IBMO vs. BBHM
IBMO (iShares iBonds Dec 2026 Term Muni Bond ETF) and BBHM (BBH Select Mid Cap ETF) are both exchange-traded funds - IBMO is a Municipal Bonds fund tracking the S&P AMT-Free Municipal Series Callable-Adjusted Dec 2026 Index, while BBHM is a Mid Cap Growth Equities fund tracking the Actively Managed. Both are passively managed. Their 0.07 correlation means their historical movements had little consistent relationship. IBMO charges 0.18%/yr vs 0.81%/yr for BBHM.
Performance
IBMO vs. BBHM - Performance Comparison
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Returns By Period
In the year-to-date period, IBMO achieves a 1.22% return, which is significantly lower than BBHM's 6.57% return.
IBMO
- 1D
- -0.04%
- 1M
- 0.16%
- 6M
- 1.09%
- YTD
- 1.22%
- 1Y
- 2.34%
- 3Y*
- 3.01%
- 5Y*
- 0.62%
- 10Y*
- —
- ALL TIME*
- 1.84%
BBHM
- 1D
- 1.87%
- 1M
- 0.69%
- 6M
- 4.43%
- YTD
- 6.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $645.88K | $775.74K | $1.49M | |
| $1.89M | $1.94M | $1.71M |
IBMO vs. BBHM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IBMO iShares iBonds Dec 2026 Term Muni Bond ETF | 1.22% | 0.50% |
BBHM BBH Select Mid Cap ETF | 6.57% | 0.98% |
Correlation
The correlation between IBMO and BBHM is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | 0.07 |
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Return for Risk
IBMO vs. BBHM — Risk / Return Rank
IBMO
BBHM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBMO vs. BBHM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO) and BBH Select Mid Cap ETF (BBHM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IBMO | BBHM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.41 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 6.22 | — | — |
| Martin ratioReturn relative to average drawdown | 18.35 | — | — |
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Drawdowns
IBMO vs. BBHM - Drawdown Comparison
The maximum IBMO drawdown since its inception was -14.77%, which is greater than BBHM's maximum drawdown of -9.78%. Use the drawdown chart below to compare losses from any high point for IBMO and BBHM.
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Drawdown Indicators
| IBMO | BBHM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.77% | -9.78% | -4.99% |
Max Drawdown (1Y)Largest decline over 1 year | -0.38% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -1.21% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -8.77% | — | — |
Current DrawdownCurrent decline from peak | -0.04% | -0.83% | +0.79% |
Average DrawdownAverage peak-to-trough decline | -2.27% | -2.82% | +0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.13% | — | — |
Volatility
IBMO vs. BBHM - Volatility Comparison
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Volatility by Period
| IBMO | BBHM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.36% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 0.72% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.14% | 17.72% | -16.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.14% | 17.72% | -15.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.47% | 17.72% | -13.25% |
IBMO vs. BBHM - Expense Ratio Comparison
IBMO has a 0.18% expense ratio, which is lower than BBHM's 0.81% expense ratio.
Dividends
IBMO vs. BBHM - Dividend Comparison
IBMO's dividend yield for the trailing twelve months is around 2.40%, while BBHM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
BBHM BBH Select Mid Cap ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IBMO iShares iBonds Dec 2026 Term Muni Bond ETF | 2.40% | 2.37% | 2.15% | 1.65% | 0.89% | 0.62% | 1.03% | 1.01% |
Frequently Asked Questions
IBMO and BBHM have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBMO is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBMO is cheaper with a 0.18% expense ratio, compared with 0.81% for BBHM.
IBMO has the higher dividend yield at 2.40%, compared with 0.00% for BBHM.
IBMO is categorized as Municipal Bonds, while BBHM is Mid Cap Growth Equities. IBMO tracks S&P AMT-Free Municipal Series Callable-Adjusted Dec 2026 Index, while BBHM tracks Actively Managed. They also come from different issuers: iShares and BBH. Their fees differ too: 0.18% for IBMO and 0.81% for BBHM.
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