PVI vs RFFC

Comparison between INVESCO FLOATING RATE MUNICIPAL INCOME ETF (PVI, ETF) and ALPS ACTIVE EQUITY OPPORTUNITY ETF (RFFC, ETF).

5-Year PerformanceRFFC has outperformed PVI, delivering a return of +12.1% compared to +1.9%

PVI vs RFFC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PVI(ETF)	RFFC(ETF)
Net Assets	$30M	$30M
Expense Ratio	0.25%	0.48%
Max Drawdown	5.21%	36.48%
Sharpe Ratio	-0.59	1.70
5Y Beta	0.02	0.89
P/E Ratio	N/A	28.90
Forward P/E	N/A	24.30
PEG Ratio	N/A	0.78
5Y Dividends CAGR	122.99%	-1.52%
5Y EPS CAGR	N/A	21.85%
P/S Ratio	N/A	3.25
P/B Ratio	N/A	6.38

Net Assets

Winner

PVI

$30M

RFFC

$30M

Expense Ratio

Winner

PVI

0.25%

RFFC

0.48%

Max Drawdown

Winner

PVI

5.21%

RFFC

36.48%

Sharpe Ratio

PVI

-0.59

Winner

RFFC

1.70

5Y Beta

Winner

PVI

0.02

RFFC

0.89

P/E Ratio

PVI

N/A

RFFC

28.90

Forward P/E

PVI

N/A

RFFC

24.30

PEG Ratio

PVI

N/A

RFFC

0.78

5Y Dividends CAGR

Winner

PVI

122.99%

RFFC

-1.52%

5Y EPS CAGR

PVI

N/A

RFFC

21.85%

P/S Ratio

PVI

N/A

RFFC

3.25

P/B Ratio

PVI

N/A

RFFC

6.38

PVI vs RFFC - Historical Returns

Returns include dividend reinvestment.

Period	PVI	RFFC
1 month	+0.18%	+1.52%
3 months	+0.65%	+9.61%
6 months	+1.23%	+11.07%
1 year	+2.11%	+26.80%
5 years(CAGR)	+1.92%	+12.08%
10 years(CAGR)	+1.30%	+12.70%
Max(CAGR)	+0.99%	+12.67%

PVI

+0.18%

Winner

RFFC

+1.52%

PVI

+0.65%

Winner

RFFC

+9.61%

PVI

+1.23%

Winner

RFFC

+11.07%

PVI

+2.11%

Winner

RFFC

+26.80%

5Y(CAGR)

PVI

+1.92%

Winner

RFFC

+12.08%

10Y(CAGR)

PVI

+1.30%

Winner

RFFC

+12.70%

Max(CAGR)

PVI

+0.99%

Winner

RFFC

+12.67%

PVI vs RFFC - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	PVI	RFFC
2026	+0.82%	+9.57%
2025	+2.64%	+16.92%
2024	+2.43%	+24.35%
2023	+2.71%	+20.33%
2022	+0.90%	-15.09%
2021	-0.08%	+24.49%
2020	+0.13%	+11.33%
2019	+1.24%	+23.52%
2018	+1.13%	-11.08%
2017	+0.53%	+19.84%
2016	+0.25%	+8.90%
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 RFFC Drawdown Comparison

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

The maximum drawdown for RFFC was -36.26%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.

The current PVI drawdown is -0.16%. The current RFFC drawdown is -1.33%.

Rank	PVI	RFFC
#1	-4.10% Jan 25, 2008 - Jun 11, 2009	-36.26% Feb 12, 2020 - Sep 2, 2020
#2	-1.17% Oct 2, 2024 - Jan 10, 2025	-24.26% Sep 20, 2018 - Dec 20, 2019
#3	-1.04% Oct 26, 2010 - Nov 15, 2010	-22.28% Jan 4, 2022 - Dec 18, 2023
#4	-0.99% Sep 4, 2025 - Oct 27, 2025	-18.45% Feb 13, 2025 - Jul 3, 2025
#5	-0.80% Mar 27, 2025 - Apr 9, 2025	-10.33% Jan 26, 2018 - Jun 11, 2018
#6	-0.68% Mar 20, 2020 - Oct 24, 2022	-9.25% Feb 25, 2026 - Apr 17, 2026
#7	-0.65% Dec 31, 2025 - Feb 3, 2026	-9.15% Sep 2, 2020 - Oct 12, 2020
#8	-0.65% Mar 27, 2026 - May 19, 2026	-8.35% Oct 12, 2020 - Nov 16, 2020
#9	-0.65% Oct 27, 2025 - Dec 22, 2025	-7.69% Jul 16, 2024 - Aug 23, 2024
#10	-0.60% Feb 3, 2026 - Mar 13, 2026	-6.82% Feb 12, 2021 - Apr 1, 2021
#11	-0.60% Jul 19, 2013 - Mar 17, 2017	-6.05% Sep 2, 2021 - Oct 28, 2021
#12	-0.58% Mar 1, 2018 - May 23, 2018	-6.03% Jul 25, 2017 - Sep 27, 2017
#13	-0.52% Feb 24, 2020 - Mar 19, 2020	-5.58% Nov 16, 2021 - Jan 3, 2022
#14	-0.48% Feb 21, 2025 - Mar 24, 2025	-5.00% Aug 15, 2016 - Nov 10, 2016
#15	-0.48% Jun 19, 2018 - Aug 15, 2018	-4.83% Mar 21, 2024 - May 15, 2024

Correlation

Correlation between PVI and RFFC is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2007 - 2026)

PVI vs RFFC dividend yield comparison.

Year	PVI	RFFC
2026	0.87%	0.15%
2025	2.22%	0.78%
2024	2.72%	1.05%
2023	3.36%	1.35%
2022	0.56%	1.41%
2021	0.00%	0.71%
2020	0.36%	1.79%
2019	1.15%	1.34%
2018	1.14%	1.36%
2017	0.56%	0.93%
2016	0.13%	0.66%
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%