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SMMU vs NEAR

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

SMMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

Annual cost

0.35%

Fund size

$1.1B

NEAR

iShares Short Duration Bond Active ETF

Annual cost

0.25%

Fund size

$4.3B

Key differences

  • NEAR costs 0.10% less per year.
  • NEAR is significantly larger than SMMU — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, NEAR has delivered higher annualized returns.

Side-by-side comparison

SMMUNEAR
Annual cost (TER)0.35%0.25%
Fund size (AUM)$1.1B$4.3B
Since20102013
Dividend yield2.79%4.48%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+4.0%+4.5%
CAGR 3Y+3.8%+5.7%
CAGR 5Y+1.9%+3.9%
Sharpe 3Y0.101.24
Volatility 1Y1.03%1.37%
Max drawdown-5.09%-9.61%

Similar to SMMU and NEAR