SPYV vs VGSH

Comparison between SPDR(R) PORTFOLIO S&P 500 VALUE ETF (SPYV, ETF) and VANGUARD SHORT-TERM TREASURY INDEX FUND ETF SHARES (VGSH, ETF).

5-Year PerformanceSPYV has outperformed VGSH, delivering a return of +10.5% compared to +1.8%

SPYV vs VGSH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPYV(ETF)	VGSH(ETF)
Net Assets	$32B	$33B
Expense Ratio	0.04%	0.03%
Max Drawdown	60.42%	8.05%
Sharpe Ratio	1.74	-0.16
5Y Beta	0.70	-0.02
P/E Ratio	24.93	N/A
Forward P/E	19.63	N/A
5Y Dividends CAGR	2.68%	23.40%
5Y EPS CAGR	13.35%	N/A
Debt to Equity	71.60%	N/A
P/S Ratio	1.98	N/A
P/B Ratio	3.49	N/A

Net Assets

SPYV

$32B

Winner

VGSH

$33B

Expense Ratio

SPYV

0.04%

Winner

VGSH

0.03%

Max Drawdown

SPYV

60.42%

Winner

VGSH

8.05%

Sharpe Ratio

Winner

SPYV

1.74

VGSH

-0.16

5Y Beta

SPYV

0.70

Winner

VGSH

-0.02

P/E Ratio

SPYV

24.93

VGSH

N/A

Forward P/E

SPYV

19.63

VGSH

N/A

5Y Dividends CAGR

SPYV

2.68%

Winner

VGSH

23.40%

5Y EPS CAGR

SPYV

13.35%

VGSH

N/A

Debt to Equity

SPYV

71.60%

VGSH

N/A

P/S Ratio

SPYV

1.98

VGSH

N/A

P/B Ratio

SPYV

3.49

VGSH

N/A

SPYV vs VGSH - Historical Returns

Returns include dividend reinvestment.

Period	SPYV	VGSH
1 month	+3.75%	+0.15%
3 months	+1.66%	+0.18%
6 months	+8.86%	+1.17%
1 year	+23.16%	+3.65%
5 years(CAGR)	+10.50%	+1.83%
10 years(CAGR)	+12.01%	+1.74%
Max(CAGR)	+7.76%	+1.41%

Winner

SPYV

+3.75%

VGSH

+0.15%

Winner

SPYV

+1.66%

VGSH

+0.18%

Winner

SPYV

+8.86%

VGSH

+1.17%

Winner

SPYV

+23.16%

VGSH

+3.65%

5Y(CAGR)

Winner

SPYV

+10.50%

VGSH

+1.83%

10Y(CAGR)

Winner

SPYV

+12.01%

VGSH

+1.74%

Max(CAGR)

Winner

SPYV

+7.76%

VGSH

+1.41%

SPYV vs VGSH - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	SPYV	VGSH
2026	+5.90%	+0.53%
2025	+13.74%	+5.09%
2024	+11.51%	+4.14%
2023	+21.57%	+4.23%
2022	-5.69%	-3.73%
2021	+26.65%	-0.64%
2020	+1.09%	+3.04%
2019	+31.17%	+3.56%
2018	-9.54%	+1.60%
2017	+14.24%	+0.45%
2016	+18.50%	+1.15%
2015	-3.01%	+0.44%
2014	+12.83%	+0.51%
2013	+28.40%	+0.34%
2012	+14.94%	+0.52%
2011	-1.95%	+1.48%
2010	+13.67%	+2.13%
2009	+14.71%	-0.52%
2008	-35.49%	N/A
2007	+1.64%	N/A
2006	+20.05%	N/A
2005	+6.00%	N/A
2004	+13.25%	N/A
2003	+21.98%	N/A
2002	-17.45%	N/A
2001	-4.78%	N/A
2000	+3.70%	N/A

SPYV vs VGSH Drawdown Comparison

The maximum drawdown for SPYV was -58.47%, occurring on Mar 6, 2009. Recovery took 1347 trading sessions.

The maximum drawdown for VGSH was -5.70%, occurring on Oct 20, 2022. Recovery took 773 trading sessions.

The current SPYV drawdown is -0.23%. The current VGSH drawdown is -0.21%.

Rank	SPYV	VGSH
#1	-58.47% Oct 9, 2007 - Feb 14, 2013	-5.70% Apr 20, 2021 - May 15, 2024
#2	-36.86% Feb 12, 2020 - Dec 31, 2020	-1.09% Sep 7, 2017 - Nov 19, 2018
#3	-33.68% Dec 28, 2000 - Jan 26, 2004	-0.97% Sep 24, 2024 - Jan 24, 2025
#4	-19.15% Jan 26, 2018 - Apr 23, 2019	-0.94% Jul 5, 2016 - Jul 28, 2017
#5	-17.91% Apr 20, 2022 - Feb 1, 2023	-0.88% Feb 27, 2026 - Mar 26, 2026
#6	-17.54% Nov 29, 2024 - Aug 22, 2025	-0.83% Nov 3, 2010 - May 5, 2011
#7	-14.71% May 21, 2015 - Jun 6, 2016	-0.74% Dec 1, 2009 - Jan 22, 2010
#8	-10.91% Jul 31, 2023 - Dec 1, 2023	-0.73% Apr 30, 2025 - Jun 23, 2025
#9	-10.38% Jul 13, 2007 - Oct 9, 2007	-0.72% Oct 14, 2015 - Feb 2, 2016
#10	-9.56% Feb 2, 2023 - Jun 13, 2023	-0.65% Sep 4, 2019 - Oct 2, 2019
#11	-7.70% May 3, 2019 - Jul 1, 2019	-0.60% Mar 2, 2010 - May 4, 2010
#12	-7.48% Mar 5, 2004 - Sep 14, 2004	-0.53% Oct 15, 2014 - Jan 14, 2015
#13	-7.39% Sep 18, 2014 - Nov 6, 2014	-0.48% Mar 9, 2020 - Mar 20, 2020
#14	-7.36% May 5, 2006 - Aug 16, 2006	-0.47% Feb 11, 2016 - Apr 7, 2016
#15	-7.27% Jan 12, 2022 - Apr 20, 2022	-0.47% Jan 15, 2015 - Apr 1, 2015

Correlation

Correlation between SPYV and VGSH is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2000 - 2026)

SPYV vs VGSH dividend yield comparison.

Year	SPYV	VGSH
2026	0.35%	1.23%
2025	1.77%	4.00%
2024	2.29%	4.18%
2023	1.75%	3.31%
2022	2.22%	1.15%
2021	2.10%	0.66%
2020	2.38%	1.74%
2019	2.25%	2.28%
2018	2.97%	1.79%
2017	2.77%	1.10%
2016	2.39%	0.84%
2015	2.53%	0.69%
2014	2.19%	0.46%
2013	1.96%	0.34%
2012	2.48%	0.52%
2011	2.23%	0.76%
2010	2.43%	0.78%
2009	2.57%	0.08%
2008	4.54%	0.00%
2007	2.71%	0.00%
2006	2.12%	0.00%
2005	2.26%	0.00%
2004	2.27%	0.00%
2003	2.09%	0.00%
2002	2.84%	0.00%
2001	1.78%	0.00%
2000	0.42%	0.00%