SPHY vs VLUE

Comparison between SPDR PORTFOLIO HIGH YIELD BOND ETF (SPHY, ETF) and ISHARES MSCI USA VALUE FACTOR ETF (VLUE, ETF).

5-Year PerformanceVLUE has outperformed SPHY, delivering a return of +14.1% compared to +4.5%

SPHY vs VLUE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPHY(ETF)	VLUE(ETF)
Net Assets	$10B	$10B
Expense Ratio	0.05%	0.15%
Max Drawdown	23.35%	39.47%
Sharpe Ratio	1.30	3.37
5Y Beta	0.23	0.88
P/E Ratio	N/A	19.99
Forward P/E	N/A	11.76
PEG Ratio	N/A	0.27
5Y Dividends CAGR	4.66%	10.83%
5Y EPS CAGR	N/A	13.67%
Debt to Equity	N/A	43.46%
P/S Ratio	N/A	1.30
P/B Ratio	N/A	2.23

Net Assets

Winner

SPHY

$10B

VLUE

$10B

Expense Ratio

Winner

SPHY

0.05%

VLUE

0.15%

Max Drawdown

Winner

SPHY

23.35%

VLUE

39.47%

Sharpe Ratio

SPHY

1.30

Winner

VLUE

3.37

5Y Beta

Winner

SPHY

0.23

VLUE

0.88

P/E Ratio

SPHY

N/A

VLUE

19.99

Forward P/E

SPHY

N/A

VLUE

11.76

PEG Ratio

SPHY

N/A

VLUE

0.27

5Y Dividends CAGR

SPHY

4.66%

Winner

VLUE

10.83%

5Y EPS CAGR

SPHY

N/A

VLUE

13.67%

Debt to Equity

SPHY

N/A

VLUE

43.46%

P/S Ratio

SPHY

N/A

VLUE

1.30

P/B Ratio

SPHY

N/A

VLUE

2.23

SPHY vs VLUE - Historical Returns

Returns include dividend reinvestment.

Period	SPHY	VLUE
1 month	+0.50%	+20.40%
3 months	+0.58%	+21.17%
6 months	+2.89%	+41.60%
1 year	+8.91%	+77.83%
5 years(CAGR)	+4.46%	+14.12%
10 years(CAGR)	+5.31%	+14.60%
Max(CAGR)	+4.97%	+13.30%

SPHY

+0.50%

Winner

VLUE

+20.40%

SPHY

+0.58%

Winner

VLUE

+21.17%

SPHY

+2.89%

Winner

VLUE

+41.60%

SPHY

+8.91%

Winner

VLUE

+77.83%

5Y(CAGR)

SPHY

+4.46%

Winner

VLUE

+14.12%

10Y(CAGR)

SPHY

+5.31%

Winner

VLUE

+14.60%

Max(CAGR)

SPHY

+4.97%

Winner

VLUE

+13.30%

SPHY vs VLUE - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	SPHY	VLUE
2026	+1.42%	+31.59%
2025	+8.31%	+32.85%
2024	+8.81%	+7.11%
2023	+12.80%	+14.27%
2022	-10.48%	-15.42%
2021	+5.74%	+30.09%
2020	+6.44%	-0.88%
2019	+13.55%	+25.91%
2018	-2.69%	-12.27%
2017	+6.73%	+20.70%
2016	+11.15%	+17.35%
2015	-3.64%	-2.57%
2014	+6.53%	+13.40%
2013	-1.34%	+22.41%
2012	+7.21%	N/A

SPHY vs VLUE Drawdown Comparison

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

The maximum drawdown for VLUE was -39.47%, occurring on Mar 23, 2020. Recovery took 227 trading sessions.

The current SPHY drawdown is -0.06%.

Rank	SPHY	VLUE
#1	-21.97% Feb 14, 2020 - Oct 8, 2020	-39.47% Feb 12, 2020 - Jan 6, 2021
#2	-15.29% Dec 28, 2021 - Dec 14, 2023	-27.11% Jan 14, 2022 - Mar 27, 2024
#3	-8.30% Apr 16, 2015 - Apr 25, 2016	-22.15% Sep 20, 2018 - Nov 4, 2019
#4	-7.23% May 2, 2013 - Feb 24, 2014	-19.66% May 22, 2015 - Oct 5, 2016
#5	-4.86% Feb 26, 2025 - May 12, 2025	-17.88% Nov 25, 2024 - Jun 30, 2025
#6	-4.21% Dec 29, 2017 - Feb 15, 2019	-10.21% Jan 26, 2018 - Aug 27, 2018
#7	-4.17% Oct 24, 2016 - Jan 18, 2017	-9.17% Jul 16, 2024 - Sep 26, 2024
#8	-2.48% Aug 21, 2014 - Jan 14, 2015	-9.04% Feb 11, 2026 - Apr 9, 2026
#9	-2.41% Feb 20, 2026 - Apr 8, 2026	-8.18% Sep 18, 2014 - Nov 7, 2014
#10	-2.36% Nov 9, 2021 - Dec 23, 2021	-7.52% Mar 28, 2024 - Jul 16, 2024
#11	-2.29% Mar 27, 2024 - May 3, 2024	-7.09% Jun 4, 2021 - Nov 12, 2021
#12	-2.28% Jan 29, 2013 - Apr 16, 2013	-6.03% Nov 12, 2025 - Nov 28, 2025
#13	-2.07% Sep 17, 2012 - Oct 11, 2012	-5.78% Jan 15, 2014 - Feb 28, 2014
#14	-1.99% Mar 1, 2017 - Apr 10, 2017	-5.63% May 21, 2013 - Jul 12, 2013
#15	-1.84% Feb 27, 2015 - Apr 15, 2015	-5.60% Nov 12, 2021 - Dec 22, 2021

Correlation

Correlation between SPHY and VLUE is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2012 - 2026)

SPHY vs VLUE dividend yield comparison.

Year	SPHY	VLUE
2026	2.35%	0.35%
2025	7.38%	2.11%
2024	7.80%	2.73%
2023	7.30%	2.66%
2022	6.47%	3.18%
2021	5.13%	2.22%
2020	5.63%	2.42%
2019	5.73%	2.61%
2018	4.09%	2.70%
2017	4.41%	2.14%
2016	4.27%	2.07%
2015	4.29%	2.39%
2014	3.98%	1.64%
2013	4.41%	1.33%
2012	2.17%	0.00%