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SCMB vs BAB

Schwab Municipal Bond ETF vs Invesco Taxable Municipal Bond ETF

SCMB

Schwab Municipal Bond ETF

Schwab ETFs

Annual cost

0.03%

Fund size

$3.7B

BAB

Invesco Taxable Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$1.0B

Key differences

  • SCMB costs 0.25% less per year.
  • SCMB is significantly larger than BAB — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, BAB has delivered higher annualized returns.
  • BAB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCMBBAB
Annual cost (TER)0.03%0.28%
Fund size (AUM)$3.7B$1.0B
Since20222009
Dividend yield3.41%4.05%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.7%+7.7%
CAGR 3Y+2.8%+4.0%
CAGR 5YN/A-0.4%
Sharpe 3Y-0.170.08
Volatility 1Y2.92%5.97%
Max drawdown-6.13%-27.80%

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

Similar to SCMB and BAB