VTN vs. VOO
Compare and contrast key facts about Invesco Trust for Investment Grade New York Municipals (VTN) and Vanguard S&P 500 ETF (VOO).
VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTN or VOO.
Correlation
The correlation between VTN and VOO is 0.13, 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
VTN vs. VOO - Performance Comparison
Key characteristics
VTN:
0.58
VOO:
0.74
VTN:
0.94
VOO:
1.14
VTN:
1.12
VOO:
1.17
VTN:
0.38
VOO:
0.76
VTN:
1.17
VOO:
2.98
VTN:
5.65%
VOO:
4.75%
VTN:
11.36%
VOO:
19.14%
VTN:
-49.37%
VOO:
-33.99%
VTN:
-11.55%
VOO:
-7.79%
Returns By Period
In the year-to-date period, VTN achieves a 1.32% return, which is significantly higher than VOO's -3.53% return. Over the past 10 years, VTN has underperformed VOO with an annualized return of 2.24%, while VOO has yielded a comparatively higher 12.33% annualized return.
VTN
1.32%
0.50%
-3.85%
5.30%
2.40%
2.24%
VOO
-3.53%
11.27%
-0.45%
11.69%
16.51%
12.33%
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Risk-Adjusted Performance
VTN vs. VOO — Risk-Adjusted Performance Rank
VTN
VOO
VTN vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Trust for Investment Grade New York Municipals (VTN) and Vanguard S&P 500 ETF (VOO). 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
VTN vs. VOO - Dividend Comparison
VTN's dividend yield for the trailing twelve months is around 7.68%, more than VOO's 1.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTN Invesco Trust for Investment Grade New York Municipals | 7.68% | 6.39% | 3.87% | 5.07% | 4.21% | 4.21% | 4.54% | 5.76% | 5.02% | 5.99% | 5.60% | 6.51% |
VOO Vanguard S&P 500 ETF | 1.35% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
VTN vs. VOO - Drawdown Comparison
The maximum VTN drawdown since its inception was -49.37%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VTN and VOO. For additional features, visit the drawdowns tool.
Volatility
VTN vs. VOO - Volatility Comparison
The current volatility for Invesco Trust for Investment Grade New York Municipals (VTN) is 4.91%, while Vanguard S&P 500 ETF (VOO) has a volatility of 12.94%. This indicates that VTN experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.