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PVI vs SUB

Invesco Floating Rate Municipal Income ETF vs iShares Short-Term National Muni Bond ETF

PVI

Invesco Floating Rate Municipal Income ETF

Annual cost

0.25%

Fund size

$31M

SUB

iShares Short-Term National Muni Bond ETF

Annual cost

0.07%

Fund size

$11.1B

Key differences

  • SUB costs 0.18% less per year.
  • SUB is significantly larger than PVI — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

PVISUB
Annual cost (TER)0.25%0.07%
Fund size (AUM)$31M$11.1B
Since20072008
Dividend yield2.16%2.48%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+2.0%+3.1%
CAGR 3Y+2.6%+3.3%
CAGR 5Y+1.9%+1.5%
Sharpe 3Y-0.40-0.20
Volatility 1Y2.62%1.00%
Max drawdown-1.16%-9.46%

Similar to PVI and SUB