AGD vs SMB

Comparison between abrdn Global Dynamic Dividend Fund (AGD, ETF) and VANECK SHORT MUNI ETF (SMB, ETF).

5-Year PerformanceAGD has outperformed SMB, delivering a return of +10.0% compared to +1.1%

AGD vs SMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AGD(ETF)	SMB(ETF)
Net Assets	$313M	$314M
Expense Ratio	N/A	0.07%
Max Drawdown	88.29%	12.64%
Sharpe Ratio	0.74	-0.67
5Y Beta	0.72	0.00
5Y Dividends CAGR	14.12%	14.83%

Net Assets

AGD

$313M

Winner

SMB

$314M

Expense Ratio

AGD

N/A

SMB

0.07%

Max Drawdown

AGD

88.29%

Winner

SMB

12.64%

Sharpe Ratio

Winner

AGD

0.74

SMB

-0.67

5Y Beta

AGD

0.72

Winner

SMB

0.00

5Y Dividends CAGR

AGD

14.12%

Winner

SMB

14.83%

AGD vs SMB - Historical Returns

Returns include dividend reinvestment.

Period	AGD	SMB
1 month	-1.79%	-0.25%
3 months	+2.53%	+0.44%
6 months	+0.79%	+0.53%
1 year	+19.73%	+2.73%
5 years(CAGR)	+10.02%	+1.11%
10 years(CAGR)	+12.82%	+1.46%
Max(CAGR)	+4.54%	+2.02%

AGD

-1.79%

Winner

SMB

-0.25%

Winner

AGD

+2.53%

SMB

+0.44%

Winner

AGD

+0.79%

SMB

+0.53%

Winner

AGD

+19.73%

SMB

+2.73%

5Y(CAGR)

Winner

AGD

+10.02%

SMB

+1.11%

10Y(CAGR)

Winner

AGD

+12.82%

SMB

+1.46%

Max(CAGR)

Winner

AGD

+4.54%

SMB

+2.02%

AGD vs SMB - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	AGD	SMB
2026	+10.06%	+0.48%
2025	+33.99%	+4.55%
2024	+16.99%	+2.47%
2023	+7.01%	+3.14%
2022	-15.93%	-4.35%
2021	+25.32%	+0.06%
2020	+9.35%	+3.36%
2019	+31.56%	+4.48%
2018	-15.45%	+1.75%
2017	+29.62%	+0.69%
2016	+10.30%	-0.39%
2015	-2.57%	+1.20%
2014	+5.57%	+1.09%
2013	+2.55%	+0.53%
2012	+13.73%	+1.47%
2011	-22.93%	+5.37%
2010	-17.13%	+1.32%
2009	+56.50%	+7.86%
2008	-61.97%	+2.14%
2007	+10.39%	N/A
2006	+19.64%	N/A

AGD vs SMB Drawdown Comparison

The maximum drawdown for AGD was -76.23%, occurring on Mar 9, 2009. Recovery took 3450 trading sessions.

The maximum drawdown for SMB was -12.64%, occurring on Mar 19, 2020. Recovery took 65 trading sessions.

The current AGD drawdown is -5.07%. The current SMB drawdown is -0.35%.

Rank	AGD	SMB
#1	-76.23% Jul 19, 2007 - Apr 1, 2021	-12.64% Mar 9, 2020 - Jun 10, 2020
#2	-28.14% Jan 14, 2022 - Jul 12, 2024	-7.48% Jul 20, 2021 - Aug 20, 2024
#3	-20.25% Oct 7, 2025 - Mar 30, 2026	-5.58% Sep 11, 2008 - Jan 6, 2009
#4	-14.97% Feb 19, 2025 - May 2, 2025	-4.11% Aug 26, 2010 - May 17, 2011
#5	-7.71% Feb 6, 2007 - Mar 30, 2007	-4.10% Aug 2, 2016 - Aug 4, 2017
#6	-7.28% Sep 3, 2021 - Nov 16, 2021	-4.07% May 1, 2013 - Feb 14, 2014
#7	-6.77% Jul 16, 2024 - Aug 14, 2024	-3.84% Jan 29, 2009 - May 22, 2009
#8	-6.50% Sep 30, 2024 - Jan 21, 2025	-2.46% Aug 30, 2017 - Dec 24, 2018
#9	-5.84% May 4, 2007 - Jul 3, 2007	-2.37% Apr 10, 2008 - Aug 12, 2008
#10	-5.41% Nov 16, 2021 - Jan 12, 2022	-1.96% Oct 2, 2009 - Nov 27, 2009
#11	-4.98% Dec 28, 2006 - Jan 30, 2007	-1.80% Feb 28, 2025 - May 23, 2025
#12	-4.49% Jun 9, 2021 - Aug 9, 2021	-1.79% Feb 5, 2015 - Oct 16, 2015
#13	-3.85% Aug 23, 2006 - Oct 17, 2006	-1.62% May 22, 2009 - Jul 13, 2009
#14	-3.49% Jul 25, 2025 - Aug 12, 2025	-1.53% Jan 8, 2009 - Jan 12, 2009
#15	-3.01% Aug 30, 2024 - Sep 19, 2024	-1.49% Mar 12, 2010 - May 26, 2010

Correlation

Correlation between AGD and SMB is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (2006 - 2026)

AGD vs SMB dividend yield comparison.

Year	AGD	SMB
2026	5.97%	1.40%
2025	11.41%	2.63%
2024	10.46%	2.38%
2023	8.35%	1.83%
2022	8.25%	1.32%
2021	6.45%	1.24%
2020	7.47%	1.50%
2019	7.50%	1.58%
2018	9.17%	1.49%
2017	7.22%	1.23%
2016	8.89%	1.12%
2015	8.77%	1.13%
2014	7.80%	1.21%
2013	7.65%	1.38%
2012	14.36%	1.64%
2011	13.93%	1.93%
2010	15.88%	2.40%
2009	14.84%	2.38%
2008	28.85%	2.34%
2007	16.02%	0.00%
2006	3.81%	0.00%