GSUS vs NVG

Comparison between GOLDMAN SACHS MARKETBETA U.S. EQUITY ETF (GSUS, ETF) and Nuveen AMT-Free Municipal Credit Income Fund (NVG, ETF).

5-Year PerformanceGSUS has outperformed NVG, delivering a return of +13.1% compared to -0.1%

GSUS vs NVG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GSUS(ETF)	NVG(ETF)
Net Assets	$2.70B	$2.70B
Expense Ratio	0.07%	N/A
Max Drawdown	26.37%	47.81%
Sharpe Ratio	2.05	1.04
5Y Beta	0.98	0.22
P/E Ratio	28.89	N/A
Forward P/E	21.98	N/A
PEG Ratio	0.52	N/A
5Y Dividends CAGR	17.19%	2.97%
5Y EPS CAGR	29.27%	N/A
Debt to Equity	38.37%	N/A
P/S Ratio	3.64	N/A
P/B Ratio	5.72	N/A

Net Assets

GSUS

$2.70B

NVG

$2.70B

Expense Ratio

GSUS

0.07%

NVG

N/A

Max Drawdown

Winner

GSUS

26.37%

NVG

47.81%

Sharpe Ratio

Winner

GSUS

2.05

NVG

1.04

5Y Beta

GSUS

0.98

Winner

NVG

0.22

P/E Ratio

GSUS

28.89

NVG

N/A

Forward P/E

GSUS

21.98

NVG

N/A

PEG Ratio

GSUS

0.52

NVG

N/A

5Y Dividends CAGR

Winner

GSUS

17.19%

NVG

2.97%

5Y EPS CAGR

GSUS

29.27%

NVG

N/A

Debt to Equity

GSUS

38.37%

NVG

N/A

P/S Ratio

GSUS

3.64

NVG

N/A

P/B Ratio

GSUS

5.72

NVG

N/A

GSUS vs NVG - Historical Returns

Returns include dividend reinvestment.

Period	GSUS	NVG
1 month	+9.23%	+1.82%
3 months	+6.65%	-1.70%
6 months	+9.97%	+6.10%
1 year	+32.02%	+14.58%
5 years(CAGR)	+13.13%	-0.13%
10 years(CAGR)	N/A	+3.80%
Max(CAGR)	+18.83%	+5.34%

Winner

GSUS

+9.23%

NVG

+1.82%

Winner

GSUS

+6.65%

NVG

-1.70%

Winner

GSUS

+9.97%

NVG

+6.10%

Winner

GSUS

+32.02%

NVG

+14.58%

5Y(CAGR)

Winner

GSUS

+13.13%

NVG

-0.13%

10Y(CAGR)

GSUS

N/A

NVG

+3.80%

Max(CAGR)

Winner

GSUS

+18.83%

NVG

+5.34%

GSUS vs NVG - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	GSUS	NVG
2026	+7.88%	+3.13%
2025	+18.45%	+9.98%
2024	+26.15%	+9.69%
2023	+28.20%	+0.11%
2022	-20.21%	-27.85%
2021	+28.99%	+13.29%
2020	+34.82%	+6.38%
2019	N/A	+23.79%
2018	N/A	-4.20%
2017	N/A	+12.94%
2016	N/A	+5.52%
2015	N/A	+8.10%
2014	N/A	+19.22%
2013	N/A	-15.57%
2012	N/A	+8.01%
2011	N/A	+17.91%
2010	N/A	+1.39%
2009	N/A	+30.55%
2008	N/A	-10.71%
2007	N/A	-6.77%
2006	N/A	+12.48%
2005	N/A	+6.29%
2004	N/A	-0.25%
2003	N/A	+8.76%
2002	N/A	+1.41%

GSUS vs NVG Drawdown Comparison

The maximum drawdown for GSUS was -25.63%, occurring on Oct 12, 2022. Recovery took 492 trading sessions.

The maximum drawdown for NVG was -41.66%, occurring on Oct 10, 2008. Recovery took 577 trading sessions.

The current NVG drawdown is -6.94%.

Rank	GSUS	NVG
#1	-25.63% Dec 29, 2021 - Dec 13, 2023	-41.66% May 11, 2007 - Aug 25, 2009
#2	-19.07% Feb 19, 2025 - Jun 26, 2025	-40.57% Dec 31, 2021 - Oct 25, 2023
#3	-9.66% Sep 2, 2020 - Nov 13, 2020	-26.56% Mar 3, 2020 - Dec 3, 2020
#4	-9.25% Jan 12, 2026 - Apr 15, 2026	-23.03% Nov 30, 2012 - Jan 13, 2015
#5	-8.48% Jul 16, 2024 - Sep 19, 2024	-16.64% Mar 10, 2004 - Feb 3, 2005
#6	-6.32% Jun 8, 2020 - Jul 14, 2020	-15.58% Aug 27, 2010 - Sep 9, 2011
#7	-5.39% Sep 3, 2021 - Oct 20, 2021	-13.96% Aug 12, 2016 - Aug 1, 2017
#8	-5.27% Oct 29, 2025 - Dec 11, 2025	-11.44% Jun 17, 2003 - Jan 12, 2004
#9	-5.26% Mar 27, 2024 - May 14, 2024	-10.73% Jan 8, 2018 - Mar 4, 2019
#10	-5.00% Feb 12, 2021 - Mar 15, 2021	-8.56% Oct 7, 2002 - Mar 11, 2003
#11	-4.37% Dec 6, 2024 - Jan 23, 2025	-8.50% Feb 3, 2005 - May 31, 2005
#12	-4.29% Nov 16, 2021 - Dec 23, 2021	-7.72% Sep 1, 2021 - Dec 31, 2021
#13	-4.09% May 7, 2021 - Jun 4, 2021	-6.58% Feb 8, 2012 - May 11, 2012
#14	-3.34% Jan 21, 2021 - Feb 4, 2021	-6.50% Feb 2, 2015 - Dec 11, 2015
#15	-2.90% Oct 8, 2025 - Oct 24, 2025	-6.41% Apr 28, 2006 - Jul 31, 2006

Correlation

Correlation between GSUS and NVG is 0.30 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.30

-101

Dividend Comparison (2002 - 2026)

GSUS vs NVG dividend yield comparison.

Year	GSUS	NVG
2026	0.27%	2.48%
2025	1.04%	7.49%
2024	1.19%	6.74%
2023	1.32%	4.45%
2022	1.51%	6.18%
2021	1.13%	4.69%
2020	0.78%	5.24%
2019	0.00%	4.94%
2018	0.00%	6.07%
2017	0.00%	5.67%
2016	0.00%	6.17%
2015	0.00%	5.46%
2014	0.00%	5.84%
2013	0.00%	5.71%
2012	0.00%	6.13%
2011	0.00%	5.99%
2010	0.00%	6.20%
2009	0.00%	5.24%
2008	0.00%	6.11%
2007	0.00%	5.44%
2006	0.00%	5.59%
2005	0.00%	6.18%
2004	0.00%	7.45%
2003	0.00%	6.59%
2002	0.00%	2.26%