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