OIA vs CAF

Comparison between Invesco Municipal Income Opportunities Trust (OIA, ETF) and Morgan Stanley China A Share Fund Inc (CAF, ETF).

5-Year PerformanceOIA has outperformed CAF, delivering a return of -0.7% compared to -1.7%

OIA vs CAF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OIA(ETF)	CAF(ETF)
Net Assets	$296M	$295M
Max Drawdown	58.71%	84.15%
Sharpe Ratio	0.75	1.96
5Y Beta	0.17	0.39
5Y Dividends CAGR	-1.63%	-39.05%

Net Assets

Winner

OIA

$296M

CAF

$295M

Max Drawdown

Winner

OIA

58.71%

CAF

84.15%

Sharpe Ratio

OIA

0.75

Winner

CAF

1.96

5Y Beta

Winner

OIA

0.17

CAF

0.39

5Y Dividends CAGR

Winner

OIA

-1.63%

CAF

-39.05%

OIA vs CAF - Historical Returns

Returns include dividend reinvestment.

Period	OIA	CAF
1 month	-1.32%	+2.10%
3 months	-1.81%	+10.90%
6 months	+0.55%	+20.43%
1 year	+12.11%	+47.97%
5 years(CAGR)	-0.66%	-1.73%
10 years(CAGR)	+2.78%	+5.64%
Max(CAGR)	+4.80%	+9.04%

OIA

-1.32%

Winner

CAF

+2.10%

OIA

-1.81%

Winner

CAF

+10.90%

OIA

+0.55%

Winner

CAF

+20.43%

OIA

+12.11%

Winner

CAF

+47.97%

5Y(CAGR)

Winner

OIA

-0.66%

CAF

-1.73%

10Y(CAGR)

OIA

+2.78%

Winner

CAF

+5.64%

Max(CAGR)

OIA

+4.80%

Winner

CAF

+9.04%

OIA vs CAF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	OIA	CAF
2026	+3.24%	+8.72%
2025	+6.44%	+42.50%
2024	-4.20%	+0.52%
2023	+7.17%	-9.64%
2022	-17.71%	-31.42%
2021	+6.09%	-2.55%
2020	+4.68%	+10.91%
2019	+17.64%	+24.02%
2018	-8.99%	-15.74%
2017	+17.32%	+41.08%
2016	+3.43%	-7.41%
2015	+10.72%	+12.06%
2014	+18.25%	+38.76%
2013	-12.44%	-4.11%
2012	+16.13%	+32.20%
2011	+16.63%	-29.66%
2010	+6.34%	-8.64%
2009	+37.16%	+59.50%
2008	-32.05%	-49.62%
2007	-21.12%	+89.68%
2006	+20.62%	+54.38%
2005	+21.06%	N/A
2004	+12.12%	N/A
2003	+3.36%	N/A
2002	-0.03%	N/A
2001	-0.47%	N/A
2000	+8.10%	N/A
1999	-5.35%	N/A

OIA vs CAF Drawdown Comparison

The maximum drawdown for OIA was -55.23%, occurring on Oct 10, 2008. Recovery took 1283 trading sessions.

The maximum drawdown for CAF was -66.21%, occurring on Nov 6, 2008. Recovery took 1892 trading sessions.

The current OIA drawdown is -7.89%. The current CAF drawdown is -8.34%.

Rank	OIA	CAF
#1	-55.23% May 11, 2007 - Jun 13, 2012	-66.21% Sep 27, 2007 - Apr 6, 2015
#2	-34.85% Aug 30, 2021 - Oct 27, 2023	-49.04% Jun 1, 2021 - Jul 30, 2024
#3	-31.78% Feb 24, 2020 - Dec 31, 2020	-39.21% Jun 11, 2015 - May 16, 2017
#4	-22.39% Nov 26, 2012 - Jan 12, 2015	-33.95% Jan 26, 2018 - Dec 14, 2020
#5	-19.90% Sep 6, 2000 - Feb 12, 2001	-18.59% Jan 3, 2007 - Apr 3, 2007
#6	-14.09% Sep 30, 2016 - May 31, 2017	-13.35% Aug 13, 2007 - Aug 22, 2007
#7	-13.06% Sep 10, 2018 - Mar 21, 2019	-11.69% May 7, 2007 - Jun 14, 2007
#8	-11.94% Oct 7, 2002 - Jun 11, 2003	-10.34% Apr 27, 2015 - May 26, 2015
#9	-11.02% Nov 5, 1999 - Jul 19, 2000	-9.52% Jun 20, 2017 - Sep 7, 2017
#10	-11.02% Mar 9, 2004 - Oct 6, 2004	-7.52% Jun 19, 2007 - Jul 11, 2007
#11	-10.80% Aug 31, 2001 - Sep 3, 2002	-7.09% Sep 6, 2007 - Sep 18, 2007
#12	-9.53% Nov 7, 2005 - Jan 5, 2006	-6.85% Aug 27, 2007 - Aug 31, 2007
#13	-9.10% Jun 16, 2003 - Mar 8, 2004	-6.61% Oct 5, 2006 - Nov 29, 2006
#14	-8.65% Dec 27, 2017 - Aug 29, 2018	-5.76% Jan 5, 2021 - Feb 16, 2021
#15	-7.54% Apr 12, 2019 - Aug 6, 2019	-5.58% Oct 26, 2017 - Dec 26, 2017

Correlation

Correlation between OIA and CAF is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2000 - 2026)

OIA vs CAF dividend yield comparison.

Year	OIA	CAF
2026	2.41%	0.00%
2025	5.81%	1.51%
2024	5.87%	2.63%
2023	5.09%	0.96%
2022	5.68%	0.02%
2021	4.69%	6.57%
2020	4.81%	10.40%
2019	4.88%	3.78%
2018	5.84%	9.48%
2017	5.16%	5.20%
2016	5.58%	4.69%
2015	5.40%	67.03%
2014	5.85%	5.66%
2013	6.77%	0.47%
2012	5.74%	8.48%
2011	6.31%	1.90%
2010	6.80%	6.30%
2009	6.98%	13.59%
2008	10.17%	28.65%
2007	7.22%	19.01%
2006	5.61%	0.00%
2005	6.07%	0.00%
2004	6.46%	0.00%
2003	7.31%	0.00%
2002	7.50%	0.00%
2001	7.31%	0.00%
2000	3.07%	0.00%