CEMB vs VKI

Comparison between ISHARES J.P. MORGAN EM CORPORATE BOND ETF (CEMB, ETF) and Invesco Advantage Municipal Income Trust II (VKI, ETF).

5-Year PerformanceCEMB has outperformed VKI, delivering a return of +1.9% compared to +0.4%

CEMB vs VKI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CEMB(ETF)	VKI(ETF)
Net Assets	$397M	$397M
Expense Ratio	0.50%	N/A
Max Drawdown	25.91%	61.69%
Sharpe Ratio	0.51	1.16
5Y Beta	0.13	0.24
5Y Dividends CAGR	4.82%	3.39%

Net Assets

CEMB

$397M

VKI

$397M

Expense Ratio

CEMB

0.50%

VKI

N/A

Max Drawdown

Winner

CEMB

25.91%

VKI

61.69%

Sharpe Ratio

CEMB

0.51

Winner

VKI

1.16

5Y Beta

Winner

CEMB

0.13

VKI

0.24

5Y Dividends CAGR

Winner

CEMB

4.82%

VKI

3.39%

CEMB vs VKI - Historical Returns

Returns include dividend reinvestment.

Period	CEMB	VKI
1 month	-0.17%	-1.48%
3 months	+0.32%	+3.68%
6 months	+1.04%	+3.49%
1 year	+5.26%	+19.22%
5 years(CAGR)	+1.87%	+0.38%
10 years(CAGR)	+3.35%	+2.02%
Max(CAGR)	+3.64%	+5.68%

Winner

CEMB

-0.17%

VKI

-1.48%

CEMB

+0.32%

Winner

VKI

+3.68%

CEMB

+1.04%

Winner

VKI

+3.49%

CEMB

+5.26%

Winner

VKI

+19.22%

5Y(CAGR)

Winner

CEMB

+1.87%

VKI

+0.38%

10Y(CAGR)

Winner

CEMB

+3.35%

VKI

+2.02%

Max(CAGR)

CEMB

+3.64%

Winner

VKI

+5.68%

CEMB vs VKI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CEMB	VKI
2026	+1.55%	+3.67%
2025	+8.77%	+11.28%
2024	+6.15%	+9.30%
2023	+8.26%	+2.46%
2022	-12.21%	-25.96%
2021	-0.61%	+12.89%
2020	+6.46%	+7.07%
2019	+13.74%	+16.75%
2018	-3.04%	-7.66%
2017	+6.77%	+8.11%
2016	+10.83%	+0.82%
2015	-1.70%	+8.01%
2014	+0.11%	+18.32%
2013	-5.29%	-15.90%
2012	+9.22%	+13.08%
2011	N/A	+18.94%
2010	N/A	+6.29%
2009	N/A	+55.49%
2008	N/A	-34.85%
2007	N/A	-6.41%
2006	N/A	+6.04%
2005	N/A	+7.40%
2004	N/A	-6.40%
2003	N/A	+12.27%
2002	N/A	+21.72%
2001	N/A	+12.53%
2000	N/A	+16.25%
1999	N/A	-3.32%

CEMB vs VKI Drawdown Comparison

The maximum drawdown for CEMB was -20.84%, occurring on Mar 19, 2020. Recovery took 114 trading sessions.

The maximum drawdown for VKI was -52.11%, occurring on Dec 15, 2008. Recovery took 404 trading sessions.

The current CEMB drawdown is -0.39%. The current VKI drawdown is -5.54%.

Rank	CEMB	VKI
#1	-20.84% Feb 21, 2020 - Aug 4, 2020	-52.11% Feb 12, 2008 - Sep 18, 2009
#2	-20.49% Sep 13, 2021 - Sep 27, 2024	-38.33% Sep 15, 2021 - Oct 25, 2023
#3	-11.84% May 2, 2013 - Jun 2, 2014	-25.25% Feb 25, 2020 - Nov 24, 2020
#4	-9.58% May 11, 2015 - Apr 4, 2016	-24.20% Oct 26, 2012 - Jan 30, 2015
#5	-7.73% Jul 10, 2014 - Apr 24, 2015	-19.70% Aug 10, 2016 - Jul 31, 2019
#6	-5.60% Jan 11, 2018 - Feb 4, 2019	-19.36% Mar 24, 2004 - Jan 11, 2006
#7	-4.05% Oct 25, 2016 - Jan 9, 2017	-17.56% Aug 17, 2010 - Aug 31, 2011
#8	-3.10% Feb 28, 2025 - May 29, 2025	-14.35% Apr 25, 2007 - Jan 24, 2008
#9	-2.88% Feb 27, 2026 - Jun 1, 2026	-12.14% Jun 10, 2003 - Nov 26, 2003
#10	-2.75% May 7, 2012 - Jun 21, 2012	-11.03% Feb 4, 2000 - Jul 5, 2000
#11	-2.49% Feb 10, 2021 - Jun 15, 2021	-10.96% Oct 6, 2009 - Feb 12, 2010
#12	-2.49% May 12, 2016 - Jul 8, 2016	-10.92% Nov 16, 1999 - Feb 3, 2000
#13	-2.29% Jan 24, 2013 - Apr 5, 2013	-8.78% Feb 2, 2015 - Dec 1, 2015
#14	-2.11% Sep 27, 2024 - Feb 24, 2025	-8.01% Oct 7, 2002 - Jan 30, 2003
#15	-2.11% Sep 11, 2012 - Oct 16, 2012	-7.88% Jan 27, 2006 - Oct 30, 2006

Correlation

Correlation between CEMB and VKI is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (1999 - 2026)

CEMB vs VKI dividend yield comparison.

Year	CEMB	VKI
2026	2.61%	4.33%
2025	5.14%	7.36%
2024	5.11%	6.43%
2023	4.77%	4.61%
2022	4.29%	6.04%
2021	3.51%	4.77%
2020	3.86%	4.72%
2019	4.19%	4.91%
2018	4.66%	6.25%
2017	4.06%	5.77%
2016	4.26%	6.61%
2015	4.76%	6.62%
2014	4.23%	6.62%
2013	3.93%	7.61%
2012	2.50%	6.65%
2011	0.00%	7.03%
2010	0.00%	7.72%
2009	0.00%	6.87%
2008	0.00%	9.76%
2007	0.00%	5.72%
2006	0.00%	5.16%
2005	0.00%	8.51%
2004	0.00%	7.13%
2003	0.00%	6.58%
2002	0.00%	6.81%
2001	0.00%	5.21%
2000	0.00%	6.52%
1999	0.00%	1.19%