ITM vs RVT

Comparison between VANECK INTERMEDIATE MUNI ETF (ITM, ETF) and Royce Value Trust Inc (RVT, ETF).

5-Year PerformanceRVT has outperformed ITM, delivering a return of +8.6% compared to +0.4%

ITM vs RVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ITM(ETF)	RVT(ETF)
Net Assets	$2.20B	$2.20B
Expense Ratio	0.18%	N/A
Max Drawdown	24.75%	79.08%
Sharpe Ratio	0.90	1.90
5Y Beta	0.02	1.00
5Y Dividends CAGR	7.01%	11.02%

Net Assets

ITM

$2.20B

RVT

$2.20B

Expense Ratio

ITM

0.18%

RVT

N/A

Max Drawdown

Winner

ITM

24.75%

RVT

79.08%

Sharpe Ratio

ITM

0.90

Winner

RVT

1.90

5Y Beta

Winner

ITM

0.02

RVT

1.00

5Y Dividends CAGR

ITM

7.01%

Winner

RVT

11.02%

ITM vs RVT - Historical Returns

Returns include dividend reinvestment.

Period	ITM	RVT
1 month	+0.42%	+6.93%
3 months	-0.85%	+4.94%
6 months	+1.01%	+24.47%
1 year	+6.54%	+42.15%
5 years(CAGR)	+0.44%	+8.63%
10 years(CAGR)	+1.89%	+13.72%
Max(CAGR)	+3.32%	+10.27%

ITM

+0.42%

Winner

RVT

+6.93%

ITM

-0.85%

Winner

RVT

+4.94%

ITM

+1.01%

Winner

RVT

+24.47%

ITM

+6.54%

Winner

RVT

+42.15%

5Y(CAGR)

ITM

+0.44%

Winner

RVT

+8.63%

10Y(CAGR)

ITM

+1.89%

Winner

RVT

+13.72%

Max(CAGR)

ITM

+3.32%

Winner

RVT

+10.27%

ITM vs RVT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ITM	RVT
2026	+0.15%	+17.96%
2025	+4.97%	+11.92%
2024	+0.74%	+18.41%
2023	+5.53%	+18.08%
2022	-9.24%	-26.09%
2021	+0.24%	+34.95%
2020	+5.85%	+18.13%
2019	+8.25%	+33.02%
2018	+1.05%	-20.88%
2017	+6.27%	+30.93%
2016	-1.15%	+23.90%
2015	+3.64%	-9.38%
2014	+9.98%	+3.09%
2013	-4.24%	+22.06%
2012	+6.19%	+14.47%
2011	+12.58%	-11.90%
2010	+2.01%	+32.59%
2009	+10.40%	+29.44%
2008	-1.16%	-47.25%
2007	+0.84%	-7.18%
2006	N/A	+17.77%
2005	N/A	+8.78%
2004	N/A	+31.02%
2003	N/A	+35.56%
2002	N/A	-6.88%
2001	N/A	+20.00%
2000	N/A	+19.43%
1999	N/A	+11.14%

ITM vs RVT Drawdown Comparison

The maximum drawdown for ITM was -24.75%, occurring on Mar 19, 2020. Recovery took 100 trading sessions.

The maximum drawdown for RVT was -72.45%, occurring on Mar 9, 2009. Recovery took 1568 trading sessions.

The current ITM drawdown is -1.73%. The current RVT drawdown is -0.11%.

Rank	ITM	RVT
#1	-24.75% Mar 9, 2020 - Jul 30, 2020	-72.45% Feb 26, 2007 - May 17, 2013
#2	-16.58% Sep 25, 2008 - May 19, 2009	-47.07% Feb 20, 2020 - Nov 11, 2020
#3	-15.11% Jul 20, 2021 - Nov 11, 2025	-35.17% Apr 19, 2002 - Sep 18, 2003
#4	-10.99% Nov 30, 2012 - May 16, 2014	-32.83% Dec 31, 2021 - Jul 31, 2024
#5	-8.90% Aug 26, 2010 - Aug 3, 2011	-31.74% Sep 20, 2018 - Jan 16, 2020
#6	-7.61% Jul 6, 2016 - Sep 5, 2017	-27.77% Jul 3, 2014 - Nov 14, 2016
#7	-4.05% Jan 30, 2015 - Nov 27, 2015	-23.46% Jan 23, 2025 - Aug 26, 2025
#8	-4.03% Sep 11, 2008 - Sep 25, 2008	-21.99% Jun 7, 2001 - Dec 6, 2001
#9	-3.91% May 21, 2009 - Aug 18, 2009	-15.36% Feb 18, 2004 - Sep 7, 2004
#10	-3.59% Jan 23, 2008 - Sep 11, 2008	-14.97% Feb 15, 2001 - May 18, 2001
#11	-3.43% Feb 27, 2026 - Mar 26, 2026	-14.23% May 5, 2006 - Oct 30, 2006
#12	-3.43% Oct 2, 2009 - Mar 2, 2010	-12.58% Dec 23, 2004 - Jul 11, 2005
#13	-3.39% Dec 6, 2017 - Dec 19, 2018	-12.18% Feb 26, 2026 - Apr 24, 2026
#14	-3.20% Feb 1, 2012 - May 4, 2012	-10.53% Sep 1, 2000 - Dec 28, 2000
#15	-2.97% Sep 23, 2011 - Dec 6, 2011	-10.37% Jul 31, 2024 - Oct 14, 2024

Correlation

Correlation between ITM and RVT is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (1999 - 2026)

ITM vs RVT dividend yield comparison.

Year	ITM	RVT
2026	1.00%	1.61%
2025	2.86%	8.82%
2024	2.73%	8.04%
2023	2.40%	7.35%
2022	1.92%	9.95%
2021	1.70%	8.52%
2020	2.13%	6.44%
2019	2.44%	7.45%
2018	2.33%	10.68%
2017	2.21%	7.17%
2016	2.29%	7.62%
2015	2.28%	10.54%
2014	2.42%	12.70%
2013	2.63%	5.37%
2012	2.63%	5.96%
2011	3.22%	6.36%
2010	3.64%	0.21%
2009	3.59%	2.97%
2008	3.75%	20.50%
2007	0.22%	9.96%
2006	0.00%	6.30%
2005	0.00%	8.02%
2004	0.00%	7.58%
2003	0.00%	7.52%
2002	0.00%	11.40%
2001	0.00%	9.48%
2000	0.00%	10.25%
1999	0.00%	2.53%