- Issuer
- Invesco
- Inception Date
- Jan 27, 2012
- Category
- Small Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Min. Investment
- $1,000,000
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
ODIIX Performance Chart
Invesco Discovery Fund Class R6 (ODIIX) is up 37.0% since the beginning of the year. ODIIX is currently trading at $183 per share. Investors who bought $1,000 worth of ODIIX shares 5 years ago would now be looking at an investment worth $1,761.
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Returns By Period
Invesco Discovery Fund Class R6 (ODIIX) has returned 36.95% so far this year and 62.06% over the past 12 months. Looking at the last ten years, ODIIX has achieved an annualized return of 17.47%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Invesco Discovery Fund Class R6
- 1D
- 2.48%
- 1M
- 7.08%
- YTD
- 36.95%
- 6M
- 32.90%
- 1Y
- 62.06%
- 3Y*
- 28.11%
- 5Y*
- 11.98%
- 10Y*
- 17.47%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
ODIIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 27, 2012, ODIIX's average daily return is +0.07%, while the average monthly return is +1.36%. At this rate, an investment would double in approximately 4.3 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +16.7%, while the worst month was Jan 2022 at -16.2%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.
On a daily basis, ODIIX closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +10.1%, while the worst single day was Mar 16, 2020 at -14.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.69% | 3.40% | -6.12% | 16.04% | 4.71% | 5.85% | 36.95% | ||||||
| 2025 | 4.03% | -8.42% | -7.71% | 1.80% | 7.66% | 7.04% | 0.77% | 3.29% | 3.72% | 3.71% | 0.93% | 0.50% | 17.14% |
| 2024 | -0.45% | 10.91% | 2.26% | -4.98% | 3.50% | 1.67% | 2.72% | 1.86% | 2.82% | -2.01% | 12.42% | -8.03% | 23.04% |
| 2023 | 7.57% | -0.47% | -0.78% | -0.59% | -1.80% | 9.53% | 1.64% | -2.14% | -6.33% | -6.94% | 9.57% | 8.83% | 17.46% |
| 2022 | -16.17% | -0.57% | 0.81% | -11.85% | -4.04% | -7.83% | 11.75% | -0.61% | -7.50% | 9.16% | 2.08% | -8.00% | -31.00% |
| 2021 | 1.35% | 5.80% | -3.50% | 5.78% | -3.06% | 3.35% | 0.38% | 3.45% | -1.89% | 8.75% | -5.21% | 0.18% | 15.37% |
Benchmark Metrics
Invesco Discovery Fund Class R6 has an annualized alpha of 1.51%, beta of 1.18, and R2 of 0.72 versus S&P 500 Index. Calculated based on daily prices since January 27, 2012.
- This fund captured 111.76% of S&P 500 Index gains but only 99.47% of its losses - a favorable profile for investors.
- Alpha
- 1.51%
- Beta
- 1.18
- R²
- 0.72
- Upside Capture
- 111.76%
- Downside Capture
- 99.47%
Expense Ratio
ODIIX has an expense ratio of 0.65%, placing it in the medium range.
Return for Risk
Risk / Return Rank
ODIIX ranks 87 for risk / return — in the top 87% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco Discovery Fund Class R6 (ODIIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ODIIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.37 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 6.19 | 2.78 | +3.41 |
| Martin ratioReturn relative to average drawdown | 24.12 | 12.44 | +11.68 |
Dividends
Dividend History
Invesco Discovery Fund Class R6 provided a 7.26% dividend yield over the last twelve months, with an annual payout of $13.27 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $13.27 | $13.27 | $6.62 | $0.00 | $0.00 | $21.35 | $12.31 | $5.23 | $11.95 | $9.66 | $2.93 | $4.64 |
Dividend yield | 7.26% | 9.94% | 5.27% | 0.00% | 0.00% | 16.15% | 9.22% | 5.40% | 16.05% | 10.90% | 3.86% | 6.15% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Discovery Fund Class R6. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $13.27 | $13.27 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.62 | $6.62 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $21.35 | $21.35 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Discovery Fund Class R6. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco Discovery Fund Class R6 was 43.06%, occurring on Jun 16, 2022. Recovery took 815 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -43.06%Jun 2022 | 7mo 9d | 3y 3mo | 3y 10moNov 2021 - Sep 2025 |
COVID crash2020 | -36.17%Mar 2020 | 27d | 3mo 6d | 4mo 3dFeb 2020 - Jun 2020 |
Rate-hike selloffLate 2018 | -29.17%Dec 2018 | 3mo 8d | 5mo 27d | 9mo 5dSep 2018 - Jun 2019 |
2016 bear market2016 | -28.90%Feb 2016 | 6mo 21d | 1y 7d | 1y 6moJul 2015 - Feb 2017 |
2014 bear market2014 | -20.12%Oct 2014 | 7mo 12d | 5mo 4d | 1y 11dMar 2014 - Mar 2015 |
Drawdown Indicators
| ODIIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.06% | -56.78% | +13.72% |
Max Drawdown (1Y)Largest decline over 1 year | -11.36% | -9.10% | -2.26% |
Max Drawdown (3Y)Largest decline over 3 years | -28.52% | -18.90% | -9.62% |
Max Drawdown (5Y)Largest decline over 5 years | -43.06% | -25.43% | -17.63% |
Max Drawdown (10Y)Largest decline over 10 years | -43.06% | -33.92% | -9.14% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -10.13% | -10.71% | +0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 2.03% | +0.76% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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