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ETFs

BlackRock Intermediate Muni Income Bond ETF

INMU
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Mar 16, 2021
Expense Ratio
0.3%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$41,722
AUM
$25,229,282
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
NEW JERSEY HEALTH CARE FACS FI
4.01%
—
OHIO ST HIGHER EDL FAC COMMN
3.89%
—
CHICAGO ILL MIDWAY ARPT REV
3.41%
—
TENNERGY CORP TENN GAS REV
3.1%
—
KANSAS CITY MO INDL DEV AUTH A
3.07%
—
NEW HOPE CULTURAL ED FACS FIN
2.99%
—
CALIFORNIA CMNTY CHOICE FING A
2.92%
—
KING CNTY WASH SWR REV
2.17%
—
NEW YORK N Y
2.15%
—
DISTRICT COLUMBIA
2.14%
Invest with INMU
Trade INMU Options

What is INMU?

Under normal circumstances, the Fund seeks toachieve its objective by investing at least 80% of itsassets in municipal bonds. The Fund may invest in municipal bonds rated in anyrating category or in unrated municipal bonds. Fundmanagement chooses municipal bonds that it believesoffer a relatively high potential for total return relativeto their total risk. Although the Fund may invest inmunicipal bonds in any rating category, Fundmanagement presently intends to invest the Fund sassets primarily in investment grade municipal bonds.Investment grade bonds are securities which arerated in the four highest rating categories by at leastone of the major rating agencies or determined by themanagement team to be of similar quality. Generally,the higher the rating of a bond, the higher thelikelihood that interest and principal payments will bemade on time. The Fund may also invest in non-investment grade municipal bonds (commonly called high yield or junk bonds ).

1M
3M
6M
YTD
1Y
3Y
Max
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INMU
Performance Measures**

for the time period Mar 18, 2021 to Dec 4, 2025

Returns

1M Trailing Return: 0.2%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 3.1%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -10.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 3.6%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.54

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.18

The annualized return divided by the max drawdown for the selected time period.

ETFs related toINMU

ETFs correlated to INMU include VTES, SCMB, MUB

INMU
BlackRock ETF Trust II - BlackRock Intermediate Muni Income Bond ETF
VTES
Vanguard Wellington Fund - Vanguard Short-Term Tax Exempt Bond ETF
SCMB
Schwab Strategic Trust - Schwab Municipal Bond ETF
MUB
BlackRock Institutional Trust Company N.A. - iShares National Muni Bond ETF
ITM
VanEck ETF Trust - VanEck Intermediate Muni ETF
JMUB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Municipal ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
JMHI
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan High Yield Municipal ETF
MMIN
IndexIQ Active ETF Trust - IQ MacKay Municipal Insured ETF
IBMQ
iShares Trust - iShares iBonds Dec 2028 Term Muni Bond ETF
VTEB
Vanguard Group, Inc. - Vanguard Tax-Exempt Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

INMU is a US Bonds ETF. Under normal circumstances, the Fund seeks toachieve its objective by investing at least 80% of itsassets in municipal bonds. The Fund may invest in municipal bonds rated in anyrating category or in unrated municipal bonds. Fundmanagement chooses municipal bonds that it believesoffer a relatively high potential for total return relativeto their total risk. Although the Fund may invest inmunicipal bonds in any rating category, Fundmanagement presently intends to invest the Fund sassets primarily in investment grade municipal bonds.Investment grade bonds are securities which arerated in the four highest rating categories by at leastone of the major rating agencies or determined by themanagement team to be of similar quality. Generally,the higher the rating of a bond, the higher thelikelihood that interest and principal payments will bemade on time. The Fund may also invest in non-investment grade municipal bonds (commonly called high yield or junk bonds ).

Yes, INMU is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, INMU is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on INMU is -0.012%. This is the percent change in the value of INMU over the most recent 1-month period. The 3-month return on INMU is -0.0208%. This is the percent change in the value of INMU over the most recent 3-month period.

The standard deviation of INMU for the past year is 0.0356%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to INMU include SUB, HYD, and NYF.

ETFs correlated to INMU include VTES, SCMB, and MUB.

ETFs that are inversely correlated to INMU include TBT, TMV, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.