VMO vs SETM

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

VMO vs SETM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

VMO

$674M

Winner

SETM

$676M

Expense Ratio

VMO

N/A

SETM

0.65%

Max Drawdown

VMO

59.97%

Winner

SETM

43.83%

Sharpe Ratio

VMO

1.48

Winner

SETM

1.68

5Y Beta

Winner

VMO

0.20

SETM

1.40

5Y Dividends CAGR

VMO

3.65%

SETM

N/A

VMO vs SETM - Historical Returns

Returns include dividend reinvestment.

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

Winner

VMO

+5.33%

SETM

-1.36%

VMO

+3.73%

Winner

SETM

+7.09%

VMO

+7.16%

Winner

SETM

+24.01%

VMO

+18.92%

Winner

SETM

+100.70%

5Y(CAGR)

VMO

-0.25%

SETM

N/A

10Y(CAGR)

VMO

+1.95%

SETM

N/A

Max(CAGR)

VMO

+5.36%

Winner

SETM

+18.56%

VMO vs SETM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VMO	SETM
2026	+7.27%	+13.20%
2025	+5.81%	+89.36%
2024	+7.97%	-11.77%
2023	+2.47%	-11.13%
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 SETM Drawdown Comparison

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

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

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

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

Correlation

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

0.71

-101

Dividend Comparison (2000 - 2026)

VMO vs SETM dividend yield comparison.

Year	VMO	SETM
2026	3.79%	0.00%
2025	7.84%	1.56%
2024	6.44%	2.07%
2023	4.47%	2.47%
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%