SHM vs DEM

Comparison between SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM, ETF) and WisdomTree Emerging Markets High Dividend Fund (DEM, ETF).

5-Year PerformanceDEM has outperformed SHM, delivering a return of +9.5% compared to +0.9%

SHM vs DEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHM(ETF)	DEM(ETF)
Net Assets	$3.40B	$3.50B
Expense Ratio	0.20%	0.63%
Max Drawdown	11.61%	57.03%
Sharpe Ratio	0.01	2.06
5Y Beta	0.01	0.57
5Y Dividends CAGR	19.21%	6.07%

Net Assets

SHM

$3.40B

Winner

DEM

$3.50B

Expense Ratio

Winner

SHM

0.20%

DEM

0.63%

Max Drawdown

Winner

SHM

11.61%

DEM

57.03%

Sharpe Ratio

SHM

0.01

Winner

DEM

2.06

5Y Beta

Winner

SHM

0.01

DEM

0.57

5Y Dividends CAGR

Winner

SHM

19.21%

DEM

6.07%

SHM vs DEM - Historical Returns

Returns include dividend reinvestment.

Period	SHM	DEM
1 month	-0.05%	+6.83%
3 months	-0.37%	+7.63%
6 months	+1.05%	+19.31%
1 year	+3.75%	+33.92%
5 years(CAGR)	+0.87%	+9.55%
10 years(CAGR)	+1.15%	+10.62%
Max(CAGR)	+1.79%	+5.02%

SHM

-0.05%

Winner

DEM

+6.83%

SHM

-0.37%

Winner

DEM

+7.63%

SHM

+1.05%

Winner

DEM

+19.31%

SHM

+3.75%

Winner

DEM

+33.92%

5Y(CAGR)

SHM

+0.87%

Winner

DEM

+9.55%

10Y(CAGR)

SHM

+1.15%

Winner

DEM

+10.62%

Max(CAGR)

SHM

+1.79%

Winner

DEM

+5.02%

SHM vs DEM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SHM	DEM
2026	+0.45%	+15.96%
2025	+3.86%	+21.85%
2024	+1.22%	+5.66%
2023	+2.81%	+21.11%
2022	-3.80%	-10.64%
2021	-0.37%	+10.71%
2020	+2.53%	-7.42%
2019	+3.60%	+19.79%
2018	+1.42%	-8.80%
2017	+1.01%	+24.78%
2016	-0.49%	+26.16%
2015	+1.13%	-20.90%
2014	+1.01%	-10.17%
2013	+1.27%	-8.21%
2012	+1.32%	+13.65%
2011	+3.76%	-11.22%
2010	+1.19%	+20.83%
2009	+4.28%	+53.78%
2008	+5.83%	-33.89%
2007	+1.61%	+2.61%

SHM vs DEM Drawdown Comparison

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

The maximum drawdown for DEM was -51.78%, occurring on Mar 2, 2009. Recovery took 471 trading sessions.

The current SHM drawdown is -0.65%.

Rank	SHM	DEM
#1	-11.61% Mar 9, 2020 - May 19, 2020	-51.78% May 19, 2008 - Apr 1, 2010
#2	-6.97% Sep 23, 2008 - Dec 5, 2008	-47.00% Apr 29, 2011 - Jan 18, 2018
#3	-6.67% Aug 3, 2021 - Sep 5, 2024	-37.79% Jan 13, 2020 - Mar 15, 2021
#4	-3.50% Aug 31, 2010 - May 6, 2011	-27.12% Feb 16, 2022 - Feb 20, 2024
#5	-3.07% Feb 13, 2008 - Mar 18, 2008	-19.03% Jan 26, 2018 - Jan 2, 2020
#6	-2.70% Aug 22, 2016 - Aug 2, 2017	-18.42% Apr 14, 2010 - Sep 13, 2010
#7	-2.63% Apr 23, 2013 - Oct 23, 2013	-16.36% Jul 23, 2007 - Sep 27, 2007
#8	-2.07% Sep 5, 2017 - Jan 11, 2019	-15.64% Oct 7, 2024 - Jun 6, 2025
#9	-1.87% Feb 13, 2009 - Apr 16, 2009	-15.33% Oct 31, 2007 - May 15, 2008
#10	-1.75% Mar 18, 2008 - Aug 15, 2008	-9.48% Jul 11, 2024 - Sep 24, 2024
#11	-1.67% Sep 6, 2011 - Jan 11, 2012	-9.17% Jun 4, 2021 - Jan 12, 2022
#12	-1.67% Apr 4, 2025 - Jun 12, 2025	-7.89% Feb 25, 2026 - Apr 17, 2026
#13	-1.31% Oct 3, 2024 - Feb 25, 2025	-6.69% Jan 3, 2011 - Mar 30, 2011
#14	-1.24% Sep 17, 2008 - Sep 23, 2008	-6.36% Nov 4, 2010 - Dec 31, 2010
#15	-1.13% Feb 26, 2026 - Mar 24, 2026	-5.30% Sep 17, 2025 - Nov 10, 2025

Correlation

Correlation between SHM and DEM is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (2007 - 2026)

SHM vs DEM dividend yield comparison.

Year	SHM	DEM
2026	0.89%	0.43%
2025	2.61%	4.88%
2024	2.06%	5.24%
2023	1.15%	5.49%
2022	0.69%	8.62%
2021	0.86%	5.87%
2020	1.24%	4.21%
2019	1.40%	4.78%
2018	1.23%	4.47%
2017	1.06%	3.67%
2016	0.94%	3.63%
2015	0.92%	5.21%
2014	0.93%	5.51%
2013	0.97%	4.10%
2012	1.40%	3.29%
2011	1.60%	4.44%
2010	1.91%	3.24%
2009	2.03%	2.93%
2008	2.59%	5.85%
2007	0.72%	0.92%