VGM vs CMDY

Comparison between Invesco Trust for Investment Grade Municipals (VGM, ETF) and ISHARES BLOOMBERG ROLL SELECT COMMODITY STRATEGY ETF (CMDY, ETF).

5-Year PerformanceCMDY has outperformed VGM, delivering a return of +9.3% compared to -0.2%

VGM vs CMDY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VGM(ETF)	CMDY(ETF)
Net Assets	$562M	$561M
Expense Ratio	N/A	0.28%
Max Drawdown	56.97%	33.81%
Sharpe Ratio	1.09	1.47
5Y Beta	0.21	0.16
5Y Dividends CAGR	4.04%	50.79%

Net Assets

Winner

VGM

$562M

CMDY

$561M

Expense Ratio

VGM

N/A

CMDY

0.28%

Max Drawdown

VGM

56.97%

Winner

CMDY

33.81%

Sharpe Ratio

VGM

1.09

Winner

CMDY

1.47

5Y Beta

VGM

0.21

Winner

CMDY

0.16

5Y Dividends CAGR

VGM

4.04%

Winner

CMDY

50.79%

VGM vs CMDY - Historical Returns

Returns include dividend reinvestment.

Period	VGM	CMDY
1 month	-1.02%	-9.09%
3 months	+0.81%	-2.80%
6 months	+2.69%	+19.83%
1 year	+15.92%	+28.41%
5 years(CAGR)	-0.23%	+9.33%
10 years(CAGR)	+2.13%	+7.44%
Max(CAGR)	+5.28%	+7.44%

Winner

VGM

-1.02%

CMDY

-9.09%

Winner

VGM

+0.81%

CMDY

-2.80%

VGM

+2.69%

Winner

CMDY

+19.83%

VGM

+15.92%

Winner

CMDY

+28.41%

5Y(CAGR)

VGM

-0.23%

Winner

CMDY

+9.33%

10Y(CAGR)

VGM

+2.13%

Winner

CMDY

+7.44%

Max(CAGR)

VGM

+5.28%

Winner

CMDY

+7.44%

VGM vs CMDY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VGM	CMDY
2026	+1.07%	+18.58%
2025	+10.26%	+15.05%
2024	+9.33%	+5.97%
2023	+4.12%	-7.25%
2022	-24.02%	+13.73%
2021	+11.38%	+25.42%
2020	+7.57%	+0.99%
2019	+15.89%	+4.79%
2018	-7.78%	-11.10%
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 CMDY Drawdown Comparison

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

The maximum drawdown for CMDY was -31.20%, occurring on Mar 18, 2020. Recovery took 732 trading sessions.

The current VGM drawdown is -5.29%. The current CMDY drawdown is -9.09%.

Rank	VGM	CMDY
#1	-49.32% May 16, 2007 - Sep 3, 2009	-31.20% May 24, 2018 - Apr 22, 2021
#2	-36.59% Sep 22, 2021 - Oct 25, 2023	-26.56% Jun 7, 2022 - Jan 23, 2026
#3	-24.75% Feb 11, 2020 - Nov 30, 2020	-10.71% Mar 8, 2022 - Apr 14, 2022
#4	-23.11% Jan 25, 2013 - Feb 2, 2015	-10.02% Oct 25, 2021 - Jan 26, 2022
#5	-17.26% Nov 5, 2010 - Sep 7, 2011	-9.09% May 12, 2026 - Jun 12, 2026
#6	-15.75% Mar 11, 2004 - Aug 25, 2005	-7.73% Jan 29, 2026 - Mar 5, 2026
#7	-15.16% Jul 8, 2016 - Jun 28, 2019	-7.56% Apr 18, 2022 - Jun 6, 2022
#8	-12.53% Nov 5, 1999 - Aug 21, 2000	-5.77% Jul 29, 2021 - Sep 3, 2021
#9	-10.76% Oct 6, 2009 - Mar 8, 2010	-5.72% Jun 11, 2021 - Jul 22, 2021
#10	-10.20% Jun 16, 2003 - Jan 14, 2004	-4.67% Mar 18, 2026 - Apr 2, 2026
#11	-9.87% Sep 30, 2002 - Apr 10, 2003	-4.16% Apr 6, 2026 - Apr 27, 2026
#12	-7.48% Feb 2, 2015 - Nov 23, 2015	-3.79% Sep 15, 2021 - Sep 27, 2021
#13	-7.01% Nov 13, 2001 - Jan 18, 2002	-3.20% May 11, 2021 - Jun 1, 2021
#14	-6.40% Sep 27, 2012 - Jan 25, 2013	-2.63% May 4, 2026 - May 12, 2026
#15	-6.33% Aug 21, 2000 - Dec 28, 2000	-2.00% Mar 12, 2026 - Mar 18, 2026

Correlation

Correlation between VGM and CMDY is 0.27 which considered as a very weak or no correlation - the stocks move independently of each other.

0.27

-101

Dividend Comparison (2000 - 2026)

VGM vs CMDY dividend yield comparison.

Year	VGM	CMDY
2026	3.16%	0.00%
2025	7.48%	12.89%
2024	6.35%	4.23%
2023	4.42%	5.10%
2022	5.67%	3.98%
2021	4.65%	16.09%
2020	4.65%	0.15%
2019	4.82%	2.21%
2018	5.97%	1.73%
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%