Invesco Equally-Weighted S&P 500 Fund Class A (VADAX)

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The chart shows the growth of an initial investment of $10,000 in Invesco Equally-Weighted S&P 500 Fund Class A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) has returned -1.47% so far this year and 10.07% over the past 12 months. Over the last ten years, VADAX has returned 10.47% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jul 28, 1997, VADAX's average daily return is +0.04%, while the average monthly return is +0.82%. At this rate, your investment would double in approximately 7.1 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2009 with a return of +18.7%, while the worst month was Oct 2008 at -21.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, VADAX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +11.5%, while the worst single day was Mar 16, 2020 at -12.4%.

Invesco Equally-Weighted S&P 500 Fund Class A has an annualized alpha of 2.01%, beta of 0.98, and R² of 0.92 versus S&P 500 Index. Calculated based on daily prices since July 29, 1997.

• This fund captured 104.74% of S&P 500 Index gains but only 96.47% of its losses — a favorable profile for investors.
• This fund generated an annualized alpha of 2.01% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.98 and R² of 0.92, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

VADAX has an expense ratio of 0.52%, placing it in the medium range.

VADAX ranks 25 for risk / return — below 25% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) and compare them to a chosen benchmark (S&P 500 Index).

Invesco Equally-Weighted S&P 500 Fund Class A provided a 10.36% dividend yield over the last twelve months, with an annual payout of $7.35 per share. The fund has been increasing its distributions for 2 consecutive years.

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

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.

The table below displays the maximum drawdowns of the Invesco Equally-Weighted S&P 500 Fund Class 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 Equally-Weighted S&P 500 Fund Class A was 60.27%, occurring on Mar 9, 2009. Recovery took 488 trading sessions.

The current Invesco Equally-Weighted S&P 500 Fund Class A drawdown is 7.89%.

The chart below shows the rolling one-month volatility.