INMU vs IVV
iShares Intermediate Muni Income Active ETF vs iShares Core S&P 500 ETF
Which is better, INMU or IVV?
Municipal Bond against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | INMU | IVV |
|---|---|---|
| Expense Ratio | 0.30% | 0.03%Best |
| AUM | $552M | $876.4B |
| Dividend Yield | 3.42% | 1.06% |
| Holdings | 454 | 508 |
| YTD Return | -0.92% | +12.51%Best |
| 1Y Return | +1.06% | +17.57%Best |
| 3Y Return (annualized) | +3.85% | +21.27%Best |
| 5Y Return (annualized) | +1.03% | +12.95%Best |
| Volatility (annualized) | 5.2%Best | 15.3% |
| Max Drawdown | -10.7%Best | -24.5% |
| $10,000 over 5 years | $10,526 | $18,384Best |
| Fund Family | BlackRock, Inc. (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Municipal Bond | Large Cap Blend |
| Inception | Mar 16, 2021 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 18, 2021 to Sep 11, 2026 (5.5 years).
INMU vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.5 years both funds cover.
INMU vs IVV Performance
iShares Intermediate Muni Income Active ETF (INMU) is an ETF from BlackRock, Inc. (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year INMU returned +1.06% while IVV returned +17.57%. Year to date, INMU is down 0.92% versus a gain of 12.51% for IVV.
Over three years, INMU compounded at +3.85% per year against +21.27% for IVV; over five years the annualized figures are +1.03% and +12.95% respectively. Across the full 6-year window we track, IVV has the edge at +14.59% annualized vs +1.47%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 5.2% for INMU. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -10.7% for INMU and -24.5% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
INMU charges 0.30% per year while IVV charges 0.03%. On a $10,000 position that is $30 vs $3 annually, a gap of $27 per year that compounds over a long holding period. On income, INMU currently yields 3.42% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 122 holdings in INMU and 505 in IVV, totalling 26.2% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 122 positions we hold weights for in INMU and 505 in IVV, against full books of 454 and 508.
You are not choosing between two funds in isolation.
Whichever of INMU and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, INMU or IVV?
INMU has an expense ratio of 0.30% while IVV charges 0.03%. IVV is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, INMU or IVV?
Over the past year INMU returned +1.06% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), INMU annualized +1.47% vs +14.59% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, INMU or IVV?
IVV has been the more volatile fund at 15.3% annualized versus 5.2% for INMU. Worst drawdown: INMU -10.7% vs IVV -24.5%.
Should I hold both INMU and IVV?
INMU and IVV have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, INMU or IVV?
INMU yields 3.42% while IVV yields 1.06%, so INMU currently pays the higher dividend yield.
Is IVV better than INMU?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.