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IBMT vs TAXS

Comparison between ISHARES IBONDS DEC 2031 TERM MUNI BOND ETF (IBMT, ETF) and NORTHERN TRUST SHORT-TERM TAX-EXEMPT BOND ETF (TAXS, ETF).

IBMT vs TAXS - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
IBMT
$88M
TAXS
$87M
Expense Ratio
IBMT
0.18%
Winner
TAXS
0.05%
Max Drawdown
IBMT
3.33%
Winner
TAXS
1.29%
Sharpe Ratio
Winner
IBMT
0.76
TAXS
-0.90
5Y Beta
IBMT
0.02
Winner
TAXS
0.02

IBMT vs TAXS - Historical Returns

Returns include dividend reinvestment.

1M
IBMT
+0.30%
Winner
TAXS
+0.55%
3M
IBMT
-0.57%
Winner
TAXS
+0.21%
6M
IBMT
+0.47%
Winner
TAXS
+1.33%
1Y
IBMT
+6.03%
TAXS
N/A
Max(CAGR)
Winner
IBMT
+6.17%
TAXS
+2.76%

IBMT vs TAXS - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

YearIBMTTAXS
2026+0.11%+0.87%
2025+7.23%+1.22%

IBMT vs TAXS Drawdown Comparison

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

The maximum drawdown for TAXS was -0.84%, occurring on Mar 24, 2026. This drawdown has not yet recovered.

The current IBMT drawdown is -1.69%. The current TAXS drawdown is -0.07%.

RankIBMTTAXS
#1-3.18%
Apr 4, 2025 - Jun 12, 2025
-0.84%
Feb 27, 2026 - Mar 24, 2026
#2-3.09%
Feb 26, 2026 - Mar 26, 2026
-0.50%
Sep 16, 2025 - Nov 28, 2025
#3-0.96%
Sep 18, 2025 - Oct 13, 2025
-0.06%
Aug 22, 2025 - Sep 4, 2025
#4-0.52%
Oct 13, 2025 - Dec 3, 2025
-0.06%
Dec 19, 2025 - Dec 23, 2025
#5-0.35%
Jul 9, 2025 - Aug 1, 2025
-0.05%
Nov 28, 2025 - Dec 2, 2025
#6-0.35%
Dec 3, 2025 - Dec 24, 2025
-0.03%
Dec 24, 2025 - Dec 29, 2025
#7-0.27%
Jan 9, 2026 - Jan 28, 2026
-0.03%
Sep 11, 2025 - Sep 15, 2025
#8-0.24%
Mar 26, 2025 - Mar 28, 2025
-0.03%
Jan 16, 2026 - Jan 21, 2026
#9-0.23%
Jan 28, 2026 - Feb 3, 2026
-0.03%
Feb 17, 2026 - Feb 20, 2026
#10-0.22%
Feb 17, 2026 - Feb 26, 2026
-0.02%
Dec 5, 2025 - Dec 10, 2025
#11-0.21%
Sep 9, 2025 - Sep 11, 2025
-0.02%
Dec 11, 2025 - Dec 15, 2025
#12-0.18%
Aug 12, 2025 - Aug 22, 2025
-0.02%
Jan 2, 2026 - Jan 6, 2026
#13-0.16%
Jun 12, 2025 - Jun 16, 2025
-0.01%
Aug 19, 2025 - Aug 21, 2025
#14-0.14%
Sep 2, 2025 - Sep 4, 2025
-0.01%
Dec 29, 2025 - Dec 31, 2025
#15-0.12%
Aug 22, 2025 - Sep 2, 2025
-0.01%
Jan 9, 2026 - Jan 13, 2026

Correlation

Correlation between IBMT and TAXS is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78
-101

Dividend Comparison (2025 - 2026)

IBMT vs TAXS dividend yield comparison.

YearIBMTTAXS
20261.00%1.08%
20252.98%0.74%

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