FMUN vs GLDI
Comparison between FIDELITY SYSTEMATIC MUNICIPAL BOND INDEX ETF (FMUN, ETF) and Credit Suisse AG Nassau Branch (GLDI, ETF).
FMUN vs GLDI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FMUN
$178M
GLDI
$178M
Expense Ratio
Winner
FMUN
0.05%
GLDI
0.65%
Max Drawdown
Winner
FMUN
3.22%
GLDI
67.52%
Sharpe Ratio
Winner
FMUN
1.10
GLDI
0.91
5Y Beta
Winner
FMUN
0.07
GLDI
0.13
5Y Dividends CAGR
FMUN
N/A
GLDI
7.82%
FMUN vs GLDI - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FMUN
+0.89%
GLDI
-2.32%
3M
Winner
FMUN
+0.35%
GLDI
-7.24%
6M
Winner
FMUN
+2.16%
GLDI
+1.41%
1Y
FMUN
+7.36%
Winner
GLDI
+18.06%
5Y(CAGR)
FMUN
N/A
GLDI
+10.56%
10Y(CAGR)
FMUN
N/A
GLDI
+8.66%
Max(CAGR)
Winner
FMUN
+5.10%
GLDI
+4.23%
FMUN vs GLDI - Annual Returns (2013 - 2026)
Returns include dividend reinvestment.
| Year | FMUN | GLDI |
|---|---|---|
| 2026 | +1.54% | -0.70% |
| 2025 | +4.25% | +33.40% |
| 2024 | N/A | +17.73% |
| 2023 | N/A | +8.46% |
| 2022 | N/A | -0.29% |
| 2021 | N/A | -4.54% |
| 2020 | N/A | +23.24% |
| 2019 | N/A | +14.24% |
| 2018 | N/A | -1.08% |
| 2017 | N/A | +8.12% |
| 2016 | N/A | -0.44% |
| 2015 | N/A | -6.67% |
| 2014 | N/A | -4.81% |
| 2013 | N/A | -24.04% |
FMUN vs GLDI Drawdown Comparison
The maximum drawdown for FMUN was -3.21%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The maximum drawdown for GLDI was -32.30%, occurring on Dec 2, 2015. Recovery took 1863 trading sessions.
The current FMUN drawdown is -0.73%. The current GLDI drawdown is -9.66%.
| Rank | FMUN | GLDI |
|---|---|---|
| #1 | -3.21% Feb 27, 2026 - Mar 27, 2026 | -32.30% Feb 6, 2013 - Jul 1, 2020 |
| #2 | -2.93% Apr 7, 2025 - Aug 22, 2025 | -14.26% Aug 18, 2020 - Nov 27, 2023 |
| #3 | -0.52% Nov 26, 2025 - Dec 23, 2025 | -13.69% Mar 2, 2026 - Mar 26, 2026 |
| #4 | -0.46% Nov 12, 2025 - Nov 26, 2025 | -5.78% Oct 30, 2024 - Dec 11, 2024 |
| #5 | -0.43% Sep 17, 2025 - Oct 7, 2025 | -3.91% May 20, 2024 - Jul 16, 2024 |
| #6 | -0.37% Jan 16, 2026 - Jan 30, 2026 | -3.71% Oct 20, 2025 - Nov 11, 2025 |
| #7 | -0.34% Aug 29, 2025 - Sep 3, 2025 | -3.64% Dec 11, 2024 - Jan 17, 2025 |
| #8 | -0.26% Nov 4, 2025 - Nov 11, 2025 | -3.46% May 6, 2025 - May 23, 2025 |
| #9 | -0.25% Oct 22, 2025 - Nov 4, 2025 | -3.01% Apr 19, 2024 - May 15, 2024 |
| #10 | -0.13% Dec 29, 2025 - Jan 7, 2026 | -2.89% Feb 24, 2025 - Mar 13, 2025 |
| #11 | -0.11% Aug 22, 2025 - Aug 28, 2025 | -2.76% Feb 1, 2024 - Feb 29, 2024 |
| #12 | -0.11% Feb 10, 2026 - Feb 12, 2026 | -2.76% Jun 13, 2025 - Jul 21, 2025 |
| #13 | -0.06% Feb 5, 2026 - Feb 9, 2026 | -2.38% Jul 22, 2025 - Aug 5, 2025 |
| #14 | -0.05% Sep 11, 2025 - Sep 15, 2025 | -2.32% Dec 27, 2023 - Feb 1, 2024 |
| #15 | -0.04% Feb 13, 2026 - Feb 19, 2026 | -2.26% Dec 1, 2023 - Dec 19, 2023 |
Correlation
Correlation between FMUN and GLDI is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
Dividend Comparison (2013 - 2026)
FMUN vs GLDI dividend yield comparison.
| Year | FMUN | GLDI |
|---|---|---|
| 2026 | 1.35% | 12.04% |
| 2025 | 2.41% | 16.15% |
| 2024 | 0.00% | 10.45% |
| 2023 | 0.00% | 10.02% |
| 2022 | 0.00% | 13.73% |
| 2021 | 0.00% | 10.65% |
| 2020 | 0.00% | 14.25% |
| 2019 | 0.00% | 7.25% |
| 2018 | 0.00% | 5.33% |
| 2017 | 0.00% | 7.77% |
| 2016 | 0.00% | 17.26% |
| 2015 | 0.00% | 10.07% |
| 2014 | 0.00% | 12.35% |
| 2013 | 0.00% | 11.33% |
Select Stocks to Compare
Popular: FMUN vs SPYGLDI vs SPY
More Comparisons
Compare with similar stocks