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VGM vs SPXU

Comparison between Invesco Trust for Investment Grade Municipals (VGM, ETF) and ProShares UltraPro Short S&P 500 (SPXU, ETF).

5-Year PerformanceVGM has outperformed SPXU, delivering a return of -0.7% compared to -34.0%

VGM vs SPXU - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
VGM
$561M
Winner
SPXU
$562M
Max Drawdown
Winner
VGM
56.97%
SPXU
99.99%
Sharpe Ratio
Winner
VGM
0.90
SPXU
-1.60
5Y Beta
VGM
0.21
Winner
SPXU
-1.65
5Y Dividends CAGR
Winner
VGM
4.04%
SPXU
-1.11%

VGM vs SPXU - Historical Returns

Returns include dividend reinvestment.

1M
Winner
VGM
-2.20%
SPXU
-5.13%
3M
Winner
VGM
-1.45%
SPXU
-21.59%
6M
Winner
VGM
+0.59%
SPXU
-19.46%
1Y
Winner
VGM
+13.27%
SPXU
-46.40%
5Y(CAGR)
Winner
VGM
-0.67%
SPXU
-34.04%
10Y(CAGR)
Winner
VGM
+1.98%
SPXU
-41.50%
Max(CAGR)
Winner
VGM
+5.22%
SPXU
-42.50%

VGM vs SPXU - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearVGMSPXU
2026-0.61%-20.25%
2025+10.26%-42.26%
2024+9.33%-44.36%
2023+4.12%-46.82%
2022-24.02%+38.93%
2021+11.38%-59.51%
2020+7.57%-69.58%
2019+15.89%-56.23%
2018-7.78%+6.18%
2017+9.59%-42.98%
2016+0.84%-38.28%
2015+6.74%-16.75%
2014+16.53%-38.65%
2013-16.11%-56.86%
2012+9.31%-39.74%
2011+21.70%-30.34%
2010+3.53%-43.79%
2009+55.64%-50.48%
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 SPXU Drawdown Comparison

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

The maximum drawdown for SPXU was -99.99%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current VGM drawdown is -6.87%. The current SPXU drawdown is -99.99%.

RankVGMSPXU
#1-49.32%
May 16, 2007 - Sep 3, 2009
-99.99%
Jul 10, 2009 - Jun 2, 2026
#2-36.59%
Sep 22, 2021 - Oct 25, 2023
-2.98%
Jun 26, 2009 - Jul 2, 2009
#3-24.75%
Feb 11, 2020 - Nov 30, 2020
-0.23%
Jul 2, 2009 - Jul 7, 2009
#4-23.11%
Jan 25, 2013 - Feb 2, 2015
-0.23%
Jul 7, 2009 - Jul 10, 2009
#5-17.26%
Nov 5, 2010 - Sep 7, 2011
N/A
#6-15.75%
Mar 11, 2004 - Aug 25, 2005
N/A
#7-15.16%
Jul 8, 2016 - Jun 28, 2019
N/A
#8-12.53%
Nov 5, 1999 - Aug 21, 2000
N/A
#9-10.76%
Oct 6, 2009 - Mar 8, 2010
N/A
#10-10.20%
Jun 16, 2003 - Jan 14, 2004
N/A
#11-9.87%
Sep 30, 2002 - Apr 10, 2003
N/A
#12-7.48%
Feb 2, 2015 - Nov 23, 2015
N/A
#13-7.01%
Nov 13, 2001 - Jan 18, 2002
N/A
#14-6.40%
Sep 27, 2012 - Jan 25, 2013
N/A
#15-6.33%
Aug 21, 2000 - Dec 28, 2000
N/A

Correlation

Correlation between VGM and SPXU is -0.70 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.70
-101

Dividend Comparison (2000 - 2026)

VGM vs SPXU dividend yield comparison.

YearVGMSPXU
20263.22%1.14%
20257.48%7.02%
20246.35%9.53%
20234.42%7.06%
20225.67%0.39%
20214.65%0.00%
20204.65%0.70%
20194.82%2.14%
20185.97%1.41%
20175.79%0.10%
20166.50%0.00%
20156.62%0.00%
20146.64%0.00%
20137.68%0.00%
20126.91%0.00%
20117.05%0.00%
20107.91%0.00%
20096.61%0.00%
20089.50%0.00%
20075.80%0.00%
20065.33%0.00%
20057.95%0.00%
20046.67%0.00%
20037.36%0.00%
20028.71%0.00%
20017.55%0.00%
20002.67%0.00%

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