SHM vs MLPX
Comparison between STATE STREET(R) SPDR NUVEEN ICE SHORT TERM MUNICIPAL BOND ETF (SHM, ETF) and GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF (MLPX, ETF).
5-Year PerformanceMLPX has outperformed SHM, delivering a return of +20.5% compared to +0.9%
SHM vs MLPX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SHM vs MLPX - Historical Returns
Returns include dividend reinvestment.
SHM vs MLPX - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | SHM | MLPX |
|---|---|---|
| 2026 | +0.83% | +23.88% |
| 2025 | +3.86% | +3.04% |
| 2024 | +1.22% | +42.39% |
| 2023 | +2.81% | +18.35% |
| 2022 | -3.80% | +19.17% |
| 2021 | -0.37% | +40.65% |
| 2020 | +2.53% | -20.33% |
| 2019 | +3.60% | +16.66% |
| 2018 | +1.42% | -17.62% |
| 2017 | +1.01% | -5.44% |
| 2016 | -0.49% | +34.69% |
| 2015 | +1.13% | -36.15% |
| 2014 | +1.01% | +17.80% |
| 2013 | +1.27% | +10.09% |
| 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 MLPX Drawdown Comparison
The maximum drawdown for SHM was -11.61%, occurring on Mar 19, 2020. Recovery took 50 trading sessions.
The maximum drawdown for MLPX was -70.63%, occurring on Mar 18, 2020. Recovery took 1885 trading sessions.
The current SHM drawdown is -0.28%. The current MLPX drawdown is -4.43%.
| Rank | SHM | MLPX |
|---|---|---|
| #1 | -11.61% Mar 9, 2020 - May 19, 2020 | -70.63% Sep 5, 2014 - Mar 2, 2022 |
| #2 | -6.97% Sep 23, 2008 - Dec 5, 2008 | -19.72% Jun 7, 2022 - Aug 9, 2023 |
| #3 | -6.67% Aug 3, 2021 - Sep 5, 2024 | -16.77% Jan 21, 2025 - Jan 27, 2026 |
| #4 | -3.50% Aug 31, 2010 - May 6, 2011 | -9.48% Nov 29, 2024 - Jan 14, 2025 |
| #5 | -3.07% Feb 13, 2008 - Mar 18, 2008 | -8.59% Apr 20, 2022 - Jun 1, 2022 |
| #6 | -2.70% Aug 22, 2016 - Aug 2, 2017 | -7.33% May 19, 2026 - May 29, 2026 |
| #7 | -2.63% Apr 23, 2013 - Oct 23, 2013 | -6.90% Mar 26, 2026 - Apr 30, 2026 |
| #8 | -2.07% Sep 5, 2017 - Jan 11, 2019 | -6.39% Jul 22, 2024 - Aug 19, 2024 |
| #9 | -1.87% Feb 13, 2009 - Apr 16, 2009 | -6.17% Jul 24, 2014 - Aug 15, 2014 |
| #10 | -1.75% Mar 18, 2008 - Aug 15, 2008 | -5.94% Sep 14, 2023 - Oct 13, 2023 |
| #11 | -1.67% Sep 6, 2011 - Jan 11, 2012 | -5.51% Mar 4, 2022 - Mar 23, 2022 |
| #12 | -1.67% Apr 4, 2025 - Jun 12, 2025 | -5.08% Apr 3, 2024 - Apr 29, 2024 |
| #13 | -1.31% Oct 3, 2024 - Feb 25, 2025 | -4.88% Dec 1, 2023 - Feb 16, 2024 |
| #14 | -1.24% Sep 17, 2008 - Sep 23, 2008 | -4.47% Apr 30, 2026 - May 14, 2026 |
| #15 | -1.13% Feb 26, 2026 - Mar 24, 2026 | -4.11% Oct 16, 2023 - Nov 2, 2023 |
Correlation
Correlation between SHM and MLPX is 0.64 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2007 - 2026)
SHM vs MLPX dividend yield comparison.
| Year | SHM | MLPX |
|---|---|---|
| 2026 | 1.11% | 2.02% |
| 2025 | 2.61% | 4.88% |
| 2024 | 2.06% | 4.30% |
| 2023 | 1.15% | 5.22% |
| 2022 | 0.69% | 5.23% |
| 2021 | 0.86% | 5.98% |
| 2020 | 1.24% | 8.32% |
| 2019 | 1.40% | 5.78% |
| 2018 | 1.23% | 5.77% |
| 2017 | 1.06% | 4.36% |
| 2016 | 0.94% | 5.51% |
| 2015 | 0.92% | 4.81% |
| 2014 | 0.93% | 2.15% |
| 2013 | 0.97% | 0.68% |
| 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% |
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