RVNU vs. BSMZ
RVNU (Xtrackers Municipal Infrastructure Revenue Bond ETF) and BSMZ (Invesco BulletShares 2035 Municipal Bond ETF) are both Municipal Bonds funds - RVNU tracks the Solactive Municipal Infrastructure Revenue Bond Index while BSMZ tracks the Invesco BulletShares USD Municipal Bond 2035 Index. Both are passively managed. A 0.61 correlation means they provide meaningful diversification when combined. RVNU charges 0.15%/yr vs 0.18%/yr for BSMZ.
Performance
RVNU vs. BSMZ - Performance Comparison
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Returns By Period
In the year-to-date period, RVNU achieves a 4.58% return, which is significantly higher than BSMZ's 1.84% return.
RVNU
- 1D
- 0.00%
- 1M
- 0.86%
- 6M
- 3.55%
- YTD
- 4.58%
- 1Y
- 10.18%
- 3Y*
- 3.35%
- 5Y*
- -0.33%
- 10Y*
- 1.84%
BSMZ
- 1D
- -0.08%
- 1M
- 0.25%
- 6M
- 1.18%
- YTD
- 1.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RVNU vs. BSMZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RVNU Xtrackers Municipal Infrastructure Revenue Bond ETF | 4.58% | 0.93% |
BSMZ Invesco BulletShares 2035 Municipal Bond ETF | 1.84% | 1.66% |
Correlation
The correlation between RVNU and BSMZ is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025 | 0.61 |
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Return for Risk
RVNU vs. BSMZ — Risk / Return Rank
RVNU
BSMZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RVNU vs. BSMZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) and Invesco BulletShares 2035 Municipal Bond ETF (BSMZ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RVNU | BSMZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.40 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.15 | — | — |
| Martin ratioReturn relative to average drawdown | 14.75 | — | — |
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Drawdowns
RVNU vs. BSMZ - Drawdown Comparison
The maximum RVNU drawdown since its inception was -23.51%, which is greater than BSMZ's maximum drawdown of -3.26%. Use the drawdown chart below to compare losses from any high point for RVNU and BSMZ.
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Drawdown Indicators
| RVNU | BSMZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.51% | -3.26% | -20.25% |
Max Drawdown (1Y)Largest decline over 1 year | -2.46% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -10.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.51% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -23.51% | — | — |
Current DrawdownCurrent decline from peak | -1.99% | -0.84% | -1.15% |
Average DrawdownAverage peak-to-trough decline | -4.96% | -0.66% | -4.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | — | — |
Volatility
RVNU vs. BSMZ - Volatility Comparison
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Volatility by Period
| RVNU | BSMZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.51% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.90% | 3.71% | +1.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.20% | 3.71% | +3.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.24% | 3.71% | +3.53% |
RVNU vs. BSMZ - Expense Ratio Comparison
RVNU has a 0.15% expense ratio, which is lower than BSMZ's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
RVNU vs. BSMZ - Dividend Comparison
RVNU's dividend yield for the trailing twelve months is around 3.52%, more than BSMZ's 2.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSMZ Invesco BulletShares 2035 Municipal Bond ETF | 2.36% | 0.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RVNU Xtrackers Municipal Infrastructure Revenue Bond ETF | 3.52% | 3.46% | 3.06% | 2.79% | 2.81% | 2.18% | 2.43% | 2.75% | 2.76% | 2.49% | 2.72% | 3.01% |
Frequently Asked Questions
RVNU and BSMZ have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RVNU is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RVNU is cheaper with a 0.15% expense ratio, compared with 0.18% for BSMZ.
RVNU has the higher dividend yield at 3.52%, compared with 2.36% for BSMZ.
RVNU tracks Solactive Municipal Infrastructure Revenue Bond Index, while BSMZ tracks Invesco BulletShares USD Municipal Bond 2035 Index. They also come from different issuers: Deutsche Bank and Invesco. Their fees differ too: 0.15% for RVNU and 0.18% for BSMZ.
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