EWX vs IBMP

Comparison between STATE STREET(R) SPDR(R) S&P(R) EMERGING MARKETS SMALL CAP ETF (EWX, ETF) and ISHARES IBONDS DEC 2027 TERM MUNI BOND ETF (IBMP, ETF).

5-Year PerformanceEWX has outperformed IBMP, delivering a return of +7.1% compared to +0.6%

EWX vs IBMP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EWX(ETF)	IBMP(ETF)
Net Assets	$656M	$656M
Expense Ratio	0.65%	0.18%
Max Drawdown	63.90%	15.24%
Sharpe Ratio	0.54	-1.46
5Y Beta	0.65	0.01
5Y Dividends CAGR	9.05%	17.57%

Net Assets

Winner

EWX

$656M

IBMP

$656M

Expense Ratio

EWX

0.65%

Winner

IBMP

0.18%

Max Drawdown

EWX

63.90%

Winner

IBMP

15.24%

Sharpe Ratio

Winner

EWX

0.54

IBMP

-1.46

5Y Beta

EWX

0.65

Winner

IBMP

0.01

5Y Dividends CAGR

EWX

9.05%

Winner

IBMP

17.57%

EWX vs IBMP - Holdings Comparison

EWX and IBMP have 1 common holdings. Overlap is -0.59%

EWX's top 25 holdings weight is 6.38%. IBMP's top 25 holdings weight is 19.76%.

Rank	EWX	IBMP
#1	n/a (n/a) - 1.21%	CALIFORNIA ST 5% (n/a) - 3.07%
#2	n/a (n/a) - 0.98%	ILLINOIS ST 5% (n/a) - 1.55%
#3	GULF NAVIGATION HOLDING PJSC (n/a) - 0.23%	n/a (n/a) - 1.22%
#4	PAN AFRICAN RESOURCES PLC (PAFRF) - 0.22%	NEW YORK N Y 5% (n/a) - 0.97%
#5	INARI AMERTRON BHD (n/a) - 0.20%	WASHINGTON ST 5% (n/a) - 0.83%
#6	REDEFINE PROPERTIES LTD (n/a) - 0.19%	MASSACHUSETTS ST 5% (n/a) - 0.81%
#7	ADVANCED ECHEM MATERIALS CO LTD (n/a) - 0.19%	BLACKROCK LIQUIDITY MUNICASH INSTL (MCSXX) - 0.76%
#8	LINGBAO GOLD GROUP CO LTD CLASS H (n/a) - 0.19%	CALIFORNIA ST PUB WKS BRD LEASE REV 5% (n/a) - 0.69%
#9	PRECISION TSUGAMI (CHINA) CORP LTD (n/a) - 0.18%	GEORGIA ST 5% (n/a) - 0.65%
#10	BRAVA ENERGIA SA ORDINARY SHARES (n/a) - 0.18%	CONNECTICUT ST 5% (n/a) - 0.64%
#11	ORBIA ADVANCE CORP SAB DE CV (n/a) - 0.18%	UNIVERSITY CALIF REVS 5% (n/a) - 0.63%
#12	PIXART IMAGING INC (n/a) - 0.18%	DISTRICT COLUMBIA INCOME TAX REV 5% (n/a) - 0.62%
#13	n/a (n/a) - 0.18%	HAWAII ST 5% (n/a) - 0.62%
#14	PRIMAX ELECTRONICS LTD (n/a) - 0.18%	DISTRICT COLUMBIA 5% (n/a) - 0.62%
#15	NETCARE LTD (n/a) - 0.18%	CONNECTICUT ST SPL TAX OBLIG REV 5% (n/a) - 0.61%
#16	MOKINGRAN JEWELLERY GROUP CO LTD (n/a) - 0.18%	ENERGY NORTHWEST WASH ELEC REV 5% (n/a) - 0.58%
#17	MOTUS HOLDINGS LTD ORDINARY SHARES (n/a) - 0.18%	n/a (n/a) - 0.58%
#18	CENTURY IRON AND STEEL INDUSTRIAL CO LTD (n/a) - 0.18%	n/a (n/a) - 0.57%
#19	NATIONAL INDUSTRIES GROUP HOLDING SAK (n/a) - 0.17%	HONOLULU HAWAII CITY & CNTY 5% (n/a) - 0.57%
#20	BLACK SESAME INTERNATIONAL HOLDING LTD (n/a) - 0.17%	WISCONSIN ST 5% (n/a) - 0.55%
#21	n/a (n/a) - 0.17%	CHICAGO ILL O HARE INTL ARPT REV 5% (n/a) - 0.54%
#22	QISDA CORP (n/a) - 0.17%	n/a (n/a) - 0.53%
#23	WINWAY TECHNOLOGY CO LTD ORDINARY SHARES (n/a) - 0.17%	NEW JERSEY ST TRANSN TR FD AUTH 5% (n/a) - 0.52%
#24	BIT DIGITAL INC ORDINARY SHARES (BTBT) - 0.16%	AUSTIN TEX INDPT SCH DIST 5% (n/a) - 0.52%
#25	n/a (n/a) - 0.16%	LOS ANGELES CALIF UNI SCH DIST 5% (n/a) - 0.51%
Total Holdings	2744	705

EWX vs IBMP - Historical Returns

Returns include dividend reinvestment.

Period	EWX	IBMP
1 month	+6.70%	+0.25%
3 months	-3.25%	+0.69%
6 months	+4.37%	+0.77%
1 year	+12.69%	+2.27%
5 years(CAGR)	+7.14%	+0.61%
10 years(CAGR)	+8.52%	N/A
Max(CAGR)	+4.49%	+1.92%

Winner

EWX

+6.70%

IBMP

+0.25%

EWX

-3.25%

Winner

IBMP

+0.69%

Winner

EWX

+4.37%

IBMP

+0.77%

Winner

EWX

+12.69%

IBMP

+2.27%

5Y(CAGR)

Winner

EWX

+7.14%

IBMP

+0.61%

10Y(CAGR)

EWX

+8.52%

IBMP

N/A

Max(CAGR)

Winner

EWX

+4.49%

IBMP

+1.92%

EWX vs IBMP - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	EWX	IBMP
2026	+10.62%	+1.44%
2025	+16.17%	+3.36%
2024	+7.64%	+1.36%
2023	+17.12%	+3.22%
2022	-15.32%	-5.93%
2021	+16.66%	-0.14%
2020	+13.04%	+6.10%
2019	+14.58%	+4.88%
2018	-19.74%	N/A
2017	+32.53%	N/A
2016	+10.04%	N/A
2015	-11.76%	N/A
2014	+0.87%	N/A
2013	+0.15%	N/A
2012	+23.85%	N/A
2011	-30.79%	N/A
2010	+19.60%	N/A
2009	+92.49%	N/A
2008	-53.20%	N/A

EWX vs IBMP Drawdown Comparison

The maximum drawdown for EWX was -63.90%, occurring on Nov 20, 2008. Recovery took 583 trading sessions.

The maximum drawdown for IBMP was -15.24%, occurring on Mar 20, 2020. Recovery took 88 trading sessions.

The current EWX drawdown is -4.73%. The current IBMP drawdown is -0.02%.

Rank	EWX	IBMP
#1	-63.90% May 19, 2008 - Sep 13, 2010	-15.24% Mar 9, 2020 - Jul 14, 2020
#2	-42.99% Jan 26, 2018 - Dec 28, 2020	-10.10% Feb 11, 2021 - Aug 1, 2025
#3	-34.12% Jan 5, 2011 - Sep 5, 2014	-2.24% Aug 15, 2019 - Jan 10, 2020
#4	-31.87% Sep 5, 2014 - Jul 14, 2017	-1.27% Aug 7, 2020 - Nov 20, 2020
#5	-24.67% Jul 12, 2021 - Apr 9, 2024	-0.59% Sep 18, 2025 - Dec 19, 2025
#6	-21.36% Oct 7, 2024 - Jul 3, 2025	-0.55% Mar 2, 2026 - Jun 4, 2026
#7	-13.47% Jun 22, 2026 - Jul 29, 2026	-0.44% Jan 6, 2021 - Jan 27, 2021
#8	-9.20% Jul 12, 2024 - Sep 24, 2024	-0.42% Jan 31, 2020 - Feb 19, 2020
#9	-7.98% Feb 25, 2026 - Apr 13, 2026	-0.32% Apr 11, 2019 - Apr 24, 2019
#10	-6.48% Nov 4, 2010 - Jan 3, 2011	-0.25% Feb 27, 2020 - Mar 6, 2020
#11	-5.86% May 26, 2026 - Jun 18, 2026	-0.24% Jun 3, 2019 - Jun 19, 2019
#12	-5.85% Apr 28, 2021 - May 28, 2021	-0.24% Aug 3, 2026 - Aug 14, 2026
#13	-4.99% Sep 17, 2025 - Jan 9, 2026	-0.21% Jul 2, 2019 - Jul 9, 2019
#14	-4.85% Apr 9, 2024 - May 2, 2024	-0.20% Aug 8, 2019 - Aug 13, 2019
#15	-4.38% May 11, 2026 - May 26, 2026	-0.20% Jan 9, 2026 - Jan 20, 2026

Correlation

Correlation between EWX and IBMP is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (2008 - 2026)

EWX vs IBMP dividend yield comparison.

Year	EWX	IBMP
2026	0.78%	1.47%
2025	2.91%	2.47%
2024	2.90%	2.35%
2023	2.32%	2.05%
2022	3.00%	1.26%
2021	2.77%	0.86%
2020	2.24%	1.16%
2019	2.73%	1.06%
2018	3.26%	0.00%
2017	2.30%	0.00%
2016	2.46%	0.00%
2015	3.04%	0.00%
2014	2.74%	0.00%
2013	2.33%	0.00%
2012	2.27%	0.00%
2011	5.58%	0.00%
2010	3.03%	0.00%
2009	1.79%	0.00%
2008	0.85%	0.00%