PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Invesco EQV Asia Pacific Equity Fund (ASIAX) Sharpe Ratio: 2.26

Mutual Fund · Currency in USD · Last updated Jun 23, 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 issuers in the Asia Pacific region (except Japanese 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. The fund's common stock investments also include China-A shares.

ASIAX's Sharpe Ratio of 2.26 indicates that for each unit of volatility, it generates 2.26 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 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.

ASIAX Sharpe Ratio Rank

ASIAX Sharpe Ratio Rank: 71.471
Above Average

ASIAX ranks above 71.4% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. 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

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

ASIAX Sharpe Ratio Market Positioning

The chart shows ASIAX'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%): 1.33 or lower
  • Yellow zone (middle 50%): 1.33 to 2.32
  • Green zone (top 25%): 2.32 or higher
  • Top 1%: 4.32+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Invesco EQV Asia Pacific Equity Fund's Sharpe Ratio with other mutual funds in the Asia Pacific Equities category across multiple time periods, showing how ASIAX'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 Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
MATFXMatthews Asia Innovators Fund4.15
MGSEXAMG Veritas Asia Pacific Fund3.31
FIQPXFidelity Advisor Emerging Asia Fund Class Z3.19
FSEAXFidelity Emerging Asia Fund3.18
FERIXFidelity Advisor Emerging Asia Fund Class I3.18
FEAAXFidelity Advisor Emerging Asia Fund Class A3.16
FEATXFidelity Advisor Emerging Asia Fund Class M3.14
MAPTXMatthews Pacific Tiger Fund3.11
FERCXFidelity Advisor Emerging Asia Fund Class C3.10
MASGXMatthews Asia ESG Fund3.02
ASIAXInvesco EQV Asia Pacific Equity Fund2.26

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows ASIAX'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 ASIAX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does ASIAX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio