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iShares iBonds Dec 2024 Term Muni Bond ETF

IBMM
ETF · Currency in USD
ISIN
US46435U6973
CUSIP
46435U697
Issuer
Blackrock Financial Management
Inception Date
Mar 20, 2018
Region
North America (U.S.)
Category
National Munis
Expense Ratio
0.18%
Index Tracked
S&P AMT-Free Municipal Series Dec 2024 Index
ETF Home Page
www.etf.com
Asset Class
Bond

IBMMPrice Chart


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S&P 500

IBMMPerformance

The chart shows the growth of $10,000 invested in iShares iBonds Dec 2024 Term Muni Bond ETF on Mar 23, 2018 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,305 for a total return of roughly 13.05%. All prices are adjusted for splits and dividends.


IBMM (iShares iBonds Dec 2024 Term Muni Bond ETF)
Benchmark (S&P 500)

IBMMReturns in periods

Returns over 1 year are annualized

PeriodReturn
1M-0.06%
6M0.01%
YTD0.06%
1Y0.44%
5Y3.52%
10Y3.52%

IBMMMonthly Returns Heatmap


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IBMMSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current iShares iBonds Dec 2024 Term Muni Bond ETF Sharpe ratio is 0.31. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


IBMM (iShares iBonds Dec 2024 Term Muni Bond ETF)
Benchmark (S&P 500)

IBMMDividends

iShares iBonds Dec 2024 Term Muni Bond ETF granted a 0.90% dividend yield in the last twelve months, as of Oct 9, 2021. The annual payout for that period amounted to $0.24 per share.


PeriodTTM202020192018
Dividend$0.24$0.34$0.45$0.37

Dividend yield

0.90%1.25%1.71%1.45%

IBMMDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


IBMM (iShares iBonds Dec 2024 Term Muni Bond ETF)
Benchmark (S&P 500)

IBMMWorst Drawdowns

The table below shows the maximum drawdowns of the iShares iBonds Dec 2024 Term Muni Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the iShares iBonds Dec 2024 Term Muni Bond ETF is 11.44%, recorded on Mar 20, 2020. It took 48 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-11.44%Mar 10, 20209Mar 20, 202048May 29, 202057
-1.7%Aug 16, 201922Sep 17, 201976Jan 6, 202098
-1.59%Jul 20, 201861Oct 15, 201835Dec 4, 201896
-1.05%Apr 2, 201818Apr 25, 20189May 8, 201827
-0.81%Feb 12, 20219Feb 25, 202134Apr 15, 202143
-0.64%Aug 10, 202061Nov 3, 202054Jan 22, 2021115
-0.46%Apr 16, 202121May 14, 202145Jul 20, 202166
-0.44%Aug 6, 202144Oct 7, 2021
-0.37%Apr 1, 201910Apr 12, 201914May 3, 201924
-0.35%Feb 3, 20204Feb 6, 202011Feb 24, 202015

IBMMVolatility Chart

Current iShares iBonds Dec 2024 Term Muni Bond ETF volatility is 1.44%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


IBMM (iShares iBonds Dec 2024 Term Muni Bond ETF)
Benchmark (S&P 500)

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