SPDG vs RAAR

Comparison between STATE STREET(R) SPDR(R) PORTFOLIO S&P SECTOR NEUTRAL DIVIDEND ETF (SPDG, ETF) and RECKONER YIELD ENHANCED AAA CLO REINVESTING ETF (RAAR, ETF).

SPDG vs RAAR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPDG(ETF)	RAAR(ETF)
Net Assets	$13M	$13M
Expense Ratio	0.05%	0.40%
Max Drawdown	16.24%	0.65%
Sharpe Ratio	1.69	0.81
5Y Beta	0.74	0.00
P/E Ratio	19.73	N/A
Forward P/E	16.47	N/A
PEG Ratio	0.59	N/A
5Y EPS CAGR	4.30%	N/A
Debt to Equity	-78.24%	N/A
P/S Ratio	2.35	N/A
P/B Ratio	3.45	N/A

Net Assets

SPDG

$13M

Winner

RAAR

$13M

Expense Ratio

Winner

SPDG

0.05%

RAAR

0.40%

Max Drawdown

SPDG

16.24%

Winner

RAAR

0.65%

Sharpe Ratio

Winner

SPDG

1.69

RAAR

0.81

5Y Beta

SPDG

0.74

Winner

RAAR

0.00

P/E Ratio

SPDG

19.73

RAAR

N/A

Forward P/E

SPDG

16.47

RAAR

N/A

PEG Ratio

SPDG

0.59

RAAR

N/A

5Y EPS CAGR

SPDG

4.30%

RAAR

N/A

Debt to Equity

SPDG

-78.24%

RAAR

N/A

P/S Ratio

SPDG

2.35

RAAR

N/A

P/B Ratio

SPDG

3.45

RAAR

N/A

SPDG vs RAAR - Historical Returns

Returns include dividend reinvestment.

Period	SPDG	RAAR
1 month	+4.50%	+0.28%
3 months	+7.44%	+1.79%
6 months	+13.94%	N/A
1 year	+26.86%	N/A
Max(CAGR)	+20.51%	+4.99%

Winner

SPDG

+4.50%

RAAR

+0.28%

Winner

SPDG

+7.44%

RAAR

+1.79%

SPDG

+13.94%

RAAR

N/A

SPDG

+26.86%

RAAR

N/A

Max(CAGR)

Winner

SPDG

+20.51%

RAAR

+4.99%

SPDG vs RAAR - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	SPDG	RAAR
2026	+14.13%	+1.53%
2025	+11.83%	N/A
2024	+20.08%	N/A
2023	+8.14%	N/A

SPDG vs RAAR Drawdown Comparison

The maximum drawdown for SPDG was -15.68%, occurring on Apr 8, 2025. Recovery took 90 trading sessions.

The maximum drawdown for RAAR was -0.65%, occurring on Mar 10, 2026. Recovery took 16 trading sessions.

The current SPDG drawdown is -2.39%. The current RAAR drawdown is -0.16%.

Rank	SPDG	RAAR
#1	-15.68% Feb 20, 2025 - Jul 1, 2025	-0.65% Mar 2, 2026 - Mar 24, 2026
#2	-8.76% Sep 14, 2023 - Nov 30, 2023	-0.26% May 29, 2026 - Jun 3, 2026
#3	-8.34% Feb 11, 2026 - May 11, 2026	-0.08% Feb 20, 2026 - Mar 2, 2026
#4	-6.11% Jul 16, 2024 - Aug 19, 2024	-0.06% Mar 24, 2026 - Apr 1, 2026
#5	-5.53% Mar 28, 2024 - May 15, 2024	-0.06% Apr 14, 2026 - Apr 16, 2026
#6	-4.68% Dec 16, 2024 - Jan 21, 2025	-0.05% Feb 17, 2026 - Feb 20, 2026
#7	-4.27% Jul 3, 2025 - Aug 22, 2025	-0.04% Apr 28, 2026 - Apr 30, 2026
#8	-4.08% Aug 30, 2024 - Sep 13, 2024	-0.04% May 12, 2026 - May 14, 2026
#9	-3.98% Oct 17, 2024 - Nov 8, 2024	-0.04% May 7, 2026 - May 12, 2026
#10	-3.92% Nov 12, 2025 - Nov 28, 2025	-0.03% Apr 21, 2026 - Apr 23, 2026
#11	-3.73% Oct 3, 2025 - Oct 27, 2025	-0.01% May 18, 2026 - May 20, 2026
#12	-3.54% May 15, 2024 - Jun 17, 2024	N/A
#13	-2.57% Oct 27, 2025 - Nov 12, 2025	N/A
#14	-2.46% Nov 8, 2024 - Nov 25, 2024	N/A
#15	-2.44% Jan 24, 2025 - Feb 14, 2025	N/A