IIM vs HCMT

Comparison between Invesco Value Municipal Income Trust (IIM, ETF) and DIREXION HCM TACTICAL ENHANCED US ETF (HCMT, ETF).

IIM vs HCMT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IIM(ETF)	HCMT(ETF)
Net Assets	$567M	$566M
Max Drawdown	46.54%	36.71%
Sharpe Ratio	1.07	0.60
5Y Beta	0.20	1.61
P/E Ratio	N/A	26.20
Forward P/E	N/A	20.87
PEG Ratio	N/A	0.38
5Y Dividends CAGR	5.75%	N/A
5Y EPS CAGR	N/A	26.30%
Debt to Equity	N/A	48.41%
P/S Ratio	N/A	3.72
P/B Ratio	N/A	5.57

Net Assets

Winner

IIM

$567M

HCMT

$566M

Max Drawdown

IIM

46.54%

Winner

HCMT

36.71%

Sharpe Ratio

Winner

IIM

1.07

HCMT

0.60

5Y Beta

Winner

IIM

0.20

HCMT

1.61

P/E Ratio

IIM

N/A

HCMT

26.20

Forward P/E

IIM

N/A

HCMT

20.87

PEG Ratio

IIM

N/A

HCMT

0.38

5Y Dividends CAGR

IIM

5.75%

HCMT

N/A

5Y EPS CAGR

IIM

N/A

HCMT

26.30%

Debt to Equity

IIM

N/A

HCMT

48.41%

P/S Ratio

IIM

N/A

HCMT

3.72

P/B Ratio

IIM

N/A

HCMT

5.57

IIM vs HCMT - Historical Returns

Returns include dividend reinvestment.

Period	IIM	HCMT
1 month	+1.83%	+6.64%
3 months	+4.68%	-1.63%
6 months	-0.40%	+5.55%
1 year	+15.87%	+19.18%
5 years(CAGR)	-0.06%	N/A
10 years(CAGR)	+2.40%	N/A
Max(CAGR)	+5.61%	+17.67%

IIM

+1.83%

Winner

HCMT

+6.64%

Winner

IIM

+4.68%

HCMT

-1.63%

IIM

-0.40%

Winner

HCMT

+5.55%

IIM

+15.87%

Winner

HCMT

+19.18%

5Y(CAGR)

IIM

-0.06%

HCMT

N/A

10Y(CAGR)

IIM

+2.40%

HCMT

N/A

Max(CAGR)

IIM

+5.61%

Winner

HCMT

+17.67%

IIM vs HCMT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IIM	HCMT
2026	+6.54%	+6.23%
2025	+10.49%	+6.08%
2024	+8.05%	+42.97%
2023	+1.96%	+5.66%
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 HCMT Drawdown Comparison

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

The maximum drawdown for HCMT was -36.26%, occurring on Apr 21, 2025. Recovery took 172 trading sessions.

The current IIM drawdown is -2.45%. The current HCMT drawdown is -5.34%.

Rank	IIM	HCMT
#1	-40.17% Feb 12, 2008 - Jul 23, 2009	-36.26% Feb 19, 2025 - Oct 24, 2025
#2	-35.72% Dec 31, 2021 - Jul 2, 2026	-20.99% Jul 10, 2024 - Nov 6, 2024
#3	-28.68% Mar 6, 2020 - Nov 30, 2020	-16.15% Jul 19, 2023 - Jan 19, 2024
#4	-21.70% Jan 9, 2013 - Oct 3, 2014	-15.57% Jun 2, 2026 - Jul 29, 2026
#5	-18.68% Jul 11, 2016 - Aug 2, 2019	-15.27% Oct 29, 2025 - May 26, 2026
#6	-17.73% Sep 8, 2010 - Aug 22, 2011	-11.87% Mar 21, 2024 - May 15, 2024
#7	-16.13% Jan 29, 2015 - Jan 4, 2016	-9.62% Dec 16, 2024 - Feb 18, 2025
#8	-13.63% Mar 8, 2004 - Jun 16, 2005	-5.35% Nov 8, 2024 - Dec 2, 2024
#9	-13.17% Mar 9, 2012 - Jan 2, 2013	-4.12% Feb 9, 2024 - Feb 22, 2024
#10	-10.27% Nov 4, 1999 - Jul 6, 2000	-3.94% Jan 29, 2024 - Feb 2, 2024
#11	-10.27% Sep 13, 2000 - Jan 8, 2001	-3.58% Mar 7, 2024 - Mar 20, 2024
#12	-9.06% Jun 16, 2003 - Dec 16, 2003	-3.20% Mar 1, 2024 - Mar 7, 2024
#13	-8.74% May 15, 2007 - Jan 14, 2008	-3.20% Jun 22, 2023 - Jun 30, 2023
#14	-7.97% Sep 14, 2021 - Dec 31, 2021	-3.02% May 28, 2024 - Jun 5, 2024
#15	-7.40% Oct 8, 2009 - Dec 17, 2009	-2.94% Jun 17, 2024 - Jul 2, 2024

Correlation

Correlation between IIM and HCMT is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2000 - 2026)

IIM vs HCMT dividend yield comparison.

Year	IIM	HCMT
2026	4.92%	0.46%
2025	7.51%	0.43%
2024	6.58%	2.75%
2023	4.72%	0.63%
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%