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PICB vs TBLL

Invesco International Corporate Bond ETF vs Invesco Short Term Treasury ETF

PICB

Invesco International Corporate Bond ETF

Annual cost

0.50%

Fund size

$356M

TBLL

Invesco Short Term Treasury ETF

Annual cost

0.08%

Fund size

$2.5B

Key differences

Both PICB and TBLL are fixed income ETFs. PICB charges 0.50% a year and TBLL 0.08%. The main difference: PICB covers global markets excluding the US; TBLL covers North America.

  • PICB covers global markets excluding the US; TBLL covers North America.
  • TBLL costs 0.42% less per year.
  • TBLL is much larger than PICB. Larger funds are usually more liquid and less likely to close.
  • Over the last three 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

PICBTBLL
Annual cost (TER)0.50%0.08%
Fund size (AUM)$356M$2.5B
Since20102017
Dividend yield3.30%3.81%
Asset classfixed incomefixed income
Regionglobal ex usnorth america
Strategyindex trackingindex tracking
CAGR 1Y+2.0%+3.9%
CAGR 3Y+6.5%+4.7%
CAGR 5Y-2.3%+3.4%
Sharpe 3Y0.362.01
Volatility 1Y7.86%0.19%
Max drawdown-37.15%-0.64%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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