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SPMB vs SMMU

State Street SPDR Portfolio Mortgage Backed Bond ETF vs PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

SPMB

State Street SPDR Portfolio Mortgage Backed Bond ETF

State Street Investment Management

Annual cost

0.04%

Fund size

$6.9B

SMMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

PIMCO

Annual cost

0.35%

Fund size

$1.1B

Key differences

  • SPMB costs 0.31% less per year.
  • SPMB is significantly larger than SMMU — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

SPMBSMMU
Annual cost (TER)0.04%0.35%
Fund size (AUM)$6.9B$1.1B
Since20092010
Dividend yield4.04%2.79%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.2%+3.9%
CAGR 3Y+4.0%+3.5%
CAGR 5Y+0.2%+1.9%
Sharpe 3Y0.10-0.06
Volatility 1Y4.28%1.03%
Max drawdown-18.03%-5.09%

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

Similar to SPMB and SMMU