IBDW vs SPY

Comparison between ISHARES IBONDS DEC 2031 TERM CORPORATE ETF (IBDW, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed IBDW, delivering a return of +13.3% compared to +0.5%

IBDW vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBDW(ETF)	SPY(ETF)
Net Assets	$2.30B	$652B
Expense Ratio	0.10%	0.09%
Max Drawdown	26.72%	56.47%
Sharpe Ratio	0.67	2.07
5Y Beta	0.06	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

IBDW

$2.30B

Winner

SPY

$652B

Expense Ratio

IBDW

0.10%

Winner

SPY

0.09%

Max Drawdown

Winner

IBDW

26.72%

SPY

56.47%

Sharpe Ratio

IBDW

0.67

Winner

SPY

2.07

5Y Beta

Winner

IBDW

0.06

SPY

1.00

P/E Ratio

IBDW

N/A

SPY

28.24

Forward P/E

IBDW

N/A

SPY

21.85

5Y Dividends CAGR

IBDW

N/A

SPY

5.43%

5Y EPS CAGR

IBDW

N/A

SPY

25.79%

Debt to Equity

IBDW

N/A

SPY

22.35%

P/S Ratio

IBDW

N/A

SPY

3.55

P/B Ratio

IBDW

N/A

SPY

5.29

IBDW vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	IBDW	SPY
1 month	+0.16%	+9.11%
3 months	-0.11%	+6.59%
6 months	+1.27%	+10.56%
1 year	+6.58%	+32.04%
5 years(CAGR)	+0.52%	+13.35%
10 years(CAGR)	N/A	+15.49%
Max(CAGR)	+0.52%	+8.50%

IBDW

+0.16%

Winner

SPY

+9.11%

IBDW

-0.11%

Winner

SPY

+6.59%

IBDW

+1.27%

Winner

SPY

+10.56%

IBDW

+6.58%

Winner

SPY

+32.04%

5Y(CAGR)

IBDW

+0.52%

Winner

SPY

+13.35%

10Y(CAGR)

IBDW

N/A

SPY

+15.49%

Max(CAGR)

IBDW

+0.52%

Winner

SPY

+8.50%

IBDW vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IBDW	SPY
2026	+0.44%	+8.27%
2025	+8.86%	+18.00%
2024	+3.60%	+25.59%
2023	+8.47%	+26.72%
2022	-16.41%	-18.64%
2021	+0.36%	+30.52%
2020	N/A	+17.28%
2019	N/A	+31.09%
2018	N/A	-5.24%
2017	N/A	+20.78%
2016	N/A	+13.59%
2015	N/A	+1.31%
2014	N/A	+14.56%
2013	N/A	+29.00%
2012	N/A	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

IBDW vs SPY Drawdown Comparison

The maximum drawdown for IBDW was -23.88%, occurring on Oct 20, 2022. Recovery took 1132 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current IBDW drawdown is -0.86%.

Rank	IBDW	SPY
#1	-23.88% Aug 3, 2021 - Feb 5, 2026	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-2.42% Feb 23, 2026 - Mar 26, 2026	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-0.79% Jul 8, 2021 - Jul 19, 2021	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-0.59% Jul 19, 2021 - Jul 28, 2021	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-0.19% Jul 28, 2021 - Aug 2, 2021	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-0.19% Jun 30, 2021 - Jul 2, 2021	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-0.17% Jun 24, 2021 - Jun 28, 2021	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-0.12% Feb 10, 2026 - Feb 12, 2026	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-0.07% Feb 17, 2026 - Feb 23, 2026	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	N/A	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	N/A	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	N/A	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	N/A	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	N/A	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	N/A	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

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

0.71

-101

Dividend Comparison (1999 - 2026)

IBDW vs SPY dividend yield comparison.

Year	IBDW	SPY
2026	1.57%	0.24%
2025	4.78%	1.07%
2024	5.00%	1.21%
2023	4.50%	1.40%
2022	3.70%	1.65%
2021	1.10%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%