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IBMO vs MUND

iShares iBonds Dec 2026 Term Muni Bond ETF

IBMOACboe

Northern Trust 2055 Tax-Exempt Distributing Ladder ETF

MUNDCNYSE Arca

Overlap

No data

Expense ratio

IBMO −0.08pt a year

IBMO0.10%MUND0.18%

Avg volume · 30D

IBMO 48.8×the volume

IBMO84.8KMUND1.74K

IBMO vs MUND Performance

Nov 7, 2025 – Nov 9, 2026

+2.7%IBMO+2.2%MUND

Nov 7, 2025 to Nov 9, 2026. IBMO +2.7%. MUND +2.2%. Use the arrow keys to read each point.−4%−2%0%Nov 2025May 2026Nov 2026
Expense ratio
IBMO 0.10%, better
MUND 0.18%
Fund size
IBMO $494M
MUND $10M
1Y total return
IBMO +2.7%, better
MUND +2.2%
Yield (12M)
IBMO 2.41%
MUND 3.61%, better
Holdings
IBMO 213
MUND 190
Avg volume (30D)
IBMO 84.8K sh, better
MUND 1.74K sh
NAV per share
IBMO $25.62
MUND $101.48
52W range

ETF.net Grade

IBMO: Cost 87, Risk 69, Mission 100, Tradability 84, Holdings 21, Durability 94. MUND: Cost 45, Risk 32, Mission not scored, Tradability 33, Holdings 56, Durability 37.
Pillar letters and Scores for IBMO, MUND, with each pillar’s weight
PillarIBMOMUND
Cost30% weightA87HigherC45
Mission25% weightA100Not scored
Risk15% weightB69HigherD32
Tradability15% weightA84HigherD33
Holdings10% weightF21B56Higher
Durability5% weightA94HigherD37

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. IBMO and MUND 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 MUND 21st of 32 funds in the Defined-Maturity Municipal Category.

  1. Rank 1AIBMPiShares iBonds Dec 2027 Term Muni Bond ETFScore 87
  2. Rank 1AIBMQiShares iBonds Dec 2028 Term Muni Bond ETFScore 87
  3. Rank 3AIBMRiShares iBonds Dec 2029 Term Muni Bond ETFScore 82
  4. Rank 4AIBMOiShares iBonds Dec 2026 Term Muni Bond ETFScore 80
  5. Rank 5AIBMTiShares iBonds Dec 2031 Term Muni Bond ETFScore 73
  6. Rank 20CBSMZInvesco BulletShares 2035 Municipal Bond ETFScore 44
  7. Rank 21CMUNDNorthern Trust 2055 Tax-Exempt Distributing Ladder ETFScore 41
  8. Rank 22DMUNBNorthern Trust 2035 Tax-Exempt Distributing Ladder ETFScore 39

Our read on each fund

ETF.net Research

IBMOAiShares iBonds Dec 2026 Term Muni Bond ETF

MUNDCNorthern Trust 2055 Tax-Exempt Distributing Ladder ETF

In short

IBMO No data

MUND A municipal bond ladder in one ticket: bonds maturing on a schedule through 2055, federally tax-exempt income paid monthly, and principal handed back as rungs mature. Built to wind down by its terminal year, not run forever.

Stated mandate

IBMO No data

MUND The Fund seeks periodic distributions of federally tax-exempt income and/or principal through 2055. It uses a laddered strategy investing in municipal debt instruments with different maturity dates through the 2055 terminal year.

Why people hold it

IBMO No data

  • MUND Works like an actual ladder: munis with staggered maturities through the 2055 terminal year, paying tax-exempt income monthly and returning principal as bonds come due.
  • Costs 0.18% a year, below the 0.30% median for muni bond ETFs. Cheap for a structured, dated strategy rather than a plain index scoop.
  • Spreads the rungs across about 100 US municipal positions, so no single issuer or maturity carries the ladder.

Worth knowing

IBMO No data

  • MUND Payouts blend tax-exempt interest with returned principal, and return of capital is disclosed. The distribution is not all yield, and net asset value is designed to shrink toward 2055.
  • Launched in 2025, still small and thinly traded. Wider bid-ask spreads are the trade-off for a niche structure this new.
  • Without the 2055 end date, broad muni staples are cheaper and far more heavily traded: VTEB at 0.03% and MUB at 0.05%.

Full IBMO profile⁠

Full MUND profile⁠

IBMO vs MUND 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.

IBMO vs MUND Cost

Overpaying MUND vs IBMO

$1,643

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

  • IBMO 0.10%

    $2,106

  • MUND 0.18%

    $3,749

$10,000
30 years

Cost over time

  • IBMO 0.10%
  • MUND 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530MUND $3,749IBMO $2,106

Year by year

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

Expense ratio

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

IBMO cheapest of 32 funds

MUND 10th cheapest of 32 funds

IBMO vs MUND Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
IBMO 2.41%
MUND 3.61%, better
Payout (12M)
IBMO $0.62
MUND $3.67
Last payment
IBMO $0.05
MUND $0.28
Ex-dividend
IBMO Nov 2, 2026
MUND Nov 2, 2026
Paid on
IBMO Nov 5, 2026
MUND Nov 6, 2026
Frequency
IBMO Monthly
MUND Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

IBMOMonthly · 46 paymentsAll IBMO payments⁠
One bar per payment. 46 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; Nov 2, 2026 $0.05. Use the arrow keys to read each point.$0$0.2520232026YTD
MUNDMonthly · 15 paymentsAll MUND payments⁠
One bar per payment. 15 payments from 2023 to 2026 YTD. Sep 2, 2025 $0.12; Oct 1, 2025 $0.31; Nov 3, 2025 $0.31; Dec 1, 2025 $0.31; Dec 19, 2025 $0.31; Feb 2, 2026 $0.31; Mar 2, 2026 $0.27; Apr 1, 2026 $0.33; May 1, 2026 $0.30; Jun 1, 2026 $0.31; Jul 1, 2026 $0.41; Aug 3, 2026 $0.34; Sep 1, 2026 $0.30; Oct 1, 2026 $0.19; Nov 2, 2026 $0.28. Use the arrow keys to read each point.$0$0.2520232026YTD

IBMO vs MUND Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IBMO 1.6%MUND 6.8%since Sep 2025
Return per unit of riskSharpe ratio, 3 years
IBMO −0.66MUND 0.05since Sep 2025
Worst fallMax drawdown, 5 years
IBMO −8.3%MUND −8.0%since Aug 2025
Market sensitivityBeta, 5 years
IBMO 0.27MUND 0.18

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