GMNY vs FMNY
Comparison between GOLDMAN SACHS DYNAMIC NEW YORK MUNICIPAL INCOME ETF (GMNY, ETF) and FIRST TRUST NEW YORK MUNICIPAL HIGH INCOME ETF (FMNY, ETF).
GMNY vs FMNY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
GMNY vs FMNY - Historical Returns
Returns include dividend reinvestment.
GMNY vs FMNY - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | GMNY | FMNY |
|---|---|---|
| 2026 | +0.76% | +0.63% |
| 2025 | +3.61% | +3.79% |
| 2024 | +0.82% | +1.79% |
| 2023 | N/A | +6.08% |
| 2022 | N/A | -10.52% |
| 2021 | N/A | +1.60% |
GMNY vs FMNY Drawdown Comparison
The maximum drawdown for GMNY was -4.00%, occurring on Apr 11, 2025. Recovery took 135 trading sessions.
The maximum drawdown for FMNY was -15.90%, occurring on Oct 26, 2022. Recovery took 1090 trading sessions.
The current GMNY drawdown is -1.50%. The current FMNY drawdown is -1.98%.
| Rank | GMNY | FMNY |
|---|---|---|
| #1 | -4.00% Feb 25, 2025 - Sep 9, 2025 | -15.90% Jul 19, 2021 - Nov 18, 2025 |
| #2 | -2.21% Feb 27, 2026 - Jun 18, 2026 | -2.83% Feb 27, 2026 - Jun 30, 2026 |
| #3 | -2.12% Dec 4, 2024 - Feb 25, 2025 | -1.98% Jun 30, 2026 - Jul 23, 2026 |
| #4 | -1.99% Oct 1, 2024 - Dec 2, 2024 | -0.66% Jun 15, 2021 - Jul 8, 2021 |
| #5 | -1.50% Jul 6, 2026 - Jul 23, 2026 | -0.57% Nov 18, 2025 - Jan 5, 2026 |
| #6 | -0.82% Aug 5, 2024 - Sep 6, 2024 | -0.55% Jan 14, 2026 - Feb 3, 2026 |
| #7 | -0.45% Sep 16, 2025 - Oct 10, 2025 | -0.17% Feb 10, 2026 - Feb 17, 2026 |
| #8 | -0.41% Jan 16, 2026 - Feb 2, 2026 | -0.15% May 14, 2021 - May 20, 2021 |
| #9 | -0.33% Nov 11, 2025 - Nov 18, 2025 | -0.15% Jan 7, 2026 - Jan 14, 2026 |
| #10 | -0.27% Oct 28, 2025 - Nov 10, 2025 | -0.13% Jul 12, 2021 - Jul 19, 2021 |
| #11 | -0.24% Nov 18, 2025 - Dec 16, 2025 | -0.12% May 20, 2021 - May 24, 2021 |
| #12 | -0.20% Sep 16, 2024 - Sep 27, 2024 | -0.10% May 24, 2021 - May 27, 2021 |
| #13 | -0.14% Jun 18, 2026 - Jun 24, 2026 | -0.04% Feb 18, 2026 - Feb 23, 2026 |
| #14 | -0.13% Oct 24, 2025 - Oct 28, 2025 | -0.04% Jan 5, 2026 - Jan 7, 2026 |
| #15 | -0.08% Jun 29, 2026 - Jul 2, 2026 | -0.04% Feb 4, 2026 - Feb 6, 2026 |
Correlation
Correlation between GMNY and FMNY is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (2021 - 2026)
GMNY vs FMNY dividend yield comparison.
| Year | GMNY | FMNY |
|---|---|---|
| 2026 | 1.73% | 2.23% |
| 2025 | 3.33% | 3.64% |
| 2024 | 1.47% | 3.56% |
| 2023 | 0.00% | 3.25% |
| 2022 | 0.00% | 2.34% |
| 2021 | 0.00% | 0.72% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks