CTEF vs VMO

Comparison between CASTELLAN TARGETED EQUITY ETF (CTEF, ETF) and Invesco Municipal Opportunity Trust (VMO, ETF).

CTEF vs VMO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CTEF(ETF)	VMO(ETF)
Net Assets	$679M	$681M
Expense Ratio	0.45%	N/A
Max Drawdown	15.00%	59.97%
Sharpe Ratio	2.17	1.43
5Y Beta	1.48	0.19
P/E Ratio	19.06	N/A
Forward P/E	14.29	N/A
PEG Ratio	0.15	N/A
5Y Dividends CAGR	N/A	3.49%
5Y EPS CAGR	60.94%	N/A
Debt to Equity	89.68%	N/A
P/S Ratio	2.03	N/A
P/B Ratio	5.88	N/A

Net Assets

CTEF

$679M

Winner

VMO

$681M

Expense Ratio

CTEF

0.45%

VMO

N/A

Max Drawdown

Winner

CTEF

15.00%

VMO

59.97%

Sharpe Ratio

Winner

CTEF

2.17

VMO

1.43

5Y Beta

CTEF

1.48

Winner

VMO

0.19

P/E Ratio

CTEF

19.06

VMO

N/A

Forward P/E

CTEF

14.29

VMO

N/A

PEG Ratio

CTEF

0.15

VMO

N/A

5Y Dividends CAGR

CTEF

N/A

VMO

3.49%

5Y EPS CAGR

CTEF

60.94%

VMO

N/A

Debt to Equity

CTEF

89.68%

VMO

N/A

P/S Ratio

CTEF

2.03

VMO

N/A

P/B Ratio

CTEF

5.88

VMO

N/A

CTEF vs VMO - Historical Returns

Returns include dividend reinvestment.

Period	CTEF	VMO
1 month	-3.41%	-0.09%
3 months	+16.93%	+2.04%
6 months	+29.50%	+4.44%
1 year	+68.15%	+18.12%
5 years(CAGR)	N/A	-0.28%
10 years(CAGR)	N/A	+1.71%
Max(CAGR)	+72.04%	+5.30%

CTEF

-3.41%

Winner

VMO

-0.09%

Winner

CTEF

+16.93%

VMO

+2.04%

Winner

CTEF

+29.50%

VMO

+4.44%

Winner

CTEF

+68.15%

VMO

+18.12%

5Y(CAGR)

CTEF

N/A

VMO

-0.28%

10Y(CAGR)

CTEF

N/A

VMO

+1.71%

Max(CAGR)

Winner

CTEF

+72.04%

VMO

+5.30%

CTEF vs VMO - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CTEF	VMO
2026	+32.81%	+6.09%
2025	+33.22%	+5.81%
2024	N/A	+7.97%
2023	N/A	+2.47%
2022	N/A	-24.59%
2021	N/A	+12.34%
2020	N/A	+8.49%
2019	N/A	+13.99%
2018	N/A	-4.38%
2017	N/A	+2.74%
2016	N/A	+2.27%
2015	N/A	+9.28%
2014	N/A	+16.12%
2013	N/A	-15.83%
2012	N/A	+7.92%
2011	N/A	+21.08%
2010	N/A	+4.57%
2009	N/A	+45.00%
2008	N/A	-28.05%
2007	N/A	-3.14%
2006	N/A	+12.22%
2005	N/A	+7.50%
2004	N/A	-5.69%
2003	N/A	+13.75%
2002	N/A	+13.87%
2001	N/A	+13.09%
2000	N/A	+13.93%
1999	N/A	-4.09%

CTEF vs VMO Drawdown Comparison

The maximum drawdown for CTEF was -15.00%, occurring on Mar 30, 2026. Recovery took 33 trading sessions.

The maximum drawdown for VMO was -50.02%, occurring on Dec 16, 2008. Recovery took 599 trading sessions.

The current CTEF drawdown is -4.08%. The current VMO drawdown is -6.53%.

Rank	CTEF	VMO
#1	-15.00% Feb 25, 2026 - Apr 14, 2026	-50.02% Apr 23, 2007 - Sep 4, 2009
#2	-6.99% Nov 10, 2025 - Dec 10, 2025	-37.68% Jan 3, 2022 - Oct 25, 2023
#3	-6.05% Jun 30, 2026 - Jul 17, 2026	-26.16% Oct 8, 2012 - Dec 10, 2015
#4	-5.33% Oct 1, 2025 - Oct 24, 2025	-25.48% Feb 20, 2020 - Aug 17, 2020
#5	-4.97% May 14, 2026 - May 26, 2026	-19.84% Dec 3, 2010 - Nov 15, 2011
#6	-4.01% Dec 11, 2025 - Dec 22, 2025	-19.20% Mar 8, 2004 - Mar 24, 2006
#7	-3.39% Jan 29, 2026 - Feb 6, 2026	-17.50% Jul 8, 2016 - Jul 31, 2019
#8	-3.30% Jun 2, 2026 - Jun 11, 2026	-11.93% Nov 5, 2010 - Dec 3, 2010
#9	-2.51% Jun 22, 2026 - Jun 30, 2026	-11.09% Jun 13, 2003 - Jan 6, 2004
#10	-2.49% Dec 24, 2025 - Jan 5, 2026	-10.05% Oct 6, 2009 - Mar 5, 2010
#11	-2.27% Sep 22, 2025 - Sep 30, 2025	-9.94% Feb 1, 2012 - Jul 5, 2012
#12	-2.23% Apr 20, 2026 - May 1, 2026	-9.79% Nov 5, 1999 - Jul 26, 2000
#13	-2.05% Oct 27, 2025 - Nov 10, 2025	-9.37% Oct 3, 2002 - Feb 21, 2003
#14	-2.04% Jan 6, 2026 - Jan 21, 2026	-8.51% Apr 28, 2006 - Dec 4, 2006
#15	-1.85% Aug 28, 2025 - Sep 4, 2025	-7.13% Feb 15, 2002 - Jun 4, 2002

Correlation

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

0.93

-101

Dividend Comparison (2000 - 2026)

CTEF vs VMO dividend yield comparison.

Year	CTEF	VMO
2026	0.00%	4.50%
2025	0.08%	7.84%
2024	0.00%	6.44%
2023	0.00%	4.47%
2022	0.00%	5.69%
2021	0.00%	4.64%
2020	0.00%	4.66%
2019	0.00%	4.94%
2018	0.00%	5.95%
2017	0.00%	5.98%
2016	0.00%	6.73%
2015	0.00%	6.33%
2014	0.00%	6.12%
2013	0.00%	7.43%
2012	0.00%	7.03%
2011	0.00%	7.13%
2010	0.00%	7.91%
2009	0.00%	6.78%
2008	0.00%	8.60%
2007	0.00%	5.55%
2006	0.00%	5.17%
2005	0.00%	8.69%
2004	0.00%	7.20%
2003	0.00%	8.66%
2002	0.00%	9.81%
2001	0.00%	7.59%
2000	0.00%	2.56%