LEO vs GXC

Comparison between BNY Mellon Strategic Municipals Inc (LEO, ETF) and STATE STREET(R) SPDR(R) S&P(R) CHINA ETF (GXC, ETF).

5-Year PerformanceLEO has outperformed GXC, delivering a return of -2.4% compared to -4.1%

LEO vs GXC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LEO(ETF)	GXC(ETF)
Net Assets	$434M	$435M
Expense Ratio	N/A	0.59%
Max Drawdown	54.53%	72.35%
Sharpe Ratio	1.00	-0.10
5Y Beta	0.17	0.63
5Y Dividends CAGR	-6.51%	10.09%

Net Assets

LEO

$434M

Winner

GXC

$435M

Expense Ratio

LEO

N/A

GXC

0.59%

Max Drawdown

Winner

LEO

54.53%

GXC

72.35%

Sharpe Ratio

Winner

LEO

1.00

GXC

-0.10

5Y Beta

Winner

LEO

0.17

GXC

0.63

5Y Dividends CAGR

LEO

-6.51%

Winner

GXC

10.09%

LEO vs GXC - Historical Returns

Returns include dividend reinvestment.

Period	LEO	GXC
1 month	-0.63%	-0.65%
3 months	+0.40%	-7.12%
6 months	+1.47%	-11.94%
1 year	+14.69%	-0.88%
5 years(CAGR)	-2.38%	-4.08%
10 years(CAGR)	+0.99%	+4.37%
Max(CAGR)	+4.79%	+4.80%

Winner

LEO

-0.63%

GXC

-0.65%

Winner

LEO

+0.40%

GXC

-7.12%

Winner

LEO

+1.47%

GXC

-11.94%

Winner

LEO

+14.69%

GXC

-0.88%

5Y(CAGR)

Winner

LEO

-2.38%

GXC

-4.08%

10Y(CAGR)

LEO

+0.99%

Winner

GXC

+4.37%

Max(CAGR)

LEO

+4.79%

Winner

GXC

+4.80%

LEO vs GXC - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	LEO	GXC
2026	+2.00%	-10.14%
2025	+8.40%	+33.32%
2024	+6.40%	+17.35%
2023	-1.05%	-12.72%
2022	-23.74%	-22.44%
2021	+5.05%	-20.17%
2020	+4.86%	+24.40%
2019	+22.72%	+23.80%
2018	-12.42%	-22.33%
2017	+8.83%	+50.45%
2016	+3.50%	+3.99%
2015	+11.03%	-5.28%
2014	+15.50%	+6.92%
2013	-16.60%	+4.82%
2012	+14.70%	+18.04%
2011	+23.10%	-18.05%
2010	+3.15%	+4.63%
2009	+46.92%	+50.80%
2008	-27.48%	-48.22%
2007	-7.07%	+70.08%
2006	+13.96%	N/A
2005	+7.55%	N/A
2004	-7.35%	N/A
2003	+10.84%	N/A
2002	+6.78%	N/A
2001	+22.11%	N/A

LEO vs GXC Drawdown Comparison

The maximum drawdown for LEO was -47.31%, occurring on Oct 10, 2008. Recovery took 671 trading sessions.

The maximum drawdown for GXC was -71.97%, occurring on Oct 27, 2008. Recovery took 1880 trading sessions.

The current LEO drawdown is -17.18%. The current GXC drawdown is -34.32%.

Rank	LEO	GXC
#1	-47.31% May 7, 2007 - Jan 5, 2010	-71.97% Oct 31, 2007 - Apr 22, 2015
#2	-41.48% Aug 27, 2021 - Oct 25, 2023	-60.23% Feb 17, 2021 - Oct 31, 2022
#3	-30.28% Feb 25, 2020 - Feb 5, 2021	-39.71% Apr 27, 2015 - Jul 19, 2017
#4	-23.62% Jan 8, 2013 - Nov 3, 2015	-32.96% Jan 26, 2018 - Jul 8, 2020
#5	-21.68% Jan 21, 2004 - Sep 7, 2005	-16.82% Jul 23, 2007 - Aug 27, 2007
#6	-19.81% Sep 10, 2010 - Oct 12, 2011	-8.76% Oct 17, 2007 - Oct 31, 2007
#7	-17.32% Aug 1, 2017 - Jul 2, 2019	-8.06% Nov 22, 2017 - Jan 2, 2018
#8	-12.16% Jul 8, 2016 - Jul 11, 2017	-7.84% Aug 27, 2007 - Sep 4, 2007
#9	-11.77% Oct 1, 2002 - Apr 29, 2003	-7.45% Sep 1, 2020 - Oct 12, 2020
#10	-11.61% Jun 12, 2003 - Jan 7, 2004	-5.86% Jul 9, 2020 - Aug 24, 2020
#11	-9.85% Aug 28, 2001 - Dec 31, 2001	-5.75% Oct 2, 2007 - Oct 5, 2007
#12	-8.30% Sep 7, 2005 - Mar 29, 2006	-5.60% Jan 25, 2021 - Feb 9, 2021
#13	-6.69% Mar 12, 2012 - May 9, 2012	-4.85% Apr 16, 2007 - May 7, 2007
#14	-6.02% Nov 29, 2012 - Jan 8, 2013	-4.65% May 16, 2007 - Jun 5, 2007
#15	-5.98% Dec 31, 2001 - Apr 5, 2002	-4.58% Nov 27, 2020 - Jan 5, 2021

Correlation

Correlation between LEO and GXC is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2001 - 2026)

LEO vs GXC dividend yield comparison.

Year	LEO	GXC
2026	2.96%	0.75%
2025	4.03%	2.40%
2024	3.77%	2.80%
2023	4.37%	3.70%
2022	5.66%	2.67%
2021	4.84%	1.35%
2020	4.95%	1.04%
2019	4.94%	1.60%
2018	5.96%	2.03%
2017	5.97%	1.84%
2016	6.14%	2.05%
2015	6.04%	2.85%
2014	7.11%	2.11%
2013	7.74%	2.29%
2012	6.16%	2.02%
2011	6.61%	2.09%
2010	7.54%	1.25%
2009	6.32%	0.98%
2008	8.94%	1.78%
2007	6.13%	1.39%
2006	5.03%	0.00%
2005	6.51%	0.00%
2004	7.38%	0.00%
2003	7.32%	0.00%
2002	7.14%	0.00%
2001	5.74%	0.00%