GSIE vs CGMU

Comparison between GOLDMAN SACHS ACTIVEBETA(R) INTERNATIONAL EQUITY ETF (GSIE, ETF) and CAPITAL GROUP MUNICIPAL INCOME ETF SHARE CLASS (CGMU, ETF).

GSIE vs CGMU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GSIE(ETF)	CGMU(ETF)
Net Assets	$5.60B	$5.80B
Expense Ratio	0.25%	0.27%
Max Drawdown	37.19%	6.04%
Sharpe Ratio	1.30	1.09
5Y Beta	0.74	0.03
5Y Dividends CAGR	15.13%	N/A

Net Assets

GSIE

$5.60B

Winner

CGMU

$5.80B

Expense Ratio

Winner

GSIE

0.25%

CGMU

0.27%

Max Drawdown

GSIE

37.19%

Winner

CGMU

6.04%

Sharpe Ratio

Winner

GSIE

1.30

CGMU

1.09

5Y Beta

GSIE

0.74

Winner

CGMU

0.03

5Y Dividends CAGR

GSIE

15.13%

CGMU

N/A

GSIE vs CGMU - Historical Returns

Returns include dividend reinvestment.

Period	GSIE	CGMU
1 month	+0.26%	-0.07%
3 months	-0.60%	-1.01%
6 months	+9.97%	+1.29%
1 year	+23.22%	+6.26%
5 years(CAGR)	+9.05%	N/A
10 years(CAGR)	+9.43%	N/A
Max(CAGR)	+8.71%	+5.64%

Winner

GSIE

+0.26%

CGMU

-0.07%

Winner

GSIE

-0.60%

CGMU

-1.01%

Winner

GSIE

+9.97%

CGMU

+1.29%

Winner

GSIE

+23.22%

CGMU

+6.26%

5Y(CAGR)

GSIE

+9.05%

CGMU

N/A

10Y(CAGR)

GSIE

+9.43%

CGMU

N/A

Max(CAGR)

Winner

GSIE

+8.71%

CGMU

+5.64%

GSIE vs CGMU - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	GSIE	CGMU
2026	+5.83%	+0.75%
2025	+32.91%	+5.11%
2024	+6.22%	+2.75%
2023	+16.45%	+6.64%
2022	-16.18%	+4.53%
2021	+12.49%	N/A
2020	+6.65%	N/A
2019	+22.83%	N/A
2018	-13.81%	N/A
2017	+26.00%	N/A
2016	+3.80%	N/A
2015	-1.73%	N/A

GSIE vs CGMU Drawdown Comparison

The maximum drawdown for GSIE was -34.63%, occurring on Mar 23, 2020. Recovery took 210 trading sessions.

The maximum drawdown for CGMU was -4.11%, occurring on Oct 31, 2023. Recovery took 159 trading sessions.

The current GSIE drawdown is -2.07%. The current CGMU drawdown is -1.45%.

Rank	GSIE	CGMU
#1	-34.63% Jan 17, 2020 - Nov 16, 2020	-4.11% Apr 12, 2023 - Nov 28, 2023
#2	-30.00% Sep 3, 2021 - Mar 7, 2024	-3.61% Feb 28, 2025 - Sep 3, 2025
#3	-21.16% Jan 26, 2018 - Dec 27, 2019	-2.60% Feb 2, 2023 - Apr 6, 2023
#4	-13.07% Mar 19, 2025 - Apr 28, 2025	-2.55% Feb 27, 2026 - Mar 26, 2026
#5	-13.06% Dec 1, 2015 - Apr 19, 2016	-2.46% Oct 1, 2024 - Dec 4, 2024
#6	-10.76% Feb 26, 2026 - Mar 20, 2026	-1.92% Dec 6, 2024 - Feb 25, 2025
#7	-9.62% Jun 23, 2016 - Aug 11, 2016	-1.22% May 15, 2024 - Jun 12, 2024
#8	-9.00% Sep 26, 2024 - Mar 5, 2025	-1.21% Mar 8, 2024 - May 15, 2024
#9	-6.81% Jul 12, 2024 - Aug 19, 2024	-1.06% Dec 15, 2022 - Jan 9, 2023
#10	-6.80% Sep 22, 2016 - Jan 25, 2017	-0.97% Dec 27, 2023 - Jan 31, 2024
#11	-6.45% Jun 8, 2016 - Jun 23, 2016	-0.96% Feb 1, 2024 - Mar 8, 2024
#12	-5.21% Nov 12, 2025 - Dec 10, 2025	-0.66% Sep 17, 2025 - Oct 13, 2025
#13	-4.77% Mar 27, 2024 - May 9, 2024	-0.62% Aug 2, 2024 - Aug 23, 2024
#14	-4.69% Jun 15, 2021 - Aug 11, 2021	-0.61% Jun 14, 2024 - Jul 5, 2024
#15	-4.53% Apr 20, 2016 - Jun 7, 2016	-0.40% Nov 11, 2025 - Dec 22, 2025

Correlation

Correlation between GSIE and CGMU is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2015 - 2026)

GSIE vs CGMU dividend yield comparison.

Year	GSIE	CGMU
2026	0.31%	1.12%
2025	2.65%	3.32%
2024	3.11%	3.21%
2023	2.87%	3.08%
2022	3.01%	0.49%
2021	2.40%	0.00%
2020	1.60%	0.00%
2019	2.80%	0.00%
2018	2.68%	0.00%
2017	2.31%	0.00%
2016	2.15%	0.00%
2015	0.13%	0.00%