VMO vs. MINDX
Compare and contrast key facts about Invesco Municipal Opportunity Trust (VMO) and Matthews India Fund (MINDX).
MINDX is managed by Matthews Asia Funds. It was launched on Oct 30, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMO or MINDX.
Key characteristics
VMO | MINDX | |
---|---|---|
YTD Return | 11.49% | 19.80% |
1Y Return | 24.31% | 28.44% |
3Y Return (Ann) | -5.12% | 8.16% |
5Y Return (Ann) | 1.20% | 13.78% |
10Y Return (Ann) | 3.59% | 8.53% |
Sharpe Ratio | 2.11 | 1.86 |
Daily Std Dev | 11.46% | 15.24% |
Max Drawdown | -50.11% | -72.18% |
Current Drawdown | -14.65% | -0.44% |
Correlation
The correlation between VMO and MINDX 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. MINDX - Performance Comparison
In the year-to-date period, VMO achieves a 11.49% return, which is significantly lower than MINDX's 19.80% return. Over the past 10 years, VMO has underperformed MINDX with an annualized return of 3.59%, while MINDX has yielded a comparatively higher 8.53% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
VMO vs. MINDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Municipal Opportunity Trust (VMO) and Matthews India Fund (MINDX). 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. MINDX - Dividend Comparison
VMO's dividend yield for the trailing twelve months is around 5.27%, more than MINDX's 2.56% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Invesco Municipal Opportunity Trust | 5.27% | 4.47% | 5.69% | 4.64% | 4.66% | 4.94% | 5.94% | 5.98% | 6.73% | 6.33% | 6.12% | 7.43% |
Matthews India Fund | 2.56% | 3.07% | 15.30% | 10.02% | 3.03% | 12.04% | 16.50% | 0.00% | 0.00% | 0.99% | 0.72% | 1.20% |
Drawdowns
VMO vs. MINDX - Drawdown Comparison
The maximum VMO drawdown since its inception was -50.11%, smaller than the maximum MINDX drawdown of -72.18%. Use the drawdown chart below to compare losses from any high point for VMO and MINDX. For additional features, visit the drawdowns tool.
Volatility
VMO vs. MINDX - Volatility Comparison
The current volatility for Invesco Municipal Opportunity Trust (VMO) is 1.64%, while Matthews India Fund (MINDX) has a volatility of 2.81%. This indicates that VMO experiences smaller price fluctuations and is considered to be less risky than MINDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.