ISCF vs VMO

Comparison between ISHARES INTERNATIONAL SMALL-CAP EQUITY FACTOR ETF (ISCF, ETF) and Invesco Municipal Opportunity Trust (VMO, ETF).

5-Year PerformanceISCF has outperformed VMO, delivering a return of +8.4% compared to -1.0%

ISCF vs VMO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ISCF(ETF)	VMO(ETF)
Net Assets	$658M	$658M
Expense Ratio	0.24%	N/A
Max Drawdown	43.64%	59.97%
Sharpe Ratio	0.91	1.17
5Y Beta	0.71	0.19
5Y Dividends CAGR	14.89%	4.97%

Net Assets

ISCF

$658M

Winner

VMO

$658M

Expense Ratio

ISCF

0.24%

VMO

N/A

Max Drawdown

Winner

ISCF

43.64%

VMO

59.97%

Sharpe Ratio

ISCF

0.91

Winner

VMO

1.17

5Y Beta

ISCF

0.71

Winner

VMO

0.19

5Y Dividends CAGR

Winner

ISCF

14.89%

VMO

4.97%

ISCF vs VMO - Historical Returns

Returns include dividend reinvestment.

Period	ISCF	VMO
1 month	+5.84%	+2.42%
3 months	+4.16%	+3.09%
6 months	+3.27%	+1.62%
1 year	+19.02%	+14.70%
5 years(CAGR)	+8.37%	-0.96%
10 years(CAGR)	+9.61%	+1.62%
Max(CAGR)	+8.87%	+5.32%

Winner

ISCF

+5.84%

VMO

+2.42%

Winner

ISCF

+4.16%

VMO

+3.09%

Winner

ISCF

+3.27%

VMO

+1.62%

Winner

ISCF

+19.02%

VMO

+14.70%

5Y(CAGR)

Winner

ISCF

+8.37%

VMO

-0.96%

10Y(CAGR)

Winner

ISCF

+9.61%

VMO

+1.62%

Max(CAGR)

Winner

ISCF

+8.87%

VMO

+5.32%

ISCF vs VMO - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ISCF	VMO
2026	+12.70%	+7.21%
2025	+34.44%	+5.81%
2024	+6.29%	+7.97%
2023	+11.76%	+2.47%
2022	-15.12%	-24.59%
2021	+12.61%	+12.34%
2020	+6.63%	+8.49%
2019	+26.29%	+13.99%
2018	-19.49%	-4.38%
2017	+37.47%	+2.74%
2016	-1.26%	+2.27%
2015	+1.67%	+9.28%
2014	N/A	+16.12%
2013	N/A	-15.83%
2012	N/A	+7.92%
2011	N/A	+21.08%
2010	N/A	+4.57%
2009	N/A	+45.00%
2008	N/A	-28.05%
2007	N/A	-3.14%
2006	N/A	+12.22%
2005	N/A	+7.50%
2004	N/A	-5.69%
2003	N/A	+13.75%
2002	N/A	+13.87%
2001	N/A	+13.09%
2000	N/A	+13.93%
1999	N/A	-4.09%

ISCF vs VMO Drawdown Comparison

The maximum drawdown for ISCF was -40.80%, occurring on Mar 23, 2020. Recovery took 720 trading sessions.

The maximum drawdown for VMO was -50.02%, occurring on Dec 16, 2008. Recovery took 599 trading sessions.

The current VMO drawdown is -5.54%.

Rank	ISCF	VMO
#1	-40.80% Jan 26, 2018 - Dec 4, 2020	-50.02% Apr 23, 2007 - Sep 4, 2009
#2	-30.65% Sep 3, 2021 - Sep 19, 2024	-37.68% Jan 3, 2022 - Oct 25, 2023
#3	-17.18% Jul 9, 2015 - Sep 26, 2016	-26.16% Oct 8, 2012 - Dec 10, 2015
#4	-13.25% Mar 19, 2025 - Apr 24, 2025	-25.48% Feb 20, 2020 - Aug 17, 2020
#5	-11.34% Feb 26, 2026 - Aug 4, 2026	-19.84% Dec 3, 2010 - Nov 15, 2011
#6	-9.19% Sep 26, 2024 - Mar 17, 2025	-19.20% Mar 8, 2004 - Mar 24, 2006
#7	-7.97% Sep 28, 2016 - Feb 3, 2017	-17.50% Jul 8, 2016 - Jul 31, 2019
#8	-6.33% Oct 6, 2025 - Dec 11, 2025	-11.93% Nov 5, 2010 - Dec 3, 2010
#9	-6.17% May 22, 2015 - Jul 9, 2015	-11.09% Jun 13, 2003 - Jan 6, 2004
#10	-4.82% Feb 16, 2021 - Mar 17, 2021	-10.05% Oct 6, 2009 - Mar 5, 2010
#11	-4.11% Jun 14, 2021 - Jul 26, 2021	-9.94% Feb 1, 2012 - Jul 5, 2012
#12	-3.92% May 7, 2021 - May 28, 2021	-9.79% Nov 5, 1999 - Jul 26, 2000
#13	-3.53% Jul 23, 2025 - Aug 12, 2025	-9.37% Oct 3, 2002 - Feb 21, 2003
#14	-3.10% Jan 21, 2021 - Feb 5, 2021	-8.51% Apr 28, 2006 - Dec 4, 2006
#15	-3.09% Aug 3, 2021 - Aug 30, 2021	-7.13% Feb 15, 2002 - Jun 4, 2002

Correlation

Correlation between ISCF and VMO is 0.67 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.67

-101

Dividend Comparison (2000 - 2026)

ISCF vs VMO dividend yield comparison.

Year	ISCF	VMO
2026	1.78%	5.12%
2025	3.76%	7.84%
2024	4.29%	6.44%
2023	3.94%	4.47%
2022	2.73%	5.69%
2021	3.93%	4.64%
2020	2.30%	4.66%
2019	2.87%	4.94%
2018	2.14%	5.95%
2017	1.97%	5.98%
2016	2.89%	6.73%
2015	1.46%	6.33%
2014	0.00%	6.12%
2013	0.00%	7.43%
2012	0.00%	7.03%
2011	0.00%	7.13%
2010	0.00%	7.91%
2009	0.00%	6.78%
2008	0.00%	8.60%
2007	0.00%	5.55%
2006	0.00%	5.17%
2005	0.00%	8.69%
2004	0.00%	7.20%
2003	0.00%	8.66%
2002	0.00%	9.81%
2001	0.00%	7.59%
2000	0.00%	2.56%