IBMQ vs TWN

Comparison between ISHARES IBONDS DEC 2028 TERM MUNI BOND ETF (IBMQ, ETF) and Taiwan Fund Inc (TWN, ETF).

5-Year PerformanceTWN has outperformed IBMQ, delivering a return of +28.5% compared to +0.4%

IBMQ vs TWN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBMQ(ETF)	TWN(ETF)
Net Assets	$653M	$652M
Expense Ratio	0.18%	N/A
Max Drawdown	15.85%	71.62%
Sharpe Ratio	-0.89	2.56
5Y Beta	0.03	0.92
5Y Dividends CAGR	15.19%	13.36%

Net Assets

Winner

IBMQ

$653M

TWN

$652M

Expense Ratio

IBMQ

0.18%

TWN

N/A

Max Drawdown

Winner

IBMQ

15.85%

TWN

71.62%

Sharpe Ratio

IBMQ

-0.89

Winner

TWN

2.56

5Y Beta

Winner

IBMQ

0.03

TWN

0.92

5Y Dividends CAGR

Winner

IBMQ

15.19%

TWN

13.36%

IBMQ vs TWN - Historical Returns

Returns include dividend reinvestment.

Period	IBMQ	TWN
1 month	+0.09%	-13.33%
3 months	+0.50%	+5.48%
6 months	+0.72%	+59.76%
1 year	+2.71%	+111.75%
5 years(CAGR)	+0.39%	+28.48%
10 years(CAGR)	N/A	+27.26%
Max(CAGR)	+2.00%	+10.73%

Winner

IBMQ

+0.09%

TWN

-13.33%

IBMQ

+0.50%

Winner

TWN

+5.48%

IBMQ

+0.72%

Winner

TWN

+59.76%

IBMQ

+2.71%

Winner

TWN

+111.75%

5Y(CAGR)

IBMQ

+0.39%

Winner

TWN

+28.48%

10Y(CAGR)

IBMQ

N/A

TWN

+27.26%

Max(CAGR)

IBMQ

+2.00%

Winner

TWN

+10.73%

IBMQ vs TWN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IBMQ	TWN
2026	+1.00%	+60.49%
2025	+3.96%	+54.22%
2024	+0.83%	+35.45%
2023	+3.77%	+51.64%
2022	-6.60%	-40.37%
2021	-0.23%	+55.56%
2020	+6.79%	+36.34%
2019	+5.39%	+48.10%
2018	N/A	-19.52%
2017	N/A	+32.76%
2016	N/A	+11.50%
2015	N/A	-8.90%
2014	N/A	-0.30%
2013	N/A	+16.46%
2012	N/A	+12.23%
2011	N/A	-23.34%
2010	N/A	+31.46%
2009	N/A	+52.57%
2008	N/A	-45.73%
2007	N/A	+12.03%
2006	N/A	+19.43%
2005	N/A	+14.40%
2004	N/A	+7.28%
2003	N/A	+30.77%
2002	N/A	-26.97%
2001	N/A	+10.64%
2000	N/A	-49.79%
1999	N/A	+13.98%

IBMQ vs TWN Drawdown Comparison

The maximum drawdown for IBMQ was -15.85%, occurring on Mar 23, 2020. Recovery took 88 trading sessions.

The maximum drawdown for TWN was -71.07%, occurring on Sep 20, 2001. Recovery took 2057 trading sessions.

The current IBMQ drawdown is -0.14%. The current TWN drawdown is -13.77%.

Rank	IBMQ	TWN
#1	-15.85% Mar 9, 2020 - Jul 14, 2020	-71.07% Feb 8, 2000 - Apr 16, 2008
#2	-11.60% Feb 11, 2021 - Sep 4, 2025	-64.47% Apr 16, 2008 - May 8, 2014
#3	-2.44% Aug 28, 2019 - Jan 14, 2020	-51.72% Jan 3, 2022 - Feb 12, 2024
#4	-1.87% Aug 7, 2020 - Dec 10, 2020	-36.26% Jan 17, 2020 - Jul 2, 2020
#5	-1.13% Feb 27, 2026 - Jun 25, 2026	-29.83% Jan 6, 2025 - Jun 9, 2025
#6	-0.87% Sep 18, 2025 - Jan 5, 2026	-27.91% Jan 25, 2018 - Oct 17, 2019
#7	-0.56% Jan 31, 2020 - Feb 20, 2020	-27.43% May 11, 2015 - Mar 29, 2017
#8	-0.40% Jan 6, 2021 - Jan 27, 2021	-17.72% Jul 10, 2024 - Oct 22, 2024
#9	-0.38% Aug 15, 2019 - Aug 28, 2019	-17.67% Jun 1, 2026 - Jul 20, 2026
#10	-0.26% Jun 3, 2019 - Jun 18, 2019	-15.08% Jul 3, 2014 - May 11, 2015
#11	-0.26% Feb 27, 2020 - Mar 6, 2020	-13.79% May 7, 2021 - Jun 1, 2021
#12	-0.23% Aug 12, 2019 - Aug 14, 2019	-12.57% Jul 14, 2021 - Nov 9, 2021
#13	-0.22% May 17, 2019 - May 23, 2019	-9.61% Mar 7, 2024 - Jun 12, 2024
#14	-0.20% May 7, 2019 - May 9, 2019	-9.09% Oct 29, 2025 - Dec 9, 2025
#15	-0.19% Jul 3, 2019 - Jul 9, 2019	-9.07% May 6, 2026 - May 26, 2026

Correlation

Correlation between IBMQ and TWN is 0.65 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.65

-101

Dividend Comparison (2000 - 2026)

IBMQ vs TWN dividend yield comparison.

Year	IBMQ	TWN
2026	1.23%	0.00%
2025	2.43%	11.62%
2024	2.33%	19.14%
2023	1.93%	1.26%
2022	1.25%	0.00%
2021	1.05%	7.78%
2020	1.24%	12.91%
2019	1.03%	8.26%
2018	0.00%	11.27%
2017	0.00%	3.16%
2014	0.00%	16.11%
2011	0.00%	3.87%
2010	0.00%	0.42%
2009	0.00%	0.49%
2008	0.00%	1.86%
2007	0.00%	18.04%
2005	0.00%	0.35%
2004	0.00%	0.23%
2000	0.00%	1.96%