IIM vs AQEC

Comparison between Invesco Value Municipal Income Trust (IIM, ETF) and AQE CORE ETF (AQEC, ETF).

IIM vs AQEC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IIM(ETF)	AQEC(ETF)
Net Assets	$581M	$576M
Expense Ratio	N/A	0.49%
Max Drawdown	46.54%	13.16%
Sharpe Ratio	1.01	-0.62
5Y Beta	0.20	0.60
P/E Ratio	N/A	20.12
Forward P/E	N/A	17.54
PEG Ratio	N/A	0.46
5Y Dividends CAGR	4.77%	N/A
5Y EPS CAGR	N/A	10.76%
Debt to Equity	N/A	142.26%
P/S Ratio	N/A	2.93
P/B Ratio	N/A	4.52

Net Assets

Winner

IIM

$581M

AQEC

$576M

Expense Ratio

IIM

N/A

AQEC

0.49%

Max Drawdown

IIM

46.54%

Winner

AQEC

13.16%

Sharpe Ratio

Winner

IIM

1.01

AQEC

-0.62

5Y Beta

Winner

IIM

0.20

AQEC

0.60

P/E Ratio

IIM

N/A

AQEC

20.12

Forward P/E

IIM

N/A

AQEC

17.54

PEG Ratio

IIM

N/A

AQEC

0.46

5Y Dividends CAGR

IIM

4.77%

AQEC

N/A

5Y EPS CAGR

IIM

N/A

AQEC

10.76%

Debt to Equity

IIM

N/A

AQEC

142.26%

P/S Ratio

IIM

N/A

AQEC

2.93

P/B Ratio

IIM

N/A

AQEC

4.52

IIM vs AQEC - Historical Returns

Returns include dividend reinvestment.

Period	IIM	AQEC
1 month	+3.38%	+0.37%
3 months	-2.53%	-3.55%
6 months	+2.12%	-5.23%
1 year	+14.87%	N/A
5 years(CAGR)	+0.54%	N/A
10 years(CAGR)	+2.06%	N/A
Max(CAGR)	+5.55%	-4.53%

Winner

IIM

+3.38%

AQEC

+0.37%

Winner

IIM

-2.53%

AQEC

-3.55%

Winner

IIM

+2.12%

AQEC

-5.23%

IIM

+14.87%

AQEC

N/A

5Y(CAGR)

IIM

+0.54%

AQEC

N/A

10Y(CAGR)

IIM

+2.06%

AQEC

N/A

Max(CAGR)

Winner

IIM

+5.55%

AQEC

-4.53%

IIM vs AQEC - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IIM	AQEC
2026	+3.62%	-5.72%
2025	+10.49%	+3.71%
2024	+8.05%	N/A
2023	+1.96%	N/A
2022	-24.99%	N/A
2021	+14.43%	N/A
2020	+6.40%	N/A
2019	+16.89%	N/A
2018	-3.94%	N/A
2017	+6.76%	N/A
2016	-6.13%	N/A
2015	+4.87%	N/A
2014	+27.82%	N/A
2013	-15.82%	N/A
2012	+10.32%	N/A
2011	+26.65%	N/A
2010	+2.22%	N/A
2009	+35.02%	N/A
2008	-16.26%	N/A
2007	-1.26%	N/A
2006	+9.16%	N/A
2005	+6.85%	N/A
2004	+0.01%	N/A
2003	+13.26%	N/A
2002	+10.83%	N/A
2001	+8.90%	N/A
2000	+9.86%	N/A
1999	-5.21%	N/A

IIM vs AQEC Drawdown Comparison

The maximum drawdown for IIM was -40.17%, occurring on Oct 10, 2008. Recovery took 364 trading sessions.

The maximum drawdown for AQEC was -12.81%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current IIM drawdown is -4.38%. The current AQEC drawdown is -8.33%.

Rank	IIM	AQEC
#1	-40.17% Feb 12, 2008 - Jul 23, 2009	-12.81% Jan 26, 2026 - Mar 27, 2026
#2	-35.72% Dec 31, 2021 - Oct 26, 2023	-1.74% Jan 14, 2026 - Jan 26, 2026
#3	-28.68% Mar 6, 2020 - Nov 30, 2020	-1.05% Dec 24, 2025 - Jan 6, 2026
#4	-21.70% Jan 9, 2013 - Oct 3, 2014	-0.89% Dec 11, 2025 - Dec 22, 2025
#5	-18.68% Jul 11, 2016 - Aug 2, 2019	-0.79% Nov 19, 2025 - Nov 21, 2025
#6	-17.73% Sep 8, 2010 - Aug 22, 2011	-0.75% Dec 5, 2025 - Dec 10, 2025
#7	-16.13% Jan 29, 2015 - Jan 4, 2016	-0.54% Jan 6, 2026 - Jan 9, 2026
#8	-13.63% Mar 8, 2004 - Jun 16, 2005	-0.50% Nov 28, 2025 - Dec 3, 2025
#9	-13.17% Mar 9, 2012 - Jan 2, 2013	-0.20% Jan 12, 2026 - Jan 14, 2026
#10	-10.27% Nov 4, 1999 - Jul 6, 2000	-0.06% Dec 3, 2025 - Dec 5, 2025
#11	-10.27% Sep 13, 2000 - Jan 8, 2001	N/A
#12	-9.06% Jun 16, 2003 - Dec 16, 2003	N/A
#13	-8.74% May 15, 2007 - Jan 14, 2008	N/A
#14	-7.97% Sep 14, 2021 - Dec 31, 2021	N/A
#15	-7.40% Oct 8, 2009 - Dec 17, 2009	N/A

Correlation

Correlation between IIM and AQEC is 0.06 which considered as a very weak or no correlation - the stocks move independently of each other.

0.06

-101

Dividend Comparison (2000 - 2026)

IIM vs AQEC dividend yield comparison.

Year	IIM	AQEC
2026	3.11%	0.40%
2025	7.51%	0.13%
2024	6.58%	0.00%
2023	4.72%	0.00%
2022	5.87%	0.00%
2021	4.51%	0.00%
2020	4.48%	0.00%
2019	4.61%	0.00%
2018	5.43%	0.00%
2017	4.99%	0.00%
2016	5.52%	0.00%
2015	5.20%	0.00%
2014	5.49%	0.00%
2013	6.67%	0.00%
2012	5.35%	0.00%
2011	5.50%	0.00%
2010	6.44%	0.00%
2009	5.70%	0.00%
2008	7.39%	0.00%
2007	5.22%	0.00%
2006	5.82%	0.00%
2005	6.10%	0.00%
2004	6.47%	0.00%
2003	8.03%	0.00%
2002	5.82%	0.00%
2001	5.68%	0.00%
2000	2.54%	0.00%