SPHY vs DFAU

Comparison between SPDR PORTFOLIO HIGH YIELD BOND ETF (SPHY, ETF) and DIMENSIONAL US CORE EQUITY MARKET ETF (DFAU, ETF).

5-Year PerformanceDFAU has outperformed SPHY, delivering a return of +12.5% compared to +4.5%

SPHY vs DFAU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPHY(ETF)	DFAU(ETF)
Net Assets	$10B	$10B
Expense Ratio	0.05%	0.12%
Max Drawdown	23.35%	24.34%
Sharpe Ratio	1.30	2.05
5Y Beta	0.23	0.98
P/E Ratio	N/A	26.60
Forward P/E	N/A	19.31
5Y Dividends CAGR	4.66%	45.93%
5Y EPS CAGR	N/A	23.67%
P/S Ratio	N/A	2.79
P/B Ratio	N/A	4.44

Net Assets

SPHY

$10B

Winner

DFAU

$10B

Expense Ratio

Winner

SPHY

0.05%

DFAU

0.12%

Max Drawdown

Winner

SPHY

23.35%

DFAU

24.34%

Sharpe Ratio

SPHY

1.30

Winner

DFAU

2.05

5Y Beta

Winner

SPHY

0.23

DFAU

0.98

P/E Ratio

SPHY

N/A

DFAU

26.60

Forward P/E

SPHY

N/A

DFAU

19.31

5Y Dividends CAGR

SPHY

4.66%

Winner

DFAU

45.93%

5Y EPS CAGR

SPHY

N/A

DFAU

23.67%

P/S Ratio

SPHY

N/A

DFAU

2.79

P/B Ratio

SPHY

N/A

DFAU

4.44

SPHY vs DFAU - Historical Returns

Returns include dividend reinvestment.

Period	SPHY	DFAU
1 month	+0.50%	+8.30%
3 months	+0.58%	+5.70%
6 months	+2.89%	+10.95%
1 year	+8.91%	+32.20%
5 years(CAGR)	+4.46%	+12.49%
10 years(CAGR)	+5.31%	N/A
Max(CAGR)	+4.97%	+15.40%

SPHY

+0.50%

Winner

DFAU

+8.30%

SPHY

+0.58%

Winner

DFAU

+5.70%

SPHY

+2.89%

Winner

DFAU

+10.95%

SPHY

+8.91%

Winner

DFAU

+32.20%

5Y(CAGR)

SPHY

+4.46%

Winner

DFAU

+12.49%

10Y(CAGR)

SPHY

+5.31%

DFAU

N/A

Max(CAGR)

SPHY

+4.97%

Winner

DFAU

+15.40%

SPHY vs DFAU - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	SPHY	DFAU
2026	+1.42%	+8.31%
2025	+8.31%	+16.92%
2024	+8.81%	+23.99%
2023	+12.80%	+25.25%
2022	-10.48%	-17.41%
2021	+5.74%	+28.75%
2020	+6.44%	+6.48%
2019	+13.55%	N/A
2018	-2.69%	N/A
2017	+6.73%	N/A
2016	+11.15%	N/A
2015	-3.64%	N/A
2014	+6.53%	N/A
2013	-1.34%	N/A
2012	+7.21%	N/A

SPHY vs DFAU Drawdown Comparison

The maximum drawdown for SPHY was -21.97%, occurring on Mar 23, 2020. Recovery took 164 trading sessions.

The maximum drawdown for DFAU was -23.61%, occurring on Sep 30, 2022. Recovery took 488 trading sessions.

The current SPHY drawdown is -0.06%.

Rank	SPHY	DFAU
#1	-21.97% Feb 14, 2020 - Oct 8, 2020	-23.61% Jan 4, 2022 - Dec 13, 2023
#2	-15.29% Dec 28, 2021 - Dec 14, 2023	-19.36% Feb 19, 2025 - Jun 27, 2025
#3	-8.30% Apr 16, 2015 - Apr 25, 2016	-8.67% Feb 9, 2026 - Apr 14, 2026
#4	-7.23% May 2, 2013 - Feb 24, 2014	-8.53% Jul 16, 2024 - Sep 19, 2024
#5	-4.86% Feb 26, 2025 - May 12, 2025	-5.50% Mar 28, 2024 - May 15, 2024
#6	-4.21% Dec 29, 2017 - Feb 15, 2019	-5.11% Oct 28, 2025 - Dec 5, 2025
#7	-4.17% Oct 24, 2016 - Jan 18, 2017	-4.98% Nov 16, 2021 - Dec 27, 2021
#8	-2.48% Aug 21, 2014 - Jan 14, 2015	-4.88% Dec 4, 2024 - Feb 18, 2025
#9	-2.41% Feb 20, 2026 - Apr 8, 2026	-4.58% Sep 2, 2021 - Oct 19, 2021
#10	-2.36% Nov 9, 2021 - Dec 23, 2021	-4.14% May 7, 2021 - Jun 8, 2021
#11	-2.29% Mar 27, 2024 - May 3, 2024	-4.01% Feb 12, 2021 - Mar 11, 2021
#12	-2.28% Jan 29, 2013 - Apr 16, 2013	-3.85% Jan 20, 2021 - Feb 4, 2021
#13	-2.07% Sep 17, 2012 - Oct 11, 2012	-3.42% Jul 12, 2021 - Jul 23, 2021
#14	-1.99% Mar 1, 2017 - Apr 10, 2017	-3.10% Oct 8, 2025 - Oct 24, 2025
#15	-1.84% Feb 27, 2015 - Apr 15, 2015	-2.92% Mar 17, 2021 - Apr 1, 2021

Correlation

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

0.97

-101

Dividend Comparison (2012 - 2026)

SPHY vs DFAU dividend yield comparison.

Year	SPHY	DFAU
2026	2.35%	0.22%
2025	7.38%	0.95%
2024	7.80%	1.10%
2023	7.30%	1.29%
2022	6.47%	1.40%
2021	5.13%	1.00%
2020	5.63%	0.13%
2019	5.73%	0.00%
2018	4.09%	0.00%
2017	4.41%	0.00%
2016	4.27%	0.00%
2015	4.29%	0.00%
2014	3.98%	0.00%
2013	4.41%	0.00%
2012	2.17%	0.00%