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PIMCO Short Term Municipal Bond Active ETF (SMMU)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US72201R8741

CUSIP

72201R874

Issuer

PIMCO

Inception Date

Feb 1, 2010

Region

North America (U.S.)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Bond

Expense Ratio

SMMU features an expense ratio of 0.35%, falling within the medium range.


Expense ratio chart for SMMU: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SMMU vs. JMST SMMU vs. MINT SMMU vs. SPHY SMMU vs. FXAIX SMMU vs. QQQ SMMU vs. MUNI SMMU vs. MUB
Popular comparisons:
SMMU vs. JMST SMMU vs. MINT SMMU vs. SPHY SMMU vs. FXAIX SMMU vs. QQQ SMMU vs. MUNI SMMU vs. MUB

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in PIMCO Short Term Municipal Bond Active ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
1.62%
7.29%
SMMU (PIMCO Short Term Municipal Bond Active ETF)
Benchmark (^GSPC)

Returns By Period

PIMCO Short Term Municipal Bond Active ETF had a return of 2.67% year-to-date (YTD) and 3.37% in the last 12 months. Over the past 10 years, PIMCO Short Term Municipal Bond Active ETF had an annualized return of 1.57%, while the S&P 500 had an annualized return of 11.01%, indicating that PIMCO Short Term Municipal Bond Active ETF did not perform as well as the benchmark.


SMMU

YTD

2.67%

1M

0.05%

6M

1.56%

1Y

3.37%

5Y*

1.61%

10Y*

1.57%

^GSPC (Benchmark)

YTD

23.11%

1M

-0.36%

6M

7.02%

1Y

23.15%

5Y*

12.80%

10Y*

11.01%

Monthly Returns

The table below presents the monthly returns of SMMU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.31%-0.04%-0.04%-0.18%0.20%0.71%0.74%0.66%0.60%-0.62%0.54%2.67%
20231.13%-0.77%1.04%0.01%-0.24%0.39%0.30%0.03%-0.75%0.10%2.18%1.45%4.92%
2022-1.10%-0.15%-1.11%-1.12%0.78%-0.15%0.90%-0.82%-1.28%-0.30%1.68%0.24%-2.45%
20210.16%-0.34%0.13%0.27%0.04%0.05%0.21%-0.11%-0.26%-0.04%0.06%0.00%0.17%
20200.55%0.32%-0.73%-0.42%1.31%0.42%0.75%-0.07%0.02%-0.04%0.40%0.32%2.86%
20190.28%0.34%0.82%-0.01%0.55%0.35%0.48%0.39%-0.29%0.22%0.12%0.18%3.47%
20180.02%-0.01%-0.04%-0.11%0.72%0.27%-0.04%0.36%-0.37%0.14%0.20%0.52%1.67%
20171.30%0.05%0.28%0.23%0.52%-0.60%0.47%0.93%-0.15%-0.07%-0.68%0.06%2.34%
20160.42%0.52%-0.23%0.18%-0.06%0.02%0.44%0.15%-0.56%0.14%-1.87%0.16%-0.72%
20150.63%-0.09%-0.01%-0.11%-0.23%0.12%0.56%-0.01%0.07%0.20%-0.03%-0.02%1.09%
20140.30%0.21%-0.21%0.09%0.27%0.01%-0.04%0.18%-0.04%0.11%0.07%-0.38%0.56%
20130.01%0.26%0.10%0.03%-0.14%-0.13%-0.39%-0.15%0.13%0.39%0.19%-0.11%0.17%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 80, SMMU is among the top 20% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of SMMU is 8080
Overall Rank
The Sharpe Ratio Rank of SMMU is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of SMMU is 8181
Sortino Ratio Rank
The Omega Ratio Rank of SMMU is 8383
Omega Ratio Rank
The Calmar Ratio Rank of SMMU is 8484
Calmar Ratio Rank
The Martin Ratio Rank of SMMU is 7777
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for PIMCO Short Term Municipal Bond Active ETF (SMMU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for SMMU, currently valued at 1.91, compared to the broader market0.002.004.001.911.90
The chart of Sortino ratio for SMMU, currently valued at 2.84, compared to the broader market-2.000.002.004.006.008.0010.002.842.54
The chart of Omega ratio for SMMU, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.001.411.35
The chart of Calmar ratio for SMMU, currently valued at 3.31, compared to the broader market0.005.0010.0015.003.312.81
The chart of Martin ratio for SMMU, currently valued at 11.23, compared to the broader market0.0020.0040.0060.0080.00100.0011.2312.39
SMMU
^GSPC

The current PIMCO Short Term Municipal Bond Active ETF Sharpe ratio is 1.91. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of PIMCO Short Term Municipal Bond Active ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.91
1.90
SMMU (PIMCO Short Term Municipal Bond Active ETF)
Benchmark (^GSPC)

Dividends

Dividend History

PIMCO Short Term Municipal Bond Active ETF provided a 3.54% dividend yield over the last twelve months, with an annual payout of $1.77 per share. The fund has been increasing its distributions for 2 consecutive years.


0.50%1.00%1.50%2.00%2.50%3.00%$0.00$0.50$1.00$1.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.77$1.65$0.68$0.31$0.61$0.92$0.86$0.71$0.51$0.45$0.33$0.29

Dividend yield

3.54%3.29%1.37%0.60%1.19%1.82%1.73%1.41%1.03%0.89%0.67%0.57%

Monthly Dividends

The table displays the monthly dividend distributions for PIMCO Short Term Municipal Bond Active ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.12$0.12$0.13$0.13$0.13$0.12$0.12$0.13$0.12$0.14$0.13$1.39
2023$0.00$0.09$0.11$0.12$0.10$0.11$0.13$0.12$0.13$0.13$0.13$0.50$1.65
2022$0.00$0.02$0.03$0.03$0.04$0.04$0.05$0.06$0.07$0.08$0.08$0.20$0.68
2021$0.00$0.04$0.04$0.03$0.03$0.02$0.03$0.02$0.02$0.02$0.02$0.04$0.31
2020$0.00$0.07$0.06$0.06$0.06$0.06$0.06$0.05$0.04$0.04$0.04$0.08$0.61
2019$0.00$0.09$0.09$0.08$0.08$0.08$0.08$0.08$0.07$0.08$0.07$0.14$0.92
2018$0.00$0.06$0.06$0.06$0.07$0.07$0.07$0.07$0.07$0.07$0.08$0.17$0.86
2017$0.00$0.05$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.07$0.06$0.12$0.71
2016$0.00$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.09$0.51
2015$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.00$0.04$0.08$0.45
2014$0.02$0.02$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.04$0.33
2013$0.04$0.04$0.04$0.04$0.03$0.03$0.02$0.01$0.01$0.01$0.01$0.02$0.29

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.57%
-3.58%
SMMU (PIMCO Short Term Municipal Bond Active ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the PIMCO Short Term Municipal Bond Active ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the PIMCO Short Term Municipal Bond Active ETF was 5.08%, occurring on Mar 20, 2020. Recovery took 52 trading sessions.

The current PIMCO Short Term Municipal Bond Active ETF drawdown is 0.57%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-5.08%Mar 10, 20209Mar 20, 202052Jun 4, 202061
-4.76%Aug 4, 2021310Oct 25, 2022271Nov 22, 2023581
-3.53%Sep 1, 201676Dec 19, 201683Apr 21, 2017159
-1.87%Apr 22, 201345Jun 24, 2013172Feb 28, 2014217
-1.43%Sep 30, 201050Dec 14, 201097May 16, 2011147

Volatility

Volatility Chart

The current PIMCO Short Term Municipal Bond Active ETF volatility is 0.50%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.50%
3.64%
SMMU (PIMCO Short Term Municipal Bond Active ETF)
Benchmark (^GSPC)
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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