SPYX vs VTEC

Comparison between STATE STREET(R) SPDR(R) S&P 500(R) FOSSIL FUEL RESERVES FREE ETF (SPYX, ETF) and VANGUARD CALIFORNIA TAX-EXEMPT BOND ETF ETF SHARES (VTEC, ETF).

SPYX vs VTEC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPYX(ETF)	VTEC(ETF)
Net Assets	$2.70B	$2.80B
Expense Ratio	0.20%	0.06%
Max Drawdown	33.23%	5.70%
Sharpe Ratio	1.29	0.95
5Y Beta	0.99	0.04
P/E Ratio	28.12	N/A
Forward P/E	21.26	N/A
5Y Dividends CAGR	5.35%	N/A
5Y EPS CAGR	28.07%	N/A
Debt to Equity	36.09%	N/A
P/S Ratio	3.68	N/A
P/B Ratio	5.70	N/A

Net Assets

SPYX

$2.70B

Winner

VTEC

$2.80B

Expense Ratio

SPYX

0.20%

Winner

VTEC

0.06%

Max Drawdown

SPYX

33.23%

Winner

VTEC

5.70%

Sharpe Ratio

Winner

SPYX

1.29

VTEC

0.95

5Y Beta

SPYX

0.99

Winner

VTEC

0.04

P/E Ratio

SPYX

28.12

VTEC

N/A

Forward P/E

SPYX

21.26

VTEC

N/A

5Y Dividends CAGR

SPYX

5.35%

VTEC

N/A

5Y EPS CAGR

SPYX

28.07%

VTEC

N/A

Debt to Equity

SPYX

36.09%

VTEC

N/A

P/S Ratio

SPYX

3.68

VTEC

N/A

P/B Ratio

SPYX

5.70

VTEC

N/A

SPYX vs VTEC - Historical Returns

Returns include dividend reinvestment.

Period	SPYX	VTEC
1 month	+0.06%	+0.21%
3 months	+8.78%	+0.74%
6 months	+9.16%	+0.65%
1 year	+21.22%	+6.29%
5 years(CAGR)	+12.63%	N/A
10 years(CAGR)	+15.21%	N/A
Max(CAGR)	+14.67%	+2.73%

SPYX

+0.06%

Winner

VTEC

+0.21%

Winner

SPYX

+8.78%

VTEC

+0.74%

Winner

SPYX

+9.16%

VTEC

+0.65%

Winner

SPYX

+21.22%

VTEC

+6.29%

5Y(CAGR)

SPYX

+12.63%

VTEC

N/A

10Y(CAGR)

SPYX

+15.21%

VTEC

N/A

Max(CAGR)

Winner

SPYX

+14.67%

VTEC

+2.73%

SPYX vs VTEC - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	SPYX	VTEC
2026	+10.15%	+1.27%
2025	+18.23%	+3.86%
2024	+26.04%	+1.42%
2023	+27.44%	N/A
2022	-19.97%	N/A
2021	+30.12%	N/A
2020	+18.84%	N/A
2019	+31.63%	N/A
2018	-4.86%	N/A
2017	+22.61%	N/A
2016	+12.60%	N/A
2015	-2.02%	N/A

SPYX vs VTEC Drawdown Comparison

The maximum drawdown for SPYX was -32.83%, occurring on Mar 23, 2020. Recovery took 118 trading sessions.

The maximum drawdown for VTEC was -4.50%, occurring on Apr 8, 2025. Recovery took 190 trading sessions.

The current SPYX drawdown is -0.57%. The current VTEC drawdown is -0.49%.

Rank	SPYX	VTEC
#1	-32.83% Feb 19, 2020 - Aug 6, 2020	-4.50% Dec 2, 2024 - Sep 8, 2025
#2	-26.15% Dec 29, 2021 - Dec 14, 2023	-2.85% Feb 27, 2026 - Mar 27, 2026
#3	-19.19% Sep 20, 2018 - Apr 12, 2019	-2.43% Feb 1, 2024 - Aug 1, 2024
#4	-18.74% Feb 19, 2025 - Jun 26, 2025	-2.13% Oct 1, 2024 - Dec 2, 2024
#5	-12.46% Dec 1, 2015 - Apr 19, 2016	-0.79% Aug 6, 2024 - Sep 5, 2024
#6	-9.84% Jan 12, 2026 - Apr 15, 2026	-0.47% Sep 17, 2025 - Oct 10, 2025
#7	-9.67% Jan 26, 2018 - Jul 25, 2018	-0.44% Nov 26, 2025 - Dec 24, 2025
#8	-9.55% Sep 2, 2020 - Nov 11, 2020	-0.42% Nov 11, 2025 - Nov 26, 2025
#9	-8.45% Jul 16, 2024 - Sep 19, 2024	-0.34% Oct 29, 2025 - Nov 11, 2025
#10	-7.14% May 3, 2019 - Jun 20, 2019	-0.31% Jan 14, 2026 - Jan 30, 2026
#11	-6.19% Jul 26, 2019 - Oct 21, 2019	-0.16% Sep 27, 2024 - Oct 1, 2024
#12	-5.71% Jun 8, 2016 - Jul 8, 2016	-0.12% Sep 10, 2024 - Sep 13, 2024
#13	-5.57% Sep 3, 2021 - Oct 25, 2021	-0.11% Sep 17, 2024 - Sep 26, 2024
#14	-5.44% Mar 28, 2024 - May 15, 2024	-0.10% Sep 8, 2025 - Sep 10, 2025
#15	-5.17% Oct 28, 2025 - Dec 11, 2025	-0.09% Sep 11, 2025 - Sep 15, 2025

Correlation

Correlation between SPYX and VTEC is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2015 - 2026)

SPYX vs VTEC dividend yield comparison.

Year	SPYX	VTEC
2026	0.43%	1.55%
2025	0.91%	3.13%
2024	1.05%	2.54%
2023	1.21%	0.00%
2022	1.41%	0.00%
2021	1.04%	0.00%
2020	1.33%	0.00%
2019	1.56%	0.00%
2018	1.92%	0.00%
2017	1.68%	0.00%
2016	1.91%	0.00%
2015	0.16%	0.00%