VMO vs CTEF

Comparison between Invesco Municipal Opportunity Trust (VMO, ETF) and CASTELLAN TARGETED EQUITY ETF (CTEF, ETF).

VMO vs CTEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VMO(ETF)	CTEF(ETF)
Net Assets	$681M	$679M
Expense Ratio	N/A	0.45%
Max Drawdown	59.97%	15.00%
Sharpe Ratio	1.43	2.17
5Y Beta	0.19	1.48
P/E Ratio	N/A	19.06
Forward P/E	N/A	14.29
PEG Ratio	N/A	0.15
5Y Dividends CAGR	3.49%	N/A
5Y EPS CAGR	N/A	60.94%
Debt to Equity	N/A	89.68%
P/S Ratio	N/A	2.03
P/B Ratio	N/A	5.88

Net Assets

Winner

VMO

$681M

CTEF

$679M

Expense Ratio

VMO

N/A

CTEF

0.45%

Max Drawdown

VMO

59.97%

Winner

CTEF

15.00%

Sharpe Ratio

VMO

1.43

Winner

CTEF

2.17

5Y Beta

Winner

VMO

0.19

CTEF

1.48

P/E Ratio

VMO

N/A

CTEF

19.06

Forward P/E

VMO

N/A

CTEF

14.29

PEG Ratio

VMO

N/A

CTEF

0.15

5Y Dividends CAGR

VMO

3.49%

CTEF

N/A

5Y EPS CAGR

VMO

N/A

CTEF

60.94%

Debt to Equity

VMO

N/A

CTEF

89.68%

P/S Ratio

VMO

N/A

CTEF

2.03

P/B Ratio

VMO

N/A

CTEF

5.88

VMO vs CTEF - Historical Returns

Returns include dividend reinvestment.

Period	VMO	CTEF
1 month	-0.09%	-3.41%
3 months	+2.04%	+16.93%
6 months	+4.44%	+29.50%
1 year	+18.12%	+68.15%
5 years(CAGR)	-0.28%	N/A
10 years(CAGR)	+1.71%	N/A
Max(CAGR)	+5.30%	+72.04%

Winner

VMO

-0.09%

CTEF

-3.41%

VMO

+2.04%

Winner

CTEF

+16.93%

VMO

+4.44%

Winner

CTEF

+29.50%

VMO

+18.12%

Winner

CTEF

+68.15%

5Y(CAGR)

VMO

-0.28%

CTEF

N/A

10Y(CAGR)

VMO

+1.71%

CTEF

N/A

Max(CAGR)

VMO

+5.30%

Winner

CTEF

+72.04%

VMO vs CTEF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VMO	CTEF
2026	+6.09%	+32.81%
2025	+5.81%	+33.22%
2024	+7.97%	N/A
2023	+2.47%	N/A
2022	-24.59%	N/A
2021	+12.34%	N/A
2020	+8.49%	N/A
2019	+13.99%	N/A
2018	-4.38%	N/A
2017	+2.74%	N/A
2016	+2.27%	N/A
2015	+9.28%	N/A
2014	+16.12%	N/A
2013	-15.83%	N/A
2012	+7.92%	N/A
2011	+21.08%	N/A
2010	+4.57%	N/A
2009	+45.00%	N/A
2008	-28.05%	N/A
2007	-3.14%	N/A
2006	+12.22%	N/A
2005	+7.50%	N/A
2004	-5.69%	N/A
2003	+13.75%	N/A
2002	+13.87%	N/A
2001	+13.09%	N/A
2000	+13.93%	N/A
1999	-4.09%	N/A

VMO vs CTEF Drawdown Comparison

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

The maximum drawdown for CTEF was -15.00%, occurring on Mar 30, 2026. Recovery took 33 trading sessions.

The current VMO drawdown is -6.53%. The current CTEF drawdown is -4.08%.

Rank	VMO	CTEF
#1	-50.02% Apr 23, 2007 - Sep 4, 2009	-15.00% Feb 25, 2026 - Apr 14, 2026
#2	-37.68% Jan 3, 2022 - Oct 25, 2023	-6.99% Nov 10, 2025 - Dec 10, 2025
#3	-26.16% Oct 8, 2012 - Dec 10, 2015	-6.05% Jun 30, 2026 - Jul 17, 2026
#4	-25.48% Feb 20, 2020 - Aug 17, 2020	-5.33% Oct 1, 2025 - Oct 24, 2025
#5	-19.84% Dec 3, 2010 - Nov 15, 2011	-4.97% May 14, 2026 - May 26, 2026
#6	-19.20% Mar 8, 2004 - Mar 24, 2006	-4.01% Dec 11, 2025 - Dec 22, 2025
#7	-17.50% Jul 8, 2016 - Jul 31, 2019	-3.39% Jan 29, 2026 - Feb 6, 2026
#8	-11.93% Nov 5, 2010 - Dec 3, 2010	-3.30% Jun 2, 2026 - Jun 11, 2026
#9	-11.09% Jun 13, 2003 - Jan 6, 2004	-2.51% Jun 22, 2026 - Jun 30, 2026
#10	-10.05% Oct 6, 2009 - Mar 5, 2010	-2.49% Dec 24, 2025 - Jan 5, 2026
#11	-9.94% Feb 1, 2012 - Jul 5, 2012	-2.27% Sep 22, 2025 - Sep 30, 2025
#12	-9.79% Nov 5, 1999 - Jul 26, 2000	-2.23% Apr 20, 2026 - May 1, 2026
#13	-9.37% Oct 3, 2002 - Feb 21, 2003	-2.05% Oct 27, 2025 - Nov 10, 2025
#14	-8.51% Apr 28, 2006 - Dec 4, 2006	-2.04% Jan 6, 2026 - Jan 21, 2026
#15	-7.13% Feb 15, 2002 - Jun 4, 2002	-1.85% Aug 28, 2025 - Sep 4, 2025

Correlation

Correlation between VMO and CTEF is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2000 - 2026)

VMO vs CTEF dividend yield comparison.

Year	VMO	CTEF
2026	4.50%	0.00%
2025	7.84%	0.08%
2024	6.44%	0.00%
2023	4.47%	0.00%
2022	5.69%	0.00%
2021	4.64%	0.00%
2020	4.66%	0.00%
2019	4.94%	0.00%
2018	5.95%	0.00%
2017	5.98%	0.00%
2016	6.73%	0.00%
2015	6.33%	0.00%
2014	6.12%	0.00%
2013	7.43%	0.00%
2012	7.03%	0.00%
2011	7.13%	0.00%
2010	7.91%	0.00%
2009	6.78%	0.00%
2008	8.60%	0.00%
2007	5.55%	0.00%
2006	5.17%	0.00%
2005	8.69%	0.00%
2004	7.20%	0.00%
2003	8.66%	0.00%
2002	9.81%	0.00%
2001	7.59%	0.00%
2000	2.56%	0.00%