VMO vs EPOL

Comparison between Invesco Municipal Opportunity Trust (VMO, ETF) and ISHARES MSCI POLAND ETF (EPOL, ETF).

5-Year PerformanceEPOL has outperformed VMO, delivering a return of +18.1% compared to -0.3%

VMO vs EPOL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VMO(ETF)	EPOL(ETF)
Net Assets	$681M	$679M
Expense Ratio	N/A	0.59%
Max Drawdown	59.97%	72.96%
Sharpe Ratio	1.43	1.12
5Y Beta	0.19	0.93
5Y Dividends CAGR	3.49%	42.72%

Net Assets

Winner

VMO

$681M

EPOL

$679M

Expense Ratio

VMO

N/A

EPOL

0.59%

Max Drawdown

Winner

VMO

59.97%

EPOL

72.96%

Sharpe Ratio

Winner

VMO

1.43

EPOL

1.12

5Y Beta

Winner

VMO

0.19

EPOL

0.93

5Y Dividends CAGR

VMO

3.49%

Winner

EPOL

42.72%

VMO vs EPOL - Historical Returns

Returns include dividend reinvestment.

Period	VMO	EPOL
1 month	-0.09%	+4.98%
3 months	+2.04%	+5.75%
6 months	+4.44%	+15.17%
1 year	+18.12%	+30.84%
5 years(CAGR)	-0.28%	+18.13%
10 years(CAGR)	+1.71%	+12.01%
Max(CAGR)	+5.30%	+6.24%

VMO

-0.09%

Winner

EPOL

+4.98%

VMO

+2.04%

Winner

EPOL

+5.75%

VMO

+4.44%

Winner

EPOL

+15.17%

VMO

+18.12%

Winner

EPOL

+30.84%

5Y(CAGR)

VMO

-0.28%

Winner

EPOL

+18.13%

10Y(CAGR)

VMO

+1.71%

Winner

EPOL

+12.01%

Max(CAGR)

VMO

+5.30%

Winner

EPOL

+6.24%

VMO vs EPOL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VMO	EPOL
2026	+6.09%	+14.85%
2025	+5.81%	+77.05%
2024	+7.97%	+0.73%
2023	+2.47%	+48.48%
2022	-24.59%	-25.75%
2021	+12.34%	+10.36%
2020	+8.49%	-10.95%
2019	+13.99%	-6.51%
2018	-4.38%	-14.69%
2017	+2.74%	+50.60%
2016	+2.27%	+5.51%
2015	+9.28%	-21.92%
2014	+16.12%	-14.73%
2013	-15.83%	+3.11%
2012	+7.92%	+37.01%
2011	+21.08%	-32.38%
2010	+4.57%	+37.32%
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 EPOL Drawdown Comparison

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

The maximum drawdown for EPOL was -63.79%, occurring on Oct 12, 2022. Recovery took 3473 trading sessions.

The current VMO drawdown is -6.53%.

Rank	VMO	EPOL
#1	-50.02% Apr 23, 2007 - Sep 4, 2009	-63.79% Apr 27, 2011 - Feb 18, 2025
#2	-37.68% Jan 3, 2022 - Oct 25, 2023	-15.87% Nov 4, 2010 - Mar 29, 2011
#3	-26.16% Oct 8, 2012 - Dec 10, 2015	-15.81% Mar 18, 2025 - Apr 22, 2025
#4	-25.48% Feb 20, 2020 - Aug 17, 2020	-11.04% Feb 9, 2026 - Apr 9, 2026
#5	-19.84% Dec 3, 2010 - Nov 15, 2011	-10.69% May 27, 2010 - Jun 15, 2010
#6	-19.20% Mar 8, 2004 - Mar 24, 2006	-10.00% Aug 9, 2010 - Sep 14, 2010
#7	-17.50% Jul 8, 2016 - Jul 31, 2019	-8.95% Jun 15, 2010 - Jul 12, 2010
#8	-11.93% Nov 5, 2010 - Dec 3, 2010	-8.16% Aug 13, 2025 - Oct 23, 2025
#9	-11.09% Jun 13, 2003 - Jan 6, 2004	-6.64% Jun 16, 2026 - Jul 14, 2026
#10	-10.05% Oct 6, 2009 - Mar 5, 2010	-6.62% Apr 17, 2026 - Jun 12, 2026
#11	-9.94% Feb 1, 2012 - Jul 5, 2012	-6.57% Oct 28, 2025 - Dec 10, 2025
#12	-9.79% Nov 5, 1999 - Jul 26, 2000	-6.10% Oct 14, 2010 - Nov 2, 2010
#13	-9.37% Oct 3, 2002 - Feb 21, 2003	-5.73% May 28, 2025 - Jun 26, 2025
#14	-8.51% Apr 28, 2006 - Dec 4, 2006	-5.46% Feb 18, 2025 - Mar 5, 2025
#15	-7.13% Feb 15, 2002 - Jun 4, 2002	-5.23% Jul 23, 2025 - Aug 7, 2025

Correlation

Correlation between VMO and EPOL is 0.19 which considered as a very weak or no correlation - the stocks move independently of each other.

0.19

-101

Dividend Comparison (2000 - 2026)

VMO vs EPOL dividend yield comparison.

Year	VMO	EPOL
2026	4.50%	0.73%
2025	7.84%	4.78%
2024	6.44%	6.04%
2023	4.47%	2.87%
2022	5.69%	2.64%
2021	4.64%	1.33%
2020	4.66%	1.44%
2019	4.94%	2.51%
2018	5.95%	1.44%
2017	5.98%	1.88%
2016	6.73%	2.14%
2015	6.33%	2.53%
2014	6.12%	3.44%
2013	7.43%	3.28%
2012	7.03%	3.11%
2011	7.13%	5.75%
2010	7.91%	1.08%
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%