RINC vs. VLT

Last updated Jun 4, 2026

RINC (AXS Real Estate Income ETF) is REIT fund tracking the Gapstow Real Estate Income Index, while VLT (Invesco High Income Trust II) is a stock. At a 0.36 correlation, their price movements are largely independent.

Performance

RINC vs. VLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AXS Real Estate Income ETF (RINC) and Invesco High Income Trust II (VLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RINC

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VLT

• 1D: -0.29%
• 1M: 0.95%
• YTD: -2.21%
• 6M: -0.98%
• 1Y: 8.60%
• 3Y*: 11.91%
• 5Y*: 3.82%
• 10Y*: 6.47%

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

RINC vs. VLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RINC AXS Real Estate Income ETF	0.00%	7.75%	-5.74%	1.71%
VLT Invesco High Income Trust II	-2.21%	13.22%	17.38%	4.22%

Correlation

The correlation between RINC and VLT is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (All Time) Calculated using the full available price history since Aug 29, 2023	0.36

Over the past year, the correlation between RINC and VLT has dropped to 0.01 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.

Return for Risk

RINC vs. VLT — Risk / Return Rank

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

VLT

VLT Risk / Return Rank: 66
VLT Sharpe Ratio Rank: 73
VLT Sortino Ratio Rank: 67
VLT Omega Ratio Rank: 67
VLT Calmar Ratio Rank: 58
VLT Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RINC vs. VLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AXS Real Estate Income ETF (RINC) and Invesco High Income Trust II (VLT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	RINC	VLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.07	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.33	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.14	—

Drawdowns

Drawdown Indicators

	RINC	VLT	Difference
Max Drawdown Largest peak-to-trough decline	—	-75.78%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-10.55%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-30.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.02%	—
Current Drawdown Current decline from peak	—	-3.42%	—
Average Drawdown Average peak-to-trough decline	—	-16.95%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.95%	—

Volatility

Volatility by Period

	RINC	VLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	8.05%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	11.72%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	13.93%	—

Dividends

RINC vs. VLT - Dividend Comparison

RINC's dividend yield for the trailing twelve months is around 2.16%, less than VLT's 10.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RINC AXS Real Estate Income ETF	2.16%	6.04%	10.85%	3.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VLT Invesco High Income Trust II	10.78%	10.27%	10.55%	11.13%	11.27%	8.06%	8.51%	8.10%	8.44%	7.00%	8.06%	9.71%

Frequently Asked Questions

Can I hold both RINC and VLT in my portfolio?

RINC and VLT have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.