IIGD vs TAXM
Comparison between INVESCO INVESTMENT GRADE DEFENSIVE ETF (IIGD, ETF) and BondBloxx ETF Trust IRM TaxAware ETF for Massachusetts Residents (TAXM, ETF).
IIGD vs TAXM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
IIGD vs TAXM - Historical Returns
Returns include dividend reinvestment.
IIGD vs TAXM - Annual Returns (2018 - 2026)
Returns include dividend reinvestment.
| Year | IIGD | TAXM |
|---|---|---|
| 2026 | +0.01% | +1.04% |
| 2025 | +7.08% | +3.71% |
| 2024 | +4.25% | N/A |
| 2023 | +5.54% | N/A |
| 2022 | -7.06% | N/A |
| 2021 | -1.31% | N/A |
| 2020 | +6.26% | N/A |
| 2019 | +7.32% | N/A |
| 2018 | +0.86% | N/A |
IIGD vs TAXM Drawdown Comparison
The maximum drawdown for IIGD was -11.43%, occurring on Oct 20, 2022. Recovery took 762 trading sessions.
The maximum drawdown for TAXM was -3.10%, occurring on Apr 11, 2025. Recovery took 111 trading sessions.
The current IIGD drawdown is -1.04%. The current TAXM drawdown is -0.91%.
| Rank | IIGD | TAXM |
|---|---|---|
| #1 | -11.43% Aug 3, 2021 - Aug 14, 2024 | -3.10% Mar 20, 2025 - Aug 28, 2025 |
| #2 | -8.58% Mar 4, 2020 - Apr 24, 2020 | -2.70% Feb 26, 2026 - Mar 27, 2026 |
| #3 | -1.97% Sep 24, 2024 - Feb 25, 2025 | -0.48% Nov 11, 2025 - Jan 2, 2026 |
| #4 | -1.67% Feb 27, 2026 - Mar 26, 2026 | -0.36% Sep 17, 2025 - Oct 7, 2025 |
| #5 | -1.65% Dec 31, 2020 - Aug 2, 2021 | -0.32% Jan 14, 2026 - Jan 28, 2026 |
| #6 | -1.59% Apr 3, 2025 - Apr 25, 2025 | -0.31% Oct 22, 2025 - Nov 11, 2025 |
| #7 | -1.33% Sep 3, 2019 - Oct 2, 2019 | -0.23% Aug 28, 2025 - Sep 3, 2025 |
| #8 | -0.94% Oct 3, 2019 - Jan 21, 2020 | -0.15% Feb 5, 2026 - Feb 9, 2026 |
| #9 | -0.87% Apr 30, 2025 - May 30, 2025 | -0.12% Jan 7, 2026 - Jan 14, 2026 |
| #10 | -0.80% Aug 4, 2020 - Dec 24, 2020 | -0.10% Mar 13, 2025 - Mar 18, 2025 |
| #11 | -0.58% Oct 22, 2018 - Dec 14, 2018 | -0.09% Feb 10, 2026 - Feb 12, 2026 |
| #12 | -0.55% Jun 2, 2020 - Jun 18, 2020 | -0.08% Feb 17, 2026 - Feb 19, 2026 |
| #13 | -0.55% Jun 30, 2025 - Jul 22, 2025 | -0.08% Oct 13, 2025 - Oct 15, 2025 |
| #14 | -0.55% Mar 28, 2019 - May 7, 2019 | -0.04% Sep 11, 2025 - Sep 15, 2025 |
| #15 | -0.52% Oct 21, 2025 - Nov 24, 2025 | -0.04% Oct 16, 2025 - Oct 21, 2025 |
Correlation
Correlation between IIGD and TAXM is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (2018 - 2026)
IIGD vs TAXM dividend yield comparison.
| Year | IIGD | TAXM |
|---|---|---|
| 2026 | 1.75% | 1.29% |
| 2025 | 4.25% | 2.75% |
| 2024 | 4.13% | 0.00% |
| 2023 | 3.74% | 0.00% |
| 2022 | 1.73% | 0.00% |
| 2021 | 1.77% | 0.00% |
| 2020 | 3.21% | 0.00% |
| 2019 | 2.44% | 0.00% |
| 2018 | 1.23% | 0.00% |
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