GMOI vs VGM

Comparison between GMO INTERNATIONAL VALUE ETF (GMOI, ETF) and Invesco Trust for Investment Grade Municipals (VGM, ETF).

GMOI vs VGM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GMOI(ETF)	VGM(ETF)
Net Assets	$548M	$548M
Expense Ratio	0.60%	N/A
Max Drawdown	14.67%	56.97%
Sharpe Ratio	2.28	1.07
5Y Beta	0.60	0.22
5Y Dividends CAGR	N/A	5.25%

Net Assets

GMOI

$548M

Winner

VGM

$548M

Expense Ratio

GMOI

0.60%

VGM

N/A

Max Drawdown

Winner

GMOI

14.67%

VGM

56.97%

Sharpe Ratio

Winner

GMOI

2.28

VGM

1.07

5Y Beta

GMOI

0.60

Winner

VGM

0.22

5Y Dividends CAGR

GMOI

N/A

VGM

5.25%

GMOI vs VGM - Historical Returns

Returns include dividend reinvestment.

Period	GMOI	VGM
1 month	+6.10%	+1.91%
3 months	+9.46%	+3.90%
6 months	+10.86%	+1.14%
1 year	+38.07%	+15.56%
5 years(CAGR)	N/A	-0.34%
10 years(CAGR)	N/A	+2.36%
Max(CAGR)	+35.05%	+5.33%

Winner

GMOI

+6.10%

VGM

+1.91%

Winner

GMOI

+9.46%

VGM

+3.90%

Winner

GMOI

+10.86%

VGM

+1.14%

Winner

GMOI

+38.07%

VGM

+15.56%

5Y(CAGR)

GMOI

N/A

VGM

-0.34%

10Y(CAGR)

GMOI

N/A

VGM

+2.36%

Max(CAGR)

Winner

GMOI

+35.05%

VGM

+5.33%

GMOI vs VGM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GMOI	VGM
2026	+22.81%	+3.47%
2025	+46.15%	+10.26%
2024	-4.57%	+9.33%
2023	N/A	+4.12%
2022	N/A	-24.02%
2021	N/A	+11.38%
2020	N/A	+7.57%
2019	N/A	+15.89%
2018	N/A	-7.78%
2017	N/A	+9.59%
2016	N/A	+0.84%
2015	N/A	+6.74%
2014	N/A	+16.53%
2013	N/A	-16.11%
2012	N/A	+9.31%
2011	N/A	+21.70%
2010	N/A	+3.53%
2009	N/A	+55.64%
2008	N/A	-32.30%
2007	N/A	-6.33%
2006	N/A	+11.93%
2005	N/A	+4.42%
2004	N/A	+1.63%
2003	N/A	+7.57%
2002	N/A	+16.03%
2001	N/A	+8.58%
2000	N/A	+10.93%
1999	N/A	-6.34%

GMOI vs VGM Drawdown Comparison

The maximum drawdown for GMOI was -14.67%, occurring on Apr 8, 2025. Recovery took 37 trading sessions.

The maximum drawdown for VGM was -49.32%, occurring on Dec 16, 2008. Recovery took 581 trading sessions.

The current GMOI drawdown is -0.12%. The current VGM drawdown is -3.04%.

Rank	GMOI	VGM
#1	-14.67% Mar 19, 2025 - May 12, 2025	-49.32% May 16, 2007 - Sep 3, 2009
#2	-8.36% Feb 25, 2026 - May 6, 2026	-36.59% Sep 22, 2021 - Oct 25, 2023
#3	-6.35% Nov 7, 2024 - Jan 30, 2025	-24.75% Feb 11, 2020 - Nov 30, 2020
#4	-4.31% Nov 12, 2025 - Nov 28, 2025	-23.11% Jan 25, 2013 - Feb 2, 2015
#5	-4.15% Jul 23, 2025 - Aug 12, 2025	-17.26% Nov 5, 2010 - Sep 7, 2011
#6	-3.53% Oct 6, 2025 - Oct 27, 2025	-15.75% Mar 11, 2004 - Aug 25, 2005
#7	-3.18% Jun 16, 2026 - Jul 6, 2026	-15.16% Jul 8, 2016 - Jun 28, 2019
#8	-2.60% Mar 7, 2025 - Mar 17, 2025	-12.53% Nov 5, 1999 - Aug 21, 2000
#9	-2.43% May 26, 2026 - Jun 12, 2026	-10.76% Oct 6, 2009 - Mar 8, 2010
#10	-2.41% Jun 12, 2025 - Jun 27, 2025	-10.20% Jun 16, 2003 - Jan 14, 2004
#11	-2.34% Jan 30, 2025 - Feb 5, 2025	-9.87% Sep 30, 2002 - Apr 10, 2003
#12	-2.32% Jul 10, 2025 - Jul 23, 2025	-7.48% Feb 2, 2015 - Nov 23, 2015
#13	-2.04% Oct 27, 2025 - Nov 10, 2025	-7.01% Nov 13, 2001 - Jan 18, 2002
#14	-1.71% Aug 22, 2025 - Sep 11, 2025	-6.40% Sep 27, 2012 - Jan 25, 2013
#15	-1.52% May 6, 2026 - May 13, 2026	-6.33% Aug 21, 2000 - Dec 28, 2000

Correlation

Correlation between GMOI and VGM is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2000 - 2026)

GMOI vs VGM dividend yield comparison.

Year	GMOI	VGM
2026	0.36%	5.04%
2025	2.74%	7.48%
2024	0.54%	6.35%
2023	0.00%	4.42%
2022	0.00%	5.67%
2021	0.00%	4.65%
2020	0.00%	4.65%
2019	0.00%	4.82%
2018	0.00%	5.97%
2017	0.00%	5.79%
2016	0.00%	6.50%
2015	0.00%	6.62%
2014	0.00%	6.64%
2013	0.00%	7.68%
2012	0.00%	6.91%
2011	0.00%	7.05%
2010	0.00%	7.91%
2009	0.00%	6.61%
2008	0.00%	9.50%
2007	0.00%	5.80%
2006	0.00%	5.33%
2005	0.00%	7.95%
2004	0.00%	6.67%
2003	0.00%	7.36%
2002	0.00%	8.71%
2001	0.00%	7.55%
2000	0.00%	2.67%