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IBMVvsCAGEETF Comparison

ETF 1
IBMV

iShares iBonds Dec 2033 Term Muni Bond ETF

This fund is part of
Municipal Bonds
-0.42%
VS
ETF 2
CAGE

Calamos Autocallable Growth ETF

This fund is part of
Options Strategies
-0.47%

iShares iBonds Dec 2033 Term Muni Bond ETF (IBMV) and Calamos Autocallable Growth ETF (CAGE) have similar underlying exposures to countries and sectors. IBMV's top 2 sector exposures are Municipal and Non-Corporate. In contrast, CAGE's top sector exposures are Sovereign. IBMV is less expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.82% for CAGE. Run a side-by-side ETF comparison of IBMV and CAGE 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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IBMV vs CAGE performance and flow charts

Performance

0.01.02.03.04.05.0%Aug 3Aug 10Aug 17Aug 24Aug 31

Cumulative Flows

0 M5 M10 M15 M20 M25 M30 M35 MAug 3Aug 10Aug 17Aug 24Aug 31

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Historic performance and flows
Data as of 08/31/2026
1M3MYTD1Y3Y5Y
Perf.
IBMV
CAGE
+0.36%+0.07%
-0.93%-0.18%
n/an/a
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Flows
IBMV
CAGE
+$4M+$32M
+$8M+$96M
--
--
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
IBMV
CAGE
+2.42%+22.73%
n/an/a
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Max drawdown
IBMV
CAGE
-2.11%-6.69%
n/an/a
n/an/a
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Max drawdown duration
IBMV
CAGE
56d62d
n/an/a
n/an/a
n/an/a
Trading data

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IBMV
CAGE
Last sale
9/2/2026 at 3:10 PM
$28.57
Previous close
08/31/2026
$28.39
Consolidated volume
08/31/2026
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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CAGE
is actively managed and doesn’t replicate an index

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IBMV
CAGE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/2/2026 at 3:10 PM
Live
Closed
IBMV
CAGE
Last price
$28.57
1D performance
+0.62%
AuM$11.20 M$140.09 M
E/R0.1%0.82%
Characteristics
IBMV
CAGE
Management strategyPassiveActive
ProvideriSharesCalamos Investments
BenchmarkS&P AMT-Free Municipal Series Callable-Adjusted 2033 Index-
N° of holdings602
Asset class--
Trailing 12m distribution yield
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Inception dateMarch 25, 2026April 16, 2026
ESGNoNo
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Exposure

Countries

IBMV
USA
18.93%
Other
81.07%
CAGE
USA
17.36%
Other
82.64%

Sectors

IBMV
Municipal
18.77%
Other
81.23%
CAGE
Sovereign
17.36%
Other
82.64%
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Diversification

IBMV

Total weight of top 15 holdings out of 15

15.31%
CAGE

Total weight of top 2 holdings out of 2

98.34%

Top 15 holdings

Data as of July 31, 2026
IBMV
US447726RP73
2.04%
University of California, 5% 15may2033, USD (2020A)
1.89%
US207758K448
1.39%
US927793V896
1.02%
US684517SR71
0.98%
US64986DPU36
0.98%
US56185NGF96
0.88%
City of New York, 5.75% 1aug2005, USD
0.87%
California, 5% 1oct2033, USD
0.78%
US29270C5F84
0.77%
City of New York, 6.125% 1aug2010, USD
0.76%
US546589W996
0.76%
US575579P847
0.76%
US167736W454
0.75%
US767121CV66
0.68%
CAGE
US12811T5149
80.98%
USA, Bills 0% 7jan2027, USD (182D)
17.36%
Frequently asked questions about IBMV and CAGE

Which ETF is bigger: IBMV or CAGE?

As of August 31, 2026, IBMV holds $11.20 M in assets under management (AUM), while CAGE manages $140.09 M.

What sectors do the IBMV and CAGE ETFs invest in?

IBMV leans toward sectors like Municipal. Meanwhile, CAGE focuses on Sovereign.

What are the top holdings of the IBMV ETF and CAGE ETF?

IBMV top holdings include US447726RP73, University of California, 5% 15may2033, USD (2020A) and US207758K448. CAGE holds in its top three: US12811T5149 and USA, Bills 0% 7jan2027, USD (182D).

Which ETF is more diversified: IBMV or CAGE?

IBMV holds 308 securities with 15.31% of its assets in the top 15. CAGE has 2 securities.

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