SPYD vs TBIL

Comparison between SPDR(R) PORTFOLIO S&P 500 HIGH DIVIDEND ETF (SPYD, ETF) and F/M US TREASURY 3 MONTH BILL ETF (TBIL, ETF).

SPYD vs TBIL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPYD(ETF)	TBIL(ETF)
Net Assets	$7B	$7B
Expense Ratio	0.07%	0.15%
Max Drawdown	47.32%	0.58%
Sharpe Ratio	1.01	1.10
5Y Beta	0.51	0.00
P/E Ratio	24.20	N/A
Forward P/E	13.93	N/A
PEG Ratio	0.47	N/A
5Y Dividends CAGR	5.15%	N/A
5Y EPS CAGR	5.77%	N/A
Debt to Equity	-43.13%	N/A
P/S Ratio	1.39	N/A
P/B Ratio	1.82	N/A

Net Assets

SPYD

$7B

TBIL

$7B

Expense Ratio

Winner

SPYD

0.07%

TBIL

0.15%

Max Drawdown

SPYD

47.32%

Winner

TBIL

0.58%

Sharpe Ratio

SPYD

1.01

Winner

TBIL

1.10

5Y Beta

SPYD

0.51

Winner

TBIL

0.00

P/E Ratio

SPYD

24.20

TBIL

N/A

Forward P/E

SPYD

13.93

TBIL

N/A

PEG Ratio

SPYD

0.47

TBIL

N/A

5Y Dividends CAGR

SPYD

5.15%

TBIL

N/A

5Y EPS CAGR

SPYD

5.77%

TBIL

N/A

Debt to Equity

SPYD

-43.13%

TBIL

N/A

P/S Ratio

SPYD

1.39

TBIL

N/A

P/B Ratio

SPYD

1.82

TBIL

N/A

SPYD vs TBIL - Historical Returns

Returns include dividend reinvestment.

Period	SPYD	TBIL
1 month	+1.65%	+0.31%
3 months	+0.24%	+0.89%
6 months	+11.72%	+1.86%
1 year	+15.97%	+4.03%
5 years(CAGR)	+6.87%	N/A
10 years(CAGR)	+8.71%	N/A
Max(CAGR)	+9.09%	+4.55%

Winner

SPYD

+1.65%

TBIL

+0.31%

SPYD

+0.24%

Winner

TBIL

+0.89%

Winner

SPYD

+11.72%

TBIL

+1.86%

Winner

SPYD

+15.97%

TBIL

+4.03%

5Y(CAGR)

SPYD

+6.87%

TBIL

N/A

10Y(CAGR)

SPYD

+8.71%

TBIL

N/A

Max(CAGR)

Winner

SPYD

+9.09%

TBIL

+4.55%

SPYD vs TBIL - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	SPYD	TBIL
2026	+8.14%	+1.23%
2025	+4.95%	+4.19%
2024	+13.90%	+5.14%
2023	+3.67%	+5.10%
2022	-1.93%	+1.30%
2021	+35.01%	N/A
2020	-10.84%	N/A
2019	+21.98%	N/A
2018	-5.21%	N/A
2017	+11.68%	N/A
2016	+25.61%	N/A
2015	-2.59%	N/A

SPYD vs TBIL Drawdown Comparison

The maximum drawdown for SPYD was -46.38%, occurring on Mar 23, 2020. Recovery took 278 trading sessions.

The maximum drawdown for TBIL was -0.10%, occurring on Oct 5, 2022. Recovery took 10 trading sessions.

The current SPYD drawdown is -1.89%.

Rank	SPYD	TBIL
#1	-46.38% Jan 16, 2020 - Feb 24, 2021	-0.10% Oct 3, 2022 - Oct 17, 2022
#2	-22.20% Apr 20, 2022 - Jul 11, 2024	-0.05% Dec 23, 2022 - Dec 29, 2022
#3	-16.15% Nov 27, 2024 - Jan 14, 2026	-0.04% Aug 10, 2022 - Aug 25, 2022
#4	-13.63% Aug 20, 2018 - Feb 19, 2019	-0.04% Nov 14, 2022 - Nov 17, 2022
#5	-9.68% Nov 3, 2015 - Mar 2, 2016	-0.04% Apr 5, 2023 - Apr 12, 2023
#6	-9.60% Jan 26, 2018 - Aug 3, 2018	-0.02% Jul 3, 2025 - Jul 9, 2025
#7	-9.20% Jun 8, 2021 - Nov 15, 2021	-0.02% Aug 2, 2024 - Aug 7, 2024
#8	-8.71% Jul 3, 2019 - Sep 11, 2019	-0.02% Mar 4, 2025 - Mar 7, 2025
#9	-7.72% Apr 12, 2019 - Jul 3, 2019	-0.02% Feb 3, 2025 - Feb 5, 2025
#10	-7.05% Feb 13, 2026 - Mar 20, 2026	-0.02% Oct 17, 2022 - Oct 25, 2022
#11	-6.76% Nov 15, 2021 - Dec 27, 2021	-0.02% Jul 9, 2024 - Jul 11, 2024
#12	-6.34% Sep 7, 2016 - Nov 15, 2016	-0.02% May 1, 2026 - May 5, 2026
#13	-5.54% Jan 14, 2022 - Mar 25, 2022	-0.02% Feb 2, 2024 - Feb 8, 2024
#14	-5.01% Sep 11, 2019 - Oct 22, 2019	-0.02% May 7, 2025 - May 9, 2025
#15	-4.56% Mar 15, 2021 - Apr 15, 2021	-0.02% Jan 3, 2025 - Jan 8, 2025

Correlation

Correlation between SPYD and TBIL is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2015 - 2026)

SPYD vs TBIL dividend yield comparison.

Year	SPYD	TBIL
2026	0.96%	1.20%
2025	4.52%	4.06%
2024	4.31%	5.02%
2023	4.66%	5.00%
2022	5.01%	1.10%
2021	3.68%	0.00%
2020	4.95%	0.00%
2019	4.42%	0.00%
2018	4.75%	0.00%
2017	4.63%	0.00%
2016	4.34%	0.00%
2015	1.13%	0.00%