FIGB vs IQI

Comparison between FIDELITY INVESTMENT GRADE BOND ETF (FIGB, ETF) and Invesco Quality Municipal Income Trust (IQI, ETF).

5-Year PerformanceIQI has outperformed FIGB, delivering a return of +0.1% compared to -0.0%

FIGB vs IQI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FIGB(ETF)	IQI(ETF)
Net Assets	$520M	$521M
Expense Ratio	0.36%	N/A
Max Drawdown	21.47%	55.16%
Sharpe Ratio	-0.34	1.14
5Y Beta	0.02	0.25
5Y Dividends CAGR	48.74%	5.73%

Net Assets

FIGB

$520M

Winner

IQI

$521M

Expense Ratio

FIGB

0.36%

IQI

N/A

Max Drawdown

Winner

FIGB

21.47%

IQI

55.16%

Sharpe Ratio

FIGB

-0.34

Winner

IQI

1.14

5Y Beta

Winner

FIGB

0.02

IQI

0.25

5Y Dividends CAGR

Winner

FIGB

48.74%

IQI

5.73%

FIGB vs IQI - Historical Returns

Returns include dividend reinvestment.

Period	FIGB	IQI
1 month	+0.71%	+2.04%
3 months	+0.30%	+5.32%
6 months	-1.23%	+3.12%
1 year	+2.64%	+15.48%
5 years(CAGR)	-0.02%	+0.11%
10 years(CAGR)	N/A	+2.47%
Max(CAGR)	+0.40%	+5.38%

FIGB

+0.71%

Winner

IQI

+2.04%

FIGB

+0.30%

Winner

IQI

+5.32%

FIGB

-1.23%

Winner

IQI

+3.12%

FIGB

+2.64%

Winner

IQI

+15.48%

5Y(CAGR)

FIGB

-0.02%

Winner

IQI

+0.11%

10Y(CAGR)

FIGB

N/A

IQI

+2.47%

Max(CAGR)

FIGB

+0.40%

Winner

IQI

+5.38%

FIGB vs IQI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FIGB	IQI
2026	+0.34%	+6.71%
2025	+7.05%	+8.56%
2024	+1.63%	+9.98%
2023	+6.17%	+4.31%
2022	-12.86%	-27.10%
2021	+1.77%	+9.25%
2020	N/A	+8.86%
2019	N/A	+15.59%
2018	N/A	-4.47%
2017	N/A	+6.13%
2016	N/A	+2.85%
2015	N/A	+8.13%
2014	N/A	+19.39%
2013	N/A	-14.68%
2012	N/A	+7.81%
2011	N/A	+19.74%
2010	N/A	+8.35%
2009	N/A	+33.00%
2008	N/A	-20.84%
2007	N/A	-8.00%
2006	N/A	+10.77%
2005	N/A	+10.91%
2004	N/A	+1.23%
2003	N/A	+11.68%
2002	N/A	+7.07%
2001	N/A	+9.01%
2000	N/A	+16.17%
1999	N/A	-6.11%

FIGB vs IQI Drawdown Comparison

The maximum drawdown for FIGB was -18.08%, occurring on Oct 24, 2022. Recovery took 1108 trading sessions.

The maximum drawdown for IQI was -50.21%, occurring on Oct 10, 2008. Recovery took 692 trading sessions.

The current FIGB drawdown is -1.56%. The current IQI drawdown is -1.24%.

Rank	FIGB	IQI
#1	-18.08% Sep 14, 2021 - Feb 12, 2026	-50.21% May 7, 2007 - Feb 3, 2010
#2	-2.93% Feb 27, 2026 - May 19, 2026	-35.34% Jul 29, 2021 - Jul 14, 2026
#3	-1.04% Aug 2, 2021 - Sep 14, 2021	-26.28% Mar 4, 2020 - Nov 24, 2020
#4	-0.98% Mar 4, 2021 - Apr 13, 2021	-22.85% Jul 25, 2012 - Jan 13, 2015
#5	-0.97% May 7, 2021 - Jun 4, 2021	-18.18% Sep 30, 2010 - Oct 28, 2011
#6	-0.52% Jul 8, 2021 - Jul 19, 2021	-13.33% Aug 18, 2016 - Apr 10, 2019
#7	-0.50% Apr 21, 2021 - May 7, 2021	-11.24% Mar 23, 2004 - Feb 4, 2005
#8	-0.48% Jun 18, 2021 - Jun 30, 2021	-10.07% Jun 17, 2003 - Jan 15, 2004
#9	-0.43% Jun 10, 2021 - Jun 18, 2021	-9.68% Nov 5, 1999 - Feb 3, 2000
#10	-0.42% Jul 19, 2021 - Aug 2, 2021	-9.35% Feb 2, 2015 - Dec 1, 2015
#11	-0.23% Apr 16, 2021 - Apr 20, 2021	-8.54% Sep 12, 2000 - Jan 2, 2001
#12	-0.21% Feb 17, 2026 - Feb 23, 2026	-7.40% Mar 1, 2012 - Jun 11, 2012
#13	-0.18% Jun 30, 2021 - Jul 2, 2021	-7.23% Oct 2, 2002 - Feb 27, 2003
#14	-0.05% Feb 24, 2026 - Feb 26, 2026	-7.19% Feb 4, 2002 - Jul 10, 2002
#15	-0.01% Jun 4, 2021 - Jun 8, 2021	-7.14% Feb 8, 2000 - Jul 18, 2000

Correlation

Correlation between FIGB and IQI is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2000 - 2026)

FIGB vs IQI dividend yield comparison.

Year	FIGB	IQI
2026	2.32%	5.00%
2025	4.15%	7.60%
2024	4.28%	6.48%
2023	3.79%	4.70%
2022	2.44%	5.82%
2021	1.10%	4.53%
2020	0.00%	4.61%
2019	0.00%	4.88%
2018	0.00%	6.04%
2017	0.00%	5.33%
2016	0.00%	6.15%
2015	0.00%	6.08%
2014	0.00%	6.24%
2013	0.00%	7.39%
2012	0.00%	6.43%
2011	0.00%	6.46%
2010	0.00%	6.96%
2009	0.00%	6.59%
2008	0.00%	7.30%
2007	0.00%	5.66%
2006	0.00%	6.73%
2005	0.00%	7.70%
2004	0.00%	6.33%
2003	0.00%	8.51%
2002	0.00%	8.43%
2001	0.00%	8.85%
2000	0.00%	2.65%