HIO vs IDLV

Comparison between Western Asset High Income Opportunity Fund Inc (HIO, ETF) and INVESCO S&P INTERNATIONAL DEVELOPED LOW VOLATILITY ETF (IDLV, ETF).

5-Year PerformanceIDLV has outperformed HIO, delivering a return of +5.8% compared to +2.4%

HIO vs IDLV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIO(ETF)	IDLV(ETF)
Net Assets	$375M	$373M
Expense Ratio	N/A	0.25%
Max Drawdown	68.83%	36.36%
Sharpe Ratio	-0.04	0.51
5Y Beta	0.36	0.39
5Y Dividends CAGR	3.83%	15.01%

Net Assets

Winner

HIO

$375M

IDLV

$373M

Expense Ratio

HIO

N/A

IDLV

0.25%

Max Drawdown

HIO

68.83%

Winner

IDLV

36.36%

Sharpe Ratio

HIO

-0.04

Winner

IDLV

0.51

5Y Beta

Winner

HIO

0.36

IDLV

0.39

5Y Dividends CAGR

HIO

3.83%

Winner

IDLV

15.01%

HIO vs IDLV - Historical Returns

Returns include dividend reinvestment.

Period	HIO	IDLV
1 month	-1.50%	-3.38%
3 months	-0.92%	-2.40%
6 months	+0.05%	+4.25%
1 year	+2.94%	+8.54%
5 years(CAGR)	+2.35%	+5.75%
10 years(CAGR)	+5.68%	+4.97%
Max(CAGR)	+6.00%	+5.82%

Winner

HIO

-1.50%

IDLV

-3.38%

Winner

HIO

-0.92%

IDLV

-2.40%

HIO

+0.05%

Winner

IDLV

+4.25%

HIO

+2.94%

Winner

IDLV

+8.54%

5Y(CAGR)

HIO

+2.35%

Winner

IDLV

+5.75%

10Y(CAGR)

Winner

HIO

+5.68%

IDLV

+4.97%

Max(CAGR)

Winner

HIO

+6.00%

IDLV

+5.82%

HIO vs IDLV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HIO	IDLV
2026	+1.51%	+1.33%
2025	+4.24%	+28.06%
2024	+11.22%	+2.90%
2023	+9.15%	+9.09%
2022	-16.61%	-12.11%
2021	+13.00%	+9.64%
2020	+6.07%	-10.01%
2019	+22.81%	+20.01%
2018	-8.66%	-8.55%
2017	+7.03%	+21.60%
2016	+17.18%	+5.23%
2015	-5.50%	-3.49%
2014	-3.52%	+2.36%
2013	-2.90%	+13.81%
2012	+12.31%	+14.67%
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 IDLV Drawdown Comparison

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

The maximum drawdown for IDLV was -34.63%, occurring on Mar 23, 2020. Recovery took 1140 trading sessions.

The current HIO drawdown is -3.77%. The current IDLV drawdown is -6.45%.

Rank	HIO	IDLV
#1	-49.61% Jun 1, 2007 - Aug 12, 2009	-34.63% Feb 12, 2020 - Aug 23, 2024
#2	-40.57% Feb 20, 2020 - Aug 24, 2020	-18.79% Jul 24, 2014 - Apr 11, 2017
#3	-32.15% Feb 15, 2001 - Jun 12, 2003	-14.37% Jan 26, 2018 - Jun 7, 2019
#4	-26.19% Sep 9, 2021 - Sep 16, 2024	-12.21% May 8, 2013 - Oct 22, 2013
#5	-20.75% Jun 18, 2014 - Aug 18, 2016	-9.97% Sep 26, 2024 - Mar 7, 2025
#6	-16.72% Jan 20, 2004 - Nov 4, 2004	-9.82% May 1, 2012 - Jul 27, 2012
#7	-15.95% Jul 31, 2000 - Jan 10, 2001	-8.26% Apr 3, 2025 - Apr 17, 2025
#8	-15.05% May 12, 2011 - Jan 13, 2012	-7.54% Feb 27, 2026 - Mar 27, 2026
#9	-13.29% Mar 7, 2025 - Jul 1, 2025	-6.12% Dec 30, 2013 - Feb 24, 2014
#10	-13.25% Jan 2, 2018 - Jan 31, 2019	-5.52% Sep 27, 2012 - Dec 12, 2012
#11	-12.80% May 22, 2013 - May 8, 2014	-4.50% Jul 3, 2019 - Sep 20, 2019
#12	-11.36% Sep 24, 2012 - Jan 10, 2013	-4.27% Apr 2, 2012 - Apr 26, 2012
#13	-11.31% Apr 26, 2010 - Aug 9, 2010	-3.80% Oct 25, 2013 - Dec 26, 2013
#14	-10.95% Jun 13, 2003 - Dec 31, 2003	-3.62% Sep 11, 2025 - Dec 15, 2025
#15	-10.61% Nov 5, 1999 - May 31, 2000	-2.95% Jul 23, 2025 - Aug 13, 2025

Correlation

Correlation between HIO and IDLV is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (1999 - 2026)

HIO vs IDLV dividend yield comparison.

Year	HIO	IDLV
2026	4.97%	0.82%
2025	11.48%	4.63%
2024	10.84%	3.41%
2023	9.90%	3.59%
2022	9.11%	4.69%
2021	7.02%	2.99%
2020	7.86%	2.30%
2019	6.91%	4.92%
2018	7.31%	3.94%
2017	7.04%	3.05%
2016	8.44%	3.92%
2015	9.08%	3.93%
2014	8.06%	3.25%
2013	8.55%	2.47%
2012	7.81%	2.51%
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%