SHM vs IYF

Comparison between SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM, ETF) and ISHARES U.S. FINANCIALS ETF (IYF, ETF).

5-Year PerformanceIYF has outperformed SHM, delivering a return of +10.9% compared to +0.9%

SHM vs IYF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHM(ETF)	IYF(ETF)
Net Assets	$3.40B	$3.40B
Expense Ratio	0.20%	0.38%
Max Drawdown	11.61%	80.22%
Sharpe Ratio	0.05	0.45
5Y Beta	0.01	0.85
P/E Ratio	N/A	15.05
Forward P/E	N/A	13.96
PEG Ratio	N/A	0.33
5Y Dividends CAGR	19.21%	14.72%
5Y EPS CAGR	N/A	10.75%
Debt to Equity	N/A	44.41%
P/S Ratio	N/A	2.91
P/B Ratio	N/A	1.96

Net Assets

SHM

$3.40B

IYF

$3.40B

Expense Ratio

Winner

SHM

0.20%

IYF

0.38%

Max Drawdown

Winner

SHM

11.61%

IYF

80.22%

Sharpe Ratio

SHM

0.05

Winner

IYF

0.45

5Y Beta

Winner

SHM

0.01

IYF

0.85

P/E Ratio

SHM

N/A

IYF

15.05

Forward P/E

SHM

N/A

IYF

13.96

PEG Ratio

SHM

N/A

IYF

0.33

5Y Dividends CAGR

Winner

SHM

19.21%

IYF

14.72%

5Y EPS CAGR

SHM

N/A

IYF

10.75%

Debt to Equity

SHM

N/A

IYF

44.41%

P/S Ratio

SHM

N/A

IYF

2.91

P/B Ratio

SHM

N/A

IYF

1.96

SHM vs IYF - Historical Returns

Returns include dividend reinvestment.

Period	SHM	IYF
1 month	-0.17%	-0.42%
3 months	-0.55%	+0.23%
6 months	+0.97%	-1.71%
1 year	+3.62%	+7.88%
5 years(CAGR)	+0.87%	+10.92%
10 years(CAGR)	+1.15%	+12.88%
Max(CAGR)	+1.78%	+5.82%

Winner

SHM

-0.17%

IYF

-0.42%

SHM

-0.55%

Winner

IYF

+0.23%

Winner

SHM

+0.97%

IYF

-1.71%

SHM

+3.62%

Winner

IYF

+7.88%

5Y(CAGR)

SHM

+0.87%

Winner

IYF

+10.92%

10Y(CAGR)

SHM

+1.15%

Winner

IYF

+12.88%

Max(CAGR)

SHM

+1.78%

Winner

IYF

+5.82%

SHM vs IYF - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	SHM	IYF
2026	+0.39%	-4.66%
2025	+3.86%	+18.38%
2024	+1.22%	+30.95%
2023	+2.81%	+14.95%
2022	-3.80%	-12.21%
2021	-0.37%	+33.66%
2020	+2.53%	-1.55%
2019	+3.60%	+31.73%
2018	+1.42%	-9.17%
2017	+1.01%	+18.69%
2016	-0.49%	+19.25%
2015	+1.13%	-0.53%
2014	+1.01%	+14.81%
2013	+1.27%	+29.91%
2012	+1.32%	+23.10%
2011	+3.76%	-14.90%
2010	+1.19%	+10.48%
2009	+4.28%	+16.13%
2008	+5.83%	-49.28%
2007	+1.61%	-18.33%
2006	N/A	+16.82%
2005	N/A	+6.37%
2004	N/A	+13.16%
2003	N/A	+27.24%
2002	N/A	-12.90%
2001	N/A	-3.55%
2000	N/A	-2.24%

SHM vs IYF Drawdown Comparison

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

The maximum drawdown for IYF was -79.08%, occurring on Mar 6, 2009. Recovery took 2397 trading sessions.

The current SHM drawdown is -0.72%. The current IYF drawdown is -7.06%.

Rank	SHM	IYF
#1	-11.61% Mar 9, 2020 - May 19, 2020	-79.08% Jun 4, 2007 - Dec 7, 2016
#2	-6.97% Sep 23, 2008 - Dec 5, 2008	-42.57% Feb 14, 2020 - Feb 12, 2021
#3	-6.67% Aug 3, 2021 - Sep 5, 2024	-33.32% May 26, 2000 - Nov 3, 2003
#4	-3.50% Aug 31, 2010 - May 6, 2011	-25.05% Jan 12, 2022 - Jan 30, 2024
#5	-3.07% Feb 13, 2008 - Mar 18, 2008	-19.88% Sep 20, 2018 - Apr 26, 2019
#6	-2.70% Aug 22, 2016 - Aug 2, 2017	-16.60% Feb 18, 2025 - Jun 24, 2025
#7	-2.63% Apr 23, 2013 - Oct 23, 2013	-13.88% Jan 6, 2026 - Mar 27, 2026
#8	-2.07% Sep 5, 2017 - Jan 11, 2019	-11.23% Mar 5, 2004 - Nov 11, 2004
#9	-1.87% Feb 13, 2009 - Apr 16, 2009	-9.40% Jan 26, 2018 - Sep 20, 2018
#10	-1.75% Mar 18, 2008 - Aug 15, 2008	-9.18% Dec 30, 2004 - Jul 12, 2005
#11	-1.67% Sep 6, 2011 - Jan 11, 2012	-8.50% Nov 29, 2024 - Jan 30, 2025
#12	-1.67% Apr 4, 2025 - Jun 12, 2025	-8.35% Feb 20, 2007 - Jun 1, 2007
#13	-1.31% Oct 3, 2024 - Feb 25, 2025	-7.76% Jul 30, 2024 - Aug 23, 2024
#14	-1.24% Sep 17, 2008 - Sep 23, 2008	-7.64% May 5, 2006 - Sep 13, 2006
#15	-1.13% Feb 26, 2026 - Mar 24, 2026	-7.35% Nov 3, 2021 - Jan 7, 2022

Correlation

Correlation between SHM and IYF is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2000 - 2026)

SHM vs IYF dividend yield comparison.

Year	SHM	IYF
2026	0.90%	0.47%
2025	2.61%	1.32%
2024	2.06%	1.29%
2023	1.15%	1.67%
2022	0.69%	1.86%
2021	0.86%	1.27%
2020	1.24%	1.72%
2019	1.40%	1.65%
2018	1.23%	1.90%
2017	1.06%	1.46%
2016	0.94%	1.67%
2015	0.92%	1.66%
2014	0.93%	1.38%
2013	0.97%	1.33%
2012	1.40%	1.67%
2011	1.60%	1.68%
2010	1.91%	1.04%
2009	2.03%	1.71%
2008	2.59%	4.64%
2007	0.72%	2.75%
2006	0.00%	1.86%
2005	0.00%	2.03%
2004	0.00%	1.75%
2003	0.00%	1.66%
2002	0.00%	1.75%
2001	0.00%	1.29%
2000	0.00%	2.11%