparison tool uses adjusted closing prices to calculate year-by-year returns for both stocks. This ensures an apples-to-apples comparison that accounts for:
- ✓Dividends: All dividend payments are reinvested
- ✓Stock splits: Historical prices are adjusted for all splits
- ✓Head-to-head record: Shows which stock outperformed each year
- ✓Statistical analysis: Average returns, best/worst years, and win rates
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Important Disclaimer
This comparison tool is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Past performance is not indicative of future results. Historical returns include dividends and stock splits but do not account for taxes, fees, inflation, or individual circumstances. Stock market investments carry risk, including the potential loss of principal. Always consult with a qualified financial advisor before making investment decisions. The data presented is based on historical market data and may contain inaccuracies or delays.