DSM vs AGD

Comparison between BNY Mellon Strategic Municipal Bond Fund Inc (DSM, ETF) and abrdn Global Dynamic Dividend Fund (AGD, ETF).

5-Year PerformanceAGD has outperformed DSM, delivering a return of +9.6% compared to -1.3%

DSM vs AGD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DSM(ETF)	AGD(ETF)
Net Assets	$322M	$322M
Max Drawdown	53.69%	88.29%
Sharpe Ratio	1.01	1.08
5Y Beta	0.19	0.70
5Y Dividends CAGR	-4.00%	13.82%

Net Assets

DSM

$322M

Winner

AGD

$322M

Max Drawdown

Winner

DSM

53.69%

AGD

88.29%

Sharpe Ratio

DSM

1.01

Winner

AGD

1.08

5Y Beta

Winner

DSM

0.19

AGD

0.70

5Y Dividends CAGR

DSM

-4.00%

Winner

AGD

13.82%

DSM vs AGD - Historical Returns

Returns include dividend reinvestment.

Period	DSM	AGD
1 month	+0.10%	-2.57%
3 months	+2.69%	+7.99%
6 months	+4.65%	+13.27%
1 year	+14.60%	+28.89%
5 years(CAGR)	-1.26%	+9.59%
10 years(CAGR)	+1.27%	+13.03%
Max(CAGR)	+5.18%	+4.55%

Winner

DSM

+0.10%

AGD

-2.57%

DSM

+2.69%

Winner

AGD

+7.99%

DSM

+4.65%

Winner

AGD

+13.27%

DSM

+14.60%

Winner

AGD

+28.89%

5Y(CAGR)

DSM

-1.26%

Winner

AGD

+9.59%

10Y(CAGR)

DSM

+1.27%

Winner

AGD

+13.03%

Max(CAGR)

Winner

DSM

+5.18%

AGD

+4.55%

DSM vs AGD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DSM	AGD
2026	+1.26%	+9.90%
2025	+10.70%	+33.99%
2024	+4.98%	+16.99%
2023	+3.00%	+7.01%
2022	-27.37%	-15.93%
2021	+11.90%	+25.32%
2020	+3.37%	+9.35%
2019	+18.05%	+31.56%
2018	-13.10%	-15.45%
2017	+12.39%	+29.62%
2016	+4.71%	+10.30%
2015	+7.30%	-2.57%
2014	+15.36%	+5.57%
2013	-16.99%	+2.55%
2012	+14.93%	+13.73%
2011	+24.19%	-22.93%
2010	+5.63%	-17.13%
2009	+45.32%	+56.50%
2008	-24.63%	-61.97%
2007	-13.34%	+10.39%
2006	+23.72%	+19.64%
2005	+1.31%	N/A
2004	+4.76%	N/A
2003	+18.37%	N/A
2002	+2.05%	N/A
2001	+3.76%	N/A
2000	+23.02%	N/A
1999	-6.54%	N/A

DSM vs AGD Drawdown Comparison

The maximum drawdown for DSM was -49.10%, occurring on Oct 10, 2008. Recovery took 691 trading sessions.

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

The current DSM drawdown is -11.28%. The current AGD drawdown is -5.21%.

Rank	DSM	AGD
#1	-49.10% May 4, 2007 - Feb 1, 2010	-76.23% Jul 19, 2007 - Apr 1, 2021
#2	-38.73% Aug 3, 2021 - Oct 25, 2023	-28.14% Jan 14, 2022 - Jul 12, 2024
#3	-31.97% Nov 6, 2019 - May 5, 2021	-20.25% Oct 7, 2025 - Mar 30, 2026
#4	-23.32% Jan 9, 2013 - Dec 21, 2015	-14.97% Feb 19, 2025 - May 2, 2025
#5	-17.18% Oct 1, 2010 - Aug 31, 2011	-7.71% Feb 6, 2007 - Mar 30, 2007
#6	-16.59% Aug 2, 2017 - May 9, 2019	-7.28% Sep 3, 2021 - Nov 16, 2021
#7	-16.42% Feb 18, 2004 - Nov 3, 2004	-6.77% Jul 16, 2024 - Aug 14, 2024
#8	-13.68% Jul 8, 2005 - Aug 16, 2006	-6.50% Sep 30, 2024 - Jan 21, 2025
#9	-12.71% Sep 30, 2002 - Mar 4, 2003	-5.84% May 4, 2007 - Jul 3, 2007
#10	-12.32% Nov 12, 1999 - Jan 28, 2000	-5.41% Nov 16, 2021 - Jan 12, 2022
#11	-12.03% Aug 13, 2001 - Jul 1, 2002	-4.98% Dec 28, 2006 - Jan 30, 2007
#12	-11.60% Sep 28, 2016 - Jul 12, 2017	-4.49% Jun 9, 2021 - Aug 9, 2021
#13	-11.55% Jun 16, 2003 - Jan 7, 2004	-3.85% Aug 23, 2006 - Oct 17, 2006
#14	-8.87% Jan 28, 2000 - Apr 4, 2000	-3.49% Jul 25, 2025 - Aug 12, 2025
#15	-7.89% Sep 30, 2011 - Dec 6, 2011	-3.01% Aug 30, 2024 - Sep 19, 2024

Correlation

Correlation between DSM and AGD is 0.50 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.50

-101

Dividend Comparison (1999 - 2026)

DSM vs AGD dividend yield comparison.

Year	DSM	AGD
2026	2.57%	4.93%
2025	4.07%	11.41%
2024	3.72%	10.46%
2023	4.27%	8.35%
2022	5.95%	8.25%
2021	4.31%	6.45%
2020	4.57%	7.47%
2019	5.19%	7.50%
2018	6.11%	9.17%
2017	5.82%	7.22%
2016	6.19%	8.89%
2015	6.17%	8.77%
2014	7.71%	7.80%
2013	7.68%	7.65%
2012	6.60%	14.36%
2011	6.56%	13.93%
2010	7.22%	15.88%
2009	6.09%	14.84%
2008	8.38%	28.85%
2007	6.37%	16.02%
2006	5.39%	3.81%
2005	7.15%	0.00%
2004	7.19%	0.00%
2003	6.90%	0.00%
2002	6.94%	0.00%
2001	6.67%	0.00%
2000	6.94%	0.00%
1999	1.36%	0.00%