PNI vs BSMV

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

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

PNI vs BSMV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

PNI

$190M

BSMV

$189M

Expense Ratio

PNI

N/A

BSMV

0.18%

Max Drawdown

PNI

64.22%

Winner

BSMV

22.14%

Sharpe Ratio

Winner

PNI

0.94

BSMV

0.16

5Y Beta

PNI

0.13

Winner

BSMV

0.03

5Y Dividends CAGR

PNI

-5.91%

BSMV

N/A

PNI vs BSMV - Historical Returns

Returns include dividend reinvestment.

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

Winner

PNI

-0.01%

BSMV

-0.64%

Winner

PNI

+1.12%

BSMV

-0.40%

Winner

PNI

+2.55%

BSMV

-0.47%

Winner

PNI

+12.65%

BSMV

+4.05%

5Y(CAGR)

PNI

-5.33%

Winner

BSMV

-1.12%

10Y(CAGR)

PNI

-2.25%

BSMV

N/A

Max(CAGR)

Winner

PNI

+2.72%

BSMV

-1.12%

PNI vs BSMV - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

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

PNI vs BSMV Drawdown Comparison

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

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

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

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

Correlation

Correlation between PNI and BSMV 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)

PNI vs BSMV dividend yield comparison.

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