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VTN vs MSD

Comparison between Invesco Trust For Investment Grade New York Municipals (VTN, ETF) and Morgan Stanley Emerging Markets Debt Fund Inc (MSD, ETF).

5-Year PerformanceMSD has outperformed VTN, delivering a return of +4.6% compared to +1.9%

VTN vs MSD - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
VTN
$161M
Winner
MSD
$161M
Max Drawdown
VTN
60.53%
Winner
MSD
52.80%
Sharpe Ratio
Winner
VTN
1.25
MSD
0.25
5Y Beta
Winner
VTN
0.15
MSD
0.36
5Y Dividends CAGR
VTN
8.17%
Winner
MSD
13.22%

VTN vs MSD - Historical Returns

Returns include dividend reinvestment.

1M
VTN
+1.86%
Winner
MSD
+2.33%
3M
Winner
VTN
+2.38%
MSD
+1.09%
6M
Winner
VTN
+2.50%
MSD
+1.33%
1Y
Winner
VTN
+18.13%
MSD
+6.35%
5Y(CAGR)
VTN
+1.87%
Winner
MSD
+4.59%
10Y(CAGR)
VTN
+1.47%
Winner
MSD
+5.01%
Max(CAGR)
VTN
+5.07%
Winner
MSD
+8.69%

VTN vs MSD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearVTNMSD
2026+2.74%+3.74%
2025+16.23%+6.44%
2024+6.93%+24.34%
2023+6.97%+18.74%
2022-21.06%-21.74%
2021+6.91%+3.29%
2020+0.64%+1.05%
2019+17.36%+23.62%
2018-8.08%-12.82%
2017+8.10%+16.04%
2016-3.98%+14.03%
2015+13.27%+1.27%
2014+10.33%+0.55%
2013-17.12%-13.60%
2012+16.04%+21.07%
2011+20.82%+5.25%
2010+1.78%+13.98%
2009+62.82%+47.73%
2008-32.73%-19.39%
2007-6.62%-6.06%
2006+10.89%+11.32%
2005+5.58%+24.29%
2004-6.92%+10.62%
2003+10.96%+41.28%
2002+12.30%+10.80%
2001+6.54%+19.83%
2000+16.38%+6.89%
1999-8.13%-0.43%

VTN vs MSD Drawdown Comparison

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

The maximum drawdown for MSD was -45.49%, occurring on Nov 20, 2008. Recovery took 677 trading sessions.

The current VTN drawdown is -2.85%. The current MSD drawdown is -3.65%.

RankVTNMSD
#1-49.29%
May 11, 2007 - Sep 4, 2009
-45.49%
Dec 14, 2006 - Aug 25, 2009
#2-33.61%
Jul 29, 2021 - Oct 16, 2025
-37.50%
Feb 20, 2020 - Jun 1, 2021
#3-29.17%
Feb 19, 2020 - Apr 29, 2021
-33.90%
Sep 9, 2021 - Jul 3, 2024
#4-22.31%
Mar 24, 2004 - Dec 29, 2006
-21.29%
Jan 24, 2013 - Aug 10, 2016
#5-21.67%
Jan 10, 2013 - Nov 27, 2015
-21.27%
Jan 12, 2004 - Nov 18, 2004
#6-19.89%
Jul 27, 2016 - Jan 30, 2020
-20.31%
Jun 4, 2002 - Feb 24, 2003
#7-17.68%
Nov 5, 2010 - Sep 23, 2011
-18.63%
Feb 23, 2006 - Oct 24, 2006
#8-11.39%
Feb 13, 2026 - Mar 27, 2026
-14.62%
Jan 2, 2018 - Jun 20, 2019
#9-10.21%
Nov 1, 1999 - Jul 5, 2000
-14.23%
Aug 31, 2000 - Jan 16, 2001
#10-10.02%
Oct 2, 2002 - Jan 3, 2003
-12.85%
Jun 8, 2001 - Nov 13, 2001
#11-8.50%
Oct 6, 2009 - Jan 19, 2010
-12.84%
Apr 1, 2025 - Jan 22, 2026
#12-8.28%
Feb 13, 2012 - Jul 9, 2012
-12.57%
Apr 26, 2010 - Jul 26, 2010
#13-7.61%
Jul 9, 2003 - Dec 4, 2003
-12.21%
Mar 8, 2005 - Aug 15, 2005
#14-7.20%
Feb 8, 2002 - Jun 7, 2002
-11.67%
Nov 5, 2010 - Aug 1, 2011
#15-6.70%
Sep 13, 2000 - Dec 29, 2000
-11.32%
Jan 29, 2001 - Jun 8, 2001

Correlation

Correlation between VTN and MSD is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97
-101

Dividend Comparison (1999 - 2026)

VTN vs MSD dividend yield comparison.

YearVTNMSD
20264.24%3.95%
20257.14%9.88%
20246.39%11.88%
20233.87%10.90%
20225.07%7.34%
20214.21%4.99%
20204.21%4.67%
20194.54%5.37%
20185.76%6.56%
20175.02%5.81%
20165.99%6.87%
20155.60%7.03%
20146.51%6.27%
20137.70%10.17%
20126.08%5.27%
20116.61%6.31%
20107.40%10.02%
20096.20%6.33%
20089.05%12.20%
20075.63%6.82%
20065.79%7.11%
20057.93%8.68%
20047.20%10.57%
20038.87%7.70%
20028.66%8.74%
20016.89%11.49%
20004.24%12.65%
19990.00%4.26%

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