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PHYL vs PMIO

PGIM Active High Yield Bond ETF vs PGIM Municipal Income Opportunities ETF

PHYL

PGIM Active High Yield Bond ETF

Annual cost

0.39%

Fund size

$1.3B

PMIO

PGIM Municipal Income Opportunities ETF

Annual cost

0.25%

Fund size

$44M

Key differences

  • PMIO costs 0.14% less per year.
  • PHYL is significantly larger than PMIO — larger funds tend to be more liquid and less likely to close.
  • PHYL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PHYLPMIO
Annual cost (TER)0.39%0.25%
Fund size (AUM)$1.3B$44M
Since20182024
Dividend yield7.71%4.33%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+8.3%+6.5%
CAGR 3Y+9.5%N/A
CAGR 5Y+4.3%N/A
Sharpe 3Y1.21N/A
Volatility 1Y3.26%2.26%
Max drawdown-22.07%-3.38%

Similar to PHYL and PMIO