MMT vs VGM

Comparison between MFS Multimarket Income Trust (MMT, ETF) and Invesco Trust for Investment Grade Municipals (VGM, ETF).

5-Year PerformanceMMT has outperformed VGM, delivering a return of +1.8% compared to +0.4%

MMT vs VGM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMT(ETF)	VGM(ETF)
Net Assets	$567M	$568M
Max Drawdown	47.46%	56.97%
Sharpe Ratio	0.04	1.31
5Y Beta	0.20	0.21
5Y Dividends CAGR	-2.76%	3.74%

Net Assets

MMT

$567M

Winner

VGM

$568M

Max Drawdown

Winner

MMT

47.46%

VGM

56.97%

Sharpe Ratio

MMT

0.04

Winner

VGM

1.31

5Y Beta

Winner

MMT

0.20

VGM

0.21

5Y Dividends CAGR

MMT

-2.76%

Winner

VGM

3.74%

MMT vs VGM - Historical Returns

Returns include dividend reinvestment.

Period	MMT	VGM
1 month	-1.34%	+0.51%
3 months	-1.40%	+3.07%
6 months	-1.82%	+3.59%
1 year	+3.58%	+17.98%
5 years(CAGR)	+1.76%	+0.36%
10 years(CAGR)	+5.41%	+2.21%
Max(CAGR)	+7.13%	+5.37%

MMT

-1.34%

Winner

VGM

+0.51%

MMT

-1.40%

Winner

VGM

+3.07%

MMT

-1.82%

Winner

VGM

+3.59%

MMT

+3.58%

Winner

VGM

+17.98%

5Y(CAGR)

Winner

MMT

+1.76%

VGM

+0.36%

10Y(CAGR)

Winner

MMT

+5.41%

VGM

+2.21%

Max(CAGR)

Winner

MMT

+7.13%

VGM

+5.37%

MMT vs VGM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MMT	VGM
2026	-0.27%	+3.83%
2025	+8.77%	+10.26%
2024	+11.92%	+9.33%
2023	+8.43%	+4.12%
2022	-23.19%	-24.02%
2021	+12.74%	+11.38%
2020	+7.95%	+7.57%
2019	+27.56%	+15.89%
2018	-8.90%	-7.78%
2017	+8.94%	+9.59%
2016	+21.48%	+0.84%
2015	-7.81%	+6.74%
2014	+6.24%	+16.53%
2013	-1.77%	-16.11%
2012	+14.21%	+9.31%
2011	+4.59%	+21.70%
2010	+15.86%	+3.53%
2009	+40.61%	+55.64%
2008	-10.52%	-32.30%
2007	+1.88%	-6.33%
2006	+7.10%	+11.93%
2005	+0.99%	+4.42%
2004	+6.72%	+1.63%
2003	+14.85%	+7.57%
2002	+5.64%	+16.03%
2001	+2.57%	+8.58%
2000	+22.97%	+10.93%
1999	-6.76%	-6.34%

MMT vs VGM Drawdown Comparison

The maximum drawdown for MMT was -35.71%, occurring on Mar 18, 2020. Recovery took 154 trading sessions.

The maximum drawdown for VGM was -49.32%, occurring on Dec 16, 2008. Recovery took 581 trading sessions.

The current MMT drawdown is -4.08%. The current VGM drawdown is -2.70%.

Rank	MMT	VGM
#1	-35.71% Jan 23, 2020 - Sep 1, 2020	-49.32% May 16, 2007 - Sep 3, 2009
#2	-32.27% Dec 17, 2021 - Sep 3, 2025	-36.59% Sep 22, 2021 - Oct 25, 2023
#3	-31.74% May 9, 2008 - Apr 29, 2009	-24.75% Feb 11, 2020 - Nov 30, 2020
#4	-16.73% May 1, 2013 - Jun 1, 2015	-23.11% Jan 25, 2013 - Feb 2, 2015
#5	-14.72% Jul 17, 2001 - Apr 24, 2002	-17.26% Nov 5, 2010 - Sep 7, 2011
#6	-13.23% Jun 1, 2015 - May 25, 2016	-15.75% Mar 11, 2004 - Aug 25, 2005
#7	-11.47% Mar 17, 2004 - Sep 15, 2004	-15.16% Jul 8, 2016 - Jun 28, 2019
#8	-11.27% Jul 11, 2011 - Dec 5, 2011	-12.53% Nov 5, 1999 - Aug 21, 2000
#9	-10.50% Jan 2, 2018 - Jan 30, 2019	-10.76% Oct 6, 2009 - Mar 8, 2010
#10	-8.72% Jun 6, 2002 - Jan 9, 2003	-10.20% Jun 16, 2003 - Jan 14, 2004
#11	-8.52% May 3, 2010 - Jul 16, 2010	-9.87% Sep 30, 2002 - Apr 10, 2003
#12	-7.69% Sep 8, 2016 - Jan 10, 2017	-7.48% Feb 2, 2015 - Nov 23, 2015
#13	-7.68% Nov 2, 1999 - Feb 3, 2000	-7.01% Nov 13, 2001 - Jan 18, 2002
#14	-7.62% Aug 22, 2000 - Dec 18, 2000	-6.40% Sep 27, 2012 - Jan 25, 2013
#15	-7.62% Sep 27, 2005 - Oct 4, 2006	-6.33% Aug 21, 2000 - Dec 28, 2000

Correlation

Correlation between MMT and VGM is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (1999 - 2026)

MMT vs VGM dividend yield comparison.

Year	MMT	VGM
2026	4.51%	4.36%
2025	8.65%	7.48%
2024	8.65%	6.35%
2023	8.65%	4.42%
2022	9.38%	5.67%
2021	7.86%	4.65%
2020	8.07%	4.65%
2019	8.16%	4.82%
2018	9.86%	5.97%
2017	8.82%	5.79%
2016	8.71%	6.50%
2015	9.05%	6.62%
2014	7.76%	6.64%
2013	8.89%	7.68%
2012	6.77%	6.91%
2011	7.91%	7.05%
2010	8.70%	7.91%
2009	7.35%	6.61%
2008	8.86%	9.50%
2007	6.45%	5.80%
2006	6.11%	5.33%
2005	6.45%	7.95%
2004	6.19%	6.67%
2003	6.33%	7.36%
2002	7.06%	8.71%
2001	8.76%	7.55%
2000	9.66%	2.67%
1999	1.82%	0.00%