ADME vs GMUB

Comparison between APTUS DRAWDOWN MANAGED EQUITY ETF (ADME, ETF) and GOLDMAN SACHS MUNICIPAL INCOME ETF (GMUB, ETF).

ADME vs GMUB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ADME(ETF)	GMUB(ETF)
Net Assets	$280M	$280M
Expense Ratio	0.79%	0.18%
Max Drawdown	28.73%	4.43%
Sharpe Ratio	1.29	1.15
5Y Beta	0.76	0.01
P/E Ratio	28.17	N/A
Forward P/E	22.37	N/A
PEG Ratio	0.57	N/A
5Y Dividends CAGR	9.93%	N/A
5Y EPS CAGR	25.67%	N/A
Debt to Equity	11.02%	N/A
P/S Ratio	4.25	N/A
P/B Ratio	5.85	N/A

Net Assets

Winner

ADME

$280M

GMUB

$280M

Expense Ratio

ADME

0.79%

Winner

GMUB

0.18%

Max Drawdown

ADME

28.73%

Winner

GMUB

4.43%

Sharpe Ratio

Winner

ADME

1.29

GMUB

1.15

5Y Beta

ADME

0.76

Winner

GMUB

0.01

P/E Ratio

ADME

28.17

GMUB

N/A

Forward P/E

ADME

22.37

GMUB

N/A

PEG Ratio

ADME

0.57

GMUB

N/A

5Y Dividends CAGR

ADME

9.93%

GMUB

N/A

5Y EPS CAGR

ADME

25.67%

GMUB

N/A

Debt to Equity

ADME

11.02%

GMUB

N/A

P/S Ratio

ADME

4.25

GMUB

N/A

P/B Ratio

ADME

5.85

GMUB

N/A

ADME vs GMUB - Historical Returns

Returns include dividend reinvestment.

Period	ADME	GMUB
1 month	+0.07%	+0.52%
3 months	+9.28%	+0.68%
6 months	+7.72%	+2.29%
1 year	+17.68%	+6.70%
5 years(CAGR)	+7.79%	N/A
10 years(CAGR)	+8.91%	N/A
Max(CAGR)	+8.81%	+4.59%

ADME

+0.07%

Winner

GMUB

+0.52%

Winner

ADME

+9.28%

GMUB

+0.68%

Winner

ADME

+7.72%

GMUB

+2.29%

Winner

ADME

+17.68%

GMUB

+6.70%

5Y(CAGR)

ADME

+7.79%

GMUB

N/A

10Y(CAGR)

ADME

+8.91%

GMUB

N/A

Max(CAGR)

Winner

ADME

+8.81%

GMUB

+4.59%

ADME vs GMUB - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	ADME	GMUB
2026	+7.98%	+1.52%
2025	+10.41%	+5.81%
2024	+22.67%	+1.08%
2023	+15.72%	N/A
2022	-21.79%	N/A
2021	+21.95%	N/A
2020	+18.23%	N/A
2019	+9.15%	N/A
2018	-6.62%	N/A
2017	+17.13%	N/A
2016	+3.40%	N/A

ADME vs GMUB Drawdown Comparison

The maximum drawdown for ADME was -27.49%, occurring on Mar 23, 2020. Recovery took 572 trading sessions.

The maximum drawdown for GMUB was -3.28%, occurring on Apr 11, 2025. Recovery took 105 trading sessions.

The current ADME drawdown is -2.44%. The current GMUB drawdown is -0.46%.

Rank	ADME	GMUB
#1	-27.49% Oct 1, 2018 - Jan 8, 2021	-3.28% Mar 3, 2025 - Aug 1, 2025
#2	-23.43% Dec 29, 2021 - Jun 5, 2024	-2.29% Feb 27, 2026 - Mar 27, 2026
#3	-15.67% Jan 23, 2025 - Jul 3, 2025	-1.92% Dec 4, 2024 - Feb 25, 2025
#4	-9.66% Jan 26, 2018 - May 9, 2018	-1.66% Oct 3, 2024 - Nov 29, 2024
#5	-9.37% Jul 11, 2016 - Dec 8, 2016	-0.67% Aug 5, 2024 - Sep 6, 2024
#6	-7.49% Feb 25, 2026 - Apr 15, 2026	-0.45% Nov 24, 2025 - Dec 22, 2025
#7	-7.47% Jun 20, 2018 - Aug 28, 2018	-0.44% Aug 13, 2025 - Aug 29, 2025
#8	-6.93% Mar 1, 2017 - May 25, 2017	-0.41% Jan 14, 2026 - Jan 30, 2026
#9	-6.04% Jul 16, 2024 - Aug 21, 2024	-0.36% Sep 19, 2025 - Oct 8, 2025
#10	-5.51% Feb 12, 2021 - Apr 5, 2021	-0.35% Aug 29, 2025 - Sep 4, 2025
#11	-5.49% Sep 2, 2021 - Oct 25, 2021	-0.34% Oct 27, 2025 - Nov 10, 2025
#12	-4.93% Jul 21, 2017 - Sep 29, 2017	-0.24% Nov 11, 2025 - Nov 24, 2025
#13	-4.49% Oct 28, 2025 - Feb 25, 2026	-0.23% Jan 9, 2026 - Jan 14, 2026
#14	-4.34% Jun 2, 2026 - Jun 10, 2026	-0.20% Feb 26, 2025 - Feb 28, 2025
#15	-4.09% Dec 6, 2024 - Jan 23, 2025	-0.18% Jan 2, 2026 - Jan 7, 2026

Correlation

Correlation between ADME and GMUB is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2016 - 2026)

ADME vs GMUB dividend yield comparison.

Year	ADME	GMUB
2026	0.13%	1.39%
2025	0.38%	3.14%
2024	0.47%	1.46%
2023	0.78%	0.00%
2022	0.73%	0.00%
2021	0.26%	0.00%
2020	0.41%	0.00%
2019	0.70%	0.00%
2018	0.86%	0.00%
2017	0.32%	0.00%
2016	0.69%	0.00%