VMO vs DWM

Comparison between Invesco Municipal Opportunity Trust (VMO, ETF) and WISDOMTREE INTERNATIONAL EQUITY FUND (DWM, ETF).

5-Year PerformanceDWM has outperformed VMO, delivering a return of +10.1% compared to -0.4%

VMO vs DWM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VMO(ETF)	DWM(ETF)
Net Assets	$674M	$678M
Expense Ratio	N/A	0.48%
Max Drawdown	59.97%	64.27%
Sharpe Ratio	1.48	1.24
5Y Beta	0.20	0.64
5Y Dividends CAGR	3.64%	8.84%

Net Assets

VMO

$674M

Winner

DWM

$678M

Expense Ratio

VMO

N/A

DWM

0.48%

Max Drawdown

Winner

VMO

59.97%

DWM

64.27%

Sharpe Ratio

Winner

VMO

1.48

DWM

1.24

5Y Beta

Winner

VMO

0.20

DWM

0.64

5Y Dividends CAGR

VMO

3.64%

Winner

DWM

8.84%

VMO vs DWM - Historical Returns

Returns include dividend reinvestment.

Period	VMO	DWM
1 month	+3.38%	+0.84%
3 months	+4.29%	+8.26%
6 months	+6.07%	+9.37%
1 year	+17.06%	+22.47%
5 years(CAGR)	-0.39%	+10.13%
10 years(CAGR)	+1.74%	+8.65%
Max(CAGR)	+5.32%	+5.69%

Winner

VMO

+3.38%

DWM

+0.84%

VMO

+4.29%

Winner

DWM

+8.26%

VMO

+6.07%

Winner

DWM

+9.37%

VMO

+17.06%

Winner

DWM

+22.47%

5Y(CAGR)

VMO

-0.39%

Winner

DWM

+10.13%

10Y(CAGR)

VMO

+1.74%

Winner

DWM

+8.65%

Max(CAGR)

VMO

+5.32%

Winner

DWM

+5.69%

VMO vs DWM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VMO	DWM
2026	+6.18%	+7.77%
2025	+5.81%	+35.07%
2024	+7.97%	+5.13%
2023	+2.47%	+15.88%
2022	-24.59%	-9.48%
2021	+12.34%	+10.16%
2020	+8.49%	-3.06%
2019	+13.99%	+18.95%
2018	-4.38%	-14.21%
2017	+2.74%	+23.46%
2016	+2.27%	+4.57%
2015	+9.28%	-2.76%
2014	+16.12%	-2.92%
2013	-15.83%	+19.68%
2012	+7.92%	+14.58%
2011	+21.08%	-10.59%
2010	+4.57%	+2.37%
2009	+45.00%	+24.72%
2008	-28.05%	-41.62%
2007	-3.14%	+13.30%
2006	+12.22%	+23.89%
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 DWM Drawdown Comparison

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

The maximum drawdown for DWM was -62.06%, occurring on Mar 9, 2009. Recovery took 1659 trading sessions.

The current VMO drawdown is -6.45%. The current DWM drawdown is -1.63%.

Rank	VMO	DWM
#1	-50.02% Apr 23, 2007 - Sep 4, 2009	-62.06% Oct 31, 2007 - Jun 6, 2014
#2	-37.68% Jan 3, 2022 - Oct 25, 2023	-37.81% Jan 26, 2018 - Apr 5, 2021
#3	-26.16% Oct 8, 2012 - Dec 10, 2015	-25.67% Jan 12, 2022 - Jul 31, 2023
#4	-25.48% Feb 20, 2020 - Aug 17, 2020	-23.37% Jul 3, 2014 - May 5, 2017
#5	-19.84% Dec 3, 2010 - Nov 15, 2011	-13.52% Jul 12, 2007 - Oct 1, 2007
#6	-19.20% Mar 8, 2004 - Mar 24, 2006	-12.69% Mar 19, 2025 - Apr 24, 2025
#7	-17.50% Jul 8, 2016 - Jul 31, 2019	-10.93% Feb 25, 2026 - Mar 20, 2026
#8	-11.93% Nov 5, 2010 - Dec 3, 2010	-9.61% Jul 31, 2023 - Dec 13, 2023
#9	-11.09% Jun 13, 2003 - Jan 6, 2004	-9.57% Sep 26, 2024 - Mar 5, 2025
#10	-10.05% Oct 6, 2009 - Mar 5, 2010	-7.80% Feb 26, 2007 - Apr 3, 2007
#11	-9.94% Feb 1, 2012 - Jul 5, 2012	-7.58% Sep 3, 2021 - Jan 12, 2022
#12	-9.79% Nov 5, 1999 - Jul 26, 2000	-6.63% Jul 12, 2024 - Aug 19, 2024
#13	-9.37% Oct 3, 2002 - Feb 21, 2003	-6.37% Jul 3, 2006 - Jul 28, 2006
#14	-8.51% Apr 28, 2006 - Dec 4, 2006	-4.76% Nov 12, 2025 - Dec 10, 2025
#15	-7.13% Feb 15, 2002 - Jun 4, 2002	-4.47% Mar 27, 2024 - May 7, 2024

Correlation

Correlation between VMO and DWM is 0.74 which considered as a strong positive correlation - the stocks tend to move together.

0.74

-101

Dividend Comparison (2000 - 2026)

VMO vs DWM dividend yield comparison.

Year	VMO	DWM
2026	3.83%	0.22%
2025	7.84%	3.06%
2024	6.44%	3.86%
2023	4.47%	4.15%
2022	5.69%	4.36%
2021	4.64%	3.64%
2020	4.66%	2.74%
2019	4.94%	3.46%
2018	5.95%	3.86%
2017	5.98%	2.99%
2016	6.73%	3.43%
2015	6.33%	3.55%
2014	6.12%	4.71%
2013	7.43%	3.29%
2012	7.03%	3.52%
2011	7.13%	4.58%
2010	7.91%	3.23%
2009	6.78%	4.48%
2008	8.60%	4.56%
2007	5.55%	1.32%
2006	5.17%	0.38%
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%