PCEFvsFTMSETF Comparison
VS
Invesco CEF Income Composite ETF (PCEF) belongs to the Multi-Asset: Other segment. Franklin Short-Term Municipal Income ETF (FTMS) is part of the Municipal Bonds segment. PCEF's top 1 sector exposures are Non-Corporate. In contrast, FTMS's top sector exposures are Municipal. PCEF is more expensive with a Total Expense Ratio (TER) of 2.76%, versus 0.22% for FTMS. PCEF is up 5.77% year-to-date (YTD) with -$31M in YTD flows. FTMS performs worse with -0.64% YTD performance, and +$38M in YTD flows. Run a side-by-side ETF comparison of PCEF and FTMS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
PCEF vs FTMS performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/10/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PCEF FTMS | -1.78%-0.87% | +2.36%-1.09% | +5.77%-0.64% | +7.18%n/a | +45.25%n/a | +24.27%n/a |
| Flows | PCEF FTMS | -$1M+$6M | -$20M+$17M | -$31M+$38M | -$44M- | +$38M- | +$14M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PCEF FTMS | +7.95%+1.55% | +9.03%n/a | +10.28%n/a | +11.17%n/a |
| Max drawdown | PCEF FTMS | -2.68%-1.35% | -8.38%n/a | -14.10%n/a | -24.29%n/a |
| Max drawdown duration | PCEF FTMS | 19d72d | 63dn/a | 124dn/a | 1015dn/a |
Trading data
PCEF | FTMS | |
Last sale 9/11/2026 at 3:50 PM | $19.98 | $9.83 |
| Previous close 09/10/2026 | $19.94 | $9.80 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FTMS
is actively managed and doesn’t replicate an indexPCEF | FTMS | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/11/2026 at 3:50 PM
Live
Closed
PCEF | FTMS | |
|---|---|---|
| Last price | $19.98 | $9.83 |
| 1D performance | +0.20% | +0.26% |
| AuM | $796.61 M | $198.28 M |
| E/R | 2.76% | 0.22% |
Characteristics
PCEF | FTMS | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Invesco | Franklin Templeton |
| Benchmark | S-Network Composite Closed-End Fund Index | - |
| N° of holdings | 106 | 48 |
| Asset class | Alternative | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 19, 2010 | October 24, 2025 |
| ESG | No | No |
Advertisement
Exposure
Countries
PCEF
USA
100%
Other
0%
FTMS
USA
26.46%
Other
73.54%
Sectors
PCEF
Non-Corporate
100%
Other
0%
FTMS
Municipal
26.46%
Other
73.54%
Advertisement
Diversification
PCEF
Total weight of top 15 holdings out of 15
38.26%
FTMS
Total weight of top 15 holdings out of 15
17.73%
Top 15 holdings
Data as of July 31, 2026
PCEF
Eaton Vance Tax Managed Global Diversified Equity Income Fund
4.41%
Nuveen S&P 500 Dynamic Overwrite Fund
4.26%
BlackRock Science & Technology Term Trust
2.77%
Eaton Vance Tax Managed Diversified Equity Income Fund
2.73%
BlackRock Enhanced Equity Dividend Trust
2.57%
Nuveen Preferred & Income Opportunities Fund
2.57%
Eaton Vance Tax Managed Buy Write Opportunities Fund
2.46%
BlackRock Corporate High Yield Fund, Inc.
2.44%
BlackRock Science & Technology Trust
2.34%
PIMCO Corporate & Income Opportunity Fund
2.12%
Virtus Dividend Interest & Premium Strategy Fund
2.08%
Nuveen Floating Rate Income Fund /CEF/
2.04%
Guggenheim Strategic Opportunities Fund
2.03%
Eaton Vance Tax Managed Global Buy Write Opportunities Fund
1.75%
BlackRock ESG Capital Allocation Term Trust
1.72%
FTMS
Southeast Energy Authority, 5.25% 1mar2055, USD (2025B)
1.52%
US091097AA35
1.38%
US69068WAD56
1.26%
Main Street Natural Gas Inc., 4% 1jul2052, USD (2021A)
1.23%
California State University, 0.55% 1nov2049, USD (2016B-2)
1.19%
US686865AR74
1.16%
Texas Municipal Gas Acquisition and Supply Corp., 5% 1apr2036, USD (2026)
1.14%
California Community Choice Financing Authority, 5% 1nov2055, USD (2024G)
1.13%
City of Los Angeles, 5% 24jun2027, USD (2026)
1.11%
St. John the Baptist Parish, 3.3% 1jun2037, USD (2017)
1.11%
Kentucky Public Energy Authority, 5% 1dec2033, USD (2025)
1.11%
Newark, 4.25% 5may2027, USD (2026)
1.10%
US56035DDP42
1.10%
US773661AB90
1.10%
Southeast Energy Authority, 4% 1dec2051, USD
1.09%
Frequently asked questions about PCEF and FTMS
How have the PCEF and FTMS ETFs performed in 2026?
As of September 10, 2026, PCEF is up 5.77% year-to-date (YTD), while FTMS has lost -0.64%. That puts PCEF better performer ahead so far this year.
Which ETF is attracting more investor money: PCEF or FTMS?
Year-to-date, the PCEF ETF saw -$31M in flows, compared to +$38M for FTMS.
Which ETF is bigger: PCEF or FTMS?
As of September 10, 2026, PCEF holds $796.61 M in assets under management (AUM), while FTMS manages $198.28 M.
What sectors do the PCEF and FTMS ETFs invest in?
PCEF leans toward sectors like Non-Corporate. Meanwhile, FTMS focuses on Municipal.
What are the top holdings of the PCEF ETF and FTMS ETF?
PCEF top holdings include Eaton Vance Tax Managed Global Diversified Equity Income Fund, Nuveen S&P 500 Dynamic Overwrite Fund and BlackRock Science & Technology Term Trust. FTMS holds in its top three: Southeast Energy Authority, 5.25% 1mar2055, USD (2025B), US091097AA35 and US69068WAD56.
Which ETF is more diversified: PCEF or FTMS?
PCEF holds 106 securities with 38.26% of its assets in the top 15. FTMS has 245 securities and a top 15 weight of 17.73%.
Advertisement
Advertisement
