INMU vs EZA

Comparison between BlackRock Intermediate Muni Income Bond ETF (INMU, ETF) and ISHARES MSCI SOUTH AFRICA ETF (EZA, ETF).

5-Year PerformanceEZA has outperformed INMU, delivering a return of +13.7% compared to +1.4%

INMU vs EZA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	INMU(ETF)	EZA(ETF)
Net Assets	$539M	$537M
Expense Ratio	0.30%	0.59%
Max Drawdown	14.01%	68.15%
Sharpe Ratio	0.33	0.96
5Y Beta	0.04	0.98
5Y Dividends CAGR	55.99%	14.29%

Net Assets

Winner

INMU

$539M

EZA

$537M

Expense Ratio

Winner

INMU

0.30%

EZA

0.59%

Max Drawdown

Winner

INMU

14.01%

EZA

68.15%

Sharpe Ratio

INMU

0.33

Winner

EZA

0.96

5Y Beta

Winner

INMU

0.04

EZA

0.98

5Y Dividends CAGR

Winner

INMU

55.99%

EZA

14.29%

INMU vs EZA - Historical Returns

Returns include dividend reinvestment.

Period	INMU	EZA
1 month	+0.21%	+16.80%
3 months	+0.13%	+8.22%
6 months	-1.55%	-8.09%
1 year	+4.50%	+31.69%
5 years(CAGR)	+1.38%	+13.75%
10 years(CAGR)	N/A	+7.36%
Max(CAGR)	+1.82%	+9.64%

INMU

+0.21%

Winner

EZA

+16.80%

INMU

+0.13%

Winner

EZA

+8.22%

Winner

INMU

-1.55%

EZA

-8.09%

INMU

+4.50%

Winner

EZA

+31.69%

5Y(CAGR)

INMU

+1.38%

Winner

EZA

+13.75%

10Y(CAGR)

INMU

N/A

EZA

+7.36%

Max(CAGR)

INMU

+1.82%

Winner

EZA

+9.64%

INMU vs EZA - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	INMU	EZA
2026	+0.57%	+4.96%
2025	+5.34%	+73.49%
2024	+2.64%	+9.82%
2023	+5.90%	-1.59%
2022	-7.64%	-6.50%
2021	+2.84%	+7.43%
2020	N/A	-6.02%
2019	N/A	+9.97%
2018	N/A	-25.17%
2017	N/A	+34.76%
2016	N/A	+19.57%
2015	N/A	-24.50%
2014	N/A	+6.87%
2013	N/A	-7.68%
2012	N/A	+17.91%
2011	N/A	-15.89%
2010	N/A	+32.24%
2009	N/A	+47.87%
2008	N/A	-38.47%
2007	N/A	+18.24%
2006	N/A	+13.00%
2005	N/A	+24.77%
2004	N/A	+40.73%
2003	N/A	+47.69%

INMU vs EZA Drawdown Comparison

The maximum drawdown for INMU was -10.67%, occurring on Oct 31, 2022. Recovery took 751 trading sessions.

The maximum drawdown for EZA was -64.67%, occurring on Oct 27, 2008. Recovery took 737 trading sessions.

The current INMU drawdown is -1.67%. The current EZA drawdown is -10.74%.

Rank	INMU	EZA
#1	-10.67% Aug 5, 2021 - Aug 1, 2024	-64.67% Oct 31, 2007 - Oct 5, 2010
#2	-3.63% Feb 28, 2025 - Aug 29, 2025	-62.32% Jan 26, 2018 - May 23, 2025
#3	-2.58% Feb 27, 2026 - Mar 30, 2026	-45.03% Apr 28, 2015 - Dec 21, 2017
#4	-2.07% Dec 10, 2024 - Feb 25, 2025	-29.56% May 9, 2006 - Feb 22, 2007
#5	-2.06% Sep 16, 2024 - Dec 4, 2024	-25.94% Apr 29, 2011 - May 14, 2014
#6	-0.79% Aug 5, 2024 - Sep 4, 2024	-24.38% Feb 27, 2026 - Jul 23, 2026
#7	-0.54% Jun 10, 2021 - Jul 6, 2021	-20.25% Jul 23, 2007 - Oct 4, 2007
#8	-0.41% Nov 11, 2025 - Dec 16, 2025	-19.16% Apr 6, 2004 - Sep 16, 2004
#9	-0.33% Sep 18, 2025 - Oct 8, 2025	-18.04% Mar 9, 2005 - Aug 10, 2005
#10	-0.29% Oct 23, 2025 - Nov 11, 2025	-17.71% Sep 5, 2014 - Apr 28, 2015
#11	-0.24% Dec 29, 2025 - Jan 6, 2026	-13.68% Feb 1, 2006 - Apr 3, 2006
#12	-0.23% Jan 15, 2026 - Jan 27, 2026	-13.47% Feb 23, 2007 - Apr 2, 2007
#13	-0.22% Apr 28, 2021 - May 21, 2021	-13.40% Jan 3, 2011 - Apr 6, 2011
#14	-0.19% Aug 29, 2025 - Sep 3, 2025	-12.38% Jan 3, 2005 - Feb 24, 2005
#15	-0.17% Feb 26, 2025 - Feb 28, 2025	-11.13% Sep 30, 2005 - Nov 21, 2005

Correlation

Correlation between INMU and EZA is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2003 - 2026)

INMU vs EZA dividend yield comparison.

Year	INMU	EZA
2026	1.94%	2.01%
2025	3.48%	6.16%
2024	3.47%	7.26%
2023	3.44%	2.84%
2022	1.92%	3.90%
2021	1.14%	2.05%
2020	0.00%	5.51%
2019	0.00%	12.27%
2018	0.00%	3.81%
2017	0.00%	1.55%
2016	0.00%	4.10%
2015	0.00%	3.03%
2014	0.00%	2.20%
2013	0.00%	2.44%
2012	0.00%	3.01%
2011	0.00%	3.15%
2010	0.00%	2.43%
2009	0.00%	3.70%
2008	0.00%	6.06%
2007	0.00%	2.01%
2006	0.00%	2.18%
2005	0.00%	2.00%
2004	0.00%	1.52%
2003	0.00%	2.42%