VGM vs. VIG
Compare and contrast key facts about Invesco Trust for Investment Grade Municipals (VGM) and Vanguard Dividend Appreciation ETF (VIG).
VIG is a passively managed fund by Vanguard that tracks the performance of the NASDAQ US Dividend Achievers Select Index. It was launched on Apr 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VGM or VIG.
Key characteristics
| VGM | VIG | |
|---|---|---|
| YTD Return | 9.35% | 19.08% |
| 1Y Return | 19.26% | 25.89% |
| 3Y Return (Ann) | -4.41% | 8.23% |
| 5Y Return (Ann) | 0.88% | 12.60% |
| 10Y Return (Ann) | 3.08% | 11.82% |
| Sharpe Ratio | 1.96 | 2.66 |
| Sortino Ratio | 3.09 | 3.73 |
| Omega Ratio | 1.37 | 1.49 |
| Calmar Ratio | 0.69 | 5.18 |
| Martin Ratio | 10.94 | 17.23 |
| Ulcer Index | 1.76% | 1.53% |
| Daily Std Dev | 9.85% | 9.89% |
| Max Drawdown | -49.37% | -46.81% |
| Current Drawdown | -15.59% | -1.40% |
Correlation
The correlation between VGM and VIG is 0.12, 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
VGM vs. VIG - Performance Comparison
In the year-to-date period, VGM achieves a 9.35% return, which is significantly lower than VIG's 19.08% return. Over the past 10 years, VGM has underperformed VIG with an annualized return of 3.08%, while VIG has yielded a comparatively higher 11.82% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
VGM vs. VIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Trust for Investment Grade Municipals (VGM) and Vanguard Dividend Appreciation ETF (VIG). 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
VGM vs. VIG - Dividend Comparison
VGM's dividend yield for the trailing twelve months is around 5.97%, more than VIG's 1.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VGM Invesco Trust for Investment Grade Municipals | 5.97% | 4.40% | 5.66% | 4.66% | 4.66% | 4.86% | 5.99% | 5.83% | 6.52% | 6.62% | 6.64% | 7.68% |
VIG Vanguard Dividend Appreciation ETF | 1.71% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% | 1.84% |
Drawdowns
VGM vs. VIG - Drawdown Comparison
The maximum VGM drawdown since its inception was -49.37%, which is greater than VIG's maximum drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for VGM and VIG. For additional features, visit the drawdowns tool.
Volatility
VGM vs. VIG - Volatility Comparison
The current volatility for Invesco Trust for Investment Grade Municipals (VGM) is 3.33%, while Vanguard Dividend Appreciation ETF (VIG) has a volatility of 3.53%. This indicates that VGM experiences smaller price fluctuations and is considered to be less risky than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.