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MUB vs SMMU

iShares National Muni Bond ETF vs PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

MUB

iShares National Muni Bond ETF

Annual cost

0.05%

Fund size

$43.7B

SMMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

Annual cost

0.35%

Fund size

$1.1B

Key differences

  • MUB costs 0.30% less per year.
  • MUB is significantly larger than SMMU — larger funds tend to be more liquid and less likely to close.
  • MUB follows a index tracking strategy; SMMU uses active selection.

Side-by-side comparison

MUBSMMU
Annual cost (TER)0.05%0.35%
Fund size (AUM)$43.7B$1.1B
Since20072010
Dividend yield3.17%2.79%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+6.5%+4.0%
CAGR 3Y+3.7%+3.8%
CAGR 5Y+0.9%+1.9%
Sharpe 3Y0.040.10
Volatility 1Y2.93%1.03%
Max drawdown-13.68%-5.09%

Similar to MUB and SMMU