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GTO vs PICB

Invesco Total Return Bond ETF vs Invesco International Corporate Bond ETF

GTO

Invesco Total Return Bond ETF

Invesco

Annual cost

0.35%

Fund size

$2.3B

PICB

Invesco International Corporate Bond ETF

Invesco

Annual cost

0.50%

Fund size

$360M

Key differences

  • GTO costs 0.15% less per year.
  • GTO is significantly larger than PICB — larger funds tend to be more liquid and less likely to close.
  • GTO follows a active selection strategy; PICB uses index tracking.
  • Over the last 3 years, PICB has delivered higher annualized returns.
  • PICB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTOPICB
Annual cost (TER)0.35%0.50%
Fund size (AUM)$2.3B$360M
Since20162010
Dividend yield4.75%3.29%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.9%+4.5%
CAGR 3Y+4.7%+5.9%
CAGR 5Y+0.1%-2.1%
Sharpe 3Y0.230.30
Volatility 1Y3.47%7.88%
Max drawdown-20.75%-37.15%

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

Similar to GTO and PICB