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SMMU vs SUB

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

SMMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

Annual cost

0.35%

Fund size

$1.1B

SUB

iShares Short-Term National Muni Bond ETF

Annual cost

0.07%

Fund size

$11.1B

Key differences

  • SUB costs 0.28% less per year.
  • SUB is significantly larger than SMMU — larger funds tend to be more liquid and less likely to close.
  • SMMU follows a active selection strategy; SUB uses index tracking.

Side-by-side comparison

SMMUSUB
Annual cost (TER)0.35%0.07%
Fund size (AUM)$1.1B$11.1B
Since20102008
Dividend yield2.79%2.48%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.0%+3.2%
CAGR 3Y+3.8%+3.2%
CAGR 5Y+1.9%+1.5%
Sharpe 3Y0.10-0.23
Volatility 1Y1.03%1.01%
Max drawdown-5.09%-9.46%

Similar to SMMU and SUB