VPV vs IGBH

Comparison between Invesco Pennsylvania Value Municipal Income Trust (VPV, ETF) and ISHARES INTEREST RATE HEDGED LONG-TERM CORPORATE BOND ETF (IGBH, ETF).

5-Year PerformanceIGBH has outperformed VPV, delivering a return of +5.3% compared to +1.8%

VPV vs IGBH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VPV(ETF)	IGBH(ETF)
Net Assets	$195M	$195M
Expense Ratio	N/A	0.14%
Max Drawdown	57.33%	38.89%
Sharpe Ratio	1.32	0.69
5Y Beta	0.16	0.23
5Y Dividends CAGR	5.99%	21.62%

Net Assets

VPV

$195M

Winner

IGBH

$195M

Expense Ratio

VPV

N/A

IGBH

0.14%

Max Drawdown

VPV

57.33%

Winner

IGBH

38.89%

Sharpe Ratio

Winner

VPV

1.32

IGBH

0.69

5Y Beta

Winner

VPV

0.16

IGBH

0.23

5Y Dividends CAGR

VPV

5.99%

Winner

IGBH

21.62%

VPV vs IGBH - Historical Returns

Returns include dividend reinvestment.

Period	VPV	IGBH
1 month	-1.84%	-0.89%
3 months	+4.99%	+1.16%
6 months	+6.14%	+0.27%
1 year	+18.29%	+6.56%
5 years(CAGR)	+1.77%	+5.30%
10 years(CAGR)	+2.91%	+4.77%
Max(CAGR)	+5.45%	+4.59%

VPV

-1.84%

Winner

IGBH

-0.89%

Winner

VPV

+4.99%

IGBH

+1.16%

Winner

VPV

+6.14%

IGBH

+0.27%

Winner

VPV

+18.29%

IGBH

+6.56%

5Y(CAGR)

VPV

+1.77%

Winner

IGBH

+5.30%

10Y(CAGR)

VPV

+2.91%

Winner

IGBH

+4.77%

Max(CAGR)

Winner

VPV

+5.45%

IGBH

+4.59%

VPV vs IGBH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VPV	IGBH
2026	+8.64%	+1.47%
2025	+8.79%	+8.11%
2024	+9.04%	+7.57%
2023	+5.12%	+12.32%
2022	-25.87%	-3.22%
2021	+14.20%	+3.04%
2020	+1.31%	+1.46%
2019	+17.66%	+9.69%
2018	+1.56%	-4.22%
2017	+4.53%	+9.75%
2016	-0.01%	+7.57%
2015	-1.05%	-0.51%
2014	+21.34%	N/A
2013	-17.17%	N/A
2012	+14.44%	N/A
2011	+19.54%	N/A
2010	+5.70%	N/A
2009	+52.27%	N/A
2008	-31.63%	N/A
2007	-3.46%	N/A
2006	+8.68%	N/A
2005	-10.57%	N/A
2004	+5.78%	N/A
2003	+10.48%	N/A
2002	+13.64%	N/A
2001	+17.81%	N/A
2000	+10.61%	N/A
1999	-4.50%	N/A

VPV vs IGBH Drawdown Comparison

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

The maximum drawdown for IGBH was -33.67%, occurring on Mar 20, 2020. Recovery took 233 trading sessions.

The current VPV drawdown is -4.09%. The current IGBH drawdown is -1.09%.

Rank	VPV	IGBH
#1	-45.08% Mar 14, 2007 - Sep 21, 2009	-33.67% Jan 17, 2020 - Dec 18, 2020
#2	-33.06% Dec 31, 2021 - Feb 12, 2026	-10.49% Sep 27, 2021 - Jun 16, 2023
#3	-29.89% Nov 29, 2019 - Feb 8, 2021	-8.51% Jan 23, 2018 - Dec 18, 2019
#4	-26.93% Nov 30, 2012 - Apr 5, 2016	-8.12% Oct 22, 2015 - Apr 22, 2016
#5	-19.07% Oct 29, 2010 - Sep 14, 2011	-6.93% Feb 14, 2025 - Jul 1, 2025
#6	-17.99% Mar 10, 2004 - Dec 28, 2004	-4.24% Jan 22, 2026 - May 14, 2026
#7	-15.98% Jul 1, 2016 - Apr 10, 2019	-3.03% May 31, 2024 - Sep 18, 2024
#8	-14.21% Dec 28, 2004 - Feb 8, 2007	-2.87% Apr 29, 2016 - Jul 26, 2016
#9	-12.13% Jun 17, 2003 - Jan 9, 2004	-2.87% Feb 17, 2021 - Mar 31, 2021
#10	-8.77% Aug 8, 2000 - Jan 3, 2001	-2.59% Sep 18, 2015 - Oct 22, 2015
#11	-7.88% Feb 4, 2000 - Jul 3, 2000	-2.36% Apr 6, 2021 - Sep 24, 2021
#12	-7.68% Mar 9, 2012 - May 3, 2012	-2.04% Jul 6, 2017 - Sep 29, 2017
#13	-7.67% Aug 16, 2002 - May 2, 2003	-1.93% Oct 20, 2016 - Dec 6, 2016
#14	-7.65% Oct 8, 2009 - Jan 7, 2010	-1.76% Dec 31, 2019 - Jan 17, 2020
#15	-7.30% Jul 30, 2012 - Sep 25, 2012	-1.56% Dec 29, 2020 - Jan 13, 2021

Correlation

Correlation between VPV and IGBH is 0.70 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.70

-101

Dividend Comparison (2000 - 2026)

VPV vs IGBH dividend yield comparison.

Year	VPV	IGBH
2026	4.28%	2.60%
2025	7.65%	6.23%
2024	6.07%	6.88%
2023	3.81%	7.32%
2022	5.48%	3.84%
2021	4.29%	2.71%
2020	4.61%	2.39%
2019	4.85%	3.40%
2018	5.94%	5.56%
2017	5.15%	2.87%
2016	6.00%	2.62%
2015	6.09%	1.12%
2014	6.48%	0.00%
2013	7.41%	0.00%
2012	5.88%	0.00%
2011	6.33%	0.00%
2010	7.11%	0.00%
2009	6.38%	0.00%
2008	8.99%	0.00%
2007	5.51%	0.00%
2006	5.47%	0.00%
2005	6.54%	0.00%
2004	6.62%	0.00%
2003	7.02%	0.00%
2002	6.50%	0.00%
2001	5.65%	0.00%
2000	1.97%	0.00%