GTND vs HTAX

Comparison between GOALTENDER ETF (GTND, ETF) and MACQUARIE NATIONAL HIGH-YIELD MUNICIPAL BOND ETF (HTAX, ETF).

GTND vs HTAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GTND(ETF)	HTAX(ETF)
Net Assets	$57M	$57M
Expense Ratio	0.46%	0.49%
Max Drawdown	5.38%	7.34%
Sharpe Ratio	-0.40	1.00
5Y Beta	1.21	0.02

Net Assets

GTND

$57M

Winner

HTAX

$57M

Expense Ratio

Winner

GTND

0.46%

HTAX

0.49%

Max Drawdown

Winner

GTND

5.38%

HTAX

7.34%

Sharpe Ratio

GTND

-0.40

Winner

HTAX

1.00

5Y Beta

GTND

1.21

Winner

HTAX

0.02

GTND vs HTAX - Historical Returns

Returns include dividend reinvestment.

Period	GTND	HTAX
1 month	-0.41%	+1.18%
3 months	N/A	+2.54%
6 months	N/A	+3.61%
1 year	N/A	+8.06%
Max(CAGR)	-5.06%	+3.90%

GTND

-0.41%

Winner

HTAX

+1.18%

GTND

N/A

HTAX

+2.54%

GTND

N/A

HTAX

+3.61%

GTND

N/A

HTAX

+8.06%

Max(CAGR)

GTND

-5.06%

Winner

HTAX

+3.90%

GTND vs HTAX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	GTND	HTAX
2026	-0.41%	+3.46%
2025	N/A	+1.44%

GTND vs HTAX Drawdown Comparison

The maximum drawdown for GTND was -5.38%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The maximum drawdown for HTAX was -6.10%, occurring on Jul 18, 2025. Recovery took 132 trading sessions.

The current GTND drawdown is -2.75%. The current HTAX drawdown is -0.30%.

Rank	GTND	HTAX
#1	-5.38% Jun 2, 2026 - Jun 10, 2026	-6.10% Mar 10, 2025 - Sep 17, 2025
#2	-2.22% May 14, 2026 - May 26, 2026	-3.06% Feb 27, 2026 - Apr 24, 2026
#3	N/A	-1.69% May 8, 2026 - May 27, 2026
#4	N/A	-0.92% Jan 14, 2026 - Feb 2, 2026
#5	N/A	-0.86% Nov 26, 2025 - Jan 7, 2026
#6	N/A	-0.82% Nov 11, 2025 - Nov 26, 2025
#7	N/A	-0.66% Oct 1, 2025 - Oct 13, 2025
#8	N/A	-0.61% Oct 27, 2025 - Nov 11, 2025
#9	N/A	-0.60% Sep 17, 2025 - Oct 1, 2025
#10	N/A	-0.49% Jun 4, 2026 - Jun 10, 2026
#11	N/A	-0.43% Apr 24, 2026 - May 6, 2026
#12	N/A	-0.36% Feb 19, 2026 - Feb 24, 2026
#13	N/A	-0.26% Jan 7, 2026 - Jan 14, 2026
#14	N/A	-0.19% Feb 5, 2026 - Feb 10, 2026
#15	N/A	-0.14% Oct 22, 2025 - Oct 27, 2025

Correlation

Correlation between GTND and HTAX is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101