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BOND vs PMBS

PIMCO Active Bond Exchange-Traded Fund vs PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

BOND

PIMCO Active Bond Exchange-Traded Fund

PIMCO

Annual cost

0.54%

Fund size

$7.9B

PMBS

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

PIMCO

Annual cost

0.71%

Fund size

$1.3B

Key differences

  • BOND costs 0.17% less per year.
  • BOND is significantly larger than PMBS — larger funds tend to be more liquid and less likely to close.
  • BOND is classified as fixed income, while PMBS is alternative — different risk/return profiles.
  • BOND follows a active selection strategy; PMBS uses tactical allocation.
  • PMBS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BONDPMBS
Annual cost (TER)0.54%0.71%
Fund size (AUM)$7.9B$1.3B
Since20121997
Dividend yield5.17%4.98%
Asset classfixed incomealternative
Regionnorth america
Strategyactive selectiontactical allocation
CAGR 1Y+7.1%+8.2%
CAGR 3Y+4.7%N/A
CAGR 5Y+0.5%N/A
Sharpe 3Y0.23N/A
Volatility 1Y4.00%4.26%
Max drawdown-19.71%-4.35%

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

Similar to BOND and PMBS