ACTHX vs. BATEX
Compare and contrast key facts about Invesco High Yield Municipal Fund (ACTHX) and BlackRock Allocation Target Shares Series E Portfolio (BATEX).
ACTHX is managed by Invesco. It was launched on Jan 1, 1986. BATEX is managed by BlackRock. It was launched on Aug 3, 2014.
Performance
ACTHX vs. BATEX - Performance Comparison
Loading graphics...
ACTHX vs. BATEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ACTHX Invesco High Yield Municipal Fund | -0.69% | 4.38% | 5.54% | 4.34% | -13.94% | 6.29% | 3.25% | 10.12% | 1.44% | 9.10% |
BATEX BlackRock Allocation Target Shares Series E Portfolio | -0.89% | 3.22% | 4.74% | 6.45% | -14.23% | 8.28% | 5.77% | 10.92% | 1.75% | 8.76% |
Returns By Period
In the year-to-date period, ACTHX achieves a -0.69% return, which is significantly higher than BATEX's -0.89% return. Over the past 10 years, ACTHX has underperformed BATEX with an annualized return of 2.70%, while BATEX has yielded a comparatively higher 2.94% annualized return.
ACTHX
- 1D
- 0.37%
- 1M
- -2.63%
- YTD
- -0.69%
- 6M
- 0.53%
- 1Y
- 2.42%
- 3Y*
- 3.60%
- 5Y*
- 0.51%
- 10Y*
- 2.70%
BATEX
- 1D
- 0.20%
- 1M
- -2.94%
- YTD
- -0.89%
- 6M
- 0.45%
- 1Y
- 1.72%
- 3Y*
- 3.51%
- 5Y*
- 0.72%
- 10Y*
- 2.94%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ACTHX vs. BATEX - Expense Ratio Comparison
ACTHX has a 1.39% expense ratio, which is higher than BATEX's 0.11% expense ratio.
Return for Risk
ACTHX vs. BATEX — Risk / Return Rank
ACTHX
BATEX
ACTHX vs. BATEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco High Yield Municipal Fund (ACTHX) and BlackRock Allocation Target Shares Series E Portfolio (BATEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ACTHX | BATEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.56 | 0.33 | +0.23 |
Sortino ratioReturn per unit of downside risk | 0.82 | 0.49 | +0.33 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.11 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.61 | 0.39 | +0.23 |
Martin ratioReturn relative to average drawdown | 1.70 | 0.98 | +0.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ACTHX | BATEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 0.33 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.09 | 0.13 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.50 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 0.58 | +0.50 |
Correlation
The correlation between ACTHX and BATEX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
ACTHX vs. BATEX - Dividend Comparison
ACTHX's dividend yield for the trailing twelve months is around 5.44%, more than BATEX's 4.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACTHX Invesco High Yield Municipal Fund | 5.44% | 7.14% | 5.64% | 4.22% | 4.72% | 3.95% | 4.33% | 4.70% | 4.78% | 4.71% | 5.11% | 4.93% |
BATEX BlackRock Allocation Target Shares Series E Portfolio | 4.73% | 5.01% | 3.74% | 2.98% | 5.41% | 3.29% | 3.50% | 3.80% | 4.75% | 2.88% | 0.98% | 0.13% |
Drawdowns
ACTHX vs. BATEX - Drawdown Comparison
The maximum ACTHX drawdown since its inception was -27.29%, which is greater than BATEX's maximum drawdown of -19.90%. Use the drawdown chart below to compare losses from any high point for ACTHX and BATEX.
Loading graphics...
Drawdown Indicators
| ACTHX | BATEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.29% | -19.90% | -7.39% |
Max Drawdown (1Y)Largest decline over 1 year | -6.45% | -7.14% | +0.69% |
Max Drawdown (5Y)Largest decline over 5 years | -19.83% | -19.90% | +0.07% |
Max Drawdown (10Y)Largest decline over 10 years | -19.83% | -19.90% | +0.07% |
Current DrawdownCurrent decline from peak | -2.63% | -2.94% | +0.31% |
Average DrawdownAverage peak-to-trough decline | -3.57% | -4.08% | +0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 2.80% | -0.48% |
Volatility
ACTHX vs. BATEX - Volatility Comparison
The current volatility for Invesco High Yield Municipal Fund (ACTHX) is 1.24%, while BlackRock Allocation Target Shares Series E Portfolio (BATEX) has a volatility of 1.31%. This indicates that ACTHX experiences smaller price fluctuations and is considered to be less risky than BATEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ACTHX | BATEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.24% | 1.31% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 2.21% | 2.29% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.89% | 7.69% | -0.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.67% | 5.73% | -0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.36% | 5.87% | -0.51% |