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SPTS vs. SHY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPTS and SHY is -0.11. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.1

Performance

SPTS vs. SHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio Short Term Treasury ETF (SPTS) and iShares 1-3 Year Treasury Bond ETF (SHY). The values are adjusted to include any dividend payments, if applicable.

14.00%15.00%16.00%17.00%18.00%19.00%NovemberDecember2025FebruaryMarchApril
18.78%
16.68%
SPTS
SHY

Key characteristics

Sharpe Ratio

SPTS:

3.68

SHY:

3.72

Sortino Ratio

SPTS:

6.10

SHY:

6.55

Omega Ratio

SPTS:

1.81

SHY:

1.84

Calmar Ratio

SPTS:

6.46

SHY:

6.25

Martin Ratio

SPTS:

19.16

SHY:

17.97

Ulcer Index

SPTS:

0.32%

SHY:

0.34%

Daily Std Dev

SPTS:

1.68%

SHY:

1.63%

Max Drawdown

SPTS:

-5.83%

SHY:

-5.73%

Current Drawdown

SPTS:

-0.10%

SHY:

0.00%

Returns By Period

In the year-to-date period, SPTS achieves a 1.86% return, which is significantly lower than SHY's 1.96% return. Both investments have delivered pretty close results over the past 10 years, with SPTS having a 1.46% annualized return and SHY not far behind at 1.39%.


SPTS

YTD

1.86%

1M

0.62%

6M

2.43%

1Y

6.15%

5Y*

1.17%

10Y*

1.46%

SHY

YTD

1.96%

1M

0.67%

6M

2.40%

1Y

6.00%

5Y*

1.09%

10Y*

1.39%

*Annualized

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SPTS vs. SHY - Expense Ratio Comparison

SPTS has a 0.06% expense ratio, which is lower than SHY's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Expense ratio chart for SHY: current value is 0.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SHY: 0.15%
Expense ratio chart for SPTS: current value is 0.06%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPTS: 0.06%

Risk-Adjusted Performance

SPTS vs. SHY — Risk-Adjusted Performance Rank

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

SPTS
The Risk-Adjusted Performance Rank of SPTS is 9898
Overall Rank
The Sharpe Ratio Rank of SPTS is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of SPTS is 9898
Sortino Ratio Rank
The Omega Ratio Rank of SPTS is 9898
Omega Ratio Rank
The Calmar Ratio Rank of SPTS is 9898
Calmar Ratio Rank
The Martin Ratio Rank of SPTS is 9797
Martin Ratio Rank

SHY
The Risk-Adjusted Performance Rank of SHY is 9898
Overall Rank
The Sharpe Ratio Rank of SHY is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of SHY is 9999
Sortino Ratio Rank
The Omega Ratio Rank of SHY is 9898
Omega Ratio Rank
The Calmar Ratio Rank of SHY is 9898
Calmar Ratio Rank
The Martin Ratio Rank of SHY is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SPTS vs. SHY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Short Term Treasury ETF (SPTS) and iShares 1-3 Year Treasury Bond ETF (SHY). 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.


The chart of Sharpe ratio for SPTS, currently valued at 3.68, compared to the broader market-1.000.001.002.003.004.00
SPTS: 3.68
SHY: 3.72
The chart of Sortino ratio for SPTS, currently valued at 6.10, compared to the broader market-2.000.002.004.006.008.00
SPTS: 6.10
SHY: 6.55
The chart of Omega ratio for SPTS, currently valued at 1.81, compared to the broader market0.501.001.502.002.50
SPTS: 1.81
SHY: 1.84
The chart of Calmar ratio for SPTS, currently valued at 6.46, compared to the broader market0.002.004.006.008.0010.0012.00
SPTS: 6.46
SHY: 6.25
The chart of Martin ratio for SPTS, currently valued at 19.16, compared to the broader market0.0020.0040.0060.00
SPTS: 19.16
SHY: 17.97

The current SPTS Sharpe Ratio is 3.68, which is comparable to the SHY Sharpe Ratio of 3.72. The chart below compares the historical Sharpe Ratios of SPTS and SHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.002.503.003.50NovemberDecember2025FebruaryMarchApril
3.68
3.72
SPTS
SHY

Dividends

SPTS vs. SHY - Dividend Comparison

SPTS's dividend yield for the trailing twelve months is around 4.18%, more than SHY's 3.94% yield.


TTM20242023202220212020201920182017201620152014
SPTS
SPDR Portfolio Short Term Treasury ETF
4.18%4.25%3.61%1.27%0.19%0.70%2.21%2.04%1.20%0.95%0.83%0.68%
SHY
iShares 1-3 Year Treasury Bond ETF
3.94%3.92%2.99%1.30%0.24%0.94%2.12%1.72%0.98%0.71%0.54%0.36%

Drawdowns

SPTS vs. SHY - Drawdown Comparison

The maximum SPTS drawdown since its inception was -5.83%, roughly equal to the maximum SHY drawdown of -5.73%. Use the drawdown chart below to compare losses from any high point for SPTS and SHY. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%NovemberDecember2025FebruaryMarchApril
-0.10%
0
SPTS
SHY

Volatility

SPTS vs. SHY - Volatility Comparison

SPDR Portfolio Short Term Treasury ETF (SPTS) has a higher volatility of 0.66% compared to iShares 1-3 Year Treasury Bond ETF (SHY) at 0.56%. This indicates that SPTS's price experiences larger fluctuations and is considered to be riskier than SHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.30%0.40%0.50%0.60%0.70%NovemberDecember2025FebruaryMarchApril
0.66%
0.56%
SPTS
SHY