GTOQ vs VBF

Comparison between INVESCO HIGH YIELD SYSTEMATIC BOND ETF (GTOQ, ETF) and Invesco Bond Fund (VBF, ETF).

5-Year PerformanceGTOQ has outperformed VBF, delivering a return of +3.8% compared to -1.7%

GTOQ vs VBF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GTOQ(ETF)	VBF(ETF)
Net Assets	$185M	$186M
Expense Ratio	0.39%	N/A
Max Drawdown	20.62%	38.98%
Sharpe Ratio	0.57	-0.23
5Y Beta	0.22	0.12
5Y Dividends CAGR	19.90%	-9.98%

Net Assets

GTOQ

$185M

Winner

VBF

$186M

Expense Ratio

GTOQ

0.39%

VBF

N/A

Max Drawdown

Winner

GTOQ

20.62%

VBF

38.98%

Sharpe Ratio

Winner

GTOQ

0.57

VBF

-0.23

5Y Beta

GTOQ

0.22

Winner

VBF

0.12

5Y Dividends CAGR

Winner

GTOQ

19.90%

VBF

-9.98%

GTOQ vs VBF - Historical Returns

Returns include dividend reinvestment.

Period	GTOQ	VBF
1 month	+0.17%	+0.18%
3 months	+1.08%	-0.99%
6 months	+1.17%	-0.79%
1 year	+5.54%	+2.06%
5 years(CAGR)	+3.80%	-1.66%
10 years(CAGR)	N/A	+2.67%
Max(CAGR)	+4.24%	+5.47%

GTOQ

+0.17%

Winner

VBF

+0.18%

Winner

GTOQ

+1.08%

VBF

-0.99%

Winner

GTOQ

+1.17%

VBF

-0.79%

Winner

GTOQ

+5.54%

VBF

+2.06%

5Y(CAGR)

Winner

GTOQ

+3.80%

VBF

-1.66%

10Y(CAGR)

GTOQ

N/A

VBF

+2.67%

Max(CAGR)

GTOQ

+4.24%

Winner

VBF

+5.47%

GTOQ vs VBF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GTOQ	VBF
2026	+2.04%	-0.53%
2025	+7.86%	+5.12%
2024	+8.87%	+6.40%
2023	+13.34%	+0.21%
2022	-12.13%	-16.53%
2021	+5.36%	-2.37%
2020	+0.38%	+16.93%
2019	N/A	+29.67%
2018	N/A	-11.86%
2017	N/A	+12.93%
2016	N/A	+9.62%
2015	N/A	+0.30%
2014	N/A	+11.67%
2013	N/A	-11.85%
2012	N/A	+11.03%
2011	N/A	+20.34%
2010	N/A	+2.96%
2009	N/A	+18.90%
2008	N/A	+4.13%
2007	N/A	+1.60%
2006	N/A	+9.35%
2005	N/A	+0.49%
2004	N/A	+5.93%
2003	N/A	+3.25%
2002	N/A	+1.56%
2001	N/A	+17.05%
2000	N/A	+16.14%
1999	N/A	-4.56%

GTOQ vs VBF Drawdown Comparison

The maximum drawdown for GTOQ was -15.96%, occurring on Sep 30, 2022. Recovery took 571 trading sessions.

The maximum drawdown for VBF was -32.21%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The current GTOQ drawdown is -0.19%. The current VBF drawdown is -11.33%.

Rank	GTOQ	VBF
#1	-15.96% Sep 20, 2021 - Dec 27, 2023	-32.21% Sep 15, 2021 - Oct 20, 2022
#2	-5.25% Feb 28, 2025 - Jun 3, 2025	-26.44% Jan 9, 2008 - Dec 22, 2008
#3	-2.95% Feb 10, 2026 - Apr 17, 2026	-24.84% Feb 6, 2020 - Jul 24, 2020
#4	-2.02% Mar 27, 2024 - May 6, 2024	-17.70% Sep 4, 2012 - Jan 22, 2015
#5	-1.51% Dec 6, 2024 - Jan 21, 2025	-14.06% Jul 3, 2003 - Feb 16, 2005
#6	-1.47% Oct 2, 2025 - Nov 26, 2025	-13.77% May 28, 2009 - Sep 2, 2009
#7	-1.34% Dec 27, 2023 - Jan 29, 2024	-13.44% Aug 17, 2010 - Sep 22, 2011
#8	-1.31% Feb 12, 2021 - Apr 5, 2021	-12.58% Feb 2, 2009 - Apr 21, 2009
#9	-1.22% Jul 16, 2024 - Aug 15, 2024	-12.08% Jan 2, 2018 - May 24, 2019
#10	-1.16% Feb 1, 2024 - Mar 7, 2024	-11.58% Dec 27, 2011 - May 21, 2012
#11	-1.04% Jan 28, 2025 - Feb 25, 2025	-11.01% Dec 31, 2020 - Sep 15, 2021
#12	-0.99% Nov 8, 2024 - Nov 20, 2024	-9.38% Apr 17, 2015 - Mar 17, 2016
#13	-0.87% May 7, 2021 - Jun 7, 2021	-8.64% Mar 10, 2010 - Jul 1, 2010
#14	-0.80% Jan 20, 2021 - Feb 5, 2021	-8.47% Nov 9, 1999 - Jul 6, 2000
#15	-0.77% May 21, 2024 - Jun 3, 2024	-8.09% Aug 7, 2001 - Sep 27, 2001

Correlation

Correlation between GTOQ and VBF is 0.54 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.54

-101

Dividend Comparison (2000 - 2026)

GTOQ vs VBF dividend yield comparison.

Year	GTOQ	VBF
2026	3.94%	3.15%
2025	7.04%	5.46%
2024	7.20%	5.51%
2023	6.76%	5.31%
2022	6.17%	4.60%
2021	4.86%	3.36%
2020	0.00%	6.89%
2019	0.00%	5.04%
2018	0.00%	5.40%
2017	0.00%	5.07%
2016	0.00%	4.56%
2015	0.00%	5.40%
2014	0.00%	7.53%
2013	0.00%	6.73%
2012	0.00%	7.10%
2011	0.00%	6.55%
2010	0.00%	5.39%
2009	0.00%	4.95%
2008	0.00%	7.09%
2007	0.00%	5.54%
2006	0.00%	5.42%
2005	0.00%	5.77%
2004	0.00%	5.93%
2003	0.00%	6.48%
2002	0.00%	6.91%
2001	0.00%	7.11%
2000	0.00%	3.90%