IBDR vs SHM

Comparison between ISHARES IBONDS DEC 2026 TERM CORPORATE ETF (IBDR, ETF) and STATE STREET(R) SPDR NUVEEN ICE SHORT TERM MUNICIPAL BOND ETF (SHM, ETF).

5-Year PerformanceIBDR has outperformed SHM, delivering a return of +1.6% compared to +0.9%

IBDR vs SHM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBDR(ETF)	SHM(ETF)
Net Assets	$3.40B	$3.50B
Expense Ratio	0.10%	0.20%
Max Drawdown	16.31%	11.61%
Sharpe Ratio	0.47	-1.49
5Y Beta	0.01	0.01
5Y Dividends CAGR	8.28%	18.61%

Net Assets

IBDR

$3.40B

Winner

SHM

$3.50B

Expense Ratio

Winner

IBDR

0.10%

SHM

0.20%

Max Drawdown

IBDR

16.31%

Winner

SHM

11.61%

Sharpe Ratio

Winner

IBDR

0.47

SHM

-1.49

5Y Beta

Winner

IBDR

0.01

SHM

0.01

5Y Dividends CAGR

IBDR

8.28%

Winner

SHM

18.61%

IBDR vs SHM - Historical Returns

Returns include dividend reinvestment.

Period	IBDR	SHM
1 month	+0.41%	+0.20%
3 months	+1.04%	+0.71%
6 months	+1.89%	-0.03%
1 year	+4.21%	+1.81%
5 years(CAGR)	+1.63%	+0.93%
10 years(CAGR)	+3.00%	+1.13%
Max(CAGR)	+3.00%	+1.79%

Winner

IBDR

+0.41%

SHM

+0.20%

Winner

IBDR

+1.04%

SHM

+0.71%

Winner

IBDR

+1.89%

SHM

-0.03%

Winner

IBDR

+4.21%

SHM

+1.81%

5Y(CAGR)

Winner

IBDR

+1.63%

SHM

+0.93%

10Y(CAGR)

Winner

IBDR

+3.00%

SHM

+1.13%

Max(CAGR)

Winner

IBDR

+3.00%

SHM

+1.79%

IBDR vs SHM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	IBDR	SHM
2026	+2.36%	+1.04%
2025	+5.03%	+3.86%
2024	+5.25%	+1.22%
2023	+5.78%	+2.81%
2022	-7.96%	-3.80%
2021	-1.68%	-0.37%
2020	+9.14%	+2.53%
2019	+14.17%	+3.60%
2018	-2.45%	+1.42%
2017	+5.53%	+1.01%
2016	-3.34%	-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%

IBDR vs SHM Drawdown Comparison

The maximum drawdown for IBDR was -16.06%, occurring on Mar 20, 2020. Recovery took 62 trading sessions.

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

The current SHM drawdown is -0.09%.

Rank	IBDR	SHM
#1	-16.06% Mar 4, 2020 - Jun 2, 2020	-11.61% Mar 9, 2020 - May 19, 2020
#2	-13.13% Dec 31, 2020 - Dec 6, 2024	-6.97% Sep 23, 2008 - Dec 5, 2008
#3	-6.23% Sep 26, 2016 - Aug 3, 2017	-6.67% Aug 3, 2021 - Sep 5, 2024
#4	-5.01% Sep 7, 2017 - Jan 31, 2019	-3.50% Aug 31, 2010 - May 6, 2011
#5	-2.03% Aug 28, 2019 - Oct 3, 2019	-3.07% Feb 13, 2008 - Mar 18, 2008
#6	-1.19% Oct 31, 2019 - Nov 26, 2019	-2.70% Aug 22, 2016 - Aug 2, 2017
#7	-1.19% Jul 3, 2019 - Aug 1, 2019	-2.63% Apr 23, 2013 - Oct 23, 2013
#8	-0.95% Aug 6, 2020 - Nov 4, 2020	-2.07% Sep 5, 2017 - Jan 11, 2019
#9	-0.86% Oct 3, 2019 - Oct 31, 2019	-1.87% Feb 13, 2009 - Apr 16, 2009
#10	-0.70% Feb 26, 2019 - Mar 7, 2019	-1.75% Mar 18, 2008 - Aug 15, 2008
#11	-0.67% Jun 16, 2020 - Jul 2, 2020	-1.67% Sep 6, 2011 - Jan 11, 2012
#12	-0.64% Jun 10, 2020 - Jun 15, 2020	-1.67% Apr 4, 2025 - Jun 12, 2025
#13	-0.62% Apr 10, 2019 - Apr 24, 2019	-1.31% Oct 3, 2024 - Feb 25, 2025
#14	-0.61% Aug 3, 2017 - Aug 23, 2017	-1.24% Sep 17, 2008 - Sep 23, 2008
#15	-0.57% Apr 26, 2019 - May 7, 2019	-1.13% Feb 26, 2026 - Jul 6, 2026

Correlation

Correlation between IBDR and SHM is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2007 - 2026)

IBDR vs SHM dividend yield comparison.

Year	IBDR	SHM
2026	2.34%	1.56%
2025	4.20%	2.61%
2024	4.13%	2.06%
2023	3.41%	1.15%
2022	2.44%	0.69%
2021	2.11%	0.86%
2020	2.61%	1.24%
2019	3.25%	1.40%
2018	3.56%	1.23%
2017	3.22%	1.06%
2016	0.86%	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%