SPSB vs SPY

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

5-Year PerformanceSPY has outperformed SPSB, delivering a return of +13.3% compared to +2.7%

SPSB vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPSB(ETF)	SPY(ETF)
Net Assets	$9.80B	$652B
Expense Ratio	0.04%	0.09%
Max Drawdown	11.75%	56.47%
Sharpe Ratio	0.66	2.07
5Y Beta	0.01	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	22.57%	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

SPSB

$9.80B

Winner

SPY

$652B

Expense Ratio

Winner

SPSB

0.04%

SPY

0.09%

Max Drawdown

Winner

SPSB

11.75%

SPY

56.47%

Sharpe Ratio

SPSB

0.66

Winner

SPY

2.07

5Y Beta

Winner

SPSB

0.01

SPY

1.00

P/E Ratio

SPSB

N/A

SPY

28.24

Forward P/E

SPSB

N/A

SPY

21.85

5Y Dividends CAGR

Winner

SPSB

22.57%

SPY

5.43%

5Y EPS CAGR

SPSB

N/A

SPY

25.79%

Debt to Equity

SPSB

N/A

SPY

22.35%

P/S Ratio

SPSB

N/A

SPY

3.55

P/B Ratio

SPSB

N/A

SPY

5.29

SPSB vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	SPSB	SPY
1 month	+0.29%	+9.11%
3 months	+0.26%	+6.59%
6 months	+1.62%	+10.56%
1 year	+4.77%	+32.04%
5 years(CAGR)	+2.71%	+13.35%
10 years(CAGR)	+2.63%	+15.49%
Max(CAGR)	+2.29%	+8.50%

SPSB

+0.29%

Winner

SPY

+9.11%

SPSB

+0.26%

Winner

SPY

+6.59%

SPSB

+1.62%

Winner

SPY

+10.56%

SPSB

+4.77%

Winner

SPY

+32.04%

5Y(CAGR)

SPSB

+2.71%

Winner

SPY

+13.35%

10Y(CAGR)

SPSB

+2.63%

Winner

SPY

+15.49%

Max(CAGR)

SPSB

+2.29%

Winner

SPY

+8.50%

SPSB vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SPSB	SPY
2026	+0.75%	+8.27%
2025	+5.90%	+18.00%
2024	+5.39%	+25.59%
2023	+5.53%	+26.72%
2022	-3.19%	-18.64%
2021	-0.20%	+30.52%
2020	+3.83%	+17.28%
2019	+5.21%	+31.09%
2018	+1.45%	-5.24%
2017	+1.68%	+20.78%
2016	+2.09%	+13.59%
2015	+0.87%	+1.31%
2014	+0.87%	+14.56%
2013	+1.12%	+29.00%
2012	+3.04%	+14.17%
2011	+1.28%	+0.85%
2010	+2.81%	+13.14%
2009	-1.14%	+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%

SPSB vs SPY Drawdown Comparison

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

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

The current SPSB drawdown is -0.01%.

Rank	SPSB	SPY
#1	-11.75% Mar 5, 2020 - May 18, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-5.96% Sep 14, 2021 - Nov 28, 2023	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-1.39% Aug 1, 2011 - Jan 10, 2012	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-1.28% Dec 17, 2009 - Jul 14, 2010	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-1.02% Nov 4, 2010 - Jan 28, 2011	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-0.93% Sep 7, 2017 - Jul 30, 2018	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-0.87% Feb 23, 2026 - Apr 17, 2026	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-0.78% May 6, 2013 - Sep 18, 2013	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-0.77% Apr 3, 2025 - Apr 25, 2025	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-0.73% Oct 22, 2015 - Mar 16, 2016	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-0.69% Sep 6, 2016 - Feb 6, 2017	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-0.63% May 15, 2015 - Oct 6, 2015	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-0.63% Oct 2, 2024 - Dec 4, 2024	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-0.62% Oct 21, 2014 - Jan 27, 2015	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-0.56% Feb 3, 2012 - Feb 28, 2012	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between SPSB and SPY is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (1999 - 2026)

SPSB vs SPY dividend yield comparison.

Year	SPSB	SPY
2026	1.41%	0.24%
2025	4.55%	1.07%
2024	4.85%	1.21%
2023	4.06%	1.40%
2022	1.92%	1.65%
2021	1.19%	1.20%
2020	1.94%	1.52%
2019	2.77%	1.75%
2018	2.36%	2.04%
2017	1.94%	1.80%
2016	1.65%	2.03%
2015	1.43%	2.06%
2014	1.26%	1.87%
2013	1.40%	1.81%
2012	1.55%	2.18%
2011	1.95%	2.05%
2010	2.05%	1.80%
2009	0.04%	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%