INMU vs. IBMM

Last updated Apr 1, 2026

Compare and contrast key facts about BlackRock Intermediate Muni Income Bond ETF (INMU) and iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM).

INMU and IBMM 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. IBMM is a passively managed fund by iShares that tracks the performance of the S&P AMT-Free Municipal Series Dec 2024 Index. It was launched on Mar 20, 2018.

Performance

INMU vs. IBMM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Intermediate Muni Income Bond ETF (INMU) and iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM). The values are adjusted to include any dividend payments, if applicable.

INMU vs. IBMM - Yearly Performance Comparison

	2026 (YTD)
INMU BlackRock Intermediate Muni Income Bond ETF	-1.43%
IBMM iShares iBonds Dec 2024 Term Muni Bond ETF	0.00%

Returns By Period

INMU

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

IBMM

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

INMU vs. IBMM - Expense Ratio Comparison

INMU has a 0.30% expense ratio, which is higher than IBMM's 0.18% expense ratio.

INMU

BlackRock Intermediate Muni Income Bond ETF

IBMM

iShares iBonds Dec 2024 Term Muni Bond ETF

Return for Risk

INMU vs. IBMM — 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

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. IBMM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Intermediate Muni Income Bond ETF (INMU) and iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM). 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	IBMM	Difference
Sharpe ratio Return per unit of total volatility	1.07	—	—
Sortino ratio Return per unit of downside risk	1.37	—	—
Omega ratio Gain probability vs. loss probability	1.27	—	—
Calmar ratio Return relative to maximum drawdown	1.51	—	—
Martin ratio Return relative to average drawdown	5.35	—	—
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

	INMU	IBMM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	—	—
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	—	—

Dividends

INMU vs. IBMM - Dividend Comparison

INMU's dividend yield for the trailing twelve months is around 3.43%, while IBMM has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
INMU BlackRock Intermediate Muni Income Bond ETF	3.43%	3.48%	3.47%	3.44%	1.92%	1.14%
IBMM iShares iBonds Dec 2024 Term Muni Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

INMU vs. IBMM - Drawdown Comparison

The maximum INMU drawdown since its inception was -10.67%, which is greater than IBMM's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for INMU and IBMM.

Drawdown Indicators

	INMU	IBMM	Difference
Max Drawdown Largest peak-to-trough decline	-10.67%	0.00%	-10.67%
Max Drawdown (1Y) Largest decline over 1 year	-3.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-10.67%	—	—
Current Drawdown Current decline from peak	-2.38%	0.00%	-2.38%
Average Drawdown Average peak-to-trough decline	-2.86%	0.00%	-2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.89%	—	—

Volatility

Volatility by Period

	INMU	IBMM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.34%	0.00%	+4.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.59%	0.00%	+3.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.58%	0.00%	+3.58%