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IIM vs. VGM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between IIM and VGM is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

IIM vs. VGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Value Municipal Income Trust (IIM) and Invesco Trust for Investment Grade Municipals (VGM). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

IIM:

0.78

VGM:

0.37

Sortino Ratio

IIM:

0.98

VGM:

0.49

Omega Ratio

IIM:

1.13

VGM:

1.06

Calmar Ratio

IIM:

0.30

VGM:

0.15

Martin Ratio

IIM:

2.10

VGM:

1.16

Ulcer Index

IIM:

3.33%

VGM:

2.82%

Daily Std Dev

IIM:

10.85%

VGM:

11.07%

Max Drawdown

IIM:

-40.15%

VGM:

-49.37%

Current Drawdown

IIM:

-16.79%

VGM:

-18.97%

Fundamentals

Market Cap

IIM:

$554.94M

VGM:

$517.92M

EPS

IIM:

$0.45

VGM:

$0.38

PE Ratio

IIM:

26.20

VGM:

25.13

PEG Ratio

IIM:

0.00

VGM:

0.00

PS Ratio

IIM:

12.57

VGM:

12.24

PB Ratio

IIM:

0.89

VGM:

0.86

Total Revenue (TTM)

IIM:

$20.99M

VGM:

$20.01M

Gross Profit (TTM)

IIM:

$18.12M

VGM:

$17.08M

EBITDA (TTM)

IIM:

$23.73M

VGM:

$22.62M

Returns By Period

In the year-to-date period, IIM achieves a 1.18% return, which is significantly higher than VGM's -3.52% return. Over the past 10 years, IIM has outperformed VGM with an annualized return of 2.69%, while VGM has yielded a comparatively lower 2.39% annualized return.


IIM

YTD

1.18%

1M

2.77%

6M

-1.10%

1Y

8.37%

3Y*

1.87%

5Y*

1.68%

10Y*

2.69%

VGM

YTD

-3.52%

1M

1.00%

6M

-3.76%

1Y

4.01%

3Y*

2.66%

5Y*

0.99%

10Y*

2.39%

*Annualized

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Risk-Adjusted Performance

IIM vs. VGM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IIM
The Risk-Adjusted Performance Rank of IIM is 7070
Overall Rank
The Sharpe Ratio Rank of IIM is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of IIM is 6666
Sortino Ratio Rank
The Omega Ratio Rank of IIM is 6464
Omega Ratio Rank
The Calmar Ratio Rank of IIM is 6666
Calmar Ratio Rank
The Martin Ratio Rank of IIM is 7474
Martin Ratio Rank

VGM
The Risk-Adjusted Performance Rank of VGM is 5959
Overall Rank
The Sharpe Ratio Rank of VGM is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of VGM is 5151
Sortino Ratio Rank
The Omega Ratio Rank of VGM is 5151
Omega Ratio Rank
The Calmar Ratio Rank of VGM is 5959
Calmar Ratio Rank
The Martin Ratio Rank of VGM is 6666
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IIM vs. VGM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Value Municipal Income Trust (IIM) and Invesco Trust for Investment Grade Municipals (VGM). 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.


The current IIM Sharpe Ratio is 0.78, which is higher than the VGM Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of IIM and VGM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

IIM vs. VGM - Dividend Comparison

IIM's dividend yield for the trailing twelve months is around 7.94%, less than VGM's 8.27% yield.


TTM20242023202220212020201920182017201620152014
IIM
Invesco Value Municipal Income Trust
7.94%6.58%4.72%5.87%4.51%4.48%4.61%5.43%4.99%5.52%5.20%5.49%
VGM
Invesco Trust for Investment Grade Municipals
8.27%6.39%4.40%5.66%4.66%4.66%4.86%5.99%5.83%6.52%6.62%6.64%

Drawdowns

IIM vs. VGM - Drawdown Comparison

The maximum IIM drawdown since its inception was -40.15%, smaller than the maximum VGM drawdown of -49.37%. Use the drawdown chart below to compare losses from any high point for IIM and VGM. For additional features, visit the drawdowns tool.


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Volatility

IIM vs. VGM - Volatility Comparison

Invesco Value Municipal Income Trust (IIM) and Invesco Trust for Investment Grade Municipals (VGM) have volatilities of 2.69% and 2.58%, 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.


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Financials

IIM vs. VGM - Financials Comparison

This section allows you to compare key financial metrics between Invesco Value Municipal Income Trust and Invesco Trust for Investment Grade Municipals. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


-20.00M-10.00M0.0010.00M20.00M30.00MAprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJuly
20.99M
20.01M
(IIM) Total Revenue
(VGM) Total Revenue
Values in USD except per share items