Skip to content
Beacon
Screener

PVI vs SMMU

Invesco Floating Rate Municipal Income ETF vs PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

PVI

Invesco Floating Rate Municipal Income ETF

Annual cost

0.25%

Fund size

$31M

SMMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

Annual cost

0.35%

Fund size

$1.1B

Key differences

  • PVI costs 0.10% less per year.
  • SMMU is significantly larger than PVI — larger funds tend to be more liquid and less likely to close.
  • PVI follows a index tracking strategy; SMMU uses active selection.
  • Over the last 3 years, SMMU has delivered higher annualized returns.

Side-by-side comparison

PVISMMU
Annual cost (TER)0.25%0.35%
Fund size (AUM)$31M$1.1B
Since20072010
Dividend yield2.16%2.79%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+2.0%+4.0%
CAGR 3Y+2.6%+3.8%
CAGR 5Y+1.9%+1.9%
Sharpe 3Y-0.400.10
Volatility 1Y2.62%1.03%
Max drawdown-1.16%-5.09%

Similar to PVI and SMMU