SHRY vs. SPTM

Last updated Jun 4, 2026

SHRY (First Trust Bloomberg Shareholder Yield ETF) and SPTM (SPDR Portfolio S&P 1500 Composite Stock Market ETF) are both Large Cap Blend Equities funds - SHRY tracks the Bloomberg Shareholder Yield Index - Benchmark TR Gross while SPTM tracks the S&P Composite 1500 Index. Both are passively managed. Over the past 5 years, SHRY returned 7.87%/yr vs 13.38%/yr for SPTM. Their correlation of 0.80 suggests significant overlap in exposure. SHRY charges 0.60%/yr vs 0.03%/yr for SPTM.

Performance

SHRY vs. SPTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Bloomberg Shareholder Yield ETF (SHRY) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHRY achieves a 4.24% return, which is significantly lower than SPTM's 11.10% return.

SHRY

• 1D: -0.83%
• 1M: -1.07%
• YTD: 4.24%
• 6M: 5.20%
• 1Y: 6.62%
• 3Y*: 13.90%
• 5Y*: 7.87%
• 10Y*: —

SPTM

• 1D: -0.67%
• 1M: 4.87%
• YTD: 11.10%
• 6M: 11.13%
• 1Y: 27.84%
• 3Y*: 21.90%
• 5Y*: 13.38%
• 10Y*: 15.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SHRY vs. SPTM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SHRY First Trust Bloomberg Shareholder Yield ETF	4.24%	7.29%	17.27%	17.47%	-14.21%	30.50%	11.86%	30.69%	-9.35%	10.12%
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	11.10%	16.93%	23.87%	25.55%	-17.75%	28.58%	17.94%	31.34%	-5.30%	10.85%

Correlation

The correlation between SHRY and SPTM is 0.52, 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	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jun 23, 2017	0.80

Over the past year, the correlation between SHRY and SPTM has dropped to 0.52 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.

SHRY vs. SPTM - Sectors Allocation Comparison

Sectors	SHRY	SPTM
Financial Services	23.2%	12.1%
Technology	18.2%	34.0%
Communication Services	12.9%	10.5%
Energy	10.7%	3.7%
Consumer Defensive	10.2%	4.8%
Healthcare	8.5%	8.6%
Industrials	8.1%	9.4%
Consumer Cyclical	7.5%	10.3%
Basic Materials	0.7%	2.0%
Real Estate	-	2.3%
Utilities	-	2.3%

Return for Risk

SHRY vs. SPTM — Risk / Return Rank

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

SHRY

SHRY Risk / Return Rank: 20
SHRY Sharpe Ratio Rank: 19
SHRY Sortino Ratio Rank: 18
SHRY Omega Ratio Rank: 18
SHRY Calmar Ratio Rank: 21
SHRY Martin Ratio Rank: 22

SPTM

SPTM Risk / Return Rank: 70
SPTM Sharpe Ratio Rank: 70
SPTM Sortino Ratio Rank: 69
SPTM Omega Ratio Rank: 69
SPTM Calmar Ratio Rank: 64
SPTM Martin Ratio Rank: 76

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.

SHRY vs. SPTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Bloomberg Shareholder Yield ETF (SHRY) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). 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.

	SHRY	SPTM	Difference
Sharpe ratio Return per unit of total volatility	0.62	2.36	-1.74
Sortino ratio Return per unit of downside risk	0.95	3.23	-2.28
Omega ratio Gain probability vs. loss probability	1.11	1.43	-0.32
Calmar ratio Return relative to maximum drawdown	0.92	3.22	-2.30
Martin ratio Return relative to average drawdown	2.54	15.01	-12.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SHRY vs. SPTM - Sharpe Ratio Comparison

The current SHRY Sharpe Ratio is 0.62, which is lower than the SPTM Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of SHRY and SPTM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SHRY	SPTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	2.36	-1.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.80	-0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.46	+0.14

Drawdowns

SHRY vs. SPTM - Drawdown Comparison

The maximum SHRY drawdown since its inception was -36.67%, smaller than the maximum SPTM drawdown of -54.80%. Use the drawdown chart below to compare losses from any high point for SHRY and SPTM.

Drawdown Indicators

	SHRY	SPTM	Difference
Max Drawdown Largest peak-to-trough decline	-36.67%	-54.80%	+18.13%
Max Drawdown (1Y) Largest decline over 1 year	-7.20%	-8.68%	+1.48%
Max Drawdown (3Y) Largest decline over 3 years	-15.34%	-18.87%	+3.53%
Max Drawdown (5Y) Largest decline over 5 years	-23.94%	-24.14%	+0.20%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.66%	—
Current Drawdown Current decline from peak	-3.73%	-0.67%	-3.06%
Average Drawdown Average peak-to-trough decline	-5.03%	-9.05%	+4.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	1.86%	+0.76%

Volatility

SHRY vs. SPTM - Volatility Comparison

The current volatility for First Trust Bloomberg Shareholder Yield ETF (SHRY) is 2.31%, while SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) has a volatility of 2.88%. This indicates that SHRY experiences smaller price fluctuations and is considered to be less risky than SPTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHRY	SPTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.31%	2.88%	-0.57%
Volatility (6M) Calculated over the trailing 6-month period	7.51%	8.92%	-1.41%
Volatility (1Y) Calculated over the trailing 1-year period	10.78%	11.88%	-1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.67%	16.87%	-1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.18%	18.03%	+0.15%

SHRY vs. SPTM - Expense Ratio Comparison

SHRY has a 0.60% expense ratio, which is higher than SPTM's 0.03% expense ratio.

Dividends

SHRY vs. SPTM - Dividend Comparison

SHRY's dividend yield for the trailing twelve months is around 1.69%, more than SPTM's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SHRY First Trust Bloomberg Shareholder Yield ETF	1.69%	1.73%	1.76%	1.49%	1.52%	0.98%	1.65%	1.54%	1.89%	0.55%	0.00%	0.00%
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	1.04%	1.13%	1.28%	1.44%	1.69%	1.25%	1.56%	1.72%	1.90%	1.66%	1.91%	1.92%

Frequently Asked Questions

Can I hold both SHRY and SPTM in my portfolio?

SHRY and SPTM have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SHRY or SPTM?

SPTM has higher volatility (2.88%) compared to SHRY (2.31%). In terms of maximum drawdown, SHRY dropped -36.67% vs SPTM's -54.80%.

Which ETF is better, SHRY or SPTM?

On 5-year performance, SPTM leads with 13.38% vs 7.87% for SHRY. On fees, SPTM is cheaper at 0.03% per year. On volatility, SHRY has been the lower-risk option at 2.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SHRY or SPTM?

Over the 5-year period, SPTM has performed better with a 13.38% return vs 7.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SHRY or SPTM?

SPTM is cheaper with a 0.03% expense ratio, compared with 0.60% for SHRY.

Which ETF pays a higher dividend yield, SHRY or SPTM?

SHRY has the higher dividend yield at 1.69%, compared with 1.04% for SPTM.

What is the main difference between SHRY and SPTM?

SHRY tracks Bloomberg Shareholder Yield Index - Benchmark TR Gross, while SPTM tracks S&P Composite 1500 Index. They also come from different issuers: First Trust and State Street. Their fees differ too: 0.60% for SHRY and 0.03% for SPTM.

Which has better risk-adjusted returns?

SPTM currently has the higher Sharpe Ratio (2.36 vs 0.62), 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.