GUMI vs NJNK
Comparison between GOLDMAN SACHS ULTRA SHORT MUNICIPAL INCOME ETF (GUMI, ETF) and COLUMBIA U.S. HIGH YIELD ETF (NJNK, ETF).
GUMI vs NJNK - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
GUMI
$39M
NJNK
$39M
Expense Ratio
Winner
GUMI
0.16%
NJNK
0.46%
Max Drawdown
Winner
GUMI
0.63%
NJNK
6.24%
Sharpe Ratio
GUMI
-0.61
Winner
NJNK
0.48
5Y Beta
Winner
GUMI
-0.00
NJNK
0.22
GUMI vs NJNK - Historical Returns
Returns include dividend reinvestment.
1M
Winner
GUMI
+0.34%
NJNK
+0.25%
3M
Winner
GUMI
+0.82%
NJNK
+0.60%
6M
GUMI
+1.31%
Winner
NJNK
+1.39%
1Y
GUMI
+2.95%
Winner
NJNK
+5.52%
Max(CAGR)
GUMI
+3.29%
Winner
NJNK
+6.05%
GUMI vs NJNK - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | GUMI | NJNK |
|---|---|---|
| 2026 | +1.59% | +1.69% |
| 2025 | +3.37% | +8.95% |
| 2024 | +1.52% | +0.62% |
GUMI vs NJNK Drawdown Comparison
The maximum drawdown for GUMI was -0.48%, occurring on Apr 11, 2025. Recovery took 23 trading sessions.
The maximum drawdown for NJNK was -4.48%, occurring on Apr 8, 2025. Recovery took 50 trading sessions.
The current NJNK drawdown is -0.37%.
| Rank | GUMI | NJNK |
|---|---|---|
| #1 | -0.48% Apr 7, 2025 - May 9, 2025 | -4.48% Feb 28, 2025 - May 12, 2025 |
| #2 | -0.36% Nov 18, 2025 - Dec 1, 2025 | -2.64% Feb 20, 2026 - Apr 14, 2026 |
| #3 | -0.27% Sep 29, 2025 - Oct 7, 2025 | -1.64% Dec 6, 2024 - Jan 21, 2025 |
| #4 | -0.25% Oct 7, 2025 - Nov 10, 2025 | -1.36% Oct 27, 2025 - Dec 3, 2025 |
| #5 | -0.22% Sep 12, 2025 - Sep 29, 2025 | -1.32% Sep 22, 2025 - Oct 20, 2025 |
| #6 | -0.18% Jul 21, 2025 - Aug 1, 2025 | -1.26% Apr 20, 2026 - May 29, 2026 |
| #7 | -0.16% Oct 11, 2024 - Nov 4, 2024 | -1.18% Sep 24, 2024 - Nov 8, 2024 |
| #8 | -0.16% Jun 12, 2025 - Jun 26, 2025 | -0.75% May 13, 2025 - May 29, 2025 |
| #9 | -0.15% Aug 14, 2025 - Aug 19, 2025 | -0.69% Jul 3, 2025 - Jul 22, 2025 |
| #10 | -0.13% Nov 12, 2024 - Nov 21, 2024 | -0.60% Jul 6, 2026 - Jul 13, 2026 |
| #11 | -0.12% Dec 11, 2025 - Dec 17, 2025 | -0.60% Nov 8, 2024 - Nov 25, 2024 |
| #12 | -0.12% Mar 20, 2025 - Apr 1, 2025 | -0.59% Sep 8, 2025 - Sep 18, 2025 |
| #13 | -0.12% Jul 16, 2025 - Jul 21, 2025 | -0.50% Dec 3, 2025 - Dec 23, 2025 |
| #14 | -0.12% Aug 22, 2025 - Aug 27, 2025 | -0.50% Feb 5, 2025 - Feb 14, 2025 |
| #15 | -0.12% Jul 6, 2026 - Jul 16, 2026 | -0.49% May 29, 2026 - Jun 15, 2026 |
Correlation
Correlation between GUMI and NJNK is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
Dividend Comparison (2024 - 2026)
GUMI vs NJNK dividend yield comparison.
| Year | GUMI | NJNK |
|---|---|---|
| 2026 | 1.33% | 3.03% |
| 2025 | 2.95% | 6.34% |
| 2024 | 1.37% | 2.05% |
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