TMB vs BSMV

Comparison between THORNBURG MULTI SECTOR BOND ETF (TMB, ETF) and Invesco BulletShares 2031 Municipal Bond ETF (BSMV, ETF).

TMB vs BSMV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TMB(ETF)	BSMV(ETF)
Net Assets	$185M	$184M
Expense Ratio	0.55%	0.18%
Max Drawdown	0.53%	22.14%
Sharpe Ratio	1.07	0.71
5Y Beta	0.15	0.03

Net Assets

Winner

TMB

$185M

BSMV

$184M

Expense Ratio

TMB

0.55%

Winner

BSMV

0.18%

Max Drawdown

Winner

TMB

0.53%

BSMV

22.14%

Sharpe Ratio

Winner

TMB

1.07

BSMV

0.71

5Y Beta

TMB

0.15

Winner

BSMV

0.03

TMB vs BSMV - Historical Returns

Returns include dividend reinvestment.

Period	TMB	BSMV
1 month	N/A	+0.23%
3 months	N/A	+0.24%
6 months	N/A	+0.81%
1 year	N/A	+5.10%
5 years(CAGR)	N/A	-1.05%
Max(CAGR)	+8.08%	-1.05%

TMB

N/A

BSMV

+0.23%

TMB

N/A

BSMV

+0.24%

TMB

N/A

BSMV

+0.81%

TMB

N/A

BSMV

+5.10%

5Y(CAGR)

TMB

N/A

BSMV

-1.05%

Max(CAGR)

Winner

TMB

+8.08%

BSMV

-1.05%

TMB vs BSMV - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	TMB	BSMV
2026	+0.36%	+0.50%
2025	N/A	+3.81%
2024	N/A	-0.20%
2023	N/A	+6.68%
2022	N/A	-15.05%
2021	N/A	+0.66%

TMB vs BSMV Drawdown Comparison

The maximum drawdown for TMB was -0.42%, occurring on Jun 5, 2026. Recovery took 9 trading sessions.

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

The current TMB drawdown is -0.10%. The current BSMV drawdown is -5.53%.

Rank	TMB	BSMV
#1	-0.42% May 29, 2026 - Jun 11, 2026	-20.68% Dec 16, 2021 - Oct 25, 2022
#2	-0.10% Jun 11, 2026 - Jun 12, 2026	-1.70% Sep 22, 2021 - Dec 2, 2021
#3	N/A	-0.33% Dec 3, 2021 - Dec 13, 2021
#4	N/A	-0.26% Dec 13, 2021 - Dec 16, 2021

Correlation

Correlation between TMB and BSMV is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

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