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TMSF vs PICB

T. Rowe Price Multi-Sector Income ETF vs Invesco International Corporate Bond ETF

TMSF

T. Rowe Price Multi-Sector Income ETF

T. Rowe Price

Annual cost

0.37%

Fund size

$29M

PICB

Invesco International Corporate Bond ETF

Invesco

Annual cost

0.50%

Fund size

$360M

Key differences

  • TMSF costs 0.13% less per year.
  • PICB is significantly larger than TMSF — larger funds tend to be more liquid and less likely to close.
  • PICB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TMSFPICB
Annual cost (TER)0.37%0.50%
Fund size (AUM)$29M$360M
Since20252010
Dividend yield3.29%
Asset classfixed incomefixed income
Region
Strategyindex trackingindex tracking
CAGR 1YN/A+4.5%
CAGR 3YN/A+5.9%
CAGR 5YN/A-2.1%
Sharpe 3YN/A0.30
Volatility 1Y7.88%
Max drawdown-2.28%-37.15%

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

Similar to TMSF and PICB