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.
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
Key characteristics
VMO:
0.75
MINDX:
0.02
VMO:
1.14
MINDX:
0.16
VMO:
1.14
MINDX:
1.03
VMO:
0.29
MINDX:
0.02
VMO:
3.55
MINDX:
0.10
VMO:
2.10%
MINDX:
4.17%
VMO:
9.97%
MINDX:
21.76%
VMO:
-50.09%
MINDX:
-74.48%
VMO:
-18.82%
MINDX:
-26.28%
Returns By Period
In the year-to-date period, VMO achieves a 6.02% return, which is significantly higher than MINDX's -2.81% return. Over the past 10 years, VMO has outperformed MINDX with an annualized return of 2.70%, while MINDX has yielded a comparatively lower 0.06% annualized return.
VMO
6.02%
-2.42%
-0.75%
7.47%
0.03%
2.70%
MINDX
-2.81%
-11.92%
-12.44%
-1.04%
2.36%
0.06%
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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 6.60%, while MINDX has not paid dividends to shareholders.
| 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% |
MINDX Matthews India Fund | 0.00% | 1.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.17% | 1.11% |
Drawdowns
VMO vs. MINDX - Drawdown Comparison
The maximum VMO drawdown since its inception was -50.09%, smaller than the maximum MINDX drawdown of -74.48%. 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 3.27%, while Matthews India Fund (MINDX) has a volatility of 16.16%. 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.