VPV vs. VDE
Compare and contrast key facts about Invesco Pennsylvania Value Municipal Income Trust (VPV) and Vanguard Energy ETF (VDE).
VDE is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Energy 25/50 Index. It was launched on Sep 23, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VPV or VDE.
Correlation
The correlation between VPV and VDE is 0.06, 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. VDE - Performance Comparison
Key characteristics
VPV:
0.90
VDE:
1.26
VPV:
1.39
VDE:
1.73
VPV:
1.19
VDE:
1.22
VPV:
0.40
VDE:
1.60
VPV:
2.96
VDE:
3.61
VPV:
3.00%
VDE:
6.22%
VPV:
9.81%
VDE:
17.84%
VPV:
-45.29%
VDE:
-74.16%
VPV:
-15.01%
VDE:
-2.17%
Returns By Period
In the year-to-date period, VPV achieves a -0.41% return, which is significantly lower than VDE's 9.44% return. Over the past 10 years, VPV has underperformed VDE with an annualized return of 2.05%, while VDE has yielded a comparatively higher 5.91% annualized return.
VPV
-0.41%
-2.03%
-2.02%
9.09%
-0.62%
2.05%
VDE
9.44%
12.76%
4.16%
22.59%
15.27%
5.91%
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Risk-Adjusted Performance
VPV vs. VDE — Risk-Adjusted Performance Rank
VPV
VDE
VPV vs. VDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Pennsylvania Value Municipal Income Trust (VPV) and Vanguard Energy ETF (VDE). 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. VDE - Dividend Comparison
VPV's dividend yield for the trailing twelve months is around 6.56%, more than VDE's 2.95% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VPV Invesco Pennsylvania Value Municipal Income Trust | 6.56% | 6.11% | 3.86% | 5.51% | 4.29% | 4.59% | 4.85% | 5.94% | 5.14% | 6.00% | 6.09% | 6.48% |
VDE Vanguard Energy ETF | 2.95% | 3.23% | 3.34% | 3.65% | 4.13% | 4.76% | 3.59% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% |
Drawdowns
VPV vs. VDE - Drawdown Comparison
The maximum VPV drawdown since its inception was -45.29%, smaller than the maximum VDE drawdown of -74.16%. Use the drawdown chart below to compare losses from any high point for VPV and VDE. For additional features, visit the drawdowns tool.
Volatility
VPV vs. VDE - Volatility Comparison
The current volatility for Invesco Pennsylvania Value Municipal Income Trust (VPV) is 3.55%, while Vanguard Energy ETF (VDE) has a volatility of 4.81%. This indicates that VPV experiences smaller price fluctuations and is considered to be less risky than VDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.