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

Performance

VKQ vs. MFM - Performance Comparison

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

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.51%
9.11%
VKQ
MFM

Returns By Period

In the year-to-date period, VKQ achieves a 9.58% return, which is significantly lower than MFM's 11.67% return. Over the past 10 years, VKQ has underperformed MFM with an annualized return of 3.21%, while MFM has yielded a comparatively higher 3.51% annualized return.


VKQ

YTD

9.58%

1M

-1.57%

6M

6.51%

1Y

15.32%

5Y (annualized)

0.78%

10Y (annualized)

3.21%

MFM

YTD

11.67%

1M

-1.21%

6M

9.11%

1Y

17.04%

5Y (annualized)

-0.45%

10Y (annualized)

3.51%

Fundamentals


VKQMFM
Market Cap$551.14M$228.18M
EPS$0.96$0.17
PE Ratio10.3832.59
PEG Ratio0.000.00
Total Revenue (TTM)$40.67M$8.53M
Gross Profit (TTM)$35.20M$7.32M
EBITDA (TTM)$42.20M$24.16M

Key characteristics


VKQMFM
Sharpe Ratio1.621.55
Sortino Ratio2.472.36
Omega Ratio1.311.29
Calmar Ratio0.560.68
Martin Ratio8.778.78
Ulcer Index1.79%2.00%
Daily Std Dev9.69%11.29%
Max Drawdown-51.05%-54.24%
Current Drawdown-16.99%-13.15%

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Correlation

-0.50.00.51.00.3

The correlation between VKQ and MFM 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

VKQ vs. MFM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Municipal Trust (VKQ) and MFS Municipal Income Trust (MFM). 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 VKQ, currently valued at 1.62, compared to the broader market-4.00-2.000.002.004.001.621.55
The chart of Sortino ratio for VKQ, currently valued at 2.47, compared to the broader market-4.00-2.000.002.004.002.472.36
The chart of Omega ratio for VKQ, currently valued at 1.31, compared to the broader market0.501.001.502.001.311.29
The chart of Calmar ratio for VKQ, currently valued at 0.56, compared to the broader market0.002.004.006.000.560.68
The chart of Martin ratio for VKQ, currently valued at 8.77, compared to the broader market0.0010.0020.0030.008.778.78
VKQ
MFM

The current VKQ Sharpe Ratio is 1.62, which is comparable to the MFM Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of VKQ and MFM, 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
1.62
1.55
VKQ
MFM

Dividends

VKQ vs. MFM - Dividend Comparison

VKQ's dividend yield for the trailing twelve months is around 6.13%, more than MFM's 4.54% yield.


TTM20232022202120202019201820172016201520142013
VKQ
Invesco Municipal Trust
6.13%4.60%5.63%4.71%4.66%4.99%5.98%5.76%6.43%6.39%6.37%7.35%
MFM
MFS Municipal Income Trust
4.54%4.20%4.92%4.37%4.72%4.71%5.98%5.65%5.75%5.78%6.04%7.07%

Drawdowns

VKQ vs. MFM - Drawdown Comparison

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


-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-16.99%
-13.15%
VKQ
MFM

Volatility

VKQ vs. MFM - Volatility Comparison

The current volatility for Invesco Municipal Trust (VKQ) is 2.74%, while MFS Municipal Income Trust (MFM) has a volatility of 2.90%. This indicates that VKQ experiences smaller price fluctuations and is considered to be less risky than MFM 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
2.74%
2.90%
VKQ
MFM

Financials

VKQ vs. MFM - Financials Comparison

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