HTAX vs GTND

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

HTAX vs GTND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

HTAX

$57M

GTND

$57M

Expense Ratio

HTAX

0.49%

Winner

GTND

0.46%

Max Drawdown

HTAX

7.34%

Winner

GTND

5.38%

Sharpe Ratio

Winner

HTAX

1.00

GTND

-0.40

5Y Beta

Winner

HTAX

0.02

GTND

1.21

HTAX vs GTND - Historical Returns

Returns include dividend reinvestment.

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

Winner

HTAX

+1.18%

GTND

-0.41%

HTAX

+2.54%

GTND

N/A

HTAX

+3.61%

GTND

N/A

HTAX

+8.06%

GTND

N/A

Max(CAGR)

Winner

HTAX

+3.90%

GTND

-5.06%

HTAX vs GTND - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

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

HTAX vs GTND Drawdown Comparison

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

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

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

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

Correlation

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

-1.00

-101