IQI vs IBTM

Comparison between Invesco Quality Municipal Income Trust (IQI, ETF) and ISHARES IBONDS DEC 2032 TERM TREASURY ETF (IBTM, ETF).

IQI vs IBTM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IQI(ETF)	IBTM(ETF)
Net Assets	$534M	$534M
Expense Ratio	N/A	0.07%
Max Drawdown	55.16%	16.81%
Sharpe Ratio	1.00	-0.15
5Y Beta	0.24	-0.02
5Y Dividends CAGR	4.25%	N/A

Net Assets

IQI

$534M

IBTM

$534M

Expense Ratio

IQI

N/A

IBTM

0.07%

Max Drawdown

IQI

55.16%

Winner

IBTM

16.81%

Sharpe Ratio

Winner

IQI

1.00

IBTM

-0.15

5Y Beta

IQI

0.24

Winner

IBTM

-0.02

5Y Dividends CAGR

IQI

4.25%

IBTM

N/A

IQI vs IBTM - Historical Returns

Returns include dividend reinvestment.

Period	IQI	IBTM
1 month	+1.25%	-0.53%
3 months	-0.30%	-1.64%
6 months	+1.68%	-0.69%
1 year	+13.86%	+3.27%
5 years(CAGR)	-0.08%	N/A
10 years(CAGR)	+2.44%	N/A
Max(CAGR)	+5.27%	+1.42%

Winner

IQI

+1.25%

IBTM

-0.53%

Winner

IQI

-0.30%

IBTM

-1.64%

Winner

IQI

+1.68%

IBTM

-0.69%

Winner

IQI

+13.86%

IBTM

+3.27%

5Y(CAGR)

IQI

-0.08%

IBTM

N/A

10Y(CAGR)

IQI

+2.44%

IBTM

N/A

Max(CAGR)

Winner

IQI

+5.27%

IBTM

+1.42%

IQI vs IBTM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IQI	IBTM
2026	+2.56%	-0.74%
2025	+8.56%	+7.99%
2024	+9.98%	+0.25%
2023	+4.31%	+2.94%
2022	-27.10%	-4.63%
2021	+9.25%	N/A
2020	+8.86%	N/A
2019	+15.59%	N/A
2018	-4.47%	N/A
2017	+6.13%	N/A
2016	+2.85%	N/A
2015	+8.13%	N/A
2014	+19.39%	N/A
2013	-14.68%	N/A
2012	+7.81%	N/A
2011	+19.74%	N/A
2010	+8.35%	N/A
2009	+33.00%	N/A
2008	-20.84%	N/A
2007	-8.00%	N/A
2006	+10.77%	N/A
2005	+10.91%	N/A
2004	+1.23%	N/A
2003	+11.68%	N/A
2002	+7.07%	N/A
2001	+9.01%	N/A
2000	+16.17%	N/A
1999	-6.11%	N/A

IQI vs IBTM Drawdown Comparison

The maximum drawdown for IQI was -50.21%, occurring on Oct 10, 2008. Recovery took 692 trading sessions.

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

The current IQI drawdown is -4.96%. The current IBTM drawdown is -2.66%.

Rank	IQI	IBTM
#1	-50.21% May 7, 2007 - Feb 3, 2010	-13.59% Aug 1, 2022 - Aug 1, 2025
#2	-35.34% Jul 29, 2021 - Oct 25, 2023	-3.26% Feb 27, 2026 - May 19, 2026
#3	-26.28% Mar 4, 2020 - Nov 24, 2020	-1.12% Nov 26, 2025 - Feb 10, 2026
#4	-22.85% Jul 25, 2012 - Jan 13, 2015	-1.07% Oct 21, 2025 - Nov 24, 2025
#5	-18.18% Sep 30, 2010 - Oct 28, 2011	-1.05% Jul 13, 2022 - Jul 22, 2022
#6	-13.33% Aug 18, 2016 - Apr 10, 2019	-0.97% Sep 11, 2025 - Oct 13, 2025
#7	-11.24% Mar 23, 2004 - Feb 4, 2005	-0.54% Aug 4, 2025 - Aug 22, 2025
#8	-10.07% Jun 17, 2003 - Jan 15, 2004	-0.40% Jul 22, 2022 - Jul 28, 2022
#9	-9.68% Nov 5, 1999 - Feb 3, 2000	-0.24% Aug 29, 2025 - Sep 3, 2025
#10	-9.35% Feb 2, 2015 - Dec 1, 2015	-0.22% Feb 10, 2026 - Feb 12, 2026
#11	-8.54% Sep 12, 2000 - Jan 2, 2001	-0.21% Feb 13, 2026 - Feb 23, 2026
#12	-7.40% Mar 1, 2012 - Jun 11, 2012	-0.21% Oct 16, 2025 - Oct 21, 2025
#13	-7.23% Oct 2, 2002 - Feb 27, 2003	-0.19% Sep 8, 2025 - Sep 11, 2025
#14	-7.19% Feb 4, 2002 - Jul 10, 2002	-0.17% Aug 22, 2025 - Aug 26, 2025
#15	-7.14% Feb 8, 2000 - Jul 18, 2000	-0.13% Feb 23, 2026 - Feb 26, 2026

Correlation

Correlation between IQI and IBTM is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2000 - 2026)

IQI vs IBTM dividend yield comparison.

Year	IQI	IBTM
2026	3.19%	1.64%
2025	7.60%	3.87%
2024	6.48%	3.96%
2023	4.70%	3.39%
2022	5.82%	1.38%
2021	4.53%	0.00%
2020	4.61%	0.00%
2019	4.88%	0.00%
2018	6.04%	0.00%
2017	5.33%	0.00%
2016	6.15%	0.00%
2015	6.08%	0.00%
2014	6.24%	0.00%
2013	7.39%	0.00%
2012	6.43%	0.00%
2011	6.46%	0.00%
2010	6.96%	0.00%
2009	6.59%	0.00%
2008	7.30%	0.00%
2007	5.66%	0.00%
2006	6.73%	0.00%
2005	7.70%	0.00%
2004	6.33%	0.00%
2003	8.51%	0.00%
2002	8.43%	0.00%
2001	8.85%	0.00%
2000	2.65%	0.00%