SMB vs AGD

Comparison between VANECK SHORT MUNI ETF (SMB, ETF) and abrdn Global Dynamic Dividend Fund (AGD, ETF).

5-Year PerformanceAGD has outperformed SMB, delivering a return of +9.9% compared to +1.1%

SMB vs AGD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMB(ETF)	AGD(ETF)
Net Assets	$314M	$313M
Expense Ratio	0.07%	N/A
Max Drawdown	12.64%	88.29%
Sharpe Ratio	-0.87	0.66
5Y Beta	0.00	0.71
5Y Dividends CAGR	14.83%	14.27%

Net Assets

Winner

SMB

$314M

AGD

$313M

Expense Ratio

SMB

0.07%

AGD

N/A

Max Drawdown

Winner

SMB

12.64%

AGD

88.29%

Sharpe Ratio

SMB

-0.87

Winner

AGD

0.66

5Y Beta

Winner

SMB

0.00

AGD

0.71

5Y Dividends CAGR

Winner

SMB

14.83%

AGD

14.27%

SMB vs AGD - Historical Returns

Returns include dividend reinvestment.

Period	SMB	AGD
1 month	-0.50%	-1.71%
3 months	+0.10%	+3.41%
6 months	+0.19%	+1.18%
1 year	+2.44%	+18.69%
5 years(CAGR)	+1.05%	+9.90%
10 years(CAGR)	+1.42%	+12.73%
Max(CAGR)	+2.00%	+4.52%

Winner

SMB

-0.50%

AGD

-1.71%

SMB

+0.10%

Winner

AGD

+3.41%

SMB

+0.19%

Winner

AGD

+1.18%

SMB

+2.44%

Winner

AGD

+18.69%

5Y(CAGR)

SMB

+1.05%

Winner

AGD

+9.90%

10Y(CAGR)

SMB

+1.42%

Winner

AGD

+12.73%

Max(CAGR)

SMB

+2.00%

Winner

AGD

+4.52%

SMB vs AGD - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	SMB	AGD
2026	+0.19%	+9.79%
2025	+4.55%	+33.99%
2024	+2.47%	+16.99%
2023	+3.14%	+7.01%
2022	-4.35%	-15.93%
2021	+0.06%	+25.32%
2020	+3.36%	+9.35%
2019	+4.48%	+31.56%
2018	+1.75%	-15.45%
2017	+0.69%	+29.62%
2016	-0.39%	+10.30%
2015	+1.20%	-2.57%
2014	+1.09%	+5.57%
2013	+0.53%	+2.55%
2012	+1.47%	+13.73%
2011	+5.37%	-22.93%
2010	+1.32%	-17.13%
2009	+7.86%	+56.50%
2008	+2.14%	-61.97%
2007	N/A	+10.39%
2006	N/A	+19.64%

SMB vs AGD Drawdown Comparison

The maximum drawdown for SMB was -12.64%, occurring on Mar 19, 2020. Recovery took 65 trading sessions.

The maximum drawdown for AGD was -76.23%, occurring on Mar 9, 2009. Recovery took 3450 trading sessions.

The current SMB drawdown is -0.63%. The current AGD drawdown is -5.30%.

Rank	SMB	AGD
#1	-12.64% Mar 9, 2020 - Jun 10, 2020	-76.23% Jul 19, 2007 - Apr 1, 2021
#2	-7.48% Jul 20, 2021 - Aug 20, 2024	-28.14% Jan 14, 2022 - Jul 12, 2024
#3	-5.58% Sep 11, 2008 - Jan 6, 2009	-20.25% Oct 7, 2025 - Mar 30, 2026
#4	-4.11% Aug 26, 2010 - May 17, 2011	-14.97% Feb 19, 2025 - May 2, 2025
#5	-4.10% Aug 2, 2016 - Aug 4, 2017	-7.71% Feb 6, 2007 - Mar 30, 2007
#6	-4.07% May 1, 2013 - Feb 14, 2014	-7.28% Sep 3, 2021 - Nov 16, 2021
#7	-3.84% Jan 29, 2009 - May 22, 2009	-6.77% Jul 16, 2024 - Aug 14, 2024
#8	-2.46% Aug 30, 2017 - Dec 24, 2018	-6.50% Sep 30, 2024 - Jan 21, 2025
#9	-2.37% Apr 10, 2008 - Aug 12, 2008	-5.84% May 4, 2007 - Jul 3, 2007
#10	-1.96% Oct 2, 2009 - Nov 27, 2009	-5.41% Nov 16, 2021 - Jan 12, 2022
#11	-1.80% Feb 28, 2025 - May 23, 2025	-4.98% Dec 28, 2006 - Jan 30, 2007
#12	-1.79% Feb 5, 2015 - Oct 16, 2015	-4.49% Jun 9, 2021 - Aug 9, 2021
#13	-1.62% May 22, 2009 - Jul 13, 2009	-3.85% Aug 23, 2006 - Oct 17, 2006
#14	-1.53% Jan 8, 2009 - Jan 12, 2009	-3.49% Jul 25, 2025 - Aug 12, 2025
#15	-1.49% Mar 12, 2010 - May 26, 2010	-3.01% Aug 30, 2024 - Sep 19, 2024

Correlation

Correlation between SMB and AGD is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (2006 - 2026)

SMB vs AGD dividend yield comparison.

Year	SMB	AGD
2026	1.41%	7.05%
2025	2.63%	11.41%
2024	2.38%	10.46%
2023	1.83%	8.35%
2022	1.32%	8.25%
2021	1.24%	6.45%
2020	1.50%	7.47%
2019	1.58%	7.50%
2018	1.49%	9.17%
2017	1.23%	7.22%
2016	1.12%	8.89%
2015	1.13%	8.77%
2014	1.21%	7.80%
2013	1.38%	7.65%
2012	1.64%	14.36%
2011	1.93%	13.93%
2010	2.40%	15.88%
2009	2.38%	14.84%
2008	2.34%	28.85%
2007	0.00%	16.02%
2006	0.00%	3.81%