BSMQ vs SMB

Comparison between INVESCO BULLETSHARES 2026 MUNICIPAL BOND ETF (BSMQ, ETF) and VANECK SHORT MUNI ETF (SMB, ETF).

5-Year PerformanceSMB has outperformed BSMQ, delivering a return of +1.2% compared to +0.3%

BSMQ vs SMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BSMQ(ETF)	SMB(ETF)
Net Assets	$304M	$305M
Expense Ratio	0.18%	0.07%
Max Drawdown	13.32%	12.64%
Sharpe Ratio	-0.56	0.11
5Y Beta	0.02	0.00
5Y Dividends CAGR	14.20%	13.74%

Net Assets

BSMQ

$304M

Winner

SMB

$305M

Expense Ratio

BSMQ

0.18%

Winner

SMB

0.07%

Max Drawdown

BSMQ

13.32%

Winner

SMB

12.64%

Sharpe Ratio

BSMQ

-0.56

Winner

SMB

0.11

5Y Beta

BSMQ

0.02

Winner

SMB

0.00

5Y Dividends CAGR

Winner

BSMQ

14.20%

SMB

13.74%

BSMQ vs SMB - Historical Returns

Returns include dividend reinvestment.

Period	BSMQ	SMB
1 month	+0.11%	+0.58%
3 months	+0.09%	+0.32%
6 months	+1.11%	+1.37%
1 year	+2.78%	+3.78%
5 years(CAGR)	+0.29%	+1.19%
10 years(CAGR)	N/A	+1.55%
Max(CAGR)	+1.17%	+2.04%

BSMQ

+0.11%

Winner

SMB

+0.58%

BSMQ

+0.09%

Winner

SMB

+0.32%

BSMQ

+1.11%

Winner

SMB

+1.37%

BSMQ

+2.78%

Winner

SMB

+3.78%

5Y(CAGR)

BSMQ

+0.29%

Winner

SMB

+1.19%

10Y(CAGR)

BSMQ

N/A

SMB

+1.55%

Max(CAGR)

BSMQ

+1.17%

Winner

SMB

+2.04%

BSMQ vs SMB - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	BSMQ	SMB
2026	+0.79%	+0.55%
2025	+2.81%	+4.55%
2024	+2.05%	+2.47%
2023	+3.36%	+3.14%
2022	-7.56%	-4.35%
2021	+0.85%	+0.06%
2020	+5.15%	+3.36%
2019	+0.24%	+4.48%
2018	N/A	+1.75%
2017	N/A	+0.69%
2016	N/A	-0.39%
2015	N/A	+1.20%
2014	N/A	+1.09%
2013	N/A	+0.53%
2012	N/A	+1.47%
2011	N/A	+5.37%
2010	N/A	+1.32%
2009	N/A	+7.86%
2008	N/A	+2.14%

BSMQ vs SMB Drawdown Comparison

The maximum drawdown for BSMQ was -13.18%, occurring on Mar 23, 2020. Recovery took 179 trading sessions.

The maximum drawdown for SMB was -12.64%, occurring on Mar 19, 2020. Recovery took 65 trading sessions.

The current BSMQ drawdown is -0.11%. The current SMB drawdown is -0.19%.

Rank	BSMQ	SMB
#1	-13.18% Mar 9, 2020 - Nov 19, 2020	-12.64% Mar 9, 2020 - Jun 10, 2020
#2	-11.50% Jul 19, 2021 - Dec 31, 2025	-7.48% Jul 20, 2021 - Aug 20, 2024
#3	-1.99% Feb 11, 2021 - Jun 8, 2021	-5.58% Sep 11, 2008 - Jan 6, 2009
#4	-0.87% Oct 21, 2019 - Dec 3, 2019	-4.11% Aug 26, 2010 - May 17, 2011
#5	-0.81% Jun 11, 2021 - Jul 19, 2021	-4.10% Aug 2, 2016 - Aug 4, 2017
#6	-0.37% Jan 31, 2020 - Feb 18, 2020	-4.07% May 1, 2013 - Feb 14, 2014
#7	-0.31% Jan 5, 2021 - Jan 25, 2021	-3.84% Jan 29, 2009 - May 22, 2009
#8	-0.25% Mar 5, 2026 - Apr 2, 2026	-2.46% Aug 30, 2017 - Dec 24, 2018
#9	-0.24% Mar 2, 2020 - Mar 9, 2020	-2.37% Apr 10, 2008 - Aug 12, 2008
#10	-0.24% May 13, 2026 - May 29, 2026	-1.96% Oct 2, 2009 - Nov 27, 2009
#11	-0.24% Apr 9, 2026 - May 13, 2026	-1.80% Feb 28, 2025 - May 23, 2025
#12	-0.23% Jan 26, 2026 - Feb 24, 2026	-1.79% Feb 5, 2015 - Oct 16, 2015
#13	-0.20% Dec 13, 2019 - Jan 2, 2020	-1.62% May 22, 2009 - Jul 13, 2009
#14	-0.17% Nov 30, 2020 - Dec 7, 2020	-1.53% Jan 8, 2009 - Jan 12, 2009
#15	-0.16% Nov 24, 2020 - Nov 30, 2020	-1.49% Mar 12, 2010 - May 26, 2010

Correlation

Correlation between BSMQ and SMB is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2008 - 2026)

BSMQ vs SMB dividend yield comparison.

Year	BSMQ	SMB
2026	1.16%	1.13%
2025	2.74%	2.63%
2024	2.75%	2.38%
2023	2.47%	1.83%
2022	1.60%	1.32%
2021	1.14%	1.24%
2020	1.57%	1.50%
2019	0.44%	1.58%
2018	0.00%	1.49%
2017	0.00%	1.23%
2016	0.00%	1.12%
2015	0.00%	1.13%
2014	0.00%	1.21%
2013	0.00%	1.38%
2012	0.00%	1.64%
2011	0.00%	1.93%
2010	0.00%	2.40%
2009	0.00%	2.38%
2008	0.00%	2.34%