SHY vs MTUM

Comparison between ISHARES 1-3 YEAR TREASURY BOND ETF (SHY, ETF) and ISHARES MSCI USA MOMENTUM FACTOR ETF (MTUM, ETF).

5-Year PerformanceMTUM has outperformed SHY, delivering a return of +15.0% compared to +1.7%

SHY vs MTUM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHY(ETF)	MTUM(ETF)
Net Assets	$25B	$24B
Expense Ratio	0.15%	0.15%
Max Drawdown	7.25%	34.08%
Sharpe Ratio	-0.24	1.74
5Y Beta	-0.00	1.19
P/E Ratio	N/A	34.77
Forward P/E	N/A	22.59
PEG Ratio	N/A	0.27
5Y Dividends CAGR	44.93%	13.21%
5Y EPS CAGR	N/A	28.13%
Debt to Equity	N/A	39.51%
P/S Ratio	N/A	3.90
P/B Ratio	N/A	6.49

Net Assets

Winner

SHY

$25B

MTUM

$24B

Expense Ratio

SHY

0.15%

MTUM

0.15%

Max Drawdown

Winner

SHY

7.25%

MTUM

34.08%

Sharpe Ratio

SHY

-0.24

Winner

MTUM

1.74

5Y Beta

Winner

SHY

-0.00

MTUM

1.19

P/E Ratio

SHY

N/A

MTUM

34.77

Forward P/E

SHY

N/A

MTUM

22.59

PEG Ratio

SHY

N/A

MTUM

0.27

5Y Dividends CAGR

Winner

SHY

44.93%

MTUM

13.21%

5Y EPS CAGR

SHY

N/A

MTUM

28.13%

Debt to Equity

SHY

N/A

MTUM

39.51%

P/S Ratio

SHY

N/A

MTUM

3.90

P/B Ratio

SHY

N/A

MTUM

6.49

SHY vs MTUM - Historical Returns

Returns include dividend reinvestment.

Period	SHY	MTUM
1 month	-0.08%	+13.98%
3 months	-0.07%	+21.31%
6 months	+0.94%	+20.96%
1 year	+3.53%	+36.92%
5 years(CAGR)	+1.71%	+14.98%
10 years(CAGR)	+1.64%	+16.49%
Max(CAGR)	+1.95%	+16.00%

SHY

-0.08%

Winner

MTUM

+13.98%

SHY

-0.07%

Winner

MTUM

+21.31%

SHY

+0.94%

Winner

MTUM

+20.96%

SHY

+3.53%

Winner

MTUM

+36.92%

5Y(CAGR)

SHY

+1.71%

Winner

MTUM

+14.98%

10Y(CAGR)

SHY

+1.64%

Winner

MTUM

+16.49%

Max(CAGR)

SHY

+1.95%

Winner

MTUM

+16.00%

SHY vs MTUM - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	SHY	MTUM
2026	+0.32%	+20.09%
2025	+4.98%	+21.53%
2024	+4.04%	+35.37%
2023	+4.07%	+10.93%
2022	-3.77%	-18.43%
2021	-0.73%	+14.23%
2020	+2.99%	+29.42%
2019	+3.37%	+28.11%
2018	+1.50%	-2.42%
2017	+0.34%	+37.10%
2016	+0.69%	+7.16%
2015	+0.32%	+9.10%
2014	+0.40%	+15.81%
2013	+0.24%	+19.20%
2012	+0.34%	N/A
2011	+1.46%	N/A
2010	+2.14%	N/A
2009	+0.89%	N/A
2008	+6.42%	N/A
2007	+7.24%	N/A
2006	+3.75%	N/A
2005	+1.52%	N/A
2004	+0.91%	N/A
2003	+2.19%	N/A
2002	+2.03%	N/A

SHY vs MTUM Drawdown Comparison

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

The maximum drawdown for MTUM was -34.08%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.

The current SHY drawdown is -0.37%. The current MTUM drawdown is -1.12%.

Rank	SHY	MTUM
#1	-5.71% Aug 2, 2021 - Jun 3, 2024	-34.08% Feb 19, 2020 - Jul 6, 2020
#2	-2.23% Mar 17, 2008 - Sep 15, 2008	-32.28% Nov 3, 2021 - Mar 4, 2024
#3	-1.90% Mar 24, 2004 - Oct 20, 2004	-22.12% Oct 1, 2018 - Jun 18, 2019
#4	-1.19% Dec 30, 2008 - Jul 8, 2009	-20.99% Feb 18, 2025 - May 15, 2025
#5	-1.07% Sep 7, 2017 - Nov 28, 2018	-15.75% Feb 12, 2021 - Aug 5, 2021
#6	-0.99% Jul 5, 2016 - Aug 11, 2017	-12.96% Jul 10, 2024 - Sep 23, 2024
#7	-0.98% Jun 13, 2003 - Sep 30, 2003	-12.95% Dec 29, 2015 - May 10, 2016
#8	-0.97% Sep 24, 2024 - Jan 27, 2025	-11.54% Jan 29, 2026 - Apr 9, 2026
#9	-0.89% Feb 27, 2026 - Mar 26, 2026	-10.79% Jul 20, 2015 - Nov 27, 2015
#10	-0.88% Sep 17, 2008 - Oct 2, 2008	-10.31% Sep 2, 2020 - Nov 30, 2020
#11	-0.87% Oct 25, 2004 - May 5, 2005	-10.23% Jan 26, 2018 - Jun 6, 2018
#12	-0.87% Dec 1, 2009 - Feb 5, 2010	-8.90% Mar 5, 2014 - Jun 20, 2014
#13	-0.81% Nov 1, 2010 - May 3, 2011	-8.58% Sep 18, 2014 - Oct 31, 2014
#14	-0.80% Oct 9, 2002 - Oct 31, 2002	-8.18% Mar 7, 2024 - May 15, 2024
#15	-0.75% Jul 10, 2009 - Aug 28, 2009	-7.82% Oct 29, 2025 - Jan 6, 2026

Correlation

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

0.96

-101

Dividend Comparison (2002 - 2026)

SHY vs MTUM dividend yield comparison.

Year	SHY	MTUM
2026	1.17%	0.07%
2025	3.81%	0.91%
2024	3.92%	0.75%
2023	2.99%	1.35%
2022	1.30%	1.80%
2021	0.26%	0.55%
2020	0.94%	0.83%
2019	2.12%	1.48%
2018	1.72%	1.27%
2017	0.98%	1.02%
2016	0.71%	1.43%
2015	0.54%	1.12%
2014	0.36%	1.04%
2013	0.26%	1.02%
2012	0.37%	0.00%
2011	0.81%	0.00%
2010	1.03%	0.00%
2009	2.41%	0.00%
2008	3.41%	0.00%
2007	4.27%	0.00%
2006	4.13%	0.00%
2005	3.05%	0.00%
2004	1.94%	0.00%
2003	1.59%	0.00%
2002	0.78%	0.00%