VPV vs. SLG
VPV (Invesco Pennsylvania Value Municipal Income Trust) and SLG (SL Green Realty Corp.) are both stocks. VPV operates in Asset Management (Financial Services), while SLG operates in REIT - Office (Real Estate). Over the past 10 years, VPV returned 3.00%/yr vs -2.08%/yr for SLG. At a 0.09 correlation, their price movements are largely independent.
Performance
VPV vs. SLG - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with VPV having a 10.77% return and SLG slightly higher at 11.13%. Over the past 10 years, VPV has outperformed SLG with an annualized return of 3.00%, while SLG has yielded a comparatively lower -2.08% annualized return.
VPV
- 1D
- 0.00%
- 1M
- 3.46%
- YTD
- 10.77%
- 6M
- 11.51%
- 1Y
- 21.42%
- 3Y*
- 11.39%
- 5Y*
- 2.17%
- 10Y*
- 3.00%
SLG
- 1D
- 1.07%
- 1M
- 15.78%
- YTD
- 11.13%
- 6M
- 14.68%
- 1Y
- -17.13%
- 3Y*
- 36.21%
- 5Y*
- -3.69%
- 10Y*
- -2.08%
VPV vs. SLG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VPV Invesco Pennsylvania Value Municipal Income Trust | 10.77% | 9.96% | 9.04% | 6.10% | -26.32% | 14.57% | 1.46% | 19.47% | 1.31% | 5.14% |
SLG SL Green Realty Corp. | 11.13% | -29.03% | 58.26% | 48.75% | -50.94% | 22.86% | -29.14% | 20.96% | -18.80% | -3.25% |
Correlation
The correlation between VPV and SLG is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 1997 | 0.09 |
The correlation between VPV and SLG shifts across timeframes, from 0.09 (all time) to 0.22 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
VPV:
$199.63M
SLG:
$3.87B
VPV:
$1.01
SLG:
-$2.05
VPV:
6.10
SLG:
3.86
VPV:
1.01
SLG:
1.17
VPV:
$32.74M
SLG:
$993.51M
VPV:
$24.84M
SLG:
$662.81M
VPV:
$22.21M
SLG:
$547.76M
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Return for Risk
VPV vs. SLG — Risk / Return Rank
VPV
SLG
VPV vs. SLG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Pennsylvania Value Municipal Income Trust (VPV) and SL Green Realty Corp. (SLG). 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 | SLG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.54 | ||
| Sortino ratioReturn per unit of downside risk | +3.55 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.95 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | -0.38 | +3.37 |
| Martin ratioReturn relative to average drawdown | 10.20 | -0.64 | +10.83 |
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Drawdowns
VPV vs. SLG - Drawdown Comparison
The maximum VPV drawdown since its inception was -45.21%, smaller than the maximum SLG drawdown of -94.02%. Use the drawdown chart below to compare losses from any high point for VPV and SLG.
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Drawdown Indicators
| VPV | SLG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.21% | -94.02% | +48.81% |
Max Drawdown (1Y)Largest decline over 1 year | -7.19% | -45.40% | +38.21% |
Max Drawdown (3Y)Largest decline over 3 years | -12.46% | -53.91% | +41.45% |
Max Drawdown (5Y)Largest decline over 5 years | -33.08% | -74.27% | +41.19% |
Max Drawdown (10Y)Largest decline over 10 years | -33.08% | -77.70% | +44.62% |
Current DrawdownCurrent decline from peak | -2.30% | -36.36% | +34.06% |
Average DrawdownAverage peak-to-trough decline | -8.46% | -27.45% | +18.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 26.90% | -24.79% |
Volatility
VPV vs. SLG - Volatility Comparison
The current volatility for Invesco Pennsylvania Value Municipal Income Trust (VPV) is 3.91%, while SL Green Realty Corp. (SLG) has a volatility of 10.51%. This indicates that VPV experiences smaller price fluctuations and is considered to be less risky than SLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VPV | SLG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.91% | 10.51% | -6.60% |
Volatility (6M)Calculated over the trailing 6-month period | 8.79% | 28.27% | -19.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.33% | 37.94% | -27.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.40% | 43.65% | -33.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.04% | 42.33% | -30.29% |
Dividends
VPV vs. SLG - Dividend Comparison
VPV's dividend yield for the trailing twelve months is around 7.17%, more than SLG's 4.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLG SL Green Realty Corp. | 4.32% | 6.18% | 4.43% | 7.15% | 10.94% | 5.09% | 7.81% | 3.74% | 4.16% | 3.11% | 2.73% | 2.23% |
VPV Invesco Pennsylvania Value Municipal Income Trust | 7.17% | 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. SLG - Financials Comparison
This section allows you to compare key financial metrics between Invesco Pennsylvania Value Municipal Income Trust and SL Green Realty Corp.. 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 SLG have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLG has higher volatility (10.51%) compared to VPV (3.91%). In terms of maximum drawdown, VPV dropped -45.21% vs SLG's -94.02%.
VPV currently has the higher Sharpe Ratio (2.08 vs -0.45), 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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