IBMO vs. VTEB
Compare and contrast key facts about iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO) and Vanguard Tax-Exempt Bond ETF (VTEB).
IBMO and VTEB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBMO is a passively managed fund by iShares that tracks the performance of the S&P AMT-Free Municipal Series Callable-Adjusted Dec 2026 Index. It was launched on Apr 2, 2019. VTEB is a passively managed fund by Vanguard that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Aug 21, 2015. Both IBMO and VTEB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBMO or VTEB.
Correlation
The correlation between IBMO and VTEB is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IBMO vs. VTEB - Performance Comparison
Key characteristics
IBMO:
1.56
VTEB:
0.49
IBMO:
2.35
VTEB:
0.70
IBMO:
1.31
VTEB:
1.09
IBMO:
0.61
VTEB:
0.39
IBMO:
8.14
VTEB:
1.78
IBMO:
0.31%
VTEB:
1.02%
IBMO:
1.59%
VTEB:
3.74%
IBMO:
-14.77%
VTEB:
-17.00%
IBMO:
-1.14%
VTEB:
-1.73%
Returns By Period
In the year-to-date period, IBMO achieves a 0.30% return, which is significantly higher than VTEB's -0.14% return.
IBMO
0.30%
0.26%
0.97%
2.65%
0.61%
N/A
VTEB
-0.14%
0.93%
-0.15%
2.08%
0.67%
N/A
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IBMO vs. VTEB - Expense Ratio Comparison
IBMO has a 0.18% expense ratio, which is higher than VTEB's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IBMO vs. VTEB — Risk-Adjusted Performance Rank
IBMO
VTEB
IBMO vs. VTEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO) and Vanguard Tax-Exempt Bond ETF (VTEB). 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.
Dividends
IBMO vs. VTEB - Dividend Comparison
IBMO's dividend yield for the trailing twelve months is around 2.18%, less than VTEB's 3.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IBMO iShares iBonds Dec 2026 Term Muni Bond ETF | 2.18% | 2.14% | 1.65% | 0.89% | 0.62% | 1.03% | 1.01% | 0.00% | 0.00% | 0.00% | 0.00% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.16% | 3.14% | 2.79% | 2.09% | 1.65% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% |
Drawdowns
IBMO vs. VTEB - Drawdown Comparison
The maximum IBMO drawdown since its inception was -14.77%, smaller than the maximum VTEB drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for IBMO and VTEB. For additional features, visit the drawdowns tool.
Volatility
IBMO vs. VTEB - Volatility Comparison
The current volatility for iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO) is 0.65%, while Vanguard Tax-Exempt Bond ETF (VTEB) has a volatility of 1.09%. This indicates that IBMO experiences smaller price fluctuations and is considered to be less risky than VTEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.