VKQ vs. VWAHX
Compare and contrast key facts about Invesco Municipal Trust (VKQ) and Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX).
VWAHX is managed by Vanguard. It was launched on Dec 27, 1978.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VKQ or VWAHX.
Correlation
The correlation between VKQ and VWAHX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
VKQ vs. VWAHX - Performance Comparison
Key characteristics
VKQ:
0.79
VWAHX:
0.31
VKQ:
1.20
VWAHX:
0.44
VKQ:
1.15
VWAHX:
1.08
VKQ:
0.37
VWAHX:
0.30
VKQ:
2.88
VWAHX:
1.07
VKQ:
3.13%
VWAHX:
1.83%
VKQ:
11.44%
VWAHX:
6.22%
VKQ:
-51.05%
VWAHX:
-17.82%
VKQ:
-18.11%
VWAHX:
-3.82%
Returns By Period
In the year-to-date period, VKQ achieves a -1.47% return, which is significantly higher than VWAHX's -1.88% return. Both investments have delivered pretty close results over the past 10 years, with VKQ having a 2.75% annualized return and VWAHX not far ahead at 2.76%.
VKQ
-1.47%
-0.38%
-2.80%
6.83%
1.72%
2.75%
VWAHX
-1.88%
-2.81%
-1.62%
1.37%
2.03%
2.76%
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
VKQ vs. VWAHX — Risk-Adjusted Performance Rank
VKQ
VWAHX
VKQ vs. VWAHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Municipal Trust (VKQ) and Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX). 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. VWAHX - Dividend Comparison
VKQ's dividend yield for the trailing twelve months is around 7.75%, more than VWAHX's 3.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VKQ Invesco Municipal Trust | 7.75% | 6.43% | 4.60% | 5.63% | 4.71% | 4.65% | 4.96% | 5.98% | 5.78% | 6.44% | 6.39% | 6.38% |
VWAHX Vanguard High-Yield Tax-Exempt Fund Investor Shares | 3.57% | 3.75% | 3.53% | 3.37% | 2.86% | 3.09% | 3.36% | 3.79% | 3.69% | 3.75% | 3.69% | 3.78% |
Drawdowns
VKQ vs. VWAHX - Drawdown Comparison
The maximum VKQ drawdown since its inception was -51.05%, which is greater than VWAHX's maximum drawdown of -17.82%. Use the drawdown chart below to compare losses from any high point for VKQ and VWAHX. For additional features, visit the drawdowns tool.
Volatility
VKQ vs. VWAHX - Volatility Comparison
Invesco Municipal Trust (VKQ) has a higher volatility of 6.21% compared to Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX) at 4.77%. This indicates that VKQ's price experiences larger fluctuations and is considered to be riskier than VWAHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.