SPDW vs VGSH

Comparison between SPDR(R) PORTFOLIO DEVELOPED WORLD EX-US ETF (SPDW, ETF) and VANGUARD SHORT-TERM TREASURY INDEX FUND ETF SHARES (VGSH, ETF).

5-Year PerformanceSPDW has outperformed VGSH, delivering a return of +9.5% compared to +1.8%

SPDW vs VGSH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPDW(ETF)	VGSH(ETF)
Net Assets	$36B	$33B
Expense Ratio	0.03%	0.03%
Max Drawdown	62.16%	8.05%
Sharpe Ratio	1.87	-0.16
5Y Beta	0.75	-0.02
5Y Dividends CAGR	13.43%	23.40%

Net Assets

Winner

SPDW

$36B

VGSH

$33B

Expense Ratio

SPDW

0.03%

VGSH

0.03%

Max Drawdown

SPDW

62.16%

Winner

VGSH

8.05%

Sharpe Ratio

Winner

SPDW

1.87

VGSH

-0.16

5Y Beta

SPDW

0.75

Winner

VGSH

-0.02

5Y Dividends CAGR

SPDW

13.43%

Winner

VGSH

23.40%

SPDW vs VGSH - Historical Returns

Returns include dividend reinvestment.

Period	SPDW	VGSH
1 month	+4.46%	+0.15%
3 months	+3.81%	+0.18%
6 months	+18.65%	+1.17%
1 year	+36.49%	+3.65%
5 years(CAGR)	+9.46%	+1.83%
10 years(CAGR)	+10.26%	+1.74%
Max(CAGR)	+5.11%	+1.41%

Winner

SPDW

+4.46%

VGSH

+0.15%

Winner

SPDW

+3.81%

VGSH

+0.18%

Winner

SPDW

+18.65%

VGSH

+1.17%

Winner

SPDW

+36.49%

VGSH

+3.65%

5Y(CAGR)

Winner

SPDW

+9.46%

VGSH

+1.83%

10Y(CAGR)

Winner

SPDW

+10.26%

VGSH

+1.74%

Max(CAGR)

Winner

SPDW

+5.11%

VGSH

+1.41%

SPDW vs VGSH - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SPDW	VGSH
2026	+12.20%	+0.53%
2025	+35.04%	+5.09%
2024	+4.67%	+4.14%
2023	+17.29%	+4.23%
2022	-16.44%	-3.73%
2021	+10.78%	-0.64%
2020	+9.03%	+3.04%
2019	+22.59%	+3.56%
2018	-14.87%	+1.60%
2017	+25.12%	+0.45%
2016	+4.63%	+1.15%
2015	-1.21%	+0.44%
2014	-3.60%	+0.51%
2013	+17.28%	+0.34%
2012	+15.67%	+0.52%
2011	-14.17%	+1.48%
2010	+8.26%	+2.13%
2009	+27.02%	-0.52%
2008	-40.20%	N/A
2007	+2.52%	N/A

SPDW vs VGSH Drawdown Comparison

The maximum drawdown for SPDW was -60.01%, occurring on Mar 9, 2009. Recovery took 1652 trading sessions.

The maximum drawdown for VGSH was -5.70%, occurring on Oct 20, 2022. Recovery took 773 trading sessions.

The current SPDW drawdown is -0.06%. The current VGSH drawdown is -0.21%.

Rank	SPDW	VGSH
#1	-60.01% Oct 31, 2007 - May 27, 2014	-5.70% Apr 20, 2021 - May 15, 2024
#2	-34.97% Jan 26, 2018 - Nov 11, 2020	-1.09% Sep 7, 2017 - Nov 19, 2018
#3	-30.23% Sep 3, 2021 - Mar 7, 2024	-0.97% Sep 24, 2024 - Jan 24, 2025
#4	-23.54% Jul 3, 2014 - May 2, 2017	-0.94% Jul 5, 2016 - Jul 28, 2017
#5	-13.53% Mar 19, 2025 - Apr 28, 2025	-0.88% Feb 27, 2026 - Mar 26, 2026
#6	-12.79% Jul 16, 2007 - Oct 10, 2007	-0.83% Nov 3, 2010 - May 5, 2011
#7	-11.55% Feb 26, 2026 - May 6, 2026	-0.74% Dec 1, 2009 - Jan 22, 2010
#8	-9.62% Sep 26, 2024 - Mar 5, 2025	-0.73% Apr 30, 2025 - Jun 23, 2025
#9	-7.71% Jul 12, 2024 - Aug 21, 2024	-0.72% Oct 14, 2015 - Feb 2, 2016
#10	-5.66% Jun 14, 2021 - Sep 2, 2021	-0.65% Sep 4, 2019 - Oct 2, 2019
#11	-5.23% Nov 12, 2025 - Dec 10, 2025	-0.60% Mar 2, 2010 - May 4, 2010
#12	-4.74% Mar 27, 2024 - May 9, 2024	-0.53% Oct 15, 2014 - Jan 14, 2015
#13	-4.49% Jan 8, 2021 - Feb 9, 2021	-0.48% Mar 9, 2020 - Mar 20, 2020
#14	-4.38% Oct 12, 2007 - Oct 26, 2007	-0.47% Feb 11, 2016 - Apr 7, 2016
#15	-4.28% Jul 23, 2025 - Aug 13, 2025	-0.47% Jan 15, 2015 - Apr 1, 2015

Correlation

Correlation between SPDW and VGSH is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2007 - 2026)

SPDW vs VGSH dividend yield comparison.

Year	SPDW	VGSH
2026	0.00%	1.23%
2025	3.30%	4.00%
2024	3.19%	4.18%
2023	2.75%	3.31%
2022	3.12%	1.15%
2021	3.04%	0.66%
2020	1.87%	1.74%
2019	3.13%	2.28%
2018	3.08%	1.79%
2017	1.86%	1.10%
2016	3.12%	0.84%
2015	2.78%	0.69%
2014	3.51%	0.46%
2013	2.36%	0.34%
2012	2.23%	0.52%
2011	3.26%	0.76%
2010	2.25%	0.78%
2009	0.79%	0.08%
2008	3.43%	0.00%
2007	2.01%	0.00%