SPSB vs EWZ

Comparison between SPDR(R) PORTFOLIO SHORT TERM CORPORATE BOND ETF (SPSB, ETF) and ISHARES MSCI BRAZIL ETF (EWZ, ETF).

5-Year PerformanceEWZ has outperformed SPSB, delivering a return of +8.9% compared to +2.7%

SPSB vs EWZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPSB(ETF)	EWZ(ETF)
Net Assets	$9.80B	$9.70B
Expense Ratio	0.04%	0.59%
Max Drawdown	11.75%	82.75%
Sharpe Ratio	0.66	1.80
5Y Beta	0.01	0.70
5Y Dividends CAGR	22.57%	17.67%

Net Assets

Winner

SPSB

$9.80B

EWZ

$9.70B

Expense Ratio

Winner

SPSB

0.04%

EWZ

0.59%

Max Drawdown

Winner

SPSB

11.75%

EWZ

82.75%

Sharpe Ratio

SPSB

0.66

Winner

EWZ

1.80

5Y Beta

Winner

SPSB

0.01

EWZ

0.70

5Y Dividends CAGR

Winner

SPSB

22.57%

EWZ

17.67%

SPSB vs EWZ - Historical Returns

Returns include dividend reinvestment.

Period	SPSB	EWZ
1 month	+0.29%	-1.11%
3 months	+0.26%	+1.82%
6 months	+1.62%	+25.47%
1 year	+4.77%	+50.16%
5 years(CAGR)	+2.71%	+8.91%
10 years(CAGR)	+2.63%	+9.08%
Max(CAGR)	+2.29%	+6.79%

Winner

SPSB

+0.29%

EWZ

-1.11%

SPSB

+0.26%

Winner

EWZ

+1.82%

SPSB

+1.62%

Winner

EWZ

+25.47%

SPSB

+4.77%

Winner

EWZ

+50.16%

5Y(CAGR)

SPSB

+2.71%

Winner

EWZ

+8.91%

10Y(CAGR)

SPSB

+2.63%

Winner

EWZ

+9.08%

Max(CAGR)

SPSB

+2.29%

Winner

EWZ

+6.79%

SPSB vs EWZ - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	SPSB	EWZ
2026	+0.75%	+21.49%
2025	+5.90%	+47.56%
2024	+5.39%	-29.28%
2023	+5.53%	+43.35%
2022	-3.19%	+15.27%
2021	-0.20%	-16.14%
2020	+3.83%	-21.91%
2019	+5.21%	+19.99%
2018	+1.45%	-5.44%
2017	+1.68%	+19.64%
2016	+2.09%	+70.58%
2015	+0.87%	-39.75%
2014	+0.87%	-12.60%
2013	+1.12%	-19.00%
2012	+3.04%	-3.47%
2011	+1.28%	-24.86%
2010	+2.81%	+4.14%
2009	-1.14%	+111.52%
2008	N/A	-54.44%
2007	N/A	+75.33%
2006	N/A	+37.30%
2005	N/A	+56.74%
2004	N/A	+31.07%
2003	N/A	+114.62%
2002	N/A	-37.59%
2001	N/A	-19.73%
2000	N/A	-10.93%

SPSB vs EWZ Drawdown Comparison

The maximum drawdown for SPSB was -11.75%, occurring on Mar 19, 2020. Recovery took 51 trading sessions.

The maximum drawdown for EWZ was -77.27%, occurring on Jan 21, 2016. This drawdown has not yet recovered.

The current SPSB drawdown is -0.01%. The current EWZ drawdown is -14.07%.

Rank	SPSB	EWZ
#1	-11.75% Mar 5, 2020 - May 18, 2020	-77.27% May 20, 2008 - Jan 21, 2016
#2	-5.96% Sep 14, 2021 - Nov 28, 2023	-72.20% Sep 7, 2000 - Jan 12, 2004
#3	-1.39% Aug 1, 2011 - Jan 10, 2012	-33.32% Jan 12, 2004 - Oct 1, 2004
#4	-1.28% Dec 17, 2009 - Jul 14, 2010	-32.06% May 9, 2006 - Dec 27, 2006
#5	-1.02% Nov 4, 2010 - Jan 28, 2011	-26.52% Jul 23, 2007 - Sep 24, 2007
#6	-0.93% Sep 7, 2017 - Jul 30, 2018	-18.43% Nov 8, 2007 - Feb 25, 2008
#7	-0.87% Feb 23, 2026 - Apr 17, 2026	-17.11% Mar 4, 2005 - Jul 21, 2005
#8	-0.78% May 6, 2013 - Sep 18, 2013	-15.20% Feb 27, 2008 - Apr 21, 2008
#9	-0.77% Apr 3, 2025 - Apr 25, 2025	-13.94% Oct 3, 2005 - Nov 23, 2005
#10	-0.73% Oct 22, 2015 - Mar 16, 2016	-13.40% Feb 22, 2007 - Mar 29, 2007
#11	-0.69% Sep 6, 2016 - Feb 6, 2017	-12.26% Mar 2, 2006 - Apr 19, 2006
#12	-0.63% May 15, 2015 - Oct 6, 2015	-10.97% Dec 31, 2004 - Feb 4, 2005
#13	-0.63% Oct 2, 2024 - Dec 4, 2024	-9.52% Dec 6, 2005 - Jan 4, 2006
#14	-0.62% Oct 21, 2014 - Jan 27, 2015	-8.15% Jun 1, 2007 - Jun 15, 2007
#15	-0.56% Feb 3, 2012 - Feb 28, 2012	-7.88% Aug 10, 2005 - Aug 31, 2005

Correlation

Correlation between SPSB and EWZ is -0.11 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.11

-101

Dividend Comparison (2000 - 2026)

SPSB vs EWZ dividend yield comparison.

Year	SPSB	EWZ
2026	1.41%	0.00%
2025	4.55%	5.19%
2024	4.85%	8.91%
2023	4.06%	5.66%
2022	1.92%	12.59%
2021	1.19%	9.87%
2020	1.94%	1.71%
2019	2.77%	2.54%
2018	2.36%	2.89%
2017	1.94%	1.71%
2016	1.65%	1.81%
2015	1.43%	4.08%
2014	1.26%	3.78%
2013	1.40%	3.22%
2012	1.55%	2.80%
2011	1.95%	2.62%
2010	2.05%	3.63%
2009	0.04%	3.65%
2008	0.00%	6.17%
2007	0.00%	1.49%
2006	0.00%	2.01%
2005	0.00%	1.75%
2004	0.00%	2.07%
2003	0.00%	1.59%
2002	0.00%	1.38%
2001	0.00%	5.02%
2000	0.00%	2.24%