Goldman Sachs Ultra Short Municipal Income ETF (GUMI) Alternatives
Goldman Sachs Ultra Short Municipal Income ETF (GUMI) 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 GUMI. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to GUMI
GUMI charges 0.16% annually. Among ETFs in the Municipal Bonds category, these options have the lowest expense ratios among GUMI alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | Oct 11, 2022 | GUMI vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | Jul 11, 2019 | GUMI vs FMUN | |
| Vanguard Tax-Exempt Bond ETF | 0.05% | Aug 21, 2015 | GUMI vs VTEB | |
| Vanguard Short-Term Tax-Exempt Bond ETF Shares | 0.07% | Mar 8, 2023 | GUMI vs VTES | |
| Xtrackers California Municipal Bond ETF | 0.07% | Dec 13, 2023 | GUMI vs CA |
Best Risk-Adjusted Alternatives to GUMI
Among ETFs in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | 97 | Nov 1, 2018 | GUMI vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 96 | Mar 3, 2015 | GUMI vs MEAR | |
| iShares Short-Term California Muni Active ETF | 95 | Oct 4, 2007 | GUMI vs CALI | |
| PGIM Ultra Short Municipal Bond ETF | 95 | Jun 24, 2024 | GUMI vs PUSH | |
| Bondbloxx IR+M Tax-Aware Short Duration ETF | 93 | Mar 14, 2024 | GUMI vs TAXX |
Top Performing GUMI Alternatives (YTD)
GUMI alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Overlay Shares Municipal Bond ETF | 1.60% | Sep 30, 2019 | GUMI vs OVM | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 1.36% | Jun 4, 2013 | GUMI vs RVNU | |
| X-Square Municipal Income Tax Free ETF | 0.90% | May 18, 2023 | GUMI vs ZTAX | |
| SPDR Nuveen Bloomberg Barclays High Yield Municipa... | 0.82% | Apr 13, 2011 | GUMI vs HYMB | |
| First Trust Ultra Short Duration Municipal ETF | 0.69% | Nov 1, 2018 | GUMI vs FUMB |
Lowest Volatility Alternatives to GUMI
GUMI alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Muni Bond ETF | 0.00% | Mar 20, 2018 | GUMI vs IBMM | |
| First Trust Ultra Short Duration Municipal ETF | 1.03% | Nov 1, 2018 | GUMI vs FUMB | |
| iShares Short-Term California Muni Active ETF | 1.09% | Oct 4, 2007 | GUMI vs CALI | |
| abrdn Ultra Short Municipal Income Active ETF | 1.11% | Oct 20, 2025 | GUMI vs AMUN | |
| iShares Short Maturity Municipal Bond ETF | 1.16% | Mar 3, 2015 | GUMI vs MEAR |
Lowest Drawdown Alternatives to GUMI
GUMI alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.60% | Nov 1, 2018 | GUMI vs FUMB | |
| iShares Short-Term California Muni Active ETF | -0.78% | Oct 4, 2007 | GUMI vs CALI | |
| PGIM Ultra Short Municipal Bond ETF | -0.85% | Jun 24, 2024 | GUMI vs PUSH | |
| iShares Short Maturity Municipal Bond ETF | -0.86% | Mar 3, 2015 | GUMI vs MEAR | |
| Bondbloxx IR+M Tax-Aware Short Duration ETF | -0.91% | Mar 14, 2024 | GUMI vs TAXX |
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Often Compared With GUMI
What investors most often compare with GUMI, based on PortfoliosLab usage data.
Compare GUMI with Any Fund or Stock
Compare GUMI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.