CFNB vs. VCV

Last updated Aug 1, 2026

CFNB (California First Leasing Corporation) and VCV (Invesco California Value Municipal Income Trust) are both stocks. Both are in the Financial Services sector — CFNB in Credit Services, VCV in Asset Management. Over the past 10 years, CFNB returned 7.28%/yr vs 2.31%/yr for VCV. Their 0.04 correlation means their historical movements had little consistent relationship.

Performance

CFNB vs. VCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in California First Leasing Corporation (CFNB) and Invesco California Value Municipal Income Trust (VCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CFNB achieves a 3.23% return, which is significantly higher than VCV's -1.19% return. Over the past 10 years, CFNB has outperformed VCV with an annualized return of 7.28%, while VCV has yielded a comparatively lower 2.31% annualized return.

CFNB

• 1D: 4,141.53%
• 1M: -15.17%
• 6M: 3.67%
• YTD: 3.23%
• 1Y: 51.74%
• 3Y*: 20.42%
• 5Y*: 9.28%
• 10Y*: 7.28%
• ALL TIME*: 3.23%

VCV

• 1D: 0.38%
• 1M: -1.64%
• 6M: -1.66%
• YTD: -1.19%
• 1Y: 10.69%
• 3Y*: 9.22%
• 5Y*: -0.27%
• 10Y*: 2.31%
• ALL TIME*: 5.11%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CFNB California First Leasing Corporation	$190.18	$171.16	$176.53K
VCV Invesco California Value Municipal Income Trust	$1.27M	$1.09M	$1.04M

CFNB vs. VCV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CFNB California First Leasing Corporation	3.23%	18.72%	40.36%	3.72%	-10.28%	18.89%	-8.95%	17.74%	-6.11%	-3.58%
VCV Invesco California Value Municipal Income Trust	-1.19%	9.44%	18.62%	7.91%	-28.40%	9.65%	7.85%	18.63%	-5.27%	9.01%

Correlation

The correlation between CFNB and VCV is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.07
Correlation (3Y) Balances recent behavior with more history.	0.08
Correlation (5Y) Shows whether the relationship held over a longer period.	0.05
Correlation (10Y) Provides a long-term view across more market conditions.	0.03
Correlation (All Time) Calculated using the full available price history since Aug 29, 2006	0.04

Fundamentals

Market Cap CFNB : $258.61M VCV : $507.07M
EPS CFNB : $377.58 VCV : $0.62
PE Ratio CFNB : 3.81 VCV : 16.97
PEG Ratio CFNB : 0.04 VCV : 0.09
PS Ratio CFNB : 2.65 VCV : 7.82
PB Ratio CFNB : 0.88 VCV : 0.99
Total Revenue (TTM) CFNB : $97.71M VCV : $64.85M
Gross Profit (TTM) CFNB : $94.08M VCV : $46.46M
EBITDA (TTM) CFNB : $95.07M VCV : $58.08M

Return for Risk

CFNB vs. VCV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CFNB

CFNB Risk / Return Rank: 75
CFNB Sharpe Ratio Rank: 45
CFNB Sortino Ratio Rank: 100
CFNB Omega Ratio Rank: 100
CFNB Calmar Ratio Rank: 58
CFNB Martin Ratio Rank: 71

VCV

VCV Risk / Return Rank: 78
VCV Sharpe Ratio Rank: 82
VCV Sortino Ratio Rank: 79
VCV Omega Ratio Rank: 80
VCV Calmar Ratio Rank: 75
VCV Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CFNB vs. VCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for California First Leasing Corporation (CFNB) and Invesco California Value Municipal Income Trust (VCV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CFNB	VCV	Difference
Sharpe ratio: Return per unit of total volatility	0.01	1.35	-1.33
Sortino ratio: Return per unit of downside risk	42.67	1.98	+40.70
Omega ratio: Gain probability vs. loss probability	28.56	1.26	+27.30
Calmar ratio: Return relative to maximum drawdown	0.56	1.60	-1.04
Martin ratio: Return relative to average drawdown	2.97	4.09	-1.12

CFNB vs. VCV - Sharpe Ratio Comparison

The current CFNB Sharpe Ratio is 0.01, which is lower than the VCV Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of CFNB and VCV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CFNB vs. VCV - Drawdown Comparison

The maximum CFNB drawdown since its inception was -98.00%, which is greater than VCV's maximum drawdown of -59.02%. Use the drawdown chart below to compare losses from any high point for CFNB and VCV.

Drawdown Indicators

	CFNB	VCV	Difference
Max Drawdown Largest peak-to-trough decline	-98.00%	-59.02%	-38.98%
Max Drawdown (1Y) Largest decline over 1 year	-98.00%	-8.29%	-89.71%
Max Drawdown (3Y) Largest decline over 3 years	-98.00%	-15.18%	-82.82%
Max Drawdown (5Y) Largest decline over 5 years	-98.00%	-38.55%	-59.45%
Max Drawdown (10Y) Largest decline over 10 years	-98.00%	-38.55%	-59.45%
Current Drawdown Current decline from peak	-15.17%	-3.95%	-11.22%
Average Drawdown Average peak-to-trough decline	-16.69%	-8.54%	-8.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.06%	3.24%	+14.82%

Volatility

CFNB vs. VCV - Volatility Comparison

California First Leasing Corporation (CFNB) has a higher volatility of 555.10% compared to Invesco California Value Municipal Income Trust (VCV) at 2.38%. This indicates that CFNB's price experiences larger fluctuations and is considered to be riskier than VCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CFNB	VCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	555.10%	2.38%	+552.72%
Volatility (6M) Calculated over the trailing 6-month period	544.06%	5.65%	+538.41%
Volatility (1Y) Calculated over the trailing 1-year period	4,236.42%	9.88%	+4,226.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1,864.63%	12.92%	+1,851.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1,314.88%	13.75%	+1,301.13%

Dividends

CFNB vs. VCV - Dividend Comparison

CFNB has not paid dividends to shareholders, while VCV's dividend yield for the trailing twelve months is around 7.35%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CFNB California First Leasing Corporation	0.00%	0.00%	0.03%	0.00%	0.00%	0.06%	0.07%	0.06%	0.07%	0.06%	0.06%	0.07%
VCV Invesco California Value Municipal Income Trust	7.35%	6.96%	5.76%	4.16%	5.46%	4.09%	4.07%	4.43%	5.46%	5.10%	5.86%	5.98%

Financials

Frequently Asked Questions

Can I hold both CFNB and VCV in my portfolio?

CFNB and VCV have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CFNB or VCV?

CFNB has higher volatility (555.10%) compared to VCV (2.38%). In terms of maximum drawdown, CFNB dropped -98.00% vs VCV's -59.02%.

Which has better risk-adjusted returns?

VCV currently has the higher Sharpe Ratio (1.35 vs 0.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.