SPE vs IGBH

Comparison between Special Opportunities Fund Inc (SPE, ETF) and ISHARES INTEREST RATE HEDGED LONG-TERM CORPORATE BOND ETF (IGBH, ETF).

5-Year PerformanceSPE has outperformed IGBH, delivering a return of +9.0% compared to +5.2%

SPE vs IGBH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPE(ETF)	IGBH(ETF)
Net Assets	$170M	$171M
Expense Ratio	N/A	0.14%
Max Drawdown	58.53%	38.89%
Sharpe Ratio	0.16	1.22
5Y Beta	0.56	0.24
5Y Dividends CAGR	13.47%	21.47%

Net Assets

SPE

$170M

Winner

IGBH

$171M

Expense Ratio

SPE

N/A

IGBH

0.14%

Max Drawdown

SPE

58.53%

Winner

IGBH

38.89%

Sharpe Ratio

SPE

0.16

Winner

IGBH

1.22

5Y Beta

SPE

0.56

Winner

IGBH

0.24

5Y Dividends CAGR

SPE

13.47%

Winner

IGBH

21.47%

SPE vs IGBH - Historical Returns

Returns include dividend reinvestment.

Period	SPE	IGBH
1 month	-3.33%	+1.28%
3 months	-3.08%	+3.21%
6 months	-0.68%	+2.63%
1 year	+5.11%	+9.07%
5 years(CAGR)	+9.05%	+5.24%
10 years(CAGR)	+11.49%	+5.01%
Max(CAGR)	+8.99%	+4.71%

SPE

-3.33%

Winner

IGBH

+1.28%

SPE

-3.08%

Winner

IGBH

+3.21%

SPE

-0.68%

Winner

IGBH

+2.63%

SPE

+5.11%

Winner

IGBH

+9.07%

5Y(CAGR)

Winner

SPE

+9.05%

IGBH

+5.24%

10Y(CAGR)

Winner

SPE

+11.49%

IGBH

+5.01%

Max(CAGR)

Winner

SPE

+8.99%

IGBH

+4.71%

SPE vs IGBH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SPE	IGBH
2026	-2.43%	+2.09%
2025	+14.15%	+8.11%
2024	+34.11%	+7.57%
2023	+14.54%	+12.32%
2022	-18.85%	-3.22%
2021	+25.58%	+3.04%
2020	+4.29%	+1.46%
2019	+30.90%	+9.69%
2018	-9.91%	-4.22%
2017	+25.21%	+9.75%
2016	+10.69%	+7.57%
2015	-7.46%	-0.51%
2014	-1.88%	N/A
2013	+29.76%	N/A
2012	+11.73%	N/A
2011	+1.00%	N/A
2010	+5.05%	N/A
2009	+45.90%	N/A
2008	-15.82%	N/A
2007	+0.88%	N/A
2006	+9.61%	N/A
2005	+2.39%	N/A
2004	+1.11%	N/A
2003	+11.38%	N/A
2002	+11.83%	N/A
2001	+8.81%	N/A
2000	+18.23%	N/A
1999	-4.22%	N/A

SPE vs IGBH Drawdown Comparison

The maximum drawdown for SPE was -46.84%, occurring on Mar 23, 2020. Recovery took 207 trading sessions.

The maximum drawdown for IGBH was -33.67%, occurring on Mar 20, 2020. Recovery took 233 trading sessions.

The current SPE drawdown is -5.31%. The current IGBH drawdown is -0.31%.

Rank	SPE	IGBH
#1	-46.84% Feb 19, 2020 - Dec 11, 2020	-33.67% Jan 17, 2020 - Dec 18, 2020
#2	-32.95% Jun 5, 2008 - Apr 27, 2009	-10.49% Sep 27, 2021 - Jun 16, 2023
#3	-24.14% Jan 7, 2022 - Mar 26, 2024	-8.51% Jan 23, 2018 - Dec 18, 2019
#4	-18.46% Dec 31, 2013 - Aug 23, 2016	-8.12% Oct 22, 2015 - Apr 22, 2016
#5	-17.47% Jan 26, 2018 - Jun 14, 2019	-6.93% Feb 14, 2025 - Jul 1, 2025
#6	-13.69% Feb 20, 2025 - May 20, 2025	-4.24% Jan 22, 2026 - May 14, 2026
#7	-13.13% Mar 15, 2004 - Aug 31, 2005	-3.03% May 31, 2024 - Sep 18, 2024
#8	-12.14% Jul 22, 2011 - Jan 25, 2012	-2.87% Apr 29, 2016 - Jul 26, 2016
#9	-12.05% Oct 6, 2009 - Oct 18, 2010	-2.87% Feb 17, 2021 - Mar 31, 2021
#10	-9.71% Jun 17, 2003 - Jan 20, 2004	-2.59% Sep 18, 2015 - Oct 22, 2015
#11	-9.32% Jan 15, 2026 - Mar 30, 2026	-2.36% Apr 6, 2021 - Sep 24, 2021
#12	-9.21% May 16, 2007 - Jan 25, 2008	-2.04% Jul 6, 2017 - Sep 29, 2017
#13	-8.92% Nov 19, 1999 - Jun 2, 2000	-1.93% Oct 20, 2016 - Dec 6, 2016
#14	-8.82% Sep 1, 2016 - Jan 18, 2017	-1.76% Dec 31, 2019 - Jan 17, 2020
#15	-8.09% Mar 26, 2012 - Sep 28, 2012	-1.56% Dec 29, 2020 - Jan 13, 2021

Correlation

Correlation between SPE and IGBH is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (1999 - 2026)

SPE vs IGBH dividend yield comparison.

Year	SPE	IGBH
2026	3.92%	2.15%
2025	13.73%	6.23%
2024	7.83%	6.88%
2023	8.77%	7.32%
2022	11.58%	3.84%
2021	11.64%	2.71%
2020	8.01%	2.39%
2019	6.35%	3.40%
2018	14.10%	5.56%
2017	16.53%	2.87%
2016	5.93%	2.62%
2015	9.02%	1.12%
2014	9.63%	0.00%
2013	12.66%	0.00%
2012	10.08%	0.00%
2011	3.69%	0.00%
2010	0.20%	0.00%
2009	6.59%	0.00%
2008	8.05%	0.00%
2007	5.22%	0.00%
2006	5.55%	0.00%
2005	7.30%	0.00%
2004	6.49%	0.00%
2003	7.64%	0.00%
2002	6.36%	0.00%
2001	5.35%	0.00%
2000	5.62%	0.00%
1999	1.04%	0.00%