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DFNM vs GMUN

Dimensional National Municipal Bond ETF vs Goldman Sachs Access Municipal Bond ETF

DFNM

Dimensional National Municipal Bond ETF

Dimensional Fund Advisors

Annual cost

0.17%

Fund size

$2.1B

GMUN

Goldman Sachs Access Municipal Bond ETF

Goldman Sachs

Annual cost

0.08%

Fund size

$10M

Key differences

  • GMUN costs 0.09% less per year.
  • DFNM is significantly larger than GMUN — larger funds tend to be more liquid and less likely to close.
  • DFNM follows a active selection strategy; GMUN uses index tracking.

Side-by-side comparison

DFNMGMUN
Annual cost (TER)0.17%0.08%
Fund size (AUM)$2.1B$10M
Since20212023
Dividend yield2.92%3.07%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.9%+5.7%
CAGR 3Y+3.2%+2.9%
CAGR 5YN/AN/A
Sharpe 3Y-0.16-0.22
Volatility 1Y1.77%2.31%
Max drawdown-6.99%-4.35%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to DFNM and GMUN