VGM vs DWLD

Comparison between Invesco Trust for Investment Grade Municipals (VGM, ETF) and DAVIS SELECT WORLDWIDE ETF (DWLD, ETF).

5-Year PerformanceDWLD has outperformed VGM, delivering a return of +8.8% compared to +0.4%

VGM vs DWLD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VGM(ETF)	DWLD(ETF)
Net Assets	$568M	$568M
Expense Ratio	N/A	0.62%
Max Drawdown	56.97%	40.86%
Sharpe Ratio	1.31	0.75
5Y Beta	0.21	0.86
P/E Ratio	N/A	24.96
Forward P/E	N/A	12.46
PEG Ratio	N/A	0.23
5Y Dividends CAGR	3.74%	57.55%
Debt to Equity	N/A	57.52%
P/S Ratio	N/A	0.73
P/B Ratio	N/A	2.05

Net Assets

VGM

$568M

Winner

DWLD

$568M

Expense Ratio

VGM

N/A

DWLD

0.62%

Max Drawdown

VGM

56.97%

Winner

DWLD

40.86%

Sharpe Ratio

Winner

VGM

1.31

DWLD

0.75

5Y Beta

Winner

VGM

0.21

DWLD

0.86

P/E Ratio

VGM

N/A

DWLD

24.96

Forward P/E

VGM

N/A

DWLD

12.46

PEG Ratio

VGM

N/A

DWLD

0.23

5Y Dividends CAGR

VGM

3.74%

Winner

DWLD

57.55%

Debt to Equity

VGM

N/A

DWLD

57.52%

P/S Ratio

VGM

N/A

DWLD

0.73

P/B Ratio

VGM

N/A

DWLD

2.05

VGM vs DWLD - Historical Returns

Returns include dividend reinvestment.

Period	VGM	DWLD
1 month	+0.51%	+1.84%
3 months	+3.07%	+1.91%
6 months	+3.59%	+1.78%
1 year	+17.98%	+14.69%
5 years(CAGR)	+0.36%	+8.77%
10 years(CAGR)	+2.21%	+10.84%
Max(CAGR)	+5.37%	+10.84%

VGM

+0.51%

Winner

DWLD

+1.84%

Winner

VGM

+3.07%

DWLD

+1.91%

Winner

VGM

+3.59%

DWLD

+1.78%

Winner

VGM

+17.98%

DWLD

+14.69%

5Y(CAGR)

VGM

+0.36%

Winner

DWLD

+8.77%

10Y(CAGR)

VGM

+2.21%

Winner

DWLD

+10.84%

Max(CAGR)

VGM

+5.37%

Winner

DWLD

+10.84%

VGM vs DWLD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VGM	DWLD
2026	+3.83%	+0.27%
2025	+10.26%	+31.54%
2024	+9.33%	+25.70%
2023	+4.12%	+18.38%
2022	-24.02%	-15.41%
2021	+11.38%	-3.23%
2020	+7.57%	+19.91%
2019	+15.89%	+29.69%
2018	-7.78%	-23.88%
2017	+9.59%	+30.10%
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 DWLD Drawdown Comparison

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

The maximum drawdown for DWLD was -39.26%, occurring on Oct 24, 2022. Recovery took 766 trading sessions.

The current VGM drawdown is -2.70%. The current DWLD drawdown is -2.91%.

Rank	VGM	DWLD
#1	-49.32% May 16, 2007 - Sep 3, 2009	-39.26% Apr 29, 2021 - May 15, 2024
#2	-36.59% Sep 22, 2021 - Oct 25, 2023	-37.02% Jan 26, 2018 - Sep 2, 2020
#3	-24.75% Feb 11, 2020 - Nov 30, 2020	-16.01% Feb 14, 2025 - May 12, 2025
#4	-23.11% Jan 25, 2013 - Feb 2, 2015	-11.27% Jan 6, 2026 - May 6, 2026
#5	-17.26% Nov 5, 2010 - Sep 7, 2011	-10.44% May 17, 2024 - Sep 19, 2024
#6	-15.75% Mar 11, 2004 - Aug 25, 2005	-9.81% Nov 7, 2024 - Feb 13, 2025
#7	-15.16% Jul 8, 2016 - Jun 28, 2019	-8.66% Sep 2, 2020 - Oct 12, 2020
#8	-12.53% Nov 5, 1999 - Aug 21, 2000	-6.63% Jun 2, 2026 - Jun 25, 2026
#9	-10.76% Oct 6, 2009 - Mar 8, 2010	-6.33% Nov 12, 2025 - Dec 3, 2025
#10	-10.20% Jun 16, 2003 - Jan 14, 2004	-5.85% Feb 17, 2021 - Apr 16, 2021
#11	-9.87% Sep 30, 2002 - Apr 10, 2003	-5.75% Oct 12, 2020 - Nov 4, 2020
#12	-7.48% Feb 2, 2015 - Nov 23, 2015	-5.43% Oct 7, 2024 - Nov 7, 2024
#13	-7.01% Nov 13, 2001 - Jan 18, 2002	-5.04% Jan 21, 2021 - Feb 4, 2021
#14	-6.40% Sep 27, 2012 - Jan 25, 2013	-4.72% Sep 18, 2025 - Oct 27, 2025
#15	-6.33% Aug 21, 2000 - Dec 28, 2000	-4.43% Jul 23, 2025 - Aug 13, 2025

Correlation

Correlation between VGM and DWLD is 0.66 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.66

-101

Dividend Comparison (2000 - 2026)

VGM vs DWLD dividend yield comparison.

Year	VGM	DWLD
2026	4.36%	0.00%
2025	7.48%	1.56%
2024	6.35%	1.45%
2023	4.42%	1.23%
2022	5.67%	0.75%
2021	4.65%	1.03%
2020	4.65%	0.24%
2019	4.82%	2.27%
2018	5.97%	4.11%
2017	5.79%	0.20%
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%