HIO vs AVMC

Comparison between Western Asset High Income Opportunity Fund Inc (HIO, ETF) and AVANTIS U.S. MID CAP EQUITY ETF (AVMC, ETF).

HIO vs AVMC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIO(ETF)	AVMC(ETF)
Net Assets	$375M	$374M
Expense Ratio	N/A	0.18%
Max Drawdown	68.83%	22.33%
Sharpe Ratio	-0.04	1.25
5Y Beta	0.36	0.93
P/E Ratio	N/A	25.37
Forward P/E	N/A	15.80
5Y Dividends CAGR	3.83%	N/A
5Y EPS CAGR	N/A	15.01%
P/S Ratio	N/A	1.62
P/B Ratio	N/A	2.99

Net Assets

Winner

HIO

$375M

AVMC

$374M

Expense Ratio

HIO

N/A

AVMC

0.18%

Max Drawdown

HIO

68.83%

Winner

AVMC

22.33%

Sharpe Ratio

HIO

-0.04

Winner

AVMC

1.25

5Y Beta

Winner

HIO

0.36

AVMC

0.93

P/E Ratio

HIO

N/A

AVMC

25.37

Forward P/E

HIO

N/A

AVMC

15.80

5Y Dividends CAGR

HIO

3.83%

AVMC

N/A

5Y EPS CAGR

HIO

N/A

AVMC

15.01%

P/S Ratio

HIO

N/A

AVMC

1.62

P/B Ratio

HIO

N/A

AVMC

2.99

HIO vs AVMC - Historical Returns

Returns include dividend reinvestment.

Period	HIO	AVMC
1 month	-1.50%	+0.21%
3 months	-0.92%	+4.80%
6 months	+0.05%	+10.32%
1 year	+2.94%	+22.27%
5 years(CAGR)	+2.35%	N/A
10 years(CAGR)	+5.68%	N/A
Max(CAGR)	+6.00%	+21.20%

HIO

-1.50%

Winner

AVMC

+0.21%

HIO

-0.92%

Winner

AVMC

+4.80%

HIO

+0.05%

Winner

AVMC

+10.32%

HIO

+2.94%

Winner

AVMC

+22.27%

5Y(CAGR)

HIO

+2.35%

AVMC

N/A

10Y(CAGR)

HIO

+5.68%

AVMC

N/A

Max(CAGR)

HIO

+6.00%

Winner

AVMC

+21.20%

HIO vs AVMC - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HIO	AVMC
2026	+1.51%	+9.18%
2025	+4.24%	+10.13%
2024	+11.22%	+17.49%
2023	+9.15%	+15.38%
2022	-16.61%	N/A
2021	+13.00%	N/A
2020	+6.07%	N/A
2019	+22.81%	N/A
2018	-8.66%	N/A
2017	+7.03%	N/A
2016	+17.18%	N/A
2015	-5.50%	N/A
2014	-3.52%	N/A
2013	-2.90%	N/A
2012	+12.31%	N/A
2011	+9.77%	N/A
2010	+11.29%	N/A
2009	+61.70%	N/A
2008	-26.06%	N/A
2007	-2.65%	N/A
2006	+22.13%	N/A
2005	-1.20%	N/A
2004	+2.18%	N/A
2003	+24.35%	N/A
2002	-7.05%	N/A
2001	-1.23%	N/A
2000	+11.80%	N/A
1999	-3.82%	N/A

HIO vs AVMC Drawdown Comparison

The maximum drawdown for HIO was -49.61%, occurring on Nov 20, 2008. Recovery took 554 trading sessions.

The maximum drawdown for AVMC was -21.83%, occurring on Apr 8, 2025. Recovery took 192 trading sessions.

The current HIO drawdown is -3.77%. The current AVMC drawdown is -1.78%.

Rank	HIO	AVMC
#1	-49.61% Jun 1, 2007 - Aug 12, 2009	-21.83% Nov 25, 2024 - Sep 4, 2025
#2	-40.57% Feb 20, 2020 - Aug 24, 2020	-7.90% Feb 26, 2026 - Apr 17, 2026
#3	-32.15% Feb 15, 2001 - Jun 12, 2003	-7.87% Jul 16, 2024 - Aug 30, 2024
#4	-26.19% Sep 9, 2021 - Sep 16, 2024	-7.09% Mar 28, 2024 - Jul 16, 2024
#5	-20.75% Jun 18, 2014 - Aug 18, 2016	-5.05% Sep 11, 2025 - Nov 26, 2025
#6	-16.72% Jan 20, 2004 - Nov 4, 2004	-4.68% Aug 30, 2024 - Sep 19, 2024
#7	-15.95% Jul 31, 2000 - Jan 10, 2001	-4.11% Dec 28, 2023 - Feb 9, 2024
#8	-15.05% May 12, 2011 - Jan 13, 2012	-3.47% May 6, 2026 - May 28, 2026
#9	-13.29% Mar 7, 2025 - Jul 1, 2025	-2.69% Nov 11, 2024 - Nov 22, 2024
#10	-13.25% Jan 2, 2018 - Jan 31, 2019	-2.51% Oct 18, 2024 - Nov 6, 2024
#11	-12.80% May 22, 2013 - May 8, 2014	-2.09% Feb 12, 2024 - Feb 15, 2024
#12	-11.36% Sep 24, 2012 - Jan 10, 2013	-2.03% Dec 11, 2025 - Jan 5, 2026
#13	-11.31% Apr 26, 2010 - Aug 9, 2010	-1.91% Jan 15, 2026 - Jan 22, 2026
#14	-10.95% Jun 13, 2003 - Dec 31, 2003	-1.78% Jun 4, 2026 - Jun 5, 2026
#15	-10.61% Nov 5, 1999 - May 31, 2000	-1.65% Feb 11, 2026 - Feb 18, 2026

Correlation

Correlation between HIO and AVMC is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (1999 - 2026)

HIO vs AVMC dividend yield comparison.

Year	HIO	AVMC
2026	4.97%	0.19%
2025	11.48%	1.12%
2024	10.84%	1.02%
2023	9.90%	0.24%
2022	9.11%	0.00%
2021	7.02%	0.00%
2020	7.86%	0.00%
2019	6.91%	0.00%
2018	7.31%	0.00%
2017	7.04%	0.00%
2016	8.44%	0.00%
2015	9.08%	0.00%
2014	8.06%	0.00%
2013	8.55%	0.00%
2012	7.81%	0.00%
2011	8.47%	0.00%
2010	9.70%	0.00%
2009	10.33%	0.00%
2008	14.47%	0.00%
2007	9.08%	0.00%
2006	9.04%	0.00%
2005	9.44%	0.00%
2004	8.93%	0.00%
2003	9.94%	0.00%
2002	12.25%	0.00%
2001	14.16%	0.00%
2000	11.14%	0.00%
1999	1.88%	0.00%