MINO vs RVNU
PIMCO Municipal Income Opportunities Active Exchange-Traded Fund vs Xtrackers Municipal Infrastructure Revenue Bond Active ETF
Which is better, MINO or RVNU?
Nearly the same fund. RVNU costs less.
RVNU has a lower expense ratio. MINO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MINO | RVNU |
|---|---|---|
| Expense Ratio | 0.39% | 0.15%Best |
| AUM | $850M | $131M |
| Dividend Yield | 4.17% | 3.84% |
| Holdings | 1,083 | 513 |
| YTD Return | -2.95% | -2.34%Best |
| 1Y Return | -2.10%Best | -2.40% |
| 3Y Return (annualized) | +3.99%Best | +3.67% |
| 5Y Return (annualized) | +0.59%Best | -1.20% |
| Volatility (annualized) | 6.8%Best | 10.3% |
| Max Drawdown | -15.2%Best | -22.8% |
| $10,000 over 5 years | $10,299Best | $9,414 |
| Fund Family | PIMCO (US) | Xtrackers ETFs |
| Category | Tax Preferred | Tax Preferred |
| Style | Municipal Bond | Municipal Bond |
| Inception | Sep 8, 2021 | Jun 4, 2013 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2021 to Oct 14, 2026 (5.1 years).
MINO vs RVNU growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.1 years both funds cover.
MINO vs RVNU Performance
PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) is an ETF from PIMCO (US) and Xtrackers Municipal Infrastructure Revenue Bond Active ETF (RVNU) is an ETF from Xtrackers ETFs. Over the past year MINO returned -2.10% while RVNU returned -2.40%. Year to date, MINO is down 2.95% versus a loss of 2.34% for RVNU.
Over three years, MINO compounded at +3.99% per year against +3.67% for RVNU; over five years the annualized figures are +0.59% and -1.20% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RVNU has been the more volatile fund, with annualized monthly volatility of 10.3% compared with 6.8% for MINO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.2% for MINO and -22.8% for RVNU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
MINO charges 0.39% per year while RVNU charges 0.15%. On a $10,000 position that is $39 vs $15 annually, a gap of $24 per year that compounds over a long holding period. On income, MINO currently yields 4.17% against 3.84% for RVNU.
Holdings Overlap
We hold position weights for 226 holdings in MINO and 115 in RVNU, totalling 33.7% and 35.5% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 14 positions appear in both.
14 positions in common, counted across the 226 positions we hold weights for in MINO and 115 in RVNU, against full books of 1,083 and 513.
Top Shared Holdings
| Stock | Weight in MINO | Weight in RVNU | Difference |
|---|---|---|---|
| NY TRBTRN 5.25 05/15Triborough Bridge & Tunnel Authority 5.25 05/15/2047 | 0.07% | 0.74% | 0.67% |
| TX AUSUTL 5 11/15/20Austin (city Of), Tx, Series 2020 C, Ref. Rb | 0.40% | 0.22% | 0.18% |
| GA MELPWR 5.5 07/01/Municipal Elec Auth Ga 5.50 07/01/2063 | 0.07% | 0.54% | 0.47% |
| TX TXSWTR 4.8 10/15/Texas Water Development Board 4.8 10/15/2052 | 0.08% | 0.53% | 0.45% |
| NY NYTTRN 5 06/30/20New York St Transprtn Dev Corp Spl Fac Revenue 5 2049-06-30 | 0.20% | 0.31% | 0.11% |
| NY NYCUTL 5 06/15/20New York City Municipal Water Finance Authority 5 06/15/2048 | 0.27% | 0.08% | 0.19% |
| OK OKSTRN 5.5 01/01/Oklahoma Transn Auth Ok F/K/A Sys Second Sr Rev Bds 2023 5.5 2053-01-01 | 0.08% | 0.24% | 0.16% |
| CO DENAPT 5 12/01/20Denver Co Arpt 5% 12/01/36 | 0.06% | 0.23% | 0.17% |
| NY TRBGEN 5 12/01/20Triborough Brdg & Tunl Auth N 5% Dec 01, 2050 | 0.23% | 0.03% | 0.20% |
| TX TXSWTR 5 10/15/20Texas Wtr Dev Brd Rev 5% Oct 15, 2049 | 0.03% | 0.20% | 0.17% |
You are not choosing between two funds in isolation.
Whichever of MINO and RVNU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MINO or RVNU?
MINO has an expense ratio of 0.39% while RVNU charges 0.15%. RVNU is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, MINO or RVNU?
Over the past year MINO returned -2.10% vs -2.40% for RVNU, so MINO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MINO or RVNU?
RVNU has been the more volatile fund at 10.3% annualized versus 6.8% for MINO. Worst drawdown: MINO -15.2% vs RVNU -22.8%.
Should I hold both MINO and RVNU?
MINO and RVNU have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, MINO or RVNU?
MINO yields 4.17% while RVNU yields 3.84%, so MINO currently pays the higher dividend yield.
Is RVNU better than MINO?
RVNU has a lower expense ratio. MINO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.