THW vs VCV

Comparison between abrdn World Healthcare Fund (THW, ETF) and Invesco California Value Municipal Income Trust (VCV, ETF).

5-Year PerformanceTHW has outperformed VCV, delivering a return of +5.7% compared to +0.6%

THW vs VCV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	THW(ETF)	VCV(ETF)
Net Assets	$497M	$495M
Max Drawdown	55.65%	63.94%
Sharpe Ratio	1.38	0.75
5Y Beta	0.51	0.12
5Y Dividends CAGR	1.61%	6.81%

Net Assets

Winner

THW

$497M

VCV

$495M

Max Drawdown

Winner

THW

55.65%

VCV

63.94%

Sharpe Ratio

Winner

THW

1.38

VCV

0.75

5Y Beta

THW

0.51

Winner

VCV

0.12

5Y Dividends CAGR

THW

1.61%

Winner

VCV

6.81%

THW vs VCV - Historical Returns

Returns include dividend reinvestment.

Period	THW	VCV
1 month	-1.15%	+1.46%
3 months	+4.99%	-1.77%
6 months	+4.89%	+2.84%
1 year	+33.77%	+11.72%
5 years(CAGR)	+5.75%	+0.58%
10 years(CAGR)	+9.17%	+2.46%
Max(CAGR)	+5.98%	+5.14%

THW

-1.15%

Winner

VCV

+1.46%

Winner

THW

+4.99%

VCV

-1.77%

Winner

THW

+4.89%

VCV

+2.84%

Winner

THW

+33.77%

VCV

+11.72%

5Y(CAGR)

Winner

THW

+5.75%

VCV

+0.58%

10Y(CAGR)

Winner

THW

+9.17%

VCV

+2.46%

Max(CAGR)

Winner

THW

+5.98%

VCV

+5.14%

THW vs VCV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	THW	VCV
2026	+2.95%	-1.62%
2025	+30.03%	+7.58%
2024	+3.57%	+18.51%
2023	-11.22%	+6.44%
2022	-0.27%	-28.13%
2021	+12.44%	+10.23%
2020	+25.49%	+7.95%
2019	+29.17%	+16.48%
2018	-6.51%	-5.26%
2017	+12.15%	+8.65%
2016	-9.67%	-3.54%
2015	-17.95%	+8.92%
2014	N/A	+20.40%
2013	N/A	-12.87%
2012	N/A	+12.78%
2011	N/A	+23.63%
2010	N/A	+1.94%
2009	N/A	+55.43%
2008	N/A	-45.40%
2007	N/A	+1.50%
2006	N/A	+11.44%
2005	N/A	+7.67%
2004	N/A	-6.37%
2003	N/A	+14.77%
2002	N/A	+10.83%
2001	N/A	+8.40%
2000	N/A	+10.38%
1999	N/A	-0.87%

THW vs VCV Drawdown Comparison

The maximum drawdown for THW was -37.37%, occurring on Mar 23, 2020. Recovery took 49 trading sessions.

The maximum drawdown for VCV was -58.93%, occurring on Dec 15, 2008. Recovery took 829 trading sessions.

The current THW drawdown is -3.57%. The current VCV drawdown is -4.03%.

Rank	THW	VCV
#1	-37.37% Feb 14, 2020 - Apr 27, 2020	-58.93% May 11, 2007 - Aug 25, 2010
#2	-36.36% Jul 13, 2015 - Jul 17, 2019	-38.54% Nov 12, 2021 - Feb 27, 2026
#3	-31.47% Dec 14, 2022 - Aug 1, 2024	-31.73% Feb 21, 2020 - Dec 18, 2020
#4	-20.05% Oct 4, 2024 - Sep 3, 2025	-21.75% Aug 17, 2012 - Dec 2, 2014
#5	-19.22% Sep 2, 2021 - Dec 13, 2022	-18.38% Sep 8, 2010 - Oct 31, 2011
#6	-17.23% Jan 20, 2021 - Aug 17, 2021	-18.02% Jul 8, 2016 - Jun 20, 2019
#7	-11.26% Dec 26, 2025 - Apr 15, 2026	-17.84% Mar 17, 2004 - Jul 29, 2005
#8	-9.09% Oct 30, 2025 - Nov 26, 2025	-10.15% Mar 2, 2012 - May 4, 2012
#9	-8.22% Aug 18, 2020 - Nov 5, 2020	-8.93% Nov 8, 1999 - Apr 6, 2000
#10	-6.23% Jun 5, 2020 - Jul 15, 2020	-8.45% Sep 3, 2019 - Feb 6, 2020
#11	-5.34% Apr 17, 2026 - Apr 30, 2026	-8.29% Feb 27, 2026 - Apr 6, 2026
#12	-4.88% May 28, 2026 - Jun 3, 2026	-8.25% Feb 2, 2015 - Oct 30, 2015
#13	-4.52% Aug 1, 2024 - Aug 23, 2024	-8.00% Apr 11, 2000 - Jun 20, 2000
#14	-4.31% Nov 26, 2025 - Dec 23, 2025	-7.94% Sep 15, 2021 - Nov 8, 2021
#15	-4.08% Jan 22, 2020 - Feb 5, 2020	-7.93% Feb 15, 2001 - Jul 24, 2001

Correlation

Correlation between THW and VCV is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.69

-101

Dividend Comparison (2000 - 2026)

THW vs VCV dividend yield comparison.

Year	THW	VCV
2026	4.69%	3.03%
2025	10.96%	6.96%
2024	12.72%	5.76%
2023	12.00%	4.16%
2022	9.56%	5.46%
2021	8.60%	4.09%
2020	8.85%	4.07%
2019	10.11%	4.43%
2018	12.08%	5.46%
2017	10.29%	5.10%
2016	10.91%	5.86%
2015	3.69%	5.98%
2014	0.00%	6.16%
2013	0.00%	6.95%
2012	0.00%	6.42%
2011	0.00%	7.09%
2010	0.00%	8.09%
2009	0.00%	7.46%
2008	0.00%	11.06%
2007	0.00%	5.32%
2006	0.00%	5.55%
2005	0.00%	7.45%
2004	0.00%	7.40%
2003	0.00%	8.70%
2002	0.00%	6.74%
2001	0.00%	5.92%
2000	0.00%	2.37%