VMO vs. IEMG
Compare and contrast key facts about Invesco Municipal Opportunity Trust (VMO) and iShares Core MSCI Emerging Markets ETF (IEMG).
IEMG is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Investable Market Index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMO or IEMG.
Correlation
The correlation between VMO and IEMG is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VMO vs. IEMG - Performance Comparison
Key characteristics
VMO:
0.75
IEMG:
0.76
VMO:
1.14
IEMG:
1.15
VMO:
1.14
IEMG:
1.14
VMO:
0.29
IEMG:
0.45
VMO:
3.55
IEMG:
3.02
VMO:
2.10%
IEMG:
3.80%
VMO:
9.97%
IEMG:
15.07%
VMO:
-50.09%
IEMG:
-38.71%
VMO:
-18.82%
IEMG:
-14.91%
Returns By Period
In the year-to-date period, VMO achieves a 6.02% return, which is significantly lower than IEMG's 7.43% return. Over the past 10 years, VMO has underperformed IEMG with an annualized return of 2.70%, while IEMG has yielded a comparatively higher 3.95% annualized return.
VMO
6.02%
-2.42%
-0.75%
7.47%
0.03%
2.70%
IEMG
7.43%
-0.85%
0.41%
9.36%
2.51%
3.95%
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Risk-Adjusted Performance
VMO vs. IEMG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Municipal Opportunity Trust (VMO) and iShares Core MSCI Emerging Markets ETF (IEMG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
VMO vs. IEMG - Dividend Comparison
VMO's dividend yield for the trailing twelve months is around 6.60%, more than IEMG's 3.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMO Invesco Municipal Opportunity Trust | 6.60% | 4.48% | 5.70% | 4.64% | 4.66% | 4.94% | 5.90% | 5.98% | 6.72% | 6.32% | 6.12% | 7.43% |
IEMG iShares Core MSCI Emerging Markets ETF | 3.17% | 2.89% | 2.70% | 3.06% | 1.87% | 3.15% | 2.76% | 2.34% | 2.28% | 2.52% | 2.30% | 1.76% |
Drawdowns
VMO vs. IEMG - Drawdown Comparison
The maximum VMO drawdown since its inception was -50.09%, which is greater than IEMG's maximum drawdown of -38.71%. Use the drawdown chart below to compare losses from any high point for VMO and IEMG. For additional features, visit the drawdowns tool.
Volatility
VMO vs. IEMG - Volatility Comparison
The current volatility for Invesco Municipal Opportunity Trust (VMO) is 3.27%, while iShares Core MSCI Emerging Markets ETF (IEMG) has a volatility of 3.74%. This indicates that VMO experiences smaller price fluctuations and is considered to be less risky than IEMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.