CTEF vs VGM

Comparison between CASTELLAN TARGETED EQUITY ETF (CTEF, ETF) and Invesco Trust for Investment Grade Municipals (VGM, ETF).

CTEF vs VGM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CTEF(ETF)	VGM(ETF)
Net Assets	$559M	$561M
Expense Ratio	0.45%	N/A
Max Drawdown	15.00%	56.97%
Sharpe Ratio	2.39	0.90
5Y Beta	1.45	0.21
P/E Ratio	20.83	N/A
Forward P/E	16.54	N/A
PEG Ratio	0.20	N/A
5Y Dividends CAGR	N/A	4.04%
5Y EPS CAGR	58.88%	N/A
Debt to Equity	89.80%	N/A
P/S Ratio	2.15	N/A
P/B Ratio	6.63	N/A

Net Assets

CTEF

$559M

Winner

VGM

$561M

Expense Ratio

CTEF

0.45%

VGM

N/A

Max Drawdown

Winner

CTEF

15.00%

VGM

56.97%

Sharpe Ratio

Winner

CTEF

2.39

VGM

0.90

5Y Beta

CTEF

1.45

Winner

VGM

0.21

P/E Ratio

CTEF

20.83

VGM

N/A

Forward P/E

CTEF

16.54

VGM

N/A

PEG Ratio

CTEF

0.20

VGM

N/A

5Y Dividends CAGR

CTEF

N/A

VGM

4.04%

5Y EPS CAGR

CTEF

58.88%

VGM

N/A

Debt to Equity

CTEF

89.80%

VGM

N/A

P/S Ratio

CTEF

2.15

VGM

N/A

P/B Ratio

CTEF

6.63

VGM

N/A

CTEF vs VGM - Historical Returns

Returns include dividend reinvestment.

Period	CTEF	VGM
1 month	+4.97%	-2.20%
3 months	+15.77%	-1.45%
6 months	+26.08%	+0.59%
1 year	+67.32%	+13.27%
5 years(CAGR)	N/A	-0.67%
10 years(CAGR)	N/A	+1.98%
Max(CAGR)	+70.60%	+5.22%

Winner

CTEF

+4.97%

VGM

-2.20%

Winner

CTEF

+15.77%

VGM

-1.45%

Winner

CTEF

+26.08%

VGM

+0.59%

Winner

CTEF

+67.32%

VGM

+13.27%

5Y(CAGR)

CTEF

N/A

VGM

-0.67%

10Y(CAGR)

CTEF

N/A

VGM

+1.98%

Max(CAGR)

Winner

CTEF

+70.60%

VGM

+5.22%

CTEF vs VGM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CTEF	VGM
2026	+23.04%	-0.61%
2025	+33.22%	+10.26%
2024	N/A	+9.33%
2023	N/A	+4.12%
2022	N/A	-24.02%
2021	N/A	+11.38%
2020	N/A	+7.57%
2019	N/A	+15.89%
2018	N/A	-7.78%
2017	N/A	+9.59%
2016	N/A	+0.84%
2015	N/A	+6.74%
2014	N/A	+16.53%
2013	N/A	-16.11%
2012	N/A	+9.31%
2011	N/A	+21.70%
2010	N/A	+3.53%
2009	N/A	+55.64%
2008	N/A	-32.30%
2007	N/A	-6.33%
2006	N/A	+11.93%
2005	N/A	+4.42%
2004	N/A	+1.63%
2003	N/A	+7.57%
2002	N/A	+16.03%
2001	N/A	+8.58%
2000	N/A	+10.93%
1999	N/A	-6.34%

CTEF vs VGM Drawdown Comparison

The maximum drawdown for CTEF was -15.00%, occurring on Mar 30, 2026. Recovery took 33 trading sessions.

The maximum drawdown for VGM was -49.32%, occurring on Dec 16, 2008. Recovery took 581 trading sessions.

The current CTEF drawdown is -3.30%. The current VGM drawdown is -6.87%.

Rank	CTEF	VGM
#1	-15.00% Feb 25, 2026 - Apr 14, 2026	-49.32% May 16, 2007 - Sep 3, 2009
#2	-6.99% Nov 10, 2025 - Dec 10, 2025	-36.59% Sep 22, 2021 - Oct 25, 2023
#3	-5.33% Oct 1, 2025 - Oct 24, 2025	-24.75% Feb 11, 2020 - Nov 30, 2020
#4	-4.97% May 14, 2026 - May 26, 2026	-23.11% Jan 25, 2013 - Feb 2, 2015
#5	-4.01% Dec 11, 2025 - Dec 22, 2025	-17.26% Nov 5, 2010 - Sep 7, 2011
#6	-3.39% Jan 29, 2026 - Feb 6, 2026	-15.75% Mar 11, 2004 - Aug 25, 2005
#7	-3.30% Jun 2, 2026 - Jun 5, 2026	-15.16% Jul 8, 2016 - Jun 28, 2019
#8	-2.49% Dec 24, 2025 - Jan 5, 2026	-12.53% Nov 5, 1999 - Aug 21, 2000
#9	-2.27% Sep 22, 2025 - Sep 30, 2025	-10.76% Oct 6, 2009 - Mar 8, 2010
#10	-2.23% Apr 20, 2026 - May 1, 2026	-10.20% Jun 16, 2003 - Jan 14, 2004
#11	-2.05% Oct 27, 2025 - Nov 10, 2025	-9.87% Sep 30, 2002 - Apr 10, 2003
#12	-2.04% Jan 6, 2026 - Jan 21, 2026	-7.48% Feb 2, 2015 - Nov 23, 2015
#13	-1.85% Aug 28, 2025 - Sep 4, 2025	-7.01% Nov 13, 2001 - Jan 18, 2002
#14	-1.79% Feb 18, 2026 - Feb 25, 2026	-6.40% Sep 27, 2012 - Jan 25, 2013
#15	-1.61% Feb 11, 2026 - Feb 18, 2026	-6.33% Aug 21, 2000 - Dec 28, 2000

Correlation

Correlation between CTEF and VGM is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2000 - 2026)

CTEF vs VGM dividend yield comparison.

Year	CTEF	VGM
2026	0.00%	3.22%
2025	0.08%	7.48%
2024	0.00%	6.35%
2023	0.00%	4.42%
2022	0.00%	5.67%
2021	0.00%	4.65%
2020	0.00%	4.65%
2019	0.00%	4.82%
2018	0.00%	5.97%
2017	0.00%	5.79%
2016	0.00%	6.50%
2015	0.00%	6.62%
2014	0.00%	6.64%
2013	0.00%	7.68%
2012	0.00%	6.91%
2011	0.00%	7.05%
2010	0.00%	7.91%
2009	0.00%	6.61%
2008	0.00%	9.50%
2007	0.00%	5.80%
2006	0.00%	5.33%
2005	0.00%	7.95%
2004	0.00%	6.67%
2003	0.00%	7.36%
2002	0.00%	8.71%
2001	0.00%	7.55%
2000	0.00%	2.67%