SMLV vs GOVZ

Comparison between STATE STREET(R) SPDR(R) US SMALL CAP LOW VOLATILITY INDEX ETF (SMLV, ETF) and ISHARES 25+ YEAR TREASURY STRIPS BOND ETF (GOVZ, ETF).

5-Year PerformanceSMLV has outperformed GOVZ, delivering a return of +9.9% compared to -14.2%

SMLV vs GOVZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMLV(ETF)	GOVZ(ETF)
Net Assets	$258M	$258M
Expense Ratio	0.12%	0.10%
Max Drawdown	42.87%	67.53%
Sharpe Ratio	1.50	-0.39
5Y Beta	0.72	0.13
P/E Ratio	26.52	N/A
Forward P/E	14.38	N/A
5Y Dividends CAGR	12.18%	10.13%
5Y EPS CAGR	11.43%	N/A
Debt to Equity	63.23%	N/A
P/S Ratio	1.67	N/A
P/B Ratio	1.80	N/A

Net Assets

Winner

SMLV

$258M

GOVZ

$258M

Expense Ratio

SMLV

0.12%

Winner

GOVZ

0.10%

Max Drawdown

Winner

SMLV

42.87%

GOVZ

67.53%

Sharpe Ratio

Winner

SMLV

1.50

GOVZ

-0.39

5Y Beta

SMLV

0.72

Winner

GOVZ

0.13

P/E Ratio

SMLV

26.52

GOVZ

N/A

Forward P/E

SMLV

14.38

GOVZ

N/A

5Y Dividends CAGR

Winner

SMLV

12.18%

GOVZ

10.13%

5Y EPS CAGR

SMLV

11.43%

GOVZ

N/A

Debt to Equity

SMLV

63.23%

GOVZ

N/A

P/S Ratio

SMLV

1.67

GOVZ

N/A

P/B Ratio

SMLV

1.80

GOVZ

N/A

SMLV vs GOVZ - Historical Returns

Returns include dividend reinvestment.

Period	SMLV	GOVZ
1 month	+0.55%	-1.67%
3 months	+8.63%	-3.15%
6 months	+13.89%	-10.43%
1 year	+24.04%	-4.24%
5 years(CAGR)	+9.86%	-14.19%
10 years(CAGR)	+10.36%	N/A
Max(CAGR)	+11.08%	-13.90%

Winner

SMLV

+0.55%

GOVZ

-1.67%

Winner

SMLV

+8.63%

GOVZ

-3.15%

Winner

SMLV

+13.89%

GOVZ

-10.43%

Winner

SMLV

+24.04%

GOVZ

-4.24%

5Y(CAGR)

Winner

SMLV

+9.86%

GOVZ

-14.19%

10Y(CAGR)

SMLV

+10.36%

GOVZ

N/A

Max(CAGR)

Winner

SMLV

+11.08%

GOVZ

-13.90%

SMLV vs GOVZ - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	SMLV	GOVZ
2026	+23.03%	-5.85%
2025	+6.66%	-2.00%
2024	+17.20%	-15.35%
2023	+7.45%	-1.66%
2022	-8.11%	-38.84%
2021	+29.84%	-4.48%
2020	-1.27%	-5.61%
2019	+23.87%	N/A
2018	-6.82%	N/A
2017	+4.97%	N/A
2016	+33.71%	N/A
2015	-0.90%	N/A
2014	+15.16%	N/A
2013	+23.62%	N/A

SMLV vs GOVZ Drawdown Comparison

The maximum drawdown for SMLV was -42.43%, occurring on Mar 23, 2020. Recovery took 245 trading sessions.

The maximum drawdown for GOVZ was -59.94%, occurring on Aug 17, 2026. This drawdown has not yet recovered.

The current SMLV drawdown is -2.05%. The current GOVZ drawdown is -58.73%.

Rank	SMLV	GOVZ
#1	-42.43% Jan 16, 2020 - Jan 6, 2021	-59.94% Sep 24, 2020 - Aug 17, 2026
#2	-20.42% Nov 25, 2024 - Jan 12, 2026	N/A
#3	-18.95% Jan 4, 2022 - Jul 11, 2024	N/A
#4	-18.82% Aug 31, 2018 - Sep 13, 2019	N/A
#5	-14.30% Dec 1, 2015 - Apr 27, 2016	N/A
#6	-9.84% Apr 2, 2015 - Nov 27, 2015	N/A
#7	-8.94% Jul 26, 2024 - Sep 19, 2024	N/A
#8	-8.39% Nov 29, 2017 - May 25, 2018	N/A
#9	-7.34% Feb 6, 2026 - Apr 9, 2026	N/A
#10	-7.13% Sep 3, 2014 - Oct 29, 2014	N/A
#11	-7.06% Nov 5, 2021 - Jan 4, 2022	N/A
#12	-6.76% Mar 12, 2021 - Jun 8, 2021	N/A
#13	-6.75% Jun 8, 2021 - Oct 20, 2021	N/A
#14	-6.43% Jun 8, 2016 - Jul 11, 2016	N/A
#15	-6.29% Jan 4, 2017 - Apr 26, 2017	N/A

Correlation

Correlation between SMLV and GOVZ is -0.63 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.63

-101

Dividend Comparison (2013 - 2026)

SMLV vs GOVZ dividend yield comparison.

Year	SMLV	GOVZ
2026	1.02%	3.23%
2025	2.74%	5.00%
2024	2.68%	4.68%
2023	2.68%	3.83%
2022	2.40%	3.69%
2021	2.12%	1.76%
2020	2.47%	0.39%
2019	2.62%	0.00%
2018	3.15%	0.00%
2017	7.92%	0.00%
2016	3.04%	0.00%
2015	2.63%	0.00%
2014	2.76%	0.00%
2013	3.68%	0.00%