SHM vs USMC

Comparison between STATE STREET(R) SPDR NUVEEN ICE SHORT TERM MUNICIPAL BOND ETF (SHM, ETF) and PRINCIPAL U.S. MEGA-CAP ETF (USMC, ETF).

5-Year PerformanceUSMC has outperformed SHM, delivering a return of +14.6% compared to +0.9%

SHM vs USMC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHM(ETF)	USMC(ETF)
Net Assets	$3.50B	$3.60B
Expense Ratio	0.20%	0.12%
Max Drawdown	11.61%	29.97%
Sharpe Ratio	-1.34	1.30
5Y Beta	0.01	0.92
P/E Ratio	N/A	26.47
Forward P/E	N/A	18.39
PEG Ratio	N/A	0.22
5Y Dividends CAGR	18.61%	-0.94%
5Y EPS CAGR	N/A	29.76%
Debt to Equity	N/A	50.93%
P/S Ratio	N/A	5.27
P/B Ratio	N/A	6.72

Net Assets

SHM

$3.50B

Winner

USMC

$3.60B

Expense Ratio

SHM

0.20%

Winner

USMC

0.12%

Max Drawdown

Winner

SHM

11.61%

USMC

29.97%

Sharpe Ratio

SHM

-1.34

Winner

USMC

1.30

5Y Beta

Winner

SHM

0.01

USMC

0.92

P/E Ratio

SHM

N/A

USMC

26.47

Forward P/E

SHM

N/A

USMC

18.39

PEG Ratio

SHM

N/A

USMC

0.22

5Y Dividends CAGR

Winner

SHM

18.61%

USMC

-0.94%

5Y EPS CAGR

SHM

N/A

USMC

29.76%

Debt to Equity

SHM

N/A

USMC

50.93%

P/S Ratio

SHM

N/A

USMC

5.27

P/B Ratio

SHM

N/A

USMC

6.72

SHM vs USMC - Historical Returns

Returns include dividend reinvestment.

Period	SHM	USMC
1 month	+0.06%	+2.91%
3 months	+0.65%	+6.86%
6 months	+0.17%	+12.87%
1 year	+1.96%	+21.86%
5 years(CAGR)	+0.91%	+14.55%
10 years(CAGR)	+1.14%	+15.28%
Max(CAGR)	+1.80%	+15.28%

SHM

+0.06%

Winner

USMC

+2.91%

SHM

+0.65%

Winner

USMC

+6.86%

SHM

+0.17%

Winner

USMC

+12.87%

SHM

+1.96%

Winner

USMC

+21.86%

5Y(CAGR)

SHM

+0.91%

Winner

USMC

+14.55%

10Y(CAGR)

SHM

+1.14%

Winner

USMC

+15.28%

Max(CAGR)

SHM

+1.80%

Winner

USMC

+15.28%

SHM vs USMC - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SHM	USMC
2026	+1.02%	+12.56%
2025	+3.86%	+15.84%
2024	+1.22%	+30.19%
2023	+2.81%	+31.46%
2022	-3.80%	-17.74%
2021	-0.37%	+27.40%
2020	+2.53%	+14.89%
2019	+3.60%	+28.26%
2018	+1.42%	-2.42%
2017	+1.01%	+5.48%
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 USMC Drawdown Comparison

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

The maximum drawdown for USMC was -29.97%, occurring on Mar 23, 2020. Recovery took 126 trading sessions.

The current SHM drawdown is -0.11%. The current USMC drawdown is -0.02%.

Rank	SHM	USMC
#1	-11.61% Mar 9, 2020 - May 19, 2020	-29.97% Feb 19, 2020 - Aug 18, 2020
#2	-6.97% Sep 23, 2008 - Dec 5, 2008	-24.11% Dec 29, 2021 - Jul 3, 2023
#3	-6.67% Aug 3, 2021 - Sep 5, 2024	-19.12% Feb 13, 2025 - Jul 3, 2025
#4	-3.50% Aug 31, 2010 - May 6, 2011	-16.19% Oct 2, 2018 - Mar 21, 2019
#5	-3.07% Feb 13, 2008 - Mar 18, 2008	-11.01% Jan 29, 2018 - Aug 27, 2018
#6	-2.70% Aug 22, 2016 - Aug 2, 2017	-10.30% Oct 29, 2025 - Apr 17, 2026
#7	-2.63% Apr 23, 2013 - Oct 23, 2013	-9.27% Sep 2, 2020 - Dec 1, 2020
#8	-2.07% Sep 5, 2017 - Jan 11, 2019	-9.13% Jul 31, 2023 - Nov 20, 2023
#9	-1.87% Feb 13, 2009 - Apr 16, 2009	-8.38% Jul 10, 2024 - Aug 30, 2024
#10	-1.75% Mar 18, 2008 - Aug 15, 2008	-5.90% Apr 29, 2019 - Jun 18, 2019
#11	-1.67% Sep 6, 2011 - Jan 11, 2012	-5.58% Jul 26, 2019 - Oct 28, 2019
#12	-1.67% Apr 4, 2025 - Jun 12, 2025	-5.44% Mar 20, 2024 - May 15, 2024
#13	-1.31% Oct 3, 2024 - Feb 25, 2025	-5.22% Feb 17, 2021 - Mar 29, 2021
#14	-1.24% Sep 17, 2008 - Sep 23, 2008	-4.45% Dec 17, 2024 - Jan 23, 2025
#15	-1.13% Feb 26, 2026 - Jul 6, 2026	-4.32% Sep 3, 2021 - Oct 20, 2021

Correlation

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

0.82

-101

Dividend Comparison (2007 - 2026)

SHM vs USMC dividend yield comparison.

Year	SHM	USMC
2026	1.56%	0.37%
2025	2.61%	0.79%
2024	2.06%	1.04%
2023	1.15%	1.35%
2022	0.69%	1.78%
2021	0.86%	1.53%
2020	1.24%	1.55%
2019	1.40%	2.01%
2018	1.23%	2.28%
2017	1.06%	0.24%
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%