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PICB vs GTO

Invesco International Corporate Bond ETF vs Invesco Total Return Bond ETF

PICB

Invesco International Corporate Bond ETF

Invesco

Annual cost

0.50%

Fund size

$360M

GTO

Invesco Total Return Bond ETF

Invesco

Annual cost

0.35%

Fund size

$2.3B

Key differences

  • GTO costs 0.15% less per year.
  • GTO is significantly larger than PICB — larger funds tend to be more liquid and less likely to close.
  • PICB follows a index tracking strategy; GTO uses active selection.
  • Over the last 3 years, PICB has delivered higher annualized returns.
  • PICB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PICBGTO
Annual cost (TER)0.50%0.35%
Fund size (AUM)$360M$2.3B
Since20102016
Dividend yield3.29%4.75%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+4.5%+6.9%
CAGR 3Y+5.9%+4.7%
CAGR 5Y-2.1%+0.1%
Sharpe 3Y0.300.23
Volatility 1Y7.88%3.47%
Max drawdown-37.15%-20.75%

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

Similar to PICB and GTO