VGM vs CTEF

Comparison between Invesco Trust for Investment Grade Municipals (VGM, ETF) and CASTELLAN TARGETED EQUITY ETF (CTEF, ETF).

VGM vs CTEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VGM(ETF)	CTEF(ETF)
Net Assets	$561M	$559M
Expense Ratio	N/A	0.45%
Max Drawdown	56.97%	15.00%
Sharpe Ratio	0.90	2.39
5Y Beta	0.21	1.45
P/E Ratio	N/A	20.83
Forward P/E	N/A	16.54
PEG Ratio	N/A	0.20
5Y Dividends CAGR	4.04%	N/A
5Y EPS CAGR	N/A	58.88%
Debt to Equity	N/A	89.80%
P/S Ratio	N/A	2.15
P/B Ratio	N/A	6.63

Net Assets

Winner

VGM

$561M

CTEF

$559M

Expense Ratio

VGM

N/A

CTEF

0.45%

Max Drawdown

VGM

56.97%

Winner

CTEF

15.00%

Sharpe Ratio

VGM

0.90

Winner

CTEF

2.39

5Y Beta

Winner

VGM

0.21

CTEF

1.45

P/E Ratio

VGM

N/A

CTEF

20.83

Forward P/E

VGM

N/A

CTEF

16.54

PEG Ratio

VGM

N/A

CTEF

0.20

5Y Dividends CAGR

VGM

4.04%

CTEF

N/A

5Y EPS CAGR

VGM

N/A

CTEF

58.88%

Debt to Equity

VGM

N/A

CTEF

89.80%

P/S Ratio

VGM

N/A

CTEF

2.15

P/B Ratio

VGM

N/A

CTEF

6.63

VGM vs CTEF - Historical Returns

Returns include dividend reinvestment.

Period	VGM	CTEF
1 month	-2.20%	+4.97%
3 months	-1.45%	+15.77%
6 months	+0.59%	+26.08%
1 year	+13.27%	+67.32%
5 years(CAGR)	-0.67%	N/A
10 years(CAGR)	+1.98%	N/A
Max(CAGR)	+5.22%	+70.60%

VGM

-2.20%

Winner

CTEF

+4.97%

VGM

-1.45%

Winner

CTEF

+15.77%

VGM

+0.59%

Winner

CTEF

+26.08%

VGM

+13.27%

Winner

CTEF

+67.32%

5Y(CAGR)

VGM

-0.67%

CTEF

N/A

10Y(CAGR)

VGM

+1.98%

CTEF

N/A

Max(CAGR)

VGM

+5.22%

Winner

CTEF

+70.60%

VGM vs CTEF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VGM	CTEF
2026	-0.61%	+23.04%
2025	+10.26%	+33.22%
2024	+9.33%	N/A
2023	+4.12%	N/A
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 CTEF Drawdown Comparison

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

The maximum drawdown for CTEF was -15.00%, occurring on Mar 30, 2026. Recovery took 33 trading sessions.

The current VGM drawdown is -6.87%. The current CTEF drawdown is -3.30%.

Rank	VGM	CTEF
#1	-49.32% May 16, 2007 - Sep 3, 2009	-15.00% Feb 25, 2026 - Apr 14, 2026
#2	-36.59% Sep 22, 2021 - Oct 25, 2023	-6.99% Nov 10, 2025 - Dec 10, 2025
#3	-24.75% Feb 11, 2020 - Nov 30, 2020	-5.33% Oct 1, 2025 - Oct 24, 2025
#4	-23.11% Jan 25, 2013 - Feb 2, 2015	-4.97% May 14, 2026 - May 26, 2026
#5	-17.26% Nov 5, 2010 - Sep 7, 2011	-4.01% Dec 11, 2025 - Dec 22, 2025
#6	-15.75% Mar 11, 2004 - Aug 25, 2005	-3.39% Jan 29, 2026 - Feb 6, 2026
#7	-15.16% Jul 8, 2016 - Jun 28, 2019	-3.30% Jun 2, 2026 - Jun 5, 2026
#8	-12.53% Nov 5, 1999 - Aug 21, 2000	-2.49% Dec 24, 2025 - Jan 5, 2026
#9	-10.76% Oct 6, 2009 - Mar 8, 2010	-2.27% Sep 22, 2025 - Sep 30, 2025
#10	-10.20% Jun 16, 2003 - Jan 14, 2004	-2.23% Apr 20, 2026 - May 1, 2026
#11	-9.87% Sep 30, 2002 - Apr 10, 2003	-2.05% Oct 27, 2025 - Nov 10, 2025
#12	-7.48% Feb 2, 2015 - Nov 23, 2015	-2.04% Jan 6, 2026 - Jan 21, 2026
#13	-7.01% Nov 13, 2001 - Jan 18, 2002	-1.85% Aug 28, 2025 - Sep 4, 2025
#14	-6.40% Sep 27, 2012 - Jan 25, 2013	-1.79% Feb 18, 2026 - Feb 25, 2026
#15	-6.33% Aug 21, 2000 - Dec 28, 2000	-1.61% Feb 11, 2026 - Feb 18, 2026

Correlation

Correlation between VGM and CTEF is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2000 - 2026)

VGM vs CTEF dividend yield comparison.

Year	VGM	CTEF
2026	3.22%	0.00%
2025	7.48%	0.08%
2024	6.35%	0.00%
2023	4.42%	0.00%
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%