IIM vs XTL

Comparison between Invesco Value Municipal Income Trust (IIM, ETF) and STATE STREET(R) SPDR(R) S&P(R) TELECOM ETF (XTL, ETF).

5-Year PerformanceXTL has outperformed IIM, delivering a return of +17.5% compared to -0.1%

IIM vs XTL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IIM(ETF)	XTL(ETF)
Net Assets	$567M	$567M
Expense Ratio	N/A	0.35%
Max Drawdown	46.54%	38.49%
Sharpe Ratio	1.07	1.66
5Y Beta	0.20	1.25
P/E Ratio	N/A	101.41
Forward P/E	N/A	19.92
5Y Dividends CAGR	5.75%	24.16%
5Y EPS CAGR	N/A	11.89%
Debt to Equity	N/A	248.58%
P/S Ratio	N/A	2.05
P/B Ratio	N/A	2.90

Net Assets

Winner

IIM

$567M

XTL

$567M

Expense Ratio

IIM

N/A

XTL

0.35%

Max Drawdown

IIM

46.54%

Winner

XTL

38.49%

Sharpe Ratio

IIM

1.07

Winner

XTL

1.66

5Y Beta

Winner

IIM

0.20

XTL

1.25

P/E Ratio

IIM

N/A

XTL

101.41

Forward P/E

IIM

N/A

XTL

19.92

5Y Dividends CAGR

IIM

5.75%

Winner

XTL

24.16%

5Y EPS CAGR

IIM

N/A

XTL

11.89%

Debt to Equity

IIM

N/A

XTL

248.58%

P/S Ratio

IIM

N/A

XTL

2.05

P/B Ratio

IIM

N/A

XTL

2.90

IIM vs XTL - Historical Returns

Returns include dividend reinvestment.

Period	IIM	XTL
1 month	+1.83%	+1.96%
3 months	+4.68%	-11.71%
6 months	-0.40%	+17.40%
1 year	+15.87%	+64.64%
5 years(CAGR)	-0.06%	+17.51%
10 years(CAGR)	+2.40%	+14.20%
Max(CAGR)	+5.61%	+10.89%

IIM

+1.83%

Winner

XTL

+1.96%

Winner

IIM

+4.68%

XTL

-11.71%

IIM

-0.40%

Winner

XTL

+17.40%

IIM

+15.87%

Winner

XTL

+64.64%

5Y(CAGR)

IIM

-0.06%

Winner

XTL

+17.51%

10Y(CAGR)

IIM

+2.40%

Winner

XTL

+14.20%

Max(CAGR)

IIM

+5.61%

Winner

XTL

+10.89%

IIM vs XTL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IIM	XTL
2026	+6.54%	+36.24%
2025	+10.49%	+44.22%
2024	+8.05%	+35.20%
2023	+1.96%	-1.97%
2022	-24.99%	-19.65%
2021	+14.43%	+22.57%
2020	+6.40%	+21.82%
2019	+16.89%	+11.32%
2018	-3.94%	-7.76%
2017	+6.76%	-0.84%
2016	-6.13%	+27.75%
2015	+4.87%	-1.44%
2014	+27.82%	+6.09%
2013	-15.82%	+19.36%
2012	+10.32%	+8.50%
2011	+26.65%	-17.98%
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 XTL Drawdown Comparison

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

The maximum drawdown for XTL was -37.00%, occurring on Oct 27, 2023. Recovery took 830 trading sessions.

The current IIM drawdown is -2.45%. The current XTL drawdown is -14.20%.

Rank	IIM	XTL
#1	-40.17% Feb 12, 2008 - Jul 23, 2009	-37.00% Jun 25, 2021 - Oct 14, 2024
#2	-35.72% Dec 31, 2021 - Jul 2, 2026	-32.28% Feb 14, 2011 - Sep 18, 2013
#3	-28.68% Mar 6, 2020 - Nov 30, 2020	-31.56% Aug 29, 2018 - Jul 29, 2020
#4	-21.70% Jan 9, 2013 - Oct 3, 2014	-22.79% Feb 10, 2025 - Jun 24, 2025
#5	-18.68% Jul 11, 2016 - Aug 2, 2019	-21.87% Jun 18, 2015 - Jul 11, 2016
#6	-17.73% Sep 8, 2010 - Aug 22, 2011	-19.20% Jun 2, 2026 - Jul 29, 2026
#7	-16.13% Jan 29, 2015 - Jan 4, 2016	-15.25% Aug 7, 2020 - Nov 23, 2020
#8	-13.63% Mar 8, 2004 - Jun 16, 2005	-14.70% Oct 31, 2025 - Dec 10, 2025
#9	-13.17% Mar 9, 2012 - Jan 2, 2013	-14.67% Sep 11, 2014 - Dec 22, 2014
#10	-10.27% Nov 4, 1999 - Jul 6, 2000	-10.98% Jun 6, 2017 - Mar 9, 2018
#11	-10.27% Sep 13, 2000 - Jan 8, 2001	-10.03% Feb 12, 2021 - May 27, 2021
#12	-9.06% Jun 16, 2003 - Dec 16, 2003	-9.94% Dec 11, 2025 - Jan 6, 2026
#13	-8.74% May 15, 2007 - Jan 14, 2008	-8.67% Mar 12, 2018 - Jun 14, 2018
#14	-7.97% Sep 14, 2021 - Dec 31, 2021	-8.07% Apr 2, 2014 - Sep 11, 2014
#15	-7.40% Oct 8, 2009 - Dec 17, 2009	-8.05% Mar 25, 2026 - Apr 2, 2026

Correlation

Correlation between IIM and XTL is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (2000 - 2026)

IIM vs XTL dividend yield comparison.

Year	IIM	XTL
2026	4.92%	0.72%
2025	7.51%	1.05%
2024	6.58%	0.62%
2023	4.72%	0.80%
2022	5.87%	0.74%
2021	4.51%	1.25%
2020	4.48%	0.88%
2019	4.61%	0.92%
2018	5.43%	1.90%
2017	4.99%	2.08%
2016	5.52%	1.11%
2015	5.20%	1.38%
2014	5.49%	1.03%
2013	6.67%	0.45%
2012	5.35%	3.16%
2011	5.50%	0.80%
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%