IWX vs SHM

Comparison between ISHARES RUSSELL TOP 200 VALUE ETF (IWX, ETF) and SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM, ETF).

5-Year PerformanceIWX has outperformed SHM, delivering a return of +11.3% compared to +0.9%

IWX vs SHM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IWX(ETF)	SHM(ETF)
Net Assets	$3.40B	$3.40B
Expense Ratio	0.20%	0.20%
Max Drawdown	35.76%	11.61%
Sharpe Ratio	2.19	0.05
5Y Beta	0.67	0.01
P/E Ratio	22.21	N/A
Forward P/E	17.52	N/A
PEG Ratio	0.45	N/A
5Y Dividends CAGR	8.28%	19.21%
5Y EPS CAGR	14.34%	N/A
Debt to Equity	22.29%	N/A
P/S Ratio	2.81	N/A
P/B Ratio	3.41	N/A

Net Assets

IWX

$3.40B

SHM

$3.40B

Expense Ratio

IWX

0.20%

SHM

0.20%

Max Drawdown

IWX

35.76%

Winner

SHM

11.61%

Sharpe Ratio

Winner

IWX

2.19

SHM

0.05

5Y Beta

IWX

0.67

Winner

SHM

0.01

P/E Ratio

IWX

22.21

SHM

N/A

Forward P/E

IWX

17.52

SHM

N/A

PEG Ratio

IWX

0.45

SHM

N/A

5Y Dividends CAGR

IWX

8.28%

Winner

SHM

19.21%

5Y EPS CAGR

IWX

14.34%

SHM

N/A

Debt to Equity

IWX

22.29%

SHM

N/A

P/S Ratio

IWX

2.81

SHM

N/A

P/B Ratio

IWX

3.41

SHM

N/A

IWX vs SHM - Historical Returns

Returns include dividend reinvestment.

Period	IWX	SHM
1 month	+5.47%	-0.17%
3 months	+6.16%	-0.55%
6 months	+13.63%	+0.97%
1 year	+27.01%	+3.62%
5 years(CAGR)	+11.34%	+0.87%
10 years(CAGR)	+11.62%	+1.15%
Max(CAGR)	+11.33%	+1.78%

Winner

IWX

+5.47%

SHM

-0.17%

Winner

IWX

+6.16%

SHM

-0.55%

Winner

IWX

+13.63%

SHM

+0.97%

Winner

IWX

+27.01%

SHM

+3.62%

5Y(CAGR)

Winner

IWX

+11.34%

SHM

+0.87%

10Y(CAGR)

Winner

IWX

+11.62%

SHM

+1.15%

Max(CAGR)

Winner

IWX

+11.33%

SHM

+1.78%

IWX vs SHM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	IWX	SHM
2026	+10.68%	+0.39%
2025	+18.35%	+3.86%
2024	+14.15%	+1.22%
2023	+10.40%	+2.81%
2022	-5.80%	-3.80%
2021	+24.62%	-0.37%
2020	+0.74%	+2.53%
2019	+25.79%	+3.60%
2018	-6.69%	+1.42%
2017	+13.11%	+1.01%
2016	+17.63%	-0.49%
2015	-3.41%	+1.13%
2014	+14.05%	+1.01%
2013	+28.53%	+1.27%
2012	+14.33%	+1.32%
2011	+0.04%	+3.76%
2010	+10.63%	+1.19%
2009	+3.66%	+4.28%
2008	N/A	+5.83%
2007	N/A	+1.61%

IWX vs SHM Drawdown Comparison

The maximum drawdown for IWX was -35.76%, occurring on Mar 23, 2020. Recovery took 224 trading sessions.

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

The current IWX drawdown is -0.03%. The current SHM drawdown is -0.72%.

Rank	IWX	SHM
#1	-35.76% Feb 12, 2020 - Dec 31, 2020	-11.61% Mar 9, 2020 - May 19, 2020
#2	-20.53% May 2, 2011 - Mar 1, 2012	-6.97% Sep 23, 2008 - Dec 5, 2008
#3	-18.12% Jan 12, 2022 - Jul 24, 2023	-6.67% Aug 3, 2021 - Sep 5, 2024
#4	-17.34% Jan 26, 2018 - Apr 29, 2019	-3.50% Aug 31, 2010 - May 6, 2011
#5	-16.79% Apr 23, 2010 - Dec 21, 2010	-3.07% Feb 13, 2008 - Mar 18, 2008
#6	-14.98% May 21, 2015 - Jul 8, 2016	-2.70% Aug 22, 2016 - Aug 2, 2017
#7	-13.37% Feb 19, 2025 - Jun 30, 2025	-2.63% Apr 23, 2013 - Oct 23, 2013
#8	-10.01% Jul 26, 2023 - Dec 13, 2023	-2.07% Sep 5, 2017 - Jan 11, 2019
#9	-9.92% Apr 2, 2012 - Aug 6, 2012	-1.87% Feb 13, 2009 - Apr 16, 2009
#10	-8.53% Jan 11, 2010 - Mar 18, 2010	-1.75% Mar 18, 2008 - Aug 15, 2008
#11	-8.13% Sep 19, 2014 - Nov 6, 2014	-1.67% Sep 6, 2011 - Jan 11, 2012
#12	-7.93% Oct 18, 2012 - Jan 2, 2013	-1.67% Apr 4, 2025 - Jun 12, 2025
#13	-7.53% Nov 29, 2024 - Feb 19, 2025	-1.31% Oct 3, 2024 - Feb 25, 2025
#14	-6.83% Jul 26, 2019 - Sep 13, 2019	-1.24% Sep 17, 2008 - Sep 23, 2008
#15	-6.59% Apr 30, 2019 - Jun 20, 2019	-1.13% Feb 26, 2026 - Mar 24, 2026

Correlation

Correlation between IWX and SHM is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2007 - 2026)

IWX vs SHM dividend yield comparison.

Year	IWX	SHM
2026	0.36%	0.90%
2025	1.59%	2.61%
2024	1.97%	2.06%
2023	2.13%	1.15%
2022	2.07%	0.69%
2021	1.79%	0.86%
2020	2.12%	1.24%
2019	2.60%	1.40%
2018	2.66%	1.23%
2017	2.12%	1.06%
2016	2.22%	0.94%
2015	2.77%	0.92%
2014	2.19%	0.93%
2013	1.89%	0.97%
2012	2.71%	1.40%
2011	2.58%	1.60%
2010	1.83%	1.91%
2009	0.56%	2.03%
2008	0.00%	2.59%
2007	0.00%	0.72%