FMUB vs GINN
Comparison between FIDELITY MUNICIPAL BOND OPPORTUNITIES ETF (FMUB, ETF) and GOLDMAN SACHS INNOVATE EQUITY ETF (GINN, ETF).
FMUB vs GINN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
FMUB
$212M
Winner
GINN
$213M
Expense Ratio
Winner
FMUB
0.30%
GINN
0.50%
Max Drawdown
Winner
FMUB
2.49%
GINN
41.60%
Sharpe Ratio
Winner
FMUB
1.22
GINN
1.09
5Y Beta
Winner
FMUB
0.05
GINN
1.08
P/E Ratio
FMUB
N/A
GINN
-192.91
Forward P/E
FMUB
N/A
GINN
18.96
5Y EPS CAGR
FMUB
N/A
GINN
20.53%
FMUB vs GINN - Historical Returns
Returns include dividend reinvestment.
1M
FMUB
+1.53%
Winner
GINN
+1.98%
3M
FMUB
+1.33%
Winner
GINN
+11.75%
6M
FMUB
+2.37%
Winner
GINN
+7.25%
1Y
FMUB
+7.29%
Winner
GINN
+22.26%
5Y(CAGR)
FMUB
N/A
GINN
+6.27%
Max(CAGR)
FMUB
+7.45%
Winner
GINN
+9.00%
FMUB vs GINN - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | FMUB | GINN |
|---|---|---|
| 2026 | +2.04% | +5.89% |
| 2025 | +6.63% | +20.08% |
| 2024 | N/A | +20.55% |
| 2023 | N/A | +29.77% |
| 2022 | N/A | -32.92% |
| 2021 | N/A | +11.54% |
| 2020 | N/A | +9.84% |
FMUB vs GINN Drawdown Comparison
The maximum drawdown for FMUB was -2.49%, occurring on Mar 27, 2026. Recovery took 67 trading sessions.
The maximum drawdown for GINN was -41.25%, occurring on Oct 14, 2022. Recovery took 756 trading sessions.
The current GINN drawdown is -3.47%.
| Rank | FMUB | GINN |
|---|---|---|
| #1 | -2.49% Feb 27, 2026 - Jun 4, 2026 | -41.25% Nov 8, 2021 - Nov 11, 2024 |
| #2 | -1.41% Apr 14, 2025 - Jun 12, 2025 | -22.25% Feb 18, 2025 - Jun 26, 2025 |
| #3 | -0.93% Apr 7, 2025 - Apr 11, 2025 | -13.18% Jan 12, 2026 - May 6, 2026 |
| #4 | -0.70% Jul 2, 2025 - Aug 1, 2025 | -12.07% Feb 12, 2021 - Jun 28, 2021 |
| #5 | -0.47% Jan 9, 2026 - Feb 2, 2026 | -8.54% Oct 27, 2025 - Jan 12, 2026 |
| #6 | -0.42% Sep 22, 2025 - Oct 10, 2025 | -8.25% Sep 7, 2021 - Nov 3, 2021 |
| #7 | -0.39% Oct 22, 2025 - Nov 11, 2025 | -6.03% Jun 1, 2026 - Jun 10, 2026 |
| #8 | -0.38% Nov 11, 2025 - Nov 25, 2025 | -5.65% Dec 6, 2024 - Jan 24, 2025 |
| #9 | -0.34% Nov 26, 2025 - Dec 29, 2025 | -4.53% Jun 29, 2021 - Aug 25, 2021 |
| #10 | -0.26% Jun 4, 2026 - Jun 16, 2026 | -3.91% Jul 23, 2025 - Aug 13, 2025 |
| #11 | -0.25% Aug 29, 2025 - Sep 3, 2025 | -3.91% Oct 6, 2025 - Oct 27, 2025 |
| #12 | -0.19% Jun 12, 2025 - Jun 17, 2025 | -3.90% Jan 25, 2021 - Feb 3, 2021 |
| #13 | -0.18% Jun 23, 2025 - Jun 30, 2025 | -3.69% Nov 11, 2024 - Nov 25, 2024 |
| #14 | -0.18% Aug 5, 2025 - Aug 11, 2025 | -2.20% Nov 9, 2020 - Nov 16, 2020 |
| #15 | -0.17% Aug 13, 2025 - Aug 22, 2025 | -2.17% May 14, 2026 - May 21, 2026 |
Correlation
Correlation between FMUB and GINN is 0.88 which considered as a strong positive correlation - the stocks tend to move together.
0.88
-101
Dividend Comparison (2020 - 2026)
FMUB vs GINN dividend yield comparison.
| Year | FMUB | GINN |
|---|---|---|
| 2026 | 1.33% | 0.00% |
| 2025 | 2.63% | 1.26% |
| 2024 | 0.00% | 1.26% |
| 2023 | 0.00% | 1.01% |
| 2022 | 0.00% | 0.69% |
| 2021 | 0.00% | 0.67% |
| 2020 | 0.00% | 0.07% |
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