SABA vs SMLV

Comparison between Saba Capital Income & Opportunities Fund II (SABA, ETF) and STATE STREET(R) SPDR(R) US SMALL CAP LOW VOLATILITY INDEX ETF (SMLV, ETF).

5-Year PerformanceSMLV has outperformed SABA, delivering a return of +9.9% compared to +3.7%

SABA vs SMLV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SABA(ETF)	SMLV(ETF)
Net Assets	$259M	$258M
Expense Ratio	N/A	0.12%
Max Drawdown	67.26%	42.87%
Sharpe Ratio	-0.41	1.50
5Y Beta	0.41	0.72
P/E Ratio	N/A	26.52
Forward P/E	N/A	14.38
5Y Dividends CAGR	9.48%	12.18%
5Y EPS CAGR	N/A	11.43%
Debt to Equity	N/A	63.23%
P/S Ratio	N/A	1.67
P/B Ratio	N/A	1.80

Net Assets

Winner

SABA

$259M

SMLV

$258M

Expense Ratio

SABA

N/A

SMLV

0.12%

Max Drawdown

SABA

67.26%

Winner

SMLV

42.87%

Sharpe Ratio

SABA

-0.41

Winner

SMLV

1.50

5Y Beta

Winner

SABA

0.41

SMLV

0.72

P/E Ratio

SABA

N/A

SMLV

26.52

Forward P/E

SABA

N/A

SMLV

14.38

5Y Dividends CAGR

SABA

9.48%

Winner

SMLV

12.18%

5Y EPS CAGR

SABA

N/A

SMLV

11.43%

Debt to Equity

SABA

N/A

SMLV

63.23%

P/S Ratio

SABA

N/A

SMLV

1.67

P/B Ratio

SABA

N/A

SMLV

1.80

SABA vs SMLV - Historical Returns

Returns include dividend reinvestment.

Period	SABA	SMLV
1 month	+0.21%	+0.55%
3 months	-0.55%	+8.63%
6 months	+4.90%	+13.89%
1 year	-3.07%	+24.04%
5 years(CAGR)	+3.71%	+9.86%
10 years(CAGR)	+2.82%	+10.36%
Max(CAGR)	+6.94%	+11.08%

SABA

+0.21%

Winner

SMLV

+0.55%

SABA

-0.55%

Winner

SMLV

+8.63%

SABA

+4.90%

Winner

SMLV

+13.89%

SABA

-3.07%

Winner

SMLV

+24.04%

5Y(CAGR)

SABA

+3.71%

Winner

SMLV

+9.86%

10Y(CAGR)

SABA

+2.82%

Winner

SMLV

+10.36%

Max(CAGR)

SABA

+6.94%

Winner

SMLV

+11.08%

SABA vs SMLV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SABA	SMLV
2026	+4.34%	+23.03%
2025	-0.36%	+6.66%
2024	+30.60%	+17.20%
2023	-2.49%	+7.45%
2022	-10.03%	-8.11%
2021	+0.85%	+29.84%
2020	-6.97%	-1.27%
2019	+7.83%	+23.87%
2018	-1.09%	-6.82%
2017	+4.29%	+4.97%
2016	+7.19%	+33.71%
2015	-8.97%	-0.90%
2014	-1.42%	+15.16%
2013	-10.00%	+23.62%
2012	+8.19%	N/A
2011	-1.92%	N/A
2010	+28.24%	N/A
2009	+28.22%	N/A
2008	+5.53%	N/A
2007	+1.68%	N/A
2006	+27.46%	N/A
2005	-10.92%	N/A
2004	+15.00%	N/A
2003	+32.39%	N/A
2002	+30.60%	N/A
2001	+9.30%	N/A
2000	+14.21%	N/A
1999	-6.31%	N/A

SABA vs SMLV Drawdown Comparison

The maximum drawdown for SABA was -32.40%, occurring on Mar 18, 2020. Recovery took 2975 trading sessions.

The maximum drawdown for SMLV was -42.43%, occurring on Mar 23, 2020. Recovery took 245 trading sessions.

The current SABA drawdown is -4.10%. The current SMLV drawdown is -2.05%.

Rank	SABA	SMLV
#1	-32.40% Feb 1, 2013 - Nov 26, 2024	-42.43% Jan 16, 2020 - Jan 6, 2021
#2	-27.20% Mar 13, 2008 - May 8, 2009	-20.42% Nov 25, 2024 - Jan 12, 2026
#3	-22.25% Dec 29, 2003 - Oct 22, 2004	-18.95% Jan 4, 2022 - Jul 11, 2024
#4	-18.81% Aug 30, 2011 - Jan 8, 2013	-18.82% Aug 31, 2018 - Sep 13, 2019
#5	-18.65% Mar 8, 2005 - May 2, 2006	-14.30% Dec 1, 2015 - Apr 27, 2016
#6	-14.99% Jan 30, 2025 - Jun 16, 2025	-9.84% Apr 2, 2015 - Nov 27, 2015
#7	-13.59% Jul 25, 2007 - Sep 28, 2007	-8.94% Jul 26, 2024 - Sep 19, 2024
#8	-12.36% Jun 28, 2002 - Dec 13, 2002	-8.39% Nov 29, 2017 - May 25, 2018
#9	-11.95% Apr 20, 2010 - Jul 30, 2010	-7.34% Feb 6, 2026 - Apr 9, 2026
#10	-10.96% Nov 2, 1999 - Jun 26, 2000	-7.13% Sep 3, 2014 - Oct 29, 2014
#11	-10.59% Nov 8, 2007 - Jan 10, 2008	-7.06% Nov 5, 2021 - Jan 4, 2022
#12	-10.47% Aug 13, 2025 - Feb 6, 2026	-6.76% Mar 12, 2021 - Jun 8, 2021
#13	-10.17% May 27, 2003 - Oct 2, 2003	-6.75% Jun 8, 2021 - Oct 20, 2021
#14	-9.64% Oct 19, 2009 - Nov 20, 2009	-6.43% Jun 8, 2016 - Jul 11, 2016
#15	-9.53% Aug 3, 2011 - Aug 30, 2011	-6.29% Jan 4, 2017 - Apr 26, 2017

Correlation

Correlation between SABA and SMLV is 0.59 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.59

-101

Dividend Comparison (1999 - 2026)

SABA vs SMLV dividend yield comparison.

Year	SABA	SMLV
2026	5.67%	1.02%
2025	9.65%	2.74%
2024	8.32%	2.68%
2023	11.43%	2.68%
2022	9.14%	2.40%
2021	7.19%	2.12%
2020	4.00%	2.47%
2019	6.68%	2.62%
2018	5.81%	3.15%
2017	4.44%	7.92%
2016	4.63%	3.04%
2015	4.72%	2.63%
2014	9.27%	2.76%
2013	8.43%	3.68%
2012	7.98%	0.00%
2011	12.28%	0.00%
2010	12.58%	0.00%
2009	5.31%	0.00%
2008	17.28%	0.00%
2007	12.69%	0.00%
2006	9.37%	0.00%
2005	9.87%	0.00%
2004	6.30%	0.00%
2003	5.71%	0.00%
2002	7.66%	0.00%
2001	9.26%	0.00%
2000	8.89%	0.00%
1999	1.70%	0.00%