HIO vs LRGE

Comparison between Western Asset High Income Opportunity Fund Inc (HIO, ETF) and CLEARBRIDGE LARGE CAP GROWTH SELECT ETF (LRGE, ETF).

5-Year PerformanceLRGE has outperformed HIO, delivering a return of +9.7% compared to +1.9%

HIO vs LRGE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIO(ETF)	LRGE(ETF)
Net Assets	$365M	$365M
Expense Ratio	N/A	0.48%
Max Drawdown	68.83%	37.78%
Sharpe Ratio	-0.30	0.44
5Y Beta	0.36	1.08
P/E Ratio	N/A	26.84
Forward P/E	N/A	24.15
PEG Ratio	N/A	0.37
5Y Dividends CAGR	4.10%	11.03%
5Y EPS CAGR	N/A	34.13%
P/S Ratio	N/A	5.15
P/B Ratio	N/A	7.93

Net Assets

Winner

HIO

$365M

LRGE

$365M

Expense Ratio

HIO

N/A

LRGE

0.48%

Max Drawdown

HIO

68.83%

Winner

LRGE

37.78%

Sharpe Ratio

HIO

-0.30

Winner

LRGE

0.44

5Y Beta

Winner

HIO

0.36

LRGE

1.08

P/E Ratio

HIO

N/A

LRGE

26.84

Forward P/E

HIO

N/A

LRGE

24.15

PEG Ratio

HIO

N/A

LRGE

0.37

5Y Dividends CAGR

HIO

4.10%

Winner

LRGE

11.03%

5Y EPS CAGR

HIO

N/A

LRGE

34.13%

P/S Ratio

HIO

N/A

LRGE

5.15

P/B Ratio

HIO

N/A

LRGE

7.93

HIO vs LRGE - Historical Returns

Returns include dividend reinvestment.

Period	HIO	LRGE
1 month	-2.32%	+2.55%
3 months	-0.81%	+2.13%
6 months	-2.45%	+11.12%
1 year	+0.14%	+11.31%
5 years(CAGR)	+1.92%	+9.71%
10 years(CAGR)	+5.05%	+15.22%
Max(CAGR)	+5.98%	+15.22%

HIO

-2.32%

Winner

LRGE

+2.55%

HIO

-0.81%

Winner

LRGE

+2.13%

HIO

-2.45%

Winner

LRGE

+11.12%

HIO

+0.14%

Winner

LRGE

+11.31%

5Y(CAGR)

HIO

+1.92%

Winner

LRGE

+9.71%

10Y(CAGR)

HIO

+5.05%

Winner

LRGE

+15.22%

Max(CAGR)

HIO

+5.98%

Winner

LRGE

+15.22%

HIO vs LRGE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HIO	LRGE
2026	+2.10%	+7.05%
2025	+4.24%	+9.49%
2024	+11.22%	+28.06%
2023	+9.15%	+45.97%
2022	-16.61%	-31.43%
2021	+13.00%	+24.40%
2020	+6.07%	+30.62%
2019	+22.81%	+33.80%
2018	-8.66%	-0.66%
2017	+7.03%	+16.00%
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 LRGE Drawdown Comparison

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

The maximum drawdown for LRGE was -37.04%, occurring on Oct 14, 2022. Recovery took 542 trading sessions.

The current HIO drawdown is -3.22%. The current LRGE drawdown is -2.42%.

Rank	HIO	LRGE
#1	-49.61% Jun 1, 2007 - Aug 12, 2009	-37.04% Nov 19, 2021 - Jan 19, 2024
#2	-40.57% Feb 20, 2020 - Aug 24, 2020	-29.31% Feb 19, 2020 - Jul 1, 2020
#3	-32.15% Feb 15, 2001 - Jun 12, 2003	-20.26% Jan 23, 2025 - Jun 27, 2025
#4	-26.19% Sep 9, 2021 - Sep 16, 2024	-19.19% Oct 1, 2018 - Mar 21, 2019
#5	-20.75% Jun 18, 2014 - Aug 18, 2016	-16.32% Oct 28, 2025 - May 14, 2026
#6	-16.72% Jan 20, 2004 - Nov 4, 2004	-10.20% Sep 2, 2020 - Nov 16, 2020
#7	-15.95% Jul 31, 2000 - Jan 10, 2001	-9.43% Jul 16, 2024 - Aug 21, 2024
#8	-15.05% May 12, 2011 - Jan 13, 2012	-9.25% Apr 29, 2019 - Jul 3, 2019
#9	-13.29% Mar 7, 2025 - Jul 1, 2025	-9.09% Jan 26, 2018 - Jun 5, 2018
#10	-13.25% Jan 2, 2018 - Jan 31, 2019	-8.35% Jun 1, 2026 - Aug 12, 2026
#11	-12.80% May 22, 2013 - May 8, 2014	-7.72% Feb 12, 2021 - Apr 5, 2021
#12	-11.36% Sep 24, 2012 - Jan 10, 2013	-7.37% Jul 26, 2019 - Nov 8, 2019
#13	-11.31% Apr 26, 2010 - Aug 9, 2010	-7.03% Mar 21, 2024 - Jun 5, 2024
#14	-10.95% Jun 13, 2003 - Dec 31, 2003	-6.54% Sep 3, 2021 - Oct 21, 2021
#15	-10.61% Nov 5, 1999 - May 31, 2000	-5.57% Apr 29, 2021 - Jun 10, 2021

Correlation

Correlation between HIO and LRGE is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (1999 - 2026)

HIO vs LRGE dividend yield comparison.

Year	HIO	LRGE
2026	7.06%	0.00%
2025	11.48%	0.13%
2024	10.84%	0.17%
2023	9.90%	0.11%
2022	9.11%	2.02%
2021	7.02%	1.20%
2020	7.86%	0.37%
2019	6.91%	0.37%
2018	7.31%	2.10%
2017	7.04%	0.37%
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%