OIA vs USMF

Comparison between Invesco Municipal Income Opportunities Trust (OIA, ETF) and WISDOMTREE U.S. MULTIFACTOR FUND (USMF, ETF).

5-Year PerformanceUSMF has outperformed OIA, delivering a return of +7.1% compared to -1.2%

OIA vs USMF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OIA(ETF)	USMF(ETF)
Net Assets	$292M	$292M
Expense Ratio	N/A	0.28%
Max Drawdown	58.71%	36.24%
Sharpe Ratio	0.70	0.15
5Y Beta	0.18	0.69
P/E Ratio	N/A	22.93
Forward P/E	N/A	17.07
PEG Ratio	N/A	0.18
5Y Dividends CAGR	-0.05%	15.79%
5Y EPS CAGR	N/A	20.49%
Debt to Equity	N/A	57.20%
P/S Ratio	N/A	1.81
P/B Ratio	N/A	3.84

Net Assets

OIA

$292M

Winner

USMF

$292M

Expense Ratio

OIA

N/A

USMF

0.28%

Max Drawdown

OIA

58.71%

Winner

USMF

36.24%

Sharpe Ratio

Winner

OIA

0.70

USMF

0.15

5Y Beta

Winner

OIA

0.18

USMF

0.69

P/E Ratio

OIA

N/A

USMF

22.93

Forward P/E

OIA

N/A

USMF

17.07

PEG Ratio

OIA

N/A

USMF

0.18

5Y Dividends CAGR

OIA

-0.05%

Winner

USMF

15.79%

5Y EPS CAGR

OIA

N/A

USMF

20.49%

Debt to Equity

OIA

N/A

USMF

57.20%

P/S Ratio

OIA

N/A

USMF

1.81

P/B Ratio

OIA

N/A

USMF

3.84

OIA vs USMF - Historical Returns

Returns include dividend reinvestment.

Period	OIA	USMF
1 month	-0.67%	+0.76%
3 months	-1.18%	+1.22%
6 months	-2.58%	+4.03%
1 year	+11.78%	+4.08%
5 years(CAGR)	-1.22%	+7.08%
10 years(CAGR)	+2.34%	+10.31%
Max(CAGR)	+4.82%	+10.31%

OIA

-0.67%

Winner

USMF

+0.76%

OIA

-1.18%

Winner

USMF

+1.22%

OIA

-2.58%

Winner

USMF

+4.03%

Winner

OIA

+11.78%

USMF

+4.08%

5Y(CAGR)

OIA

-1.22%

Winner

USMF

+7.08%

10Y(CAGR)

OIA

+2.34%

Winner

USMF

+10.31%

Max(CAGR)

OIA

+4.82%

Winner

USMF

+10.31%

OIA vs USMF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	OIA	USMF
2026	+4.90%	+5.11%
2025	+6.44%	+4.59%
2024	-4.20%	+19.52%
2023	+7.17%	+13.88%
2022	-17.71%	-8.76%
2021	+6.09%	+22.46%
2020	+4.68%	+11.53%
2019	+17.64%	+24.74%
2018	-8.99%	-4.54%
2017	+17.32%	+11.27%
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 USMF Drawdown Comparison

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

The maximum drawdown for USMF was -36.24%, occurring on Mar 23, 2020. Recovery took 137 trading sessions.

The current OIA drawdown is -6.41%. The current USMF drawdown is -2.04%.

Rank	OIA	USMF
#1	-55.23% May 11, 2007 - Jun 13, 2012	-36.24% Feb 19, 2020 - Sep 2, 2020
#2	-34.85% Aug 30, 2021 - Oct 27, 2023	-19.07% Sep 14, 2018 - Jul 3, 2019
#3	-31.78% Feb 24, 2020 - Dec 31, 2020	-18.11% Jan 4, 2022 - Dec 4, 2023
#4	-22.39% Nov 26, 2012 - Jan 12, 2015	-15.39% Nov 26, 2024 - Sep 11, 2025
#5	-19.90% Sep 6, 2000 - Feb 12, 2001	-8.63% Jan 29, 2018 - Jun 8, 2018
#6	-14.09% Sep 30, 2016 - May 31, 2017	-7.91% Sep 2, 2020 - Oct 13, 2020
#7	-13.06% Sep 10, 2018 - Mar 21, 2019	-6.90% Oct 13, 2020 - Nov 16, 2020
#8	-11.94% Oct 7, 2002 - Jun 11, 2003	-6.46% Sep 29, 2025 - May 8, 2026
#9	-11.02% Nov 5, 1999 - Jul 19, 2000	-5.94% Nov 12, 2021 - Dec 27, 2021
#10	-11.02% Mar 9, 2004 - Oct 6, 2004	-5.63% Mar 28, 2024 - Jul 16, 2024
#11	-10.80% Aug 31, 2001 - Sep 3, 2002	-5.51% Jul 31, 2024 - Aug 16, 2024
#12	-9.53% Nov 7, 2005 - Jan 5, 2006	-5.18% Jul 12, 2019 - Oct 28, 2019
#13	-9.10% Jun 16, 2003 - Mar 8, 2004	-4.99% Feb 12, 2021 - Mar 11, 2021
#14	-8.65% Dec 27, 2017 - Aug 29, 2018	-4.66% Sep 2, 2021 - Oct 22, 2021
#15	-7.54% Apr 12, 2019 - Aug 6, 2019	-4.08% Jun 11, 2021 - Jul 29, 2021

Correlation

Correlation between OIA and USMF is 0.60 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.60

-101

Dividend Comparison (2000 - 2026)

OIA vs USMF dividend yield comparison.

Year	OIA	USMF
2026	3.85%	0.67%
2025	5.81%	1.37%
2024	5.87%	1.22%
2023	5.09%	1.33%
2022	5.68%	1.74%
2021	4.69%	1.42%
2020	4.81%	1.34%
2019	4.88%	1.38%
2018	5.84%	1.45%
2017	5.16%	0.67%
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%