VMO vs ISCF

Comparison between Invesco Municipal Opportunity Trust (VMO, ETF) and ISHARES INTERNATIONAL SMALL-CAP EQUITY FACTOR ETF (ISCF, ETF).

5-Year PerformanceISCF has outperformed VMO, delivering a return of +8.4% compared to -1.0%

VMO vs ISCF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VMO(ETF)	ISCF(ETF)
Net Assets	$658M	$658M
Expense Ratio	N/A	0.24%
Max Drawdown	59.97%	43.64%
Sharpe Ratio	1.17	0.91
5Y Beta	0.19	0.71
5Y Dividends CAGR	4.97%	14.89%

Net Assets

Winner

VMO

$658M

ISCF

$658M

Expense Ratio

VMO

N/A

ISCF

0.24%

Max Drawdown

VMO

59.97%

Winner

ISCF

43.64%

Sharpe Ratio

Winner

VMO

1.17

ISCF

0.91

5Y Beta

Winner

VMO

0.19

ISCF

0.71

5Y Dividends CAGR

VMO

4.97%

Winner

ISCF

14.89%

VMO vs ISCF - Historical Returns

Returns include dividend reinvestment.

Period	VMO	ISCF
1 month	+2.42%	+5.84%
3 months	+3.09%	+4.16%
6 months	+1.62%	+3.27%
1 year	+14.70%	+19.02%
5 years(CAGR)	-0.96%	+8.37%
10 years(CAGR)	+1.62%	+9.61%
Max(CAGR)	+5.32%	+8.87%

VMO

+2.42%

Winner

ISCF

+5.84%

VMO

+3.09%

Winner

ISCF

+4.16%

VMO

+1.62%

Winner

ISCF

+3.27%

VMO

+14.70%

Winner

ISCF

+19.02%

5Y(CAGR)

VMO

-0.96%

Winner

ISCF

+8.37%

10Y(CAGR)

VMO

+1.62%

Winner

ISCF

+9.61%

Max(CAGR)

VMO

+5.32%

Winner

ISCF

+8.87%

VMO vs ISCF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VMO	ISCF
2026	+7.21%	+12.70%
2025	+5.81%	+34.44%
2024	+7.97%	+6.29%
2023	+2.47%	+11.76%
2022	-24.59%	-15.12%
2021	+12.34%	+12.61%
2020	+8.49%	+6.63%
2019	+13.99%	+26.29%
2018	-4.38%	-19.49%
2017	+2.74%	+37.47%
2016	+2.27%	-1.26%
2015	+9.28%	+1.67%
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 ISCF Drawdown Comparison

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

The maximum drawdown for ISCF was -40.80%, occurring on Mar 23, 2020. Recovery took 720 trading sessions.

The current VMO drawdown is -5.54%.

Rank	VMO	ISCF
#1	-50.02% Apr 23, 2007 - Sep 4, 2009	-40.80% Jan 26, 2018 - Dec 4, 2020
#2	-37.68% Jan 3, 2022 - Oct 25, 2023	-30.65% Sep 3, 2021 - Sep 19, 2024
#3	-26.16% Oct 8, 2012 - Dec 10, 2015	-17.18% Jul 9, 2015 - Sep 26, 2016
#4	-25.48% Feb 20, 2020 - Aug 17, 2020	-13.25% Mar 19, 2025 - Apr 24, 2025
#5	-19.84% Dec 3, 2010 - Nov 15, 2011	-11.34% Feb 26, 2026 - Aug 4, 2026
#6	-19.20% Mar 8, 2004 - Mar 24, 2006	-9.19% Sep 26, 2024 - Mar 17, 2025
#7	-17.50% Jul 8, 2016 - Jul 31, 2019	-7.97% Sep 28, 2016 - Feb 3, 2017
#8	-11.93% Nov 5, 2010 - Dec 3, 2010	-6.33% Oct 6, 2025 - Dec 11, 2025
#9	-11.09% Jun 13, 2003 - Jan 6, 2004	-6.17% May 22, 2015 - Jul 9, 2015
#10	-10.05% Oct 6, 2009 - Mar 5, 2010	-4.82% Feb 16, 2021 - Mar 17, 2021
#11	-9.94% Feb 1, 2012 - Jul 5, 2012	-4.11% Jun 14, 2021 - Jul 26, 2021
#12	-9.79% Nov 5, 1999 - Jul 26, 2000	-3.92% May 7, 2021 - May 28, 2021
#13	-9.37% Oct 3, 2002 - Feb 21, 2003	-3.53% Jul 23, 2025 - Aug 12, 2025
#14	-8.51% Apr 28, 2006 - Dec 4, 2006	-3.10% Jan 21, 2021 - Feb 5, 2021
#15	-7.13% Feb 15, 2002 - Jun 4, 2002	-3.09% Aug 3, 2021 - Aug 30, 2021

Correlation

Correlation between VMO and ISCF is 0.67 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.67

-101

Dividend Comparison (2000 - 2026)

VMO vs ISCF dividend yield comparison.

Year	VMO	ISCF
2026	5.12%	1.78%
2025	7.84%	3.76%
2024	6.44%	4.29%
2023	4.47%	3.94%
2022	5.69%	2.73%
2021	4.64%	3.93%
2020	4.66%	2.30%
2019	4.94%	2.87%
2018	5.95%	2.14%
2017	5.98%	1.97%
2016	6.73%	2.89%
2015	6.33%	1.46%
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%