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BOND vs SMMU

PIMCO Active Bond Exchange-Traded Fund vs PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

BOND

PIMCO Active Bond Exchange-Traded Fund

PIMCO

Annual cost

0.54%

Fund size

$7.9B

SMMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

PIMCO

Annual cost

0.35%

Fund size

$1.1B

Key differences

  • SMMU costs 0.19% less per year.
  • BOND is significantly larger than SMMU — larger funds tend to be more liquid and less likely to close.
  • BOND follows a active selection strategy; SMMU uses index tracking.
  • Over the last 3 years, BOND has delivered higher annualized returns.

Side-by-side comparison

BONDSMMU
Annual cost (TER)0.54%0.35%
Fund size (AUM)$7.9B$1.1B
Since20122010
Dividend yield5.17%2.79%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+7.1%+3.9%
CAGR 3Y+4.7%+3.5%
CAGR 5Y+0.5%+1.9%
Sharpe 3Y0.23-0.06
Volatility 1Y4.00%1.03%
Max drawdown-19.71%-5.09%

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

Similar to BOND and SMMU