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TBLL vs PICB

Invesco Short Term Treasury ETF vs Invesco International Corporate Bond ETF

TBLL

Invesco Short Term Treasury ETF

Annual cost

0.08%

Fund size

$2.5B

PICB

Invesco International Corporate Bond ETF

Annual cost

0.50%

Fund size

$356M

Key differences

Both TBLL and PICB are fixed income ETFs. TBLL charges 0.08% a year and PICB 0.50%. The main difference: TBLL covers North America; PICB covers global markets excluding the US.

  • TBLL covers North America; PICB covers global markets excluding the US.
  • TBLL costs 0.42% less per year.
  • TBLL is much larger than PICB. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, PICB has delivered higher annualized returns.
  • PICB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TBLLPICB
Annual cost (TER)0.08%0.50%
Fund size (AUM)$2.5B$356M
Since20172010
Dividend yield3.81%3.30%
Asset classfixed incomefixed income
Regionnorth americaglobal ex us
Strategyindex trackingindex tracking
CAGR 1Y+3.9%+2.0%
CAGR 3Y+4.7%+6.5%
CAGR 5Y+3.4%-2.3%
Sharpe 3Y2.010.36
Volatility 1Y0.19%7.86%
Max drawdown-0.64%-37.15%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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