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SPHY vs SUB

Comparison between STATE STREET(R) SPDR(R) PORTFOLIO HIGH YIELD BOND ETF (SPHY, ETF) and ISHARES SHORT-TERM NATIONAL MUNI BOND ETF (SUB, ETF).

5-Year PerformanceSPHY has outperformed SUB, delivering a return of +4.3% compared to +1.4%

SPHY vs SUB - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
SPHY
$11B
Winner
SUB
$11B
Expense Ratio
Winner
SPHY
0.05%
SUB
0.07%
Max Drawdown
SPHY
23.35%
Winner
SUB
11.72%
Sharpe Ratio
Winner
SPHY
0.88
SUB
-0.73
5Y Beta
SPHY
0.23
Winner
SUB
0.01
5Y Dividends CAGR
SPHY
3.21%
Winner
SUB
19.04%

SPHY vs SUB - Historical Returns

Returns include dividend reinvestment.

1M
Winner
SPHY
+0.67%
SUB
+0.38%
3M
Winner
SPHY
+2.48%
SUB
+0.26%
6M
Winner
SPHY
+2.41%
SUB
+1.08%
1Y
Winner
SPHY
+7.07%
SUB
+2.97%
5Y(CAGR)
Winner
SPHY
+4.35%
SUB
+1.45%
10Y(CAGR)
Winner
SPHY
+5.23%
SUB
+1.49%
Max(CAGR)
Winner
SPHY
+4.96%
SUB
+1.59%

SPHY vs SUB - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

YearSPHYSUB
2026+1.76%+0.79%
2025+8.31%+3.55%
2024+8.81%+2.26%
2023+12.80%+2.83%
2022-10.48%-2.02%
2021+5.74%+0.17%
2020+6.44%+2.58%
2019+13.55%+3.00%
2018-2.69%+1.88%
2017+6.73%+0.83%
2016+11.15%+0.01%
2015-3.64%+0.71%
2014+6.53%+0.54%
2013-1.34%+0.77%
2012+7.21%+0.41%
2011N/A+3.85%
2010N/A+0.55%
2009N/A+4.28%
2008N/A+1.68%

SPHY vs SUB Drawdown Comparison

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

The maximum drawdown for SUB was -9.46%, occurring on Mar 19, 2020. Recovery took 51 trading sessions.

The current SUB drawdown is -0.08%.

RankSPHYSUB
#1-21.97%
Feb 14, 2020 - Oct 8, 2020
-9.46%
Mar 6, 2020 - May 19, 2020
#2-15.29%
Dec 28, 2021 - Dec 14, 2023
-6.40%
Jan 16, 2009 - Sep 12, 2011
#3-8.30%
Apr 16, 2015 - Apr 25, 2016
-4.92%
Jan 13, 2009 - Jan 16, 2009
#4-7.23%
May 2, 2013 - Feb 24, 2014
-4.35%
Jul 22, 2021 - Dec 13, 2023
#5-4.86%
Feb 26, 2025 - May 12, 2025
-2.43%
Mar 1, 2013 - Oct 24, 2013
#6-4.21%
Dec 29, 2017 - Feb 15, 2019
-1.71%
Aug 24, 2016 - May 23, 2017
#7-4.17%
Oct 24, 2016 - Jan 18, 2017
-1.46%
Jan 17, 2012 - Mar 1, 2013
#8-2.48%
Aug 21, 2014 - Jan 14, 2015
-1.25%
Sep 7, 2017 - Nov 29, 2018
#9-2.41%
Feb 20, 2026 - Apr 8, 2026
-1.23%
Apr 4, 2025 - May 29, 2025
#10-2.36%
Nov 9, 2021 - Dec 23, 2021
-0.92%
Oct 2, 2024 - Jan 27, 2025
#11-2.29%
Mar 27, 2024 - May 3, 2024
-0.87%
Jan 30, 2015 - Oct 2, 2015
#12-2.28%
Jan 29, 2013 - Apr 16, 2013
-0.80%
Feb 23, 2026 - Mar 24, 2026
#13-2.07%
Sep 17, 2012 - Oct 11, 2012
-0.77%
Aug 15, 2019 - Nov 27, 2019
#14-1.99%
Mar 1, 2017 - Apr 10, 2017
-0.75%
Sep 12, 2011 - Dec 2, 2011
#15-1.84%
Feb 27, 2015 - Apr 15, 2015
-0.68%
Dec 27, 2023 - May 8, 2024

Correlation

Correlation between SPHY and SUB is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98
-101

Dividend Comparison (2008 - 2026)

SPHY vs SUB dividend yield comparison.

YearSPHYSUB
20262.95%1.06%
20257.38%2.42%
20247.80%2.10%
20237.30%1.73%
20226.47%0.86%
20215.13%0.72%
20205.63%1.23%
20195.73%1.58%
20184.09%1.32%
20174.41%0.95%
20164.27%0.75%
20154.29%0.77%
20143.98%0.76%
20134.41%0.84%
20122.17%0.99%
20110.00%1.27%
20100.00%1.28%
20090.00%1.44%
20080.00%0.33%

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