SPGM vs NHYB
Comparison between STATE STREET(R) SPDR(R) PORTFOLIO MSCI GLOBAL STOCK MARKET ETF (SPGM, ETF) and Nuveen High Yield Corporate Bond ETF (NHYB, ETF).
SPGM vs NHYB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
SPGM
$1.70B
NHYB
$1.70B
Expense Ratio
SPGM
0.09%
Winner
NHYB
0.08%
Max Drawdown
SPGM
33.97%
Winner
NHYB
3.23%
Sharpe Ratio
Winner
SPGM
1.52
NHYB
0.23
5Y Beta
SPGM
0.91
Winner
NHYB
0.19
P/E Ratio
SPGM
26.13
NHYB
N/A
Forward P/E
SPGM
19.82
NHYB
N/A
5Y Dividends CAGR
SPGM
13.19%
NHYB
N/A
5Y EPS CAGR
SPGM
24.24%
NHYB
N/A
P/S Ratio
SPGM
0.20
NHYB
N/A
P/B Ratio
SPGM
4.83
NHYB
N/A
SPGM vs NHYB - Historical Returns
Returns include dividend reinvestment.
1M
Winner
SPGM
+3.29%
NHYB
+0.37%
3M
Winner
SPGM
+5.43%
NHYB
+1.34%
6M
Winner
SPGM
+11.15%
NHYB
+1.89%
1Y
Winner
SPGM
+27.04%
NHYB
+4.00%
5Y(CAGR)
SPGM
+11.71%
NHYB
N/A
10Y(CAGR)
SPGM
+12.83%
NHYB
N/A
Max(CAGR)
Winner
SPGM
+11.48%
NHYB
+4.62%
SPGM vs NHYB - Annual Returns (2012 - 2026)
Returns include dividend reinvestment.
| Year | SPGM | NHYB |
|---|---|---|
| 2026 | +14.76% | +2.54% |
| 2025 | +23.70% | +1.30% |
| 2024 | +17.65% | N/A |
| 2023 | +21.33% | N/A |
| 2022 | -17.95% | N/A |
| 2021 | +20.77% | N/A |
| 2020 | +14.24% | N/A |
| 2019 | +26.23% | N/A |
| 2018 | -10.47% | N/A |
| 2017 | +22.11% | N/A |
| 2016 | +10.39% | N/A |
| 2015 | -2.10% | N/A |
| 2014 | +11.58% | N/A |
| 2013 | +20.65% | N/A |
| 2012 | +1.33% | N/A |
SPGM vs NHYB Drawdown Comparison
The maximum drawdown for SPGM was -33.97%, occurring on Mar 23, 2020. Recovery took 134 trading sessions.
The maximum drawdown for NHYB was -2.40%, occurring on Mar 27, 2026. Recovery took 35 trading sessions.
| Rank | SPGM | NHYB |
|---|---|---|
| #1 | -33.97% Feb 12, 2020 - Aug 24, 2020 | -2.40% Feb 20, 2026 - Apr 13, 2026 |
| #2 | -25.92% Jan 4, 2022 - Jan 25, 2024 | -1.18% Oct 1, 2025 - Oct 24, 2025 |
| #3 | -21.99% Jun 18, 2015 - Jan 24, 2017 | -0.94% Oct 27, 2025 - Nov 25, 2025 |
| #4 | -19.40% Jan 26, 2018 - Oct 24, 2019 | -0.89% Apr 17, 2026 - May 26, 2026 |
| #5 | -16.90% Feb 18, 2025 - Jun 2, 2025 | -0.82% Jul 6, 2026 - Aug 4, 2026 |
| #6 | -13.83% Jul 10, 2014 - Dec 3, 2014 | -0.51% Jun 2, 2026 - Jun 15, 2026 |
| #7 | -11.87% Mar 19, 2012 - Sep 13, 2012 | -0.36% Dec 3, 2025 - Dec 23, 2025 |
| #8 | -9.50% Feb 25, 2026 - Apr 15, 2026 | -0.34% Jun 15, 2026 - Jun 30, 2026 |
| #9 | -8.97% Dec 16, 2013 - May 27, 2014 | -0.24% Sep 24, 2025 - Sep 29, 2025 |
| #10 | -8.55% Jul 16, 2024 - Aug 30, 2024 | -0.20% Jan 16, 2026 - Jan 22, 2026 |
| #11 | -8.37% May 21, 2013 - Aug 8, 2013 | -0.18% Jan 26, 2026 - Feb 2, 2026 |
| #12 | -7.49% Sep 2, 2020 - Nov 9, 2020 | -0.18% Feb 2, 2026 - Feb 6, 2026 |
| #13 | -6.08% Sep 17, 2012 - Dec 18, 2012 | -0.13% Nov 26, 2025 - Dec 3, 2025 |
| #14 | -5.52% Sep 3, 2021 - Oct 25, 2021 | -0.12% Aug 4, 2026 - Aug 7, 2026 |
| #15 | -5.28% Nov 8, 2021 - Jan 4, 2022 | -0.08% Dec 24, 2025 - Jan 2, 2026 |
Correlation
Correlation between SPGM and NHYB is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
Dividend Comparison (2012 - 2026)
SPGM vs NHYB dividend yield comparison.
| Year | SPGM | NHYB |
|---|---|---|
| 2026 | 0.76% | 4.13% |
| 2025 | 1.89% | 1.28% |
| 2024 | 1.98% | 0.00% |
| 2023 | 2.09% | 0.00% |
| 2022 | 2.37% | 0.00% |
| 2021 | 1.94% | 0.00% |
| 2020 | 1.45% | 0.00% |
| 2019 | 2.46% | 0.00% |
| 2018 | 1.89% | 0.00% |
| 2017 | 2.29% | 0.00% |
| 2016 | 1.87% | 0.00% |
| 2015 | 3.70% | 0.00% |
| 2014 | 2.18% | 0.00% |
| 2013 | 1.75% | 0.00% |
| 2012 | 2.26% | 0.00% |
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