IIM vs. BLE
Compare and contrast key facts about Invesco Value Municipal Income Trust (IIM) and BlackRock Municipal Income Trust II (BLE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IIM or BLE.
Key characteristics
| IIM | BLE | |
|---|---|---|
| YTD Return | 11.46% | 6.11% |
| 1Y Return | 21.57% | 19.56% |
| 3Y Return (Ann) | -4.76% | -6.89% |
| 5Y Return (Ann) | 0.74% | -1.77% |
| 10Y Return (Ann) | 2.64% | 1.45% |
| Sharpe Ratio | 2.24 | 2.11 |
| Sortino Ratio | 3.38 | 3.10 |
| Omega Ratio | 1.43 | 1.39 |
| Calmar Ratio | 0.71 | 0.57 |
| Martin Ratio | 11.82 | 10.16 |
| Ulcer Index | 1.83% | 1.93% |
| Daily Std Dev | 9.63% | 9.25% |
| Max Drawdown | -40.15% | -55.29% |
| Current Drawdown | -15.15% | -21.58% |
Fundamentals
| IIM | BLE | |
|---|---|---|
| Market Cap | $592.69M | $518.32M |
| EPS | $1.17 | $0.61 |
| PE Ratio | 10.76 | 17.80 |
| PEG Ratio | 0.00 | 0.00 |
| Total Revenue (TTM) | $42.73M | $34.93M |
| Gross Profit (TTM) | $37.21M | $28.06M |
| EBITDA (TTM) | $43.27M | $40.39M |
Correlation
The correlation between IIM and BLE 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
IIM vs. BLE - Performance Comparison
In the year-to-date period, IIM achieves a 11.46% return, which is significantly higher than BLE's 6.11% return. Over the past 10 years, IIM has outperformed BLE with an annualized return of 2.64%, while BLE has yielded a comparatively lower 1.45% 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
IIM vs. BLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Value Municipal Income Trust (IIM) and BlackRock Municipal Income Trust II (BLE). 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
IIM vs. BLE - Dividend Comparison
IIM's dividend yield for the trailing twelve months is around 5.77%, more than BLE's 5.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IIM Invesco Value Municipal Income Trust | 5.77% | 4.73% | 5.88% | 4.51% | 4.48% | 4.62% | 5.41% | 4.99% | 5.52% | 5.20% | 5.49% | 6.67% |
BLE BlackRock Municipal Income Trust II | 5.64% | 4.05% | 5.91% | 4.93% | 4.64% | 4.60% | 5.72% | 5.97% | 6.30% | 6.19% | 6.22% | 7.69% |
Drawdowns
IIM vs. BLE - Drawdown Comparison
The maximum IIM drawdown since its inception was -40.15%, smaller than the maximum BLE drawdown of -55.29%. Use the drawdown chart below to compare losses from any high point for IIM and BLE. For additional features, visit the drawdowns tool.
Volatility
IIM vs. BLE - Volatility Comparison
Invesco Value Municipal Income Trust (IIM) and BlackRock Municipal Income Trust II (BLE) have volatilities of 3.29% and 3.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
IIM vs. BLE - Financials Comparison
This section allows you to compare key financial metrics between Invesco Value Municipal Income Trust and BlackRock Municipal Income Trust II. 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