Performance analysis of GMUN (GOLDMAN SACHS COMMUNITY MUNICIPAL BOND ETF)
Annual Return
Over the past 3 years, GMUN has had an average annual return of +2.81%, underperforming the benchmark SPY, which returned +20.84% annual.
Since Mar 9, 2023, GMUN has had an average annual return of +2.92%, underperforming the benchmark SPY, which returned +24.05% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.35% | +5.91% | +0.30% | +3.68% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.96% | +1.03% | -2.42% | +0.89% | -0.72% | -0.04% | -0.35% | ||||||
| 2025 | +0.50% | +1.10% | -1.34% | -0.15% | +0.53% | +0.90% | +0.24% | +0.93% | +1.62% | +0.93% | +0.19% | +0.36% | +5.91% |
| 2024 | -0.53% | -0.04% | -0.32% | -0.89% | -0.66% | +1.02% | +1.09% | +0.86% | +0.76% | -1.14% | +1.17% | -0.97% | +0.30% |
| 2023 | +1.76% | -0.45% | -0.93% | +0.54% | +0.09% | -0.66% | -1.79% | -0.46% | +3.82% | +1.83% | +3.68% |
Drawdown analysis of GMUN (GOLDMAN SACHS COMMUNITY MUNICIPAL BOND ETF)
The maximum drawdown for the GMUN was -4.35%, occurring on Oct 6, 2023. Recovery took 42 trading sessions.
The current GMUN drawdown is -2.30%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.35% | Apr 12, 2023 | 123 | Oct 6, 2023 | 42 | Dec 6, 2023 | 165 |
| -3.05% | Feb 28, 2025 | 30 | Apr 11, 2025 | 55 | Jul 2, 2025 | 85 |
| -2.83% | Feb 27, 2026 | 19 | Mar 26, 2026 | Ongoing | Ongoing | Ongoing |
| -2.54% | Dec 27, 2023 | 105 | May 29, 2024 | 44 | Aug 1, 2024 | 149 |
| -1.92% | Oct 1, 2024 | 26 | Nov 6, 2024 | 19 | Dec 4, 2024 | 45 |
| -1.87% | Dec 6, 2024 | 24 | Jan 14, 2025 | 28 | Feb 25, 2025 | 52 |
| -0.74% | Aug 5, 2024 | 3 | Aug 8, 2024 | 18 | Sep 4, 2024 | 21 |
| -0.53% | Sep 17, 2025 | 7 | Sep 26, 2025 | 10 | Oct 10, 2025 | 17 |
| -0.51% | Mar 17, 2023 | 2 | Mar 21, 2023 | 1 | Mar 22, 2023 | 3 |
| -0.50% | Jul 10, 2025 | 6 | Jul 18, 2025 | 10 | Aug 1, 2025 | 16 |
| -0.25% | Jan 15, 2026 | 2 | Jan 20, 2026 | 6 | Jan 28, 2026 | 8 |
| -0.25% | Oct 27, 2025 | 7 | Nov 5, 2025 | 4 | Nov 11, 2025 | 11 |
| -0.20% | Nov 11, 2025 | 3 | Nov 14, 2025 | 8 | Nov 26, 2025 | 11 |
| -0.18% | Sep 19, 2024 | 4 | Sep 25, 2024 | 2 | Sep 27, 2024 | 6 |
| -0.17% | Dec 20, 2023 | 1 | Dec 21, 2023 | 3 | Dec 27, 2023 | 4 |
| -0.17% | Mar 15, 2023 | 1 | Mar 16, 2023 | 1 | Mar 17, 2023 | 2 |
| -0.16% | Feb 17, 2026 | 1 | Feb 18, 2026 | 2 | Feb 20, 2026 | 3 |
| -0.13% | Aug 13, 2025 | 6 | Aug 21, 2025 | 1 | Aug 22, 2025 | 7 |
| -0.13% | Mar 13, 2023 | 1 | Mar 14, 2023 | 1 | Mar 15, 2023 | 2 |
| -0.13% | Mar 24, 2023 | 1 | Mar 27, 2023 | 1 | Mar 28, 2023 | 2 |
| -0.12% | Apr 6, 2023 | 1 | Apr 10, 2023 | 1 | Apr 11, 2023 | 2 |
| -0.10% | Feb 26, 2025 | 1 | Feb 27, 2025 | 1 | Feb 28, 2025 | 2 |
| -0.10% | Aug 27, 2025 | 3 | Sep 2, 2025 | 1 | Sep 3, 2025 | 4 |
| -0.10% | Feb 5, 2026 | 1 | Feb 6, 2026 | 1 | Feb 9, 2026 | 2 |
| -0.10% | Dec 14, 2023 | 2 | Dec 18, 2023 | 1 | Dec 19, 2023 | 3 |