IBTM vs MUA

Comparison between ISHARES IBONDS DEC 2032 TERM TREASURY ETF (IBTM, ETF) and BlackRock Muniassets Fund Inc (MUA, ETF).

IBTM vs MUA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBTM(ETF)	MUA(ETF)
Net Assets	$558M	$558M
Expense Ratio	0.07%	N/A
Max Drawdown	16.81%	50.06%
Sharpe Ratio	-0.55	-0.23
5Y Beta	-0.01	0.30
5Y Dividends CAGR	N/A	2.69%

Net Assets

IBTM

$558M

MUA

$558M

Expense Ratio

IBTM

0.07%

MUA

N/A

Max Drawdown

Winner

IBTM

16.81%

MUA

50.06%

Sharpe Ratio

IBTM

-0.55

Winner

MUA

-0.23

5Y Beta

Winner

IBTM

-0.01

MUA

0.30

5Y Dividends CAGR

IBTM

N/A

MUA

2.69%

IBTM vs MUA - Historical Returns

Returns include dividend reinvestment.

Period	IBTM	MUA
1 month	+0.81%	-3.98%
3 months	+0.40%	-4.89%
6 months	-1.42%	-6.48%
1 year	+1.84%	+0.68%
5 years(CAGR)	+1.50%	-3.47%
10 years(CAGR)	N/A	+0.86%
Max(CAGR)	+1.50%	+5.26%

Winner

IBTM

+0.81%

MUA

-3.98%

Winner

IBTM

+0.40%

MUA

-4.89%

Winner

IBTM

-1.42%

MUA

-6.48%

Winner

IBTM

+1.84%

MUA

+0.68%

5Y(CAGR)

Winner

IBTM

+1.50%

MUA

-3.47%

10Y(CAGR)

IBTM

N/A

MUA

+0.86%

Max(CAGR)

IBTM

+1.50%

Winner

MUA

+5.26%

IBTM vs MUA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IBTM	MUA
2026	-0.08%	-2.53%
2025	+7.99%	+1.85%
2024	+0.25%	+7.82%
2023	+2.94%	+2.51%
2022	-4.63%	-22.70%
2021	N/A	+5.79%
2020	N/A	+0.79%
2019	N/A	+20.17%
2018	N/A	-9.56%
2017	N/A	+16.03%
2016	N/A	-0.55%
2015	N/A	+9.17%
2014	N/A	+26.85%
2013	N/A	-14.06%
2012	N/A	+17.94%
2011	N/A	+14.51%
2010	N/A	+1.74%
2009	N/A	+43.10%
2008	N/A	-27.76%
2007	N/A	-12.40%
2006	N/A	+18.85%
2005	N/A	+18.85%
2004	N/A	+16.12%
2003	N/A	+4.66%
2002	N/A	+9.73%
2001	N/A	-3.63%
2000	N/A	+16.97%
1999	N/A	-5.42%

IBTM vs MUA Drawdown Comparison

The maximum drawdown for IBTM was -13.59%, occurring on Oct 19, 2023. Recovery took 753 trading sessions.

The maximum drawdown for MUA was -43.01%, occurring on Oct 23, 2023. This drawdown has not yet recovered.

The current IBTM drawdown is -2.01%. The current MUA drawdown is -22.54%.

Rank	IBTM	MUA
#1	-13.59% Aug 1, 2022 - Aug 1, 2025	-43.01% Jun 15, 2021 - Oct 23, 2023
#2	-3.26% Feb 27, 2026 - May 19, 2026	-41.80% May 2, 2007 - Jul 2, 2010
#3	-1.12% Nov 26, 2025 - Feb 10, 2026	-36.19% Feb 10, 2020 - Feb 8, 2021
#4	-1.07% Oct 21, 2025 - Nov 24, 2025	-20.12% Jan 24, 2013 - Sep 2, 2014
#5	-1.05% Jul 13, 2022 - Jul 22, 2022	-16.95% Oct 13, 2017 - Mar 26, 2019
#6	-0.97% Sep 11, 2025 - Oct 13, 2025	-15.30% Jul 12, 2016 - Jul 11, 2017
#7	-0.54% Aug 4, 2025 - Aug 22, 2025	-14.32% Oct 1, 2010 - Dec 8, 2011
#8	-0.40% Jul 22, 2022 - Jul 28, 2022	-14.20% Aug 30, 2001 - Apr 15, 2003
#9	-0.24% Aug 29, 2025 - Sep 3, 2025	-12.88% Feb 17, 2004 - Sep 13, 2004
#10	-0.22% Feb 10, 2026 - Feb 12, 2026	-10.26% Feb 11, 2021 - May 24, 2021
#11	-0.21% Feb 13, 2026 - Feb 23, 2026	-9.51% Nov 5, 1999 - Aug 18, 2000
#12	-0.21% Oct 16, 2025 - Oct 21, 2025	-9.03% May 8, 2003 - Jan 21, 2004
#13	-0.19% Sep 8, 2025 - Sep 11, 2025	-7.51% Nov 6, 2019 - Jan 22, 2020
#14	-0.17% Aug 22, 2025 - Aug 26, 2025	-7.03% Mar 8, 2012 - Apr 24, 2012
#15	-0.13% Feb 23, 2026 - Feb 26, 2026	-7.02% Feb 7, 2005 - Apr 27, 2005

Correlation

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

0.79

-101

Dividend Comparison (2000 - 2026)

IBTM vs MUA dividend yield comparison.

Year	IBTM	MUA
2026	2.30%	4.44%
2025	3.87%	6.22%
2024	3.96%	6.03%
2023	3.39%	4.84%
2022	1.38%	6.72%
2021	0.00%	5.06%
2020	0.00%	4.35%
2019	0.00%	4.37%
2018	0.00%	5.12%
2017	0.00%	4.61%
2016	0.00%	5.24%
2015	0.00%	5.25%
2014	0.00%	5.50%
2013	0.00%	6.53%
2012	0.00%	5.58%
2011	0.00%	6.01%
2010	0.00%	6.63%
2009	0.00%	6.78%
2008	0.00%	9.34%
2007	0.00%	6.57%
2006	0.00%	5.38%
2005	0.00%	5.96%
2004	0.00%	6.33%
2003	0.00%	6.83%
2002	0.00%	6.73%
2001	0.00%	7.11%
2000	0.00%	2.73%