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Invesco EQV European Equity Fund (AEDAX) Sharpe Ratio: 2.08

Mutual Fund · Currency in USD · Last updated Aug 1, 2026

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.

AEDAX's Sharpe Ratio of 2.08 indicates that for each unit of volatility, it generates 2.08 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Aug 1, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

AEDAX Sharpe Ratio Rank

AEDAX Sharpe Ratio Rank: 85.485
Exceptional

AEDAX ranks above 85.4% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

AEDAX Sharpe Ratio Market Positioning

The chart shows AEDAX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.93 or lower
  • Yellow zone (middle 50%): 0.93 to 1.81
  • Green zone (top 25%): 1.81 or higher
  • Top 1%: 3.74+
  • Median: 1.45 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Invesco EQV European Equity Fund's Sharpe Ratio with other mutual funds in the Europe Equities category across multiple time periods, showing how AEDAX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Aug 1, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
DSEUXDoubleLine Shiller Enhanced International CAPE2.60
UEPIXProFunds Europe 30 Fund2.39
AEDAXInvesco EQV European Equity Fund2.08
MEURXFranklin Mutual European Fund1.71
CMIUXSix Circles Managed Equity Portfolio International Unconstrained Fund1.63
VEUPXVanguard European Stock Index Fund Institutional Plus Shares1.48
VESIXVanguard European Stock Index Fund Institutional Shares1.48
VEUSXVanguard European Stock Index Fund Admiral Shares1.48
VEURXVanguard European Stock Index Fund1.47
CEEThe Central and Eastern Europe Fund1.44
Benchmark

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Time Period

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Historical Sharpe Ratio

The chart shows AEDAX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when AEDAX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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