IBMT vs GDO

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

IBMT vs GDO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

IBMT

$88M

Winner

GDO

$88M

Expense Ratio

IBMT

0.18%

GDO

N/A

Max Drawdown

Winner

IBMT

3.33%

GDO

50.42%

Sharpe Ratio

Winner

IBMT

0.76

GDO

0.24

5Y Beta

Winner

IBMT

0.02

GDO

0.32

5Y Dividends CAGR

IBMT

N/A

GDO

5.53%

IBMT vs GDO - Historical Returns

Returns include dividend reinvestment.

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

Winner

IBMT

+0.30%

GDO

-2.17%

Winner

IBMT

-0.57%

GDO

-1.50%

Winner

IBMT

+0.47%

GDO

-3.55%

Winner

IBMT

+6.03%

GDO

+5.38%

5Y(CAGR)

IBMT

N/A

GDO

-0.30%

10Y(CAGR)

IBMT

N/A

GDO

+4.11%

Max(CAGR)

Winner

IBMT

+6.17%

GDO

+4.76%

IBMT vs GDO - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

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

IBMT vs GDO Drawdown Comparison

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

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

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

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

Correlation

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

0.90

-101

Dividend Comparison (2010 - 2026)

IBMT vs GDO dividend yield comparison.

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