DFGP vs SHM

Comparison between DIMENSIONAL GLOBAL CORE PLUS FIXED INCOME ETF (DFGP, ETF) and STATE STREET(R) SPDR NUVEEN ICE SHORT TERM MUNICIPAL BOND ETF (SHM, ETF).

DFGP vs SHM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DFGP(ETF)	SHM(ETF)
Net Assets	$3.40B	$3.50B
Expense Ratio	0.22%	0.20%
Max Drawdown	5.75%	11.61%
Sharpe Ratio	-0.29	-1.49
5Y Beta	0.07	0.01
5Y Dividends CAGR	N/A	18.61%

Net Assets

DFGP

$3.40B

Winner

SHM

$3.50B

Expense Ratio

DFGP

0.22%

Winner

SHM

0.20%

Max Drawdown

Winner

DFGP

5.75%

SHM

11.61%

Sharpe Ratio

Winner

DFGP

-0.29

SHM

-1.49

5Y Beta

DFGP

0.07

Winner

SHM

0.01

5Y Dividends CAGR

DFGP

N/A

SHM

18.61%

DFGP vs SHM - Historical Returns

Returns include dividend reinvestment.

Period	DFGP	SHM
1 month	-0.31%	+0.20%
3 months	+0.15%	+0.71%
6 months	-1.13%	-0.03%
1 year	+2.87%	+1.81%
5 years(CAGR)	N/A	+0.93%
10 years(CAGR)	N/A	+1.13%
Max(CAGR)	+5.95%	+1.79%

DFGP

-0.31%

Winner

SHM

+0.20%

DFGP

+0.15%

Winner

SHM

+0.71%

DFGP

-1.13%

Winner

SHM

-0.03%

Winner

DFGP

+2.87%

SHM

+1.81%

5Y(CAGR)

DFGP

N/A

SHM

+0.93%

10Y(CAGR)

DFGP

N/A

SHM

+1.13%

Max(CAGR)

Winner

DFGP

+5.95%

SHM

+1.79%

DFGP vs SHM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	DFGP	SHM
2026	+0.75%	+1.04%
2025	+5.82%	+3.86%
2024	+4.20%	+1.22%
2023	+6.24%	+2.81%
2022	N/A	-3.80%
2021	N/A	-0.37%
2020	N/A	+2.53%
2019	N/A	+3.60%
2018	N/A	+1.42%
2017	N/A	+1.01%
2016	N/A	-0.49%
2015	N/A	+1.13%
2014	N/A	+1.01%
2013	N/A	+1.27%
2012	N/A	+1.32%
2011	N/A	+3.76%
2010	N/A	+1.19%
2009	N/A	+4.28%
2008	N/A	+5.83%
2007	N/A	+1.61%

DFGP vs SHM Drawdown Comparison

The maximum drawdown for DFGP was -3.24%, occurring on Mar 27, 2026. Recovery took 81 trading sessions.

The maximum drawdown for SHM was -11.61%, occurring on Mar 19, 2020. Recovery took 50 trading sessions.

The current DFGP drawdown is -1.44%. The current SHM drawdown is -0.09%.

Rank	DFGP	SHM
#1	-3.24% Feb 27, 2026 - Jun 25, 2026	-11.61% Mar 9, 2020 - May 19, 2020
#2	-3.04% Sep 16, 2024 - Feb 26, 2025	-6.97% Sep 23, 2008 - Dec 5, 2008
#3	-2.71% Mar 3, 2025 - Jun 4, 2025	-6.67% Aug 3, 2021 - Sep 5, 2024
#4	-2.27% Mar 28, 2024 - Jun 4, 2024	-3.50% Aug 31, 2010 - May 6, 2011
#5	-1.92% Feb 1, 2024 - Mar 27, 2024	-3.07% Feb 13, 2008 - Mar 18, 2008
#6	-1.53% Jun 29, 2026 - Jul 31, 2026	-2.70% Aug 22, 2016 - Aug 2, 2017
#7	-1.36% Dec 27, 2023 - Feb 1, 2024	-2.63% Apr 23, 2013 - Oct 23, 2013
#8	-1.31% Jun 25, 2024 - Jul 10, 2024	-2.07% Sep 5, 2017 - Jan 11, 2019
#9	-1.14% Oct 27, 2025 - Jan 29, 2026	-1.87% Feb 13, 2009 - Apr 16, 2009
#10	-0.94% Jul 1, 2025 - Jul 29, 2025	-1.75% Mar 18, 2008 - Aug 15, 2008
#11	-0.89% Aug 2, 2024 - Aug 14, 2024	-1.67% Sep 6, 2011 - Jan 11, 2012
#12	-0.88% Jun 6, 2024 - Jun 13, 2024	-1.67% Apr 4, 2025 - Jun 12, 2025
#13	-0.62% Jul 16, 2024 - Jul 29, 2024	-1.31% Oct 3, 2024 - Feb 25, 2025
#14	-0.61% Nov 8, 2023 - Nov 14, 2023	-1.24% Sep 17, 2008 - Sep 23, 2008
#15	-0.59% Jun 4, 2025 - Jun 11, 2025	-1.13% Feb 26, 2026 - Jul 6, 2026

Correlation

Correlation between DFGP and SHM is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2007 - 2026)

DFGP vs SHM dividend yield comparison.

Year	DFGP	SHM
2026	2.24%	1.56%
2025	3.45%	2.61%
2024	4.51%	2.06%
2023	0.62%	1.15%
2022	0.00%	0.69%
2021	0.00%	0.86%
2020	0.00%	1.24%
2019	0.00%	1.40%
2018	0.00%	1.23%
2017	0.00%	1.06%
2016	0.00%	0.94%
2015	0.00%	0.92%
2014	0.00%	0.93%
2013	0.00%	0.97%
2012	0.00%	1.40%
2011	0.00%	1.60%
2010	0.00%	1.91%
2009	0.00%	2.03%
2008	0.00%	2.59%
2007	0.00%	0.72%