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