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Invesco EQV European Equity Fund (AEDAX)

Mutual Fund · Currency in USD · Last updated May 27, 2023

The investment seeks long-term growth of capital. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities of European issuers, and in derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in equity securities and depositary receipts. The fund may invest in the securities of issuers of all capitalization sizes and may invest a significant amount of its net assets in the securities of small- and mid-capitalization issuers.

Fund Info

ISINUS0088828548
CUSIP008882854
IssuerInvesco
Inception DateNov 2, 1997
CategoryEurope Equities
Minimum Investment$1,000
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

The Invesco EQV European Equity Fund has a high expense ratio of 1.37%, indicating higher-than-average management fees.


1.37%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in Invesco EQV European Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


250.00%300.00%350.00%400.00%450.00%December2023FebruaryMarchAprilMay
449.25%
259.18%
AEDAX (Invesco EQV European Equity Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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Invesco EQV European Equity Fund

Return

Invesco EQV European Equity Fund had a return of 8.18% year-to-date (YTD) and 4.58% in the last 12 months. Over the past 10 years, Invesco EQV European Equity Fund had an annualized return of 2.61%, while the S&P 500 had an annualized return of 9.79%, indicating that Invesco EQV European Equity Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-4.68%0.86%
Year-To-Date8.18%9.53%
6 months7.62%4.45%
1 year4.58%1.14%
5 years (annualized)0.71%9.36%
10 years (annualized)2.61%9.79%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20238.58%-1.05%2.39%3.16%
20227.61%13.48%-1.73%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Invesco EQV European Equity Fund (AEDAX) and S&P 500 (^GSPC). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AEDAX
Invesco EQV European Equity Fund
0.31
^GSPC
S&P 500
0.27

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Invesco EQV European Equity Fund Sharpe ratio is 0.31. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.50December2023FebruaryMarchAprilMay
0.31
0.27
AEDAX (Invesco EQV European Equity Fund)
Benchmark (^GSPC)

Dividend History

Invesco EQV European Equity Fund granted a 6.91% dividend yield in the last twelve months. The annual payout for that period amounted to $2.24 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$2.24$2.24$3.87$0.51$1.02$0.47$0.77$0.53$0.51$2.25$1.19$1.21

Dividend yield

6.91%7.48%10.10%1.53%3.03%1.75%2.31%2.02%1.89%8.46%4.20%5.25%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco EQV European Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.24
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.87
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.51
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.02
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.47
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.77
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.53
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.51
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.25
2013$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.19
2012$1.21

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-26.00%-24.00%-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%December2023FebruaryMarchAprilMay
-18.63%
-12.32%
AEDAX (Invesco EQV European Equity Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Invesco EQV European Equity Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Invesco EQV European Equity Fund is 60.46%, recorded on Mar 9, 2009. It took 1108 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.46%Nov 1, 2007338Mar 9, 20091108Aug 2, 20131446
-58.11%Mar 13, 2000644Oct 9, 2002813Jan 3, 20061457
-40.03%Jan 29, 2018538Mar 18, 2020229Feb 12, 2021767
-38.81%Sep 7, 2021267Sep 27, 2022
-30.25%Jul 21, 199859Oct 9, 1998259Oct 7, 1999318

Volatility Chart

The current Invesco EQV European Equity Fund volatility is 3.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2023FebruaryMarchAprilMay
3.07%
3.82%
AEDAX (Invesco EQV European Equity Fund)
Benchmark (^GSPC)