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GTOCvsSUBETF Comparison

ETF 1

GTOC

Invesco Core Fixed Income ETF

This fund is part of

Intl IG Bonds

+0%

Full GTOC fund page

VS

ETF 2

SUB

iShares Short-Term National Muni Bond ETF

This fund is part of

Municipal Bonds

-0%

Full SUB fund page

Invesco Core Fixed Income ETF (GTOC) belongs to the Intl IG Bonds segment. iShares Short-Term National Muni Bond ETF (SUB) is part of the Municipal Bonds segment. GTOC's top 3 sector exposures are Sovereign, Finance and Industrials. In contrast, SUB's top sector exposures are Municipal and Non-Corporate. GTOC is more expensive with a Total Expense Ratio (TER) of 0.28%, versus 0.07% for SUB. GTOC is down -4.05% year-to-date (YTD) with +$182M in YTD flows. SUB performs better with 0.64% YTD performance, and +$2.50B in YTD flows. Run a side-by-side ETF comparison of GTOC and SUB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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GTOC vs SUB performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	GTOC SUB	-0.26%+0.09%	-2.65%-0.38%	-4.05%+0.64%	-4.17%+1.13%	n/a+9.28%	n/a+7.37%
Flows	GTOC SUB	-$20M+$1.05B	+$17M+$1.51B	+$182M+$2.50B	+$288M+$2.84B	-+$3.82B	-+$6.63B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	GTOC SUB	+4.44%+1.90%	+3.94%+1.15%	n/a+1.17%	n/a+1.22%
Max drawdown	GTOC SUB	-3.93%-1.94%	-6.40%-1.94%	n/a-1.94%	n/a-3.94%
Max drawdown duration	GTOC SUB	89d52d	229d52d	n/a52d	n/a771d

Trading data

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	GTOC	SUB
Last sale 10/19/2026 at 1:30 PM	$24.06	$105.28
Previous close 10/16/2026	$24.16	$105.28
Consolidated volume 10/16/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 20, 2026

1-year trailing difference

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GTOC

is actively managed and doesn’t replicate an index

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	GTOC	SUB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/19/2026 at 1:30 PM

Live

Closed

	GTOC	SUB
Last price	$24.06	$105.28
1D performance	-0.44%	+0.00%
AuM	$350.51 M	$12.74 B
E/R	0.28%	0.07%

Characteristics

	GTOC	SUB
Management strategy	Active	Passive
Provider	Invesco	iShares
Benchmark	-	ICE Short Maturity AMT-Free US National Municipal Index
N° of holdings	706	1169
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	July 23, 2025	November 5, 2008
ESG	No	No

More GTOC data on Trackinsight

More SUB data on Trackinsight

Exposure

Countries

GTOC

USA

39.4%

Other

60.6%

SUB

USA

46.89%

Other

53.11%

Sectors

GTOC

Sovereign

20.98%

Finance

12.2%

Other

66.82%

SUB

Municipal

46.88%

Other

53.12%

Diversification

GTOC

Total weight of top 15 holdings out of 15

45%

SUB

Total weight of top 15 holdings out of 15

3.97%

Top 15 holdings

Data as of August 31, 2026

GTOC

USA, Notes 4.25% 31jul2028, USD (BE-2028)

7.72%

US91282CRF04

7.70%

USA, Bonds 5% 15may2056, USD

6.40%

USA, Notes 4.375% 31jul2031, USD (AB-2031)

5.10%

US21H0226975

2.40%

US01F0526982

2.16%

US91282CRG86

1.91%

US01F0306948

1.65%

US01F0506927

1.63%

US3140Q3DG81

1.63%

US21H0206910

1.60%

US01F0606917

1.48%

US912810UX45

1.25%

US01F0326904

1.25%

US04009GBE61

1.12%

SUB

US13063EUS35

0.44%

New Jersey Economic Development Authority, 5% 1mar2028, USD (2023)

0.36%

US64972JWP91

0.33%

New York Municipal Water Finance Authority, FRN 15jun2053, USD (2023)

0.27%

US13063EDB92

0.26%

US89602RPH20

0.25%

Empire State Development Corp., 5% 15sep2028, USD (2022A)

0.25%

US91412HWB58

0.24%

US646140JM63

0.24%

California, 5% 1nov2027, USD

0.23%

California, 5% 1apr2029, USD

0.23%

US812643H643

0.23%

US373385QU02

0.22%

City of New York, FRN 1feb2056, USD (2026)

0.22%

US207758Y563

0.20%

Frequently asked questions about GTOC and SUB

How have the GTOC and SUB ETFs performed in 2026?

As of October 16, 2026, GTOC is down -4.05% year-to-date (YTD), while SUB has returned 0.64%. That puts SUB better performer ahead so far this year.

Which ETF is attracting more investor money: GTOC or SUB?

Year-to-date, the GTOC ETF saw +$182M in flows, compared to +$2.50B for SUB.

Which ETF is more volatile: GTOC or SUB?

Over the past year, GTOC had a volatility of 3.94%, while SUB experienced 1.15%.

Which ETF is bigger: GTOC or SUB?

As of October 16, 2026, GTOC holds $350.51 M in assets under management (AUM), while SUB manages $12.74 B.

What sectors do the GTOC and SUB ETFs invest in?

GTOC leans toward sectors like Sovereign and Finance. Meanwhile, SUB focuses on Municipal.

What are the top holdings of the GTOC ETF and SUB ETF?

GTOC top holdings include USA, Notes 4.25% 31jul2028, USD (BE-2028), US91282CRF04 and USA, Bonds 5% 15may2056, USD. SUB holds in its top three: US13063EUS35, New Jersey Economic Development Authority, 5% 1mar2028, USD (2023) and US64972JWP91.

Which ETF is more diversified: GTOC or SUB?

GTOC holds 872 securities with 45% of its assets in the top 15. SUB has 2884 securities and a top 15 weight of 3.97%.

Investing in Municipal Bond ETFs

October 24, 2022

SUB

GTOCvsSUBETF Comparison

Invesco Core Fixed Income ETF

iShares Short-Term National Muni Bond ETF

GTOC vs SUB performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the GTOC and SUB ETFs performed in 2026?

As of October 16, 2026, GTOC is down -4.05% year-to-date (YTD), while SUB has returned 0.64%. That puts SUB better performer ahead so far this year.

Which ETF is attracting more investor money: GTOC or SUB?

Year-to-date, the GTOC ETF saw +$182M in flows, compared to +$2.50B for SUB.

Which ETF is more volatile: GTOC or SUB?

Over the past year, GTOC had a volatility of 3.94%, while SUB experienced 1.15%.

Which ETF is bigger: GTOC or SUB?

As of October 16, 2026, GTOC holds $350.51 M in assets under management (AUM), while SUB manages $12.74 B.

What sectors do the GTOC and SUB ETFs invest in?

GTOC leans toward sectors like Sovereign and Finance. Meanwhile, SUB focuses on Municipal.

What are the top holdings of the GTOC ETF and SUB ETF?

GTOC top holdings include USA, Notes 4.25% 31jul2028, USD (BE-2028), US91282CRF04 and USA, Bonds 5% 15may2056, USD. SUB holds in its top three: US13063EUS35, New Jersey Economic Development Authority, 5% 1mar2028, USD (2023) and US64972JWP91.

Which ETF is more diversified: GTOC or SUB?

GTOC holds 872 securities with 45% of its assets in the top 15. SUB has 2884 securities and a top 15 weight of 3.97%.

Investing in Municipal Bond ETFs

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