MTUM vs SHY

Comparison between ISHARES MSCI USA MOMENTUM FACTOR ETF (MTUM, ETF) and ISHARES 1-3 YEAR TREASURY BOND ETF (SHY, ETF).

5-Year PerformanceMTUM has outperformed SHY, delivering a return of +15.0% compared to +1.7%

MTUM vs SHY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MTUM(ETF)	SHY(ETF)
Net Assets	$24B	$25B
Expense Ratio	0.15%	0.15%
Max Drawdown	34.08%	7.25%
Sharpe Ratio	1.74	-0.24
5Y Beta	1.19	-0.00
P/E Ratio	34.77	N/A
Forward P/E	22.59	N/A
PEG Ratio	0.27	N/A
5Y Dividends CAGR	13.21%	44.93%
5Y EPS CAGR	28.13%	N/A
Debt to Equity	39.51%	N/A
P/S Ratio	3.90	N/A
P/B Ratio	6.49	N/A

Net Assets

MTUM

$24B

Winner

SHY

$25B

Expense Ratio

MTUM

0.15%

SHY

0.15%

Max Drawdown

MTUM

34.08%

Winner

SHY

7.25%

Sharpe Ratio

Winner

MTUM

1.74

SHY

-0.24

5Y Beta

MTUM

1.19

Winner

SHY

-0.00

P/E Ratio

MTUM

34.77

SHY

N/A

Forward P/E

MTUM

22.59

SHY

N/A

PEG Ratio

MTUM

0.27

SHY

N/A

5Y Dividends CAGR

MTUM

13.21%

Winner

SHY

44.93%

5Y EPS CAGR

MTUM

28.13%

SHY

N/A

Debt to Equity

MTUM

39.51%

SHY

N/A

P/S Ratio

MTUM

3.90

SHY

N/A

P/B Ratio

MTUM

6.49

SHY

N/A

MTUM vs SHY - Historical Returns

Returns include dividend reinvestment.

Period	MTUM	SHY
1 month	+13.98%	-0.08%
3 months	+21.31%	-0.07%
6 months	+20.96%	+0.94%
1 year	+36.92%	+3.53%
5 years(CAGR)	+14.98%	+1.71%
10 years(CAGR)	+16.49%	+1.64%
Max(CAGR)	+16.00%	+1.95%

Winner

MTUM

+13.98%

SHY

-0.08%

Winner

MTUM

+21.31%

SHY

-0.07%

Winner

MTUM

+20.96%

SHY

+0.94%

Winner

MTUM

+36.92%

SHY

+3.53%

5Y(CAGR)

Winner

MTUM

+14.98%

SHY

+1.71%

10Y(CAGR)

Winner

MTUM

+16.49%

SHY

+1.64%

Max(CAGR)

Winner

MTUM

+16.00%

SHY

+1.95%

MTUM vs SHY - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	MTUM	SHY
2026	+20.09%	+0.32%
2025	+21.53%	+4.98%
2024	+35.37%	+4.04%
2023	+10.93%	+4.07%
2022	-18.43%	-3.77%
2021	+14.23%	-0.73%
2020	+29.42%	+2.99%
2019	+28.11%	+3.37%
2018	-2.42%	+1.50%
2017	+37.10%	+0.34%
2016	+7.16%	+0.69%
2015	+9.10%	+0.32%
2014	+15.81%	+0.40%
2013	+19.20%	+0.24%
2012	N/A	+0.34%
2011	N/A	+1.46%
2010	N/A	+2.14%
2009	N/A	+0.89%
2008	N/A	+6.42%
2007	N/A	+7.24%
2006	N/A	+3.75%
2005	N/A	+1.52%
2004	N/A	+0.91%
2003	N/A	+2.19%
2002	N/A	+2.03%

MTUM vs SHY Drawdown Comparison

The maximum drawdown for MTUM was -34.08%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.

The maximum drawdown for SHY was -5.71%, occurring on Oct 20, 2022. Recovery took 713 trading sessions.

The current MTUM drawdown is -1.12%. The current SHY drawdown is -0.37%.

Rank	MTUM	SHY
#1	-34.08% Feb 19, 2020 - Jul 6, 2020	-5.71% Aug 2, 2021 - Jun 3, 2024
#2	-32.28% Nov 3, 2021 - Mar 4, 2024	-2.23% Mar 17, 2008 - Sep 15, 2008
#3	-22.12% Oct 1, 2018 - Jun 18, 2019	-1.90% Mar 24, 2004 - Oct 20, 2004
#4	-20.99% Feb 18, 2025 - May 15, 2025	-1.19% Dec 30, 2008 - Jul 8, 2009
#5	-15.75% Feb 12, 2021 - Aug 5, 2021	-1.07% Sep 7, 2017 - Nov 28, 2018
#6	-12.96% Jul 10, 2024 - Sep 23, 2024	-0.99% Jul 5, 2016 - Aug 11, 2017
#7	-12.95% Dec 29, 2015 - May 10, 2016	-0.98% Jun 13, 2003 - Sep 30, 2003
#8	-11.54% Jan 29, 2026 - Apr 9, 2026	-0.97% Sep 24, 2024 - Jan 27, 2025
#9	-10.79% Jul 20, 2015 - Nov 27, 2015	-0.89% Feb 27, 2026 - Mar 26, 2026
#10	-10.31% Sep 2, 2020 - Nov 30, 2020	-0.88% Sep 17, 2008 - Oct 2, 2008
#11	-10.23% Jan 26, 2018 - Jun 6, 2018	-0.87% Oct 25, 2004 - May 5, 2005
#12	-8.90% Mar 5, 2014 - Jun 20, 2014	-0.87% Dec 1, 2009 - Feb 5, 2010
#13	-8.58% Sep 18, 2014 - Oct 31, 2014	-0.81% Nov 1, 2010 - May 3, 2011
#14	-8.18% Mar 7, 2024 - May 15, 2024	-0.80% Oct 9, 2002 - Oct 31, 2002
#15	-7.82% Oct 29, 2025 - Jan 6, 2026	-0.75% Jul 10, 2009 - Aug 28, 2009

Correlation

Correlation between MTUM and SHY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2002 - 2026)

MTUM vs SHY dividend yield comparison.

Year	MTUM	SHY
2026	0.07%	1.17%
2025	0.91%	3.81%
2024	0.75%	3.92%
2023	1.35%	2.99%
2022	1.80%	1.30%
2021	0.55%	0.26%
2020	0.83%	0.94%
2019	1.48%	2.12%
2018	1.27%	1.72%
2017	1.02%	0.98%
2016	1.43%	0.71%
2015	1.12%	0.54%
2014	1.04%	0.36%
2013	1.02%	0.26%
2012	0.00%	0.37%
2011	0.00%	0.81%
2010	0.00%	1.03%
2009	0.00%	2.41%
2008	0.00%	3.41%
2007	0.00%	4.27%
2006	0.00%	4.13%
2005	0.00%	3.05%
2004	0.00%	1.94%
2003	0.00%	1.59%
2002	0.00%	0.78%