SMB vs GAL

Comparison between VANECK SHORT MUNI ETF (SMB, ETF) and STATE STREET(R) GLOBAL ALLOCATION ETF (GAL, ETF).

5-Year PerformanceGAL has outperformed SMB, delivering a return of +6.5% compared to +1.2%

SMB vs GAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMB(ETF)	GAL(ETF)
Net Assets	$305M	$307M
Expense Ratio	0.07%	0.35%
Max Drawdown	12.64%	28.31%
Sharpe Ratio	0.11	1.42
5Y Beta	0.00	0.53
5Y Dividends CAGR	13.74%	16.76%

Net Assets

SMB

$305M

Winner

GAL

$307M

Expense Ratio

Winner

SMB

0.07%

GAL

0.35%

Max Drawdown

Winner

SMB

12.64%

GAL

28.31%

Sharpe Ratio

SMB

0.11

Winner

GAL

1.42

5Y Beta

Winner

SMB

0.00

GAL

0.53

5Y Dividends CAGR

SMB

13.74%

Winner

GAL

16.76%

SMB vs GAL - Historical Returns

Returns include dividend reinvestment.

Period	SMB	GAL
1 month	+0.58%	-0.15%
3 months	+0.32%	+3.98%
6 months	+1.37%	+7.10%
1 year	+3.78%	+17.54%
5 years(CAGR)	+1.19%	+6.55%
10 years(CAGR)	+1.55%	+8.00%
Max(CAGR)	+2.04%	+7.30%

Winner

SMB

+0.58%

GAL

-0.15%

SMB

+0.32%

Winner

GAL

+3.98%

SMB

+1.37%

Winner

GAL

+7.10%

SMB

+3.78%

Winner

GAL

+17.54%

5Y(CAGR)

SMB

+1.19%

Winner

GAL

+6.55%

10Y(CAGR)

SMB

+1.55%

Winner

GAL

+8.00%

Max(CAGR)

SMB

+2.04%

Winner

GAL

+7.30%

SMB vs GAL - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	SMB	GAL
2026	+0.55%	+6.01%
2025	+4.55%	+16.22%
2024	+2.47%	+10.70%
2023	+3.14%	+13.44%
2022	-4.35%	-13.47%
2021	+0.06%	+12.77%
2020	+3.36%	+8.67%
2019	+4.48%	+18.85%
2018	+1.75%	-8.11%
2017	+0.69%	+17.99%
2016	-0.39%	+3.98%
2015	+1.20%	-2.42%
2014	+1.09%	+6.75%
2013	+0.53%	+11.55%
2012	+1.47%	+5.60%
2011	+5.37%	N/A
2010	+1.32%	N/A
2009	+7.86%	N/A
2008	+2.14%	N/A

SMB vs GAL Drawdown Comparison

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

The maximum drawdown for GAL was -28.31%, occurring on Mar 23, 2020. Recovery took 168 trading sessions.

The current SMB drawdown is -0.19%. The current GAL drawdown is -2.49%.

Rank	SMB	GAL
#1	-12.64% Mar 9, 2020 - Jun 10, 2020	-28.31% Feb 12, 2020 - Oct 12, 2020
#2	-7.48% Jul 20, 2021 - Aug 20, 2024	-21.14% Nov 8, 2021 - Mar 7, 2024
#3	-5.58% Sep 11, 2008 - Jan 6, 2009	-14.96% Jan 26, 2018 - Sep 12, 2019
#4	-4.11% Aug 26, 2010 - May 17, 2011	-13.25% Apr 27, 2015 - Feb 21, 2017
#5	-4.10% Aug 2, 2016 - Aug 4, 2017	-9.12% Feb 18, 2025 - May 13, 2025
#6	-4.07% May 1, 2013 - Feb 14, 2014	-8.02% May 21, 2013 - Sep 18, 2013
#7	-3.84% Jan 29, 2009 - May 22, 2009	-7.48% Apr 27, 2012 - Aug 16, 2012
#8	-2.46% Aug 30, 2017 - Dec 24, 2018	-7.11% Sep 3, 2014 - Jan 26, 2015
#9	-2.37% Apr 10, 2008 - Aug 12, 2008	-6.26% Feb 25, 2026 - Apr 15, 2026
#10	-1.96% Oct 2, 2009 - Nov 27, 2009	-4.96% Jul 16, 2024 - Aug 21, 2024
#11	-1.80% Feb 28, 2025 - May 23, 2025	-4.73% Jan 22, 2014 - Feb 24, 2014
#12	-1.79% Feb 5, 2015 - Oct 16, 2015	-4.70% Oct 12, 2020 - Nov 5, 2020
#13	-1.62% May 22, 2009 - Jul 13, 2009	-4.39% Oct 17, 2012 - Dec 12, 2012
#14	-1.53% Jan 8, 2009 - Jan 12, 2009	-3.69% Dec 6, 2024 - Feb 13, 2025
#15	-1.49% Mar 12, 2010 - May 26, 2010	-3.58% Sep 3, 2021 - Nov 2, 2021

Correlation

Correlation between SMB and GAL is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2008 - 2026)

SMB vs GAL dividend yield comparison.

Year	SMB	GAL
2026	1.13%	0.26%
2025	2.63%	3.47%
2024	2.38%	2.99%
2023	1.83%	2.56%
2022	1.32%	6.19%
2021	1.24%	4.05%
2020	1.50%	2.14%
2019	1.58%	2.96%
2018	1.49%	2.43%
2017	1.23%	2.26%
2016	1.12%	2.43%
2015	1.13%	3.10%
2014	1.21%	3.36%
2013	1.38%	2.50%
2012	1.64%	2.47%
2011	1.93%	0.00%
2010	2.40%	0.00%
2009	2.38%	0.00%
2008	2.34%	0.00%