SHM vs AOR

Comparison between SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM, ETF) and ISHARES CORE GROWTH ALLOCATION ETF (AOR, ETF).

5-Year PerformanceAOR has outperformed SHM, delivering a return of +7.4% compared to +0.9%

SHM vs AOR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHM(ETF)	AOR(ETF)
Net Assets	$3.40B	$3.50B
Expense Ratio	0.20%	0.15%
Max Drawdown	11.61%	24.96%
Sharpe Ratio	0.05	1.95
5Y Beta	0.01	0.54
5Y Dividends CAGR	19.21%	14.76%

Net Assets

SHM

$3.40B

Winner

AOR

$3.50B

Expense Ratio

SHM

0.20%

Winner

AOR

0.15%

Max Drawdown

Winner

SHM

11.61%

AOR

24.96%

Sharpe Ratio

SHM

0.05

Winner

AOR

1.95

5Y Beta

Winner

SHM

0.01

AOR

0.54

5Y Dividends CAGR

Winner

SHM

19.21%

AOR

14.76%

SHM vs AOR - Historical Returns

Returns include dividend reinvestment.

Period	SHM	AOR
1 month	-0.17%	+3.12%
3 months	-0.55%	+3.21%
6 months	+0.97%	+6.32%
1 year	+3.62%	+19.57%
5 years(CAGR)	+0.87%	+7.36%
10 years(CAGR)	+1.15%	+8.40%
Max(CAGR)	+1.78%	+8.73%

SHM

-0.17%

Winner

AOR

+3.12%

SHM

-0.55%

Winner

AOR

+3.21%

SHM

+0.97%

Winner

AOR

+6.32%

SHM

+3.62%

Winner

AOR

+19.57%

5Y(CAGR)

SHM

+0.87%

Winner

AOR

+7.36%

10Y(CAGR)

SHM

+1.15%

Winner

AOR

+8.40%

Max(CAGR)

SHM

+1.78%

Winner

AOR

+8.73%

SHM vs AOR - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SHM	AOR
2026	+0.39%	+5.43%
2025	+3.86%	+16.68%
2024	+1.22%	+11.47%
2023	+2.81%	+14.90%
2022	-3.80%	-15.79%
2021	-0.37%	+11.46%
2020	+2.53%	+10.74%
2019	+3.60%	+18.94%
2018	+1.42%	-6.24%
2017	+1.01%	+15.49%
2016	-0.49%	+7.82%
2015	+1.13%	-1.02%
2014	+1.01%	+7.24%
2013	+1.27%	+14.07%
2012	+1.32%	+10.41%
2011	+3.76%	+0.52%
2010	+1.19%	+9.79%
2009	+4.28%	+17.43%
2008	+5.83%	+4.43%
2007	+1.61%	N/A

SHM vs AOR Drawdown Comparison

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

The maximum drawdown for AOR was -24.44%, occurring on Mar 9, 2009. Recovery took 177 trading sessions.

The current SHM drawdown is -0.72%. The current AOR drawdown is -0.49%.

Rank	SHM	AOR
#1	-11.61% Mar 9, 2020 - May 19, 2020	-24.44% Nov 28, 2008 - Aug 13, 2009
#2	-6.97% Sep 23, 2008 - Dec 5, 2008	-22.95% Feb 12, 2020 - Aug 5, 2020
#3	-6.67% Aug 3, 2021 - Sep 5, 2024	-21.73% Nov 8, 2021 - Mar 1, 2024
#4	-3.50% Aug 31, 2010 - May 6, 2011	-13.45% Nov 13, 2008 - Nov 28, 2008
#5	-3.07% Feb 13, 2008 - Mar 18, 2008	-12.62% Apr 29, 2011 - Feb 3, 2012
#6	-2.70% Aug 22, 2016 - Aug 2, 2017	-12.28% Jan 26, 2018 - Apr 30, 2019
#7	-2.63% Apr 23, 2013 - Oct 23, 2013	-11.29% May 21, 2015 - Jul 27, 2016
#8	-2.07% Sep 5, 2017 - Jan 11, 2019	-9.77% Feb 18, 2025 - May 15, 2025
#9	-1.87% Feb 13, 2009 - Apr 16, 2009	-8.82% Apr 23, 2010 - Oct 5, 2010
#10	-1.75% Mar 18, 2008 - Aug 15, 2008	-6.64% Feb 25, 2026 - Apr 17, 2026
#11	-1.67% Sep 6, 2011 - Jan 11, 2012	-6.24% Apr 2, 2012 - Aug 16, 2012
#12	-1.67% Apr 4, 2025 - Jun 12, 2025	-6.06% Jan 14, 2010 - Mar 16, 2010
#13	-1.31% Oct 3, 2024 - Feb 25, 2025	-5.97% May 21, 2013 - Aug 2, 2013
#14	-1.24% Sep 17, 2008 - Sep 23, 2008	-5.32% Sep 5, 2014 - Nov 21, 2014
#15	-1.13% Feb 26, 2026 - Mar 24, 2026	-5.11% Sep 2, 2020 - Nov 9, 2020

Correlation

Correlation between SHM and AOR is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2007 - 2026)

SHM vs AOR dividend yield comparison.

Year	SHM	AOR
2026	0.90%	0.45%
2025	2.61%	2.54%
2024	2.06%	2.66%
2023	1.15%	2.50%
2022	0.69%	2.12%
2021	0.86%	1.64%
2020	1.24%	1.89%
2019	1.40%	2.56%
2018	1.23%	2.49%
2017	1.06%	4.51%
2016	0.94%	2.16%
2015	0.92%	2.12%
2014	0.93%	2.11%
2013	0.97%	1.92%
2012	1.40%	2.08%
2011	1.60%	2.42%
2010	1.91%	1.84%
2009	2.03%	2.07%
2008	2.59%	0.68%
2007	0.72%	0.00%