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IBMR vs MUNG

iShares iBonds Dec 2029 Term Muni Bond ETF

IBMRACboe

Northern Trust 2046 Tax-Exempt Distributing Ladder ETF

MUNG—NYSE Arca

Overlap

No data

Expense ratio

IBMR −0.08pt a year

IBMR0.10%MUNG0.18%

Avg volume · 30D

IBMR 529.9×the volume

IBMR105KMUNG199

IBMR vs MUNG Performance

Sep 30, 2026 – Oct 29, 2026

+2.0%IBMR+3.7%MUNG

Sep 30, 2026 to Oct 29, 2026. IBMR +2.0%. MUNG +3.7%. Use the arrow keys to read each point.0%1%3%Sep 30Oct 14Oct 29
Expense ratio
IBMR 0.10%, better
MUNG 0.18%
Fund size
IBMR $527M
MUNG $10M
1Y total return
IBMR +1.6%
MUNG No data
Yield (12M)
IBMR 2.54%
MUNG No data
Holdings
IBMR 2071
MUNG 183
Avg volume (30D)
IBMR 105K sh, better
MUNG 199 sh
NAV per share
IBMR $25.16
MUNG $99.34
52W range

ETF.net Grade

  • —MUNGNot yet graded
IBMR: Cost 87, Risk 54, Mission 96, Tradability 83, Holdings 89, Durability 85.
Pillar letters and Scores for IBMR, MUNG, with each pillar’s weight
PillarIBMRMUNG
Cost30% weightA87Not scored
Mission25% weightA96Not scored
Risk15% weightC54Not scored
Tradability15% weightA83Not scored
Holdings10% weightA89Not scored
Durability5% weightA85Not scored

Rank among Defined-Maturity Municipal funds

How we build Categories ›

Defined-Maturity Municipal⁠

Category · 32 funds
See all 32 ›

IBMR ranks 3rd 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. MUNGNot yet graded

Our read on each fund

ETF.net Research

IBMRAiShares iBonds Dec 2029 Term Muni Bond ETF

MUNG—Northern Trust 2046 Tax-Exempt Distributing Ladder ETF

In short

IBMR A muni ladder rung in one ticker: it holds investment-grade municipal bonds maturing in 2029, tracks an AMT-free index, and pays monthly. Bond-style term structure, ETF plumbing.

MUNG No data

Stated mandate

IBMR The fund seeks to track an index of investment-grade municipal bonds that mature in 2029.

MUNG No data

Why people hold it

  • IBMR Charges 0.10% a year, right at the median for target-maturity bond funds, and the iBonds lineup is built so maturity years stack into a ladder.
  • Spreads across more than a thousand investment-grade munis, so one issuer's trouble barely moves the fund.
  • Follows an AMT-free index, screening out bonds whose income can trip the alternative minimum tax.
  • Pays monthly, matching how muni income is usually spent, and holds a well-built portfolio for its category.

MUNG No data

Worth knowing

  • IBMR Munis are the tax-advantaged lane. For the same 2029 rung in taxable bonds, iShares also runs IBDU (corporate) and IBTJ (Treasury).
  • The index is callable-adjusted: plenty of munis can be redeemed early by their issuers, so the mix heading into the term date can shift.
  • It is a fund, not a single bond. Shares trade at market prices and move with rates along the way, and the end payout is whatever the bonds deliver.

MUNG No data

Full IBMR profile⁠

Full MUNG profile⁠

IBMR vs MUNG 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.

IBMR vs MUNG Cost

Overpaying MUNG vs IBMR

$1,643

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

  • IBMR 0.10%

    $2,106

  • MUNG 0.18%

    $3,749

$10,000
30 years

Cost over time

  • IBMR 0.10%
  • MUNG 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$4K051015202530MUNG $3,749IBMR $2,106

Year by year

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

Expense ratio

  • 0.10%IBMR, cheaper
  • 0.18%MUNG
  • Middle half of Defined-Maturity Municipal funds
  • Median 0.18%

IBMR cheapest of 32 funds

MUNG 10th cheapest of 32 funds

IBMR vs MUNG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IBMR 2.54%
MUNG No data
Payout (12M)
IBMR $0.64
MUNG No data
Last payment
IBMR $0.05
MUNG $0.32
Ex-dividend
IBMR Oct 1, 2026
MUNG Oct 1, 2026
Paid on
IBMR Oct 6, 2026
MUNG Oct 7, 2026
Frequency
IBMR Monthly
MUNG Irregular

Distribution history

Per share, 2023 to 2026, same scale for both

IBMRMonthly · 40 paymentsAll IBMR payments⁠
One bar per payment. 40 payments from 2023 to 2026 YTD. Jul 3, 2023 $0.06; Aug 1, 2023 $0.04; Sep 1, 2023 $0.05; Oct 2, 2023 $0.05; Nov 1, 2023 $0.05; Dec 1, 2023 $0.04; Dec 14, 2023 $0.04; Feb 1, 2024 $0.06; Mar 1, 2024 $0.06; Apr 1, 2024 $0.04; May 1, 2024 $0.06; Jun 3, 2024 $0.06; 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 $0.06; Apr 1, 2025 $0.05; May 1, 2025 $0.05; Jun 2, 2025 $0.05; Jul 1, 2025 $0.06; Aug 1, 2025 $0.06; Sep 2, 2025 $0.05; Oct 1, 2025 $0.06; Nov 3, 2025 $0.05; Dec 1, 2025 $0.05; Dec 19, 2025 $0.05; Feb 2, 2026 $0.05; Mar 2, 2026 $0.06; 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 $0.05. Use the arrow keys to read each point.$0$0.2520232026YTD
MUNGIrregular · 1 paymentAll MUNG payments⁠
One bar per payment. 1 payment from 2023 to 2026 YTD. Oct 1, 2026 $0.32. Use the arrow keys to read each point.$0$0.2520232026YTD

IBMR vs MUNG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IBMR 4.4%MUNG No data
Return per unit of riskSharpe ratio, 3 years
IBMR 0.02MUNG No data
Worst fallMax drawdown, 5 years
IBMR −4.8%since May 2023MUNG No data
Market sensitivityBeta, 5 years
IBMR 0.75MUNG 0.00

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