RFFC vs PVI

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

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

RFFC vs PVI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

RFFC

$30M

Winner

PVI

$30M

Expense Ratio

RFFC

0.48%

Winner

PVI

0.25%

Max Drawdown

RFFC

36.48%

Winner

PVI

5.21%

Sharpe Ratio

Winner

RFFC

1.70

PVI

-0.59

5Y Beta

RFFC

0.89

Winner

PVI

0.02

P/E Ratio

RFFC

28.90

PVI

N/A

Forward P/E

RFFC

24.30

PVI

N/A

PEG Ratio

RFFC

0.78

PVI

N/A

5Y Dividends CAGR

RFFC

-1.52%

Winner

PVI

122.99%

5Y EPS CAGR

RFFC

21.85%

PVI

N/A

P/S Ratio

RFFC

3.25

PVI

N/A

P/B Ratio

RFFC

6.38

PVI

N/A

RFFC vs PVI - Historical Returns

Returns include dividend reinvestment.

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

Winner

RFFC

+1.52%

PVI

+0.18%

Winner

RFFC

+9.61%

PVI

+0.65%

Winner

RFFC

+11.07%

PVI

+1.23%

Winner

RFFC

+26.80%

PVI

+2.11%

5Y(CAGR)

Winner

RFFC

+12.08%

PVI

+1.92%

10Y(CAGR)

Winner

RFFC

+12.70%

PVI

+1.30%

Max(CAGR)

Winner

RFFC

+12.67%

PVI

+0.99%

RFFC vs PVI - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	RFFC	PVI
2026	+9.57%	+0.82%
2025	+16.92%	+2.64%
2024	+24.35%	+2.43%
2023	+20.33%	+2.71%
2022	-15.09%	+0.90%
2021	+24.49%	-0.08%
2020	+11.33%	+0.13%
2019	+23.52%	+1.24%
2018	-11.08%	+1.13%
2017	+19.84%	+0.53%
2016	+8.90%	+0.25%
2015	N/A	-0.18%
2014	N/A	-0.08%
2013	N/A	+0.03%
2012	N/A	+0.13%
2011	N/A	+0.65%
2010	N/A	+0.33%
2009	N/A	+0.96%
2008	N/A	+3.44%
2007	N/A	+0.49%

RFFC vs PVI Drawdown Comparison

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

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

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

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

Correlation

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

0.96

-101

Dividend Comparison (2007 - 2026)

RFFC vs PVI dividend yield comparison.

Year	RFFC	PVI
2026	0.15%	0.87%
2025	0.78%	2.22%
2024	1.05%	2.72%
2023	1.35%	3.36%
2022	1.41%	0.56%
2021	0.71%	0.00%
2020	1.79%	0.36%
2019	1.34%	1.15%
2018	1.36%	1.14%
2017	0.93%	0.56%
2016	0.66%	0.13%
2015	0.00%	0.00%
2014	0.00%	0.00%
2013	0.00%	0.03%
2012	0.00%	0.17%
2011	0.00%	0.52%
2010	0.00%	0.33%
2009	0.00%	1.23%
2008	0.00%	3.38%
2007	0.00%	0.41%