SPLB vs SPY

Comparison between SPDR(R) PORTFOLIO LONG TERM CORPORATE BOND ETF (SPLB, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed SPLB, delivering a return of +13.3% compared to -1.8%

SPLB vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPLB(ETF)	SPY(ETF)
Net Assets	$1.30B	$652B
Expense Ratio	0.04%	0.09%
Max Drawdown	40.25%	56.47%
Sharpe Ratio	0.48	2.07
5Y Beta	0.21	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	5.91%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

SPLB

$1.30B

Winner

SPY

$652B

Expense Ratio

Winner

SPLB

0.04%

SPY

0.09%

Max Drawdown

Winner

SPLB

40.25%

SPY

56.47%

Sharpe Ratio

SPLB

0.48

Winner

SPY

2.07

5Y Beta

Winner

SPLB

0.21

SPY

1.00

P/E Ratio

SPLB

N/A

SPY

28.24

Forward P/E

SPLB

N/A

SPY

21.85

5Y Dividends CAGR

Winner

SPLB

5.91%

SPY

5.43%

5Y EPS CAGR

SPLB

N/A

SPY

25.79%

Debt to Equity

SPLB

N/A

SPY

22.35%

P/S Ratio

SPLB

N/A

SPY

3.55

P/B Ratio

SPLB

N/A

SPY

5.29

SPLB vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	SPLB	SPY
1 month	+0.19%	+9.11%
3 months	-0.21%	+6.59%
6 months	+0.45%	+10.56%
1 year	+8.16%	+32.04%
5 years(CAGR)	-1.75%	+13.35%
10 years(CAGR)	+2.29%	+15.49%
Max(CAGR)	+5.34%	+8.50%

SPLB

+0.19%

Winner

SPY

+9.11%

SPLB

-0.21%

Winner

SPY

+6.59%

SPLB

+0.45%

Winner

SPY

+10.56%

SPLB

+8.16%

Winner

SPY

+32.04%

5Y(CAGR)

SPLB

-1.75%

Winner

SPY

+13.35%

10Y(CAGR)

SPLB

+2.29%

Winner

SPY

+15.49%

Max(CAGR)

SPLB

+5.34%

Winner

SPY

+8.50%

SPLB vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SPLB	SPY
2026	+0.83%	+8.27%
2025	+7.00%	+18.00%
2024	-0.87%	+25.59%
2023	+9.99%	+26.72%
2022	-24.50%	-18.64%
2021	-1.19%	+30.52%
2020	+12.95%	+17.28%
2019	+23.01%	+31.09%
2018	-6.46%	-5.24%
2017	+12.35%	+20.78%
2016	+10.84%	+13.59%
2015	-5.93%	+1.31%
2014	+15.68%	+14.56%
2013	-5.10%	+29.00%
2012	+10.54%	+14.17%
2011	+16.73%	+0.85%
2010	+8.75%	+13.14%
2009	+20.91%	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

SPLB vs SPY Drawdown Comparison

The maximum drawdown for SPLB was -34.47%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current SPLB drawdown is -14.70%.

Rank	SPLB	SPY
#1	-34.47% Sep 22, 2021 - Oct 24, 2022	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-27.95% Mar 6, 2020 - Jul 7, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-13.99% May 2, 2013 - May 1, 2014	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-12.29% Jan 30, 2015 - Jun 8, 2016	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-10.67% Aug 6, 2020 - Sep 22, 2021	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-9.87% Dec 15, 2017 - Apr 10, 2019	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-9.71% Jul 8, 2016 - Jun 21, 2017	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-7.96% Aug 26, 2010 - May 17, 2011	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-6.61% Sep 28, 2009 - Apr 27, 2010	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-5.11% Aug 28, 2019 - Dec 13, 2019	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-5.00% Aug 4, 2011 - Sep 22, 2011	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-4.94% Oct 15, 2012 - Apr 26, 2013	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-4.83% Nov 1, 2011 - Jan 17, 2012	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-4.68% May 6, 2010 - Jul 16, 2010	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-4.46% Aug 28, 2014 - Oct 14, 2014	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between SPLB and SPY is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (1999 - 2026)

SPLB vs SPY dividend yield comparison.

Year	SPLB	SPY
2026	1.81%	0.24%
2025	5.25%	1.07%
2024	5.20%	1.21%
2023	4.60%	1.40%
2022	4.53%	1.65%
2021	3.00%	1.20%
2020	3.01%	1.52%
2019	3.79%	1.75%
2018	4.50%	2.04%
2017	4.06%	1.80%
2016	4.34%	2.03%
2015	4.70%	2.06%
2014	4.25%	1.87%
2013	4.89%	1.81%
2012	4.85%	2.18%
2011	4.94%	2.05%
2010	8.04%	1.80%
2009	5.06%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%