VTN vs BSMC

Comparison between Invesco Trust For Investment Grade New York Municipals (VTN, ETF) and BRANDES U.S. SMALL-MID CAP VALUE ETF (BSMC, ETF).

VTN vs BSMC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VTN(ETF)	BSMC(ETF)
Net Assets	$159M	$159M
Expense Ratio	N/A	0.71%
Max Drawdown	60.53%	19.72%
Sharpe Ratio	1.25	1.37
5Y Beta	0.15	0.79
P/E Ratio	N/A	42.33
Forward P/E	N/A	12.18
5Y Dividends CAGR	8.31%	N/A
5Y EPS CAGR	N/A	-1.40%
Debt to Equity	N/A	64.75%
P/S Ratio	N/A	0.71
P/B Ratio	N/A	1.65

Net Assets

VTN

$159M

Winner

BSMC

$159M

Expense Ratio

VTN

N/A

BSMC

0.71%

Max Drawdown

VTN

60.53%

Winner

BSMC

19.72%

Sharpe Ratio

VTN

1.25

Winner

BSMC

1.37

5Y Beta

Winner

VTN

0.15

BSMC

0.79

P/E Ratio

VTN

N/A

BSMC

42.33

Forward P/E

VTN

N/A

BSMC

12.18

5Y Dividends CAGR

VTN

8.31%

BSMC

N/A

5Y EPS CAGR

VTN

N/A

BSMC

-1.40%

Debt to Equity

VTN

N/A

BSMC

64.75%

P/S Ratio

VTN

N/A

BSMC

0.71

P/B Ratio

VTN

N/A

BSMC

1.65

VTN vs BSMC - Historical Returns

Returns include dividend reinvestment.

Period	VTN	BSMC
1 month	-1.35%	+0.24%
3 months	-0.50%	+3.29%
6 months	-1.61%	+12.27%
1 year	+18.47%	+23.01%
5 years(CAGR)	+1.21%	N/A
10 years(CAGR)	+1.61%	N/A
Max(CAGR)	+4.95%	+18.28%

VTN

-1.35%

Winner

BSMC

+0.24%

VTN

-0.50%

Winner

BSMC

+3.29%

VTN

-1.61%

Winner

BSMC

+12.27%

VTN

+18.47%

Winner

BSMC

+23.01%

5Y(CAGR)

VTN

+1.21%

BSMC

N/A

10Y(CAGR)

VTN

+1.61%

BSMC

N/A

Max(CAGR)

VTN

+4.95%

Winner

BSMC

+18.28%

VTN vs BSMC - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VTN	BSMC
2026	-1.08%	+9.75%
2025	+16.23%	+16.18%
2024	+6.93%	+10.42%
2023	+6.97%	+11.69%
2022	-21.06%	N/A
2021	+6.91%	N/A
2020	+0.64%	N/A
2019	+17.36%	N/A
2018	-8.08%	N/A
2017	+8.10%	N/A
2016	-3.98%	N/A
2015	+13.27%	N/A
2014	+10.33%	N/A
2013	-17.12%	N/A
2012	+16.04%	N/A
2011	+20.82%	N/A
2010	+1.78%	N/A
2009	+62.82%	N/A
2008	-32.73%	N/A
2007	-6.62%	N/A
2006	+10.89%	N/A
2005	+5.58%	N/A
2004	-6.92%	N/A
2003	+10.96%	N/A
2002	+12.30%	N/A
2001	+6.54%	N/A
2000	+16.38%	N/A
1999	-8.13%	N/A

VTN vs BSMC Drawdown Comparison

The maximum drawdown for VTN was -49.29%, occurring on Dec 15, 2008. Recovery took 585 trading sessions.

The maximum drawdown for BSMC was -19.14%, occurring on Apr 8, 2025. Recovery took 147 trading sessions.

The current VTN drawdown is -6.47%. The current BSMC drawdown is -1.12%.

Rank	VTN	BSMC
#1	-49.29% May 11, 2007 - Sep 4, 2009	-19.14% Nov 25, 2024 - Jul 1, 2025
#2	-33.61% Jul 29, 2021 - Oct 16, 2025	-9.02% Mar 2, 2026 - May 6, 2026
#3	-29.17% Feb 19, 2020 - Apr 29, 2021	-6.64% Jul 31, 2024 - Aug 29, 2024
#4	-22.31% Mar 24, 2004 - Dec 29, 2006	-5.98% Mar 28, 2024 - May 16, 2024
#5	-21.67% Jan 10, 2013 - Nov 27, 2015	-5.35% Oct 17, 2023 - Nov 14, 2023
#6	-19.89% Jul 27, 2016 - Jan 30, 2020	-4.99% Jul 10, 2025 - Aug 13, 2025
#7	-17.68% Nov 5, 2010 - Sep 23, 2011	-4.88% May 6, 2026 - May 15, 2026
#8	-11.39% Feb 13, 2026 - Mar 27, 2026	-4.66% Oct 24, 2025 - Nov 25, 2025
#9	-10.21% Nov 1, 1999 - Jul 5, 2000	-4.58% May 17, 2024 - Jul 16, 2024
#10	-10.02% Oct 2, 2002 - Jan 3, 2003	-4.16% Oct 3, 2025 - Oct 23, 2025
#11	-8.50% Oct 6, 2009 - Jan 19, 2010	-3.79% Nov 11, 2024 - Nov 25, 2024
#12	-8.28% Feb 13, 2012 - Jul 9, 2012	-3.68% Aug 30, 2024 - Sep 17, 2024
#13	-7.61% Jul 9, 2003 - Dec 4, 2003	-3.35% Dec 26, 2023 - Feb 15, 2024
#14	-7.20% Feb 8, 2002 - Jun 7, 2002	-3.26% Sep 30, 2024 - Nov 6, 2024
#15	-6.70% Sep 13, 2000 - Dec 29, 2000	-2.95% Sep 5, 2025 - Oct 3, 2025

Correlation

Correlation between VTN and BSMC is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2000 - 2026)

VTN vs BSMC dividend yield comparison.

Year	VTN	BSMC
2026	3.11%	0.20%
2025	7.14%	1.17%
2024	6.39%	1.02%
2023	3.87%	0.15%
2022	5.07%	0.00%
2021	4.21%	0.00%
2020	4.21%	0.00%
2019	4.54%	0.00%
2018	5.76%	0.00%
2017	5.02%	0.00%
2016	5.99%	0.00%
2015	5.60%	0.00%
2014	6.51%	0.00%
2013	7.70%	0.00%
2012	6.08%	0.00%
2011	6.61%	0.00%
2010	7.40%	0.00%
2009	6.20%	0.00%
2008	9.05%	0.00%
2007	5.63%	0.00%
2006	5.79%	0.00%
2005	7.93%	0.00%
2004	7.20%	0.00%
2003	8.87%	0.00%
2002	8.66%	0.00%
2001	6.89%	0.00%
2000	4.24%	0.00%