VKQ vs IBTL

Comparison between Invesco Municipal Trust (VKQ, ETF) and ISHARES IBONDS DEC 2031 TERM TREASURY ETF (IBTL, ETF).

5-Year PerformanceVKQ has outperformed IBTL, delivering a return of -0.9% compared to -1.6%

VKQ vs IBTL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VKQ(ETF)	IBTL(ETF)
Net Assets	$556M	$555M
Expense Ratio	N/A	0.07%
Max Drawdown	55.10%	24.74%
Sharpe Ratio	1.20	-0.22
5Y Beta	0.20	-0.02
5Y Dividends CAGR	4.14%	N/A

Net Assets

Winner

VKQ

$556M

IBTL

$555M

Expense Ratio

VKQ

N/A

IBTL

0.07%

Max Drawdown

VKQ

55.10%

Winner

IBTL

24.74%

Sharpe Ratio

Winner

VKQ

1.20

IBTL

-0.22

5Y Beta

VKQ

0.20

Winner

IBTL

-0.02

5Y Dividends CAGR

VKQ

4.14%

IBTL

N/A

VKQ vs IBTL - Historical Returns

Returns include dividend reinvestment.

Period	VKQ	IBTL
1 month	+1.17%	-0.55%
3 months	+0.82%	-1.46%
6 months	+4.80%	-0.56%
1 year	+14.19%	+3.13%
5 years(CAGR)	-0.89%	-1.60%
10 years(CAGR)	+2.27%	N/A
Max(CAGR)	+4.97%	-1.60%

Winner

VKQ

+1.17%

IBTL

-0.55%

Winner

VKQ

+0.82%

IBTL

-1.46%

Winner

VKQ

+4.80%

IBTL

-0.56%

Winner

VKQ

+14.19%

IBTL

+3.13%

5Y(CAGR)

Winner

VKQ

-0.89%

IBTL

-1.60%

10Y(CAGR)

VKQ

+2.27%

IBTL

N/A

Max(CAGR)

Winner

VKQ

+4.97%

IBTL

-1.60%

VKQ vs IBTL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VKQ	IBTL
2026	+3.37%	-0.71%
2025	+5.95%	+7.90%
2024	+9.60%	+0.67%
2023	+1.27%	+2.84%
2022	-22.51%	-15.60%
2021	+10.50%	-1.38%
2020	+8.50%	N/A
2019	+15.02%	N/A
2018	-6.10%	N/A
2017	+7.88%	N/A
2016	+1.23%	N/A
2015	+7.45%	N/A
2014	+16.72%	N/A
2013	-16.55%	N/A
2012	+10.08%	N/A
2011	+20.62%	N/A
2010	+3.27%	N/A
2009	+49.36%	N/A
2008	-36.79%	N/A
2007	+1.29%	N/A
2006	+18.83%	N/A
2005	+3.17%	N/A
2004	+5.81%	N/A
2003	+8.90%	N/A
2002	+15.08%	N/A
2001	+5.97%	N/A
2000	+6.32%	N/A
1999	-4.71%	N/A

VKQ vs IBTL Drawdown Comparison

The maximum drawdown for VKQ was -50.96%, occurring on Dec 16, 2008. Recovery took 408 trading sessions.

The maximum drawdown for IBTL was -20.93%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current VKQ drawdown is -8.02%. The current IBTL drawdown is -7.54%.

Rank	VKQ	IBTL
#1	-50.96% Jan 24, 2008 - Sep 4, 2009	-20.93% Sep 1, 2021 - Oct 19, 2023
#2	-37.26% Sep 1, 2021 - Oct 25, 2023	N/A
#3	-26.43% Dec 3, 2012 - Jan 5, 2016	N/A
#4	-25.76% Feb 25, 2020 - Nov 23, 2020	N/A
#5	-18.91% Sep 1, 2010 - Nov 11, 2011	N/A
#6	-14.85% Mar 15, 2004 - Feb 8, 2005	N/A
#7	-14.76% May 11, 2007 - Jan 23, 2008	N/A
#8	-14.41% Aug 12, 2016 - May 13, 2019	N/A
#9	-11.73% Nov 3, 1999 - Jul 11, 2000	N/A
#10	-11.10% Jun 17, 2003 - Jan 13, 2004	N/A
#11	-10.96% Oct 5, 2009 - Mar 9, 2010	N/A
#12	-10.27% Aug 17, 2000 - Jan 5, 2001	N/A
#13	-9.67% Oct 2, 2002 - Apr 24, 2003	N/A
#14	-9.45% Feb 15, 2005 - Sep 6, 2005	N/A
#15	-7.51% Mar 1, 2012 - May 21, 2012	N/A

Correlation

Correlation between VKQ and IBTL is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2000 - 2026)

VKQ vs IBTL dividend yield comparison.

Year	VKQ	IBTL
2026	3.23%	1.63%
2025	7.81%	3.93%
2024	6.43%	4.07%
2023	4.60%	3.04%
2022	5.63%	2.36%
2021	4.71%	0.70%
2020	4.65%	0.00%
2019	4.96%	0.00%
2018	5.98%	0.00%
2017	5.78%	0.00%
2016	6.44%	0.00%
2015	6.39%	0.00%
2014	6.38%	0.00%
2013	7.38%	0.00%
2012	6.64%	0.00%
2011	6.86%	0.00%
2010	7.69%	0.00%
2009	6.76%	0.00%
2008	9.27%	0.00%
2007	5.28%	0.00%
2006	4.92%	0.00%
2005	7.90%	0.00%
2004	6.38%	0.00%
2003	6.49%	0.00%
2002	6.45%	0.00%
2001	6.13%	0.00%
2000	2.75%	0.00%