SHM vs KNG

Comparison between SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM, ETF) and FT VEST S&P 500 DIVIDEND ARISTOCRATS TARGET INCOME ETF (KNG, ETF).

5-Year PerformanceKNG has outperformed SHM, delivering a return of +4.3% compared to +0.9%

SHM vs KNG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHM(ETF)	KNG(ETF)
Net Assets	$3.40B	$3.40B
Expense Ratio	0.20%	0.74%
Max Drawdown	11.61%	35.12%
Sharpe Ratio	0.01	0.59
5Y Beta	0.01	0.47
P/E Ratio	N/A	24.66
Forward P/E	N/A	18.01
PEG Ratio	N/A	3.37
5Y Dividends CAGR	19.21%	20.34%
5Y EPS CAGR	N/A	6.86%
Debt to Equity	N/A	-2.10%
P/S Ratio	N/A	1.80
P/B Ratio	N/A	3.34

Net Assets

SHM

$3.40B

KNG

$3.40B

Expense Ratio

Winner

SHM

0.20%

KNG

0.74%

Max Drawdown

Winner

SHM

11.61%

KNG

35.12%

Sharpe Ratio

SHM

0.01

Winner

KNG

0.59

5Y Beta

Winner

SHM

0.01

KNG

0.47

P/E Ratio

SHM

N/A

KNG

24.66

Forward P/E

SHM

N/A

KNG

18.01

PEG Ratio

SHM

N/A

KNG

3.37

5Y Dividends CAGR

SHM

19.21%

Winner

KNG

20.34%

5Y EPS CAGR

SHM

N/A

KNG

6.86%

Debt to Equity

SHM

N/A

KNG

-2.10%

P/S Ratio

SHM

N/A

KNG

1.80

P/B Ratio

SHM

N/A

KNG

3.34

SHM vs KNG - Historical Returns

Returns include dividend reinvestment.

Period	SHM	KNG
1 month	-0.05%	-0.80%
3 months	-0.37%	-4.99%
6 months	+1.05%	+4.93%
1 year	+3.75%	+9.13%
5 years(CAGR)	+0.87%	+4.30%
10 years(CAGR)	+1.15%	+8.48%
Max(CAGR)	+1.79%	+8.48%

Winner

SHM

-0.05%

KNG

-0.80%

Winner

SHM

-0.37%

KNG

-4.99%

SHM

+1.05%

Winner

KNG

+4.93%

SHM

+3.75%

Winner

KNG

+9.13%

5Y(CAGR)

SHM

+0.87%

Winner

KNG

+4.30%

10Y(CAGR)

SHM

+1.15%

Winner

KNG

+8.48%

Max(CAGR)

SHM

+1.79%

Winner

KNG

+8.48%

SHM vs KNG - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SHM	KNG
2026	+0.45%	+1.72%
2025	+3.86%	+7.22%
2024	+1.22%	+5.75%
2023	+2.81%	+7.33%
2022	-3.80%	-6.60%
2021	-0.37%	+26.60%
2020	+2.53%	+7.48%
2019	+3.60%	+26.75%
2018	+1.42%	-0.85%
2017	+1.01%	N/A
2016	-0.49%	N/A
2015	+1.13%	N/A
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 KNG Drawdown Comparison

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

The maximum drawdown for KNG was -35.12%, occurring on Mar 23, 2020. Recovery took 185 trading sessions.

The current SHM drawdown is -0.65%. The current KNG drawdown is -5.96%.

Rank	SHM	KNG
#1	-11.61% Mar 9, 2020 - May 19, 2020	-35.12% Jan 17, 2020 - Oct 12, 2020
#2	-6.97% Sep 23, 2008 - Dec 5, 2008	-18.22% Jan 4, 2022 - Jul 24, 2023
#3	-6.67% Aug 3, 2021 - Sep 5, 2024	-14.99% Sep 21, 2018 - Mar 29, 2019
#4	-3.50% Aug 31, 2010 - May 6, 2011	-14.23% Nov 29, 2024 - Dec 15, 2025
#5	-3.07% Feb 13, 2008 - Mar 18, 2008	-11.98% Jul 26, 2023 - Feb 22, 2024
#6	-2.70% Aug 22, 2016 - Aug 2, 2017	-8.61% Feb 27, 2026 - Mar 20, 2026
#7	-2.63% Apr 23, 2013 - Oct 23, 2013	-7.05% Oct 12, 2020 - Nov 9, 2020
#8	-2.07% Sep 5, 2017 - Jan 11, 2019	-6.19% Aug 16, 2021 - Nov 2, 2021
#9	-1.87% Feb 13, 2009 - Apr 16, 2009	-5.40% Apr 30, 2019 - Jun 13, 2019
#10	-1.75% Mar 18, 2008 - Aug 15, 2008	-5.12% Jul 26, 2019 - Sep 5, 2019
#11	-1.67% Sep 6, 2011 - Jan 11, 2012	-5.04% May 10, 2021 - Aug 3, 2021
#12	-1.67% Apr 4, 2025 - Jun 12, 2025	-5.02% Nov 16, 2021 - Dec 13, 2021
#13	-1.31% Oct 3, 2024 - Feb 25, 2025	-4.81% Mar 28, 2024 - Jul 29, 2024
#14	-1.24% Sep 17, 2008 - Sep 23, 2008	-4.35% Jan 12, 2021 - Feb 23, 2021
#15	-1.13% Feb 26, 2026 - Mar 24, 2026	-4.10% Apr 17, 2018 - May 15, 2018

Correlation

Correlation between SHM and KNG is 0.68 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.68

-101

Dividend Comparison (2007 - 2026)

SHM vs KNG dividend yield comparison.

Year	SHM	KNG
2026	0.89%	2.92%
2025	2.61%	8.61%
2024	2.06%	9.08%
2023	1.15%	5.91%
2022	0.69%	4.00%
2021	0.86%	3.45%
2020	1.24%	3.62%
2019	1.40%	4.09%
2018	1.23%	3.46%
2017	1.06%	0.00%
2016	0.94%	0.00%
2015	0.92%	0.00%
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%