GDO vs IBMT

Comparison between Western Asset Global Corporate Defined Opportunity Fund Inc (GDO, ETF) and ISHARES IBONDS DEC 2031 TERM MUNI BOND ETF (IBMT, ETF).

GDO vs IBMT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GDO(ETF)	IBMT(ETF)
Net Assets	$88M	$88M
Expense Ratio	N/A	0.18%
Max Drawdown	50.42%	3.33%
Sharpe Ratio	0.24	0.76
5Y Beta	0.32	0.02
5Y Dividends CAGR	5.53%	N/A

Net Assets

Winner

GDO

$88M

IBMT

$88M

Expense Ratio

GDO

N/A

IBMT

0.18%

Max Drawdown

GDO

50.42%

Winner

IBMT

3.33%

Sharpe Ratio

GDO

0.24

Winner

IBMT

0.76

5Y Beta

GDO

0.32

Winner

IBMT

0.02

5Y Dividends CAGR

GDO

5.53%

IBMT

N/A

GDO vs IBMT - Historical Returns

Returns include dividend reinvestment.

Period	GDO	IBMT
1 month	-2.17%	+0.30%
3 months	-1.50%	-0.57%
6 months	-3.55%	+0.47%
1 year	+5.38%	+6.03%
5 years(CAGR)	-0.30%	N/A
10 years(CAGR)	+4.11%	N/A
Max(CAGR)	+4.76%	+6.17%

GDO

-2.17%

Winner

IBMT

+0.30%

GDO

-1.50%

Winner

IBMT

-0.57%

GDO

-3.55%

Winner

IBMT

+0.47%

GDO

+5.38%

Winner

IBMT

+6.03%

5Y(CAGR)

GDO

-0.30%

IBMT

N/A

10Y(CAGR)

GDO

+4.11%

IBMT

N/A

Max(CAGR)

GDO

+4.76%

Winner

IBMT

+6.17%

GDO vs IBMT - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	GDO	IBMT
2026	-5.10%	+0.11%
2025	+18.64%	+7.23%
2024	-1.89%	N/A
2023	+8.83%	N/A
2022	-20.30%	N/A
2021	+4.94%	N/A
2020	+5.71%	N/A
2019	+29.41%	N/A
2018	-10.61%	N/A
2017	+13.47%	N/A
2016	+17.50%	N/A
2015	-5.86%	N/A
2014	+6.01%	N/A
2013	-5.24%	N/A
2012	+23.68%	N/A
2011	+8.24%	N/A
2010	-2.42%	N/A
2009	-0.15%	N/A

GDO vs IBMT Drawdown Comparison

The maximum drawdown for GDO was -34.56%, occurring on Sep 30, 2022. Recovery took 1080 trading sessions.

The maximum drawdown for IBMT was -3.18%, occurring on Apr 11, 2025. Recovery took 47 trading sessions.

The current GDO drawdown is -5.58%. The current IBMT drawdown is -1.69%.

Rank	GDO	IBMT
#1	-34.56% Sep 10, 2021 - Dec 30, 2025	-3.18% Apr 4, 2025 - Jun 12, 2025
#2	-32.81% Feb 21, 2020 - Oct 9, 2020	-3.09% Feb 26, 2026 - Mar 26, 2026
#3	-15.63% Jan 24, 2013 - Feb 24, 2015	-0.96% Sep 18, 2025 - Oct 13, 2025
#4	-13.67% Dec 17, 2009 - Sep 21, 2010	-0.52% Oct 13, 2025 - Dec 3, 2025
#5	-12.02% Oct 19, 2017 - Feb 27, 2019	-0.35% Jul 9, 2025 - Aug 1, 2025
#6	-11.58% Apr 23, 2015 - May 5, 2016	-0.35% Dec 3, 2025 - Dec 24, 2025
#7	-10.90% Jul 1, 2011 - Dec 23, 2011	-0.27% Jan 9, 2026 - Jan 28, 2026
#8	-8.27% Dec 30, 2025 - Mar 30, 2026	-0.24% Mar 26, 2025 - Mar 28, 2025
#9	-7.85% Oct 22, 2012 - Dec 19, 2012	-0.23% Jan 28, 2026 - Feb 3, 2026
#10	-7.27% Nov 5, 2010 - May 10, 2011	-0.22% Feb 17, 2026 - Feb 26, 2026
#11	-6.87% Sep 7, 2016 - Feb 2, 2017	-0.21% Sep 9, 2025 - Sep 11, 2025
#12	-6.85% Feb 12, 2021 - May 17, 2021	-0.18% Aug 12, 2025 - Aug 22, 2025
#13	-5.42% Oct 9, 2020 - Nov 19, 2020	-0.16% Jun 12, 2025 - Jun 16, 2025
#14	-3.26% Jan 2, 2020 - Feb 19, 2020	-0.14% Sep 2, 2025 - Sep 4, 2025
#15	-2.99% Apr 15, 2019 - Jun 17, 2019	-0.12% Aug 22, 2025 - Sep 2, 2025

Correlation

Correlation between GDO and IBMT is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2010 - 2026)

GDO vs IBMT dividend yield comparison.

Year	GDO	IBMT
2026	5.74%	1.00%
2025	12.40%	2.98%
2024	12.04%	0.00%
2023	9.52%	0.00%
2022	9.49%	0.00%
2021	6.93%	0.00%
2020	6.70%	0.00%
2019	6.65%	0.00%
2018	8.41%	0.00%
2017	7.57%	0.00%
2016	7.96%	0.00%
2015	8.62%	0.00%
2014	7.77%	0.00%
2013	7.78%	0.00%
2012	7.30%	0.00%
2011	8.61%	0.00%
2010	8.70%	0.00%