GMNY vs TSDD

Comparison between GOLDMAN SACHS DYNAMIC NEW YORK MUNICIPAL INCOME ETF (GMNY, ETF) and GRANITESHARES 2X SHORT TSLA DAILY ETF (TSDD, ETF).

GMNY vs TSDD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GMNY(ETF)	TSDD(ETF)
Net Assets	$39M	$39M
Expense Ratio	0.30%	N/A
Max Drawdown	5.50%	99.07%
Sharpe Ratio	0.94	-0.51
5Y Beta	0.01	-4.57

Net Assets

GMNY

$39M

TSDD

$39M

Expense Ratio

GMNY

0.30%

TSDD

N/A

Max Drawdown

Winner

GMNY

5.50%

TSDD

99.07%

Sharpe Ratio

Winner

GMNY

0.94

TSDD

-0.51

5Y Beta

GMNY

0.01

Winner

TSDD

-4.57

GMNY vs TSDD - Historical Returns

Returns include dividend reinvestment.

Period	GMNY	TSDD
1 month	-0.44%	+5.38%
3 months	+0.35%	-11.60%
6 months	+1.16%	-0.24%
1 year	+6.23%	-56.36%
Max(CAGR)	+3.14%	-72.61%

GMNY

-0.44%

Winner

TSDD

+5.38%

Winner

GMNY

+0.35%

TSDD

-11.60%

Winner

GMNY

+1.16%

TSDD

-0.24%

Winner

GMNY

+6.23%

TSDD

-56.36%

Max(CAGR)

Winner

GMNY

+3.14%

TSDD

-72.61%

GMNY vs TSDD - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	GMNY	TSDD
2026	+1.49%	+1.35%
2025	+3.61%	-77.63%
2024	+0.82%	-89.20%
2023	N/A	-20.07%

GMNY vs TSDD Drawdown Comparison

The maximum drawdown for GMNY was -4.00%, occurring on Apr 11, 2025. Recovery took 135 trading sessions.

The maximum drawdown for TSDD was -99.03%, occurring on Dec 22, 2025. This drawdown has not yet recovered.

The current GMNY drawdown is -0.79%. The current TSDD drawdown is -98.79%.

Rank	GMNY	TSDD
#1	-4.00% Feb 25, 2025 - Sep 9, 2025	-99.03% Apr 22, 2024 - Dec 22, 2025
#2	-2.21% Feb 27, 2026 - Jun 18, 2026	-36.63% Oct 30, 2023 - Jan 25, 2024
#3	-2.12% Dec 4, 2024 - Feb 25, 2025	-27.32% Aug 24, 2023 - Oct 20, 2023
#4	-1.99% Oct 1, 2024 - Dec 2, 2024	-22.33% Feb 5, 2024 - Mar 8, 2024
#5	-0.82% Aug 5, 2024 - Sep 6, 2024	-19.76% Mar 14, 2024 - Apr 16, 2024
#6	-0.79% Jul 6, 2026 - Jul 21, 2026	-10.53% Jan 25, 2024 - Feb 5, 2024
#7	-0.45% Sep 16, 2025 - Oct 10, 2025	-3.20% Mar 8, 2024 - Mar 13, 2024
#8	-0.41% Jan 16, 2026 - Feb 2, 2026	-3.10% Oct 20, 2023 - Oct 26, 2023
#9	-0.33% Nov 11, 2025 - Nov 18, 2025	-2.58% Aug 22, 2023 - Aug 24, 2023
#10	-0.27% Oct 28, 2025 - Nov 10, 2025	-0.87% Oct 26, 2023 - Oct 30, 2023
#11	-0.24% Nov 18, 2025 - Dec 16, 2025	N/A
#12	-0.20% Sep 16, 2024 - Sep 27, 2024	N/A
#13	-0.14% Jun 18, 2026 - Jun 24, 2026	N/A
#14	-0.13% Oct 24, 2025 - Oct 28, 2025	N/A
#15	-0.08% Jun 29, 2026 - Jul 2, 2026	N/A

Correlation

Correlation between GMNY and TSDD is -0.51 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.51

-101