STT vs. SHY
STT (State Street Corporation) is a stock, while SHY (iShares 1-3 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE US Treasury 1-3 Year Index. Over the past 10 years, STT returned 13.18%/yr vs 1.65%/yr for SHY. At a correlation of -0.21, they often move in opposite directions.
Performance
STT vs. SHY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, STT achieves a 24.00% return, which is significantly higher than SHY's 0.43% return. Over the past 10 years, STT has outperformed SHY with an annualized return of 13.18%, while SHY has yielded a comparatively lower 1.65% annualized return.
STT
- 1D
- -1.19%
- 1M
- 6.62%
- YTD
- 24.00%
- 6M
- 32.32%
- 1Y
- 67.31%
- 3Y*
- 34.54%
- 5Y*
- 16.34%
- 10Y*
- 13.18%
SHY
- 1D
- -0.05%
- 1M
- 0.08%
- YTD
- 0.43%
- 6M
- 0.69%
- 1Y
- 3.32%
- 3Y*
- 4.03%
- 5Y*
- 1.71%
- 10Y*
- 1.65%
STT vs. SHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STT State Street Corporation | 24.00% | 35.54% | 30.18% | 3.54% | -13.75% | 31.03% | -4.76% | 29.35% | -33.97% | 27.84% |
SHY iShares 1-3 Year Treasury Bond ETF | 0.43% | 4.95% | 3.92% | 4.16% | -3.88% | -0.71% | 3.03% | 3.38% | 1.46% | 0.26% |
Correlation
The correlation between STT and SHY is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2002 | -0.21 |
The correlation between STT and SHY shifts across timeframes, from -0.21 (all time) to 0.03 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
STT vs. SHY — Risk / Return Rank
STT
SHY
STT vs. SHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Corporation (STT) 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.
| STT | SHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.51 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 5.74 | 3.75 | +1.99 |
| Martin ratioReturn relative to average drawdown | 17.46 | 15.21 | +2.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| STT | SHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.72 | 2.49 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.87 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 1.06 | -0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 1.28 | -0.98 |
Drawdowns
STT vs. SHY - Drawdown Comparison
The maximum STT drawdown since its inception was -82.26%, which is greater than SHY's maximum drawdown of -5.71%. Use the drawdown chart below to compare losses from any high point for STT and SHY.
Loading charts...
Drawdown Indicators
| STT | SHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.26% | -5.71% | -76.55% |
Max Drawdown (1Y)Largest decline over 1 year | -11.79% | -0.89% | -10.90% |
Max Drawdown (3Y)Largest decline over 3 years | -25.68% | -0.97% | -24.71% |
Max Drawdown (5Y)Largest decline over 5 years | -41.45% | -5.71% | -35.74% |
Max Drawdown (10Y)Largest decline over 10 years | -59.59% | -5.71% | -53.88% |
Current DrawdownCurrent decline from peak | -1.20% | -0.31% | -0.89% |
Average DrawdownAverage peak-to-trough decline | -20.48% | -0.52% | -19.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.87% | 0.22% | +3.65% |
Volatility
STT vs. SHY - Volatility Comparison
State Street Corporation (STT) has a higher volatility of 6.00% compared to iShares 1-3 Year Treasury Bond ETF (SHY) at 0.35%. This indicates that STT'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.
Loading charts...
Volatility by Period
| STT | SHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.00% | 0.35% | +5.65% |
Volatility (6M)Calculated over the trailing 6-month period | 18.31% | 0.92% | +17.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.85% | 1.34% | +23.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.42% | 1.98% | +28.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.92% | 1.57% | +31.35% |
Dividends
STT vs. SHY - Dividend Comparison
STT's dividend yield for the trailing twelve months is around 2.08%, less than SHY's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHY iShares 1-3 Year Treasury Bond ETF | 3.68% | 3.81% | 3.92% | 2.99% | 1.30% | 0.26% | 0.94% | 2.12% | 1.72% | 0.98% | 0.71% | 0.54% |
STT State Street Corporation | 2.08% | 2.42% | 2.18% | 3.41% | 3.09% | 2.34% | 2.86% | 2.50% | 2.82% | 1.64% | 1.85% | 1.99% |
Frequently Asked Questions
STT and SHY have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STT has higher volatility (6.00%) compared to SHY (0.35%). In terms of maximum drawdown, STT dropped -82.26% vs SHY's -5.71%.
STT currently has the higher Sharpe Ratio (2.72 vs 2.49), 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.
Find the right allocation for STT and SHY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer