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BRLNvsIBMXETF Comparison

ETF 1
BRLN

iShares Floating Rate Loan Active ETF

This fund is part of
US Corporate HY Bonds
-0.01%
VS
ETF 2
IBMX

iShares iBonds Dec 2035 Term Muni Bond ETF

This fund is part of
Municipal Bonds
-0.01%

iShares Floating Rate Loan Active ETF (BRLN) belongs to the US Corporate HY Bonds segment. iShares iBonds Dec 2035 Term Muni Bond ETF (IBMX) is part of the Municipal Bonds segment. BRLN's top 3 sector exposures are Non-Corporate, Consumer Services and Healthcare. In contrast, IBMX's top sector exposures are Municipal and Non-Corporate. BRLN is more expensive with a Total Expense Ratio (TER) of 0.63%, versus 0.1% for IBMX. Run a side-by-side ETF comparison of BRLN and IBMX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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BRLN vs IBMX performance and flow charts

Performance

-1.5-1.0-0.50.00.5%Aug 10Aug 17Aug 24Aug 31Sep 8

Cumulative Flows

0 M0.2 M0.4 M0.6 M0.8 M1 M1.2 MAug 10Aug 17Aug 24Aug 31Sep 8

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 09/08/2026
1M3MYTD1Y3Y5Y
Perf.
BRLN
IBMX
+0.72%-1.70%
+1.69%-2.86%
+2.70%n/a
+4.63%n/a
+22.14%n/a
n/an/a
Flows
BRLN
IBMX
-+$1M
-+$1M
-$5M-
-$5M-
+$34M-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
BRLN
IBMX
+0.74%+3.12%
+1.28%n/a
+1.48%n/a
n/an/a
Max drawdown
BRLN
IBMX
-0.23%-3.35%
-1.59%n/a
-2.52%n/a
n/an/a
Max drawdown duration
BRLN
IBMX
10d64d
93dn/a
64dn/a
n/an/a
Trading data

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BRLN
IBMX
Last sale
9/9/2026 at 1:30 PM
$50.80
$23.97
Previous close
09/08/2026
$50.80
$24.08
Consolidated volume
09/08/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of August 31, 2026
1-year trailing difference

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BRLN
is actively managed and doesn’t replicate an index

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BRLN
IBMX
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/9/2026 at 1:30 PM
Live
Closed
BRLN
IBMX
Last price
$50.80
$23.97
1D performance
+0.00%
-0.46%
AuM$53.68 M$6.03 M
E/R0.63%0.1%
Characteristics
BRLN
IBMX
Management strategyActivePassive
ProvideriSharesiShares
Benchmark-S&P AMT-Free Municipal Series Callable-Adjusted 2035 Index
N° of holdings188224
Asset class--
Trailing 12m distribution yield
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Inception dateOctober 6, 2022April 14, 2026
ESGNoNo
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Exposure

Countries

BRLN
USA
17.18%
Other
82.82%
IBMX
USA
26.56%
Other
73.44%

Sectors

BRLN
Non-Corporate
13.52%
Other
86.48%
IBMX
Municipal
25.8%
Other
74.2%

Diversification

BRLN

Total weight of top 15 holdings out of 15

22.62%
IBMX

Total weight of top 15 holdings out of 15

25.78%

Top 15 holdings

Data as of July 31, 2026
BRLN
BlackRock Cash Funds - Treasury
13.52%
US43644ABL26
0.85%
US01957TAX54
0.71%
US08078UAQ67
0.69%
US96350TAH32
0.69%
US47077DAM20
0.68%
XAD9000BAJ17
0.67%
US90266UAM53
0.66%
US67123SAB51
0.64%
US00186XAQ60
0.63%
US37156QAZ90
0.61%
US01881UAN54
0.59%
US44332EAZ97
0.56%
US62937NBC02
0.56%
US89364MCA09
0.55%
IBMX
California, 5% 1oct2035, USD
3.08%
University of Texas, 5% 15aug2036, USD (2025B)
2.56%
Massachusetts Development Finance Agency, 5% 15may2055, USD (2025A-2)
2.31%
US677523RD66
2.21%
University of California, 5% 15may2038, USD (2025)
1.83%
Maryland, 5% 1jun2039, USD (2025)
1.81%
Los Angeles Unified School District, 5% 1jul2039, USD (2024QRR)
1.57%
Texas Transportation Commission, 5% 1oct2036, USD (2025)
1.50%
US59261AY925
1.47%
California, 5% 1sep2035, USD
1.40%
US684554GB85
1.36%
US207758Z305
1.26%
US64990KHR77
1.15%
State of Washington, 5% 1aug2039, USD (2025D)
1.14%
US64972JXD52
1.14%
Frequently asked questions about BRLN and IBMX

Which ETF is bigger: BRLN or IBMX?

As of September 8, 2026, BRLN holds $53.68 M in assets under management (AUM), while IBMX manages $6.03 M.

What sectors do the BRLN and IBMX ETFs invest in?

BRLN leans toward sectors like Non-Corporate. Meanwhile, IBMX focuses on Municipal.

What are the top holdings of the BRLN ETF and IBMX ETF?

BRLN top holdings include BlackRock Cash Funds - Treasury, US43644ABL26 and US01957TAX54. IBMX holds in its top three: California, 5% 1oct2035, USD, University of Texas, 5% 15aug2036, USD (2025B) and Massachusetts Development Finance Agency, 5% 15may2055, USD (2025A-2).

Which ETF is more diversified: BRLN or IBMX?

BRLN holds 2233 securities with 22.62% of its assets in the top 15. IBMX has 135 securities and a top 15 weight of 25.78%.

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