Invesco S&P 500 Index A (SPIAX) belongs to the S&P 500 category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SPIAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPIAX
SPIAX charges 0.54% annually. There are 28 mutual funds in the S&P 500 category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares S&P 500 Index Fund Class G | 0.01% | — | Jul 2019 | SPIAX vs BSPGX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 355.20B | Jul 1997 | SPIAX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 145.69B | May 1997 | SPIAX vs SWPPX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | SPIAX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | SPIAX vs SSSYX |
Best Risk-Adjusted Alternatives to SPIAX
SPIAX has a PortfoliosLab risk / return rank of 62. There are 24 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 66.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust S&P 500 Index ... | 66 | — | Dec 2013 | SPIAX vs SPINX | |
| Principal Large Cap S&P 500 Index Fund Institution... | 65 | — | Mar 2001 | SPIAX vs PLFIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 65 | 355.20B | Jul 1997 | SPIAX vs VIIIX | |
| iShares S&P 500 Index Fund Class G | 65 | — | Jul 2019 | SPIAX vs BSPGX | |
| Vanguard Institutional Index Fund Institutional Sh... | 65 | 355.20B | Jul 1990 | SPIAX vs VINIX |
Top Performing SPIAX Alternatives (YTD)
SPIAX is at 11.04% YTD. There are 28 mutual funds in the S&P 500 category with higher YTD returns, going as high as 16.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 16.23% | — | May 2006 | SPIAX vs DXSLX | |
| Invesco Equally-Weighted S&P 500 Fund | 12.75% | — | Jul 1997 | SPIAX vs VADDX | |
| Victory 500 Index Fund | 11.49% | — | May 2002 | SPIAX vs USPRX | |
| Schwab S&P 500 Index Fund | 11.35% | 145.69B | May 1997 | SPIAX vs SWPPX | |
| iShares S&P 500 Index Fund Class G | 11.34% | — | Jul 2019 | SPIAX vs BSPGX |
Lowest Volatility Alternatives to SPIAX
SPIAX has 12.56% 1-year volatility. There are 30 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 11.05%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 11.05% | — | Sep 2017 | SPIAX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.84% | — | Jul 1997 | SPIAX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.46% | — | Apr 1992 | SPIAX vs SPFIX | |
| CYBER HORNET S&P 500 | 12.49% | — | Mar 2017 | SPIAX vs INDEX | |
| Principal LargeCap S&P 500 Index Fund Class A | 12.49% | — | Feb 2001 | SPIAX vs PLSAX |
Lowest Drawdown Alternatives to SPIAX
SPIAX has a 1-year max drawdown of -8.97%. There are 24 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.88%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | SPIAX vs VADDX | |
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | SPIAX vs SSSYX | |
| Schwab S&P 500 Index Fund | -8.89% | 145.69B | May 1997 | SPIAX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | SPIAX vs FXAIX | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | -8.90% | — | Sep 2017 | SPIAX vs KNGLX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, VAFAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 59 | 18.33% | — | Oct 2020 | SPIAX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 44 | 12.58% | — | — | SPIAX vs VADAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 12 | 8.27% | — | Jun 2005 | SPIAX vs VAFAX | |
| Invesco Gold & Special Minerals Fund | Gold, Precious Metals | 25 | -10.19% | — | Jul 1983 | SPIAX vs OPGSX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 80 | 20.03% | — | Jun 2001 | SPIAX vs VVOAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 68 | 12.28% | — | Oct 1968 | SPIAX vs ACSTX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 35 | 7.85% | — | Feb 1988 | SPIAX vs MSIGX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 79 | 27.70% | — | Jun 1999 | SPIAX vs VSCAX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 66 | 7.57% | — | Aug 1960 | SPIAX vs ACEIX | |
| Invesco Global Fund | Global Equities | 19 | 8.22% | — | Dec 1969 | SPIAX vs OPPAX |
Often Compared With SPIAX
Investors most often compare SPIAX with BSPIX, VOO, SCPIX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare SPIAX with Any Fund or Stock
Compare SPIAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPIAX with funds that move differently
Invesco S&P 500 Index A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPIAX.
Explore SPIAX Diversifiers