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Performance analysis of SHM (SPDR Nuveen Bloomberg Short Term Municipal Bond ETF)

Annual Return

Over the past 3 years, SHM has had an average annual return of +2.92%, underperforming the benchmark SPY, which returned +22.77% annual.

Over the past 5 years, SHM has had an average annual return of +0.91%, underperforming the benchmark SPY, which returned +14% annual.

Over the past 10 years, SHM has had an average annual return of +1.19%, underperforming the benchmark SPY, which returned +15.53% annual.

Since Oct 18, 2007, SHM has had an average annual return of +1.79%, underperforming the benchmark SPY, which returned +10.97% annual.

202620252024202320222021202020192018201720162015
+0.74%+3.95%+1.22%+2.92%-3.82%-0.37%+2.65%+3.64%+1.57%+0.99%-0.69%+1.22%
20142013201220112010200920082007
+0.92%+0.90%+1.28%+3.89%+1.02%+4.23%+5.97%+1.61%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+0.71%+0.42%-1.01%+0.33%+0.23%+0.06%+0.74%
2025+0.71%+0.60%-0.45%-0.28%+0.66%+0.74%+0.56%+0.73%+0.18%-0.13%+0.16%+0.38%+3.95%
2024-0.25%+0.10%-0.32%-0.56%-0.30%+0.79%+0.88%+1.12%+0.54%-0.70%+0.51%-0.58%+1.22%
2023+1.47%-1.99%+1.95%-0.63%-0.99%+0.82%-0.05%-0.21%-1.21%+0.14%+2.57%+1.12%+2.92%
2022-1.94%-0.10%-1.66%-1.31%+1.32%+0.00782%+1.13%-1.66%-1.78%+0.02%+1.84%+0.33%-3.82%
2021+0.11%-0.70%+0.30%+0.20%-0.00751%-0%+0.26%-0.12%-0.27%-0.18%+0.08%-0.03%-0.37%
2020+0.59%+0.18%-0.97%+0.04%+2.35%-0.08%+0.48%-0.23%+0.03%-0.30%+0.46%+0.10%+2.65%
2019+0.42%+0.41%+0.29%+0.17%+0.70%+0.40%+0.67%+0.20%-0.39%+0.26%+0.09%+0.36%+3.64%
2018+0.21%+0.02%-0.22%-0.31%+0.59%+0.36%+0.25%-0.02%-0.55%-0.19%+0.63%+0.79%+1.57%
2017+0.71%+0.41%+0.11%+0.29%+0.62%-0.53%+0.67%+0.37%-0.57%-0.11%-1.07%+0.11%+0.99%

Drawdown analysis of SHM (SPDR Nuveen Bloomberg Short Term Municipal Bond ETF)

The maximum drawdown for the SHM was -11.62%, occurring on Mar 19, 2020. Recovery took 42 trading sessions.

The current SHM drawdown is -0.41%.

Since Oct 18, 2007 SHM has experienced the following drawdowns:

  • 10% or more: 1 time
DepthStartTo BottomBottomTo RecoverEndTotal
-11.62%Mar 9, 20208Mar 19, 202042May 19, 202050
-6.97%Sep 23, 20086Oct 1, 200846Dec 5, 200852
-6.68%Aug 3, 2021310Oct 25, 2022467Sep 5, 2024777
-3.50%Aug 31, 201095Jan 14, 201177May 6, 2011172
-3.08%Feb 13, 200811Feb 29, 200812Mar 18, 200823
-2.70%Aug 22, 201670Nov 30, 2016168Aug 2, 2017238
-2.63%Apr 23, 201344Jun 25, 201384Oct 23, 2013128
-2.06%Sep 5, 2017161Apr 26, 2018179Jan 11, 2019340
-1.87%Feb 13, 200911Mar 3, 200931Apr 16, 200942
-1.74%Mar 18, 200868Jun 24, 200837Aug 15, 2008105
-1.67%Apr 4, 20255Apr 11, 202542Jun 12, 202547
-1.67%Sep 6, 201122Oct 6, 201166Jan 11, 201288
-1.32%Oct 3, 202454Dec 19, 202443Feb 25, 202597
-1.24%Sep 17, 20083Sep 22, 20081Sep 23, 20084
-1.14%Feb 26, 202618Mar 24, 2026OngoingOngoingOngoing
-1.12%Feb 4, 201588Jun 11, 201571Sep 22, 2015159
-1.12%Apr 22, 200941Jun 19, 200914Jul 10, 200955
-1.10%Aug 20, 201919Sep 17, 201969Dec 24, 201988
-1.05%Jan 20, 20093Jan 23, 20096Feb 2, 20099
-1.02%Mar 12, 201018Apr 8, 201032May 24, 201050
-1.00%Sep 30, 200914Oct 20, 200921Nov 18, 200935
-0.98%Mar 4, 201415Mar 25, 201485Jul 25, 2014100
-0.86%Feb 24, 201216Mar 19, 201241May 16, 201257
-0.84%Feb 9, 202111Feb 25, 2021106Jul 28, 2021117
-0.80%Feb 16, 201613Mar 4, 201678Jun 24, 201691