GMOD vs FMNY
Comparison between GMO DYNAMIC ALLOCATION ETF (GMOD, ETF) and FIRST TRUST NEW YORK MUNICIPAL HIGH INCOME ETF (FMNY, ETF).
GMOD vs FMNY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
GMOD
$39M
Winner
FMNY
$39M
Expense Ratio
GMOD
0.50%
Winner
FMNY
0.49%
Max Drawdown
Winner
GMOD
6.50%
FMNY
18.26%
Sharpe Ratio
Winner
GMOD
1.33
FMNY
1.07
5Y Beta
GMOD
0.58
Winner
FMNY
0.03
GMOD vs FMNY - Historical Returns
Returns include dividend reinvestment.
1M
GMOD
-0.31%
Winner
FMNY
+0.51%
3M
Winner
GMOD
+3.28%
FMNY
+0.28%
6M
Winner
GMOD
+7.73%
FMNY
+2.31%
1Y
GMOD
N/A
FMNY
+7.55%
5Y(CAGR)
GMOD
N/A
FMNY
+0.53%
Max(CAGR)
Winner
GMOD
+16.42%
FMNY
+0.75%
GMOD vs FMNY - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | GMOD | FMNY |
|---|---|---|
| 2026 | +5.72% | +1.92% |
| 2025 | +3.87% | +3.79% |
| 2024 | N/A | +1.79% |
| 2023 | N/A | +6.08% |
| 2022 | N/A | -10.52% |
| 2021 | N/A | +1.60% |
GMOD vs FMNY Drawdown Comparison
The maximum drawdown for GMOD was -6.50%, occurring on Mar 27, 2026. Recovery took 47 trading sessions.
The maximum drawdown for FMNY was -15.90%, occurring on Oct 26, 2022. Recovery took 1090 trading sessions.
The current GMOD drawdown is -1.30%. The current FMNY drawdown is -0.64%.
| Rank | GMOD | FMNY |
|---|---|---|
| #1 | -6.50% Feb 27, 2026 - May 6, 2026 | -15.90% Jul 19, 2021 - Nov 18, 2025 |
| #2 | -2.54% Nov 12, 2025 - Nov 26, 2025 | -2.83% Feb 27, 2026 - Mar 24, 2026 |
| #3 | -1.83% Jun 2, 2026 - Jun 5, 2026 | -0.66% Jun 15, 2021 - Jul 8, 2021 |
| #4 | -1.56% May 6, 2026 - May 26, 2026 | -0.57% Nov 18, 2025 - Jan 5, 2026 |
| #5 | -1.45% Oct 27, 2025 - Nov 12, 2025 | -0.55% Jan 14, 2026 - Feb 3, 2026 |
| #6 | -0.93% Dec 11, 2025 - Dec 22, 2025 | -0.17% Feb 10, 2026 - Feb 17, 2026 |
| #7 | -0.91% Jan 14, 2026 - Jan 22, 2026 | -0.15% May 14, 2021 - May 20, 2021 |
| #8 | -0.53% Jan 29, 2026 - Feb 4, 2026 | -0.15% Jan 7, 2026 - Jan 14, 2026 |
| #9 | -0.44% Feb 20, 2026 - Feb 25, 2026 | -0.13% Jul 12, 2021 - Jul 19, 2021 |
| #10 | -0.44% Feb 11, 2026 - Feb 20, 2026 | -0.12% May 20, 2021 - May 24, 2021 |
| #11 | -0.43% Feb 4, 2026 - Feb 6, 2026 | -0.10% May 24, 2021 - May 27, 2021 |
| #12 | -0.40% Jan 6, 2026 - Jan 9, 2026 | -0.04% Feb 18, 2026 - Feb 23, 2026 |
| #13 | -0.39% Nov 28, 2025 - Dec 3, 2025 | -0.04% Jan 5, 2026 - Jan 7, 2026 |
| #14 | -0.38% Dec 26, 2025 - Jan 2, 2026 | -0.04% Feb 4, 2026 - Feb 6, 2026 |
| #15 | -0.32% Jan 12, 2026 - Jan 14, 2026 | N/A |
Correlation
Correlation between GMOD and FMNY is 0.89 which considered as a strong positive correlation - the stocks tend to move together.
0.89
-101
Dividend Comparison (2021 - 2026)
GMOD vs FMNY dividend yield comparison.
| Year | GMOD | FMNY |
|---|---|---|
| 2026 | 0.00% | 1.56% |
| 2025 | 0.93% | 3.64% |
| 2024 | 0.00% | 3.56% |
| 2023 | 0.00% | 3.25% |
| 2022 | 0.00% | 2.34% |
| 2021 | 0.00% | 0.72% |
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