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MFM vs. VKQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

MFM vs. VKQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Municipal Income Trust (MFM) and Invesco Municipal Trust (VKQ). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
8.67%
7.28%
MFM
VKQ

Returns By Period

In the year-to-date period, MFM achieves a 11.88% return, which is significantly higher than VKQ's 10.03% return. Over the past 10 years, MFM has outperformed VKQ with an annualized return of 3.53%, while VKQ has yielded a comparatively lower 3.25% annualized return.


MFM

YTD

11.88%

1M

-2.25%

6M

7.85%

1Y

18.45%

5Y (annualized)

-0.39%

10Y (annualized)

3.53%

VKQ

YTD

10.03%

1M

-1.66%

6M

6.39%

1Y

16.30%

5Y (annualized)

0.93%

10Y (annualized)

3.25%

Fundamentals


MFMVKQ
Market Cap$228.18M$555.02M
EPS$0.17$0.96
PE Ratio32.5910.45
PEG Ratio0.000.00
Total Revenue (TTM)$8.53M$40.67M
Gross Profit (TTM)$7.32M$35.20M
EBITDA (TTM)$24.16M$42.20M

Key characteristics


MFMVKQ
Sharpe Ratio1.611.76
Sortino Ratio2.442.68
Omega Ratio1.301.34
Calmar Ratio0.690.60
Martin Ratio9.249.60
Ulcer Index1.97%1.77%
Daily Std Dev11.31%9.63%
Max Drawdown-54.24%-51.05%
Current Drawdown-12.99%-16.65%

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Correlation

-0.50.00.51.00.3

The correlation between MFM and VKQ is 0.29, 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.

Risk-Adjusted Performance

MFM vs. VKQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Municipal Income Trust (MFM) and Invesco Municipal Trust (VKQ). 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.


Sharpe ratio
The chart of Sharpe ratio for MFM, currently valued at 1.61, compared to the broader market-4.00-2.000.002.004.001.611.76
The chart of Sortino ratio for MFM, currently valued at 2.44, compared to the broader market-4.00-2.000.002.004.002.442.68
The chart of Omega ratio for MFM, currently valued at 1.30, compared to the broader market0.501.001.502.001.301.34
The chart of Calmar ratio for MFM, currently valued at 0.69, compared to the broader market0.002.004.006.000.690.60
The chart of Martin ratio for MFM, currently valued at 9.24, compared to the broader market-10.000.0010.0020.0030.009.249.60
MFM
VKQ

The current MFM Sharpe Ratio is 1.61, which is comparable to the VKQ Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of MFM and VKQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.61
1.76
MFM
VKQ

Dividends

MFM vs. VKQ - Dividend Comparison

MFM's dividend yield for the trailing twelve months is around 4.53%, less than VKQ's 6.10% yield.


TTM20232022202120202019201820172016201520142013
MFM
MFS Municipal Income Trust
4.53%4.20%4.92%4.37%4.72%4.71%5.98%5.65%5.75%5.78%6.04%7.07%
VKQ
Invesco Municipal Trust
6.10%4.60%5.63%4.71%4.66%4.99%5.98%5.76%6.43%6.39%6.37%7.35%

Drawdowns

MFM vs. VKQ - Drawdown Comparison

The maximum MFM drawdown since its inception was -54.24%, which is greater than VKQ's maximum drawdown of -51.05%. Use the drawdown chart below to compare losses from any high point for MFM and VKQ. For additional features, visit the drawdowns tool.


-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-12.99%
-16.65%
MFM
VKQ

Volatility

MFM vs. VKQ - Volatility Comparison

MFS Municipal Income Trust (MFM) has a higher volatility of 3.26% compared to Invesco Municipal Trust (VKQ) at 2.78%. This indicates that MFM's price experiences larger fluctuations and is considered to be riskier than VKQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.26%
2.78%
MFM
VKQ

Financials

MFM vs. VKQ - Financials Comparison

This section allows you to compare key financial metrics between MFS Municipal Income Trust and Invesco Municipal 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.


Quarterly
Annual

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


Values in USD except per share items