IBMO vs. FNF
IBMO (iShares iBonds Dec 2026 Term Muni Bond ETF) is Municipal Bonds fund tracking the S&P AMT-Free Municipal Series Callable-Adjusted Dec 2026 Index, while FNF (Fidelity National Financial, Inc.) is a stock. Over the past 5 years, IBMO returned 0.70%/yr vs 7.35%/yr for FNF. At a 0.07 correlation, their price movements are largely independent.
Performance
IBMO vs. FNF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBMO achieves a 1.01% return, which is significantly higher than FNF's -12.12% return.
IBMO
- 1D
- 0.04%
- 1M
- 0.17%
- YTD
- 1.01%
- 6M
- 1.02%
- 1Y
- 2.58%
- 3Y*
- 2.79%
- 5Y*
- 0.70%
- 10Y*
- —
FNF
- 1D
- 0.26%
- 1M
- -2.38%
- YTD
- -12.12%
- 6M
- -12.96%
- 1Y
- -7.13%
- 3Y*
- 17.33%
- 5Y*
- 7.35%
- 10Y*
- 11.30%
IBMO vs. FNF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IBMO iShares iBonds Dec 2026 Term Muni Bond ETF | 1.01% | 3.11% | 1.97% | 2.90% | -5.36% | -0.16% | 5.48% | 4.69% |
FNF Fidelity National Financial, Inc. | -12.12% | 4.35% | 14.02% | 42.18% | -21.64% | 38.04% | -10.34% | 23.55% |
Correlation
The correlation between IBMO and FNF is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2019 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBMO vs. FNF — Risk / Return Rank
IBMO
FNF
IBMO vs. FNF - 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 Fidelity National Financial, Inc. (FNF). 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 | FNF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.63 | ||
| Sortino ratioReturn per unit of downside risk | +3.98 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 0.97 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 6.84 | -0.29 | +7.14 |
| Martin ratioReturn relative to average drawdown | 20.33 | -0.71 | +21.04 |
Loading charts...
Drawdowns
IBMO vs. FNF - Drawdown Comparison
The maximum IBMO drawdown since its inception was -14.77%, smaller than the maximum FNF drawdown of -72.49%. Use the drawdown chart below to compare losses from any high point for IBMO and FNF.
Loading charts...
Drawdown Indicators
| IBMO | FNF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.77% | -72.49% | +57.72% |
Max Drawdown (1Y)Largest decline over 1 year | -0.38% | -24.43% | +24.05% |
Max Drawdown (3Y)Largest decline over 3 years | -1.76% | -30.06% | +28.30% |
Max Drawdown (5Y)Largest decline over 5 years | -8.86% | -36.69% | +27.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.21% | — |
Current DrawdownCurrent decline from peak | -0.01% | -23.28% | +23.27% |
Average DrawdownAverage peak-to-trough decline | -2.31% | -17.13% | +14.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.13% | 10.00% | -9.87% |
Volatility
IBMO vs. FNF - Volatility Comparison
The current volatility for iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO) is 0.22%, while Fidelity National Financial, Inc. (FNF) has a volatility of 5.55%. This indicates that IBMO experiences smaller price fluctuations and is considered to be less risky than FNF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBMO | FNF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.22% | 5.55% | -5.33% |
Volatility (6M)Calculated over the trailing 6-month period | 0.79% | 19.24% | -18.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.10% | 25.90% | -24.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.14% | 26.01% | -23.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.50% | 28.13% | -23.63% |
Dividends
IBMO vs. FNF - Dividend Comparison
IBMO's dividend yield for the trailing twelve months is around 2.39%, less than FNF's 4.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNF Fidelity National Financial, Inc. | 4.35% | 3.60% | 3.46% | 3.59% | 4.57% | 2.99% | 3.45% | 2.78% | 3.82% | 37.01% | 2.59% | 2.31% |
IBMO iShares iBonds Dec 2026 Term Muni Bond ETF | 2.39% | 2.37% | 2.15% | 1.65% | 0.89% | 0.62% | 1.03% | 1.01% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBMO and FNF 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.
FNF has higher volatility (5.55%) compared to IBMO (0.22%). In terms of maximum drawdown, IBMO dropped -14.77% vs FNF's -72.49%.
IBMO currently has the higher Sharpe Ratio (2.35 vs -0.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for IBMO and FNF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer