PMBIX vs. MUNI
Compare and contrast key facts about PIMCO Total Return II Fund (PMBIX) and PIMCO Intermediate Municipal Bond Active ETF (MUNI).
PMBIX is managed by PIMCO. It was launched on Dec 30, 1991. MUNI is an actively managed fund by PIMCO. It was launched on Nov 30, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMBIX or MUNI.
Correlation
The correlation between PMBIX and MUNI is 0.50, 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
PMBIX vs. MUNI - Performance Comparison
Key characteristics
PMBIX:
1.02
MUNI:
0.84
PMBIX:
1.48
MUNI:
1.18
PMBIX:
1.18
MUNI:
1.16
PMBIX:
0.32
MUNI:
1.08
PMBIX:
2.88
MUNI:
2.93
PMBIX:
1.86%
MUNI:
0.89%
PMBIX:
5.28%
MUNI:
3.11%
PMBIX:
-22.63%
MUNI:
-11.15%
PMBIX:
-10.69%
MUNI:
-0.78%
Returns By Period
In the year-to-date period, PMBIX achieves a 1.17% return, which is significantly higher than MUNI's 0.77% return. Over the past 10 years, PMBIX has underperformed MUNI with an annualized return of 0.69%, while MUNI has yielded a comparatively higher 2.18% annualized return.
PMBIX
1.17%
0.92%
0.20%
5.62%
-1.18%
0.69%
MUNI
0.77%
0.74%
0.54%
2.60%
1.09%
2.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PMBIX vs. MUNI - Expense Ratio Comparison
PMBIX has a 0.50% expense ratio, which is higher than MUNI's 0.35% expense ratio.
Risk-Adjusted Performance
PMBIX vs. MUNI — Risk-Adjusted Performance Rank
PMBIX
MUNI
PMBIX vs. MUNI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Total Return II Fund (PMBIX) and PIMCO Intermediate Municipal Bond Active ETF (MUNI). 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
PMBIX vs. MUNI - Dividend Comparison
PMBIX's dividend yield for the trailing twelve months is around 3.85%, more than MUNI's 3.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMBIX PIMCO Total Return II Fund | 3.85% | 3.87% | 3.47% | 2.47% | 1.47% | 2.37% | 3.20% | 3.13% | 2.52% | 3.49% | 2.70% | 2.52% |
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% |
Drawdowns
PMBIX vs. MUNI - Drawdown Comparison
The maximum PMBIX drawdown since its inception was -22.63%, which is greater than MUNI's maximum drawdown of -11.15%. Use the drawdown chart below to compare losses from any high point for PMBIX and MUNI. For additional features, visit the drawdowns tool.
Volatility
PMBIX vs. MUNI - Volatility Comparison
PIMCO Total Return II Fund (PMBIX) has a higher volatility of 1.44% compared to PIMCO Intermediate Municipal Bond Active ETF (MUNI) at 1.02%. This indicates that PMBIX's price experiences larger fluctuations and is considered to be riskier than MUNI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.