BSMR vs. MUB
Compare and contrast key facts about Invesco BulletShares 2027 Municipal Bond ETF (BSMR) and iShares National AMT-Free Muni Bond ETF (MUB).
BSMR and MUB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSMR is a passively managed fund by Invesco that tracks the performance of the Invesco BulletShares Municipal Bond 2027 Index. It was launched on Sep 25, 2019. MUB is a passively managed fund by iShares that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Sep 7, 2007. Both BSMR and MUB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSMR or MUB.
Correlation
The correlation between BSMR and MUB is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BSMR vs. MUB - Performance Comparison
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Key characteristics
BSMR:
0.68
MUB:
0.09
BSMR:
0.97
MUB:
0.14
BSMR:
1.14
MUB:
1.02
BSMR:
0.41
MUB:
0.08
BSMR:
3.10
MUB:
0.27
BSMR:
0.72%
MUB:
1.50%
BSMR:
3.24%
MUB:
4.76%
BSMR:
-13.49%
MUB:
-13.68%
BSMR:
-2.53%
MUB:
-2.68%
Returns By Period
In the year-to-date period, BSMR achieves a 0.20% return, which is significantly higher than MUB's -1.09% return.
BSMR
0.20%
1.37%
0.03%
2.14%
1.37%
N/A
MUB
-1.09%
1.56%
-1.43%
0.68%
0.87%
2.00%
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BSMR vs. MUB - Expense Ratio Comparison
BSMR has a 0.18% expense ratio, which is higher than MUB's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BSMR vs. MUB — Risk-Adjusted Performance Rank
BSMR
MUB
BSMR vs. MUB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2027 Municipal Bond ETF (BSMR) and iShares National AMT-Free Muni Bond ETF (MUB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
BSMR vs. MUB - Dividend Comparison
BSMR's dividend yield for the trailing twelve months is around 2.82%, less than MUB's 3.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSMR Invesco BulletShares 2027 Municipal Bond ETF | 2.82% | 2.78% | 2.72% | 1.40% | 1.00% | 1.49% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MUB iShares National AMT-Free Muni Bond ETF | 3.14% | 3.01% | 2.65% | 2.11% | 1.81% | 2.11% | 2.42% | 2.46% | 2.26% | 2.21% | 2.51% | 2.73% |
Drawdowns
BSMR vs. MUB - Drawdown Comparison
The maximum BSMR drawdown since its inception was -13.49%, roughly equal to the maximum MUB drawdown of -13.68%. Use the drawdown chart below to compare losses from any high point for BSMR and MUB. For additional features, visit the drawdowns tool.
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Volatility
BSMR vs. MUB - Volatility Comparison
The current volatility for Invesco BulletShares 2027 Municipal Bond ETF (BSMR) is 1.37%, while iShares National AMT-Free Muni Bond ETF (MUB) has a volatility of 1.63%. This indicates that BSMR experiences smaller price fluctuations and is considered to be less risky than MUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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