SMMU vs. FTHI
Compare and contrast key facts about PIMCO Short Term Municipal Bond Active ETF (SMMU) and First Trust BuyWrite Income ETF (FTHI).
SMMU and FTHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMMU is an actively managed fund by PIMCO. It was launched on Feb 1, 2010. FTHI is an actively managed fund by First Trust. It was launched on Jan 6, 2014.
Performance
SMMU vs. FTHI - Performance Comparison
Loading graphics...
SMMU vs. FTHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMMU PIMCO Short Term Municipal Bond Active ETF | 0.49% | 4.06% | 2.68% | 4.39% | -2.45% | 0.17% | 2.87% | 3.47% | 1.51% | 2.34% |
FTHI First Trust BuyWrite Income ETF | -0.61% | 11.03% | 19.02% | 20.72% | -4.37% | 13.95% | -7.13% | 18.16% | -9.72% | 14.41% |
Returns By Period
In the year-to-date period, SMMU achieves a 0.49% return, which is significantly higher than FTHI's -0.61% return. Over the past 10 years, SMMU has underperformed FTHI with an annualized return of 1.80%, while FTHI has yielded a comparatively higher 7.99% annualized return.
SMMU
- 1D
- 0.08%
- 1M
- -0.63%
- YTD
- 0.49%
- 6M
- 1.19%
- 1Y
- 3.72%
- 3Y*
- 3.41%
- 5Y*
- 1.85%
- 10Y*
- 1.80%
FTHI
- 1D
- 2.23%
- 1M
- -2.30%
- YTD
- -0.61%
- 6M
- 1.27%
- 1Y
- 14.85%
- 3Y*
- 14.15%
- 5Y*
- 10.18%
- 10Y*
- 7.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SMMU vs. FTHI - Expense Ratio Comparison
SMMU has a 0.35% expense ratio, which is lower than FTHI's 0.85% expense ratio.
Return for Risk
SMMU vs. FTHI — Risk / Return Rank
SMMU
FTHI
SMMU vs. FTHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Short Term Municipal Bond Active ETF (SMMU) and First Trust BuyWrite Income ETF (FTHI). 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.
| SMMU | FTHI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.10 | 1.00 | +1.11 |
Sortino ratioReturn per unit of downside risk | 2.53 | 1.51 | +1.01 |
Omega ratioGain probability vs. loss probability | 1.59 | 1.25 | +0.34 |
Calmar ratioReturn relative to maximum drawdown | 2.03 | 1.40 | +0.64 |
Martin ratioReturn relative to average drawdown | 10.49 | 7.84 | +2.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SMMU | FTHI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | 1.00 | +1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.11 | 0.76 | +0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.56 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.51 | +0.09 |
Correlation
The correlation between SMMU and FTHI is -0.00. 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.
Dividends
SMMU vs. FTHI - Dividend Comparison
SMMU's dividend yield for the trailing twelve months is around 2.79%, less than FTHI's 8.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMMU PIMCO Short Term Municipal Bond Active ETF | 2.79% | 2.80% | 3.03% | 2.79% | 1.37% | 0.60% | 1.19% | 1.82% | 1.57% | 1.41% | 1.03% | 0.89% |
FTHI First Trust BuyWrite Income ETF | 8.99% | 8.70% | 8.61% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.00% | 4.41% | 4.98% |
Drawdowns
SMMU vs. FTHI - Drawdown Comparison
The maximum SMMU drawdown since its inception was -5.09%, smaller than the maximum FTHI drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for SMMU and FTHI.
Loading graphics...
Drawdown Indicators
| SMMU | FTHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.09% | -32.65% | +27.56% |
Max Drawdown (1Y)Largest decline over 1 year | -1.95% | -10.92% | +8.97% |
Max Drawdown (5Y)Largest decline over 5 years | -4.76% | -16.70% | +11.94% |
Max Drawdown (10Y)Largest decline over 10 years | -5.09% | -32.65% | +27.56% |
Current DrawdownCurrent decline from peak | -0.63% | -3.36% | +2.73% |
Average DrawdownAverage peak-to-trough decline | -0.55% | -3.73% | +3.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.38% | 1.95% | -1.57% |
Volatility
SMMU vs. FTHI - Volatility Comparison
The current volatility for PIMCO Short Term Municipal Bond Active ETF (SMMU) is 0.53%, while First Trust BuyWrite Income ETF (FTHI) has a volatility of 4.36%. This indicates that SMMU experiences smaller price fluctuations and is considered to be less risky than FTHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SMMU | FTHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.53% | 4.36% | -3.83% |
Volatility (6M)Calculated over the trailing 6-month period | 0.74% | 7.60% | -6.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.79% | 14.99% | -13.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.67% | 13.54% | -11.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.75% | 14.38% | -11.63% |