XT vs SHM

Comparison between ISHARES EXPONENTIAL TECHNOLOGIES ETF (XT, ETF) and SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM, ETF).

5-Year PerformanceXT has outperformed SHM, delivering a return of +7.4% compared to +0.9%

XT vs SHM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XT(ETF)	SHM(ETF)
Net Assets	$3.40B	$3.40B
Expense Ratio	0.46%	0.20%
Max Drawdown	34.97%	11.61%
Sharpe Ratio	2.23	0.01
5Y Beta	1.05	0.01
P/E Ratio	40.05	N/A
Forward P/E	28.12	N/A
5Y Dividends CAGR	51.14%	19.21%
Debt to Equity	-21.11%	N/A

Net Assets

$3.40B

SHM

$3.40B

Expense Ratio

0.46%

Winner

SHM

0.20%

Max Drawdown

34.97%

Winner

SHM

11.61%

Sharpe Ratio

Winner

2.23

SHM

0.01

5Y Beta

1.05

Winner

SHM

0.01

P/E Ratio

40.05

SHM

N/A

Forward P/E

28.12

SHM

N/A

5Y Dividends CAGR

Winner

51.14%

SHM

19.21%

Debt to Equity

-21.11%

SHM

N/A

XT vs SHM - Historical Returns

Returns include dividend reinvestment.

Period	XT	SHM
1 month	+11.18%	-0.05%
3 months	+9.47%	-0.37%
6 months	+15.83%	+1.05%
1 year	+44.93%	+3.75%
5 years(CAGR)	+7.39%	+0.87%
10 years(CAGR)	+14.62%	+1.15%
Max(CAGR)	+12.43%	+1.79%

Winner

+11.18%

SHM

-0.05%

Winner

+9.47%

SHM

-0.37%

Winner

+15.83%

SHM

+1.05%

Winner

+44.93%

SHM

+3.75%

5Y(CAGR)

Winner

+7.39%

SHM

+0.87%

10Y(CAGR)

Winner

+14.62%

SHM

+1.15%

Max(CAGR)

Winner

+12.43%

SHM

+1.79%

XT vs SHM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	XT	SHM
2026	+12.62%	+0.45%
2025	+26.40%	+3.86%
2024	+2.22%	+1.22%
2023	+26.79%	+2.81%
2022	-28.20%	-3.80%
2021	+16.59%	-0.37%
2020	+33.53%	+2.53%
2019	+30.61%	+3.60%
2018	-6.17%	+1.42%
2017	+32.97%	+1.01%
2016	+11.61%	-0.49%
2015	-2.29%	+1.13%
2014	N/A	+1.01%
2013	N/A	+1.27%
2012	N/A	+1.32%
2011	N/A	+3.76%
2010	N/A	+1.19%
2009	N/A	+4.28%
2008	N/A	+5.83%
2007	N/A	+1.61%

XT vs SHM Drawdown Comparison

The maximum drawdown for XT was -34.40%, occurring on Oct 14, 2022. Recovery took 908 trading sessions.

The maximum drawdown for SHM was -11.61%, occurring on Mar 19, 2020. Recovery took 50 trading sessions.

The current SHM drawdown is -0.65%.

Rank	XT	SHM
#1	-34.40% Nov 16, 2021 - Jul 2, 2025	-11.61% Mar 9, 2020 - May 19, 2020
#2	-32.21% Feb 19, 2020 - Jul 2, 2020	-6.97% Sep 23, 2008 - Dec 5, 2008
#3	-19.47% Jun 22, 2015 - Aug 5, 2016	-6.67% Aug 3, 2021 - Sep 5, 2024
#4	-18.90% Aug 29, 2018 - Apr 3, 2019	-3.50% Aug 31, 2010 - May 6, 2011
#5	-10.45% Jan 28, 2026 - Apr 16, 2026	-3.07% Feb 13, 2008 - Mar 18, 2008
#6	-9.55% Jan 26, 2018 - Aug 7, 2018	-2.70% Aug 22, 2016 - Aug 2, 2017
#7	-9.31% Feb 12, 2021 - Apr 26, 2021	-2.63% Apr 23, 2013 - Oct 23, 2013
#8	-8.11% Apr 8, 2019 - Jul 1, 2019	-2.07% Sep 5, 2017 - Jan 11, 2019
#9	-7.30% Sep 3, 2021 - Nov 4, 2021	-1.87% Feb 13, 2009 - Apr 16, 2009
#10	-7.29% Oct 12, 2020 - Nov 5, 2020	-1.75% Mar 18, 2008 - Aug 15, 2008
#11	-7.16% Sep 2, 2020 - Oct 9, 2020	-1.67% Sep 6, 2011 - Jan 11, 2012
#12	-7.03% Jul 24, 2019 - Oct 25, 2019	-1.67% Apr 4, 2025 - Jun 12, 2025
#13	-6.52% Sep 22, 2016 - Dec 7, 2016	-1.31% Oct 3, 2024 - Feb 25, 2025
#14	-6.46% Nov 3, 2025 - Dec 10, 2025	-1.24% Sep 17, 2008 - Sep 23, 2008
#15	-6.11% Apr 26, 2021 - Jun 10, 2021	-1.13% Feb 26, 2026 - Mar 24, 2026

Correlation

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

0.91

-101

Dividend Comparison (2007 - 2026)

XT vs SHM dividend yield comparison.

Year	XT	SHM
2026	0.00%	0.89%
2025	7.95%	2.61%
2024	0.66%	2.06%
2023	0.41%	1.15%
2022	0.78%	0.69%
2021	0.84%	0.86%
2020	0.77%	1.24%
2019	1.55%	1.40%
2018	1.40%	1.23%
2017	0.97%	1.06%
2016	1.37%	0.94%
2015	1.34%	0.92%
2014	0.00%	0.93%
2013	0.00%	0.97%
2012	0.00%	1.40%
2011	0.00%	1.60%
2010	0.00%	1.91%
2009	0.00%	2.03%
2008	0.00%	2.59%
2007	0.00%	0.72%