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CUSIP
00142J628
Issuer
Invesco
Inception Date
Sep 26, 1997
Category
S&P 500
Index Tracked
S&P 500
Distribution Policy
Distributing
Asset Class
Equity

Share Price Chart


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Performance

SPIAX Performance Chart

Invesco S&P 500 Index A (SPIAX) is up 9.9% since the beginning of the year. SPIAX is currently trading at $79 per share. Investors who bought $1,000 worth of SPIAX shares 5 years ago would now be looking at an investment worth $1,884.


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S&P 500 Index

Returns By Period

Invesco S&P 500 Index A (SPIAX) has returned 9.93% so far this year and 26.58% over the past 12 months. Looking at the last ten years, SPIAX has achieved an annualized return of 14.97%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.


Invesco S&P 500 Index A

1D
1.08%
1M
0.42%
YTD
9.93%
6M
9.41%
1Y
26.58%
3Y*
20.35%
5Y*
13.50%
10Y*
14.97%

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPIAX Monthly Returns History

Based on dividend-adjusted daily data since Jan 2, 1998, SPIAX's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, an investment would double in approximately 7.2 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +12.8%, while the worst month was Oct 2008 at -16.9%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SPIAX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +11.6%, while the worst single day was Mar 16, 2020 at -12.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.41%-0.81%-5.01%10.45%5.21%-0.99%9.93%
20252.73%-1.35%-5.68%-0.76%6.25%5.05%2.20%1.97%3.62%2.30%0.19%0.03%17.23%
20241.63%5.28%3.18%-4.12%4.90%3.55%1.18%2.38%2.09%-0.95%5.83%-2.43%24.34%
20236.23%-2.47%3.60%1.54%0.39%6.55%3.18%-1.64%-4.81%-2.15%9.08%4.50%25.63%
2022-5.22%-3.03%3.66%-8.76%0.14%-8.29%9.16%-4.12%-9.25%8.04%5.54%-5.81%-18.56%
2021-1.05%2.71%4.33%5.29%0.65%2.29%2.33%3.00%-4.69%6.96%-0.73%4.40%27.99%

Benchmark Metrics

Invesco S&P 500 Index A has an annualized alpha of 1.24%, beta of 1.00, and R2 of 1.00 versus S&P 500 Index. Calculated based on daily prices since January 02, 1998.

  • This fund captured 103.76% of S&P 500 Index gains but only 97.91% of its losses - a favorable profile for investors.
  • With beta of 1.00 and R2 of 1.00, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
1.24%
Beta
1.00
1.00
Upside Capture
103.76%
Downside Capture
97.91%

Expense Ratio

SPIAX has an expense ratio of 0.54%, placing it in the medium range.


Return for Risk

Risk / Return Rank

SPIAX ranks 63 for risk / return — better than 63% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


SPIAX Risk / Return Rank: 6363
Overall Rank
SPIAX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
SPIAX Sortino Ratio Rank: 5656
Sortino Ratio Rank
SPIAX Omega Ratio Rank: 5757
Omega Ratio Rank
SPIAX Calmar Ratio Rank: 6565
Calmar Ratio Rank
SPIAX Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Invesco S&P 500 Index A (SPIAX) 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.


SPIAXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.09

Sortino ratioReturn per unit of downside risk

+0.12

Omega ratioGain probability vs. loss probability

1.38

1.37

+0.02

Calmar ratioReturn relative to maximum drawdown

2.96

2.78

+0.17

Martin ratioReturn relative to average drawdown

13.30

12.44

+0.86

Dividends

Dividend History

Invesco S&P 500 Index A provided a 0.92% dividend yield over the last twelve months, with an annual payout of $0.73 per share. The fund has been increasing its distributions for 3 consecutive years.


1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.80$1.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.73$0.73$0.67$0.52$0.43$0.96$0.50$0.66$0.69$0.37$0.31$0.34

Dividend yield

0.92%1.01%1.08%1.04%1.07%1.90%1.26%1.93%2.59%1.28%1.28%1.53%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco S&P 500 Index A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$0.73$0.73
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.67$0.67
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.52$0.52
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.43$0.43
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.96$0.96

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 S&P 500 Index A. 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 S&P 500 Index A was 55.47%, occurring on Mar 9, 2009. Recovery took 884 trading sessions.

The current Invesco S&P 500 Index A drawdown is 1.39%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-55.47%Mar 2009
1y 5mo3y 6mo
4y 11moOct 2007 - Sep 2012
Dot-com crash2000–2002
-48.25%Oct 2002
2y 6mo4y 3mo
6y 9moMar 2000 - Jan 2007
COVID crash2020
-33.84%Mar 2020
1mo 2d4mo 22d
5mo 24dFeb 2020 - Aug 2020
Bear market2022
-24.81%Oct 2022
9mo 11d1y 2mo
1y 11moJan 2022 - Dec 2023
Rate-hike selloffLate 2018
-19.53%Dec 2018
3mo 4d3mo 29d
7mo 3dSep 2018 - Apr 2019

Drawdown Indicators


SPIAXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-55.47%

-56.78%

+1.31%

Max Drawdown (1Y)

Largest decline over 1 year

-8.97%

-9.10%

+0.13%

Max Drawdown (3Y)

Largest decline over 3 years

-18.84%

-18.90%

+0.06%

Max Drawdown (5Y)

Largest decline over 5 years

-24.81%

-25.43%

+0.62%

Max Drawdown (10Y)

Largest decline over 10 years

-33.84%

-33.92%

+0.08%

Current Drawdown

Current decline from peak

-1.39%

-1.80%

+0.41%

Average Drawdown

Average peak-to-trough decline

-10.77%

-10.71%

-0.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.99%

2.03%

-0.04%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with SPIAX

Add Invesco S&P 500 Index A to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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