Invesco Discovery Fund (OPOCX)
The investment seeks capital appreciation. The fund mainly invests in common stocks of U.S. companies that the portfolio managers believe have favorable growth prospects. It emphasizes stocks of small-capitalization (or "small-cap") companies, which are defined as those issuers that are at the time of purchase within the range of market capitalizations of the Russell 2000 Growth Index. A company's "market capitalization" is the value of its outstanding common stock and the determination whether the company is small-, mid- or large-cap is based on the company's market capitalization relative to that of other companies.
Fund Info
| ISIN | US00141G6668 |
|---|---|
| CUSIP | 00141G666 |
| Issuer | Invesco |
| Inception Date | Sep 11, 1986 |
| Category | Small Cap Growth Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Growth |
Expense Ratio
OPOCX has a high expense ratio of 1.01%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: OPOCX vs. DSCGX, OPOCX vs. FXAIX, OPOCX vs. VSCIX, OPOCX vs. AIVSX, OPOCX vs. WFDDX, OPOCX vs. SPY, OPOCX vs. OBMCX, OPOCX vs. VOOG, OPOCX vs. VBK, OPOCX vs. VTSAX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco Discovery Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco Discovery Fund had a return of 30.69% year-to-date (YTD) and 50.47% in the last 12 months. Over the past 10 years, Invesco Discovery Fund had an annualized return of 3.73%, while the S&P 500 had an annualized return of 11.37%, indicating that Invesco Discovery Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 30.69% | 25.23% |
| 1 month | 8.08% | 3.86% |
| 6 months | 17.33% | 14.56% |
| 1 year | 50.47% | 36.29% |
| 5 years (annualized) | 6.25% | 14.10% |
| 10 years (annualized) | 3.73% | 11.37% |
Monthly Returns
The table below presents the monthly returns of OPOCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.48% | 10.87% | 2.23% | -5.02% | 3.49% | 1.64% | 2.69% | 1.82% | 2.80% | -2.05% | 30.69% | ||
| 2023 | 7.53% | -0.49% | -0.82% | -0.61% | -1.83% | 9.50% | 1.60% | -2.16% | -6.36% | -6.98% | 9.55% | 8.79% | 17.02% |
| 2022 | -16.19% | -0.61% | 0.77% | -11.88% | -4.08% | -7.85% | 11.71% | -0.63% | -7.54% | 9.13% | 2.05% | -8.02% | -31.26% |
| 2021 | 1.31% | 5.77% | -3.52% | 5.74% | -3.09% | 3.30% | 0.35% | 3.42% | -1.93% | 8.72% | -5.23% | -17.27% | -5.05% |
| 2020 | 3.63% | -5.79% | -13.90% | 16.62% | 10.75% | 3.60% | 7.87% | 2.35% | -1.57% | 2.38% | 11.56% | -3.54% | 34.66% |
| 2019 | 11.47% | 7.36% | -0.47% | 3.70% | -2.30% | 8.28% | 3.91% | -2.35% | -5.46% | 0.81% | 7.56% | -5.43% | 28.52% |
| 2018 | 4.53% | -1.46% | 1.00% | -0.48% | 7.87% | 0.17% | 1.52% | 8.58% | -0.89% | -11.86% | 0.92% | -24.84% | -18.27% |
| 2017 | 4.28% | 2.24% | 1.99% | 2.44% | 1.47% | 1.14% | 1.30% | -0.20% | 4.43% | 3.73% | 3.10% | -11.32% | 14.47% |
| 2016 | -9.55% | -2.01% | 6.28% | 1.61% | 2.73% | 2.30% | 4.18% | 0.37% | -0.01% | -5.12% | 6.06% | -5.55% | -0.04% |
| 2015 | -1.79% | 7.51% | 1.74% | -3.57% | 4.90% | 2.35% | 3.26% | -8.23% | -4.58% | 3.80% | 1.57% | -9.84% | -4.41% |
| 2014 | -1.60% | 5.17% | -5.68% | -8.75% | -0.35% | 7.43% | -6.17% | 4.74% | -3.20% | 5.18% | 0.96% | -7.72% | -11.11% |
| 2013 | 5.81% | 0.24% | 5.04% | -0.93% | 4.75% | 0.78% | 8.07% | 1.43% | 6.10% | 2.37% | 2.46% | -4.71% | 35.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of OPOCX is 54, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco Discovery Fund (OPOCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Discovery Fund. 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 was 71.60%, occurring on Oct 9, 2002. Recovery took 3992 trading sessions.
The current Invesco Discovery Fund drawdown is 20.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -71.6% | Mar 13, 2000 | 644 | Oct 9, 2002 | 3992 | Aug 24, 2018 | 4636 |
| -53.07% | Nov 9, 2021 | 152 | Jun 16, 2022 | — | — | — |
| -39.97% | Sep 17, 2018 | 378 | Mar 18, 2020 | 87 | Jul 22, 2020 | 465 |
| -39.87% | Apr 22, 1998 | 122 | Oct 8, 1998 | 300 | Dec 2, 1999 | 422 |
| -34.58% | Oct 6, 1987 | 15 | Oct 26, 1987 | 405 | May 15, 1989 | 420 |
Volatility
Volatility Chart
The current Invesco Discovery Fund volatility is 6.96%, 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.