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GTO vs PVI

Invesco Total Return Bond ETF vs Invesco Floating Rate Municipal Income ETF

GTO

Invesco Total Return Bond ETF

Invesco

Annual cost

0.35%

Fund size

$2.3B

PVI

Invesco Floating Rate Municipal Income ETF

Invesco

Annual cost

0.25%

Fund size

$31M

Key differences

  • PVI costs 0.10% less per year.
  • GTO is significantly larger than PVI — larger funds tend to be more liquid and less likely to close.
  • GTO follows a active selection strategy; PVI uses index tracking.
  • Over the last 3 years, GTO has delivered higher annualized returns.
  • PVI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTOPVI
Annual cost (TER)0.35%0.25%
Fund size (AUM)$2.3B$31M
Since20162007
Dividend yield4.75%2.16%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.9%+2.3%
CAGR 3Y+4.7%+2.7%
CAGR 5Y+0.1%+1.9%
Sharpe 3Y0.23-0.34
Volatility 1Y3.47%2.61%
Max drawdown-20.75%-1.16%

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

Similar to GTO and PVI