VSLU vs VCV

Comparison between APPLIED FINANCE VALUATION LARGE CAP ETF (VSLU, ETF) and Invesco California Value Municipal Income Trust (VCV, ETF).

5-Year PerformanceVSLU has outperformed VCV, delivering a return of +13.8% compared to +0.6%

VSLU vs VCV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VSLU(ETF)	VCV(ETF)
Net Assets	$496M	$495M
Expense Ratio	0.49%	N/A
Max Drawdown	23.86%	63.94%
Sharpe Ratio	1.43	0.75
5Y Beta	0.90	0.12
P/E Ratio	25.62	N/A
Forward P/E	20.05	N/A
5Y Dividends CAGR	N/A	6.81%
5Y EPS CAGR	26.73%	N/A
Debt to Equity	27.68%	N/A
P/S Ratio	2.93	N/A
P/B Ratio	6.54	N/A

Net Assets

Winner

VSLU

$496M

VCV

$495M

Expense Ratio

VSLU

0.49%

VCV

N/A

Max Drawdown

Winner

VSLU

23.86%

VCV

63.94%

Sharpe Ratio

Winner

VSLU

1.43

VCV

0.75

5Y Beta

VSLU

0.90

Winner

VCV

0.12

P/E Ratio

VSLU

25.62

VCV

N/A

Forward P/E

VSLU

20.05

VCV

N/A

5Y Dividends CAGR

VSLU

N/A

VCV

6.81%

5Y EPS CAGR

VSLU

26.73%

VCV

N/A

Debt to Equity

VSLU

27.68%

VCV

N/A

P/S Ratio

VSLU

2.93

VCV

N/A

P/B Ratio

VSLU

6.54

VCV

N/A

VSLU vs VCV - Historical Returns

Returns include dividend reinvestment.

Period	VSLU	VCV
1 month	+2.18%	+1.46%
3 months	+5.14%	-1.77%
6 months	+5.31%	+2.84%
1 year	+23.59%	+11.72%
5 years(CAGR)	+13.76%	+0.58%
10 years(CAGR)	N/A	+2.46%
Max(CAGR)	+13.56%	+5.14%

Winner

VSLU

+2.18%

VCV

+1.46%

Winner

VSLU

+5.14%

VCV

-1.77%

Winner

VSLU

+5.31%

VCV

+2.84%

Winner

VSLU

+23.59%

VCV

+11.72%

5Y(CAGR)

Winner

VSLU

+13.76%

VCV

+0.58%

10Y(CAGR)

VSLU

N/A

VCV

+2.46%

Max(CAGR)

Winner

VSLU

+13.56%

VCV

+5.14%

VSLU vs VCV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VSLU	VCV
2026	+5.81%	-1.62%
2025	+21.62%	+7.58%
2024	+24.63%	+18.51%
2023	+26.90%	+6.44%
2022	-16.22%	-28.13%
2021	+14.04%	+10.23%
2020	N/A	+7.95%
2019	N/A	+16.48%
2018	N/A	-5.26%
2017	N/A	+8.65%
2016	N/A	-3.54%
2015	N/A	+8.92%
2014	N/A	+20.40%
2013	N/A	-12.87%
2012	N/A	+12.78%
2011	N/A	+23.63%
2010	N/A	+1.94%
2009	N/A	+55.43%
2008	N/A	-45.40%
2007	N/A	+1.50%
2006	N/A	+11.44%
2005	N/A	+7.67%
2004	N/A	-6.37%
2003	N/A	+14.77%
2002	N/A	+10.83%
2001	N/A	+8.40%
2000	N/A	+10.38%
1999	N/A	-0.87%

VSLU vs VCV Drawdown Comparison

The maximum drawdown for VSLU was -23.86%, occurring on Sep 30, 2022. Recovery took 396 trading sessions.

The maximum drawdown for VCV was -58.93%, occurring on Dec 15, 2008. Recovery took 829 trading sessions.

The current VSLU drawdown is -2.25%. The current VCV drawdown is -4.03%.

Rank	VSLU	VCV
#1	-23.86% Dec 29, 2021 - Jul 28, 2023	-58.93% May 11, 2007 - Aug 25, 2010
#2	-17.89% Feb 18, 2025 - Jun 10, 2025	-38.54% Nov 12, 2021 - Feb 27, 2026
#3	-9.18% Aug 1, 2023 - Nov 20, 2023	-31.73% Feb 21, 2020 - Dec 18, 2020
#4	-9.16% Feb 25, 2026 - Apr 15, 2026	-21.75% Aug 17, 2012 - Dec 2, 2014
#5	-7.15% Jul 16, 2024 - Aug 21, 2024	-18.38% Sep 8, 2010 - Oct 31, 2011
#6	-6.09% Aug 30, 2021 - Nov 3, 2021	-18.02% Jul 8, 2016 - Jun 20, 2019
#7	-5.39% Apr 1, 2024 - May 15, 2024	-17.84% Mar 17, 2004 - Jul 29, 2005
#8	-4.72% Nov 5, 2025 - Dec 11, 2025	-10.15% Mar 2, 2012 - May 4, 2012
#9	-4.08% Nov 16, 2021 - Dec 8, 2021	-8.93% Nov 8, 1999 - Apr 6, 2000
#10	-4.07% Aug 30, 2024 - Sep 19, 2024	-8.45% Sep 3, 2019 - Feb 6, 2020
#11	-3.94% May 7, 2021 - Jun 10, 2021	-8.29% Feb 27, 2026 - Apr 6, 2026
#12	-3.71% Dec 16, 2024 - Jan 23, 2025	-8.25% Feb 2, 2015 - Oct 30, 2015
#13	-3.29% Dec 24, 2025 - Feb 25, 2026	-8.00% Apr 11, 2000 - Jun 20, 2000
#14	-2.69% Oct 14, 2024 - Nov 6, 2024	-7.94% Sep 15, 2021 - Nov 8, 2021
#15	-2.64% Oct 8, 2025 - Oct 21, 2025	-7.93% Feb 15, 2001 - Jul 24, 2001

Correlation

Correlation between VSLU and VCV is 0.59 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.59

-101

Dividend Comparison (2000 - 2026)

VSLU vs VCV dividend yield comparison.

Year	VSLU	VCV
2026	0.00%	3.03%
2025	0.46%	6.96%
2024	0.60%	5.76%
2023	0.60%	4.16%
2022	0.99%	5.46%
2021	0.57%	4.09%
2020	0.00%	4.07%
2019	0.00%	4.43%
2018	0.00%	5.46%
2017	0.00%	5.10%
2016	0.00%	5.86%
2015	0.00%	5.98%
2014	0.00%	6.16%
2013	0.00%	6.95%
2012	0.00%	6.42%
2011	0.00%	7.09%
2010	0.00%	8.09%
2009	0.00%	7.46%
2008	0.00%	11.06%
2007	0.00%	5.32%
2006	0.00%	5.55%
2005	0.00%	7.45%
2004	0.00%	7.40%
2003	0.00%	8.70%
2002	0.00%	6.74%
2001	0.00%	5.92%
2000	0.00%	2.37%