DWLD vs VGM

Comparison between DAVIS SELECT WORLDWIDE ETF (DWLD, ETF) and Invesco Trust for Investment Grade Municipals (VGM, ETF).

5-Year PerformanceDWLD has outperformed VGM, delivering a return of +9.4% compared to -0.1%

DWLD vs VGM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DWLD(ETF)	VGM(ETF)
Net Assets	$568M	$568M
Expense Ratio	0.62%	N/A
Max Drawdown	40.86%	56.97%
Sharpe Ratio	0.58	1.04
5Y Beta	0.86	0.21
P/E Ratio	24.32	N/A
Forward P/E	12.53	N/A
PEG Ratio	0.23	N/A
5Y Dividends CAGR	57.55%	3.74%
Debt to Equity	57.52%	N/A
P/S Ratio	0.72	N/A
P/B Ratio	2.08	N/A

Net Assets

Winner

DWLD

$568M

VGM

$568M

Expense Ratio

DWLD

0.62%

VGM

N/A

Max Drawdown

Winner

DWLD

40.86%

VGM

56.97%

Sharpe Ratio

DWLD

0.58

Winner

VGM

1.04

5Y Beta

DWLD

0.86

Winner

VGM

0.21

P/E Ratio

DWLD

24.32

VGM

N/A

Forward P/E

DWLD

12.53

VGM

N/A

PEG Ratio

DWLD

0.23

VGM

N/A

5Y Dividends CAGR

Winner

DWLD

57.55%

VGM

3.74%

Debt to Equity

DWLD

57.52%

VGM

N/A

P/S Ratio

DWLD

0.72

VGM

N/A

P/B Ratio

DWLD

2.08

VGM

N/A

DWLD vs VGM - Historical Returns

Returns include dividend reinvestment.

Period	DWLD	VGM
1 month	+1.13%	-1.91%
3 months	+1.06%	+2.08%
6 months	-0.62%	+2.98%
1 year	+10.56%	+15.96%
5 years(CAGR)	+9.40%	-0.10%
10 years(CAGR)	+10.61%	+1.98%
Max(CAGR)	+10.61%	+5.28%

Winner

DWLD

+1.13%

VGM

-1.91%

DWLD

+1.06%

Winner

VGM

+2.08%

DWLD

-0.62%

Winner

VGM

+2.98%

DWLD

+10.56%

Winner

VGM

+15.96%

5Y(CAGR)

Winner

DWLD

+9.40%

VGM

-0.10%

10Y(CAGR)

Winner

DWLD

+10.61%

VGM

+1.98%

Max(CAGR)

Winner

DWLD

+10.61%

VGM

+5.28%

DWLD vs VGM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DWLD	VGM
2026	-1.59%	+1.63%
2025	+31.54%	+10.26%
2024	+25.70%	+9.33%
2023	+18.38%	+4.12%
2022	-15.41%	-24.02%
2021	-3.23%	+11.38%
2020	+19.91%	+7.57%
2019	+29.69%	+15.89%
2018	-23.88%	-7.78%
2017	+30.10%	+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%

DWLD vs VGM Drawdown Comparison

The maximum drawdown for DWLD was -39.26%, occurring on Oct 24, 2022. Recovery took 766 trading sessions.

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

The current DWLD drawdown is -4.71%. The current VGM drawdown is -4.77%.

Rank	DWLD	VGM
#1	-39.26% Apr 29, 2021 - May 15, 2024	-49.32% May 16, 2007 - Sep 3, 2009
#2	-37.02% Jan 26, 2018 - Sep 2, 2020	-36.59% Sep 22, 2021 - Oct 25, 2023
#3	-16.01% Feb 14, 2025 - May 12, 2025	-24.75% Feb 11, 2020 - Nov 30, 2020
#4	-11.27% Jan 6, 2026 - May 6, 2026	-23.11% Jan 25, 2013 - Feb 2, 2015
#5	-10.44% May 17, 2024 - Sep 19, 2024	-17.26% Nov 5, 2010 - Sep 7, 2011
#6	-9.81% Nov 7, 2024 - Feb 13, 2025	-15.75% Mar 11, 2004 - Aug 25, 2005
#7	-8.66% Sep 2, 2020 - Oct 12, 2020	-15.16% Jul 8, 2016 - Jun 28, 2019
#8	-6.63% Jun 2, 2026 - Jun 25, 2026	-12.53% Nov 5, 1999 - Aug 21, 2000
#9	-6.33% Nov 12, 2025 - Dec 3, 2025	-10.76% Oct 6, 2009 - Mar 8, 2010
#10	-5.85% Feb 17, 2021 - Apr 16, 2021	-10.20% Jun 16, 2003 - Jan 14, 2004
#11	-5.75% Oct 12, 2020 - Nov 4, 2020	-9.87% Sep 30, 2002 - Apr 10, 2003
#12	-5.43% Oct 7, 2024 - Nov 7, 2024	-7.48% Feb 2, 2015 - Nov 23, 2015
#13	-5.04% Jan 21, 2021 - Feb 4, 2021	-7.01% Nov 13, 2001 - Jan 18, 2002
#14	-4.72% Sep 18, 2025 - Oct 27, 2025	-6.40% Sep 27, 2012 - Jan 25, 2013
#15	-4.43% Jul 23, 2025 - Aug 13, 2025	-6.33% Aug 21, 2000 - Dec 28, 2000

Correlation

Correlation between DWLD and VGM is 0.65 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.65

-101

Dividend Comparison (2000 - 2026)

DWLD vs VGM dividend yield comparison.

Year	DWLD	VGM
2026	0.00%	4.46%
2025	1.56%	7.48%
2024	1.45%	6.35%
2023	1.23%	4.42%
2022	0.75%	5.67%
2021	1.03%	4.65%
2020	0.24%	4.65%
2019	2.27%	4.82%
2018	4.11%	5.97%
2017	0.20%	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%