StockComparison Logo
vs

IIM vs SPY

Comparison between Invesco Value Municipal Income Trust (IIM, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed IIM, delivering a return of +13.3% compared to +0.5%

IIM vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
IIM
$581M
Winner
SPY
$735B
Expense Ratio
IIM
N/A
SPY
0.09%
Max Drawdown
Winner
IIM
46.54%
SPY
56.47%
Sharpe Ratio
IIM
1.01
Winner
SPY
1.62
5Y Beta
Winner
IIM
0.20
SPY
1.00
P/E Ratio
IIM
N/A
SPY
28.99
Forward P/E
IIM
N/A
SPY
22.37
5Y Dividends CAGR
IIM
4.77%
Winner
SPY
5.43%
5Y EPS CAGR
IIM
N/A
SPY
26.05%
Debt to Equity
IIM
N/A
SPY
32.40%
P/S Ratio
IIM
N/A
SPY
3.74
P/B Ratio
IIM
N/A
SPY
5.61

IIM vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
Winner
IIM
+3.38%
SPY
+1.90%
3M
IIM
-2.53%
Winner
SPY
+8.55%
6M
IIM
+2.12%
Winner
SPY
+8.18%
1Y
IIM
+14.87%
Winner
SPY
+25.79%
5Y(CAGR)
IIM
+0.54%
Winner
SPY
+13.32%
10Y(CAGR)
IIM
+2.06%
Winner
SPY
+15.19%
Max(CAGR)
IIM
+5.55%
Winner
SPY
+8.47%

IIM vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearIIMSPY
2026+3.62%+8.26%
2025+10.49%+18.00%
2024+8.05%+25.59%
2023+1.96%+26.72%
2022-24.99%-18.64%
2021+14.43%+30.52%
2020+6.40%+17.28%
2019+16.89%+31.09%
2018-3.94%-5.24%
2017+6.76%+20.78%
2016-6.13%+13.59%
2015+4.87%+1.31%
2014+27.82%+14.56%
2013-15.82%+29.00%
2012+10.32%+14.17%
2011+26.65%+0.85%
2010+2.22%+13.14%
2009+35.02%+22.67%
2008-16.26%-36.25%
2007-1.26%+5.32%
2006+9.16%+13.85%
2005+6.85%+5.32%
2004+0.01%+10.75%
2003+13.26%+24.18%
2002+10.83%-22.42%
2001+8.90%-10.13%
2000+9.86%-8.84%
1999-5.21%+8.61%

IIM vs SPY Drawdown Comparison

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

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current IIM drawdown is -4.38%. The current SPY drawdown is -2.90%.

RankIIMSPY
#1-40.17%
Feb 12, 2008 - Jul 23, 2009		-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-35.72%
Dec 31, 2021 - Oct 26, 2023		-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-28.68%
Mar 6, 2020 - Nov 30, 2020		-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-21.70%
Jan 9, 2013 - Oct 3, 2014		-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-18.68%
Jul 11, 2016 - Aug 2, 2019		-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-17.73%
Sep 8, 2010 - Aug 22, 2011		-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-16.13%
Jan 29, 2015 - Jan 4, 2016		-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-13.63%
Mar 8, 2004 - Jun 16, 2005		-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-13.17%
Mar 9, 2012 - Jan 2, 2013		-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-10.27%
Nov 4, 1999 - Jul 6, 2000		-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-10.27%
Sep 13, 2000 - Jan 8, 2001		-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-9.06%
Jun 16, 2003 - Dec 16, 2003		-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-8.74%
May 15, 2007 - Jan 14, 2008		-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-7.97%
Sep 14, 2021 - Dec 31, 2021		-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-7.40%
Oct 8, 2009 - Dec 17, 2009		-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between IIM and SPY is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83
-101

Dividend Comparison (1999 - 2026)

IIM vs SPY dividend yield comparison.

YearIIMSPY
20263.11%0.24%
20257.51%1.07%
20246.58%1.21%
20234.72%1.40%
20225.87%1.65%
20214.51%1.20%
20204.48%1.52%
20194.61%1.75%
20185.43%2.04%
20174.99%1.80%
20165.52%2.03%
20155.20%2.06%
20145.49%1.87%
20136.67%1.81%
20125.35%2.18%
20115.50%2.05%
20106.44%1.80%
20095.70%1.95%
20087.39%3.02%
20075.22%1.85%
20065.82%1.73%
20056.10%1.73%
20046.47%1.82%
20038.03%1.47%
20025.82%1.70%
20015.68%1.25%
20002.54%1.15%
19990.00%0.24%

Select Stocks to Compare

Popular: IIM vs SPY