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MUNIvsMINOETF Comparison

ETF 1
MUNI

PIMCO Intermediate Municipal Bond Active ETF

This fund is part of
Municipal Bonds
-0%
VS
ETF 2
MINO

PIMCO Municipal Income Opportunities Active ETF

This fund is part of
Municipal Bonds
-0%

PIMCO Intermediate Municipal Bond Active ETF (MUNI) and PIMCO Municipal Income Opportunities Active ETF (MINO) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 2 sector exposures: Municipal and Sovereign. MUNI is less expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.49% for MINO. MUNI is down -1.74% year-to-date (YTD) with +$1.06B in YTD flows. MINO performs worse with -2.06% YTD performance, and +$441M in YTD flows. Run a side-by-side ETF comparison of MUNI and MINO 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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MUNI vs MINO performance and flow charts

Performance

-3.0-2.0-1.00.0%Sep 16Sep 23Sep 30Oct 7Oct 14

Cumulative Flows

0 M100 M200 M300 M400 MSep 16Sep 23Sep 30Oct 7Oct 14

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Historic performance and flows
Data as of 10/16/2026
1M3MYTD1Y3Y5Y
Perf.
MUNI
MINO
-0.25%-0.61%
-2.84%-3.87%
-1.74%-2.06%
-1.19%-1.54%
+11.22%+13.46%
+3.35%+2.26%
Flows
MUNI
MINO
+$389M+$125M
+$492M+$180M
+$1.06B+$441M
+$1.29B+$528M
+$2.49B+$817M
+$2.92B+$866M
Volatility and drawdown
3M1Y3Y5Y
Volatility
MUNI
MINO
+4.43%+5.61%
+2.75%+3.40%
+3.19%+3.98%
+3.12%+4.07%
Max drawdown
MUNI
MINO
-4.95%-6.24%
-5.76%-6.92%
-5.76%-6.92%
-10.90%-16.36%
Max drawdown duration
MUNI
MINO
92d92d
229d103d
229d103d
975d1006d
Trading data

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MUNI
MINO
Last sale
10/16/2026 at 1:30 PM
$50.41
$43.23
Previous close
10/15/2026
$50.38
$43.18
Consolidated volume
10/15/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
MUNI
MINO
Last price
$50.41
$43.23
1D performance
+0.06%
+0.12%
AuM$3.47 B$872.85 M
E/R0.35%0.49%
Characteristics
MUNI
MINO
Management strategyActiveActive
ProviderPIMCOPIMCO
Benchmark--
N° of holdings143116
Asset class--
Trailing 12m distribution yield
Join
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Inception dateNovember 30, 2009September 8, 2021
ESGNoNo
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Exposure

Countries

MUNI
USA
46.28%
Other
53.72%
MINO
USA
46.28%
Other
53.72%

Sectors

MUNI
Municipal
42.7%
Other
57.3%
MINO
Municipal
44.65%
Other
55.35%
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Diversification

MUNI

Total weight of top 15 holdings out of 15

15.11%
MINO

Total weight of top 15 holdings out of 15

17.47%

Top 15 holdings

Data as of August 31, 2026
MUNI
USA, Notes 4.25% 31jul2028, USD (BE-2028)
2.16%
US19648FJ880
1.18%
Black Belt Energy Gas District, 5% 1jan2034, USD (2026)
1.12%
US407287NG24
1.05%
Texas Municipal Gas Acquisition and Supply Corp., 5% 1apr2036, USD (2026)
1.00%
Fort Bend Independent School District, FRN 1aug2055, USD (2025B)
0.97%
Puerto Rico Sales Tax Financing Corp., 0% 1jul2046, USD (10001D)
0.97%
US20775DL830
0.96%
US31350ADW53
0.85%
US67756AH960
0.84%
New York Transitional Finance Authority, FRN 1nov2042, USD (2014)
0.84%
New York Municipal Water Finance Authority, FRN 15jun2048, USD (2014)
0.84%
Aquarion Water Authority, 5.25% 1feb2033, USD (2026)
0.80%
US594654K382
0.79%
Kentucky Public Energy Authority, 5% 1may2036, USD (2025)
0.75%
MINO
US20775DTS17
1.90%
USA, Notes 4.25% 31jul2028, USD (BE-2028)
1.63%
Georgia Municipal Electric Authority, 5% 1jan2049, USD (2019A)
1.49%
New York Transitional Finance Authority, 5.25% 1may2048, USD (2025D)
1.27%
US544446BA48
1.22%
US60412AM678
1.05%
Puerto Rico Sales Tax Financing Corp., 0% 1jul2046, USD (10001D)
1.05%
Pennsylvania Turnpike Commission, 5% 1dec2040, USD (2026)
1.03%
US882118AS16
1.02%
Black Belt Energy Gas District, 5% 1jan2034, USD (2026)
0.99%
Cuyahoga, 5% 1dec2051, USD (2026)
0.98%
US590545J420
0.98%
US5755793L99
0.97%
US87638QSL40
0.95%
US45204FAH82
0.95%
Frequently asked questions about MUNI and MINO

How have the MUNI and MINO ETFs performed in 2026?

As of October 16, 2026, MUNI is down -1.74% year-to-date (YTD), while MINO has lost -2.06%. That puts MUNI better performer ahead so far this year.

Which ETF is attracting more investor money: MUNI or MINO?

Year-to-date, the MUNI ETF saw +$1.06B in flows, compared to +$441M for MINO.

Which ETF is more volatile: MUNI or MINO?

Over the past year, MUNI had a volatility of 2.75%, while MINO experienced 3.4%.

Which ETF is bigger: MUNI or MINO?

As of October 16, 2026, MUNI holds $3.47 B in assets under management (AUM), while MINO manages $872.85 M.

What sectors do the MUNI and MINO ETFs invest in?

MUNI leans toward sectors like Municipal. Meanwhile, MINO focuses on Municipal.

What are the top holdings of the MUNI ETF and MINO ETF?

MUNI top holdings include USA, Notes 4.25% 31jul2028, USD (BE-2028), US19648FJ880 and Black Belt Energy Gas District, 5% 1jan2034, USD (2026). MINO holds in its top three: US20775DTS17, USA, Notes 4.25% 31jul2028, USD (BE-2028) and Georgia Municipal Electric Authority, 5% 1jan2049, USD (2019A).

Which ETF is more diversified: MUNI or MINO?

MUNI holds 351 securities with 15.11% of its assets in the top 15. MINO has 281 securities and a top 15 weight of 17.47%.

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