SMMU vs AVIV

Comparison between PIMCO SHORT TERM MUNICIPAL BOND ACTIVE EXCHANGE-TRADED FUND (SMMU, ETF) and AVANTIS INTERNATIONAL LARGE CAP VALUE ETF (AVIV, ETF).

5-Year PerformanceAVIV has outperformed SMMU, delivering a return of +13.9% compared to +1.9%

SMMU vs AVIV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMMU(ETF)	AVIV(ETF)
Net Assets	$1.10B	$1.20B
Expense Ratio	0.35%	0.25%
Max Drawdown	5.87%	29.14%
Sharpe Ratio	0.40	2.15
5Y Beta	0.00	0.67
5Y Dividends CAGR	23.53%	N/A

Net Assets

SMMU

$1.10B

Winner

AVIV

$1.20B

Expense Ratio

SMMU

0.35%

Winner

AVIV

0.25%

Max Drawdown

Winner

SMMU

5.87%

AVIV

29.14%

Sharpe Ratio

SMMU

0.40

Winner

AVIV

2.15

5Y Beta

Winner

SMMU

0.00

AVIV

0.67

5Y Dividends CAGR

SMMU

23.53%

AVIV

N/A

SMMU vs AVIV - Historical Returns

Returns include dividend reinvestment.

Period	SMMU	AVIV
1 month	+0.12%	+0.83%
3 months	+0.03%	+0.40%
6 months	+1.40%	+17.86%
1 year	+4.25%	+38.61%
5 years(CAGR)	+1.87%	+13.89%
10 years(CAGR)	+1.79%	N/A
Max(CAGR)	+1.52%	+13.89%

SMMU

+0.12%

Winner

AVIV

+0.83%

SMMU

+0.03%

Winner

AVIV

+0.40%

SMMU

+1.40%

Winner

AVIV

+17.86%

SMMU

+4.25%

Winner

AVIV

+38.61%

5Y(CAGR)

SMMU

+1.87%

Winner

AVIV

+13.89%

10Y(CAGR)

SMMU

+1.79%

AVIV

N/A

Max(CAGR)

SMMU

+1.52%

Winner

AVIV

+13.89%

SMMU vs AVIV - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	SMMU	AVIV
2026	+0.78%	+9.84%
2025	+4.06%	+42.08%
2024	+2.65%	+5.24%
2023	+4.19%	+18.14%
2022	-2.49%	-9.00%
2021	+0.18%	+1.92%
2020	+2.85%	N/A
2019	+3.34%	N/A
2018	+1.45%	N/A
2017	+1.72%	N/A
2016	-0.96%	N/A
2015	+0.97%	N/A
2014	+0.38%	N/A
2013	+0.15%	N/A
2012	+1.19%	N/A
2011	+1.90%	N/A
2010	+0.74%	N/A

SMMU vs AVIV Drawdown Comparison

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

The maximum drawdown for AVIV was -27.72%, occurring on Sep 27, 2022. Recovery took 384 trading sessions.

The current SMMU drawdown is -0.23%. The current AVIV drawdown is -1.76%.

Rank	SMMU	AVIV
#1	-5.09% Mar 9, 2020 - Jun 4, 2020	-27.72% Jan 14, 2022 - Jul 28, 2023
#2	-4.76% Aug 3, 2021 - Nov 22, 2023	-14.13% Mar 19, 2025 - Apr 28, 2025
#3	-3.53% Aug 31, 2016 - Apr 21, 2017	-10.78% Feb 27, 2026 - Mar 20, 2026
#4	-1.95% Apr 4, 2025 - Jun 5, 2025	-9.85% Jul 31, 2023 - Dec 13, 2023
#5	-1.87% Apr 19, 2013 - Feb 28, 2014	-8.07% Sep 26, 2024 - Feb 13, 2025
#6	-1.43% Sep 29, 2010 - May 16, 2011	-7.53% Jul 17, 2024 - Aug 21, 2024
#7	-1.31% Sep 5, 2017 - Jul 23, 2018	-7.09% Nov 8, 2021 - Jan 7, 2022
#8	-1.04% Oct 2, 2024 - Dec 3, 2024	-4.75% Nov 12, 2025 - Dec 3, 2025
#9	-1.04% Jun 6, 2017 - Aug 21, 2017	-4.46% May 20, 2024 - Jul 12, 2024
#10	-0.98% Dec 6, 2024 - Feb 4, 2025	-4.35% Dec 27, 2023 - Feb 23, 2024
#11	-0.84% Aug 19, 2019 - Dec 13, 2019	-4.21% Apr 9, 2024 - May 14, 2024
#12	-0.78% Sep 10, 2018 - Dec 6, 2018	-3.92% Aug 30, 2024 - Sep 19, 2024
#13	-0.77% Feb 27, 2026 - Mar 24, 2026	-3.48% Jul 23, 2025 - Aug 12, 2025
#14	-0.71% Aug 3, 2011 - Aug 18, 2011	-2.97% Oct 6, 2025 - Oct 27, 2025
#15	-0.68% Mar 13, 2024 - May 15, 2024	-2.34% Mar 7, 2025 - Mar 17, 2025

Correlation

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

0.95

-101

Dividend Comparison (2010 - 2026)

SMMU vs AVIV dividend yield comparison.

Year	SMMU	AVIV
2026	0.91%	0.13%
2025	2.80%	3.01%
2024	3.03%	3.46%
2023	2.79%	3.64%
2022	1.37%	2.84%
2021	0.60%	0.57%
2020	1.19%	0.00%
2019	1.82%	0.00%
2018	1.57%	0.00%
2017	1.41%	0.00%
2016	1.03%	0.00%
2015	0.89%	0.00%
2014	0.67%	0.00%
2013	0.50%	0.00%
2012	1.05%	0.00%
2011	1.04%	0.00%
2010	1.05%	0.00%