LEO vs EAD

Comparison between BNY Mellon Strategic Municipals Inc (LEO, ETF) and Allspring Income Opportunities Fund (EAD, ETF).

5-Year PerformanceEAD has outperformed LEO, delivering a return of +3.1% compared to -2.4%

LEO vs EAD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LEO(ETF)	EAD(ETF)
Net Assets	$427M	$426M
Max Drawdown	54.53%	75.58%
Sharpe Ratio	1.07	-0.06
5Y Beta	0.17	0.41
5Y Dividends CAGR	-7.57%	0.45%

Net Assets

Winner

LEO

$427M

EAD

$426M

Max Drawdown

Winner

LEO

54.53%

EAD

75.58%

Sharpe Ratio

Winner

LEO

1.07

EAD

-0.06

5Y Beta

Winner

LEO

0.17

EAD

0.41

5Y Dividends CAGR

LEO

-7.57%

Winner

EAD

0.45%

LEO vs EAD - Historical Returns

Returns include dividend reinvestment.

Period	LEO	EAD
1 month	+0.09%	-2.38%
3 months	+0.44%	-2.11%
6 months	+3.35%	-2.11%
1 year	+14.63%	+2.35%
5 years(CAGR)	-2.39%	+3.05%
10 years(CAGR)	+1.13%	+7.15%
Max(CAGR)	+4.81%	+6.79%

Winner

LEO

+0.09%

EAD

-2.38%

Winner

LEO

+0.44%

EAD

-2.11%

Winner

LEO

+3.35%

EAD

-2.11%

Winner

LEO

+14.63%

EAD

+2.35%

5Y(CAGR)

LEO

-2.39%

Winner

EAD

+3.05%

10Y(CAGR)

LEO

+1.13%

Winner

EAD

+7.15%

Max(CAGR)

LEO

+4.81%

Winner

EAD

+6.79%

LEO vs EAD - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	LEO	EAD
2026	+1.84%	-1.30%
2025	+8.40%	+6.49%
2024	+6.40%	+14.98%
2023	-1.05%	+10.21%
2022	-23.74%	-21.22%
2021	+5.05%	+21.77%
2020	+4.86%	+6.21%
2019	+22.72%	+23.96%
2018	-12.42%	-7.27%
2017	+8.83%	+8.19%
2016	+3.50%	+25.62%
2015	+11.03%	-7.08%
2014	+15.50%	+5.54%
2013	-16.60%	-2.29%
2012	+14.70%	+7.88%
2011	+23.10%	+17.03%
2010	+3.15%	+10.22%
2009	+46.92%	+84.44%
2008	-27.48%	-44.13%
2007	-7.07%	-15.74%
2006	+13.96%	+24.52%
2005	+7.55%	-10.09%
2004	-7.35%	+16.42%
2003	+10.84%	+14.03%
2002	+6.78%	N/A
2001	+22.11%	N/A

LEO vs EAD Drawdown Comparison

The maximum drawdown for LEO was -47.31%, occurring on Oct 10, 2008. Recovery took 671 trading sessions.

The maximum drawdown for EAD was -67.35%, occurring on Nov 21, 2008. Recovery took 792 trading sessions.

The current LEO drawdown is -17.31%. The current EAD drawdown is -3.96%.

Rank	LEO	EAD
#1	-47.31% May 7, 2007 - Jan 5, 2010	-67.35% May 31, 2007 - Jul 22, 2010
#2	-41.48% Aug 27, 2021 - Oct 25, 2023	-41.48% Feb 20, 2020 - Dec 2, 2020
#3	-30.28% Feb 25, 2020 - Feb 5, 2021	-29.37% Dec 31, 2021 - Sep 12, 2024
#4	-23.62% Jan 8, 2013 - Nov 3, 2015	-19.15% Apr 23, 2015 - Jun 8, 2016
#5	-21.68% Jan 21, 2004 - Sep 7, 2005	-18.90% May 13, 2011 - Dec 23, 2011
#6	-19.81% Sep 10, 2010 - Oct 12, 2011	-13.92% Feb 15, 2013 - Apr 23, 2014
#7	-17.32% Aug 1, 2017 - Jul 2, 2019	-12.84% Jan 7, 2005 - Aug 30, 2005
#8	-12.16% Jul 8, 2016 - Jul 11, 2017	-12.65% Feb 28, 2025 - Jun 5, 2025
#9	-11.77% Oct 1, 2002 - Apr 29, 2003	-11.97% Sep 29, 2017 - Feb 15, 2019
#10	-11.61% Jun 12, 2003 - Jan 7, 2004	-11.64% Sep 12, 2005 - Mar 3, 2006
#11	-9.85% Aug 28, 2001 - Dec 31, 2001	-11.27% Feb 1, 2012 - Jul 19, 2012
#12	-8.30% Sep 7, 2005 - Mar 29, 2006	-11.00% Nov 9, 2010 - Feb 17, 2011
#13	-6.69% Mar 12, 2012 - May 9, 2012	-10.75% Jan 12, 2004 - Jul 19, 2004
#14	-6.02% Nov 29, 2012 - Jan 8, 2013	-10.06% Aug 9, 2012 - Feb 5, 2013
#15	-5.98% Dec 31, 2001 - Apr 5, 2002	-9.65% Jul 11, 2014 - Mar 2, 2015

Correlation

Correlation between LEO and EAD is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2001 - 2026)

LEO vs EAD dividend yield comparison.

Year	LEO	EAD
2026	1.99%	4.16%
2025	4.03%	9.47%
2024	3.77%	9.08%
2023	4.37%	9.07%
2022	5.66%	10.97%
2021	4.84%	7.59%
2020	4.95%	8.51%
2019	4.94%	8.44%
2018	5.96%	9.12%
2017	5.97%	8.58%
2016	6.14%	9.62%
2015	6.04%	10.95%
2014	7.11%	9.18%
2013	7.74%	9.08%
2012	6.16%	9.57%
2011	6.61%	10.02%
2010	7.54%	10.84%
2009	6.32%	12.76%
2008	8.94%	23.83%
2007	6.13%	12.30%
2006	5.03%	9.74%
2005	6.51%	13.42%
2004	7.38%	12.26%
2003	7.32%	7.86%
2002	7.14%	0.00%
2001	5.74%	0.00%