Invesco Income Advantage U.S. Fund (SCAUX) belongs to the Derivative Income category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SCAUX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SCAUX
SCAUX charges 1.05% annually. There are 14 mutual funds in the Derivative Income category with lower expense ratios, going as low as 0.44%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 0.44% | 236.88M | Feb 2016 | SCAUX vs PUTW | |
| USCF Gold Strategy Plus Income Fund | 0.45% | — | Nov 2021 | SCAUX vs USG | |
| JPMorgan Equity Premium Income Fund Class I | 0.63% | — | Aug 2018 | SCAUX vs JEPIX | |
| Shelton Equity Income Fund | 0.72% | — | Sep 1996 | SCAUX vs EQTIX | |
| Cullen Enhanced Equity Income Fund | 0.75% | — | Dec 2015 | SCAUX vs ENHNX |
Best Risk-Adjusted Alternatives to SCAUX
SCAUX has a PortfoliosLab risk / return rank of 71. There are 2 mutual funds in the Derivative Income category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Enhanced Large Cap Core Fund | 85 | — | Apr 2004 | SCAUX vs CII | |
| The Covered Bridge Fund | 82 | — | Sep 2013 | SCAUX vs TCBIX | |
| Virtus Equity & Convertible Income Fund | 70 | — | Feb 2007 | SCAUX vs NIE | |
| WisdomTree Equity Premium Income Fund | 55 | 236.88M | Feb 2016 | SCAUX vs PUTW | |
| Shelton Equity Income Fund | 53 | — | Sep 1996 | SCAUX vs EQTIX |
Top Performing SCAUX Alternatives (YTD)
SCAUX is at 7.77% YTD. There are 10 mutual funds in the Derivative Income category with higher YTD returns, going as high as 17.67%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Catalyst Nasdaq-100 Hedged Equity Fund | 17.67% | — | Dec 2013 | SCAUX vs CLPAX | |
| BlackRock Enhanced Large Cap Core Fund | 11.56% | — | Apr 2004 | SCAUX vs CII | |
| BlackRock ESG Capital Allocation Term Trust | 11.23% | — | Sep 2021 | SCAUX vs ECAT | |
| The Covered Bridge Fund | 11.04% | — | Sep 2013 | SCAUX vs TCBIX | |
| Virtus Equity & Convertible Income Fund | 10.90% | — | Feb 2007 | SCAUX vs NIE |
Lowest Volatility Alternatives to SCAUX
SCAUX has 9.21% 1-year volatility. There are 5 mutual funds in the Derivative Income category with lower 1-year volatility, going as low as 8.34%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Crossmark Steward Covered Call Income Fund | 8.34% | — | Dec 2017 | SCAUX vs SCJIX | |
| JPMorgan Equity Premium Income Fund Class I | 8.54% | — | Aug 2018 | SCAUX vs JEPIX | |
| JPMorgan Equity Premium Income Fund Class A | 8.60% | — | Aug 2018 | SCAUX vs JEPAX | |
| The Covered Bridge Fund | 8.64% | — | Sep 2013 | SCAUX vs TCBIX | |
| WisdomTree Equity Premium Income Fund | 8.86% | 236.88M | Feb 2016 | SCAUX vs PUTW |
Lowest Drawdown Alternatives to SCAUX
SCAUX has a 1-year max drawdown of -7.05%. There are 3 mutual funds in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -4.07%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Madison Covered Call & Equity Income Fund | -4.07% | — | Oct 2009 | SCAUX vs MENYX | |
| The Covered Bridge Fund | -5.26% | — | Sep 2013 | SCAUX vs TCBIX | |
| Cullen Enhanced Equity Income Fund | -6.34% | — | Dec 2015 | SCAUX vs ENHNX | |
| Shelton Equity Income Fund | -7.10% | — | Sep 1996 | SCAUX vs EQTIX | |
| WisdomTree Equity Premium Income Fund | -7.15% | 236.88M | Feb 2016 | SCAUX vs PUTW |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, OPGSX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 76 | 21.57% | — | Oct 2020 | SCAUX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 41 | 9.93% | — | — | SCAUX vs VADAX | |
| Invesco Gold & Special Minerals Fund | Precious Metals | 28 | 3.54% | — | Jul 1983 | SCAUX vs OPGSX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 87 | 23.96% | — | Jun 2001 | SCAUX vs VVOAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 16 | 9.63% | — | Jun 2005 | SCAUX vs VAFAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 59 | 9.14% | — | Oct 1968 | SCAUX vs ACSTX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 41 | 6.01% | — | Feb 1988 | SCAUX vs MSIGX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 89 | 31.33% | — | Jun 1999 | SCAUX vs VSCAX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 67 | 6.02% | — | Aug 1960 | SCAUX vs ACEIX | |
| Invesco Global Fund | Global Equities | 25 | 9.82% | — | Dec 1969 | SCAUX vs OPPAX |
Often Compared With SCAUX
Investors most often compare SCAUX with BMCIX, VADDX, BGY. These 12 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare SCAUX with Any Fund or Stock
Compare SCAUX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SCAUX with funds that move differently
Invesco Income Advantage U.S. Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SCAUX.
Explore SCAUX Diversifiers