SPTB vs TCAL

Comparison between STATE STREET(R) SPDR(R) PORTFOLIO TREASURY ETF (SPTB, ETF) and T. ROWE PRICE CAPITAL APPRECIATION PREMIUM INCOME ETF (TCAL, ETF).

SPTB vs TCAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPTB(ETF)	TCAL(ETF)
Net Assets	$271M	$270M
Expense Ratio	0.03%	0.34%
Max Drawdown	6.32%	13.74%
Sharpe Ratio	-0.01	-0.29
5Y Beta	-0.01	0.33
P/E Ratio	N/A	28.00
Forward P/E	N/A	21.48
PEG Ratio	N/A	1.04
Debt to Equity	N/A	-23.82%
P/S Ratio	N/A	2.63
P/B Ratio	N/A	5.02

Net Assets

Winner

SPTB

$271M

TCAL

$270M

Expense Ratio

Winner

SPTB

0.03%

TCAL

0.34%

Max Drawdown

Winner

SPTB

6.32%

TCAL

13.74%

Sharpe Ratio

Winner

SPTB

-0.01

TCAL

-0.29

5Y Beta

Winner

SPTB

-0.01

TCAL

0.33

P/E Ratio

SPTB

N/A

TCAL

28.00

Forward P/E

SPTB

N/A

TCAL

21.48

PEG Ratio

SPTB

N/A

TCAL

1.04

Debt to Equity

SPTB

N/A

TCAL

-23.82%

P/S Ratio

SPTB

N/A

TCAL

2.63

P/B Ratio

SPTB

N/A

TCAL

5.02

SPTB vs TCAL - Historical Returns

Returns include dividend reinvestment.

Period	SPTB	TCAL
1 month	+1.01%	+2.24%
3 months	-0.26%	-0.56%
6 months	+0.42%	-1.45%
1 year	+3.93%	+1.30%
Max(CAGR)	+4.10%	+0.69%

SPTB

+1.01%

Winner

TCAL

+2.24%

Winner

SPTB

-0.26%

TCAL

-0.56%

Winner

SPTB

+0.42%

TCAL

-1.45%

Winner

SPTB

+3.93%

TCAL

+1.30%

Max(CAGR)

Winner

SPTB

+4.10%

TCAL

+0.69%

SPTB vs TCAL - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	SPTB	TCAL
2026	+0.23%	-1.04%
2025	+6.10%	+1.60%
2024	+2.17%	N/A

SPTB vs TCAL Drawdown Comparison

The maximum drawdown for SPTB was -4.96%, occurring on Jan 14, 2025. Recovery took 138 trading sessions.

The maximum drawdown for TCAL was -7.24%, occurring on Apr 8, 2025. Recovery took 49 trading sessions.

The current SPTB drawdown is -1.67%. The current TCAL drawdown is -3.85%.

Rank	SPTB	TCAL
#1	-4.96% Sep 16, 2024 - Apr 4, 2025	-7.24% Apr 2, 2025 - Jun 12, 2025
#2	-2.90% Feb 27, 2026 - May 19, 2026	-7.00% Feb 27, 2026 - Mar 27, 2026
#3	-2.66% Apr 4, 2025 - Aug 1, 2025	-3.81% Oct 20, 2025 - Feb 6, 2026
#4	-1.33% Jun 14, 2024 - Jul 11, 2024	-2.63% Aug 20, 2025 - Oct 20, 2025
#5	-1.20% Aug 5, 2024 - Aug 21, 2024	-2.42% Feb 6, 2026 - Feb 27, 2026
#6	-1.01% Oct 22, 2025 - Nov 26, 2025	-1.97% Jun 12, 2025 - Jun 30, 2025
#7	-0.98% May 21, 2024 - Jun 3, 2024	-1.24% Jul 25, 2025 - Aug 13, 2025
#8	-0.92% Jun 6, 2024 - Jun 13, 2024	-0.89% Jul 10, 2025 - Jul 22, 2025
#9	-0.90% Nov 26, 2025 - Feb 10, 2026	-0.58% Jul 1, 2025 - Jul 10, 2025
#10	-0.67% Jul 17, 2024 - Jul 30, 2024	-0.48% Aug 13, 2025 - Aug 19, 2025
#11	-0.66% Sep 16, 2025 - Oct 10, 2025	-0.46% Mar 27, 2025 - Mar 31, 2025
#12	-0.57% Aug 21, 2024 - Sep 4, 2024	-0.04% Mar 31, 2025 - Apr 2, 2025
#13	-0.56% Aug 5, 2025 - Aug 27, 2025	N/A
#14	-0.27% Aug 28, 2025 - Sep 3, 2025	N/A
#15	-0.22% Jul 12, 2024 - Jul 16, 2024	N/A