Performance analysis of IROC (INVESCO ROCHESTER HIGH YIELD MUNICIPAL ETF)
Annual Return
Over the past 3 years, IROC has had an average annual return of +5.37%, underperforming the benchmark SPY, which returned +22.77% annual.
Since Dec 9, 2022, IROC has had an average annual return of +4.81%, underperforming the benchmark SPY, which returned +22.45% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +2.86% | +4.12% | +4.69% | +5.97% | -0.88% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.54% | +1.86% | -1.71% | +1.03% | +1.04% | +0.10% | +2.86% | ||||||
| 2025 | +0.55% | +1.12% | -0.97% | -0.77% | -0.08% | +0.71% | -1.10% | +0.89% | +2.40% | +0.79% | +0.43% | +0.12% | +4.12% |
| 2024 | +0.67% | +0.53% | +0.56% | -0.57% | +0.26% | +1.03% | +0.96% | +0.41% | +0.75% | -0.42% | +0.95% | -0.52% | +4.69% |
| 2023 | +2.51% | -2.11% | +1.37% | +0.35% | -0.32% | +0.97% | +0.27% | -0.72% | -2.14% | -1.59% | +4.91% | +2.56% | +5.97% |
| 2022 | -0.88% | -0.88% |
Drawdown analysis of IROC (INVESCO ROCHESTER HIGH YIELD MUNICIPAL ETF)
The maximum drawdown for the IROC was -4.78%, occurring on Oct 25, 2023. Recovery took 24 trading sessions.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.78% | Jul 26, 2023 | 64 | Oct 25, 2023 | 24 | Nov 29, 2023 | 88 |
| -3.52% | Mar 3, 2025 | 29 | Apr 11, 2025 | 101 | Sep 8, 2025 | 130 |
| -2.92% | Feb 2, 2023 | 19 | Mar 2, 2023 | 91 | Jul 13, 2023 | 110 |
| -2.65% | Feb 25, 2026 | 19 | Mar 24, 2026 | 46 | May 29, 2026 | 65 |
| -1.47% | Oct 2, 2024 | 25 | Nov 6, 2024 | 16 | Nov 29, 2024 | 41 |
| -1.30% | Dec 6, 2024 | 24 | Jan 14, 2025 | 14 | Feb 4, 2025 | 38 |
| -1.04% | May 15, 2024 | 9 | May 29, 2024 | 10 | Jun 12, 2024 | 19 |
| -1.02% | Mar 22, 2024 | 12 | Apr 10, 2024 | 19 | May 7, 2024 | 31 |
| -1.00% | Jan 12, 2024 | 7 | Jan 24, 2024 | 5 | Jan 31, 2024 | 12 |
| -0.95% | Dec 13, 2022 | 12 | Dec 30, 2022 | 5 | Jan 9, 2023 | 17 |
| -0.83% | Feb 1, 2024 | 8 | Feb 13, 2024 | 10 | Feb 28, 2024 | 18 |
| -0.71% | Aug 2, 2024 | 4 | Aug 8, 2024 | 18 | Sep 4, 2024 | 22 |
| -0.56% | Jun 14, 2024 | 10 | Jul 1, 2024 | 3 | Jul 5, 2024 | 13 |
| -0.52% | Nov 24, 2025 | 8 | Dec 5, 2025 | 18 | Jan 2, 2026 | 26 |
| -0.47% | Feb 6, 2025 | 4 | Feb 12, 2025 | 5 | Feb 20, 2025 | 9 |
| -0.39% | Sep 27, 2024 | 1 | Sep 30, 2024 | 1 | Oct 1, 2024 | 2 |
| -0.33% | Jan 14, 2026 | 3 | Jan 20, 2026 | 8 | Jan 30, 2026 | 11 |
| -0.32% | Nov 11, 2025 | 3 | Nov 14, 2025 | 6 | Nov 24, 2025 | 9 |
| -0.26% | Sep 23, 2025 | 2 | Sep 25, 2025 | 11 | Oct 10, 2025 | 13 |
| -0.25% | Oct 30, 2025 | 2 | Nov 3, 2025 | 6 | Nov 11, 2025 | 8 |
| -0.22% | Feb 10, 2026 | 1 | Feb 11, 2026 | 2 | Feb 13, 2026 | 3 |
| -0.20% | Feb 17, 2026 | 2 | Feb 19, 2026 | 3 | Feb 24, 2026 | 5 |
| -0.19% | Dec 27, 2023 | 1 | Dec 28, 2023 | 6 | Jan 8, 2024 | 7 |
| -0.18% | Mar 13, 2024 | 2 | Mar 15, 2024 | 3 | Mar 20, 2024 | 5 |
| -0.18% | Jul 16, 2024 | 6 | Jul 24, 2024 | 2 | Jul 26, 2024 | 8 |