BLE vs. IIM
Compare and contrast key facts about BlackRock Municipal Income Trust II (BLE) and Invesco Value Municipal Income Trust (IIM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLE or IIM.
Key characteristics
| BLE | IIM | |
|---|---|---|
| YTD Return | 7.39% | 11.55% |
| 1Y Return | 18.10% | 18.87% |
| 3Y Return (Ann) | -6.68% | -4.49% |
| 5Y Return (Ann) | -1.66% | 0.69% |
| 10Y Return (Ann) | 1.63% | 2.70% |
| Sharpe Ratio | 1.98 | 2.00 |
| Sortino Ratio | 2.89 | 2.99 |
| Omega Ratio | 1.37 | 1.38 |
| Calmar Ratio | 0.58 | 0.69 |
| Martin Ratio | 9.22 | 10.16 |
| Ulcer Index | 1.96% | 1.86% |
| Daily Std Dev | 9.12% | 9.44% |
| Max Drawdown | -55.29% | -40.15% |
| Current Drawdown | -20.64% | -15.08% |
Fundamentals
| BLE | IIM | |
|---|---|---|
| Market Cap | $515.45M | $584.59M |
| EPS | $0.61 | $1.17 |
| PE Ratio | 17.70 | 10.62 |
| PEG Ratio | 0.00 | 0.00 |
| Total Revenue (TTM) | $34.93M | $42.73M |
| Gross Profit (TTM) | $28.06M | $37.21M |
| EBITDA (TTM) | $40.39M | $43.27M |
Correlation
The correlation between BLE and IIM is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BLE vs. IIM - Performance Comparison
In the year-to-date period, BLE achieves a 7.39% return, which is significantly lower than IIM's 11.55% return. Over the past 10 years, BLE has underperformed IIM with an annualized return of 1.63%, while IIM has yielded a comparatively higher 2.70% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BLE vs. IIM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Municipal Income Trust II (BLE) and Invesco Value Municipal Income Trust (IIM). 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.
Dividends
BLE vs. IIM - Dividend Comparison
BLE's dividend yield for the trailing twelve months is around 5.75%, less than IIM's 6.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLE BlackRock Municipal Income Trust II | 5.75% | 4.05% | 5.91% | 4.93% | 4.64% | 4.60% | 5.72% | 5.97% | 6.30% | 6.19% | 6.22% | 7.69% |
IIM Invesco Value Municipal Income Trust | 6.03% | 4.73% | 5.88% | 4.51% | 4.48% | 4.62% | 5.41% | 4.99% | 5.52% | 5.20% | 5.49% | 6.67% |
Drawdowns
BLE vs. IIM - Drawdown Comparison
The maximum BLE drawdown since its inception was -55.29%, which is greater than IIM's maximum drawdown of -40.15%. Use the drawdown chart below to compare losses from any high point for BLE and IIM. For additional features, visit the drawdowns tool.
Volatility
BLE vs. IIM - Volatility Comparison
BlackRock Municipal Income Trust II (BLE) has a higher volatility of 3.52% compared to Invesco Value Municipal Income Trust (IIM) at 3.22%. This indicates that BLE's price experiences larger fluctuations and is considered to be riskier than IIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BLE vs. IIM - Financials Comparison
This section allows you to compare key financial metrics between BlackRock Municipal Income Trust II and Invesco Value Municipal Income Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities