GRNB vs FMUN
Comparison between VANECK GREEN BOND ETF (GRNB, ETF) and FIDELITY SYSTEMATIC MUNICIPAL BOND INDEX ETF (FMUN, ETF).
GRNB vs FMUN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
GRNB
$181M
FMUN
$181M
Expense Ratio
GRNB
0.20%
Winner
FMUN
0.05%
Max Drawdown
GRNB
21.44%
Winner
FMUN
3.22%
Sharpe Ratio
GRNB
0.31
Winner
FMUN
1.09
5Y Beta
GRNB
0.07
Winner
FMUN
0.07
5Y Dividends CAGR
GRNB
12.75%
FMUN
N/A
GRNB vs FMUN - Historical Returns
Returns include dividend reinvestment.
1M
Winner
GRNB
+0.34%
FMUN
+0.18%
3M
Winner
GRNB
+1.01%
FMUN
+0.72%
6M
GRNB
+0.78%
Winner
FMUN
+1.89%
1Y
GRNB
+4.41%
Winner
FMUN
+6.92%
5Y(CAGR)
GRNB
+0.72%
FMUN
N/A
10Y(CAGR)
GRNB
+2.25%
FMUN
N/A
Max(CAGR)
GRNB
+2.25%
Winner
FMUN
+4.75%
GRNB vs FMUN - Annual Returns (2017 - 2026)
Returns include dividend reinvestment.
| Year | GRNB | FMUN |
|---|---|---|
| 2026 | +0.53% | +1.24% |
| 2025 | +6.97% | +4.25% |
| 2024 | +3.92% | N/A |
| 2023 | +6.98% | N/A |
| 2022 | -11.47% | N/A |
| 2021 | -2.31% | N/A |
| 2020 | +7.80% | N/A |
| 2019 | +5.96% | N/A |
| 2018 | -4.22% | N/A |
| 2017 | +9.87% | N/A |
GRNB vs FMUN Drawdown Comparison
The maximum drawdown for GRNB was -18.08%, occurring on Oct 20, 2022. Recovery took 1158 trading sessions.
The maximum drawdown for FMUN was -3.21%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current GRNB drawdown is -0.45%. The current FMUN drawdown is -1.03%.
| Rank | GRNB | FMUN |
|---|---|---|
| #1 | -18.08% Dec 31, 2020 - Aug 13, 2025 | -3.21% Feb 27, 2026 - Mar 27, 2026 |
| #2 | -7.73% Jan 25, 2018 - Aug 7, 2019 | -2.93% Apr 7, 2025 - Aug 22, 2025 |
| #3 | -7.31% Mar 6, 2020 - Jun 19, 2020 | -0.52% Nov 26, 2025 - Dec 23, 2025 |
| #4 | -2.83% Sep 7, 2017 - Dec 26, 2017 | -0.46% Nov 12, 2025 - Nov 26, 2025 |
| #5 | -2.50% Feb 27, 2026 - Mar 27, 2026 | -0.43% Sep 17, 2025 - Oct 7, 2025 |
| #6 | -2.30% Aug 15, 2019 - Jan 24, 2020 | -0.37% Jan 16, 2026 - Jan 30, 2026 |
| #7 | -1.38% Dec 26, 2017 - Jan 16, 2018 | -0.34% Aug 29, 2025 - Sep 3, 2025 |
| #8 | -1.21% Aug 6, 2020 - Nov 30, 2020 | -0.26% Nov 4, 2025 - Nov 11, 2025 |
| #9 | -1.01% Mar 27, 2017 - Apr 18, 2017 | -0.25% Oct 22, 2025 - Nov 4, 2025 |
| #10 | -1.00% Aug 3, 2017 - Aug 25, 2017 | -0.13% Dec 29, 2025 - Jan 7, 2026 |
| #11 | -0.89% May 2, 2017 - May 16, 2017 | -0.11% Aug 22, 2025 - Aug 28, 2025 |
| #12 | -0.86% Mar 6, 2017 - Mar 15, 2017 | -0.11% Feb 10, 2026 - Feb 12, 2026 |
| #13 | -0.84% Jun 28, 2017 - Jul 14, 2017 | -0.06% Feb 5, 2026 - Feb 9, 2026 |
| #14 | -0.75% Aug 29, 2017 - Sep 7, 2017 | -0.05% Sep 11, 2025 - Sep 15, 2025 |
| #15 | -0.71% Oct 27, 2025 - Nov 28, 2025 | -0.04% Feb 13, 2026 - Feb 19, 2026 |
Correlation
Correlation between GRNB and FMUN is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
0.96
-101
Dividend Comparison (2017 - 2026)
GRNB vs FMUN dividend yield comparison.
| Year | GRNB | FMUN |
|---|---|---|
| 2026 | 1.74% | 1.35% |
| 2025 | 4.18% | 2.41% |
| 2024 | 3.83% | 0.00% |
| 2023 | 3.17% | 0.00% |
| 2022 | 2.60% | 0.00% |
| 2021 | 1.97% | 0.00% |
| 2020 | 2.24% | 0.00% |
| 2019 | 1.79% | 0.00% |
| 2018 | 1.21% | 0.00% |
| 2017 | 1.09% | 0.00% |
Select Stocks to Compare
Popular: GRNB vs SPYFMUN vs SPY
More Comparisons
Compare with similar stocks