SPXE vs HBDC

Comparison between PROSHARES S&P 500 EX-ENERGY ETF (SPXE, ETF) and Hilton BDC Corporate Bond ETF (HBDC, ETF).

SPXE vs HBDC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPXE(ETF)	HBDC(ETF)
Net Assets	$84M	$84M
Expense Ratio	0.09%	0.39%
Max Drawdown	32.27%	3.83%
Sharpe Ratio	1.48	-0.23
5Y Beta	0.98	0.07
P/E Ratio	28.16	N/A
Forward P/E	22.07	N/A
5Y Dividends CAGR	9.62%	N/A
5Y EPS CAGR	28.43%	N/A
Debt to Equity	38.88%	N/A
P/S Ratio	3.71	N/A
P/B Ratio	5.75	N/A

Net Assets

Winner

SPXE

$84M

HBDC

$84M

Expense Ratio

Winner

SPXE

0.09%

HBDC

0.39%

Max Drawdown

SPXE

32.27%

Winner

HBDC

3.83%

Sharpe Ratio

Winner

SPXE

1.48

HBDC

-0.23

5Y Beta

SPXE

0.98

Winner

HBDC

0.07

P/E Ratio

SPXE

28.16

HBDC

N/A

Forward P/E

SPXE

22.07

HBDC

N/A

5Y Dividends CAGR

SPXE

9.62%

HBDC

N/A

5Y EPS CAGR

SPXE

28.43%

HBDC

N/A

Debt to Equity

SPXE

38.88%

HBDC

N/A

P/S Ratio

SPXE

3.71

HBDC

N/A

P/B Ratio

SPXE

5.75

HBDC

N/A

SPXE vs HBDC - Historical Returns

Returns include dividend reinvestment.

Period	SPXE	HBDC
1 month	+0.48%	+0.45%
3 months	+12.09%	+2.54%
6 months	+8.95%	+1.10%
1 year	+23.94%	+3.50%
5 years(CAGR)	+13.09%	N/A
10 years(CAGR)	+15.58%	N/A
Max(CAGR)	+15.42%	+3.02%

Winner

SPXE

+0.48%

HBDC

+0.45%

Winner

SPXE

+12.09%

HBDC

+2.54%

Winner

SPXE

+8.95%

HBDC

+1.10%

Winner

SPXE

+23.94%

HBDC

+3.50%

5Y(CAGR)

SPXE

+13.09%

HBDC

N/A

10Y(CAGR)

SPXE

+15.58%

HBDC

N/A

Max(CAGR)

Winner

SPXE

+15.42%

HBDC

+3.02%

SPXE vs HBDC - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	SPXE	HBDC
2026	+8.47%	+0.44%
2025	+18.31%	+2.65%
2024	+26.55%	N/A
2023	+27.91%	N/A
2022	-20.92%	N/A
2021	+29.87%	N/A
2020	+19.36%	N/A
2019	+31.91%	N/A
2018	-5.53%	N/A
2017	+24.01%	N/A
2016	+12.06%	N/A
2015	+7.21%	N/A

SPXE vs HBDC Drawdown Comparison

The maximum drawdown for SPXE was -32.27%, occurring on Mar 23, 2020. Recovery took 117 trading sessions.

The maximum drawdown for HBDC was -2.96%, occurring on Mar 20, 2026. This drawdown has not yet recovered.

The current SPXE drawdown is -2.40%. The current HBDC drawdown is -0.27%.

Rank	SPXE	HBDC
#1	-32.27% Feb 19, 2020 - Aug 5, 2020	-2.96% Dec 30, 2025 - Mar 20, 2026
#2	-26.49% Dec 29, 2021 - Dec 18, 2023	-1.32% Jun 11, 2025 - Jul 22, 2025
#3	-18.90% Feb 19, 2025 - Jun 26, 2025	-0.71% Oct 1, 2025 - Nov 26, 2025
#4	-18.59% Oct 3, 2018 - Apr 8, 2019	-0.39% Sep 16, 2025 - Oct 1, 2025
#5	-11.94% Dec 4, 2015 - Apr 14, 2016	-0.32% Nov 26, 2025 - Dec 18, 2025
#6	-10.10% Jan 12, 2026 - Apr 15, 2026	-0.30% Aug 1, 2025 - Aug 8, 2025
#7	-9.17% Sep 2, 2020 - Nov 13, 2020	-0.16% Aug 13, 2025 - Aug 22, 2025
#8	-8.71% Jul 16, 2024 - Sep 19, 2024	-0.16% Aug 22, 2025 - Aug 26, 2025
#9	-7.59% Jan 25, 2018 - Jul 24, 2018	-0.13% Jul 29, 2025 - Aug 1, 2025
#10	-6.63% May 3, 2019 - Jun 20, 2019	-0.11% Aug 28, 2025 - Sep 4, 2025
#11	-5.87% Jul 26, 2019 - Oct 21, 2019	-0.10% Jul 23, 2025 - Jul 29, 2025
#12	-5.74% Mar 28, 2024 - May 15, 2024	-0.08% Aug 8, 2025 - Aug 13, 2025
#13	-5.64% Jun 8, 2016 - Jul 8, 2016	-0.08% Dec 19, 2025 - Dec 24, 2025
#14	-5.55% Sep 3, 2021 - Oct 25, 2021	-0.08% Sep 8, 2025 - Sep 11, 2025
#15	-5.20% Oct 28, 2025 - Dec 11, 2025	-0.04% Sep 4, 2025 - Sep 8, 2025

Correlation

Correlation between SPXE and HBDC is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2015 - 2026)

SPXE vs HBDC dividend yield comparison.

Year	SPXE	HBDC
2026	0.22%	2.05%
2025	0.99%	2.42%
2024	1.09%	0.00%
2023	1.29%	0.00%
2022	1.49%	0.00%
2021	0.94%	0.00%
2020	1.16%	0.00%
2019	1.38%	0.00%
2018	1.61%	0.00%
2017	1.65%	0.00%
2016	1.53%	0.00%
2015	0.51%	0.00%