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SMMU vs MUB

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund vs iShares National Muni Bond ETF

SMMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

Annual cost

0.35%

Fund size

$1.1B

MUB

iShares National Muni Bond ETF

Annual cost

0.05%

Fund size

$43.7B

Key differences

  • MUB costs 0.30% less per year.
  • MUB is significantly larger than SMMU — larger funds tend to be more liquid and less likely to close.
  • SMMU follows a active selection strategy; MUB uses index tracking.

Side-by-side comparison

SMMUMUB
Annual cost (TER)0.35%0.05%
Fund size (AUM)$1.1B$43.7B
Since20102007
Dividend yield2.79%3.17%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.0%+6.5%
CAGR 3Y+3.8%+3.7%
CAGR 5Y+1.9%+0.9%
Sharpe 3Y0.100.04
Volatility 1Y1.03%2.93%
Max drawdown-5.09%-13.68%

Similar to SMMU and MUB