VMO vs. SPHQ
Compare and contrast key facts about Invesco Municipal Opportunity Trust (VMO) and Invesco S&P 500® Quality ETF (SPHQ).
SPHQ is a passively managed fund by Invesco that tracks the performance of the S&P 500 High Quality Rankings Index. It was launched on Dec 6, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMO or SPHQ.
Correlation
The correlation between VMO and SPHQ is 0.15, 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. SPHQ - Performance Comparison
Loading data...
Key characteristics
VMO:
0.51
SPHQ:
0.94
VMO:
0.72
SPHQ:
1.47
VMO:
1.09
SPHQ:
1.21
VMO:
0.21
SPHQ:
1.03
VMO:
1.48
SPHQ:
4.24
VMO:
3.27%
SPHQ:
4.02%
VMO:
10.95%
SPHQ:
17.47%
VMO:
-50.09%
SPHQ:
-57.83%
VMO:
-18.31%
SPHQ:
-2.43%
Returns By Period
In the year-to-date period, VMO achieves a -0.95% return, which is significantly lower than SPHQ's 3.67% return. Over the past 10 years, VMO has underperformed SPHQ with an annualized return of 2.55%, while SPHQ has yielded a comparatively higher 13.20% annualized return.
VMO
-0.95%
4.46%
-1.32%
5.49%
1.74%
2.55%
SPHQ
3.67%
9.46%
1.93%
16.40%
17.54%
13.20%
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. SPHQ — Risk-Adjusted Performance Rank
VMO
SPHQ
VMO vs. SPHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Municipal Opportunity Trust (VMO) and Invesco S&P 500® Quality ETF (SPHQ). 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.
Loading data...
Dividends
VMO vs. SPHQ - Dividend Comparison
VMO's dividend yield for the trailing twelve months is around 7.74%, more than SPHQ's 1.11% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMO Invesco Municipal Opportunity Trust | 7.74% | 6.44% | 4.47% | 5.69% | 4.64% | 4.66% | 4.94% | 5.94% | 5.98% | 6.73% | 6.33% | 6.12% |
SPHQ Invesco S&P 500® Quality ETF | 1.11% | 1.15% | 1.43% | 1.85% | 1.19% | 1.56% | 1.50% | 1.86% | 1.57% | 1.68% | 2.29% | 1.66% |
Drawdowns
VMO vs. SPHQ - Drawdown Comparison
The maximum VMO drawdown since its inception was -50.09%, smaller than the maximum SPHQ drawdown of -57.83%. Use the drawdown chart below to compare losses from any high point for VMO and SPHQ. For additional features, visit the drawdowns tool.
Loading data...
Volatility
VMO vs. SPHQ - Volatility Comparison
The current volatility for Invesco Municipal Opportunity Trust (VMO) is 3.76%, while Invesco S&P 500® Quality ETF (SPHQ) has a volatility of 5.33%. This indicates that VMO experiences smaller price fluctuations and is considered to be less risky than SPHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...