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 +10.7% compared to +1.0%

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	-0.38	1.48
5Y Beta	0.01	0.73
5Y Dividends CAGR	18.73%	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

-0.38

Winner

INTF

1.48

5Y Beta

Winner

SHM

0.01

INTF

0.73

5Y Dividends CAGR

Winner

SHM

18.73%

INTF

7.79%

SHM vs INTF - Historical Returns

Returns include dividend reinvestment.

Period	SHM	INTF
1 month	+0.71%	+2.29%
3 months	+0.40%	+8.82%
6 months	+1.21%	+12.62%
1 year	+3.33%	+27.67%
5 years(CAGR)	+0.95%	+10.70%
10 years(CAGR)	+1.18%	+9.82%
Max(CAGR)	+1.44%	+7.85%

SHM

+0.71%

Winner

INTF

+2.29%

SHM

+0.40%

Winner

INTF

+8.82%

SHM

+1.21%

Winner

INTF

+12.62%

SHM

+3.33%

Winner

INTF

+27.67%

5Y(CAGR)

SHM

+0.95%

Winner

INTF

+10.70%

10Y(CAGR)

SHM

+1.18%

Winner

INTF

+9.82%

Max(CAGR)

SHM

+1.44%

Winner

INTF

+7.85%

SHM vs INTF - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SHM	INTF
2026	+0.96%	+9.91%
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	-0.57%	+0.63%
2015	+0.67%	-4.25%
2014	+0.55%	N/A
2013	+0.78%	N/A
2012	+0.62%	N/A
2011	+2.92%	N/A
2010	+0.24%	N/A
2009	+3.22%	N/A
2008	+4.44%	N/A
2007	+1.25%	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 -0.16%. The current INTF drawdown is -0.46%.

Rank	SHM	INTF
#1	-11.61% Mar 9, 2020 - May 19, 2020	-40.39% Jan 26, 2018 - Mar 11, 2021
#2	-7.08% Sep 23, 2008 - Dec 23, 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	-3.94% Aug 31, 2010 - Jun 24, 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	-2.82% Sep 27, 2012 - Jan 13, 2014	-9.27% Sep 26, 2024 - Mar 5, 2025
#7	-2.70% Aug 22, 2016 - Aug 2, 2017	-8.04% Jul 12, 2024 - Aug 21, 2024
#8	-2.12% Mar 18, 2008 - Sep 17, 2008	-5.28% Jun 7, 2021 - Sep 3, 2021
#9	-2.07% Sep 5, 2017 - Jan 11, 2019	-4.67% Nov 12, 2025 - Dec 3, 2025
#10	-1.97% Feb 13, 2009 - Jul 10, 2009	-4.38% Mar 27, 2024 - May 9, 2024
#11	-1.74% Sep 6, 2011 - Jan 23, 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	-1.27% Feb 4, 2015 - Oct 13, 2015	-3.18% May 7, 2021 - May 27, 2021
#15	-1.24% Sep 17, 2008 - Sep 23, 2008	-3.17% Oct 6, 2025 - Oct 27, 2025

Correlation

Correlation between SHM and INTF is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2007 - 2026)

SHM vs INTF dividend yield comparison.

Year	SHM	INTF
2026	1.11%	1.75%
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	0.85%	1.66%
2015	0.46%	0.85%
2014	0.46%	0.00%
2013	0.49%	0.00%
2012	0.70%	0.00%
2011	0.80%	0.00%
2010	0.96%	0.00%
2009	1.01%	0.00%
2008	1.29%	0.00%
2007	0.36%	0.00%