VMO vs. IIM
Compare and contrast key facts about Invesco Municipal Opportunity Trust (VMO) and Invesco Value Municipal Income Trust (IIM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMO or IIM.
Correlation
The correlation between VMO and IIM is 0.11, 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. IIM - Performance Comparison
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Key characteristics
VMO:
0.46
IIM:
0.93
VMO:
0.84
IIM:
1.46
VMO:
1.11
IIM:
1.19
VMO:
0.25
IIM:
0.45
VMO:
1.77
IIM:
3.25
VMO:
3.24%
IIM:
3.26%
VMO:
10.95%
IIM:
10.71%
VMO:
-50.09%
IIM:
-40.15%
VMO:
-18.14%
IIM:
-14.55%
Fundamentals
VMO:
$633.94M
IIM:
$566.70M
VMO:
$0.36
IIM:
$0.45
VMO:
26.11
IIM:
26.76
VMO:
0.00
IIM:
0.00
VMO:
11.93
IIM:
12.83
VMO:
0.88
IIM:
0.91
VMO:
$25.70M
IIM:
$20.99M
VMO:
$22.09M
IIM:
$18.12M
VMO:
$28.06M
IIM:
$23.73M
Returns By Period
In the year-to-date period, VMO achieves a -0.74% return, which is significantly lower than IIM's 3.89% return. Over the past 10 years, VMO has underperformed IIM with an annualized return of 2.62%, while IIM has yielded a comparatively higher 2.76% annualized return.
VMO
-0.74%
4.69%
-2.30%
5.50%
1.51%
2.62%
IIM
3.89%
7.16%
-0.18%
10.42%
2.36%
2.76%
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Risk-Adjusted Performance
VMO vs. IIM — Risk-Adjusted Performance Rank
VMO
IIM
VMO vs. IIM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Municipal Opportunity Trust (VMO) and Invesco Value Municipal Income Trust (IIM). 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.
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Dividends
VMO vs. IIM - Dividend Comparison
VMO's dividend yield for the trailing twelve months is around 7.72%, more than IIM's 7.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMO Invesco Municipal Opportunity Trust | 7.72% | 6.44% | 4.47% | 5.69% | 4.64% | 4.66% | 4.94% | 5.94% | 5.98% | 6.73% | 6.33% | 6.12% |
IIM Invesco Value Municipal Income Trust | 7.46% | 6.58% | 4.72% | 5.87% | 4.51% | 4.48% | 4.61% | 5.43% | 4.99% | 5.52% | 5.20% | 5.49% |
Drawdowns
VMO vs. IIM - Drawdown Comparison
The maximum VMO drawdown since its inception was -50.09%, which is greater than IIM's maximum drawdown of -40.15%. Use the drawdown chart below to compare losses from any high point for VMO and IIM. For additional features, visit the drawdowns tool.
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Volatility
VMO vs. IIM - Volatility Comparison
Invesco Municipal Opportunity Trust (VMO) has a higher volatility of 4.18% compared to Invesco Value Municipal Income Trust (IIM) at 3.61%. This indicates that VMO's price experiences larger fluctuations and is considered to be riskier than IIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
VMO vs. IIM - Financials Comparison
This section allows you to compare key financial metrics between Invesco Municipal Opportunity Trust and Invesco Value Municipal Income Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities