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SHAG vs. STOT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SHAG vs. STOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) and State Street DoubleLine Short Duration Total Return Tactical ETF (STOT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SHAG achieves a 0.38% return, which is significantly lower than STOT's 1.06% return.


SHAG

1D
-0.09%
1M
0.19%
YTD
0.38%
6M
0.52%
1Y
3.48%
3Y*
4.73%
5Y*
1.62%
10Y*

STOT

1D
-0.05%
1M
0.14%
YTD
1.06%
6M
1.20%
1Y
3.99%
3Y*
5.23%
5Y*
2.82%
10Y*
2.43%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SHAG vs. STOT - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SHAG
WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF
0.38%6.27%4.30%4.61%-6.37%-0.91%4.70%5.79%0.80%-0.23%
STOT
State Street DoubleLine Short Duration Total Return Tactical ETF
1.06%5.56%5.26%6.39%-3.75%0.27%2.43%4.40%0.95%-0.25%

Correlation

The correlation between SHAG and STOT is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.75

Correlation (3Y)
Calculated over the trailing 3-year period

0.64

Correlation (5Y)
Calculated over the trailing 5-year period

0.64

Correlation (All Time)
Calculated using the full available price history since Aug 24, 2017

0.51

Over the past year, SHAG and STOT have become more correlated (0.75) than their long-term average of 0.51, meaning their price movements have been converging.

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Return for Risk

SHAG vs. STOT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SHAG
SHAG Risk / Return Rank: 5858
Overall Rank
SHAG Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
SHAG Sortino Ratio Rank: 6666
Sortino Ratio Rank
SHAG Omega Ratio Rank: 6161
Omega Ratio Rank
SHAG Calmar Ratio Rank: 5353
Calmar Ratio Rank
SHAG Martin Ratio Rank: 5252
Martin Ratio Rank

STOT
STOT Risk / Return Rank: 9494
Overall Rank
STOT Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
STOT Sortino Ratio Rank: 9696
Sortino Ratio Rank
STOT Omega Ratio Rank: 9595
Omega Ratio Rank
STOT Calmar Ratio Rank: 9090
Calmar Ratio Rank
STOT Martin Ratio Rank: 9393
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SHAG vs. STOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) and State Street DoubleLine Short Duration Total Return Tactical ETF (STOT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


SHAGSTOTDifference
Sharpe ratioReturn per unit of total volatility

-1.66

Sortino ratioReturn per unit of downside risk

-2.50

Omega ratioGain probability vs. loss probability

1.36

1.72

-0.36

Calmar ratioReturn relative to maximum drawdown

2.54

5.24

-2.70

Martin ratioReturn relative to average drawdown

8.61

22.76

-14.15

SHAG vs. STOT - Sharpe Ratio Comparison

The current SHAG Sharpe Ratio is 1.88, which is lower than the STOT Sharpe Ratio of 3.54. The chart below compares the historical Sharpe Ratios of SHAG and STOT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

SHAG vs. STOT - Drawdown Comparison

The maximum SHAG drawdown since its inception was -9.62%, which is greater than STOT's maximum drawdown of -6.07%. Use the drawdown chart below to compare losses from any high point for SHAG and STOT.


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Drawdown Indicators


SHAGSTOTDifference

Max Drawdown

Largest peak-to-trough decline

-9.62%

-6.07%

-3.55%

Max Drawdown (1Y)

Largest decline over 1 year

-1.38%

-0.76%

-0.62%

Max Drawdown (3Y)

Largest decline over 3 years

-1.38%

-0.76%

-0.62%

Max Drawdown (5Y)

Largest decline over 5 years

-9.62%

-6.07%

-3.55%

Max Drawdown (10Y)

Largest decline over 10 years

-6.07%

Current Drawdown

Current decline from peak

-0.64%

-0.14%

-0.50%

Average Drawdown

Average peak-to-trough decline

-1.87%

-0.83%

-1.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.41%

0.18%

+0.23%

Volatility

SHAG vs. STOT - Volatility Comparison

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) has a higher volatility of 0.62% compared to State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) at 0.37%. This indicates that SHAG's price experiences larger fluctuations and is considered to be riskier than STOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SHAGSTOTDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.62%

0.37%

+0.25%

Volatility (6M)

Calculated over the trailing 6-month period

1.40%

0.87%

+0.53%

Volatility (1Y)

Calculated over the trailing 1-year period

1.86%

1.13%

+0.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.76%

1.73%

+1.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.58%

2.20%

+0.38%

SHAG vs. STOT - Expense Ratio Comparison

SHAG has a 0.12% expense ratio, which is lower than STOT's 0.45% expense ratio.


Dividends

SHAG vs. STOT - Dividend Comparison

SHAG's dividend yield for the trailing twelve months is around 4.28%, less than STOT's 4.41% yield.


PositionTTM2025202420232022202120202019201820172016
SHAG
WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF
4.28%4.33%4.49%3.04%1.38%0.92%2.33%2.71%2.56%0.77%0.00%
STOT
State Street DoubleLine Short Duration Total Return Tactical ETF
4.41%4.52%5.10%4.53%2.54%1.76%1.66%2.61%2.50%1.95%2.08%

Frequently Asked Questions


SHAG and STOT have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SHAG has higher volatility (0.62%) compared to STOT (0.37%). In terms of maximum drawdown, SHAG dropped -9.62% vs STOT's -6.07%.

On 5-year performance, STOT leads with 2.82% vs 1.62% for SHAG. On fees, SHAG is cheaper at 0.12% per year. On volatility, STOT has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, STOT has performed better with a 2.82% return vs 1.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SHAG is cheaper with a 0.12% expense ratio, compared with 0.45% for STOT.

STOT has the higher dividend yield at 4.41%, compared with 4.28% for SHAG.

SHAG tracks Bloomberg U.S. Short Aggregate Enhanced Yield Index, while STOT tracks Bloomberg U.S. Aggregate 1-3 Year Index. They also come from different issuers: WisdomTree and State Street. Their fees differ too: 0.12% for SHAG and 0.45% for STOT.

STOT currently has the higher Sharpe Ratio (3.54 vs 1.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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