MUNI vs. SCHR
Compare and contrast key facts about PIMCO Intermediate Municipal Bond Active ETF (MUNI) and Schwab Intermediate-Term U.S. Treasury ETF (SCHR).
MUNI and SCHR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MUNI is an actively managed fund by PIMCO. It was launched on Nov 30, 2009. SCHR is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Treasury (3-10 Y). It was launched on Aug 5, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MUNI or SCHR.
Correlation
The correlation between MUNI and SCHR is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MUNI vs. SCHR - Performance Comparison
Key characteristics
MUNI:
0.97
SCHR:
1.54
MUNI:
1.38
SCHR:
2.30
MUNI:
1.18
SCHR:
1.28
MUNI:
1.31
SCHR:
0.57
MUNI:
3.50
SCHR:
3.67
MUNI:
0.91%
SCHR:
1.94%
MUNI:
3.26%
SCHR:
4.64%
MUNI:
-11.15%
SCHR:
-16.11%
MUNI:
-0.76%
SCHR:
-4.77%
Returns By Period
In the year-to-date period, MUNI achieves a 1.05% return, which is significantly lower than SCHR's 4.23% return. Over the past 10 years, MUNI has outperformed SCHR with an annualized return of 2.18%, while SCHR has yielded a comparatively lower 1.33% annualized return.
MUNI
1.05%
-0.09%
0.06%
3.29%
1.86%
2.18%
SCHR
4.23%
2.06%
2.40%
7.36%
-0.67%
1.33%
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MUNI vs. SCHR - Expense Ratio Comparison
MUNI has a 0.35% expense ratio, which is higher than SCHR's 0.05% expense ratio.
Risk-Adjusted Performance
MUNI vs. SCHR — Risk-Adjusted Performance Rank
MUNI
SCHR
MUNI vs. SCHR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Intermediate Municipal Bond Active ETF (MUNI) and Schwab Intermediate-Term U.S. Treasury ETF (SCHR). 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.
Dividends
MUNI vs. SCHR - Dividend Comparison
MUNI's dividend yield for the trailing twelve months is around 3.42%, less than SCHR's 3.72% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MUNI PIMCO Intermediate Municipal Bond Active ETF | 3.42% | 3.50% | 3.63% | 2.13% | 1.62% | 1.92% | 2.44% | 2.57% | 2.37% | 2.37% | 2.20% | 1.91% |
SCHR Schwab Intermediate-Term U.S. Treasury ETF | 3.72% | 3.77% | 3.16% | 2.02% | 1.00% | 1.62% | 2.31% | 2.11% | 1.65% | 1.45% | 1.56% | 1.44% |
Drawdowns
MUNI vs. SCHR - Drawdown Comparison
The maximum MUNI drawdown since its inception was -11.15%, smaller than the maximum SCHR drawdown of -16.11%. Use the drawdown chart below to compare losses from any high point for MUNI and SCHR. For additional features, visit the drawdowns tool.
Volatility
MUNI vs. SCHR - Volatility Comparison
The current volatility for PIMCO Intermediate Municipal Bond Active ETF (MUNI) is 1.08%, while Schwab Intermediate-Term U.S. Treasury ETF (SCHR) has a volatility of 1.42%. This indicates that MUNI experiences smaller price fluctuations and is considered to be less risky than SCHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.