SPMD vs PHYS

Comparison between SPDR(R) PORTFOLIO S&P 400 MID CAP ETF (SPMD, ETF) and Sprott Physical Gold Trust (PHYS, ETF).

5-Year PerformancePHYS has outperformed SPMD, delivering a return of +19.8% compared to +8.5%

SPMD vs PHYS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPMD(ETF)	PHYS(ETF)
Net Assets	$17B	$17B
Expense Ratio	0.03%	N/A
Max Drawdown	60.53%	48.16%
Sharpe Ratio	1.30	1.24
5Y Beta	0.99	0.17
P/E Ratio	25.59	N/A
Forward P/E	16.71	N/A
5Y Dividends CAGR	8.69%	N/A
5Y EPS CAGR	12.80%	N/A
Debt to Equity	36.18%	N/A
P/S Ratio	1.60	N/A
P/B Ratio	2.74	N/A

Net Assets

SPMD

$17B

Winner

PHYS

$17B

Expense Ratio

SPMD

0.03%

PHYS

N/A

Max Drawdown

SPMD

60.53%

Winner

PHYS

48.16%

Sharpe Ratio

Winner

SPMD

1.30

PHYS

1.24

5Y Beta

SPMD

0.99

Winner

PHYS

0.17

P/E Ratio

SPMD

25.59

PHYS

N/A

Forward P/E

SPMD

16.71

PHYS

N/A

5Y Dividends CAGR

SPMD

8.69%

PHYS

N/A

5Y EPS CAGR

SPMD

12.80%

PHYS

N/A

Debt to Equity

SPMD

36.18%

PHYS

N/A

P/S Ratio

SPMD

1.60

PHYS

N/A

P/B Ratio

SPMD

2.74

PHYS

N/A

SPMD vs PHYS - Historical Returns

Returns include dividend reinvestment.

Period	SPMD	PHYS
1 month	+2.96%	-0.61%
3 months	+4.15%	-3.56%
6 months	+12.63%	+11.69%
1 year	+21.82%	+44.56%
5 years(CAGR)	+8.50%	+19.76%
10 years(CAGR)	+11.74%	+12.94%
Max(CAGR)	+9.76%	+8.45%

Winner

SPMD

+2.96%

PHYS

-0.61%

Winner

SPMD

+4.15%

PHYS

-3.56%

Winner

SPMD

+12.63%

PHYS

+11.69%

SPMD

+21.82%

Winner

PHYS

+44.56%

5Y(CAGR)

SPMD

+8.50%

Winner

PHYS

+19.76%

10Y(CAGR)

SPMD

+11.74%

Winner

PHYS

+12.94%

Max(CAGR)

Winner

SPMD

+9.76%

PHYS

+8.45%

SPMD vs PHYS - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	SPMD	PHYS
2026	+9.85%	+7.82%
2025	+7.70%	+61.55%
2024	+14.26%	+26.91%
2023	+16.97%	+11.79%
2022	-13.41%	-0.21%
2021	+26.68%	-6.08%
2020	+13.36%	+22.88%
2019	+25.15%	+17.45%
2018	-11.76%	-3.73%
2017	+14.82%	+12.06%
2016	+20.57%	+6.10%
2015	-2.73%	-11.10%
2014	+9.38%	-3.65%
2013	+35.41%	-30.59%
2012	+15.80%	+0.42%
2011	-2.07%	+12.56%
2010	+23.61%	+28.73%
2009	+43.74%	N/A
2008	-37.86%	N/A
2007	+4.98%	N/A
2006	+11.73%	N/A
2005	+3.21%	N/A

SPMD vs PHYS Drawdown Comparison

The maximum drawdown for SPMD was -57.65%, occurring on Mar 9, 2009. Recovery took 864 trading sessions.

The maximum drawdown for PHYS was -48.16%, occurring on Dec 17, 2015. Recovery took 3154 trading sessions.

The current SPMD drawdown is -1.74%. The current PHYS drawdown is -12.73%.

Rank	SPMD	PHYS
#1	-57.65% Jul 17, 2007 - Dec 17, 2010	-48.16% Aug 22, 2011 - Mar 6, 2024
#2	-41.85% Feb 20, 2020 - Nov 9, 2020	-19.35% Jan 29, 2026 - Mar 26, 2026
#3	-27.47% Apr 29, 2011 - Mar 15, 2012	-15.31% May 14, 2010 - Mar 1, 2011
#4	-24.96% Jun 22, 2015 - Nov 14, 2016	-11.08% Oct 20, 2025 - Dec 22, 2025
#5	-24.31% Aug 29, 2018 - Dec 19, 2019	-9.91% Apr 29, 2011 - Jul 12, 2011
#6	-24.09% Nov 25, 2024 - Dec 10, 2025	-9.23% Oct 30, 2024 - Feb 3, 2025
#7	-23.70% Nov 16, 2021 - Feb 9, 2024	-7.71% Apr 21, 2025 - Jun 13, 2025
#8	-12.22% Mar 19, 2012 - Sep 13, 2012	-5.66% Apr 2, 2025 - Apr 10, 2025
#9	-11.85% May 8, 2006 - Nov 15, 2006	-5.62% May 20, 2024 - Jul 16, 2024
#10	-11.64% Jul 2, 2014 - Nov 25, 2014	-4.92% Dec 26, 2025 - Jan 12, 2026
#11	-9.37% Jan 26, 2018 - May 21, 2018	-4.90% Jul 22, 2025 - Aug 29, 2025
#12	-8.86% Feb 20, 2026 - Apr 17, 2026	-4.87% Jun 13, 2025 - Jul 22, 2025
#13	-7.83% Jul 16, 2024 - Sep 19, 2024	-4.38% Apr 16, 2024 - May 17, 2024
#14	-7.14% Sep 14, 2012 - Dec 18, 2012	-4.24% Jul 16, 2024 - Aug 12, 2024
#15	-7.12% Mar 28, 2024 - May 15, 2024	-4.15% Mar 7, 2011 - Apr 18, 2011