NML vs VMO

Comparison between Neuberger Berman Energy Infrastructure and Income Fund Inc (NML, ETF) and Invesco Municipal Opportunity Trust (VMO, ETF).

5-Year PerformanceNML has outperformed VMO, delivering a return of +23.7% compared to -1.1%

NML vs VMO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NML(ETF)	VMO(ETF)
Net Assets	$671M	$673M
Max Drawdown	94.21%	59.97%
Sharpe Ratio	1.32	1.17
5Y Beta	0.56	0.19
5Y Dividends CAGR	36.46%	3.83%

Net Assets

NML

$671M

Winner

VMO

$673M

Max Drawdown

NML

94.21%

Winner

VMO

59.97%

Sharpe Ratio

Winner

NML

1.32

VMO

1.17

5Y Beta

NML

0.56

Winner

VMO

0.19

5Y Dividends CAGR

Winner

NML

36.46%

VMO

3.83%

NML vs VMO - Historical Returns

Returns include dividend reinvestment.

Period	NML	VMO
1 month	-2.32%	+0.23%
3 months	+1.08%	-0.53%
6 months	+20.43%	+4.46%
1 year	+27.20%	+14.68%
5 years(CAGR)	+23.72%	-1.09%
10 years(CAGR)	+9.97%	+1.75%
Max(CAGR)	+2.50%	+5.25%

NML

-2.32%

Winner

VMO

+0.23%

Winner

NML

+1.08%

VMO

-0.53%

Winner

NML

+20.43%

VMO

+4.46%

Winner

NML

+27.20%

VMO

+14.68%

5Y(CAGR)

Winner

NML

+23.72%

VMO

-1.09%

10Y(CAGR)

Winner

NML

+9.97%

VMO

+1.75%

Max(CAGR)

NML

+2.50%

Winner

VMO

+5.25%

NML vs VMO - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NML	VMO
2026	+22.11%	+4.00%
2025	+3.66%	+5.81%
2024	+40.37%	+7.97%
2023	+17.73%	+2.47%
2022	+30.79%	-24.59%
2021	+59.38%	+12.34%
2020	-46.35%	+8.49%
2019	+9.79%	+13.99%
2018	-25.16%	-4.38%
2017	+5.97%	+2.74%
2016	+24.35%	+2.27%
2015	-50.36%	+9.28%
2014	-0.77%	+16.12%
2013	-0.94%	-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%

NML vs VMO Drawdown Comparison

The maximum drawdown for NML was -90.47%, occurring on Mar 18, 2020. Recovery took 2842 trading sessions.

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

The current NML drawdown is -4.35%. The current VMO drawdown is -8.37%.

Rank	NML	VMO
#1	-90.47% Oct 3, 2014 - Jan 23, 2026	-50.02% Apr 23, 2007 - Sep 4, 2009
#2	-16.89% Apr 23, 2013 - Jul 1, 2014	-37.68% Jan 3, 2022 - Oct 25, 2023
#3	-7.47% May 18, 2026 - May 29, 2026	-26.16% Oct 8, 2012 - Dec 10, 2015
#4	-7.18% Mar 27, 2026 - May 15, 2026	-25.48% Feb 20, 2020 - Aug 17, 2020
#5	-4.84% Jul 22, 2014 - Aug 11, 2014	-19.84% Dec 3, 2010 - Nov 15, 2011
#6	-4.82% Sep 2, 2014 - Sep 30, 2014	-19.20% Mar 8, 2004 - Mar 24, 2006
#7	-3.38% Mar 2, 2026 - Mar 25, 2026	-17.50% Jul 8, 2016 - Jul 31, 2019
#8	-2.98% Jan 30, 2026 - Feb 9, 2026	-11.93% Nov 5, 2010 - Dec 3, 2010
#9	-2.43% Aug 11, 2014 - Aug 15, 2014	-11.09% Jun 13, 2003 - Jan 6, 2004
#10	-1.83% Aug 15, 2014 - Aug 19, 2014	-10.05% Oct 6, 2009 - Mar 5, 2010
#11	-1.82% Jul 1, 2014 - Jul 9, 2014	-9.94% Feb 1, 2012 - Jul 5, 2012
#12	-1.43% Feb 13, 2026 - Feb 25, 2026	-9.79% Nov 5, 1999 - Jul 26, 2000
#13	-1.40% Mar 28, 2013 - Apr 10, 2013	-9.37% Oct 3, 2002 - Feb 21, 2003
#14	-1.34% Sep 30, 2014 - Oct 3, 2014	-8.51% Apr 28, 2006 - Dec 4, 2006
#15	-0.95% Apr 11, 2013 - Apr 15, 2013	-7.13% Feb 15, 2002 - Jun 4, 2002

Correlation

Correlation between NML and VMO is -0.24 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.24

-101

Dividend Comparison (2000 - 2026)

NML vs VMO dividend yield comparison.

Year	NML	VMO
2026	3.12%	3.23%
2025	8.24%	7.84%
2024	7.94%	6.44%
2023	10.19%	4.47%
2022	4.26%	5.69%
2021	3.54%	4.64%
2020	8.34%	4.66%
2019	9.76%	4.94%
2018	9.87%	5.95%
2017	7.04%	5.98%
2016	8.63%	6.73%
2015	15.44%	6.33%
2014	7.16%	6.12%
2013	4.40%	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%