GMNY vs VXUS
Goldman Sachs Dynamic New York Municipal Income ETF vs Vanguard Total International Stock ETF
Quick Verdict
VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.
Side-by-Side Comparison
| Metric | GMNY | VXUS | Winner |
|---|---|---|---|
| Expense Ratio | 0.30% | 0.05% | |
| AUM | $40M | $156.5B | |
| Dividend Yield | 3.28% | 2.60% | |
| Holdings | 178 | 8,747 | |
| YTD Return | +1.14% | +14.19% | |
| 1Y Return | +5.03% | +27.38% | |
| 3Y Return (annualized) | - | +19.53% | |
| 5Y Return (annualized) | - | +9.03% | |
| Volatility (annualized) | 3.3% | 15.1% | |
| Max Drawdown | -4.3% | -39.9% | |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jul 23, 2024 | Jan 26, 2011 |
GMNY vs VXUS Performance
Goldman Sachs Dynamic New York Municipal Income ETF (GMNY) is a ETF from Goldman Sachs Asset Management and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year GMNY returned +5.03% while VXUS returned +27.38%. Year to date, GMNY is up 1.14% versus a gain of 14.19% for VXUS.
Risk: Volatility and Drawdowns
VXUS has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 3.3% for GMNY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -4.3% for GMNY and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GMNY charges 0.30% per year while VXUS charges 0.05%. On a $10,000 position that is $30 vs $5 annually, a gap of $25 per year that compounds over a long holding period. On income, GMNY currently yields 3.28% against 2.60% for VXUS.
Holdings Overlap
GMNY and VXUS share 0 holdings out of 7925 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GMNY or VXUS?
GMNY has an expense ratio of 0.30% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $25 per year of difference.
Which performed better, GMNY or VXUS?
Over the past year GMNY returned +5.03% vs +27.38% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (2 years), GMNY annualized +2.73% vs +4.83% for VXUS. Past performance does not guarantee future results.
Which is riskier, GMNY or VXUS?
VXUS has been the more volatile fund at 15.1% annualized versus 3.3% for GMNY. Worst drawdown: GMNY -4.3% vs VXUS -39.9%.
Should I hold both GMNY and VXUS?
GMNY and VXUS have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GMNY and VXUS?
GMNY and VXUS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 7925 unique securities.
Which pays a higher dividend, GMNY or VXUS?
GMNY yields 3.28% while VXUS yields 2.60%, so GMNY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.