SPAB vs SPY

Comparison between SPDR(R) PORTFOLIO AGGREGATE BOND ETF (SPAB, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed SPAB, delivering a return of +13.3% compared to +0.2%

SPAB vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPAB(ETF)	SPY(ETF)
Net Assets	$9.30B	$652B
Expense Ratio	0.03%	0.09%
Max Drawdown	24.08%	56.47%
Sharpe Ratio	0.35	2.07
5Y Beta	0.03	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	9.42%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

SPAB

$9.30B

Winner

SPY

$652B

Expense Ratio

Winner

SPAB

0.03%

SPY

0.09%

Max Drawdown

Winner

SPAB

24.08%

SPY

56.47%

Sharpe Ratio

SPAB

0.35

Winner

SPY

2.07

5Y Beta

Winner

SPAB

0.03

SPY

1.00

P/E Ratio

SPAB

N/A

SPY

28.24

Forward P/E

SPAB

N/A

SPY

21.85

5Y Dividends CAGR

Winner

SPAB

9.42%

SPY

5.43%

5Y EPS CAGR

SPAB

N/A

SPY

25.79%

Debt to Equity

SPAB

N/A

SPY

22.35%

P/S Ratio

SPAB

N/A

SPY

3.55

P/B Ratio

SPAB

N/A

SPY

5.29

SPAB vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	SPAB	SPY
1 month	+0.07%	+9.11%
3 months	+0.03%	+6.59%
6 months	+0.92%	+10.56%
1 year	+5.56%	+32.04%
5 years(CAGR)	+0.16%	+13.35%
10 years(CAGR)	+1.60%	+15.49%
Max(CAGR)	+3.12%	+8.50%

SPAB

+0.07%

Winner

SPY

+9.11%

SPAB

+0.03%

Winner

SPY

+6.59%

SPAB

+0.92%

Winner

SPY

+10.56%

SPAB

+5.56%

Winner

SPY

+32.04%

5Y(CAGR)

SPAB

+0.16%

Winner

SPY

+13.35%

10Y(CAGR)

SPAB

+1.60%

Winner

SPY

+15.49%

Max(CAGR)

SPAB

+3.12%

Winner

SPY

+8.50%

SPAB vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SPAB	SPY
2026	+0.66%	+8.27%
2025	+7.16%	+18.00%
2024	+1.68%	+25.59%
2023	+5.02%	+26.72%
2022	-12.57%	-18.64%
2021	-1.71%	+30.52%
2020	+7.17%	+17.28%
2019	+8.55%	+31.09%
2018	-0.04%	-5.24%
2017	+3.66%	+20.78%
2016	+2.28%	+13.59%
2015	+0.06%	+1.31%
2014	+5.94%	+14.56%
2013	-2.08%	+29.00%
2012	+4.23%	+14.17%
2011	+7.94%	+0.85%
2010	+6.30%	+13.14%
2009	+3.94%	+22.67%
2008	+7.97%	-36.25%
2007	+5.46%	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

SPAB vs SPY Drawdown Comparison

The maximum drawdown for SPAB was -18.56%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current SPAB drawdown is -1.96%.

Rank	SPAB	SPY
#1	-18.56% Aug 4, 2020 - Oct 20, 2022	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-13.75% Sep 9, 2008 - Nov 10, 2008	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-9.41% Mar 6, 2020 - May 29, 2020	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-6.43% Jan 20, 2009 - Aug 13, 2009	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-5.01% May 1, 2013 - May 7, 2014	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-4.38% Jul 6, 2016 - Aug 30, 2017	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-3.71% Nov 4, 2010 - May 5, 2011	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-3.58% Sep 7, 2017 - Jan 30, 2019	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-3.47% Mar 17, 2008 - Sep 9, 2008	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-3.11% Jan 30, 2015 - Feb 8, 2016	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-2.97% Nov 10, 2008 - Nov 25, 2008	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-2.04% Sep 4, 2019 - Jan 15, 2020	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-1.82% Dec 18, 2008 - Jan 14, 2009	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-1.81% May 30, 2007 - Jul 26, 2007	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-1.79% Sep 22, 2011 - Dec 16, 2011	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between SPAB and SPY is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (1999 - 2026)

SPAB vs SPY dividend yield comparison.

Year	SPAB	SPY
2026	1.33%	0.24%
2025	3.97%	1.07%
2024	3.86%	1.21%
2023	3.34%	1.40%
2022	2.59%	1.65%
2021	2.11%	1.20%
2020	2.43%	1.52%
2019	2.92%	1.75%
2018	2.96%	2.04%
2017	2.67%	1.80%
2016	2.63%	2.03%
2015	2.59%	2.06%
2014	2.43%	1.87%
2013	1.99%	1.81%
2012	2.35%	2.18%
2011	3.44%	2.05%
2010	4.54%	1.80%
2009	5.24%	1.95%
2008	4.40%	3.02%
2007	2.96%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%