BSMT vs PBE

Comparison between INVESCO BULLETSHARES 2029 MUNICIPAL BOND ETF (BSMT, ETF) and INVESCO BIOTECHNOLOGY & GENOME ETF (PBE, ETF).

5-Year PerformancePBE has outperformed BSMT, delivering a return of +4.8% compared to -0.4%

BSMT vs PBE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BSMT(ETF)	PBE(ETF)
Net Assets	$279M	$278M
Expense Ratio	0.18%	0.58%
Max Drawdown	17.74%	45.69%
Sharpe Ratio	-0.05	1.81
5Y Beta	0.01	0.73
P/E Ratio	N/A	35.63
Forward P/E	N/A	20.23
5Y Dividends CAGR	9.38%	N/A
5Y EPS CAGR	N/A	10.60%
Debt to Equity	N/A	69.49%
P/S Ratio	N/A	4.60
P/B Ratio	N/A	4.42

Net Assets

Winner

BSMT

$279M

PBE

$278M

Expense Ratio

Winner

BSMT

0.18%

PBE

0.58%

Max Drawdown

Winner

BSMT

17.74%

PBE

45.69%

Sharpe Ratio

BSMT

-0.05

Winner

PBE

1.81

5Y Beta

Winner

BSMT

0.01

PBE

0.73

P/E Ratio

BSMT

N/A

PBE

35.63

Forward P/E

BSMT

N/A

PBE

20.23

5Y Dividends CAGR

BSMT

9.38%

PBE

N/A

5Y EPS CAGR

BSMT

N/A

PBE

10.60%

Debt to Equity

BSMT

N/A

PBE

69.49%

P/S Ratio

BSMT

N/A

PBE

4.60

P/B Ratio

BSMT

N/A

PBE

4.42

BSMT vs PBE - Historical Returns

Returns include dividend reinvestment.

Period	BSMT	PBE
1 month	-0.56%	+6.68%
3 months	-0.08%	+13.07%
6 months	+0.24%	+9.44%
1 year	+3.63%	+43.95%
5 years(CAGR)	-0.43%	+4.76%
10 years(CAGR)	N/A	+8.90%
Max(CAGR)	+0.90%	+9.27%

BSMT

-0.56%

Winner

PBE

+6.68%

BSMT

-0.08%

Winner

PBE

+13.07%

BSMT

+0.24%

Winner

PBE

+9.44%

BSMT

+3.63%

Winner

PBE

+43.95%

5Y(CAGR)

BSMT

-0.43%

Winner

PBE

+4.76%

10Y(CAGR)

BSMT

N/A

PBE

+8.90%

Max(CAGR)

BSMT

+0.90%

Winner

PBE

+9.27%

BSMT vs PBE - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	BSMT	PBE
2026	+0.57%	+10.95%
2025	+3.62%	+23.76%
2024	+0.36%	-0.05%
2023	+5.16%	+4.60%
2022	-10.94%	-11.11%
2021	+1.42%	+1.21%
2020	+6.96%	+25.68%
2019	-0.35%	+18.35%
2018	N/A	-2.62%
2017	N/A	+20.54%
2016	N/A	-20.66%
2015	N/A	+1.36%
2014	N/A	+36.45%
2013	N/A	+57.53%
2012	N/A	+13.17%
2011	N/A	-7.24%
2010	N/A	+29.99%
2009	N/A	+19.16%
2008	N/A	-25.84%
2007	N/A	+6.24%
2006	N/A	+0.45%
2005	N/A	+17.45%

BSMT vs PBE Drawdown Comparison

The maximum drawdown for BSMT was -16.19%, occurring on Oct 31, 2022. This drawdown has not yet recovered.

The maximum drawdown for PBE was -45.69%, occurring on Mar 9, 2009. Recovery took 644 trading sessions.

The current BSMT drawdown is -2.42%. The current PBE drawdown is -2.99%.

Rank	BSMT	PBE
#1	-16.19% Jul 19, 2021 - Oct 31, 2022	-45.69% Oct 15, 2007 - May 6, 2010
#2	-15.09% Feb 27, 2020 - Jul 23, 2020	-44.56% Jul 17, 2015 - Jul 20, 2020
#3	-3.42% Feb 11, 2021 - Jun 9, 2021	-37.84% Feb 8, 2021 - Nov 26, 2025
#4	-2.88% Aug 10, 2020 - Dec 8, 2020	-35.71% May 6, 2010 - Apr 2, 2013
#5	-2.14% Oct 9, 2019 - Jan 9, 2020	-21.12% Feb 27, 2006 - Apr 23, 2007
#6	-0.72% Jun 10, 2021 - Jul 6, 2021	-18.86% Feb 24, 2014 - Aug 25, 2014
#7	-0.53% Jan 6, 2021 - Jan 26, 2021	-14.38% Jul 20, 2020 - Nov 27, 2020
#8	-0.52% Sep 25, 2019 - Oct 9, 2019	-11.73% Jan 7, 2026 - Jun 23, 2026
#9	-0.47% Jan 31, 2020 - Feb 18, 2020	-10.65% Mar 19, 2015 - Jun 18, 2015
#10	-0.25% Jul 31, 2020 - Aug 4, 2020	-10.08% Sep 12, 2005 - Nov 17, 2005
#11	-0.15% Dec 28, 2020 - Dec 30, 2020	-9.07% Apr 25, 2007 - Sep 26, 2007
#12	-0.14% Jan 27, 2020 - Jan 31, 2020	-8.60% Aug 29, 2014 - Oct 23, 2014
#13	-0.13% Dec 21, 2020 - Dec 28, 2020	-7.84% May 28, 2013 - Jul 5, 2013
#14	-0.13% Aug 4, 2020 - Aug 10, 2020	-7.21% Nov 29, 2013 - Jan 7, 2014
#15	-0.10% Jul 28, 2020 - Jul 31, 2020	-6.59% Oct 2, 2013 - Oct 24, 2013

Correlation

Correlation between BSMT and PBE is 0.65 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.65

-101

Dividend Comparison (2009 - 2026)

BSMT vs PBE dividend yield comparison.

Year	BSMT	PBE
2026	1.60%	0.99%
2025	2.78%	1.00%
2024	2.80%	0.05%
2023	2.62%	0.02%
2022	1.65%	0.00%
2021	1.31%	0.00%
2020	1.82%	0.04%
2019	0.48%	0.00%
2018	0.00%	0.00%
2017	0.00%	0.57%
2016	0.00%	0.38%
2015	0.00%	1.12%
2014	0.00%	0.55%
2009	0.00%	0.45%