IBMQ vs. LLII

Last updated Jun 4, 2026

IBMQ (iShares iBonds Dec 2028 Term Muni Bond ETF) and LLII (REX LLY Growth & Income ETF) are both exchange-traded funds - IBMQ is a Municipal Bonds fund tracking the S&P AMT-Free Municipal Series Callable-Adjusted Dec 2028 Index, while LLII is a Derivative Income fund actively managed by REX. IBMQ is passively managed, while LLII is actively managed. At a 0.08 correlation, their price movements are largely independent. IBMQ charges 0.18%/yr vs 0.99%/yr for LLII.

Performance

IBMQ vs. LLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) and REX LLY Growth & Income ETF (LLII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBMQ achieves a 0.69% return, which is significantly higher than LLII's -4.28% return.

IBMQ

• 1D: -0.08%
• 1M: 0.16%
• YTD: 0.69%
• 6M: 1.27%
• 1Y: 3.49%
• 3Y*: 2.96%
• 5Y*: 0.48%
• 10Y*: —

LLII

• 1D: 1.47%
• 1M: 9.79%
• YTD: -4.28%
• 6M: 0.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IBMQ vs. LLII - Yearly Performance Comparison

	2026 (YTD)	2025
IBMQ iShares iBonds Dec 2028 Term Muni Bond ETF	0.69%	0.70%
LLII REX LLY Growth & Income ETF	-4.28%	19.03%

Correlation

The correlation between IBMQ and LLII is 0.08, 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 (All Time) Calculated using the full available price history since Nov 5, 2025	0.08

Return for Risk

IBMQ vs. LLII — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IBMQ

IBMQ Risk / Return Rank: 77
IBMQ Sharpe Ratio Rank: 88
IBMQ Sortino Ratio Rank: 92
IBMQ Omega Ratio Rank: 91
IBMQ Calmar Ratio Rank: 64
IBMQ Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBMQ vs. LLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) and REX LLY Growth & Income ETF (LLII). 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.

	IBMQ	LLII	Difference
Sharpe ratio Return per unit of total volatility	2.91	—	—
Sortino ratio Return per unit of downside risk	4.41	—	—
Omega ratio Gain probability vs. loss probability	1.61	—	—
Calmar ratio Return relative to maximum drawdown	3.11	—	—
Martin ratio Return relative to average drawdown	8.20	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IBMQ	LLII	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.91	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.71	-0.35

Drawdowns

IBMQ vs. LLII - Drawdown Comparison

The maximum IBMQ drawdown since its inception was -15.85%, smaller than the maximum LLII drawdown of -23.96%. Use the drawdown chart below to compare losses from any high point for IBMQ and LLII.

Drawdown Indicators

	IBMQ	LLII	Difference
Max Drawdown Largest peak-to-trough decline	-15.85%	-23.96%	+8.11%
Max Drawdown (1Y) Largest decline over 1 year	-1.13%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-11.51%	—	—
Current Drawdown Current decline from peak	-0.33%	-6.88%	+6.55%
Average Drawdown Average peak-to-trough decline	-3.26%	-9.28%	+6.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.43%	—	—

Volatility

Volatility by Period

	IBMQ	LLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.21%	36.42%	-35.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.96%	36.42%	-33.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.55%	36.42%	-30.87%

IBMQ vs. LLII - Expense Ratio Comparison

IBMQ has a 0.18% expense ratio, which is lower than LLII's 0.99% expense ratio.

Dividends

IBMQ vs. LLII - Dividend Comparison

IBMQ's dividend yield for the trailing twelve months is around 2.45%, less than LLII's 25.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
IBMQ iShares iBonds Dec 2028 Term Muni Bond ETF	2.45%	2.43%	2.33%	1.93%	1.25%	1.05%	1.24%	1.03%
LLII REX LLY Growth & Income ETF	25.95%	5.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBMQ and LLII in my portfolio?

IBMQ and LLII have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IBMQ or LLII?

On fees, IBMQ is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBMQ or LLII?

IBMQ is cheaper with a 0.18% expense ratio, compared with 0.99% for LLII.

Which ETF pays a higher dividend yield, IBMQ or LLII?

LLII has the higher dividend yield at 25.95%, compared with 2.45% for IBMQ.

What is the main difference between IBMQ and LLII?

IBMQ is categorized as Municipal Bonds, while LLII is Derivative Income. They also come from different issuers: iShares and REX. Their fees differ too: 0.18% for IBMQ and 0.99% for LLII.