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IMTG vs PICB

Invesco Agency MBS ETF vs Invesco International Corporate Bond ETF

IMTG

Invesco Agency MBS ETF

Invesco

Annual cost

0.22%

Fund size

$15M

PICB

Invesco International Corporate Bond ETF

Invesco

Annual cost

0.50%

Fund size

$360M

Key differences

  • IMTG costs 0.28% less per year.
  • PICB is significantly larger than IMTG — larger funds tend to be more liquid and less likely to close.
  • IMTG follows a active selection strategy; PICB uses index tracking.
  • PICB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IMTGPICB
Annual cost (TER)0.22%0.50%
Fund size (AUM)$15M$360M
Since20262010
Dividend yield3.29%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+4.5%
CAGR 3YN/A+5.9%
CAGR 5YN/A-2.1%
Sharpe 3YN/A0.30
Volatility 1Y7.88%
Max drawdown-2.86%-37.15%

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

Similar to IMTG and PICB