IYF vs SHM

Comparison between ISHARES U.S. FINANCIALS ETF (IYF, ETF) and SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM, ETF).

5-Year PerformanceIYF has outperformed SHM, delivering a return of +10.9% compared to +0.9%

IYF vs SHM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IYF(ETF)	SHM(ETF)
Net Assets	$3.40B	$3.40B
Expense Ratio	0.38%	0.20%
Max Drawdown	80.22%	11.61%
Sharpe Ratio	0.45	0.05
5Y Beta	0.85	0.01
P/E Ratio	15.05	N/A
Forward P/E	13.96	N/A
PEG Ratio	0.33	N/A
5Y Dividends CAGR	14.72%	19.21%
5Y EPS CAGR	10.75%	N/A
Debt to Equity	44.41%	N/A
P/S Ratio	2.91	N/A
P/B Ratio	1.96	N/A

Net Assets

IYF

$3.40B

SHM

$3.40B

Expense Ratio

IYF

0.38%

Winner

SHM

0.20%

Max Drawdown

IYF

80.22%

Winner

SHM

11.61%

Sharpe Ratio

Winner

IYF

0.45

SHM

0.05

5Y Beta

IYF

0.85

Winner

SHM

0.01

P/E Ratio

IYF

15.05

SHM

N/A

Forward P/E

IYF

13.96

SHM

N/A

PEG Ratio

IYF

0.33

SHM

N/A

5Y Dividends CAGR

IYF

14.72%

Winner

SHM

19.21%

5Y EPS CAGR

IYF

10.75%

SHM

N/A

Debt to Equity

IYF

44.41%

SHM

N/A

P/S Ratio

IYF

2.91

SHM

N/A

P/B Ratio

IYF

1.96

SHM

N/A

IYF vs SHM - Historical Returns

Returns include dividend reinvestment.

Period	IYF	SHM
1 month	-0.42%	-0.17%
3 months	+0.23%	-0.55%
6 months	-1.71%	+0.97%
1 year	+7.88%	+3.62%
5 years(CAGR)	+10.92%	+0.87%
10 years(CAGR)	+12.88%	+1.15%
Max(CAGR)	+5.82%	+1.78%

IYF

-0.42%

Winner

SHM

-0.17%

Winner

IYF

+0.23%

SHM

-0.55%

IYF

-1.71%

Winner

SHM

+0.97%

Winner

IYF

+7.88%

SHM

+3.62%

5Y(CAGR)

Winner

IYF

+10.92%

SHM

+0.87%

10Y(CAGR)

Winner

IYF

+12.88%

SHM

+1.15%

Max(CAGR)

Winner

IYF

+5.82%

SHM

+1.78%

IYF vs SHM - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	IYF	SHM
2026	-4.66%	+0.39%
2025	+18.38%	+3.86%
2024	+30.95%	+1.22%
2023	+14.95%	+2.81%
2022	-12.21%	-3.80%
2021	+33.66%	-0.37%
2020	-1.55%	+2.53%
2019	+31.73%	+3.60%
2018	-9.17%	+1.42%
2017	+18.69%	+1.01%
2016	+19.25%	-0.49%
2015	-0.53%	+1.13%
2014	+14.81%	+1.01%
2013	+29.91%	+1.27%
2012	+23.10%	+1.32%
2011	-14.90%	+3.76%
2010	+10.48%	+1.19%
2009	+16.13%	+4.28%
2008	-49.28%	+5.83%
2007	-18.33%	+1.61%
2006	+16.82%	N/A
2005	+6.37%	N/A
2004	+13.16%	N/A
2003	+27.24%	N/A
2002	-12.90%	N/A
2001	-3.55%	N/A
2000	-2.24%	N/A

IYF vs SHM Drawdown Comparison

The maximum drawdown for IYF was -79.08%, occurring on Mar 6, 2009. Recovery took 2397 trading sessions.

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

The current IYF drawdown is -7.06%. The current SHM drawdown is -0.72%.

Rank	IYF	SHM
#1	-79.08% Jun 4, 2007 - Dec 7, 2016	-11.61% Mar 9, 2020 - May 19, 2020
#2	-42.57% Feb 14, 2020 - Feb 12, 2021	-6.97% Sep 23, 2008 - Dec 5, 2008
#3	-33.32% May 26, 2000 - Nov 3, 2003	-6.67% Aug 3, 2021 - Sep 5, 2024
#4	-25.05% Jan 12, 2022 - Jan 30, 2024	-3.50% Aug 31, 2010 - May 6, 2011
#5	-19.88% Sep 20, 2018 - Apr 26, 2019	-3.07% Feb 13, 2008 - Mar 18, 2008
#6	-16.60% Feb 18, 2025 - Jun 24, 2025	-2.70% Aug 22, 2016 - Aug 2, 2017
#7	-13.88% Jan 6, 2026 - Mar 27, 2026	-2.63% Apr 23, 2013 - Oct 23, 2013
#8	-11.23% Mar 5, 2004 - Nov 11, 2004	-2.07% Sep 5, 2017 - Jan 11, 2019
#9	-9.40% Jan 26, 2018 - Sep 20, 2018	-1.87% Feb 13, 2009 - Apr 16, 2009
#10	-9.18% Dec 30, 2004 - Jul 12, 2005	-1.75% Mar 18, 2008 - Aug 15, 2008
#11	-8.50% Nov 29, 2024 - Jan 30, 2025	-1.67% Sep 6, 2011 - Jan 11, 2012
#12	-8.35% Feb 20, 2007 - Jun 1, 2007	-1.67% Apr 4, 2025 - Jun 12, 2025
#13	-7.76% Jul 30, 2024 - Aug 23, 2024	-1.31% Oct 3, 2024 - Feb 25, 2025
#14	-7.64% May 5, 2006 - Sep 13, 2006	-1.24% Sep 17, 2008 - Sep 23, 2008
#15	-7.35% Nov 3, 2021 - Jan 7, 2022	-1.13% Feb 26, 2026 - Mar 24, 2026

Correlation

Correlation between IYF and SHM is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2000 - 2026)

IYF vs SHM dividend yield comparison.

Year	IYF	SHM
2026	0.47%	0.90%
2025	1.32%	2.61%
2024	1.29%	2.06%
2023	1.67%	1.15%
2022	1.86%	0.69%
2021	1.27%	0.86%
2020	1.72%	1.24%
2019	1.65%	1.40%
2018	1.90%	1.23%
2017	1.46%	1.06%
2016	1.67%	0.94%
2015	1.66%	0.92%
2014	1.38%	0.93%
2013	1.33%	0.97%
2012	1.67%	1.40%
2011	1.68%	1.60%
2010	1.04%	1.91%
2009	1.71%	2.03%
2008	4.64%	2.59%
2007	2.75%	0.72%
2006	1.86%	0.00%
2005	2.03%	0.00%
2004	1.75%	0.00%
2003	1.66%	0.00%
2002	1.75%	0.00%
2001	1.29%	0.00%
2000	2.11%	0.00%