SMMU vs OXLC

Comparison between PIMCO SHORT TERM MUNICIPAL BOND ACTIVE EXCHANGE-TRADED FUND (SMMU, ETF) and Oxford Lane Capital Corp (OXLC, ETF).

5-Year PerformanceSMMU has outperformed OXLC, delivering a return of +1.9% compared to -5.1%

SMMU vs OXLC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMMU(ETF)	OXLC(ETF)
Net Assets	$1.10B	$1.10B
Expense Ratio	0.35%	N/A
Max Drawdown	5.87%	91.93%
Sharpe Ratio	0.40	-1.43
5Y Beta	0.00	0.69
5Y Dividends CAGR	23.53%	2.32%

Net Assets

SMMU

$1.10B

OXLC

$1.10B

Expense Ratio

SMMU

0.35%

OXLC

N/A

Max Drawdown

Winner

SMMU

5.87%

OXLC

91.93%

Sharpe Ratio

Winner

SMMU

0.40

OXLC

-1.43

5Y Beta

Winner

SMMU

0.00

OXLC

0.69

5Y Dividends CAGR

Winner

SMMU

23.53%

OXLC

2.32%

SMMU vs OXLC - Historical Returns

Returns include dividend reinvestment.

Period	SMMU	OXLC
1 month	+0.12%	+5.20%
3 months	+0.03%	+3.19%
6 months	+1.40%	-18.59%
1 year	+4.25%	-40.28%
5 years(CAGR)	+1.87%	-5.14%
10 years(CAGR)	+1.79%	+4.50%
Max(CAGR)	+1.52%	+3.08%

SMMU

+0.12%

Winner

OXLC

+5.20%

SMMU

+0.03%

Winner

OXLC

+3.19%

Winner

SMMU

+1.40%

OXLC

-18.59%

Winner

SMMU

+4.25%

OXLC

-40.28%

5Y(CAGR)

Winner

SMMU

+1.87%

OXLC

-5.14%

10Y(CAGR)

SMMU

+1.79%

Winner

OXLC

+4.50%

Max(CAGR)

SMMU

+1.52%

Winner

OXLC

+3.08%

SMMU vs OXLC - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	SMMU	OXLC
2026	+0.78%	-22.66%
2025	+4.06%	-24.65%
2024	+2.65%	+23.84%
2023	+4.19%	+14.29%
2022	-2.49%	-27.46%
2021	+0.18%	+57.30%
2020	+2.85%	-15.25%
2019	+3.34%	-2.92%
2018	+1.45%	+10.99%
2017	+1.72%	+11.56%
2016	-0.96%	+35.17%
2015	+0.97%	-20.64%
2014	+0.38%	-0.72%
2013	+0.15%	+26.27%
2012	+1.19%	+30.32%
2011	+1.90%	-25.72%
2010	+0.74%	N/A

SMMU vs OXLC Drawdown Comparison

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

The maximum drawdown for OXLC was -74.42%, occurring on Mar 18, 2020. Recovery took 469 trading sessions.

The current SMMU drawdown is -0.23%. The current OXLC drawdown is -43.05%.

Rank	SMMU	OXLC
#1	-5.09% Mar 9, 2020 - Jun 4, 2020	-74.42% Jul 24, 2019 - Jun 3, 2021
#2	-4.76% Aug 3, 2021 - Nov 22, 2023	-57.10% May 16, 2025 - Mar 13, 2026
#3	-3.53% Aug 31, 2016 - Apr 21, 2017	-56.97% Jun 3, 2015 - Nov 16, 2016
#4	-1.95% Apr 4, 2025 - Jun 5, 2025	-36.81% Feb 2, 2022 - Jun 7, 2024
#5	-1.87% Apr 19, 2013 - Feb 28, 2014	-33.15% May 11, 2011 - Nov 6, 2012
#6	-1.43% Sep 29, 2010 - May 16, 2011	-24.62% Aug 9, 2018 - Apr 8, 2019
#7	-1.31% Sep 5, 2017 - Jul 23, 2018	-14.40% Feb 18, 2025 - May 14, 2025
#8	-1.04% Oct 2, 2024 - Dec 3, 2024	-13.23% Feb 19, 2014 - May 28, 2015
#9	-1.04% Jun 6, 2017 - Aug 21, 2017	-12.86% Feb 2, 2011 - May 11, 2011
#10	-0.98% Dec 6, 2024 - Feb 4, 2025	-12.83% Nov 1, 2017 - Feb 8, 2018
#11	-0.84% Aug 19, 2019 - Dec 13, 2019	-12.01% Nov 2, 2021 - Jan 11, 2022
#12	-0.78% Sep 10, 2018 - Dec 6, 2018	-10.64% Apr 5, 2017 - Aug 21, 2017
#13	-0.77% Feb 27, 2026 - Mar 24, 2026	-9.60% May 21, 2013 - Nov 27, 2013
#14	-0.71% Aug 3, 2011 - Aug 18, 2011	-9.24% Jun 4, 2021 - Oct 11, 2021
#15	-0.68% Mar 13, 2024 - May 15, 2024	-8.40% May 18, 2018 - Aug 1, 2018

Correlation

Correlation between SMMU and OXLC is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (2010 - 2026)

SMMU vs OXLC dividend yield comparison.

Year	SMMU	OXLC
2026	0.91%	13.75%
2025	2.80%	35.86%
2024	3.03%	20.12%
2023	2.79%	18.83%
2022	1.37%	17.75%
2021	0.60%	10.51%
2020	1.19%	22.46%
2019	1.82%	19.85%
2018	1.57%	16.70%
2017	1.41%	17.91%
2016	1.03%	22.84%
2015	0.89%	24.10%
2014	0.67%	16.72%
2013	0.50%	12.69%
2012	1.05%	14.30%
2011	1.04%	13.14%
2010	1.05%	0.00%