SHM vs RDVI

Comparison between STATE STREET(R) SPDR NUVEEN ICE SHORT TERM MUNICIPAL BOND ETF (SHM, ETF) and FT VEST RISING DIVIDEND ACHIEVERS TARGET INCOME ETF (RDVI, ETF).

SHM vs RDVI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHM(ETF)	RDVI(ETF)
Net Assets	$3.50B	$3.60B
Expense Ratio	0.20%	0.75%
Max Drawdown	11.61%	20.66%
Sharpe Ratio	-1.34	1.72
5Y Beta	0.01	0.89
P/E Ratio	N/A	18.95
Forward P/E	N/A	17.10
PEG Ratio	N/A	0.26
5Y Dividends CAGR	18.61%	N/A
5Y EPS CAGR	N/A	22.02%
Debt to Equity	N/A	41.88%
P/S Ratio	N/A	3.14
P/B Ratio	N/A	4.01

Net Assets

SHM

$3.50B

Winner

RDVI

$3.60B

Expense Ratio

Winner

SHM

0.20%

RDVI

0.75%

Max Drawdown

Winner

SHM

11.61%

RDVI

20.66%

Sharpe Ratio

SHM

-1.34

Winner

RDVI

1.72

5Y Beta

Winner

SHM

0.01

RDVI

0.89

P/E Ratio

SHM

N/A

RDVI

18.95

Forward P/E

SHM

N/A

RDVI

17.10

PEG Ratio

SHM

N/A

RDVI

0.26

5Y Dividends CAGR

SHM

18.61%

RDVI

N/A

5Y EPS CAGR

SHM

N/A

RDVI

22.02%

Debt to Equity

SHM

N/A

RDVI

41.88%

P/S Ratio

SHM

N/A

RDVI

3.14

P/B Ratio

SHM

N/A

RDVI

4.01

SHM vs RDVI - Historical Returns

Returns include dividend reinvestment.

Period	SHM	RDVI
1 month	+0.06%	+3.91%
3 months	+0.65%	+11.50%
6 months	+0.17%	+13.34%
1 year	+1.96%	+31.18%
5 years(CAGR)	+0.91%	N/A
10 years(CAGR)	+1.14%	N/A
Max(CAGR)	+1.80%	+21.61%

SHM

+0.06%

Winner

RDVI

+3.91%

SHM

+0.65%

Winner

RDVI

+11.50%

SHM

+0.17%

Winner

RDVI

+13.34%

SHM

+1.96%

Winner

RDVI

+31.18%

5Y(CAGR)

SHM

+0.91%

RDVI

N/A

10Y(CAGR)

SHM

+1.14%

RDVI

N/A

Max(CAGR)

SHM

+1.80%

Winner

RDVI

+21.61%

SHM vs RDVI - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SHM	RDVI
2026	+1.02%	+18.33%
2025	+3.86%	+18.26%
2024	+1.22%	+14.28%
2023	+2.81%	+19.01%
2022	-3.80%	+9.89%
2021	-0.37%	N/A
2020	+2.53%	N/A
2019	+3.60%	N/A
2018	+1.42%	N/A
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 RDVI Drawdown Comparison

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

The maximum drawdown for RDVI was -18.34%, occurring on Apr 8, 2025. Recovery took 161 trading sessions.

The current SHM drawdown is -0.11%. The current RDVI drawdown is -0.10%.

Rank	SHM	RDVI
#1	-11.61% Mar 9, 2020 - May 19, 2020	-18.34% Nov 25, 2024 - Jul 22, 2025
#2	-6.97% Sep 23, 2008 - Dec 5, 2008	-12.56% Feb 2, 2023 - Jul 18, 2023
#3	-6.67% Aug 3, 2021 - Sep 5, 2024	-11.09% Jul 31, 2023 - Dec 13, 2023
#4	-3.50% Aug 31, 2010 - May 6, 2011	-8.47% Feb 26, 2026 - Apr 13, 2026
#5	-3.07% Feb 13, 2008 - Mar 18, 2008	-7.88% Jul 31, 2024 - Aug 30, 2024
#6	-2.70% Aug 22, 2016 - Aug 2, 2017	-6.67% Nov 30, 2022 - Jan 13, 2023
#7	-2.63% Apr 23, 2013 - Oct 23, 2013	-5.19% Mar 28, 2024 - Jul 15, 2024
#8	-2.07% Sep 5, 2017 - Jan 11, 2019	-4.58% Aug 30, 2024 - Sep 19, 2024
#9	-1.87% Feb 13, 2009 - Apr 16, 2009	-4.42% Oct 27, 2025 - Nov 28, 2025
#10	-1.75% Mar 18, 2008 - Aug 15, 2008	-4.07% Oct 6, 2025 - Oct 27, 2025
#11	-1.67% Sep 6, 2011 - Jan 11, 2012	-3.75% Dec 27, 2023 - Jan 30, 2024
#12	-1.67% Apr 4, 2025 - Jun 12, 2025	-3.29% Nov 1, 2022 - Nov 7, 2022
#13	-1.31% Oct 3, 2024 - Feb 25, 2025	-3.27% Jan 13, 2023 - Jan 23, 2023
#14	-1.24% Sep 17, 2008 - Sep 23, 2008	-2.93% Oct 17, 2024 - Nov 6, 2024
#15	-1.13% Feb 26, 2026 - Jul 6, 2026	-2.85% Jul 16, 2024 - Jul 31, 2024

Correlation

Correlation between SHM and RDVI is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2007 - 2026)

SHM vs RDVI dividend yield comparison.

Year	SHM	RDVI
2026	1.56%	4.55%
2025	2.61%	8.10%
2024	2.06%	8.62%
2023	1.15%	8.45%
2022	0.69%	1.53%
2021	0.86%	0.00%
2020	1.24%	0.00%
2019	1.40%	0.00%
2018	1.23%	0.00%
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%