PRIV vs SPHB

Comparison between SPDR SSGA IG PUBLIC & PRIVATE CREDIT ETF (PRIV, ETF) and INVESCO S&P 500 HIGH BETA ETF (SPHB, ETF).

PRIV vs SPHB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PRIV(ETF)	SPHB(ETF)
Net Assets	$830M	$831M
Expense Ratio	0.55%	0.25%
Max Drawdown	3.39%	47.78%
Sharpe Ratio	0.44	1.99
5Y Beta	0.05	1.51
P/E Ratio	N/A	38.52
Forward P/E	N/A	21.92
5Y Dividends CAGR	N/A	-5.20%
5Y EPS CAGR	N/A	15.38%
Debt to Equity	N/A	-19.57%
P/S Ratio	N/A	2.89
P/B Ratio	N/A	4.69

Net Assets

PRIV

$830M

Winner

SPHB

$831M

Expense Ratio

PRIV

0.55%

Winner

SPHB

0.25%

Max Drawdown

Winner

PRIV

3.39%

SPHB

47.78%

Sharpe Ratio

PRIV

0.44

Winner

SPHB

1.99

5Y Beta

Winner

PRIV

0.05

SPHB

1.51

P/E Ratio

PRIV

N/A

SPHB

38.52

Forward P/E

PRIV

N/A

SPHB

21.92

5Y Dividends CAGR

PRIV

N/A

SPHB

-5.20%

5Y EPS CAGR

PRIV

N/A

SPHB

15.38%

Debt to Equity

PRIV

N/A

SPHB

-19.57%

P/S Ratio

PRIV

N/A

SPHB

2.89

P/B Ratio

PRIV

N/A

SPHB

4.69

PRIV vs SPHB - Holdings Comparison

PRIV and SPHB have 1 common holdings. Overlap is 0.00%

PRIV's top 25 holdings weight is 40.91%. SPHB's top 25 holdings weight is 34.74%.

Rank	PRIV	SPHB
#1	UNITED STATES TREASURY NOTES 4.625% (n/a) - 5.85%	SANDISK CORP ORDINARY SHARES (SNDK) - 2.08%
#2	FEDERAL HOME LOAN MORTGAGE CORP. 5.5% (n/a) - 4.28%	MICRON TECHNOLOGY INC (MU) - 1.78%
#3	n/a (n/a) - 4.26%	COHERENT CORP (COHR) - 1.63%
#4	UNITED STATES TREASURY BONDS 4.75% (n/a) - 4.19%	SUPER MICRO COMPUTER INC (SMCI) - 1.59%
#5	FEDERAL NATIONAL MORTGAGE ASSOCIATION 5% (n/a) - 3.75%	n/a (COIN) - 1.55%
#6	UNITED STATES TREASURY BONDS 4.625% (n/a) - 3.66%	ROBINHOOD MARKETS INC CLASS A (HOOD) - 1.54%
#7	FEDERAL HOME LOAN MORTGAGE CORP. 5% (n/a) - 3.12%	ADVANCED MICRO DEVICES INC (AMD) - 1.48%
#8	n/a (n/a) - 1.53%	LAM RESEARCH CORP (LRCX) - 1.48%
#9	AT&T MOBILITY II LLC 0% (n/a) - 1.23%	APPLOVIN CORP ORDINARY SHARES CLASS A (APP) - 1.44%
#10	n/a (n/a) - 1.22%	TERADYNE INC (TER) - 1.42%
#11	UNITED STATES TREASURY NOTES 3.875% (n/a) - 1.21%	CIENA CORP (CIEN) - 1.38%
#12	n/a (n/a) - 1.12%	LUMENTUM HOLDINGS INC (LITE) - 1.36%
#13	n/a (n/a) - 0.85%	WESTERN DIGITAL CORP (WDC) - 1.32%
#14	BAYER US FINANCE LLC 6.375% (n/a) - 0.71%	KLA CORP (KLAC) - 1.30%
#15	AUTONATION, INC. 4.45% (n/a) - 0.61%	UNITED AIRLINES HOLDINGS INC (UAL) - 1.29%
#16	PACIFIC GAS AND ELECTRIC COMPANY 6.15% (n/a) - 0.41%	ON SEMICONDUCTOR CORP (ON) - 1.27%
#17	n/a (n/a) - 0.39%	ARISTA NETWORKS INC (ANET) - 1.25%
#18	HCA INC. 5.5% (n/a) - 0.36%	INTEL CORP (INTC) - 1.24%
#19	n/a (n/a) - 0.31%	MONOLITHIC POWER SYSTEMS INC (MPWR) - 1.24%
#20	WELLS FARGO & CO. 5.605% (n/a) - 0.31%	APPLIED MATERIALS INC (AMAT) - 1.21%
#21	LOANCORE 2025-CRE9 ISSUER LLC 5.82506% (n/a) - 0.31%	TESLA INC (TSLA) - 1.20%
#22	MORGAN STANLEY 5.664% (n/a) - 0.31%	CARNIVAL CORPORATION LTD (CCL) - 1.18%
#23	RCKT MORTGAGE TRUST 2025-CES7 6.174% (n/a) - 0.31%	VERTIV HOLDINGS CO CLASS A (VRT) - 1.17%
#24	RCKT MORTGAGE TRUST 2025-CES8 5.89878% (n/a) - 0.31%	NORWEGIAN CRUISE LINE HOLDINGS LTD (NCLH) - 1.17%
#25	CVS HEALTH CORP 4.875% (n/a) - 0.30%	DATADOG INC CLASS A (DDOG) - 1.17%
Total Holdings	270	102

PRIV vs SPHB - Historical Returns

Returns include dividend reinvestment.

Period	PRIV	SPHB
1 month	-0.66%	+4.01%
3 months	-0.88%	+17.76%
6 months	+0.52%	+22.39%
1 year	+5.41%	+60.23%
5 years(CAGR)	N/A	+13.79%
10 years(CAGR)	N/A	+17.98%
Max(CAGR)	+4.30%	+13.86%

PRIV

-0.66%

Winner

SPHB

+4.01%

PRIV

-0.88%

Winner

SPHB

+17.76%

PRIV

+0.52%

Winner

SPHB

+22.39%

PRIV

+5.41%

Winner

SPHB

+60.23%

5Y(CAGR)

PRIV

N/A

SPHB

+13.79%

10Y(CAGR)

PRIV

N/A

SPHB

+17.98%

Max(CAGR)

PRIV

+4.30%

Winner

SPHB

+13.86%

PRIV vs SPHB - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	PRIV	SPHB
2026	+0.37%	+20.57%
2025	+5.22%	+32.89%
2024	N/A	+10.20%
2023	N/A	+33.64%
2022	N/A	-21.66%
2021	N/A	+42.64%
2020	N/A	+23.83%
2019	N/A	+32.98%
2018	N/A	-16.63%
2017	N/A	+15.98%
2016	N/A	+27.43%
2015	N/A	-12.63%
2014	N/A	+13.98%
2013	N/A	+36.75%
2012	N/A	+14.22%
2011	N/A	-21.89%

PRIV vs SPHB Drawdown Comparison

The maximum drawdown for PRIV was -2.75%, occurring on Apr 11, 2025. Recovery took 53 trading sessions.

The maximum drawdown for SPHB was -46.82%, occurring on Mar 23, 2020. Recovery took 97 trading sessions.

The current PRIV drawdown is -1.45%. The current SPHB drawdown is -6.50%.

Rank	PRIV	SPHB
#1	-2.75% Apr 4, 2025 - Jun 23, 2025	-46.82% Jan 17, 2020 - Jun 8, 2020
#2	-2.54% Feb 27, 2026 - Mar 27, 2026	-38.30% May 10, 2011 - Mar 14, 2013
#3	-1.18% Mar 3, 2025 - Apr 3, 2025	-34.48% Apr 23, 2015 - Nov 15, 2016
#4	-0.95% Oct 28, 2025 - Nov 26, 2025	-31.49% Nov 8, 2021 - Dec 14, 2023
#5	-0.94% Sep 16, 2025 - Oct 13, 2025	-29.21% Jan 23, 2025 - Jun 24, 2025
#6	-0.92% Jun 30, 2025 - Jul 29, 2025	-27.72% Sep 20, 2018 - Dec 12, 2019
#7	-0.77% Nov 28, 2025 - Jan 7, 2026	-21.44% Jun 8, 2020 - Nov 9, 2020
#8	-0.61% Jan 14, 2026 - Feb 5, 2026	-14.05% Jul 16, 2024 - Oct 9, 2024
#9	-0.44% Aug 13, 2025 - Aug 22, 2025	-13.10% Jun 2, 2021 - Oct 25, 2021
#10	-0.32% Aug 5, 2025 - Aug 13, 2025	-11.40% Sep 18, 2014 - Nov 10, 2014
#11	-0.31% Feb 5, 2026 - Feb 10, 2026	-11.32% Jan 26, 2018 - Aug 29, 2018
#12	-0.28% Aug 29, 2025 - Sep 4, 2025	-10.71% Feb 25, 2026 - Apr 13, 2026
#13	-0.25% Sep 11, 2025 - Sep 16, 2025	-9.69% Oct 27, 2025 - Dec 3, 2025
#14	-0.24% Jul 29, 2025 - Aug 1, 2025	-9.61% Jan 14, 2021 - Feb 8, 2021
#15	-0.21% Feb 23, 2026 - Feb 27, 2026	-8.89% Mar 28, 2024 - Jul 12, 2024

Correlation

Correlation between PRIV and SPHB is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2011 - 2026)

PRIV vs SPHB dividend yield comparison.

Year	PRIV	SPHB
2026	1.86%	0.16%
2025	3.75%	0.60%
2024	0.00%	0.80%
2023	0.00%	0.73%
2022	0.00%	0.72%
2021	0.00%	0.91%
2020	0.00%	1.90%
2019	0.00%	1.26%
2018	0.00%	1.97%
2017	0.00%	1.34%
2016	0.00%	0.93%
2015	0.00%	1.69%
2014	0.00%	0.98%
2013	0.00%	0.69%
2012	0.00%	0.88%
2011	0.00%	0.70%