VPV vs FLC

Comparison between Invesco Pennsylvania Value Municipal Income Trust (VPV, ETF) and Flaherty & Crumrine Total Return Fund Inc (FLC, ETF).

5-Year PerformanceVPV has outperformed FLC, delivering a return of +1.8% compared to +0.3%

VPV vs FLC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VPV(ETF)	FLC(ETF)
Net Assets	$195M	$195M
Max Drawdown	57.33%	83.05%
Sharpe Ratio	1.32	0.40
5Y Beta	0.16	0.34
5Y Dividends CAGR	5.99%	-3.01%

Net Assets

VPV

$195M

Winner

FLC

$195M

Max Drawdown

Winner

VPV

57.33%

FLC

83.05%

Sharpe Ratio

Winner

VPV

1.32

FLC

0.40

5Y Beta

Winner

VPV

0.16

FLC

0.34

5Y Dividends CAGR

Winner

VPV

5.99%

FLC

-3.01%

VPV vs FLC - Historical Returns

Returns include dividend reinvestment.

Period	VPV	FLC
1 month	-1.84%	+2.26%
3 months	+4.99%	+0.10%
6 months	+6.14%	-0.12%
1 year	+18.29%	+6.75%
5 years(CAGR)	+1.77%	+0.25%
10 years(CAGR)	+2.91%	+4.63%
Max(CAGR)	+5.45%	+6.79%

VPV

-1.84%

Winner

FLC

+2.26%

Winner

VPV

+4.99%

FLC

+0.10%

Winner

VPV

+6.14%

FLC

-0.12%

Winner

VPV

+18.29%

FLC

+6.75%

5Y(CAGR)

Winner

VPV

+1.77%

FLC

+0.25%

10Y(CAGR)

VPV

+2.91%

Winner

FLC

+4.63%

Max(CAGR)

VPV

+5.45%

Winner

FLC

+6.79%

VPV vs FLC - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VPV	FLC
2026	+8.64%	+0.22%
2025	+8.79%	+11.76%
2024	+9.04%	+22.19%
2023	+5.12%	-1.94%
2022	-25.87%	-25.34%
2021	+14.20%	+4.44%
2020	+1.31%	+13.45%
2019	+17.66%	+37.30%
2018	+1.56%	-13.29%
2017	+4.53%	+16.24%
2016	-0.01%	+11.03%
2015	-1.05%	+3.84%
2014	+21.34%	+14.49%
2013	-17.17%	-1.28%
2012	+14.44%	+18.17%
2011	+19.54%	+18.59%
2010	+5.70%	+29.30%
2009	+52.27%	+92.93%
2008	-31.63%	-45.87%
2007	-3.46%	-15.44%
2006	+8.68%	+19.12%
2005	-10.57%	-15.77%
2004	+5.78%	+5.81%
2003	+10.48%	+4.93%
2002	+13.64%	N/A
2001	+17.81%	N/A
2000	+10.61%	N/A
1999	-4.50%	N/A

VPV vs FLC Drawdown Comparison

The maximum drawdown for VPV was -45.08%, occurring on Dec 12, 2008. Recovery took 636 trading sessions.

The maximum drawdown for FLC was -76.84%, occurring on Oct 10, 2008. Recovery took 739 trading sessions.

The current VPV drawdown is -4.09%. The current FLC drawdown is -3.02%.

Rank	VPV	FLC
#1	-45.08% Mar 14, 2007 - Sep 21, 2009	-76.84% Mar 23, 2007 - Mar 1, 2010
#2	-33.06% Dec 31, 2021 - Feb 12, 2026	-55.27% Feb 10, 2020 - Nov 10, 2020
#3	-29.89% Nov 29, 2019 - Feb 8, 2021	-40.11% Oct 22, 2021 - Feb 11, 2026
#4	-26.93% Nov 30, 2012 - Apr 5, 2016	-19.34% May 18, 2011 - Dec 21, 2011
#5	-19.07% Oct 29, 2010 - Sep 14, 2011	-18.80% Feb 4, 2005 - Nov 24, 2006
#6	-17.99% Mar 10, 2004 - Dec 28, 2004	-18.66% Jul 14, 2017 - May 3, 2019
#7	-15.98% Jul 1, 2016 - Apr 10, 2019	-17.62% May 7, 2013 - Apr 11, 2014
#8	-14.21% Dec 28, 2004 - Feb 8, 2007	-17.20% Mar 15, 2004 - Feb 4, 2005
#9	-12.13% Jun 17, 2003 - Jan 9, 2004	-16.37% Jul 8, 2016 - Apr 24, 2017
#10	-8.77% Aug 8, 2000 - Jan 3, 2001	-13.55% May 3, 2010 - Jun 14, 2010
#11	-7.88% Feb 4, 2000 - Jul 3, 2000	-11.81% Jan 29, 2015 - Jan 29, 2016
#12	-7.68% Mar 9, 2012 - May 3, 2012	-11.09% Oct 16, 2012 - Jan 10, 2013
#13	-7.67% Aug 16, 2002 - May 2, 2003	-11.08% Oct 13, 2010 - Feb 14, 2011
#14	-7.65% Oct 8, 2009 - Jan 7, 2010	-8.96% Dec 22, 2020 - Mar 30, 2021
#15	-7.30% Jul 30, 2012 - Sep 25, 2012	-8.34% Feb 11, 2026 - Mar 27, 2026

Correlation

Correlation between VPV and FLC is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2000 - 2026)

VPV vs FLC dividend yield comparison.

Year	VPV	FLC
2026	4.28%	3.68%
2025	7.65%	6.81%
2024	6.07%	6.62%
2023	3.81%	7.38%
2022	5.48%	8.95%
2021	4.29%	6.86%
2020	4.61%	6.27%
2019	4.85%	6.31%
2018	5.94%	8.34%
2017	5.15%	7.22%
2016	6.00%	8.20%
2015	6.09%	8.51%
2014	6.48%	8.25%
2013	7.41%	9.28%
2012	5.88%	8.72%
2011	6.33%	9.08%
2010	7.11%	8.93%
2009	6.38%	9.13%
2008	8.99%	19.19%
2007	5.51%	9.08%
2006	5.47%	7.24%
2005	6.54%	9.45%
2004	6.62%	7.86%
2003	7.02%	1.41%
2002	6.50%	0.00%
2001	5.65%	0.00%
2000	1.97%	0.00%