Goldman Sachs Community Municipal Bond ETF (GMUN) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GMUN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GMUN
GMUN charges 0.15% annually. There are 17 ETFs in the Municipal Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | 0.03% | 47.60B | Aug 2015 | GMUN vs VTEB | |
| Schwab Municipal Bond ETF | 0.03% | 4.00B | Oct 2022 | GMUN vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 183.09M | Jul 2019 | GMUN vs FMUN | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 126.55M | Aug 2025 | GMUN vs TAXS | |
| Northern Trust Intermediate Tax-Exempt Bond ETF | 0.05% | 163.46M | Aug 2025 | GMUN vs TAXI |
Best Risk-Adjusted Alternatives to GMUN
Among 108 ETFs in the Municipal Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2027 Municipal Bond ETF | 98 | 8.64M | Sep 2024 | GMUN vs MYMG | |
| State Street My2026 Municipal Bond ETF | 97 | 8.73M | Sep 2024 | GMUN vs MYMF | |
| Allspring Ultra Short Municipal ETF | 97 | 30.06M | Jul 2025 | GMUN vs AUSM | |
| First Trust Ultra Short Duration Municipal ETF | 97 | 245.94M | Nov 2018 | GMUN vs FUMB | |
| Goldman Sachs Ultra Short Municipal Income ETF | 97 | 38.99M | Jul 2024 | GMUN vs GUMI |
Top Performing GMUN Alternatives (YTD)
Among 137 ETFs in the Municipal Bonds category with YTD return data, the top-performing alternatives shown here go as high as 3.95%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Rareview Tax Advantaged Income ETF | 3.95% | 18.13M | Oct 2020 | GMUN vs RTAI | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 3.92% | 143.84M | Jun 2013 | GMUN vs RVNU | |
| First Trust Flexible Municipal High Income ETF | 3.75% | 20.73M | Sep 2016 | GMUN vs MFLX | |
| T. Rowe Price High Income Municipal ETF | 3.73% | 25.42M | Nov 2025 | GMUN vs THYM | |
| Overlay Shares Municipal Bond ETF | 3.31% | 30.60M | Sep 2019 | GMUN vs OVM |
Lowest Volatility Alternatives to GMUN
Among 141 ETFs in the Municipal Bonds category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 33.31M | Sep 2025 | GMUN vs ZMUN | |
| State Street My2026 Municipal Bond ETF | 0.70% | 8.73M | Sep 2024 | GMUN vs MYMF | |
| iShares Short-Term California Muni Active ETF | 0.71% | 408.07M | Oct 2007 | GMUN vs CALI | |
| Allspring Ultra Short Municipal ETF | 0.75% | 30.06M | Jul 2025 | GMUN vs AUSM | |
| First Trust Ultra Short Duration Municipal ETF | 0.82% | 245.94M | Nov 2018 | GMUN vs FUMB |
Lowest Drawdown Alternatives to GMUN
Among 108 ETFs in the Municipal Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 245.94M | Nov 2018 | GMUN vs FUMB | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.30% | 283.20M | Sep 2019 | GMUN vs BSMQ | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 38.99M | Jul 2024 | GMUN vs GUMI | |
| State Street My2027 Municipal Bond ETF | -0.36% | 8.64M | Sep 2024 | GMUN vs MYMG | |
| iShares iBonds Dec 2026 Term Muni Bond ETF | -0.38% | 581.67M | Apr 2019 | GMUN vs IBMO |
Other ETFs from Goldman Sachs
The 10 most viewed Goldman Sachs ETFs shown here include GPIQ, GPIX, AAAU and span 13 categories. AUM among these funds goes as high as $15B.
Often Compared With GMUN
Investors most often compare GMUN with VOTE, GMUB, PUSH. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare GMUN with Any Fund or Stock
Compare GMUN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GMUN with funds that move differently
Goldman Sachs Community Municipal Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GMUN.
Explore GMUN Diversifiers