SHY vs XLU

Comparison between ISHARES 1-3 YEAR TREASURY BOND ETF (SHY, ETF) and THE UTILITIES SELECT SECTOR SPDR FUND (XLU, ETF).

5-Year PerformanceXLU has outperformed SHY, delivering a return of +9.5% compared to +1.7%

SHY vs XLU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHY(ETF)	XLU(ETF)
Net Assets	$25B	$24B
Expense Ratio	0.15%	0.08%
Max Drawdown	7.25%	55.68%
Sharpe Ratio	-0.22	0.73
5Y Beta	-0.00	0.34
P/E Ratio	N/A	21.27
Forward P/E	N/A	19.32
PEG Ratio	N/A	0.90
5Y Dividends CAGR	44.93%	3.84%
5Y EPS CAGR	N/A	12.64%
Debt to Equity	N/A	130.53%
P/S Ratio	N/A	2.98
P/B Ratio	N/A	2.47

Net Assets

Winner

SHY

$25B

XLU

$24B

Expense Ratio

SHY

0.15%

Winner

XLU

0.08%

Max Drawdown

Winner

SHY

7.25%

XLU

55.68%

Sharpe Ratio

SHY

-0.22

Winner

XLU

0.73

5Y Beta

Winner

SHY

-0.00

XLU

0.34

P/E Ratio

SHY

N/A

XLU

21.27

Forward P/E

SHY

N/A

XLU

19.32

PEG Ratio

SHY

N/A

XLU

0.90

5Y Dividends CAGR

Winner

SHY

44.93%

XLU

3.84%

5Y EPS CAGR

SHY

N/A

XLU

12.64%

Debt to Equity

SHY

N/A

XLU

130.53%

P/S Ratio

SHY

N/A

XLU

2.98

P/B Ratio

SHY

N/A

XLU

2.47

SHY vs XLU - Historical Returns

Returns include dividend reinvestment.

Period	SHY	XLU
1 month	+0.15%	-4.40%
3 months	+0.16%	+3.56%
6 months	+1.14%	+1.16%
1 year	+3.57%	+14.81%
5 years(CAGR)	+1.73%	+9.51%
10 years(CAGR)	+1.65%	+9.61%
Max(CAGR)	+1.96%	+7.91%

Winner

SHY

+0.15%

XLU

-4.40%

SHY

+0.16%

Winner

XLU

+3.56%

SHY

+1.14%

Winner

XLU

+1.16%

SHY

+3.57%

Winner

XLU

+14.81%

5Y(CAGR)

SHY

+1.73%

Winner

XLU

+9.51%

10Y(CAGR)

SHY

+1.65%

Winner

XLU

+9.61%

Max(CAGR)

SHY

+1.96%

Winner

XLU

+7.91%

SHY vs XLU - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SHY	XLU
2026	+0.49%	+4.28%
2025	+4.98%	+15.12%
2024	+4.04%	+21.52%
2023	+4.07%	-7.17%
2022	-3.77%	+2.43%
2021	-0.73%	+20.74%
2020	+2.99%	+1.85%
2019	+3.37%	+28.12%
2018	+1.50%	+4.90%
2017	+0.34%	+12.31%
2016	+0.69%	+16.30%
2015	+0.32%	-5.35%
2014	+0.40%	+30.73%
2013	+0.24%	+11.01%
2012	+0.34%	+2.87%
2011	+1.46%	+19.04%
2010	+2.14%	+5.10%
2009	+0.89%	+9.16%
2008	+6.42%	-28.52%
2007	+7.24%	+18.09%
2006	+3.75%	+18.82%
2005	+1.52%	+17.72%
2004	+0.91%	+23.90%
2003	+2.19%	+23.54%
2002	+2.03%	-29.77%
2001	N/A	-11.65%
2000	N/A	+26.52%
1999	N/A	-5.71%

SHY vs XLU Drawdown Comparison

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

The maximum drawdown for XLU was -51.96%, occurring on Oct 9, 2002. Recovery took 933 trading sessions.

The current SHY drawdown is -0.20%. The current XLU drawdown is -5.66%.

Rank	SHY	XLU
#1	-5.71% Aug 2, 2021 - Jun 3, 2024	-51.96% May 21, 2001 - Feb 8, 2005
#2	-2.23% Mar 17, 2008 - Sep 15, 2008	-46.49% Dec 10, 2007 - Jun 14, 2012
#3	-1.90% Mar 24, 2004 - Oct 20, 2004	-36.03% Feb 18, 2020 - Aug 5, 2021
#4	-1.19% Dec 30, 2008 - Jul 8, 2009	-25.26% Sep 12, 2022 - Aug 1, 2024
#5	-1.07% Sep 7, 2017 - Nov 28, 2018	-21.46% Nov 1, 1999 - Jun 13, 2000
#6	-0.99% Jul 5, 2016 - Aug 11, 2017	-15.71% Apr 8, 2022 - Aug 12, 2022
#7	-0.98% Jun 13, 2003 - Sep 30, 2003	-15.69% Jan 29, 2015 - Mar 8, 2016
#8	-0.97% Sep 24, 2024 - Jan 27, 2025	-15.59% Nov 14, 2017 - Oct 24, 2018
#9	-0.89% Feb 27, 2026 - Mar 26, 2026	-13.25% Dec 13, 2000 - May 21, 2001
#10	-0.88% Sep 17, 2008 - Oct 2, 2008	-12.44% Jul 6, 2016 - Mar 22, 2017
#11	-0.87% Oct 25, 2004 - May 5, 2005	-12.04% Apr 30, 2013 - Feb 14, 2014
#12	-0.87% Dec 1, 2009 - Feb 5, 2010	-11.86% Oct 3, 2005 - Jul 19, 2006
#13	-0.81% Nov 1, 2010 - May 3, 2011	-11.73% May 18, 2007 - Oct 31, 2007
#14	-0.80% Oct 9, 2002 - Oct 31, 2002	-10.51% Nov 29, 2024 - May 16, 2025
#15	-0.75% Jul 10, 2009 - Aug 28, 2009	-9.94% Jul 30, 2012 - Feb 28, 2013

Correlation

Correlation between SHY and XLU is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (1999 - 2026)

SHY vs XLU dividend yield comparison.

Year	SHY	XLU
2026	1.17%	0.69%
2025	3.81%	2.71%
2024	3.92%	2.96%
2023	2.99%	3.39%
2022	1.30%	2.92%
2021	0.26%	2.79%
2020	0.94%	3.14%
2019	2.12%	2.95%
2018	1.72%	3.33%
2017	0.98%	3.33%
2016	0.71%	3.41%
2015	0.54%	3.67%
2014	0.36%	3.19%
2013	0.26%	3.86%
2012	0.37%	4.14%
2011	0.81%	3.80%
2010	1.03%	4.06%
2009	2.41%	4.11%
2008	3.41%	4.26%
2007	4.27%	2.59%
2006	4.13%	3.23%
2005	3.05%	3.22%
2004	1.94%	3.14%
2003	1.59%	3.41%
2002	0.78%	4.81%
2001	0.00%	3.14%
2000	0.00%	4.26%
1999	0.00%	1.30%