INMU vs. BINC

Last updated Apr 1, 2026

Compare and contrast key facts about BlackRock Intermediate Muni Income Bond ETF (INMU) and iShares Flexible Income Active ETF (BINC).

INMU and BINC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INMU is an actively managed fund by BlackRock. It was launched on Mar 16, 2021. BINC is an actively managed fund by iShares. It was launched on May 19, 2023.

Performance

INMU vs. BINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Intermediate Muni Income Bond ETF (INMU) and iShares Flexible Income Active ETF (BINC). The values are adjusted to include any dividend payments, if applicable.

INMU vs. BINC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
INMU BlackRock Intermediate Muni Income Bond ETF	-0.03%	5.52%	2.77%	4.76%
BINC iShares Flexible Income Active ETF	-0.50%	7.57%	5.76%	7.08%

Returns By Period

In the year-to-date period, INMU achieves a -0.03% return, which is significantly higher than BINC's -0.50% return.

INMU

• 1D: 0.21%
• 1M: -2.38%
• YTD: -0.03%
• 6M: 1.59%
• 1Y: 4.63%
• 3Y*: 3.98%
• 5Y*: 1.73%
• 10Y*: —

BINC

• 1D: 0.28%
• 1M: -1.67%
• YTD: -0.50%
• 6M: 0.74%
• 1Y: 5.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

INMU vs. BINC - Expense Ratio Comparison

INMU has a 0.30% expense ratio, which is lower than BINC's 0.40% expense ratio.

BINC

iShares Flexible Income Active ETF

INMU

BlackRock Intermediate Muni Income Bond ETF

Return for Risk

INMU vs. BINC — Risk / Return Rank

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

INMU

INMU Risk / Return Rank: 60
INMU Sharpe Ratio Rank: 61
INMU Sortino Ratio Rank: 51
INMU Omega Ratio Rank: 73
INMU Calmar Ratio Rank: 59
INMU Martin Ratio Rank: 54

BINC

BINC Risk / Return Rank: 82
BINC Sharpe Ratio Rank: 86
BINC Sortino Ratio Rank: 85
BINC Omega Ratio Rank: 90
BINC Calmar Ratio Rank: 74
BINC Martin Ratio Rank: 74

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.

INMU vs. BINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Intermediate Muni Income Bond ETF (INMU) and iShares Flexible Income Active ETF (BINC). 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.

	INMU	BINC	Difference
Sharpe ratio Return per unit of total volatility	1.07	1.79	-0.71
Sortino ratio Return per unit of downside risk	1.37	2.36	-0.99
Omega ratio Gain probability vs. loss probability	1.27	1.39	-0.12
Calmar ratio Return relative to maximum drawdown	1.51	2.00	-0.49
Martin ratio Return relative to average drawdown	5.35	8.16	-2.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INMU vs. BINC - Sharpe Ratio Comparison

The current INMU Sharpe Ratio is 1.07, which is lower than the BINC Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of INMU and BINC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	INMU	BINC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	1.79	-0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	2.32	-1.80

Correlation

The correlation between INMU and BINC is 0.52, 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.

Dividends

INMU vs. BINC - Dividend Comparison

INMU's dividend yield for the trailing twelve months is around 3.43%, less than BINC's 5.92% yield.

	TTM	2025	2024	2023	2022	2021
INMU BlackRock Intermediate Muni Income Bond ETF	3.13%	3.48%	3.47%	3.44%	1.92%	1.14%
BINC iShares Flexible Income Active ETF	5.92%	5.86%	6.14%	3.13%	0.00%	0.00%

Drawdowns

INMU vs. BINC - Drawdown Comparison

The maximum INMU drawdown since its inception was -10.67%, which is greater than BINC's maximum drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for INMU and BINC.

Drawdown Indicators

	INMU	BINC	Difference
Max Drawdown Largest peak-to-trough decline	-10.67%	-2.69%	-7.98%
Max Drawdown (1Y) Largest decline over 1 year	-3.15%	-2.69%	-0.46%
Max Drawdown (5Y) Largest decline over 5 years	-10.67%	—	—
Current Drawdown Current decline from peak	-2.38%	-1.87%	-0.51%
Average Drawdown Average peak-to-trough decline	-2.86%	-0.33%	-2.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.89%	0.66%	+0.23%

Volatility

INMU vs. BINC - Volatility Comparison

BlackRock Intermediate Muni Income Bond ETF (INMU) and iShares Flexible Income Active ETF (BINC) have volatilities of 1.25% and 1.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INMU	BINC	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.25%	1.29%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	1.86%	1.72%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	4.34%	2.95%	+1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.59%	3.03%	+0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.58%	3.03%	+0.55%