DSM vs USDX

Comparison between BNY Mellon Strategic Municipal Bond Fund Inc (DSM, ETF) and SGI ENHANCED CORE ETF (USDX, ETF).

DSM vs USDX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DSM(ETF)	USDX(ETF)
Net Assets	$321M	$319M
Expense Ratio	N/A	1.08%
Max Drawdown	53.69%	3.80%
Sharpe Ratio	1.07	1.36
5Y Beta	0.19	0.00
5Y Dividends CAGR	-4.74%	N/A

Net Assets

Winner

DSM

$321M

USDX

$319M

Expense Ratio

DSM

N/A

USDX

1.08%

Max Drawdown

DSM

53.69%

Winner

USDX

3.80%

Sharpe Ratio

DSM

1.07

Winner

USDX

1.36

5Y Beta

DSM

0.19

Winner

USDX

0.00

5Y Dividends CAGR

DSM

-4.74%

USDX

N/A

DSM vs USDX - Historical Returns

Returns include dividend reinvestment.

Period	DSM	USDX
1 month	+0.42%	+0.44%
3 months	+1.29%	+1.72%
6 months	+3.50%	+2.72%
1 year	+14.94%	+6.55%
5 years(CAGR)	-1.46%	N/A
10 years(CAGR)	+1.25%	N/A
Max(CAGR)	+5.15%	+6.84%

DSM

+0.42%

Winner

USDX

+0.44%

DSM

+1.29%

Winner

USDX

+1.72%

Winner

DSM

+3.50%

USDX

+2.72%

Winner

DSM

+14.94%

USDX

+6.55%

5Y(CAGR)

DSM

-1.46%

USDX

N/A

10Y(CAGR)

DSM

+1.25%

USDX

N/A

Max(CAGR)

DSM

+5.15%

Winner

USDX

+6.84%

DSM vs USDX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DSM	USDX
2026	+0.60%	+2.31%
2025	+10.70%	+6.20%
2024	+4.98%	+6.87%
2023	+3.00%	N/A
2022	-27.37%	N/A
2021	+11.90%	N/A
2020	+3.37%	N/A
2019	+18.05%	N/A
2018	-13.10%	N/A
2017	+12.39%	N/A
2016	+4.71%	N/A
2015	+7.30%	N/A
2014	+15.36%	N/A
2013	-16.99%	N/A
2012	+14.93%	N/A
2011	+24.19%	N/A
2010	+5.63%	N/A
2009	+45.32%	N/A
2008	-24.63%	N/A
2007	-13.34%	N/A
2006	+23.72%	N/A
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 USDX Drawdown Comparison

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

The maximum drawdown for USDX was -0.94%, occurring on Jan 27, 2026. Recovery took 22 trading sessions.

The current DSM drawdown is -11.86%. The current USDX drawdown is -0.14%.

Rank	DSM	USDX
#1	-49.10% May 4, 2007 - Feb 1, 2010	-0.94% Jan 21, 2026 - Feb 23, 2026
#2	-38.73% Aug 3, 2021 - Oct 25, 2023	-0.74% Apr 7, 2025 - May 16, 2025
#3	-31.97% Nov 6, 2019 - May 5, 2021	-0.64% May 29, 2026 - Jun 4, 2026
#4	-23.32% Jan 9, 2013 - Dec 21, 2015	-0.35% May 7, 2026 - May 14, 2026
#5	-17.18% Oct 1, 2010 - Aug 31, 2011	-0.31% Apr 30, 2026 - May 7, 2026
#6	-16.59% Aug 2, 2017 - May 9, 2019	-0.29% May 21, 2026 - May 29, 2026
#7	-16.42% Feb 18, 2004 - Nov 3, 2004	-0.26% May 14, 2026 - May 20, 2026
#8	-13.68% Jul 8, 2005 - Aug 16, 2006	-0.24% Jul 1, 2024 - Jul 3, 2024
#9	-12.71% Sep 30, 2002 - Mar 4, 2003	-0.23% Oct 25, 2024 - Nov 4, 2024
#10	-12.32% Nov 12, 1999 - Jan 28, 2000	-0.23% Dec 23, 2024 - Jan 2, 2025
#11	-12.03% Aug 13, 2001 - Jul 1, 2002	-0.21% Jan 15, 2026 - Jan 21, 2026
#12	-11.60% Sep 28, 2016 - Jul 12, 2017	-0.21% Nov 11, 2024 - Nov 14, 2024
#13	-11.55% Jun 16, 2003 - Jan 7, 2004	-0.21% Dec 16, 2024 - Dec 23, 2024
#14	-8.87% Jan 28, 2000 - Apr 4, 2000	-0.19% Jul 10, 2025 - Jul 21, 2025
#15	-7.89% Sep 30, 2011 - Dec 6, 2011	-0.19% Mar 26, 2026 - Mar 30, 2026

Correlation

Correlation between DSM and USDX is 0.77 which considered as a strong positive correlation - the stocks tend to move together.

0.77

-101

Dividend Comparison (1999 - 2026)

DSM vs USDX dividend yield comparison.

Year	DSM	USDX
2026	2.08%	1.67%
2025	4.07%	5.88%
2024	3.72%	4.60%
2023	4.27%	0.00%
2022	5.95%	0.00%
2021	4.31%	0.00%
2020	4.57%	0.00%
2019	5.19%	0.00%
2018	6.11%	0.00%
2017	5.82%	0.00%
2016	6.19%	0.00%
2015	6.17%	0.00%
2014	7.71%	0.00%
2013	7.68%	0.00%
2012	6.60%	0.00%
2011	6.56%	0.00%
2010	7.22%	0.00%
2009	6.09%	0.00%
2008	8.38%	0.00%
2007	6.37%	0.00%
2006	5.39%	0.00%
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%