VKQ vs. IVV
Compare and contrast key facts about Invesco Municipal Trust (VKQ) and iShares Core S&P 500 ETF (IVV).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VKQ or IVV.
Key characteristics
| VKQ | IVV | |
|---|---|---|
| YTD Return | 11.32% | 27.23% |
| 1Y Return | 22.18% | 37.83% |
| 3Y Return (Ann) | -4.68% | 10.34% |
| 5Y Return (Ann) | 1.27% | 16.03% |
| 10Y Return (Ann) | 3.30% | 13.44% |
| Sharpe Ratio | 2.30 | 3.26 |
| Sortino Ratio | 3.55 | 4.32 |
| Omega Ratio | 1.45 | 1.61 |
| Calmar Ratio | 0.73 | 4.75 |
| Martin Ratio | 13.24 | 21.54 |
| Ulcer Index | 1.72% | 1.86% |
| Daily Std Dev | 9.89% | 12.22% |
| Max Drawdown | -51.05% | -55.25% |
| Current Drawdown | -15.67% | 0.00% |
Correlation
The correlation between VKQ and IVV 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
VKQ vs. IVV - Performance Comparison
In the year-to-date period, VKQ achieves a 11.32% return, which is significantly lower than IVV's 27.23% return. Over the past 10 years, VKQ has underperformed IVV with an annualized return of 3.30%, while IVV has yielded a comparatively higher 13.44% 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
VKQ vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Municipal Trust (VKQ) and iShares Core S&P 500 ETF (IVV). 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
VKQ vs. IVV - Dividend Comparison
VKQ's dividend yield for the trailing twelve months is around 5.71%, more than IVV's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VKQ Invesco Municipal Trust | 5.71% | 4.60% | 5.63% | 4.71% | 4.66% | 4.99% | 5.98% | 5.76% | 6.43% | 6.39% | 6.37% | 7.35% |
IVV iShares Core S&P 500 ETF | 1.24% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
Drawdowns
VKQ vs. IVV - Drawdown Comparison
The maximum VKQ drawdown since its inception was -51.05%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for VKQ and IVV. For additional features, visit the drawdowns tool.
Volatility
VKQ vs. IVV - Volatility Comparison
The current volatility for Invesco Municipal Trust (VKQ) is 2.42%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.93%. This indicates that VKQ experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.