OIA vs IMF

Comparison between Invesco Municipal Income Opportunities Trust (OIA, ETF) and INVESCO MANAGED FUTURES STRATEGY ETF (IMF, ETF).

OIA vs IMF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OIA(ETF)	IMF(ETF)
Net Assets	$301M	$301M
Expense Ratio	N/A	0.65%
Max Drawdown	58.71%	15.10%
Sharpe Ratio	1.21	1.46
5Y Beta	0.17	0.28
5Y Dividends CAGR	-1.63%	N/A

Net Assets

Winner

OIA

$301M

IMF

$301M

Expense Ratio

OIA

N/A

IMF

0.65%

Max Drawdown

OIA

58.71%

Winner

IMF

15.10%

Sharpe Ratio

OIA

1.21

Winner

IMF

1.46

5Y Beta

Winner

OIA

0.17

IMF

0.28

5Y Dividends CAGR

OIA

-1.63%

IMF

N/A

OIA vs IMF - Historical Returns

Returns include dividend reinvestment.

Period	OIA	IMF
1 month	+2.95%	+0.66%
3 months	+3.77%	+1.08%
6 months	+4.22%	+9.98%
1 year	+18.04%	+20.43%
5 years(CAGR)	+0.31%	N/A
10 years(CAGR)	+2.73%	N/A
Max(CAGR)	+4.93%	+3.03%

Winner

OIA

+2.95%

IMF

+0.66%

Winner

OIA

+3.77%

IMF

+1.08%

OIA

+4.22%

Winner

IMF

+9.98%

OIA

+18.04%

Winner

IMF

+20.43%

5Y(CAGR)

OIA

+0.31%

IMF

N/A

10Y(CAGR)

OIA

+2.73%

IMF

N/A

Max(CAGR)

Winner

OIA

+4.93%

IMF

+3.03%

OIA vs IMF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	OIA	IMF
2026	+7.50%	+12.18%
2025	+6.44%	-7.96%
2024	-4.20%	N/A
2023	+7.17%	N/A
2022	-17.71%	N/A
2021	+6.09%	N/A
2020	+4.68%	N/A
2019	+17.64%	N/A
2018	-8.99%	N/A
2017	+17.32%	N/A
2016	+3.43%	N/A
2015	+10.72%	N/A
2014	+18.25%	N/A
2013	-12.44%	N/A
2012	+16.13%	N/A
2011	+16.63%	N/A
2010	+6.34%	N/A
2009	+37.16%	N/A
2008	-32.05%	N/A
2007	-21.12%	N/A
2006	+20.62%	N/A
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 IMF Drawdown Comparison

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

The maximum drawdown for IMF was -15.10%, occurring on Aug 1, 2025. Recovery took 242 trading sessions.

The current OIA drawdown is -4.08%. The current IMF drawdown is -1.68%.

Rank	OIA	IMF
#1	-55.23% May 11, 2007 - Jun 13, 2012	-15.10% Mar 19, 2025 - Mar 6, 2026
#2	-34.85% Aug 30, 2021 - Oct 27, 2023	-4.54% May 19, 2026 - Jun 24, 2026
#3	-31.78% Feb 24, 2020 - Dec 31, 2020	-2.97% Mar 12, 2026 - Mar 31, 2026
#4	-22.39% Nov 26, 2012 - Jan 12, 2015	-1.67% Apr 6, 2026 - Apr 22, 2026
#5	-19.90% Sep 6, 2000 - Feb 12, 2001	-0.84% Mar 6, 2026 - Mar 10, 2026
#6	-14.09% Sep 30, 2016 - May 31, 2017	-0.75% May 5, 2026 - May 11, 2026
#7	-13.06% Sep 10, 2018 - Mar 21, 2019	-0.66% May 13, 2026 - May 19, 2026
#8	-11.94% Oct 7, 2002 - Jun 11, 2003	-0.28% Apr 23, 2026 - Apr 28, 2026
#9	-11.02% Nov 5, 1999 - Jul 19, 2000	-0.09% Mar 31, 2026 - Apr 2, 2026
#10	-11.02% Mar 9, 2004 - Oct 6, 2004	-0.06% May 1, 2026 - May 5, 2026
#11	-10.80% Aug 31, 2001 - Sep 3, 2002	N/A
#12	-9.53% Nov 7, 2005 - Jan 5, 2006	N/A
#13	-9.10% Jun 16, 2003 - Mar 8, 2004	N/A
#14	-8.65% Dec 27, 2017 - Aug 29, 2018	N/A
#15	-7.54% Apr 12, 2019 - Aug 6, 2019	N/A

Correlation

Correlation between OIA and IMF is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2000 - 2026)

OIA vs IMF dividend yield comparison.

Year	OIA	IMF
2026	3.27%	0.00%
2025	5.81%	1.01%
2024	5.87%	0.00%
2023	5.09%	0.00%
2022	5.68%	0.00%
2021	4.69%	0.00%
2020	4.81%	0.00%
2019	4.88%	0.00%
2018	5.84%	0.00%
2017	5.16%	0.00%
2016	5.58%	0.00%
2015	5.40%	0.00%
2014	5.85%	0.00%
2013	6.77%	0.00%
2012	5.74%	0.00%
2011	6.31%	0.00%
2010	6.80%	0.00%
2009	6.98%	0.00%
2008	10.17%	0.00%
2007	7.22%	0.00%
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%