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INMU vs PVI

iShares Intermediate Muni Income Active ETF vs Invesco Floating Rate Municipal Income ETF

INMU

iShares Intermediate Muni Income Active ETF

Annual cost

0.30%

Fund size

$457M

PVI

Invesco Floating Rate Municipal Income ETF

Annual cost

0.25%

Fund size

$31M

Key differences

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

Side-by-side comparison

INMUPVI
Annual cost (TER)0.30%0.25%
Fund size (AUM)$457M$31M
Since20212007
Dividend yield3.37%2.16%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+7.0%+2.0%
CAGR 3Y+4.9%+2.6%
CAGR 5Y+1.8%+1.9%
Sharpe 3Y0.34-0.40
Volatility 1Y2.51%2.62%
Max drawdown-10.66%-1.16%

Similar to INMU and PVI