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Invesco Global Fund (OPPAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 25, 2026

The investment seeks capital appreciation. The fund invests mainly in common stock of U.S. and foreign companies. It can invest without limit in foreign securities and can invest in any country, including countries with developing or emerging markets. However, the fund currently emphasizes its investments in developed markets such as the United States, Western European countries and Japan. It does not limit its investments to companies in a particular capitalization range, but primarily invests in mid- and large-cap companies. The fund normally will invest in at least three countries (one of which may be the United States).

Looking to diversify beyond OPPAX? The mutual funds below have the lowest correlation with OPPAX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from OPPAX.

Best Diversifiers for OPPAX

24 mutual funds have low correlation with OPPAX (below 0.3), 8 of which are negatively correlated. The least correlated is Invesco SteelPath MLP Alpha Plus Fund Class R5 (SPMPX) (Energy Equities) with a 1Y correlation of -0.07, down from 0.31 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SPMPX
Invesco SteelPath MLP Alpha Plus Fund Class R5-0.070.190.31
54
Energy EquitiesOPPAX vs SPMPX
MLPAX
Invesco SteelPath MLP Alpha Fund Class A-0.070.200.31
51
MLPsOPPAX vs MLPAX
MLPOX
Invesco SteelPath MLP Alpha Fund-0.060.200.31
53
Energy EquitiesOPPAX vs MLPOX
MLPLX
Invesco SteelPath MLP Alpha Plus Fund Class A-0.050.200.31
52
MLPsOPPAX vs MLPLX
MLPDX
Invesco SteelPath MLP Income Fund Class A-0.020.210.32
57
MLPsOPPAX vs MLPDX
See all 86 diversifiers for OPPAX

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