IBMO vs IIM

Comparison between ISHARES IBONDS DEC 2026 TERM MUNI BOND ETF (IBMO, ETF) and Invesco Value Municipal Income Trust (IIM, ETF).

5-Year PerformanceIBMO has outperformed IIM, delivering a return of +0.7% compared to +0.5%

IBMO vs IIM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBMO(ETF)	IIM(ETF)
Net Assets	$582M	$581M
Expense Ratio	0.18%	N/A
Max Drawdown	14.77%	46.54%
Sharpe Ratio	-0.83	1.01
5Y Beta	0.01	0.20
5Y Dividends CAGR	22.17%	4.77%

Net Assets

Winner

IBMO

$582M

IIM

$581M

Expense Ratio

IBMO

0.18%

IIM

N/A

Max Drawdown

Winner

IBMO

14.77%

IIM

46.54%

Sharpe Ratio

IBMO

-0.83

Winner

IIM

1.01

5Y Beta

Winner

IBMO

0.01

IIM

0.20

5Y Dividends CAGR

Winner

IBMO

22.17%

IIM

4.77%

IBMO vs IIM - Historical Returns

Returns include dividend reinvestment.

Period	IBMO	IIM
1 month	+0.13%	+3.38%
3 months	+0.54%	-2.53%
6 months	+1.02%	+2.12%
1 year	+2.74%	+14.87%
5 years(CAGR)	+0.66%	+0.54%
10 years(CAGR)	N/A	+2.06%
Max(CAGR)	+1.83%	+5.55%

IBMO

+0.13%

Winner

IIM

+3.38%

Winner

IBMO

+0.54%

IIM

-2.53%

IBMO

+1.02%

Winner

IIM

+2.12%

IBMO

+2.74%

Winner

IIM

+14.87%

5Y(CAGR)

Winner

IBMO

+0.66%

IIM

+0.54%

10Y(CAGR)

IBMO

N/A

IIM

+2.06%

Max(CAGR)

IBMO

+1.83%

Winner

IIM

+5.55%

IBMO vs IIM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IBMO	IIM
2026	+1.00%	+3.62%
2025	+3.15%	+10.49%
2024	+2.05%	+8.05%
2023	+2.72%	+1.96%
2022	-5.31%	-24.99%
2021	-0.16%	+14.43%
2020	+5.38%	+6.40%
2019	+4.69%	+16.89%
2018	N/A	-3.94%
2017	N/A	+6.76%
2016	N/A	-6.13%
2015	N/A	+4.87%
2014	N/A	+27.82%
2013	N/A	-15.82%
2012	N/A	+10.32%
2011	N/A	+26.65%
2010	N/A	+2.22%
2009	N/A	+35.02%
2008	N/A	-16.26%
2007	N/A	-1.26%
2006	N/A	+9.16%
2005	N/A	+6.85%
2004	N/A	+0.01%
2003	N/A	+13.26%
2002	N/A	+10.83%
2001	N/A	+8.90%
2000	N/A	+9.86%
1999	N/A	-5.21%

IBMO vs IIM Drawdown Comparison

The maximum drawdown for IBMO was -14.77%, occurring on Mar 20, 2020. Recovery took 88 trading sessions.

The maximum drawdown for IIM was -40.17%, occurring on Oct 10, 2008. Recovery took 364 trading sessions.

The current IBMO drawdown is -0.04%. The current IIM drawdown is -4.38%.

Rank	IBMO	IIM
#1	-14.77% Mar 9, 2020 - Jul 14, 2020	-40.17% Feb 12, 2008 - Jul 23, 2009
#2	-8.91% Feb 12, 2021 - Jun 20, 2025	-35.72% Dec 31, 2021 - Oct 26, 2023
#3	-2.02% Aug 16, 2019 - Jan 13, 2020	-28.68% Mar 6, 2020 - Nov 30, 2020
#4	-0.73% Aug 7, 2020 - Nov 17, 2020	-21.70% Jan 9, 2013 - Oct 3, 2014
#5	-0.39% Jan 31, 2020 - Feb 20, 2020	-18.68% Jul 11, 2016 - Aug 2, 2019
#6	-0.38% Sep 15, 2025 - Nov 17, 2025	-17.73% Sep 8, 2010 - Aug 22, 2011
#7	-0.32% Jan 5, 2021 - Jan 27, 2021	-16.13% Jan 29, 2015 - Jan 4, 2016
#8	-0.29% Dec 24, 2025 - Jan 21, 2026	-13.63% Mar 8, 2004 - Jun 16, 2005
#9	-0.26% Apr 10, 2019 - Apr 24, 2019	-13.17% Mar 9, 2012 - Jan 2, 2013
#10	-0.25% Aug 12, 2019 - Aug 14, 2019	-10.27% Nov 4, 1999 - Jul 6, 2000
#11	-0.20% Jun 3, 2019 - Jun 18, 2019	-10.27% Sep 13, 2000 - Jan 8, 2001
#12	-0.18% Jul 2, 2019 - Jul 9, 2019	-9.06% Jun 16, 2003 - Dec 16, 2003
#13	-0.16% Feb 26, 2026 - Mar 13, 2026	-8.74% May 15, 2007 - Jan 14, 2008
#14	-0.16% Apr 4, 2019 - Apr 10, 2019	-7.97% Sep 14, 2021 - Dec 31, 2021
#15	-0.16% Feb 27, 2020 - Mar 3, 2020	-7.40% Oct 8, 2009 - Dec 17, 2009

Correlation

Correlation between IBMO and IIM is 0.79 which considered as a strong positive correlation - the stocks tend to move together.

0.79

-101

Dividend Comparison (2000 - 2026)

IBMO vs IIM dividend yield comparison.

Year	IBMO	IIM
2026	0.99%	3.11%
2025	2.37%	7.51%
2024	2.15%	6.58%
2023	1.65%	4.72%
2022	0.89%	5.87%
2021	0.62%	4.51%
2020	1.03%	4.48%
2019	1.01%	4.61%
2018	0.00%	5.43%
2017	0.00%	4.99%
2016	0.00%	5.52%
2015	0.00%	5.20%
2014	0.00%	5.49%
2013	0.00%	6.67%
2012	0.00%	5.35%
2011	0.00%	5.50%
2010	0.00%	6.44%
2009	0.00%	5.70%
2008	0.00%	7.39%
2007	0.00%	5.22%
2006	0.00%	5.82%
2005	0.00%	6.10%
2004	0.00%	6.47%
2003	0.00%	8.03%
2002	0.00%	5.82%
2001	0.00%	5.68%
2000	0.00%	2.54%