IGPT vs SMMU

Comparison between INVESCO AI AND NEXT GEN SOFTWARE ETF (IGPT, ETF) and PIMCO SHORT TERM MUNICIPAL BOND ACTIVE EXCHANGE-TRADED FUND (SMMU, ETF).

5-Year PerformanceIGPT has outperformed SMMU, delivering a return of +13.5% compared to +1.9%

IGPT vs SMMU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IGPT(ETF)	SMMU(ETF)
Net Assets	$1.10B	$1.20B
Expense Ratio	0.56%	0.35%
Max Drawdown	53.09%	5.87%
Sharpe Ratio	1.68	-1.06
5Y Beta	1.63	0.00
P/E Ratio	40.24	N/A
Forward P/E	19.80	N/A
5Y Dividends CAGR	-5.80%	25.78%
5Y EPS CAGR	40.03%	N/A
Debt to Equity	-3.41%	N/A
P/S Ratio	9.22	N/A
P/B Ratio	8.25	N/A

Net Assets

IGPT

$1.10B

Winner

SMMU

$1.20B

Expense Ratio

IGPT

0.56%

Winner

SMMU

0.35%

Max Drawdown

IGPT

53.09%

Winner

SMMU

5.87%

Sharpe Ratio

Winner

IGPT

1.68

SMMU

-1.06

5Y Beta

IGPT

1.63

Winner

SMMU

0.00

P/E Ratio

IGPT

40.24

SMMU

N/A

Forward P/E

IGPT

19.80

SMMU

N/A

5Y Dividends CAGR

IGPT

-5.80%

Winner

SMMU

25.78%

5Y EPS CAGR

IGPT

40.03%

SMMU

N/A

Debt to Equity

IGPT

-3.41%

SMMU

N/A

P/S Ratio

IGPT

9.22

SMMU

N/A

P/B Ratio

IGPT

8.25

SMMU

N/A

IGPT vs SMMU - Historical Returns

Returns include dividend reinvestment.

Period	IGPT	SMMU
1 month	+1.25%	+0.46%
3 months	-2.21%	+0.70%
6 months	+40.76%	+0.36%
1 year	+78.19%	+2.61%
5 years(CAGR)	+13.51%	+1.94%
10 years(CAGR)	+19.85%	+1.85%
Max(CAGR)	+14.99%	+1.52%

Winner

IGPT

+1.25%

SMMU

+0.46%

IGPT

-2.21%

Winner

SMMU

+0.70%

Winner

IGPT

+40.76%

SMMU

+0.36%

Winner

IGPT

+78.19%

SMMU

+2.61%

5Y(CAGR)

Winner

IGPT

+13.51%

SMMU

+1.94%

10Y(CAGR)

Winner

IGPT

+19.85%

SMMU

+1.85%

Max(CAGR)

Winner

IGPT

+14.99%

SMMU

+1.52%

IGPT vs SMMU - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	IGPT	SMMU
2026	+47.17%	+1.30%
2025	+30.52%	+4.06%
2024	+20.71%	+2.65%
2023	+27.99%	+4.19%
2022	-26.94%	-2.49%
2021	-10.06%	+0.18%
2020	+53.11%	+2.85%
2019	+35.80%	+3.34%
2018	+15.43%	+1.45%
2017	+33.68%	+1.72%
2016	+15.04%	-0.96%
2015	+7.84%	+0.97%
2014	+11.44%	+0.38%
2013	+29.37%	+0.15%
2012	+15.69%	+1.19%
2011	-7.39%	+1.90%
2010	+17.40%	+0.74%
2009	+51.50%	N/A
2008	-32.06%	N/A
2007	+4.26%	N/A
2006	+8.83%	N/A
2005	+14.69%	N/A

IGPT vs SMMU Drawdown Comparison

The maximum drawdown for IGPT was -50.08%, occurring on Jun 16, 2022. Recovery took 1168 trading sessions.

The maximum drawdown for SMMU was -5.09%, occurring on Mar 20, 2020. Recovery took 61 trading sessions.

The current IGPT drawdown is -16.95%. The current SMMU drawdown is -0.04%.

Rank	IGPT	SMMU
#1	-50.08% Feb 12, 2021 - Oct 8, 2025	-5.09% Mar 9, 2020 - Jun 4, 2020
#2	-48.44% Oct 31, 2007 - Mar 5, 2010	-4.76% Aug 3, 2021 - Nov 22, 2023
#3	-30.69% Feb 19, 2020 - May 22, 2020	-3.53% Aug 31, 2016 - Apr 21, 2017
#4	-27.75% Jul 7, 2011 - Sep 6, 2012	-1.95% Apr 4, 2025 - Jun 5, 2025
#5	-27.57% May 6, 2010 - Jul 7, 2011	-1.87% Apr 19, 2013 - Feb 28, 2014
#6	-24.74% Jun 22, 2026 - Jul 29, 2026	-1.43% Sep 29, 2010 - May 16, 2011
#7	-23.00% Sep 14, 2018 - Mar 1, 2019	-1.31% Sep 5, 2017 - Jul 23, 2018
#8	-21.18% Jul 22, 2015 - Jun 7, 2016	-1.04% Oct 2, 2024 - Dec 3, 2024
#9	-16.68% Jan 28, 2026 - Apr 14, 2026	-1.04% Jun 6, 2017 - Aug 21, 2017
#10	-14.55% May 8, 2006 - Oct 5, 2006	-0.98% Dec 6, 2024 - Feb 4, 2025
#11	-13.97% Mar 4, 2014 - Nov 10, 2014	-0.84% Aug 19, 2019 - Dec 13, 2019
#12	-13.96% Jul 26, 2019 - Jan 16, 2020	-0.78% Sep 10, 2018 - Dec 6, 2018
#13	-12.77% Jun 4, 2007 - Oct 9, 2007	-0.77% Feb 27, 2026 - Jun 11, 2026
#14	-11.90% Oct 29, 2025 - Jan 6, 2026	-0.71% Aug 3, 2011 - Aug 18, 2011
#15	-11.52% Jun 3, 2026 - Jun 15, 2026	-0.68% Mar 13, 2024 - May 15, 2024

Correlation

Correlation between IGPT and SMMU is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2010 - 2026)

IGPT vs SMMU dividend yield comparison.

Year	IGPT	SMMU
2026	0.00%	1.67%
2025	0.04%	2.80%
2024	0.00%	3.03%
2023	0.00%	2.79%
2022	1.41%	1.37%
2021	6.21%	0.60%
2020	0.04%	1.19%
2019	0.05%	1.82%
2018	0.00%	1.57%
2017	0.00%	1.41%
2016	0.03%	1.03%
2015	0.15%	0.89%
2014	0.10%	0.67%
2013	0.00%	0.50%
2012	0.00%	1.05%
2011	0.00%	1.04%
2010	0.00%	1.05%