SHM vs INTF

Comparison between STATE STREET(R) SPDR NUVEEN ICE SHORT TERM MUNICIPAL BOND ETF (SHM, ETF) and ISHARES INTERNATIONAL EQUITY FACTOR ETF (INTF, ETF).

5-Year PerformanceINTF has outperformed SHM, delivering a return of +11.0% compared to +0.9%

SHM vs INTF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHM(ETF)	INTF(ETF)
Net Assets	$3.50B	$3.50B
Expense Ratio	0.20%	0.16%
Max Drawdown	11.61%	43.92%
Sharpe Ratio	-1.46	1.51
5Y Beta	0.01	0.73
5Y Dividends CAGR	18.61%	7.79%

Net Assets

SHM

$3.50B

INTF

$3.50B

Expense Ratio

SHM

0.20%

Winner

INTF

0.16%

Max Drawdown

Winner

SHM

11.61%

INTF

43.92%

Sharpe Ratio

SHM

-1.46

Winner

INTF

1.51

5Y Beta

Winner

SHM

0.01

INTF

0.73

5Y Dividends CAGR

Winner

SHM

18.61%

INTF

7.79%

SHM vs INTF - Historical Returns

Returns include dividend reinvestment.

Period	SHM	INTF
1 month	-0.28%	+2.35%
3 months	+0.37%	+3.89%
6 months	+0.01%	+6.99%
1 year	+1.85%	+27.89%
5 years(CAGR)	+0.88%	+10.98%
10 years(CAGR)	+1.14%	+9.82%
Max(CAGR)	+1.79%	+8.08%

SHM

-0.28%

Winner

INTF

+2.35%

SHM

+0.37%

Winner

INTF

+3.89%

SHM

+0.01%

Winner

INTF

+6.99%

SHM

+1.85%

Winner

INTF

+27.89%

5Y(CAGR)

SHM

+0.88%

Winner

INTF

+10.98%

10Y(CAGR)

SHM

+1.14%

Winner

INTF

+9.82%

Max(CAGR)

SHM

+1.79%

Winner

INTF

+8.08%

SHM vs INTF - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SHM	INTF
2026	+0.85%	+13.67%
2025	+3.86%	+35.79%
2024	+1.22%	+7.17%
2023	+2.81%	+17.82%
2022	-3.80%	-12.61%
2021	-0.37%	+10.83%
2020	+2.53%	+2.11%
2019	+3.60%	+18.95%
2018	+1.42%	-16.32%
2017	+1.01%	+27.88%
2016	-0.49%	+0.63%
2015	+1.13%	-4.25%
2014	+1.01%	N/A
2013	+1.27%	N/A
2012	+1.32%	N/A
2011	+3.76%	N/A
2010	+1.19%	N/A
2009	+4.28%	N/A
2008	+5.83%	N/A
2007	+1.61%	N/A

SHM vs INTF Drawdown Comparison

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

The maximum drawdown for INTF was -40.39%, occurring on Mar 23, 2020. Recovery took 785 trading sessions.

The current SHM drawdown is -0.28%. The current INTF drawdown is -0.14%.

Rank	SHM	INTF
#1	-11.61% Mar 9, 2020 - May 19, 2020	-40.39% Jan 26, 2018 - Mar 11, 2021
#2	-6.97% Sep 23, 2008 - Dec 5, 2008	-29.21% Sep 3, 2021 - Jan 29, 2024
#3	-6.67% Aug 3, 2021 - Sep 5, 2024	-17.82% May 21, 2015 - Mar 24, 2017
#4	-3.50% Aug 31, 2010 - May 6, 2011	-13.64% Mar 19, 2025 - Apr 28, 2025
#5	-3.07% Feb 13, 2008 - Mar 18, 2008	-10.20% Feb 25, 2026 - Jun 12, 2026
#6	-2.70% Aug 22, 2016 - Aug 2, 2017	-9.27% Sep 26, 2024 - Mar 5, 2025
#7	-2.63% Apr 23, 2013 - Oct 23, 2013	-8.04% Jul 12, 2024 - Aug 21, 2024
#8	-2.07% Sep 5, 2017 - Jan 11, 2019	-5.28% Jun 7, 2021 - Sep 3, 2021
#9	-1.87% Feb 13, 2009 - Apr 16, 2009	-4.67% Nov 12, 2025 - Dec 3, 2025
#10	-1.75% Mar 18, 2008 - Aug 15, 2008	-4.38% Mar 27, 2024 - May 9, 2024
#11	-1.67% Sep 6, 2011 - Jan 11, 2012	-4.01% Jun 6, 2024 - Jul 11, 2024
#12	-1.67% Apr 4, 2025 - Jun 12, 2025	-3.90% Jul 23, 2025 - Aug 12, 2025
#13	-1.31% Oct 3, 2024 - Feb 25, 2025	-3.67% Aug 30, 2024 - Sep 19, 2024
#14	-1.24% Sep 17, 2008 - Sep 23, 2008	-3.18% May 7, 2021 - May 27, 2021
#15	-1.13% Feb 26, 2026 - Jul 6, 2026	-3.17% Oct 6, 2025 - Oct 27, 2025

Correlation

Correlation between SHM and INTF is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2007 - 2026)

SHM vs INTF dividend yield comparison.

Year	SHM	INTF
2026	1.57%	1.69%
2025	2.61%	2.87%
2024	2.06%	3.53%
2023	1.15%	3.59%
2022	0.69%	2.81%
2021	0.86%	5.38%
2020	1.24%	2.06%
2019	1.40%	3.65%
2018	1.23%	2.62%
2017	1.06%	3.26%
2016	0.94%	1.66%
2015	0.92%	0.85%
2014	0.93%	0.00%
2013	0.97%	0.00%
2012	1.40%	0.00%
2011	1.60%	0.00%
2010	1.91%	0.00%
2009	2.03%	0.00%
2008	2.59%	0.00%
2007	0.72%	0.00%