MINN vs. IBMM

Last updated Apr 1, 2026

Compare and contrast key facts about Mairs & Power Minnesota Municipal Bond ETF (MINN) and iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM).

MINN and IBMM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MINN is an actively managed fund by Mairs & Power. It was launched on Mar 11, 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

MINN vs. IBMM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mairs & Power Minnesota Municipal Bond ETF (MINN) and iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM). The values are adjusted to include any dividend payments, if applicable.

MINN vs. IBMM - Yearly Performance Comparison

	2026 (YTD)
MINN Mairs & Power Minnesota Municipal Bond ETF	-1.94%
IBMM iShares iBonds Dec 2024 Term Muni Bond ETF	0.00%

Returns By Period

MINN

• 1D: 0.18%
• 1M: -2.27%
• YTD: -1.20%
• 6M: 0.91%
• 1Y: 3.98%
• 3Y*: 2.44%
• 5Y*: -0.46%
• 10Y*: —

IBMM

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

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

MINN vs. IBMM - Expense Ratio Comparison

MINN has a 0.25% expense ratio, which is higher than IBMM's 0.18% 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%.

MINN

Mairs & Power Minnesota Municipal Bond ETF

IBMM

iShares iBonds Dec 2024 Term Muni Bond ETF

Return for Risk

MINN vs. IBMM — Risk / Return Rank

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

MINN

MINN Risk / Return Rank: 38
MINN Sharpe Ratio Rank: 35
MINN Sortino Ratio Rank: 34
MINN Omega Ratio Rank: 33
MINN Calmar Ratio Rank: 46
MINN Martin Ratio Rank: 41

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.

MINN vs. IBMM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mairs & Power Minnesota Municipal Bond ETF (MINN) 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.

	MINN	IBMM	Difference
Sharpe ratio Return per unit of total volatility	0.67	—	—
Sortino ratio Return per unit of downside risk	1.00	—	—
Omega ratio Gain probability vs. loss probability	1.14	—	—
Calmar ratio Return relative to maximum drawdown	1.22	—	—
Martin ratio Return relative to average drawdown	3.94	—	—
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

	MINN	IBMM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.67	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.08	—	—

Dividends

MINN vs. IBMM - Dividend Comparison

MINN's dividend yield for the trailing twelve months is around 3.05%, while IBMM has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
MINN Mairs & Power Minnesota Municipal Bond ETF	3.05%	2.94%	2.65%	1.80%	1.34%	0.64%
IBMM iShares iBonds Dec 2024 Term Muni Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

MINN vs. IBMM - Drawdown Comparison

The maximum MINN drawdown since its inception was -18.37%, which is greater than IBMM's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MINN and IBMM.

Drawdown Indicators

	MINN	IBMM	Difference
Max Drawdown Largest peak-to-trough decline	-18.37%	0.00%	-18.37%
Max Drawdown (1Y) Largest decline over 1 year	-3.60%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.37%	—	—
Current Drawdown Current decline from peak	-4.11%	0.00%	-4.11%
Average Drawdown Average peak-to-trough decline	-7.95%	0.00%	-7.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.12%	—	—

Volatility

Volatility by Period

	MINN	IBMM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.00%	0.00%	+6.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.06%	0.00%	+5.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.04%	0.00%	+5.04%