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

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Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) is up 10.0% since the beginning of the year. VADAX is currently trading at $79 per share. Investors who bought $1,000 worth of VADAX shares 5 years ago would now be looking at an investment worth $1,527.

Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) has returned 9.99% so far this year and 19.83% over the past 12 months. Over the last ten years, VADAX has returned 11.46% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% 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 +0.84%. At this rate, an investment would double in approximately 6.9 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 1.82%, beta of 0.98, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since July 28, 1997.

• This fund captured 103.56% of S&P 500 Index gains but only 96.31% of its losses - a favorable profile for investors.
• 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 43 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

Invesco Equally-Weighted S&P 500 Fund Class A provided a 9.28% 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 1.30%.

The chart below shows the rolling one-month volatility.