VPV vs. SPSK
Compare and contrast key facts about Invesco Pennsylvania Value Municipal Income Trust (VPV) and SP Funds Dow Jones Global Sukuk ETF (SPSK).
SPSK is a passively managed fund by Toroso Investments that tracks the performance of the Dow Jones Sukuk Total Return (No Coupon Reinvestment). It was launched on Dec 30, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VPV or SPSK.
Key characteristics
| VPV | SPSK | |
|---|---|---|
| YTD Return | 16.19% | 2.26% |
| 1Y Return | 25.15% | 5.76% |
| 3Y Return (Ann) | -1.86% | -0.64% |
| Sharpe Ratio | 2.93 | 1.06 |
| Sortino Ratio | 4.60 | 1.64 |
| Omega Ratio | 1.67 | 1.19 |
| Calmar Ratio | 1.00 | 0.84 |
| Martin Ratio | 20.31 | 8.63 |
| Ulcer Index | 1.35% | 0.87% |
| Daily Std Dev | 9.36% | 7.08% |
| Max Drawdown | -45.33% | -12.83% |
| Current Drawdown | -9.17% | -3.30% |
Correlation
The correlation between VPV and SPSK is 0.24, 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
VPV vs. SPSK - Performance Comparison
In the year-to-date period, VPV achieves a 16.19% return, which is significantly higher than SPSK's 2.26% 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
VPV vs. SPSK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Pennsylvania Value Municipal Income Trust (VPV) and SP Funds Dow Jones Global Sukuk ETF (SPSK). 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
VPV vs. SPSK - Dividend Comparison
VPV's dividend yield for the trailing twelve months is around 4.71%, more than SPSK's 2.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VPV Invesco Pennsylvania Value Municipal Income Trust | 4.71% | 3.86% | 5.51% | 4.29% | 4.59% | 4.85% | 5.94% | 5.14% | 6.00% | 6.09% | 6.48% | 7.41% |
SPSK SP Funds Dow Jones Global Sukuk ETF | 2.94% | 2.95% | 2.22% | 2.56% | 1.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VPV vs. SPSK - Drawdown Comparison
The maximum VPV drawdown since its inception was -45.33%, which is greater than SPSK's maximum drawdown of -12.83%. Use the drawdown chart below to compare losses from any high point for VPV and SPSK. For additional features, visit the drawdowns tool.
Volatility
VPV vs. SPSK - Volatility Comparison
Invesco Pennsylvania Value Municipal Income Trust (VPV) has a higher volatility of 2.60% compared to SP Funds Dow Jones Global Sukuk ETF (SPSK) at 1.70%. This indicates that VPV's price experiences larger fluctuations and is considered to be riskier than SPSK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.