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PXF vs MUNI

Comparison between INVESCO FTSE RAFI DEVELOPED MARKETS EX-U.S. ETF (PXF, ETF) and PIMCO INTERMEDIATE MUNICIPAL BOND ACTIVE EXCHANGE-TRADED FUND (MUNI, ETF).

5-Year PerformancePXF has outperformed MUNI, delivering a return of +13.5% compared to +1.3%

PXF vs MUNI - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
PXF
$2.90B
Winner
MUNI
$3B
Expense Ratio
PXF
0.43%
Winner
MUNI
0.35%
Max Drawdown
PXF
65.71%
Winner
MUNI
13.40%
Sharpe Ratio
Winner
PXF
1.95
MUNI
1.00
5Y Beta
PXF
0.71
Winner
MUNI
0.05
5Y Dividends CAGR
Winner
PXF
19.20%
MUNI
11.72%

PXF vs MUNI - Historical Returns

Returns include dividend reinvestment.

1M
Winner
PXF
+1.94%
MUNI
+1.02%
3M
Winner
PXF
+9.61%
MUNI
+0.50%
6M
Winner
PXF
+21.48%
MUNI
+1.54%
1Y
Winner
PXF
+42.00%
MUNI
+5.94%
5Y(CAGR)
Winner
PXF
+13.53%
MUNI
+1.26%
10Y(CAGR)
Winner
PXF
+11.99%
MUNI
+2.10%
Max(CAGR)
Winner
PXF
+5.48%
MUNI
+2.75%

PXF vs MUNI - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

YearPXFMUNI
2026+17.12%+1.30%
2025+42.94%+4.61%
2024+5.44%+1.60%
2023+17.64%+5.98%
2022-9.89%-6.69%
2021+15.16%+0.64%
2020+1.75%+4.77%
2019+17.66%+6.95%
2018-15.52%+1.10%
2017+23.77%+4.72%
2016+8.91%-0.48%
2015-5.40%+2.66%
2014-5.31%+5.58%
2013+22.01%-2.51%
2012+13.11%+4.73%
2011-17.35%+8.18%
2010+3.74%+3.95%
2009+37.81%-0.37%
2008-41.42%N/A
2007+2.78%N/A

PXF vs MUNI Drawdown Comparison

The maximum drawdown for PXF was -64.74%, occurring on Mar 9, 2009. Recovery took 2408 trading sessions.

The maximum drawdown for MUNI was -11.15%, occurring on Oct 25, 2022. Recovery took 766 trading sessions.

The current PXF drawdown is -2.17%. The current MUNI drawdown is -0.65%.

RankPXFMUNI
#1-64.74%
Dec 19, 2007 - Jul 14, 2017
-11.15%
Jul 19, 2021 - Aug 5, 2024
#2-41.56%
Jan 26, 2018 - Jan 7, 2021
-10.81%
Mar 9, 2020 - Jul 16, 2020
#3-26.85%
Jan 12, 2022 - Jul 26, 2023
-6.25%
May 2, 2013 - Aug 11, 2014
#4-14.06%
Mar 19, 2025 - May 2, 2025
-5.09%
Aug 23, 2016 - Aug 14, 2017
#5-11.27%
Jul 13, 2007 - Oct 11, 2007
-4.13%
Aug 31, 2010 - May 18, 2011
#6-10.91%
Feb 27, 2026 - May 6, 2026
-3.67%
Feb 28, 2025 - Sep 5, 2025
#7-10.24%
Jul 28, 2023 - Dec 13, 2023
-2.70%
Jan 30, 2015 - Dec 1, 2015
#8-9.35%
Sep 26, 2024 - Mar 5, 2025
-2.29%
Feb 27, 2026 - Mar 26, 2026
#9-8.79%
Oct 31, 2007 - Dec 19, 2007
-2.27%
Oct 2, 2024 - Dec 6, 2024
#10-8.39%
Jun 7, 2021 - Jan 11, 2022
-2.26%
Dec 6, 2024 - Feb 26, 2025
#11-7.30%
Jul 12, 2024 - Aug 21, 2024
-2.25%
Sep 22, 2011 - Dec 6, 2011
#12-5.58%
Jun 2, 2026 - Jun 10, 2026
-1.99%
Dec 5, 2012 - May 1, 2013
#13-5.18%
Jan 8, 2021 - Feb 11, 2021
-1.80%
Sep 8, 2017 - Aug 15, 2018
#14-5.02%
Nov 12, 2025 - Dec 3, 2025
-1.73%
Feb 11, 2021 - Jun 9, 2021
#15-4.64%
May 17, 2024 - Jul 12, 2024
-1.66%
Mar 12, 2010 - May 21, 2010

Correlation

Correlation between PXF and MUNI is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82
-101

Dividend Comparison (2007 - 2026)

PXF vs MUNI dividend yield comparison.

YearPXFMUNI
20260.63%1.35%
20253.64%3.26%
20243.48%3.50%
20233.55%3.09%
20223.58%2.13%
20213.74%1.62%
20202.11%1.92%
20193.50%2.44%
20183.38%2.38%
20172.78%2.37%
20163.21%2.37%
20153.10%2.20%
20144.00%1.91%
20132.41%2.30%
20122.69%2.27%
20112.20%2.33%
20102.50%2.54%
20092.04%0.09%
20083.05%0.00%
20070.22%0.00%

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