MBND vs PJIO
Comparison between STATE STREET(R) NUVEEN MUNICIPAL BOND ETF (MBND, ETF) and PGIM JENNISON INTERNATIONAL OPPORTUNITIES ETF (PJIO, ETF).
MBND vs PJIO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
MBND
$28M
Winner
PJIO
$28M
Expense Ratio
Winner
MBND
0.40%
PJIO
0.54%
Max Drawdown
Winner
MBND
15.51%
PJIO
19.42%
Sharpe Ratio
Winner
MBND
0.40
PJIO
0.06
5Y Beta
Winner
MBND
0.01
PJIO
1.07
5Y Dividends CAGR
MBND
51.85%
PJIO
N/A
MBND vs PJIO - Historical Returns
Returns include dividend reinvestment.
1M
Winner
MBND
-0.62%
PJIO
-11.21%
3M
MBND
-0.13%
Winner
PJIO
+4.65%
6M
MBND
+0.09%
Winner
PJIO
+1.10%
1Y
Winner
MBND
+4.79%
PJIO
+2.11%
5Y(CAGR)
MBND
+0.35%
PJIO
N/A
Max(CAGR)
MBND
+0.58%
Winner
PJIO
+9.32%
MBND vs PJIO - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | MBND | PJIO |
|---|---|---|
| 2026 | +0.49% | +1.31% |
| 2025 | +2.79% | +17.58% |
| 2024 | +2.86% | +7.17% |
| 2023 | +5.48% | -0.44% |
| 2022 | -8.57% | N/A |
| 2021 | +0.59% | N/A |
MBND vs PJIO Drawdown Comparison
The maximum drawdown for MBND was -13.18%, occurring on Oct 25, 2022. Recovery took 1033 trading sessions.
The maximum drawdown for PJIO was -19.26%, occurring on Mar 30, 2026. Recovery took 159 trading sessions.
The current MBND drawdown is -1.20%. The current PJIO drawdown is -11.21%.
| Rank | MBND | PJIO |
|---|---|---|
| #1 | -13.18% Aug 3, 2021 - Sep 15, 2025 | -19.26% Oct 8, 2025 - May 28, 2026 |
| #2 | -2.44% Feb 27, 2026 - Jun 15, 2026 | -18.74% Feb 18, 2025 - May 15, 2025 |
| #3 | -2.07% Feb 11, 2021 - Jun 4, 2021 | -14.37% Jun 22, 2026 - Jul 20, 2026 |
| #4 | -1.20% Jun 15, 2026 - Jul 21, 2026 | -11.43% Jul 12, 2024 - Aug 23, 2024 |
| #5 | -0.80% Sep 17, 2025 - Oct 15, 2025 | -11.28% Sep 26, 2024 - Feb 13, 2025 |
| #6 | -0.57% Nov 12, 2025 - Jan 5, 2026 | -8.98% Mar 21, 2024 - Jun 5, 2024 |
| #7 | -0.53% Jun 14, 2021 - Jul 8, 2021 | -7.59% Jun 2, 2026 - Jun 15, 2026 |
| #8 | -0.33% Oct 27, 2025 - Nov 12, 2025 | -7.08% Aug 30, 2024 - Sep 26, 2024 |
| #9 | -0.24% Jan 16, 2026 - Jan 30, 2026 | -5.29% Jul 15, 2025 - Sep 8, 2025 |
| #10 | -0.13% Jul 8, 2021 - Jul 15, 2021 | -4.87% Dec 27, 2023 - Jan 25, 2024 |
| #11 | -0.10% Jul 20, 2021 - Jul 28, 2021 | -3.57% Jun 6, 2025 - Jun 26, 2025 |
| #12 | -0.10% Feb 19, 2026 - Feb 24, 2026 | -3.16% Feb 9, 2024 - Feb 15, 2024 |
| #13 | -0.09% Feb 12, 2026 - Feb 17, 2026 | -2.46% Sep 22, 2025 - Oct 2, 2025 |
| #14 | -0.08% Jul 28, 2021 - Aug 3, 2021 | -2.45% Jun 12, 2024 - Jul 10, 2024 |
| #15 | -0.03% Feb 10, 2026 - Feb 12, 2026 | -2.25% Mar 7, 2024 - Mar 21, 2024 |
Correlation
Correlation between MBND and PJIO is 0.76 which considered as a strong positive correlation - the stocks tend to move together.
0.76
-101
Dividend Comparison (2021 - 2026)
MBND vs PJIO dividend yield comparison.
| Year | MBND | PJIO |
|---|---|---|
| 2026 | 1.72% | 0.00% |
| 2025 | 3.43% | 0.19% |
| 2024 | 2.72% | 0.22% |
| 2023 | 2.53% | 0.00% |
| 2022 | 1.61% | 0.00% |
| 2021 | 1.62% | 0.00% |
Select Stocks to Compare
Popular: MBND vs SPYPJIO vs SPY
More Comparisons
Compare with similar stocks