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MUNI vs. MUB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MUNI and MUB is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.1

Performance

MUNI vs. MUB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Intermediate Municipal Bond Active ETF (MUNI) and iShares National AMT-Free Muni Bond ETF (MUB). The values are adjusted to include any dividend payments, if applicable.

46.00%48.00%50.00%52.00%54.00%56.00%NovemberDecember2025FebruaryMarchApril
47.28%
51.30%
MUNI
MUB

Key characteristics

Sharpe Ratio

MUNI:

0.38

MUB:

0.14

Sortino Ratio

MUNI:

0.53

MUB:

0.21

Omega Ratio

MUNI:

1.08

MUB:

1.03

Calmar Ratio

MUNI:

0.45

MUB:

0.14

Martin Ratio

MUNI:

1.46

MUB:

0.47

Ulcer Index

MUNI:

1.13%

MUB:

1.40%

Daily Std Dev

MUNI:

4.41%

MUB:

4.74%

Max Drawdown

MUNI:

-11.15%

MUB:

-13.68%

Current Drawdown

MUNI:

-2.41%

MUB:

-3.19%

Returns By Period

In the year-to-date period, MUNI achieves a -0.63% return, which is significantly higher than MUB's -1.61% return. Over the past 10 years, MUNI has outperformed MUB with an annualized return of 2.04%, while MUB has yielded a comparatively lower 1.88% annualized return.


MUNI

YTD

-0.63%

1M

-0.62%

6M

-0.46%

1Y

1.91%

5Y*

1.49%

10Y*

2.04%

MUB

YTD

-1.61%

1M

-0.85%

6M

-1.27%

1Y

1.04%

5Y*

1.04%

10Y*

1.88%

*Annualized

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MUNI vs. MUB - Expense Ratio Comparison

MUNI has a 0.35% expense ratio, which is higher than MUB's 0.07% expense ratio.


Expense ratio chart for MUNI: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MUNI: 0.35%
Expense ratio chart for MUB: current value is 0.07%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MUB: 0.07%

Risk-Adjusted Performance

MUNI vs. MUB — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MUNI
The Risk-Adjusted Performance Rank of MUNI is 5050
Overall Rank
The Sharpe Ratio Rank of MUNI is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of MUNI is 4343
Sortino Ratio Rank
The Omega Ratio Rank of MUNI is 4747
Omega Ratio Rank
The Calmar Ratio Rank of MUNI is 5959
Calmar Ratio Rank
The Martin Ratio Rank of MUNI is 5252
Martin Ratio Rank

MUB
The Risk-Adjusted Performance Rank of MUB is 3030
Overall Rank
The Sharpe Ratio Rank of MUB is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of MUB is 2626
Sortino Ratio Rank
The Omega Ratio Rank of MUB is 2626
Omega Ratio Rank
The Calmar Ratio Rank of MUB is 3535
Calmar Ratio Rank
The Martin Ratio Rank of MUB is 3232
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.

MUNI vs. MUB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Intermediate Municipal Bond Active ETF (MUNI) 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.


The chart of Sharpe ratio for MUNI, currently valued at 0.38, compared to the broader market-1.000.001.002.003.004.00
MUNI: 0.38
MUB: 0.14
The chart of Sortino ratio for MUNI, currently valued at 0.53, compared to the broader market-2.000.002.004.006.008.00
MUNI: 0.53
MUB: 0.21
The chart of Omega ratio for MUNI, currently valued at 1.08, compared to the broader market0.501.001.502.00
MUNI: 1.08
MUB: 1.03
The chart of Calmar ratio for MUNI, currently valued at 0.45, compared to the broader market0.002.004.006.008.0010.0012.00
MUNI: 0.45
MUB: 0.14
The chart of Martin ratio for MUNI, currently valued at 1.46, compared to the broader market0.0020.0040.0060.00
MUNI: 1.46
MUB: 0.47

The current MUNI Sharpe Ratio is 0.38, which is higher than the MUB Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of MUNI and MUB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.38
0.14
MUNI
MUB

Dividends

MUNI vs. MUB - Dividend Comparison

MUNI's dividend yield for the trailing twelve months is around 3.48%, more than MUB's 3.12% yield.


TTM20242023202220212020201920182017201620152014
MUNI
PIMCO Intermediate Municipal Bond Active ETF
3.48%3.50%3.63%2.13%1.62%1.92%2.44%2.57%2.37%2.37%2.20%1.91%
MUB
iShares National AMT-Free Muni Bond ETF
3.12%3.01%2.65%2.11%1.81%2.11%2.42%2.46%2.26%2.21%2.51%2.73%

Drawdowns

MUNI vs. MUB - Drawdown Comparison

The maximum MUNI drawdown since its inception was -11.15%, smaller than the maximum MUB drawdown of -13.68%. Use the drawdown chart below to compare losses from any high point for MUNI and MUB. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-2.41%
-3.19%
MUNI
MUB

Volatility

MUNI vs. MUB - Volatility Comparison

PIMCO Intermediate Municipal Bond Active ETF (MUNI) has a higher volatility of 3.23% compared to iShares National AMT-Free Muni Bond ETF (MUB) at 3.06%. This indicates that MUNI's price experiences larger fluctuations and is considered to be riskier than MUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%NovemberDecember2025FebruaryMarchApril
3.23%
3.06%
MUNI
MUB