IGBH vs SPE

Comparison between ISHARES INTEREST RATE HEDGED LONG-TERM CORPORATE BOND ETF (IGBH, ETF) and Special Opportunities Fund Inc (SPE, ETF).

5-Year PerformanceSPE has outperformed IGBH, delivering a return of +9.0% compared to +5.2%

IGBH vs SPE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IGBH(ETF)	SPE(ETF)
Net Assets	$171M	$170M
Expense Ratio	0.14%	N/A
Max Drawdown	38.89%	58.53%
Sharpe Ratio	1.22	0.16
5Y Beta	0.24	0.56
5Y Dividends CAGR	21.47%	13.47%

Net Assets

Winner

IGBH

$171M

SPE

$170M

Expense Ratio

IGBH

0.14%

SPE

N/A

Max Drawdown

Winner

IGBH

38.89%

SPE

58.53%

Sharpe Ratio

Winner

IGBH

1.22

SPE

0.16

5Y Beta

Winner

IGBH

0.24

SPE

0.56

5Y Dividends CAGR

Winner

IGBH

21.47%

SPE

13.47%

IGBH vs SPE - Historical Returns

Returns include dividend reinvestment.

Period	IGBH	SPE
1 month	+1.28%	-3.33%
3 months	+3.21%	-3.08%
6 months	+2.63%	-0.68%
1 year	+9.07%	+5.11%
5 years(CAGR)	+5.24%	+9.05%
10 years(CAGR)	+5.01%	+11.49%
Max(CAGR)	+4.71%	+8.99%

Winner

IGBH

+1.28%

SPE

-3.33%

Winner

IGBH

+3.21%

SPE

-3.08%

Winner

IGBH

+2.63%

SPE

-0.68%

Winner

IGBH

+9.07%

SPE

+5.11%

5Y(CAGR)

IGBH

+5.24%

Winner

SPE

+9.05%

10Y(CAGR)

IGBH

+5.01%

Winner

SPE

+11.49%

Max(CAGR)

IGBH

+4.71%

Winner

SPE

+8.99%

IGBH vs SPE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IGBH	SPE
2026	+2.09%	-2.43%
2025	+8.11%	+14.15%
2024	+7.57%	+34.11%
2023	+12.32%	+14.54%
2022	-3.22%	-18.85%
2021	+3.04%	+25.58%
2020	+1.46%	+4.29%
2019	+9.69%	+30.90%
2018	-4.22%	-9.91%
2017	+9.75%	+25.21%
2016	+7.57%	+10.69%
2015	-0.51%	-7.46%
2014	N/A	-1.88%
2013	N/A	+29.76%
2012	N/A	+11.73%
2011	N/A	+1.00%
2010	N/A	+5.05%
2009	N/A	+45.90%
2008	N/A	-15.82%
2007	N/A	+0.88%
2006	N/A	+9.61%
2005	N/A	+2.39%
2004	N/A	+1.11%
2003	N/A	+11.38%
2002	N/A	+11.83%
2001	N/A	+8.81%
2000	N/A	+18.23%
1999	N/A	-4.22%

IGBH vs SPE Drawdown Comparison

The maximum drawdown for IGBH was -33.67%, occurring on Mar 20, 2020. Recovery took 233 trading sessions.

The maximum drawdown for SPE was -46.84%, occurring on Mar 23, 2020. Recovery took 207 trading sessions.

The current IGBH drawdown is -0.31%. The current SPE drawdown is -5.31%.

Rank	IGBH	SPE
#1	-33.67% Jan 17, 2020 - Dec 18, 2020	-46.84% Feb 19, 2020 - Dec 11, 2020
#2	-10.49% Sep 27, 2021 - Jun 16, 2023	-32.95% Jun 5, 2008 - Apr 27, 2009
#3	-8.51% Jan 23, 2018 - Dec 18, 2019	-24.14% Jan 7, 2022 - Mar 26, 2024
#4	-8.12% Oct 22, 2015 - Apr 22, 2016	-18.46% Dec 31, 2013 - Aug 23, 2016
#5	-6.93% Feb 14, 2025 - Jul 1, 2025	-17.47% Jan 26, 2018 - Jun 14, 2019
#6	-4.24% Jan 22, 2026 - May 14, 2026	-13.69% Feb 20, 2025 - May 20, 2025
#7	-3.03% May 31, 2024 - Sep 18, 2024	-13.13% Mar 15, 2004 - Aug 31, 2005
#8	-2.87% Apr 29, 2016 - Jul 26, 2016	-12.14% Jul 22, 2011 - Jan 25, 2012
#9	-2.87% Feb 17, 2021 - Mar 31, 2021	-12.05% Oct 6, 2009 - Oct 18, 2010
#10	-2.59% Sep 18, 2015 - Oct 22, 2015	-9.71% Jun 17, 2003 - Jan 20, 2004
#11	-2.36% Apr 6, 2021 - Sep 24, 2021	-9.32% Jan 15, 2026 - Mar 30, 2026
#12	-2.04% Jul 6, 2017 - Sep 29, 2017	-9.21% May 16, 2007 - Jan 25, 2008
#13	-1.93% Oct 20, 2016 - Dec 6, 2016	-8.92% Nov 19, 1999 - Jun 2, 2000
#14	-1.76% Dec 31, 2019 - Jan 17, 2020	-8.82% Sep 1, 2016 - Jan 18, 2017
#15	-1.56% Dec 29, 2020 - Jan 13, 2021	-8.09% Mar 26, 2012 - Sep 28, 2012

Correlation

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

0.97

-101

Dividend Comparison (1999 - 2026)

IGBH vs SPE dividend yield comparison.

Year	IGBH	SPE
2026	2.15%	3.92%
2025	6.23%	13.73%
2024	6.88%	7.83%
2023	7.32%	8.77%
2022	3.84%	11.58%
2021	2.71%	11.64%
2020	2.39%	8.01%
2019	3.40%	6.35%
2018	5.56%	14.10%
2017	2.87%	16.53%
2016	2.62%	5.93%
2015	1.12%	9.02%
2014	0.00%	9.63%
2013	0.00%	12.66%
2012	0.00%	10.08%
2011	0.00%	3.69%
2010	0.00%	0.20%
2009	0.00%	6.59%
2008	0.00%	8.05%
2007	0.00%	5.22%
2006	0.00%	5.55%
2005	0.00%	7.30%
2004	0.00%	6.49%
2003	0.00%	7.64%
2002	0.00%	6.36%
2001	0.00%	5.35%
2000	0.00%	5.62%
1999	0.00%	1.04%