SETM vs VMO

Comparison between SPROTT CRITICAL MATERIALS ETF (SETM, ETF) and Invesco Municipal Opportunity Trust (VMO, ETF).

SETM vs VMO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SETM(ETF)	VMO(ETF)
Net Assets	$676M	$674M
Expense Ratio	0.65%	N/A
Max Drawdown	43.83%	59.97%
Sharpe Ratio	1.68	1.48
5Y Beta	1.40	0.20
5Y Dividends CAGR	N/A	3.65%

Net Assets

Winner

SETM

$676M

VMO

$674M

Expense Ratio

SETM

0.65%

VMO

N/A

Max Drawdown

Winner

SETM

43.83%

VMO

59.97%

Sharpe Ratio

Winner

SETM

1.68

VMO

1.48

5Y Beta

SETM

1.40

Winner

VMO

0.20

5Y Dividends CAGR

SETM

N/A

VMO

3.65%

SETM vs VMO - Historical Returns

Returns include dividend reinvestment.

Period	SETM	VMO
1 month	-1.36%	+5.33%
3 months	+7.09%	+3.73%
6 months	+24.01%	+7.16%
1 year	+100.70%	+18.92%
5 years(CAGR)	N/A	-0.25%
10 years(CAGR)	N/A	+1.95%
Max(CAGR)	+18.56%	+5.36%

SETM

-1.36%

Winner

VMO

+5.33%

Winner

SETM

+7.09%

VMO

+3.73%

Winner

SETM

+24.01%

VMO

+7.16%

Winner

SETM

+100.70%

VMO

+18.92%

5Y(CAGR)

SETM

N/A

VMO

-0.25%

10Y(CAGR)

SETM

N/A

VMO

+1.95%

Max(CAGR)

Winner

SETM

+18.56%

VMO

+5.36%

SETM vs VMO - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SETM	VMO
2026	+13.20%	+7.27%
2025	+89.36%	+5.81%
2024	-11.77%	+7.97%
2023	-11.13%	+2.47%
2022	N/A	-24.59%
2021	N/A	+12.34%
2020	N/A	+8.49%
2019	N/A	+13.99%
2018	N/A	-4.38%
2017	N/A	+2.74%
2016	N/A	+2.27%
2015	N/A	+9.28%
2014	N/A	+16.12%
2013	N/A	-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%

SETM vs VMO Drawdown Comparison

The maximum drawdown for SETM was -42.80%, occurring on Apr 8, 2025. Recovery took 292 trading sessions.

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

The current SETM drawdown is -14.07%. The current VMO drawdown is -5.49%.

Rank	SETM	VMO
#1	-42.80% May 20, 2024 - Jul 22, 2025	-50.02% Apr 23, 2007 - Sep 4, 2009
#2	-25.85% Jan 28, 2026 - Mar 20, 2026	-37.68% Jan 3, 2022 - Oct 25, 2023
#3	-22.62% Feb 2, 2023 - May 17, 2024	-26.16% Oct 8, 2012 - Dec 10, 2015
#4	-18.60% Oct 14, 2025 - Dec 22, 2025	-25.48% Feb 20, 2020 - Aug 17, 2020
#5	-11.43% Jul 22, 2025 - Aug 11, 2025	-19.84% Dec 3, 2010 - Nov 15, 2011
#6	-6.36% Aug 18, 2025 - Aug 26, 2025	-19.20% Mar 8, 2004 - Mar 24, 2006
#7	-3.92% Dec 26, 2025 - Jan 2, 2026	-17.50% Jul 8, 2016 - Jul 31, 2019
#8	-3.02% Oct 9, 2025 - Oct 13, 2025	-11.93% Nov 5, 2010 - Dec 3, 2010
#9	-3.00% Sep 8, 2025 - Sep 15, 2025	-11.09% Jun 13, 2003 - Jan 6, 2004
#10	-2.20% Sep 15, 2025 - Sep 19, 2025	-10.05% Oct 6, 2009 - Mar 5, 2010
#11	-1.89% Jan 6, 2026 - Jan 9, 2026	-9.94% Feb 1, 2012 - Jul 5, 2012
#12	-1.55% Aug 29, 2025 - Sep 5, 2025	-9.79% Nov 5, 1999 - Jul 26, 2000
#13	-0.95% Sep 29, 2025 - Oct 2, 2025	-9.37% Oct 3, 2002 - Feb 21, 2003
#14	-0.89% Aug 12, 2025 - Aug 15, 2025	-8.51% Apr 28, 2006 - Dec 4, 2006
#15	-0.76% Sep 25, 2025 - Sep 29, 2025	-7.13% Feb 15, 2002 - Jun 4, 2002

Correlation

Correlation between SETM and VMO is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (2000 - 2026)

SETM vs VMO dividend yield comparison.

Year	SETM	VMO
2026	0.00%	3.79%
2025	1.56%	7.84%
2024	2.07%	6.44%
2023	2.47%	4.47%
2022	0.00%	5.69%
2021	0.00%	4.64%
2020	0.00%	4.66%
2019	0.00%	4.94%
2018	0.00%	5.95%
2017	0.00%	5.98%
2016	0.00%	6.73%
2015	0.00%	6.33%
2014	0.00%	6.12%
2013	0.00%	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%