IIM vs IBMO

Comparison between Invesco Value Municipal Income Trust (IIM, ETF) and ISHARES IBONDS DEC 2026 TERM MUNI BOND ETF (IBMO, ETF).

5-Year PerformanceIBMO has outperformed IIM, delivering a return of +0.7% compared to +0.5%

IIM vs IBMO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IIM(ETF)	IBMO(ETF)
Net Assets	$581M	$582M
Expense Ratio	N/A	0.18%
Max Drawdown	46.54%	14.77%
Sharpe Ratio	1.01	-0.83
5Y Beta	0.20	0.01
5Y Dividends CAGR	4.77%	22.17%

Net Assets

IIM

$581M

Winner

IBMO

$582M

Expense Ratio

IIM

N/A

IBMO

0.18%

Max Drawdown

IIM

46.54%

Winner

IBMO

14.77%

Sharpe Ratio

Winner

IIM

1.01

IBMO

-0.83

5Y Beta

IIM

0.20

Winner

IBMO

0.01

5Y Dividends CAGR

IIM

4.77%

Winner

IBMO

22.17%

IIM vs IBMO - Historical Returns

Returns include dividend reinvestment.

Period	IIM	IBMO
1 month	+3.38%	+0.13%
3 months	-2.53%	+0.54%
6 months	+2.12%	+1.02%
1 year	+14.87%	+2.74%
5 years(CAGR)	+0.54%	+0.66%
10 years(CAGR)	+2.06%	N/A
Max(CAGR)	+5.55%	+1.83%

Winner

IIM

+3.38%

IBMO

+0.13%

IIM

-2.53%

Winner

IBMO

+0.54%

Winner

IIM

+2.12%

IBMO

+1.02%

Winner

IIM

+14.87%

IBMO

+2.74%

5Y(CAGR)

IIM

+0.54%

Winner

IBMO

+0.66%

10Y(CAGR)

IIM

+2.06%

IBMO

N/A

Max(CAGR)

Winner

IIM

+5.55%

IBMO

+1.83%

IIM vs IBMO - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IIM	IBMO
2026	+3.62%	+1.00%
2025	+10.49%	+3.15%
2024	+8.05%	+2.05%
2023	+1.96%	+2.72%
2022	-24.99%	-5.31%
2021	+14.43%	-0.16%
2020	+6.40%	+5.38%
2019	+16.89%	+4.69%
2018	-3.94%	N/A
2017	+6.76%	N/A
2016	-6.13%	N/A
2015	+4.87%	N/A
2014	+27.82%	N/A
2013	-15.82%	N/A
2012	+10.32%	N/A
2011	+26.65%	N/A
2010	+2.22%	N/A
2009	+35.02%	N/A
2008	-16.26%	N/A
2007	-1.26%	N/A
2006	+9.16%	N/A
2005	+6.85%	N/A
2004	+0.01%	N/A
2003	+13.26%	N/A
2002	+10.83%	N/A
2001	+8.90%	N/A
2000	+9.86%	N/A
1999	-5.21%	N/A

IIM vs IBMO Drawdown Comparison

The maximum drawdown for IIM was -40.17%, occurring on Oct 10, 2008. Recovery took 364 trading sessions.

The maximum drawdown for IBMO was -14.77%, occurring on Mar 20, 2020. Recovery took 88 trading sessions.

The current IIM drawdown is -4.38%. The current IBMO drawdown is -0.04%.

Rank	IIM	IBMO
#1	-40.17% Feb 12, 2008 - Jul 23, 2009	-14.77% Mar 9, 2020 - Jul 14, 2020
#2	-35.72% Dec 31, 2021 - Oct 26, 2023	-8.91% Feb 12, 2021 - Jun 20, 2025
#3	-28.68% Mar 6, 2020 - Nov 30, 2020	-2.02% Aug 16, 2019 - Jan 13, 2020
#4	-21.70% Jan 9, 2013 - Oct 3, 2014	-0.73% Aug 7, 2020 - Nov 17, 2020
#5	-18.68% Jul 11, 2016 - Aug 2, 2019	-0.39% Jan 31, 2020 - Feb 20, 2020
#6	-17.73% Sep 8, 2010 - Aug 22, 2011	-0.38% Sep 15, 2025 - Nov 17, 2025
#7	-16.13% Jan 29, 2015 - Jan 4, 2016	-0.32% Jan 5, 2021 - Jan 27, 2021
#8	-13.63% Mar 8, 2004 - Jun 16, 2005	-0.29% Dec 24, 2025 - Jan 21, 2026
#9	-13.17% Mar 9, 2012 - Jan 2, 2013	-0.26% Apr 10, 2019 - Apr 24, 2019
#10	-10.27% Nov 4, 1999 - Jul 6, 2000	-0.25% Aug 12, 2019 - Aug 14, 2019
#11	-10.27% Sep 13, 2000 - Jan 8, 2001	-0.20% Jun 3, 2019 - Jun 18, 2019
#12	-9.06% Jun 16, 2003 - Dec 16, 2003	-0.18% Jul 2, 2019 - Jul 9, 2019
#13	-8.74% May 15, 2007 - Jan 14, 2008	-0.16% Feb 26, 2026 - Mar 13, 2026
#14	-7.97% Sep 14, 2021 - Dec 31, 2021	-0.16% Apr 4, 2019 - Apr 10, 2019
#15	-7.40% Oct 8, 2009 - Dec 17, 2009	-0.16% Feb 27, 2020 - Mar 3, 2020

Correlation

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

0.79

-101

Dividend Comparison (2000 - 2026)

IIM vs IBMO dividend yield comparison.

Year	IIM	IBMO
2026	3.11%	0.99%
2025	7.51%	2.37%
2024	6.58%	2.15%
2023	4.72%	1.65%
2022	5.87%	0.89%
2021	4.51%	0.62%
2020	4.48%	1.03%
2019	4.61%	1.01%
2018	5.43%	0.00%
2017	4.99%	0.00%
2016	5.52%	0.00%
2015	5.20%	0.00%
2014	5.49%	0.00%
2013	6.67%	0.00%
2012	5.35%	0.00%
2011	5.50%	0.00%
2010	6.44%	0.00%
2009	5.70%	0.00%
2008	7.39%	0.00%
2007	5.22%	0.00%
2006	5.82%	0.00%
2005	6.10%	0.00%
2004	6.47%	0.00%
2003	8.03%	0.00%
2002	5.82%	0.00%
2001	5.68%	0.00%
2000	2.54%	0.00%