TCAL vs SPTB

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

TCAL vs SPTB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

TCAL

$270M

Winner

SPTB

$271M

Expense Ratio

TCAL

0.34%

Winner

SPTB

0.03%

Max Drawdown

TCAL

13.74%

Winner

SPTB

6.32%

Sharpe Ratio

TCAL

-0.29

Winner

SPTB

-0.01

5Y Beta

TCAL

0.33

Winner

SPTB

-0.01

P/E Ratio

TCAL

28.00

SPTB

N/A

Forward P/E

TCAL

21.48

SPTB

N/A

PEG Ratio

TCAL

1.04

SPTB

N/A

Debt to Equity

TCAL

-23.82%

SPTB

N/A

P/S Ratio

TCAL

2.63

SPTB

N/A

P/B Ratio

TCAL

5.02

SPTB

N/A

TCAL vs SPTB - Historical Returns

Returns include dividend reinvestment.

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

Winner

TCAL

+2.24%

SPTB

+1.01%

TCAL

-0.56%

Winner

SPTB

-0.26%

TCAL

-1.45%

Winner

SPTB

+0.42%

TCAL

+1.30%

Winner

SPTB

+3.93%

Max(CAGR)

TCAL

+0.69%

Winner

SPTB

+4.10%

TCAL vs SPTB - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

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

TCAL vs SPTB Drawdown Comparison

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

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

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

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