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BSMR vs IBMO

Invesco BulletShares 2027 Municipal Bond ETF

BSMRBNasdaq

iShares iBonds Dec 2026 Term Muni Bond ETF

IBMOACboe

Overlap

No data

Expense ratio

IBMO −0.08pt a year

BSMR0.18%IBMO0.10%

Avg volume · 30D

IBMO 1.1×the volume

BSMR75.9KIBMO82.4K

5Y return · a year

IBMO +0.2pt

BSMR+0.7%IBMO+0.9%

BSMR vs IBMO Performance

Oct 29, 2021 – Oct 30, 2026

+3.4%BSMR+4.6%IBMO

Oct 29, 2021 to Oct 30, 2026. BSMR +3.4%. IBMO +4.6%. Use the arrow keys to read each point.−10%−7.5%−5%−2.5%0%Oct 2021Apr 2024Oct 2026
Expense ratio
BSMR 0.18%
IBMO 0.10%, better
Fund size
BSMR $373M
IBMO $503M
1Y total return
BSMR +2.2%
IBMO +2.7%, better
Yield (12M)
BSMR 2.73%, better
IBMO 2.41%
Holdings
BSMR 2715
IBMO 295
Avg volume (30D)
BSMR 75.9K sh
IBMO 82.4K sh, better
NAV per share
BSMR $23.48
IBMO $25.66
52W range

ETF.net Grade

BSMR: Cost 45, Risk 59, Mission 100, Tradability 49, Holdings 80, Durability 74. IBMO: Cost 87, Risk 72, Mission 100, Tradability 89, Holdings 21, Durability 94.
Pillar letters and Scores for BSMR, IBMO, with each pillar’s weight
PillarBSMRIBMO
Cost30% weightC45A87Higher
Mission25% weightA100A100
Risk15% weightB59A72Higher
Tradability15% weightC49A89Higher
Holdings10% weightA80HigherF21
Durability5% weightA74A94Higher

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. BSMR 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 BSMR 8th 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 7BBSMTInvesco BulletShares 2029 Municipal Bond ETFScore 67
  7. Rank 8BBSMRInvesco BulletShares 2027 Municipal Bond ETFScore 66
  8. Rank 8BIBMViShares iBonds Dec 2033 Term Muni Bond ETFScore 66

Our read on each fund

ETF.net Research

BSMRBInvesco BulletShares 2027 Municipal Bond ETF

IBMOAiShares iBonds Dec 2026 Term Muni Bond ETF

In short

BSMR One rung of a muni ladder in a single ticker: BSMR holds municipal bonds maturing in 2027, then winds itself up and pays out cash. It behaves more like a bond you hold to maturity than a perpetual bond fund.

IBMO No data

Stated mandate

BSMR The fund seeks to track its investment results before fees and expenses.

IBMO No data

Why people hold it

  • BSMR Defined maturity, like an actual bond: the fund is built to terminate no later than the end of its 2027 maturity year and distribute its net assets in cash to shareholders then.prnewswire.com
  • One trade instead of hunting down individual muni CUSIPs: the portfolio spreads across thousands of municipal bonds and pays income monthly.
  • A rung in Invesco's BulletShares suite, on the muni shelf since 2019, with sibling funds across other maturity years for anyone stacking a ladder.invesco.com

IBMO No data

Worth knowing

  • BSMR The fee is 0.18% a year, above the typical target-maturity bond ETF and above Invesco's own corporate BulletShares rungs such as BSCT and BSCU.
  • In the final year, maturing bonds roll into cash and cash equivalents such as variable rate demand obligations, so the income and rate sensitivity taper toward the end.prnewswire.com
  • Mid-sized and moderately traded rather than one of the muni market's heavyweights.

IBMO No data

Full BSMR profile⁠

Full IBMO profile⁠

BSMR 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.

BSMR vs IBMO Cost

Overpaying BSMR vs IBMO

$1,643

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

  • BSMR 0.18%

    $3,749

  • IBMO 0.10%

    $2,106

$10,000
30 years

Cost over time

  • BSMR 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$4K051015202530BSMR $3,749IBMO $2,106

Year by year

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

Expense ratio

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

IBMO cheapest of 32 funds

BSMR 10th cheapest of 32 funds

BSMR vs IBMO Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BSMR 2.73%, better
IBMO 2.41%
Payout (12M)
BSMR $0.64
IBMO $0.62
Last payment
BSMR $0.06
IBMO $0.06
Ex-dividend
BSMR Oct 19, 2026
IBMO Oct 1, 2026
Paid on
BSMR Oct 23, 2026
IBMO Oct 6, 2026
Frequency
BSMR Monthly
IBMO Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BSMRMonthly · 46 paymentsAll BSMR payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 23, 2023 $0.06; Feb 21, 2023 $0.05; Mar 20, 2023 $0.06; Apr 24, 2023 $0.05; May 22, 2023 $0.06; 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 $0.06; Jan 22, 2024 $0.05; Feb 20, 2024 $0.05; Mar 18, 2024 $0.05; Apr 22, 2024 $0.06; May 20, 2024 $0.06; Jun 24, 2024 $0.05; Jul 22, 2024 $0.05; 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 $0.06; Feb 24, 2025 $0.05; Mar 24, 2025 $0.05; Apr 21, 2025 $0.06; May 19, 2025 $0.06; Jun 23, 2025 $0.06; Jul 21, 2025 $0.06; Aug 18, 2025 $0.05; 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 $0.05; Mar 23, 2026 $0.05; Apr 20, 2026 $0.05; May 18, 2026 $0.06; Jun 22, 2026 $0.05; Jul 20, 2026 $0.05; Aug 24, 2026 $0.05; Sep 21, 2026 $0.05; Oct 19, 2026 $0.06. 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

BSMR vs IBMO Risk

Fall from peak · 5 years

  • BSMR
  • IBMO
Oct 29, 2021 to Oct 30, 2026. Worst fall: BSMR −11.4% · Oct 2022. Use the arrow keys to read each point.−12.5%−10%−7.5%−5%−2.5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
BSMR 2.9%IBMO 1.6%, better
Return per unit of riskSharpe ratio, 3 years
BSMR −0.16, betterIBMO −0.66
Worst fallMax drawdown, 5 years
BSMR −11.4%IBMO −8.3%, better
Market sensitivityBeta, 5 years
BSMR 0.52IBMO 0.27

Popular comparisons

  • BSMRBvsIBMPA

    Invesco BulletShares 2027 Municipal Bond ETF · iShares iBonds Dec 2027 Term Muni Bond ETF

    Expense ratio
    0.18% · 0.10%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • IBMOAvsIBMPA

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    Expense ratio
    0.10% · 0.10%
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  • BSMRBvsIBMQA

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    Expense ratio
    0.18% · 0.10%
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  • IBMOAvsIBMQA

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    Expense ratio
    0.10% · 0.10%
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  • BSMRBvsIBMRA

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    Expense ratio
    0.18% · 0.10%
    Category
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  • IBMOAvsIBMRA

    iShares iBonds Dec 2026 Term Muni Bond ETF · iShares iBonds Dec 2029 Term Muni Bond ETF

    Expense ratio
    0.10% · 0.10%
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