PVI vs LFEQ

Comparison between INVESCO FLOATING RATE MUNICIPAL INCOME ETF (PVI, ETF) and VANECK LONG/FLAT TREND ETF (LFEQ, ETF).

5-Year PerformanceLFEQ has outperformed PVI, delivering a return of +9.4% compared to +1.9%

PVI vs LFEQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PVI(ETF)	LFEQ(ETF)
Net Assets	$30M	$30M
Expense Ratio	0.25%	0.58%
Max Drawdown	5.21%	35.19%
Sharpe Ratio	-0.59	1.51
5Y Beta	0.02	0.92
5Y Dividends CAGR	122.99%	-7.26%

Net Assets

PVI

$30M

Winner

LFEQ

$30M

Expense Ratio

Winner

PVI

0.25%

LFEQ

0.58%

Max Drawdown

Winner

PVI

5.21%

LFEQ

35.19%

Sharpe Ratio

PVI

-0.59

Winner

LFEQ

1.51

5Y Beta

Winner

PVI

0.02

LFEQ

0.92

5Y Dividends CAGR

Winner

PVI

122.99%

LFEQ

-7.26%

PVI vs LFEQ - Historical Returns

Returns include dividend reinvestment.

Period	PVI	LFEQ
1 month	+0.18%	+0.41%
3 months	+0.65%	+11.45%
6 months	+1.23%	+9.18%
1 year	+2.11%	+23.75%
5 years(CAGR)	+1.92%	+9.45%
10 years(CAGR)	+1.30%	+11.56%
Max(CAGR)	+0.99%	+11.56%

PVI

+0.18%

Winner

LFEQ

+0.41%

PVI

+0.65%

Winner

LFEQ

+11.45%

PVI

+1.23%

Winner

LFEQ

+9.18%

PVI

+2.11%

Winner

LFEQ

+23.75%

5Y(CAGR)

PVI

+1.92%

Winner

LFEQ

+9.45%

10Y(CAGR)

PVI

+1.30%

Winner

LFEQ

+11.56%

Max(CAGR)

PVI

+0.99%

Winner

LFEQ

+11.56%

PVI vs LFEQ - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	PVI	LFEQ
2026	+0.82%	+8.71%
2025	+2.64%	+10.69%
2024	+2.43%	+25.09%
2023	+2.71%	+19.80%
2022	+0.90%	-22.46%
2021	-0.08%	+29.88%
2020	+0.13%	+16.59%
2019	+1.24%	+23.57%
2018	+1.13%	-5.96%
2017	+0.53%	+5.27%
2016	+0.25%	N/A
2015	-0.18%	N/A
2014	-0.08%	N/A
2013	+0.03%	N/A
2012	+0.13%	N/A
2011	+0.65%	N/A
2010	+0.33%	N/A
2009	+0.96%	N/A
2008	+3.44%	N/A
2007	+0.49%	N/A

PVI vs LFEQ Drawdown Comparison

The maximum drawdown for PVI was -4.10%, occurring on Feb 29, 2008. Recovery took 347 trading sessions.

The maximum drawdown for LFEQ was -35.19%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

The current PVI drawdown is -0.16%. The current LFEQ drawdown is -2.31%.

Rank	PVI	LFEQ
#1	-4.10% Jan 25, 2008 - Jun 11, 2009	-35.19% Feb 19, 2020 - Aug 12, 2020
#2	-1.17% Oct 2, 2024 - Jan 10, 2025	-25.55% Jan 4, 2022 - Mar 1, 2024
#3	-1.04% Oct 26, 2010 - Nov 15, 2010	-18.97% Feb 19, 2025 - Aug 28, 2025
#4	-0.99% Sep 4, 2025 - Oct 27, 2025	-16.45% Sep 21, 2018 - Jul 11, 2019
#5	-0.80% Mar 27, 2025 - Apr 9, 2025	-9.86% Jan 26, 2018 - Aug 29, 2018
#6	-0.68% Mar 20, 2020 - Oct 24, 2022	-9.62% Sep 2, 2020 - Nov 13, 2020
#7	-0.65% Dec 31, 2025 - Feb 3, 2026	-8.98% Jan 28, 2026 - Apr 15, 2026
#8	-0.65% Mar 27, 2026 - May 19, 2026	-8.53% Jul 16, 2024 - Sep 19, 2024
#9	-0.65% Oct 27, 2025 - Dec 22, 2025	-5.97% Jul 26, 2019 - Oct 25, 2019
#10	-0.60% Feb 3, 2026 - Mar 13, 2026	-5.52% Mar 28, 2024 - May 15, 2024
#11	-0.60% Jul 19, 2013 - Mar 17, 2017	-5.16% Sep 3, 2021 - Oct 20, 2021
#12	-0.58% Mar 1, 2018 - May 23, 2018	-5.05% Oct 28, 2025 - Dec 10, 2025
#13	-0.52% Feb 24, 2020 - Mar 19, 2020	-4.30% Jun 2, 2026 - Jun 10, 2026
#14	-0.48% Feb 21, 2025 - Mar 24, 2025	-4.24% Feb 12, 2021 - Mar 11, 2021
#15	-0.48% Jun 19, 2018 - Aug 15, 2018	-4.20% Dec 6, 2024 - Jan 22, 2025

Correlation

Correlation between PVI and LFEQ is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2007 - 2026)

PVI vs LFEQ dividend yield comparison.

Year	PVI	LFEQ
2026	0.87%	0.00%
2025	2.22%	0.90%
2024	2.72%	0.74%
2023	3.36%	1.56%
2022	0.56%	1.19%
2021	0.00%	0.37%
2020	0.36%	2.06%
2019	1.15%	1.45%
2018	1.14%	1.07%
2017	0.56%	0.79%
2016	0.13%	0.00%
2015	0.00%	0.00%
2014	0.00%	0.00%
2013	0.03%	0.00%
2012	0.17%	0.00%
2011	0.52%	0.00%
2010	0.33%	0.00%
2009	1.23%	0.00%
2008	3.38%	0.00%
2007	0.41%	0.00%