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BSMQ vs IBMO

Invesco BulletShares 2026 Municipal Bond ETF

BSMQCNasdaq

iShares iBonds Dec 2026 Term Muni Bond ETF

IBMOACboe

Overlap

No data

Expense ratio

IBMO −0.08pt a year

BSMQ0.18%IBMO0.10%

Avg volume · 30D

IBMO 1.6×the volume

BSMQ50KIBMO82.4K

5Y return · a year

IBMO +0.4pt

BSMQ+0.5%IBMO+0.9%

BSMQ vs IBMO Performance

Oct 29, 2021 – Oct 30, 2026

+2.8%BSMQ+4.6%IBMO

Oct 29, 2021 to Oct 30, 2026. BSMQ +2.8%. IBMO +4.6%. Use the arrow keys to read each point.−10%−7.5%−5%−2.5%0%Oct 2021Apr 2024Oct 2026
Expense ratio
BSMQ 0.18%
IBMO 0.10%, better
Fund size
BSMQ $252M
IBMO $503M
1Y total return
BSMQ +2.2%
IBMO +2.7%, better
Yield (12M)
BSMQ 2.76%, better
IBMO 2.41%
Holdings
BSMQ 1004
IBMO 295
Avg volume (30D)
BSMQ 50K sh
IBMO 82.4K sh, better
NAV per share
BSMQ $23.52
IBMO $25.66
52W range

ETF.net Grade

BSMQ: Cost 45, Risk 63, Mission not scored, Tradability 55, Holdings 23, Durability 76. IBMO: Cost 87, Risk 72, Mission 100, Tradability 89, Holdings 21, Durability 94.
Pillar letters and Scores for BSMQ, IBMO, with each pillar’s weight
PillarBSMQIBMO
Cost30% weightC45A87Higher
Mission25% weightNot scoredA100
Risk15% weightB63A72Higher
Tradability15% weightB55A89Higher
Holdings10% weightF23HigherF21
Durability5% weightA76A94Higher

Rank among Defined-Maturity Municipal funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BSMQ and IBMO are both graded against the same 32 Defined-Maturity Municipal funds, so their Grades compare head to head.

Defined-Maturity Municipal⁠

Category · 32 funds
See all 32 ›

IBMO ranks 4th and BSMQ 17th of 32 funds in the Defined-Maturity Municipal Category.

  1. Rank 1AIBMPiShares iBonds Dec 2027 Term Muni Bond ETFScore 88
  2. Rank 2AIBMQiShares iBonds Dec 2028 Term Muni Bond ETFScore 87
  3. Rank 3AIBMRiShares iBonds Dec 2029 Term Muni Bond ETFScore 83
  4. Rank 4AIBMOiShares iBonds Dec 2026 Term Muni Bond ETFScore 82
  5. Rank 5AIBMTiShares iBonds Dec 2031 Term Muni Bond ETFScore 73
  6. Rank 16CBSMYInvesco BulletShares 2034 Municipal Bond ETFScore 50
  7. Rank 17CBSMQInvesco BulletShares 2026 Municipal Bond ETFScore 49
  8. Rank 18CBSMWInvesco BulletShares 2032 Municipal Bond ETFScore 48

Our read on each fund

ETF.net Research

BSMQCInvesco BulletShares 2026 Municipal Bond ETF

IBMOAiShares iBonds Dec 2026 Term Muni Bond ETF

In short

BSMQ One rung of a muni ladder in a single ticker: roughly 1,200 investment-grade municipal bonds, monthly distributions, and a built-in end date, with the fund set to terminate on or about Dec. 15, 2026 and pay out its net assets in cash.

IBMO No data

Stated mandate

BSMQ The fund seeks to track the Invesco BulletShares Municipal Bond 2026 Index by investing at least 80% of total assets in its municipal bonds. The portfolio is designed to mature in 2026 and terminate around December 15, 2026.

IBMO No data

Why people hold it

  • BSMQ It finishes like a bond. Invesco designed the portfolio to mature in 2026 and terminate on or about Dec. 15, 2026, paying shareholders a cash distribution of net assets.invesco.cominvesco.com 2
  • Wide net for a dated rung: roughly 1,200 municipal bonds, sampled from the index rather than bought one by one, with fund and index rebalanced monthly.invesco.com
  • The index holds investment-grade municipal debt whose interest is generally exempt from federal income tax, and BulletShares funds typically distribute monthly.invesco.cometfstrategy.com
  • Duration falls as the termination date nears, so rate moves push the price around less late in the fund's life than early on.invesco.com

IBMO No data

Worth knowing

  • BSMQ No set payout at the end. Invesco states the funds do not seek to return any predetermined amount at maturity, so the final cash distribution is whatever net assets are worth then.invesco.com
  • In the last six months of the maturity year, bonds are expected to mature or be called and proceeds sit in cash or T-bills, so the muni profile fades before termination.invesco.com
  • Fee is 0.18%, level with the target-maturity muni median, while the iShares iBonds muni rungs (IBMO, IBMP) list at 0.10%.

IBMO No data

Full BSMQ profile⁠

Full IBMO profile⁠

BSMQ vs IBMO Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BSMQ vs IBMO Cost

Overpaying BSMQ vs IBMO

$1,643

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BSMQ 0.18%

    $3,749

  • IBMO 0.10%

    $2,106

$10,000
30 years

Cost over time

  • BSMQ 0.18%
  • IBMO 0.10%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530BSMQ $3,749IBMO $2,106

Year by year

YearBSMQIBMOOverpaying
10$328$183$145
20$1,281$717$564
30$3,749$2,106$1,643

Expense ratio

  • 0.18%BSMQ
  • 0.10%IBMO, cheaper
  • Middle half of Defined-Maturity Municipal funds
  • Median 0.18%

IBMO cheapest of 32 funds

BSMQ 10th cheapest of 32 funds

BSMQ vs IBMO Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BSMQ 2.76%, better
IBMO 2.41%
Payout (12M)
BSMQ $0.65
IBMO $0.62
Last payment
BSMQ $0.05
IBMO $0.06
Ex-dividend
BSMQ Oct 19, 2026
IBMO Oct 1, 2026
Paid on
BSMQ Oct 23, 2026
IBMO Oct 6, 2026
Frequency
BSMQ Monthly
IBMO Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BSMQMonthly · 46 paymentsAll BSMQ payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 23, 2023 $0.05; Feb 21, 2023 $0.04; Mar 20, 2023 $0.05; Apr 24, 2023 $0.05; May 22, 2023 $0.05; Jun 20, 2023 $0.05; Jul 24, 2023 $0.05; Aug 21, 2023 $0.05; Sep 18, 2023 $0.05; Oct 23, 2023 $0.05; Nov 20, 2023 $0.05; Dec 18, 2023 $0.05; Jan 22, 2024 $0.05; Feb 20, 2024 $0.05; Mar 18, 2024 $0.05; Apr 22, 2024 $0.05; May 20, 2024 $0.05; Jun 24, 2024 $0.06; Jul 22, 2024 $0.06; Aug 19, 2024 $0.06; Sep 23, 2024 $0.05; Oct 21, 2024 $0.06; Nov 18, 2024 $0.06; Dec 23, 2024 $0.05; Jan 21, 2025 $0.05; Feb 24, 2025 $0.05; Mar 24, 2025 $0.05; Apr 21, 2025 $0.05; May 19, 2025 $0.06; Jun 23, 2025 $0.06; Jul 21, 2025 $0.06; Aug 18, 2025 $0.06; Sep 22, 2025 $0.05; Oct 20, 2025 $0.05; Nov 24, 2025 $0.05; Dec 22, 2025 $0.05; Jan 20, 2026 $0.05; Feb 23, 2026 $0.06; Mar 23, 2026 $0.06; Apr 20, 2026 $0.05; May 18, 2026 $0.05; Jun 22, 2026 $0.05; Jul 20, 2026 $0.06; Aug 24, 2026 $0.06; Sep 21, 2026 $0.05; Oct 19, 2026 $0.05. Use the arrow keys to read each point.$0$0.0520232026YTD
IBMOMonthly · 45 paymentsAll IBMO payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.03; Mar 1, 2023 $0.04; Apr 3, 2023 $0.03; May 1, 2023 $0.03; Jun 1, 2023 $0.03; Jul 3, 2023 $0.04; Aug 1, 2023 $0.03; Sep 1, 2023 $0.03; Oct 2, 2023 $0.04; Nov 1, 2023 $0.04; Dec 1, 2023 $0.04; Dec 14, 2023 $0.04; Feb 1, 2024 $0.04; Mar 1, 2024 $0.05; Apr 1, 2024 $0.04; May 1, 2024 $0.04; Jun 3, 2024 $0.05; Jul 1, 2024 $0.05; Aug 1, 2024 $0.05; Sep 3, 2024 $0.05; Oct 1, 2024 $0.05; Nov 1, 2024 $0.05; Dec 2, 2024 $0.05; Dec 18, 2024 $0.05; Feb 3, 2025 $0.05; Mar 3, 2025 $0.05; Apr 1, 2025 $0.05; May 1, 2025 $0.05; Jun 2, 2025 $0.05; Jul 1, 2025 $0.05; Aug 1, 2025 $0.05; Sep 2, 2025 $0.05; Oct 1, 2025 $0.05; Nov 3, 2025 $0.05; Dec 1, 2025 $0.05; Dec 19, 2025 $0.05; Feb 2, 2026 $0.05; Mar 2, 2026 $0.05; Apr 1, 2026 $0.05; May 1, 2026 $0.05; Jun 1, 2026 $0.05; Jul 1, 2026 $0.05; Aug 3, 2026 $0.05; Sep 1, 2026 $0.05; Oct 1, 2026 $0.06. Use the arrow keys to read each point.$0$0.0520232026YTD

BSMQ vs IBMO Risk

Fall from peak · 5 years

  • BSMQ
  • IBMO
Oct 29, 2021 to Oct 30, 2026. Worst fall: BSMQ −11.1% · Oct 2022. Use the arrow keys to read each point.−10%−7.5%−5%−2.5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
BSMQ 2.2%IBMO 1.6%, better
Return per unit of riskSharpe ratio, 3 years
BSMQ −0.36, betterIBMO −0.66
Worst fallMax drawdown, 5 years
BSMQ −11.1%IBMO −8.3%, better
Market sensitivityBeta, 5 years
BSMQ 0.37IBMO 0.27

Popular comparisons

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