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GINC vs TMB

Goldman Sachs ETF Trust

GINCANYSE Arca

Thornburg Multi Sector Bond ETF

TMBBNasdaq

Overlap

No data

Expense ratio

GINC −0.15pt a year

GINC0.40%TMB0.55%

Avg volume · 30D

TMB 1.6×the volume

GINC53KTMB83.8K

GINC vs TMB Performance

Sep 30, 2026 – Oct 30, 2026

+1.0%GINC+2.0%TMB

Sep 30, 2026 to Oct 30, 2026. GINC +1.0%. TMB +2.0%. Use the arrow keys to read each point.0%0.5%1.5%Sep 30Oct 15Oct 30
Expense ratio
GINC 0.40%, better
TMB 0.55%
Fund size
GINC $212M
TMB $303M
1Y total return
GINC No data
TMB +1.5%
Yield (12M)
GINC No data
TMB 4.30%
Holdings
GINC 491
TMB 658
Avg volume (30D)
GINC 53K sh
TMB 83.8K sh, better
NAV per share
GINC $48.88
TMB $24.83
52W range

ETF.net Grade

GINC: Cost 81, Risk 47, Mission not scored, Tradability 72, Holdings 78, Durability 81. TMB: Cost 63, Risk 59, Mission 86, Tradability 64, Holdings 79, Durability 68.
Pillar letters and Scores for GINC, TMB, with each pillar’s weight
PillarGINCTMB
Cost30% weightA81HigherB63
Mission25% weightNot scoredA86
Risk15% weightC47B59Higher
Tradability15% weightA72HigherB64
Holdings10% weightA78A79Higher
Durability5% weightA81HigherB68

Rank among Multi-Sector Bond Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GINC and TMB are both graded against the same 23 Multi-Sector Bond Income funds, so their Grades compare head to head.

Multi-Sector Bond Income⁠

Category · 23 funds
See all 23 ›

GINC ranks 2nd and TMB 5th of 23 funds in the Multi-Sector Bond Income Category.

  1. Rank 1AVGMSVanguard Multi-Sector Income Bond ETFScore 87
  2. Rank 2AAINPAllspring Income Plus ETFScore 72
  3. Rank 2AGINCGoldman Sachs ETF TrustScore 72
  4. Rank 4AXAGGEaton Vance Strategic Income Opportunities ETFScore 71
  5. Rank 5BTMBThornburg Multi Sector Bond ETFScore 70
  6. Rank 6BMSTIMadison Short Term Strategic Income ETFScore 67

Our read on each fund

ETF.net Research

GINCAGoldman Sachs ETF Trust

TMBBThornburg Multi Sector Bond ETF

In short

GINC No data

TMB Thornburg's veteran bond desk in an ETF wrapper: one actively managed sleeve that roams across sectors, geographies and credit tiers instead of locking you into a single slice of the bond market.

Stated mandate

GINC No data

TMB The Fund seeks total return from income and capital appreciation. Its investment objective may be changed without shareholder approval.

Why people hold it

GINC No data

  • TMB Go-anywhere mandate. Managers shift across sectors, geographies, credit qualities and maturities, including a deliberate slug of non-investment-grade bonds, rather than tracking one fixed slice.thornburg.com
  • Most rivals here are single-sleeve index funds: green bonds (BGRN), agency paper (AGZ), EM local currency (EMLC). TMB is the one hired to pick among all of them.
  • Income arrives monthly, not quarterly, which suits anyone treating a bond sleeve as a paycheck line.
  • The portfolio does what the label says. Holdings match the multi-sector brief closely, and it lands in the stronger half of our bond group on how faithfully it delivers its stated mission.

Worth knowing

GINC No data

  • TMB Active pricing: 0.55% a year, above the typical fund in this bond group. You are paying for the manager's judgment, not an index license.
  • A standing allocation to below-investment-grade bonds means more credit risk than a plain core bond fund, and those bonds tend to wobble when markets get nervous.thornburg.com
  • Launched in 2025, so the track record is short and the asset base still modest. The objective itself can also be changed without a shareholder vote.thornburg.com

Full GINC profile⁠

Full TMB profile⁠

GINC vs TMB Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GINC vs TMB Cost

Overpaying TMB vs GINC

$2,814

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GINC 0.40%

    $8,090

  • TMB 0.55%

    $10,904

$10,000
30 years

Cost over time

  • GINC 0.40%
  • TMB 0.55%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530TMB $10,904GINC $8,090

Year by year

YearGINCTMBOverpaying
10$723$988$265
20$2,793$3,790$997
30$8,090$10,904$2,814

Expense ratio

  • 0.40%GINC, cheaper
  • 0.55%TMB
  • Middle half of Multi-Sector Bond Income funds
  • Median 0.60%

GINC 5th cheapest of 23 funds

TMB 10th cheapest of 23 funds

GINC vs TMB Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
GINC No data
TMB 4.30%
Payout (12M)
GINC No data
TMB $1.07
Last payment
GINC $0.18
TMB $0.09
Ex-dividend
GINC Oct 1, 2026
TMB Oct 29, 2026
Paid on
GINC Oct 7, 2026
TMB Oct 30, 2026
Frequency
GINC Monthly
TMB Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

GINCMonthly · 2 paymentsAll GINC payments⁠
One bar per payment. 2 payments from 2025 to 2026 YTD. Sep 1, 2026 $0.29; Oct 1, 2026 $0.18. Use the arrow keys to read each point.$0$0.252026YTD
TMBMonthly · 21 paymentsAll TMB payments⁠
One bar per payment. 21 payments from 2025 to 2026 YTD. Feb 27, 2025 $0.04; Mar 28, 2025 $0.11; Apr 29, 2025 $0.10; May 29, 2025 $0.09; Jun 27, 2025 $0.09; Jul 30, 2025 $0.09; Aug 28, 2025 $0.09; Sep 29, 2025 $0.08; Oct 30, 2025 $0.10; Nov 26, 2025 $0.08; Dec 30, 2025 $0.17; Jan 29, 2026 $0.02; Feb 26, 2026 $0.08; Mar 30, 2026 $0.07; Apr 29, 2026 $0.10; May 28, 2026 $0.09; Jun 29, 2026 $0.09; Jul 30, 2026 $0.10; Aug 28, 2026 $0.09; Sep 29, 2026 $0.09; Oct 29, 2026 $0.09. Use the arrow keys to read each point.$0$0.252026YTD

GINC vs TMB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GINC No dataTMB 2.9%since Mar 2025
Return per unit of riskSharpe ratio, 3 years
GINC No dataTMB −0.19since Mar 2025
Worst fallMax drawdown, 5 years
GINC No dataTMB −2.7%since Feb 2025
Market sensitivityBeta, 5 years
GINC 0.71TMB 0.05

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