VGM vs BRTR

Comparison between Invesco Trust for Investment Grade Municipals (VGM, ETF) and BlackRock Total Return ETF (BRTR, ETF).

VGM vs BRTR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VGM(ETF)	BRTR(ETF)
Net Assets	$561M	$557M
Expense Ratio	N/A	0.38%
Max Drawdown	56.97%	7.15%
Sharpe Ratio	0.90	0.36
5Y Beta	0.21	0.05
P/E Ratio	N/A	0.11
Forward P/E	N/A	384.62
PEG Ratio	N/A	0.94
5Y Dividends CAGR	4.04%	N/A
Debt to Equity	N/A	73.31%
P/S Ratio	N/A	6.05
P/B Ratio	N/A	4.68

Net Assets

Winner

VGM

$561M

BRTR

$557M

Expense Ratio

VGM

N/A

BRTR

0.38%

Max Drawdown

VGM

56.97%

Winner

BRTR

7.15%

Sharpe Ratio

Winner

VGM

0.90

BRTR

0.36

5Y Beta

VGM

0.21

Winner

BRTR

0.05

P/E Ratio

VGM

N/A

BRTR

0.11

Forward P/E

VGM

N/A

BRTR

384.62

PEG Ratio

VGM

N/A

BRTR

0.94

5Y Dividends CAGR

VGM

4.04%

BRTR

N/A

Debt to Equity

VGM

N/A

BRTR

73.31%

P/S Ratio

VGM

N/A

BRTR

6.05

P/B Ratio

VGM

N/A

BRTR

4.68

VGM vs BRTR - Historical Returns

Returns include dividend reinvestment.

Period	VGM	BRTR
1 month	-2.20%	-0.04%
3 months	-1.45%	-0.95%
6 months	+0.59%	+0.27%
1 year	+13.27%	+5.14%
5 years(CAGR)	-0.67%	N/A
10 years(CAGR)	+1.98%	N/A
Max(CAGR)	+5.22%	+3.95%

VGM

-2.20%

Winner

BRTR

-0.04%

VGM

-1.45%

Winner

BRTR

-0.95%

Winner

VGM

+0.59%

BRTR

+0.27%

Winner

VGM

+13.27%

BRTR

+5.14%

5Y(CAGR)

VGM

-0.67%

BRTR

N/A

10Y(CAGR)

VGM

+1.98%

BRTR

N/A

Max(CAGR)

Winner

VGM

+5.22%

BRTR

+3.95%

VGM vs BRTR - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VGM	BRTR
2026	-0.61%	+0.12%
2025	+10.26%	+8.01%
2024	+9.33%	+1.78%
2023	+4.12%	+0.43%
2022	-24.02%	N/A
2021	+11.38%	N/A
2020	+7.57%	N/A
2019	+15.89%	N/A
2018	-7.78%	N/A
2017	+9.59%	N/A
2016	+0.84%	N/A
2015	+6.74%	N/A
2014	+16.53%	N/A
2013	-16.11%	N/A
2012	+9.31%	N/A
2011	+21.70%	N/A
2010	+3.53%	N/A
2009	+55.64%	N/A
2008	-32.30%	N/A
2007	-6.33%	N/A
2006	+11.93%	N/A
2005	+4.42%	N/A
2004	+1.63%	N/A
2003	+7.57%	N/A
2002	+16.03%	N/A
2001	+8.58%	N/A
2000	+10.93%	N/A
1999	-6.34%	N/A

VGM vs BRTR Drawdown Comparison

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

The maximum drawdown for BRTR was -5.07%, occurring on Jan 13, 2025. Recovery took 194 trading sessions.

The current VGM drawdown is -6.87%. The current BRTR drawdown is -2.00%.

Rank	VGM	BRTR
#1	-49.32% May 16, 2007 - Sep 3, 2009	-5.07% Sep 16, 2024 - Jun 26, 2025
#2	-36.59% Sep 22, 2021 - Oct 25, 2023	-3.43% Feb 1, 2024 - Jun 13, 2024
#3	-24.75% Feb 11, 2020 - Nov 30, 2020	-3.26% Feb 27, 2026 - Mar 27, 2026
#4	-23.11% Jan 25, 2013 - Feb 2, 2015	-1.82% Dec 28, 2023 - Feb 1, 2024
#5	-17.26% Nov 5, 2010 - Sep 7, 2011	-1.40% Jun 25, 2024 - Jul 8, 2024
#6	-15.75% Mar 11, 2004 - Aug 25, 2005	-1.21% Jun 30, 2025 - Aug 1, 2025
#7	-15.16% Jul 8, 2016 - Jun 28, 2019	-1.13% Aug 5, 2024 - Aug 14, 2024
#8	-12.53% Nov 5, 1999 - Aug 21, 2000	-1.05% Oct 28, 2025 - Jan 9, 2026
#9	-10.76% Oct 6, 2009 - Mar 8, 2010	-0.81% Sep 16, 2025 - Oct 14, 2025
#10	-10.20% Jun 16, 2003 - Jan 14, 2004	-0.76% Jul 17, 2024 - Jul 30, 2024
#11	-9.87% Sep 30, 2002 - Apr 10, 2003	-0.68% Jan 14, 2026 - Feb 5, 2026
#12	-7.48% Feb 2, 2015 - Nov 23, 2015	-0.58% Aug 27, 2024 - Sep 4, 2024
#13	-7.01% Nov 13, 2001 - Jan 18, 2002	-0.56% Aug 13, 2025 - Aug 26, 2025
#14	-6.40% Sep 27, 2012 - Jan 25, 2013	-0.41% Aug 21, 2024 - Aug 27, 2024
#15	-6.33% Aug 21, 2000 - Dec 28, 2000	-0.38% Aug 5, 2025 - Aug 13, 2025

Correlation

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

0.92

-101

Dividend Comparison (2000 - 2026)

VGM vs BRTR dividend yield comparison.

Year	VGM	BRTR
2026	3.22%	1.83%
2025	7.48%	4.86%
2024	6.35%	5.58%
2023	4.42%	0.22%
2022	5.67%	0.00%
2021	4.65%	0.00%
2020	4.65%	0.00%
2019	4.82%	0.00%
2018	5.97%	0.00%
2017	5.79%	0.00%
2016	6.50%	0.00%
2015	6.62%	0.00%
2014	6.64%	0.00%
2013	7.68%	0.00%
2012	6.91%	0.00%
2011	7.05%	0.00%
2010	7.91%	0.00%
2009	6.61%	0.00%
2008	9.50%	0.00%
2007	5.80%	0.00%
2006	5.33%	0.00%
2005	7.95%	0.00%
2004	6.67%	0.00%
2003	7.36%	0.00%
2002	8.71%	0.00%
2001	7.55%	0.00%
2000	2.67%	0.00%