SHY vs MDY

Comparison between ISHARES 1-3 YEAR TREASURY BOND ETF (SHY, ETF) and S&P MidCap 400 ETF (MDY, ETF).

5-Year PerformanceMDY has outperformed SHY, delivering a return of +7.3% compared to +1.7%

SHY vs MDY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHY(ETF)	MDY(ETF)
Net Assets	$25B	$24B
Expense Ratio	0.15%	0.23%
Max Drawdown	7.25%	56.26%
Sharpe Ratio	-0.22	1.41
5Y Beta	-0.00	0.99
P/E Ratio	N/A	24.58
Forward P/E	N/A	16.58
5Y Dividends CAGR	44.93%	8.61%
5Y EPS CAGR	N/A	12.56%
Debt to Equity	N/A	56.25%
P/S Ratio	N/A	1.57
P/B Ratio	N/A	2.66

Net Assets

Winner

SHY

$25B

MDY

$24B

Expense Ratio

Winner

SHY

0.15%

MDY

0.23%

Max Drawdown

Winner

SHY

7.25%

MDY

56.26%

Sharpe Ratio

SHY

-0.22

Winner

MDY

1.41

5Y Beta

Winner

SHY

-0.00

MDY

0.99

P/E Ratio

SHY

N/A

MDY

24.58

Forward P/E

SHY

N/A

MDY

16.58

5Y Dividends CAGR

Winner

SHY

44.93%

MDY

8.61%

5Y EPS CAGR

SHY

N/A

MDY

12.56%

Debt to Equity

SHY

N/A

MDY

56.25%

P/S Ratio

SHY

N/A

MDY

1.57

P/B Ratio

SHY

N/A

MDY

2.66

SHY vs MDY - Historical Returns

Returns include dividend reinvestment.

Period	SHY	MDY
1 month	+0.15%	+4.90%
3 months	+0.16%	+3.24%
6 months	+1.14%	+14.61%
1 year	+3.57%	+26.74%
5 years(CAGR)	+1.73%	+7.31%
10 years(CAGR)	+1.65%	+11.26%
Max(CAGR)	+1.96%	+10.00%

SHY

+0.15%

Winner

MDY

+4.90%

SHY

+0.16%

Winner

MDY

+3.24%

SHY

+1.14%

Winner

MDY

+14.61%

SHY

+3.57%

Winner

MDY

+26.74%

5Y(CAGR)

SHY

+1.73%

Winner

MDY

+7.31%

10Y(CAGR)

SHY

+1.65%

Winner

MDY

+11.26%

Max(CAGR)

SHY

+1.96%

Winner

MDY

+10.00%

SHY vs MDY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SHY	MDY
2026	+0.49%	+10.74%
2025	+4.98%	+7.44%
2024	+4.04%	+14.00%
2023	+4.07%	+16.64%
2022	-3.77%	-13.53%
2021	-0.73%	+26.53%
2020	+2.99%	+13.37%
2019	+3.37%	+26.23%
2018	+1.50%	-12.12%
2017	+0.34%	+15.30%
2016	+0.69%	+22.01%
2015	+0.32%	-2.35%
2014	+0.40%	+10.67%
2013	+0.24%	+29.47%
2012	+0.34%	+16.51%
2011	+1.46%	-3.32%
2010	+2.14%	+24.20%
2009	+0.89%	+33.95%
2008	+6.42%	-36.01%
2007	+7.24%	+6.68%
2006	+3.75%	+8.55%
2005	+1.52%	+13.72%
2004	+0.91%	+15.51%
2003	+2.19%	+31.04%
2002	+2.03%	-14.53%
2001	N/A	+3.12%
2000	N/A	+18.83%
1999	N/A	+10.57%

SHY vs MDY Drawdown Comparison

The maximum drawdown for SHY was -5.71%, occurring on Oct 20, 2022. Recovery took 713 trading sessions.

The maximum drawdown for MDY was -55.34%, occurring on Mar 9, 2009. Recovery took 857 trading sessions.

The current SHY drawdown is -0.20%. The current MDY drawdown is -0.83%.

Rank	SHY	MDY
#1	-5.71% Aug 2, 2021 - Jun 3, 2024	-55.34% Jul 13, 2007 - Dec 6, 2010
#2	-2.23% Mar 17, 2008 - Sep 15, 2008	-42.21% Feb 20, 2020 - Nov 9, 2020
#3	-1.90% Mar 24, 2004 - Oct 20, 2004	-32.04% Apr 16, 2002 - Oct 13, 2003
#4	-1.19% Dec 30, 2008 - Jul 8, 2009	-26.20% Apr 29, 2011 - Mar 26, 2012
#5	-1.07% Sep 7, 2017 - Nov 28, 2018	-25.60% Sep 7, 2000 - Apr 10, 2002
#6	-0.99% Jul 5, 2016 - Aug 11, 2017	-24.04% Nov 25, 2024 - Dec 10, 2025
#7	-0.98% Jun 13, 2003 - Sep 30, 2003	-23.79% Nov 16, 2021 - Feb 12, 2024
#8	-0.97% Sep 24, 2024 - Jan 27, 2025	-23.16% Aug 29, 2018 - Nov 26, 2019
#9	-0.89% Feb 27, 2026 - Mar 26, 2026	-19.27% Jun 23, 2015 - Jul 11, 2016
#10	-0.88% Sep 17, 2008 - Oct 2, 2008	-13.95% Mar 24, 2000 - Jun 2, 2000
#11	-0.87% Oct 25, 2004 - May 5, 2005	-12.52% May 8, 2006 - Dec 4, 2006
#12	-0.87% Dec 1, 2009 - Feb 5, 2010	-11.12% Mar 26, 2012 - Sep 7, 2012
#13	-0.81% Nov 1, 2010 - May 3, 2011	-10.55% Jul 1, 2014 - Nov 21, 2014
#14	-0.80% Oct 9, 2002 - Oct 31, 2002	-10.49% Apr 5, 2004 - Nov 4, 2004
#15	-0.75% Jul 10, 2009 - Aug 28, 2009	-9.69% Jan 26, 2018 - Jun 6, 2018

Correlation

Correlation between SHY and MDY is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (1999 - 2026)

SHY vs MDY dividend yield comparison.

Year	SHY	MDY
2026	1.17%	0.22%
2025	3.81%	1.15%
2024	3.92%	1.18%
2023	2.99%	1.21%
2022	1.30%	1.37%
2021	0.26%	0.96%
2020	0.94%	1.12%
2019	2.12%	1.34%
2018	1.72%	1.39%
2017	0.98%	1.18%
2016	0.71%	1.31%
2015	0.54%	1.35%
2014	0.36%	1.17%
2013	0.26%	1.07%
2012	0.37%	1.14%
2011	0.81%	1.07%
2010	1.03%	0.91%
2009	2.41%	1.22%
2008	3.41%	1.87%
2007	4.27%	1.18%
2006	4.13%	1.18%
2005	3.05%	1.04%
2004	1.94%	0.87%
2003	1.59%	0.82%
2002	0.78%	0.91%
2001	0.00%	0.77%
2000	0.00%	0.82%
1999	0.00%	2.69%