SPSB vs TLH

Comparison between STATE STREET(R) SPDR(R) PORTFOLIO SHORT TERM CORPORATE BOND ETF (SPSB, ETF) and ISHARES 10-20 YEAR TREASURY BOND ETF (TLH, ETF).

5-Year PerformanceSPSB has outperformed TLH, delivering a return of +2.8% compared to -5.0%

SPSB vs TLH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPSB(ETF)	TLH(ETF)
Net Assets	$11B	$11B
Expense Ratio	0.04%	0.15%
Max Drawdown	11.75%	45.97%
Sharpe Ratio	-0.20	-0.46
5Y Beta	0.02	0.06
5Y Dividends CAGR	22.87%	1.42%

Net Assets

SPSB

$11B

Winner

TLH

$11B

Expense Ratio

Winner

SPSB

0.04%

TLH

0.15%

Max Drawdown

Winner

SPSB

11.75%

TLH

45.97%

Sharpe Ratio

Winner

SPSB

-0.20

TLH

-0.46

5Y Beta

Winner

SPSB

0.02

TLH

0.06

5Y Dividends CAGR

Winner

SPSB

22.87%

TLH

1.42%

SPSB vs TLH - Historical Returns

Returns include dividend reinvestment.

Period	SPSB	TLH
1 month	+0.36%	-1.23%
3 months	+0.78%	-1.65%
6 months	+1.03%	-2.59%
1 year	+3.62%	+0.08%
5 years(CAGR)	+2.83%	-5.02%
10 years(CAGR)	+2.63%	-1.18%
Max(CAGR)	+2.30%	+2.80%

Winner

SPSB

+0.36%

TLH

-1.23%

Winner

SPSB

+0.78%

TLH

-1.65%

Winner

SPSB

+1.03%

TLH

-2.59%

Winner

SPSB

+3.62%

TLH

+0.08%

5Y(CAGR)

Winner

SPSB

+2.83%

TLH

-5.02%

10Y(CAGR)

Winner

SPSB

+2.63%

TLH

-1.18%

Max(CAGR)

SPSB

+2.30%

Winner

TLH

+2.80%

SPSB vs TLH - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SPSB	TLH
2026	+1.46%	-1.86%
2025	+5.90%	+6.28%
2024	+5.39%	-3.73%
2023	+5.53%	+2.39%
2022	-3.19%	-23.85%
2021	-0.20%	-5.33%
2020	+3.83%	+12.93%
2019	+5.21%	+9.81%
2018	+1.45%	+0.83%
2017	+1.68%	+4.08%
2016	+2.09%	+0.35%
2015	+0.87%	+0.59%
2014	+0.87%	+13.85%
2013	+1.12%	-7.64%
2012	+3.04%	+4.58%
2011	+1.28%	+22.09%
2010	+2.81%	+9.59%
2009	-1.14%	-7.01%
2008	N/A	+19.24%
2007	N/A	+9.49%

SPSB vs TLH Drawdown Comparison

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

The maximum drawdown for TLH was -41.13%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current TLH drawdown is -30.88%.

Rank	SPSB	TLH
#1	-11.75% Mar 5, 2020 - May 18, 2020	-41.13% Aug 4, 2020 - Oct 19, 2023
#2	-5.96% Sep 14, 2021 - Nov 28, 2023	-14.27% Dec 30, 2008 - Jun 30, 2010
#3	-1.39% Aug 1, 2011 - Jan 10, 2012	-11.83% Mar 9, 2020 - Jul 23, 2020
#4	-1.28% Dec 17, 2009 - Jul 14, 2010	-11.81% Jul 24, 2012 - Oct 13, 2014
#5	-1.02% Nov 4, 2010 - Jan 28, 2011	-11.56% Jul 8, 2016 - May 30, 2019
#6	-0.93% Sep 7, 2017 - Jul 30, 2018	-10.72% Aug 31, 2010 - Aug 2, 2011
#7	-0.87% Feb 23, 2026 - Apr 17, 2026	-7.30% Sep 17, 2008 - Nov 20, 2008
#8	-0.78% May 6, 2013 - Sep 18, 2013	-6.63% Sep 22, 2011 - Dec 19, 2011
#9	-0.77% Apr 3, 2025 - Apr 25, 2025	-6.59% Jan 30, 2015 - Jan 29, 2016
#10	-0.73% Oct 22, 2015 - Mar 16, 2016	-6.19% Mar 20, 2008 - Sep 4, 2008
#11	-0.69% Sep 6, 2016 - Feb 6, 2017	-5.64% Dec 19, 2011 - May 9, 2012
#12	-0.63% May 15, 2015 - Oct 6, 2015	-5.62% Sep 4, 2019 - Jan 31, 2020
#13	-0.63% Oct 2, 2024 - Dec 4, 2024	-5.52% Mar 7, 2007 - Aug 21, 2007
#14	-0.62% Oct 21, 2014 - Jan 27, 2015	-3.87% Nov 26, 2007 - Jan 8, 2008
#15	-0.56% Feb 3, 2012 - Feb 28, 2012	-3.47% Jan 22, 2008 - Mar 12, 2008

Correlation

Correlation between SPSB and TLH is 0.43 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.43

-101

Dividend Comparison (2007 - 2026)

SPSB vs TLH dividend yield comparison.

Year	SPSB	TLH
2026	2.49%	2.70%
2025	4.55%	4.17%
2024	4.85%	4.28%
2023	4.06%	3.83%
2022	1.92%	2.78%
2021	1.19%	1.50%
2020	1.94%	2.65%
2019	2.77%	2.31%
2018	2.36%	2.17%
2017	1.94%	1.83%
2016	1.65%	1.91%
2015	1.43%	2.13%
2014	1.26%	2.12%
2013	1.40%	2.41%
2012	1.55%	2.22%
2011	1.95%	2.78%
2010	2.05%	3.61%
2009	0.04%	3.90%
2008	0.00%	3.57%
2007	0.00%	4.41%