DMO vs SPY
Comparison between Western Asset Mortgage Opportunity Fund Inc (DMO, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed DMO, delivering a return of +13.3% compared to +4.9%
DMO vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
DMO vs SPY - Historical Returns
Returns include dividend reinvestment.
DMO vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | DMO | SPY |
|---|---|---|
| 2026 | +3.64% | +8.26% |
| 2025 | +7.32% | +18.00% |
| 2024 | +19.98% | +25.59% |
| 2023 | +15.85% | +26.72% |
| 2022 | -21.50% | -18.64% |
| 2021 | +17.98% | +30.52% |
| 2020 | -23.14% | +17.28% |
| 2019 | +6.94% | +31.09% |
| 2018 | -1.47% | -5.24% |
| 2017 | +25.91% | +20.78% |
| 2016 | +9.92% | +13.59% |
| 2015 | +13.23% | +1.31% |
| 2014 | +18.82% | +14.56% |
| 2013 | +8.60% | +29.00% |
| 2012 | +39.56% | +14.17% |
| 2011 | -0.97% | +0.85% |
| 2010 | +13.81% | +13.14% |
| 2009 | N/A | +22.67% |
| 2008 | N/A | -36.25% |
| 2007 | N/A | +5.32% |
| 2006 | N/A | +13.85% |
| 2005 | N/A | +5.32% |
| 2004 | N/A | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
DMO vs SPY Drawdown Comparison
The maximum drawdown for DMO was -49.09%, occurring on Apr 3, 2020. Recovery took 1427 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current DMO drawdown is -3.77%. The current SPY drawdown is -2.90%.
| Rank | DMO | SPY |
|---|---|---|
| #1 | -49.09% Oct 16, 2019 - Jun 23, 2025 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -14.52% Jan 24, 2018 - Jun 17, 2019 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -14.50% Jan 30, 2013 - Feb 21, 2014 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -13.05% Mar 8, 2011 - Jan 31, 2012 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -13.04% Oct 18, 2016 - Feb 10, 2017 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -11.64% Oct 19, 2017 - Jan 5, 2018 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -8.36% Nov 11, 2025 - May 22, 2026 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -8.00% Sep 25, 2015 - Dec 28, 2015 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -7.97% Jul 17, 2017 - Aug 22, 2017 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -6.98% Jan 8, 2016 - Feb 4, 2016 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -6.52% Feb 4, 2016 - Apr 19, 2016 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -6.16% Dec 5, 2012 - Jan 11, 2013 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -5.48% May 7, 2010 - Jul 26, 2010 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -5.30% Nov 2, 2012 - Nov 28, 2012 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -5.23% Jun 23, 2015 - Jul 20, 2015 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between DMO and SPY is 0.78 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (1999 - 2026)
DMO vs SPY dividend yield comparison.
| Year | DMO | SPY |
|---|---|---|
| 2026 | 5.59% | 0.24% |
| 2025 | 14.01% | 1.07% |
| 2024 | 12.92% | 1.21% |
| 2023 | 11.46% | 1.40% |
| 2022 | 11.51% | 1.65% |
| 2021 | 8.88% | 1.20% |
| 2020 | 10.95% | 1.52% |
| 2019 | 9.63% | 1.75% |
| 2018 | 18.93% | 2.04% |
| 2017 | 13.30% | 1.80% |
| 2016 | 13.19% | 2.03% |
| 2015 | 14.09% | 2.06% |
| 2014 | 12.95% | 1.87% |
| 2013 | 15.96% | 1.81% |
| 2012 | 11.89% | 2.18% |
| 2011 | 9.79% | 2.05% |
| 2010 | 5.19% | 1.80% |
| 2009 | 0.00% | 1.95% |
| 2008 | 0.00% | 3.02% |
| 2007 | 0.00% | 1.85% |
| 2006 | 0.00% | 1.73% |
| 2005 | 0.00% | 1.73% |
| 2004 | 0.00% | 1.82% |
| 2003 | 0.00% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
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