IBMOvsIROCETF Comparison
VS
iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO) belongs to the Municipal Bonds segment. Invesco Rochester High Yield Municipal ETF (IROC) is part of the US Aggregate Bonds segment. IBMO's top 2 sector exposures are Municipal and Non-Corporate. In contrast, IROC's top sector exposures are Municipal. IBMO is less expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.4% for IROC. IBMO is up 1.61% year-to-date (YTD) with -$15M in YTD flows. IROC performs worse with -0.72% YTD performance, and +$53M in YTD flows. Run a side-by-side ETF comparison of IBMO and IROC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
IBMO vs IROC performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IBMO IROC | +0.19%-0.99% | +0.60%-1.79% | +1.61%-0.72% | +2.31%+3.10% | +9.36%+11.75% | +3.65%n/a |
| Flows | IBMO IROC | -$22M+$24M | -$35M+$35M | -$15M+$53M | +$33M+$128M | +$231M+$128M | +$437M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IBMO IROC | +0.15%+2.84% | +0.25%+2.57% | +0.87%+3.30% | +1.52%n/a |
| Max drawdown | IBMO IROC | n/a-2.92% | -0.14%-2.92% | -1.20%-4.12% | -8.44%n/a |
| Max drawdown duration | IBMO IROC | n/a58d | 51d58d | 58d188d | 1290dn/a |
Trading data
IBMO | IROC | |
Last sale 9/3/2026 at 1:30 PM | $25.60 | $49.87 |
| Previous close 09/02/2026 | $25.60 | $49.80 |
| Consolidated volume 09/02/2026 | ||
| 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
Create an account to view replication metrics
Join for free
IROC
is actively managed and doesn’t replicate an indexIBMO | IROC | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/3/2026 at 1:30 PM
Live
Closed
IBMO | IROC | |
|---|---|---|
| Last price | $25.60 | $49.87 |
| 1D performance | +0.02% | +0.14% |
| AuM | $553.21 M | $156.11 M |
| E/R | 0.1% | 0.4% |
Advertisement
Exposure
Countries
IBMO
USA
39.9%
Other
60.1%
IROC
USA
40.34%
Other
59.66%
Sectors
IBMO
Municipal
39.89%
Other
60.11%
IROC
Municipal
40.34%
Other
59.66%
Advertisement
Diversification
IBMO
Total weight of top 15 holdings out of 15
41.27%
IROC
Total weight of top 15 holdings out of 15
18.68%
Top 15 holdings
Data as of July 31, 2026
IBMO
Orlando Utilities Commission, FRN 1oct2039, USD (2015B)
4.35%
US20775DTT99
4.17%
US812643ZK32
3.69%
US79642GTU66
3.69%
US254845VW74
3.48%
US44244CN944
3.48%
US89602RPH20
2.64%
Battery Park City Authority, FRN 1nov2038, USD (2019D)
2.37%
US576051R651
2.26%
Metropolitan Atlanta Rapid Transit Authority, FRN 1jul2045, USD (2026B)
2.09%
Long Island Power Authority, FRN 1sep2042, USD (2026A)
2.00%
US495290ET12
1.84%
US542691LG38
1.74%
US677632R946
1.74%
US64972GSC95
1.74%
IROC
US121342PQ61
1.53%
US647370EK77
1.53%
Washington Suburban Sanitary District, FRN 1jun2027, USD
1.53%
US20775DTU62
1.53%
Black Belt Energy Gas District, 5% 1nov2036, USD (2026)
1.19%
US20775DU831
1.16%
US83704HAM97
1.16%
Central Plains Energy Gas Project, 5% 1sep2042, USD (2017A)
1.16%
Lake Retirement Facility, 5.75% 15aug2055, USD (2020A)
1.15%
US63608TBQ22
1.15%
Bucks Industrial Development Authority, 5% 1jul2054, USD (2021)
1.13%
Massachusetts Development Finance Agency, 5.375% 1jul2061, USD (2026A)
1.12%
US13059TFH77
1.11%
Massachusetts Development Finance Agency, 5% 1jan2047, USD
1.11%
US928097AA20
1.11%
Frequently asked questions about IBMO and IROC
How have the IBMO and IROC ETFs performed in 2026?
As of September 2, 2026, IBMO is up 1.61% year-to-date (YTD), while IROC has lost -0.72%. That puts IBMO better performer ahead so far this year.
Which ETF is attracting more investor money: IBMO or IROC?
Year-to-date, the IBMO ETF saw -$15M in flows, compared to +$53M for IROC.
Which ETF is more volatile: IBMO or IROC?
Over the past year, IBMO had a volatility of 0.25%, while IROC experienced 2.57%.
Which ETF is bigger: IBMO or IROC?
As of September 2, 2026, IBMO holds $553.21 M in assets under management (AUM), while IROC manages $156.11 M.
What sectors do the IBMO and IROC ETFs invest in?
IBMO leans toward sectors like Municipal. Meanwhile, IROC focuses on Municipal.
What are the top holdings of the IBMO ETF and IROC ETF?
IBMO top holdings include Orlando Utilities Commission, FRN 1oct2039, USD (2015B), US20775DTT99 and US812643ZK32. IROC holds in its top three: US121342PQ61, US647370EK77 and Washington Suburban Sanitary District, FRN 1jun2027, USD.
Which ETF is more diversified: IBMO or IROC?
IBMO holds 713 securities with 41.27% of its assets in the top 15. IROC has 155 securities and a top 15 weight of 18.68%.
Advertisement
Advertisement
