VPV vs. BMEZ
VPV (Invesco Pennsylvania Value Municipal Income Trust) and BMEZ (BlackRock Health Sciences Trust II) are both stocks. Both are in the Financial Services sector — VPV in Asset Management, BMEZ in Capital Markets. Over the past 5 years, VPV returned 2.09%/yr vs -2.57%/yr for BMEZ. At a 0.26 correlation, their price movements are largely independent.
Performance
VPV vs. BMEZ - Performance Comparison
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Returns By Period
In the year-to-date period, VPV achieves a 11.56% return, which is significantly higher than BMEZ's 6.85% return.
VPV
- 1D
- 0.27%
- 1M
- -0.47%
- 6M
- 9.88%
- YTD
- 11.56%
- 1Y
- 20.71%
- 3Y*
- 11.35%
- 5Y*
- 2.09%
- 10Y*
- 3.36%
BMEZ
- 1D
- -0.71%
- 1M
- 6.51%
- 6M
- 5.24%
- YTD
- 6.85%
- 1Y
- 18.05%
- 3Y*
- 9.26%
- 5Y*
- -2.57%
- 10Y*
- —
VPV vs. BMEZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VPV Invesco Pennsylvania Value Municipal Income Trust | 11.56% | 9.96% | 9.04% | 6.10% | -26.32% | 14.57% | -0.12% |
BMEZ BlackRock Health Sciences Trust II | 6.85% | 18.69% | 9.54% | 5.07% | -32.65% | -6.00% | 48.99% |
Correlation
The correlation between VPV and BMEZ is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2020 | 0.26 |
The correlation between VPV and BMEZ shifts across timeframes, from 0.09 (1 year) to 0.26 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
VPV:
$201.06M
BMEZ:
$1.56B
VPV:
$32.74M
BMEZ:
$58.97M
VPV:
$24.84M
BMEZ:
$52.95M
VPV:
$22.21M
BMEZ:
$43.53M
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Return for Risk
VPV vs. BMEZ — Risk / Return Rank
VPV
BMEZ
VPV vs. BMEZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Pennsylvania Value Municipal Income Trust (VPV) and BlackRock Health Sciences Trust II (BMEZ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VPV | BMEZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.21 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 1.61 | +1.28 |
| Martin ratioReturn relative to average drawdown | 9.72 | 3.98 | +5.74 |
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Drawdowns
VPV vs. BMEZ - Drawdown Comparison
The maximum VPV drawdown since its inception was -45.21%, roughly equal to the maximum BMEZ drawdown of -46.19%. Use the drawdown chart below to compare losses from any high point for VPV and BMEZ.
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Drawdown Indicators
| VPV | BMEZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.21% | -46.19% | +0.98% |
Max Drawdown (1Y)Largest decline over 1 year | -7.19% | -11.24% | +4.05% |
Max Drawdown (3Y)Largest decline over 3 years | -12.46% | -18.41% | +5.95% |
Max Drawdown (5Y)Largest decline over 5 years | -33.08% | -46.17% | +13.09% |
Max Drawdown (10Y)Largest decline over 10 years | -33.08% | — | — |
Current DrawdownCurrent decline from peak | -1.60% | -14.28% | +12.68% |
Average DrawdownAverage peak-to-trough decline | -8.45% | -24.04% | +15.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 4.56% | -2.42% |
Volatility
VPV vs. BMEZ - Volatility Comparison
Invesco Pennsylvania Value Municipal Income Trust (VPV) has a higher volatility of 4.30% compared to BlackRock Health Sciences Trust II (BMEZ) at 3.40%. This indicates that VPV's price experiences larger fluctuations and is considered to be riskier than BMEZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VPV | BMEZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.30% | 3.40% | +0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 9.12% | 11.34% | -2.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.43% | 15.14% | -4.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.46% | 19.89% | -9.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.02% | 24.02% | -12.00% |
Dividends
VPV vs. BMEZ - Dividend Comparison
VPV's dividend yield for the trailing twelve months is around 7.11%, less than BMEZ's 9.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMEZ BlackRock Health Sciences Trust II | 9.66% | 12.43% | 11.74% | 10.80% | 11.28% | 6.51% | 3.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VPV Invesco Pennsylvania Value Municipal Income Trust | 7.11% | 7.65% | 6.07% | 3.81% | 5.48% | 4.29% | 4.61% | 4.85% | 5.94% | 5.15% | 6.00% | 6.09% |
Financials
VPV vs. BMEZ - Financials Comparison
This section allows you to compare key financial metrics between Invesco Pennsylvania Value Municipal Income Trust and BlackRock Health Sciences Trust II. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
VPV and BMEZ have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VPV has higher volatility (4.30%) compared to BMEZ (3.40%). In terms of maximum drawdown, VPV dropped -45.21% vs BMEZ's -46.19%.
VPV currently has the higher Sharpe Ratio (2.00 vs 1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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