BSMV vs PNI

Comparison between Invesco BulletShares 2031 Municipal Bond ETF (BSMV, ETF) and Pimco New York Municipal Income Fund II (PNI, ETF).

5-Year PerformanceBSMV has outperformed PNI, delivering a return of -1.1% compared to -5.3%

BSMV vs PNI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BSMV(ETF)	PNI(ETF)
Net Assets	$189M	$190M
Expense Ratio	0.18%	N/A
Max Drawdown	22.14%	64.22%
Sharpe Ratio	0.16	0.94
5Y Beta	0.03	0.13
5Y Dividends CAGR	N/A	-5.91%

Net Assets

BSMV

$189M

Winner

PNI

$190M

Expense Ratio

BSMV

0.18%

PNI

N/A

Max Drawdown

Winner

BSMV

22.14%

PNI

64.22%

Sharpe Ratio

BSMV

0.16

Winner

PNI

0.94

5Y Beta

Winner

BSMV

0.03

PNI

0.13

5Y Dividends CAGR

BSMV

N/A

PNI

-5.91%

BSMV vs PNI - Historical Returns

Returns include dividend reinvestment.

Period	BSMV	PNI
1 month	-0.64%	-0.01%
3 months	-0.40%	+1.12%
6 months	-0.47%	+2.55%
1 year	+4.05%	+12.65%
5 years(CAGR)	-1.12%	-5.33%
10 years(CAGR)	N/A	-2.25%
Max(CAGR)	-1.12%	+2.72%

BSMV

-0.64%

Winner

PNI

-0.01%

BSMV

-0.40%

Winner

PNI

+1.12%

BSMV

-0.47%

Winner

PNI

+2.55%

BSMV

+4.05%

Winner

PNI

+12.65%

5Y(CAGR)

Winner

BSMV

-1.12%

PNI

-5.33%

10Y(CAGR)

BSMV

N/A

PNI

-2.25%

Max(CAGR)

BSMV

-1.12%

Winner

PNI

+2.72%

BSMV vs PNI - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	BSMV	PNI
2026	+0.03%	+4.18%
2025	+3.81%	+0.74%
2024	-0.20%	-0.59%
2023	+6.68%	-0.22%
2022	-15.05%	-26.08%
2021	+0.66%	+8.85%
2020	N/A	-5.47%
2019	N/A	+17.54%
2018	N/A	-6.93%
2017	N/A	+4.74%
2016	N/A	+2.82%
2015	N/A	+7.62%
2014	N/A	+26.98%
2013	N/A	-16.64%
2012	N/A	+18.08%
2011	N/A	+16.17%
2010	N/A	+1.49%
2009	N/A	+61.88%
2008	N/A	-45.31%
2007	N/A	-9.31%
2006	N/A	+1.82%
2005	N/A	+22.84%
2004	N/A	+8.37%
2003	N/A	+5.03%
2002	N/A	-3.93%

BSMV vs PNI Drawdown Comparison

The maximum drawdown for BSMV was -20.68%, occurring on Oct 25, 2022. This drawdown has not yet recovered.

The maximum drawdown for PNI was -59.91%, occurring on Dec 15, 2008. Recovery took 987 trading sessions.

The current BSMV drawdown is -5.98%. The current PNI drawdown is -26.23%.

Rank	BSMV	PNI
#1	-20.68% Dec 16, 2021 - Oct 25, 2022	-59.91% Feb 7, 2008 - Jan 6, 2012
#2	-1.70% Sep 22, 2021 - Dec 2, 2021	-44.12% Aug 4, 2021 - Oct 27, 2023
#3	-0.33% Dec 3, 2021 - Dec 13, 2021	-34.33% Feb 27, 2020 - Jul 6, 2021
#4	-0.26% Dec 13, 2021 - Dec 16, 2021	-22.88% Nov 30, 2012 - Dec 3, 2014
#5	N/A	-20.89% Jul 8, 2016 - Jan 7, 2020
#6	N/A	-14.60% Mar 17, 2004 - Oct 15, 2004
#7	N/A	-14.08% Apr 24, 2007 - Feb 7, 2008
#8	N/A	-12.73% Jan 9, 2006 - Nov 29, 2006
#9	N/A	-8.04% Jul 2, 2003 - Jan 22, 2004
#10	N/A	-7.48% Jul 18, 2002 - May 14, 2003
#11	N/A	-7.30% Sep 30, 2005 - Dec 12, 2005
#12	N/A	-7.19% Feb 9, 2012 - May 1, 2012
#13	N/A	-6.86% Feb 4, 2015 - Oct 26, 2015
#14	N/A	-6.72% Mar 7, 2005 - May 2, 2005
#15	N/A	-4.78% Oct 26, 2015 - Dec 21, 2015

Correlation

Correlation between BSMV and PNI is 0.63 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.63

-101

Dividend Comparison (2002 - 2026)

BSMV vs PNI dividend yield comparison.

Year	BSMV	PNI
2026	1.73%	2.96%
2025	2.93%	5.14%
2024	3.10%	4.94%
2023	2.59%	4.66%
2022	2.21%	6.04%
2021	0.24%	4.23%
2020	0.00%	4.42%
2019	0.00%	4.24%
2018	0.00%	5.78%
2017	0.00%	5.20%
2016	0.00%	6.63%
2015	0.00%	6.44%
2014	0.00%	6.53%
2013	0.00%	7.78%
2012	0.00%	6.23%
2011	0.00%	6.91%
2010	0.00%	7.58%
2009	0.00%	7.19%
2008	0.00%	11.25%
2007	0.00%	5.89%
2006	0.00%	5.23%
2005	0.00%	6.06%
2004	0.00%	6.99%
2003	0.00%	6.75%
2002	0.00%	2.90%