IQSM vs DSM

Comparison between NYLI CANDRIAM U.S. MID CAP EQUITY ETF (IQSM, ETF) and BNY Mellon Strategic Municipal Bond Fund Inc (DSM, ETF).

IQSM vs DSM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IQSM(ETF)	DSM(ETF)
Net Assets	$323M	$322M
Expense Ratio	0.15%	N/A
Max Drawdown	24.17%	53.69%
Sharpe Ratio	1.22	1.01
5Y Beta	0.96	0.19
P/E Ratio	29.44	N/A
Forward P/E	17.10	N/A
5Y Dividends CAGR	N/A	-4.00%
5Y EPS CAGR	10.42%	N/A
Debt to Equity	18.78%	N/A
P/S Ratio	1.71	N/A
P/B Ratio	2.94	N/A

Net Assets

Winner

IQSM

$323M

DSM

$322M

Expense Ratio

IQSM

0.15%

DSM

N/A

Max Drawdown

Winner

IQSM

24.17%

DSM

53.69%

Sharpe Ratio

Winner

IQSM

1.22

DSM

1.01

5Y Beta

IQSM

0.96

Winner

DSM

0.19

P/E Ratio

IQSM

29.44

DSM

N/A

Forward P/E

IQSM

17.10

DSM

N/A

5Y Dividends CAGR

IQSM

N/A

DSM

-4.00%

5Y EPS CAGR

IQSM

10.42%

DSM

N/A

Debt to Equity

IQSM

18.78%

DSM

N/A

P/S Ratio

IQSM

1.71

DSM

N/A

P/B Ratio

IQSM

2.94

DSM

N/A

IQSM vs DSM - Historical Returns

Returns include dividend reinvestment.

Period	IQSM	DSM
1 month	+3.67%	+0.10%
3 months	+12.99%	+2.69%
6 months	+11.82%	+4.65%
1 year	+23.46%	+14.60%
5 years(CAGR)	N/A	-1.26%
10 years(CAGR)	N/A	+1.27%
Max(CAGR)	+13.34%	+5.18%

Winner

IQSM

+3.67%

DSM

+0.10%

Winner

IQSM

+12.99%

DSM

+2.69%

Winner

IQSM

+11.82%

DSM

+4.65%

Winner

IQSM

+23.46%

DSM

+14.60%

5Y(CAGR)

IQSM

N/A

DSM

-1.26%

10Y(CAGR)

IQSM

N/A

DSM

+1.27%

Max(CAGR)

Winner

IQSM

+13.34%

DSM

+5.18%

IQSM vs DSM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IQSM	DSM
2026	+11.68%	+1.26%
2025	+8.28%	+10.70%
2024	+9.92%	+4.98%
2023	+16.04%	+3.00%
2022	+2.29%	-27.37%
2021	N/A	+11.90%
2020	N/A	+3.37%
2019	N/A	+18.05%
2018	N/A	-13.10%
2017	N/A	+12.39%
2016	N/A	+4.71%
2015	N/A	+7.30%
2014	N/A	+15.36%
2013	N/A	-16.99%
2012	N/A	+14.93%
2011	N/A	+24.19%
2010	N/A	+5.63%
2009	N/A	+45.32%
2008	N/A	-24.63%
2007	N/A	-13.34%
2006	N/A	+23.72%
2005	N/A	+1.31%
2004	N/A	+4.76%
2003	N/A	+18.37%
2002	N/A	+2.05%
2001	N/A	+3.76%
2000	N/A	+23.02%
1999	N/A	-6.54%

IQSM vs DSM Drawdown Comparison

The maximum drawdown for IQSM was -23.66%, occurring on Apr 8, 2025. Recovery took 260 trading sessions.

The maximum drawdown for DSM was -49.10%, occurring on Oct 10, 2008. Recovery took 691 trading sessions.

The current DSM drawdown is -11.28%.

Rank	IQSM	DSM
#1	-23.66% Nov 25, 2024 - Dec 10, 2025	-49.10% May 4, 2007 - Feb 1, 2010
#2	-16.38% Feb 2, 2023 - Dec 14, 2023	-38.73% Aug 3, 2021 - Oct 25, 2023
#3	-8.86% Feb 26, 2026 - Apr 17, 2026	-31.97% Nov 6, 2019 - May 5, 2021
#4	-8.29% Mar 28, 2024 - Aug 30, 2024	-23.32% Jan 9, 2013 - Dec 21, 2015
#5	-6.87% Dec 2, 2022 - Jan 11, 2023	-17.18% Oct 1, 2010 - Aug 31, 2011
#6	-4.24% Aug 30, 2024 - Sep 17, 2024	-16.59% Aug 2, 2017 - May 9, 2019
#7	-3.98% Dec 28, 2023 - Feb 9, 2024	-16.42% Feb 18, 2004 - Nov 3, 2004
#8	-3.89% Nov 1, 2022 - Nov 10, 2022	-13.68% Jul 8, 2005 - Aug 16, 2006
#9	-3.50% May 6, 2026 - May 26, 2026	-12.71% Sep 30, 2002 - Mar 4, 2003
#10	-3.46% Nov 11, 2024 - Nov 22, 2024	-12.32% Nov 12, 1999 - Jan 28, 2000
#11	-2.80% Apr 20, 2026 - May 6, 2026	-12.03% Aug 13, 2001 - Jul 1, 2002
#12	-2.67% Oct 18, 2024 - Nov 6, 2024	-11.60% Sep 28, 2016 - Jul 12, 2017
#13	-2.65% Jun 4, 2026 - Jun 12, 2026	-11.55% Jun 16, 2003 - Jan 7, 2004
#14	-2.64% Feb 10, 2026 - Feb 26, 2026	-8.87% Jan 28, 2000 - Apr 4, 2000
#15	-2.59% Jan 13, 2023 - Jan 23, 2023	-7.89% Sep 30, 2011 - Dec 6, 2011

Correlation

Correlation between IQSM and DSM is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (1999 - 2026)

IQSM vs DSM dividend yield comparison.

Year	IQSM	DSM
2026	0.21%	2.57%
2025	1.18%	4.07%
2024	1.22%	3.72%
2023	1.11%	4.27%
2022	0.32%	5.95%
2021	0.00%	4.31%
2020	0.00%	4.57%
2019	0.00%	5.19%
2018	0.00%	6.11%
2017	0.00%	5.82%
2016	0.00%	6.19%
2015	0.00%	6.17%
2014	0.00%	7.71%
2013	0.00%	7.68%
2012	0.00%	6.60%
2011	0.00%	6.56%
2010	0.00%	7.22%
2009	0.00%	6.09%
2008	0.00%	8.38%
2007	0.00%	6.37%
2006	0.00%	5.39%
2005	0.00%	7.15%
2004	0.00%	7.19%
2003	0.00%	6.90%
2002	0.00%	6.94%
2001	0.00%	6.67%
2000	0.00%	6.94%
1999	0.00%	1.36%