Performance analysis of GMUB (GOLDMAN SACHS MUNICIPAL INCOME ETF)
Annual Return
Since Jul 25, 2024, GMUB has had an average annual return of +4.23%, underperforming the benchmark SPY, which returned +19.39% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.35% | +5.99% | +1.08% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.76% | +1.26% | -1.90% | +0.92% | +0.32% | +0.55% | -0.53% | +1.35% | |||||
| 2025 | +0.48% | +1.01% | -1.20% | -0.38% | +0.36% | +1.16% | -0.15% | +1.08% | +1.68% | +0.94% | +0.31% | +0.55% | +5.99% |
| 2024 | +0.39% | +0.60% | +0.85% | -0.79% | +1.11% | -1.07% | +1.08% |
Drawdown analysis of GMUB (GOLDMAN SACHS MUNICIPAL INCOME ETF)
The maximum drawdown for the GMUB was -3.28%, occurring on Apr 11, 2025. Recovery took 76 trading sessions.
The current GMUB drawdown is -0.76%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -3.28% | Mar 3, 2025 | 29 | Apr 11, 2025 | 76 | Aug 1, 2025 | 105 |
| -2.29% | Feb 27, 2026 | 20 | Mar 27, 2026 | 63 | Jun 29, 2026 | 83 |
| -1.91% | Dec 4, 2024 | 26 | Jan 14, 2025 | 28 | Feb 25, 2025 | 54 |
| -1.66% | Oct 3, 2024 | 24 | Nov 6, 2024 | 16 | Nov 29, 2024 | 40 |
| -0.76% | Jul 6, 2026 | 11 | Jul 21, 2026 | Ongoing | Ongoing | Ongoing |
| -0.67% | Aug 5, 2024 | 3 | Aug 8, 2024 | 20 | Sep 6, 2024 | 23 |
| -0.45% | Nov 24, 2025 | 5 | Dec 2, 2025 | 18 | Dec 29, 2025 | 23 |
| -0.45% | Aug 13, 2025 | 6 | Aug 21, 2025 | 6 | Aug 29, 2025 | 12 |
| -0.41% | Jan 14, 2026 | 3 | Jan 20, 2026 | 8 | Jan 30, 2026 | 11 |
| -0.36% | Sep 19, 2025 | 5 | Sep 26, 2025 | 8 | Oct 8, 2025 | 13 |
| -0.35% | Aug 29, 2025 | 1 | Sep 2, 2025 | 2 | Sep 4, 2025 | 3 |
| -0.35% | Oct 27, 2025 | 7 | Nov 5, 2025 | 3 | Nov 10, 2025 | 10 |
| -0.24% | Nov 11, 2025 | 4 | Nov 17, 2025 | 5 | Nov 24, 2025 | 9 |
| -0.23% | Jan 9, 2026 | 2 | Jan 13, 2026 | 1 | Jan 14, 2026 | 3 |
| -0.19% | Feb 26, 2025 | 1 | Feb 27, 2025 | 1 | Feb 28, 2025 | 2 |
| -0.18% | Jan 2, 2026 | 1 | Jan 5, 2026 | 2 | Jan 7, 2026 | 3 |
| -0.16% | Sep 16, 2024 | 5 | Sep 23, 2024 | 4 | Sep 27, 2024 | 9 |
| -0.16% | Jun 29, 2026 | 1 | Jun 30, 2026 | 2 | Jul 2, 2026 | 3 |
| -0.13% | Sep 11, 2025 | 1 | Sep 12, 2025 | 3 | Sep 17, 2025 | 4 |
| -0.13% | Dec 29, 2025 | 1 | Dec 30, 2025 | 1 | Dec 31, 2025 | 2 |
| -0.11% | Aug 4, 2025 | 2 | Aug 6, 2025 | 3 | Aug 11, 2025 | 5 |
| -0.10% | Jan 7, 2026 | 1 | Jan 8, 2026 | 1 | Jan 9, 2026 | 2 |
| -0.09% | Feb 10, 2026 | 1 | Feb 11, 2026 | 1 | Feb 12, 2026 | 2 |
| -0.09% | Sep 9, 2024 | 1 | Sep 10, 2024 | 2 | Sep 12, 2024 | 3 |
| -0.09% | Aug 11, 2025 | 1 | Aug 12, 2025 | 1 | Aug 13, 2025 | 2 |