SPSB vs PAAA
Comparison between STATE STREET(R) SPDR(R) PORTFOLIO SHORT TERM CORPORATE BOND ETF (SPSB, ETF) and PGIM AAA CLO ETF (PAAA, ETF).
SPSB vs PAAA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
SPSB
$10B
PAAA
$10B
Expense Ratio
Winner
SPSB
0.04%
PAAA
0.19%
Max Drawdown
SPSB
11.75%
Winner
PAAA
1.81%
Sharpe Ratio
SPSB
0.33
Winner
PAAA
2.99
5Y Beta
Winner
SPSB
0.02
PAAA
0.03
5Y Dividends CAGR
SPSB
22.50%
PAAA
N/A
SPSB vs PAAA - Historical Returns
Returns include dividend reinvestment.
1M
SPSB
-0.01%
Winner
PAAA
+0.34%
3M
SPSB
+0.19%
Winner
PAAA
+1.38%
6M
SPSB
+1.27%
Winner
PAAA
+2.50%
1Y
SPSB
+4.29%
Winner
PAAA
+5.18%
5Y(CAGR)
SPSB
+2.69%
PAAA
N/A
10Y(CAGR)
SPSB
+2.62%
PAAA
N/A
Max(CAGR)
SPSB
+2.28%
Winner
PAAA
+6.57%
SPSB vs PAAA - Annual Returns (2009 - 2026)
Returns include dividend reinvestment.
| Year | SPSB | PAAA |
|---|---|---|
| 2026 | +0.74% | +2.04% |
| 2025 | +5.90% | +5.35% |
| 2024 | +5.39% | +7.42% |
| 2023 | +5.53% | +3.82% |
| 2022 | -3.19% | N/A |
| 2021 | -0.20% | N/A |
| 2020 | +3.83% | N/A |
| 2019 | +5.21% | N/A |
| 2018 | +1.45% | N/A |
| 2017 | +1.68% | N/A |
| 2016 | +2.09% | N/A |
| 2015 | +0.87% | N/A |
| 2014 | +0.87% | N/A |
| 2013 | +1.12% | N/A |
| 2012 | +3.04% | N/A |
| 2011 | +1.28% | N/A |
| 2010 | +2.81% | N/A |
| 2009 | -1.14% | N/A |
SPSB vs PAAA Drawdown Comparison
The maximum drawdown for SPSB was -11.75%, occurring on Mar 19, 2020. Recovery took 51 trading sessions.
The maximum drawdown for PAAA was -1.04%, occurring on Apr 10, 2025. Recovery took 17 trading sessions.
The current SPSB drawdown is -0.17%.
| Rank | SPSB | PAAA |
|---|---|---|
| #1 | -11.75% Mar 5, 2020 - May 18, 2020 | -1.04% Apr 1, 2025 - Apr 25, 2025 |
| #2 | -5.96% Sep 14, 2021 - Nov 28, 2023 | -0.27% Feb 7, 2024 - Feb 22, 2024 |
| #3 | -1.39% Aug 1, 2011 - Jan 10, 2012 | -0.25% Mar 3, 2025 - Mar 27, 2025 |
| #4 | -1.28% Dec 17, 2009 - Jul 14, 2010 | -0.17% Feb 26, 2026 - Mar 17, 2026 |
| #5 | -1.02% Nov 4, 2010 - Jan 28, 2011 | -0.17% Nov 24, 2023 - Nov 29, 2023 |
| #6 | -0.93% Sep 7, 2017 - Jul 30, 2018 | -0.16% Mar 27, 2025 - Apr 1, 2025 |
| #7 | -0.87% Feb 23, 2026 - Apr 17, 2026 | -0.12% Oct 14, 2025 - Oct 20, 2025 |
| #8 | -0.78% May 6, 2013 - Sep 18, 2013 | -0.09% Mar 5, 2024 - Mar 13, 2024 |
| #9 | -0.77% Apr 3, 2025 - Apr 25, 2025 | -0.08% Aug 9, 2024 - Aug 14, 2024 |
| #10 | -0.73% Oct 22, 2015 - Mar 16, 2016 | -0.08% Feb 20, 2025 - Feb 26, 2025 |
| #11 | -0.69% Sep 6, 2016 - Feb 6, 2017 | -0.06% May 2, 2025 - May 8, 2025 |
| #12 | -0.63% May 15, 2015 - Oct 6, 2015 | -0.06% May 8, 2025 - May 12, 2025 |
| #13 | -0.63% Oct 2, 2024 - Dec 4, 2024 | -0.06% Nov 12, 2024 - Nov 15, 2024 |
| #14 | -0.62% Oct 21, 2014 - Jan 27, 2015 | -0.06% Nov 15, 2024 - Nov 21, 2024 |
| #15 | -0.56% Feb 3, 2012 - Feb 28, 2012 | -0.05% Jan 23, 2024 - Jan 29, 2024 |
Correlation
Correlation between SPSB and PAAA is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
1.00
-101
Dividend Comparison (2009 - 2026)
SPSB vs PAAA dividend yield comparison.
| Year | SPSB | PAAA |
|---|---|---|
| 2026 | 1.78% | 1.88% |
| 2025 | 4.55% | 5.12% |
| 2024 | 4.85% | 5.88% |
| 2023 | 4.06% | 2.76% |
| 2022 | 1.92% | 0.00% |
| 2021 | 1.19% | 0.00% |
| 2020 | 1.94% | 0.00% |
| 2019 | 2.77% | 0.00% |
| 2018 | 2.36% | 0.00% |
| 2017 | 1.94% | 0.00% |
| 2016 | 1.65% | 0.00% |
| 2015 | 1.43% | 0.00% |
| 2014 | 1.26% | 0.00% |
| 2013 | 1.40% | 0.00% |
| 2012 | 1.55% | 0.00% |
| 2011 | 1.95% | 0.00% |
| 2010 | 2.05% | 0.00% |
| 2009 | 0.04% | 0.00% |
Select Stocks to Compare
Popular: SPSB vs SPYPAAA vs SPY
More Comparisons
Compare with similar stocks