VKQ vs PCQ

Comparison between Invesco Municipal Trust (VKQ, ETF) and Pimco California Municipal Income Fund (PCQ, ETF).

5-Year PerformanceVKQ has outperformed PCQ, delivering a return of -0.9% compared to -9.7%

VKQ vs PCQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VKQ(ETF)	PCQ(ETF)
Net Assets	$556M	$556M
Max Drawdown	55.10%	60.60%
Sharpe Ratio	1.20	0.81
5Y Beta	0.20	0.14
5Y Dividends CAGR	4.14%	-8.38%

Net Assets

VKQ

$556M

Winner

PCQ

$556M

Max Drawdown

Winner

VKQ

55.10%

PCQ

60.60%

Sharpe Ratio

Winner

VKQ

1.20

PCQ

0.81

5Y Beta

VKQ

0.20

Winner

PCQ

0.14

5Y Dividends CAGR

Winner

VKQ

4.14%

PCQ

-8.38%

VKQ vs PCQ - Historical Returns

Returns include dividend reinvestment.

Period	VKQ	PCQ
1 month	+1.17%	+1.55%
3 months	+0.82%	+0.33%
6 months	+4.80%	+3.64%
1 year	+14.19%	+9.78%
5 years(CAGR)	-0.89%	-9.71%
10 years(CAGR)	+2.27%	-1.43%
Max(CAGR)	+4.97%	+3.76%

VKQ

+1.17%

Winner

PCQ

+1.55%

Winner

VKQ

+0.82%

PCQ

+0.33%

Winner

VKQ

+4.80%

PCQ

+3.64%

Winner

VKQ

+14.19%

PCQ

+9.78%

5Y(CAGR)

Winner

VKQ

-0.89%

PCQ

-9.71%

10Y(CAGR)

Winner

VKQ

+2.27%

PCQ

-1.43%

Max(CAGR)

Winner

VKQ

+4.97%

PCQ

+3.76%

VKQ vs PCQ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VKQ	PCQ
2026	+3.37%	+3.33%
2025	+5.95%	+0.17%
2024	+9.60%	+1.28%
2023	+1.27%	-36.42%
2022	-22.51%	-15.26%
2021	+10.50%	+7.87%
2020	+8.50%	-6.19%
2019	+15.02%	+26.15%
2018	-6.10%	-1.10%
2017	+7.88%	+16.44%
2016	+1.23%	+5.62%
2015	+7.45%	+6.94%
2014	+16.72%	+26.59%
2013	-16.55%	-14.10%
2012	+10.08%	+25.62%
2011	+20.62%	+18.97%
2010	+3.27%	+6.14%
2009	+49.36%	+45.10%
2008	-36.79%	-41.29%
2007	+1.29%	-3.73%
2006	+18.83%	+16.83%
2005	+3.17%	+24.28%
2004	+5.81%	+8.38%
2003	+8.90%	+0.07%
2002	+15.08%	+2.59%
2001	+5.97%	+0.78%
2000	+6.32%	N/A
1999	-4.71%	N/A

VKQ vs PCQ Drawdown Comparison

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

The maximum drawdown for PCQ was -56.28%, occurring on Dec 16, 2008. Recovery took 839 trading sessions.

The current VKQ drawdown is -8.02%. The current PCQ drawdown is -44.87%.

Rank	VKQ	PCQ
#1	-50.96% Jan 24, 2008 - Sep 4, 2009	-56.28% May 11, 2007 - Sep 9, 2010
#2	-37.26% Sep 1, 2021 - Oct 25, 2023	-54.86% Nov 12, 2021 - Oct 6, 2023
#3	-26.43% Dec 3, 2012 - Jan 5, 2016	-37.82% Dec 9, 2019 - Jul 15, 2021
#4	-25.76% Feb 25, 2020 - Nov 23, 2020	-22.43% Jan 23, 2013 - Nov 20, 2014
#5	-18.91% Sep 1, 2010 - Nov 11, 2011	-17.69% Oct 15, 2010 - Sep 29, 2011
#6	-14.85% Mar 15, 2004 - Feb 8, 2005	-17.09% Dec 11, 2017 - Jul 9, 2018
#7	-14.76% May 11, 2007 - Jan 23, 2008	-14.13% Aug 13, 2018 - Jan 28, 2019
#8	-14.41% Aug 12, 2016 - May 13, 2019	-13.13% Sep 8, 2016 - May 8, 2017
#9	-11.73% Nov 3, 1999 - Jul 11, 2000	-12.06% Jun 13, 2003 - Apr 1, 2004
#10	-11.10% Jun 17, 2003 - Jan 13, 2004	-11.35% Feb 2, 2015 - Oct 20, 2015
#11	-10.96% Oct 5, 2009 - Mar 9, 2010	-10.17% Jul 11, 2012 - Nov 28, 2012
#12	-10.27% Aug 17, 2000 - Jan 5, 2001	-9.02% Jan 30, 2012 - Apr 24, 2012
#13	-9.67% Oct 2, 2002 - Apr 24, 2003	-8.76% Apr 1, 2004 - Aug 6, 2004
#14	-9.45% Feb 15, 2005 - Sep 6, 2005	-8.05% Sep 13, 2002 - May 22, 2003
#15	-7.51% Mar 1, 2012 - May 21, 2012	-7.19% Aug 16, 2001 - Aug 6, 2002

Correlation

Correlation between VKQ and PCQ is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2000 - 2026)

VKQ vs PCQ dividend yield comparison.

Year	VKQ	PCQ
2026	3.23%	2.03%
2025	7.81%	4.95%
2024	6.43%	4.78%
2023	4.60%	4.64%
2022	5.63%	5.29%
2021	4.71%	4.20%
2020	4.65%	4.39%
2019	4.96%	4.65%
2018	5.98%	5.72%
2017	5.78%	5.35%
2016	6.44%	5.89%
2015	6.39%	5.89%
2014	6.38%	5.90%
2013	7.38%	7.10%
2012	6.64%	5.80%
2011	6.86%	6.87%
2010	7.69%	7.45%
2009	6.76%	7.46%
2008	9.27%	10.68%
2007	5.28%	5.95%
2006	4.92%	5.25%
2005	7.90%	5.83%
2004	6.38%	6.83%
2003	6.49%	6.90%
2002	6.45%	6.45%
2001	6.13%	2.53%
2000	2.75%	0.00%