Invesco Equally-Weighted S&P 500 Fund (VADDX) 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 VADDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VADDX
VADDX charges 0.27% annually. There are 15 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 | VADDX vs BSPGX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | VADDX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 349.70B | Jul 1997 | VADDX vs VIIIX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | VADDX vs FXAIX | |
| Schwab S&P 500 Index Fund | 0.02% | 144.34B | May 1997 | VADDX vs SWPPX |
Best Risk-Adjusted Alternatives to VADDX
VADDX has a PortfoliosLab risk / return rank of 66. No mutual funds in the S&P 500 category have higher risk-adjusted ranks; the top alternatives shown here go as high as 59.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 500 Index Fund | 59 | — | Feb 1988 | VADDX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 59 | 349.70B | Jul 1997 | VADDX vs VIIIX | |
| State Street Equity 500 Index Fund Class K | 59 | — | Sep 2014 | VADDX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Sh... | 59 | 349.70B | Jul 1990 | VADDX vs VINIX | |
| Vanguard 500 Index Fund Admiral Shares | 59 | 1.70T | Nov 2000 | VADDX vs VFIAX |
Top Performing VADDX Alternatives (YTD)
VADDX is at 13.07% YTD. There is 1 mutual fund in the S&P 500 category with a higher YTD return, going as high as 13.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 13.73% | — | May 2006 | VADDX vs DXSLX | |
| Fidelity 500 Index Fund | 10.13% | — | Feb 1988 | VADDX vs FXAIX | |
| Victory 500 Index Fund | 10.13% | — | May 2002 | VADDX vs USPRX | |
| iShares S&P 500 Index Fund Class G | 10.12% | — | Jul 2019 | VADDX vs BSPGX | |
| Vanguard Institutional Index Fund Institutional Pl... | 10.12% | 349.70B | Jul 1997 | VADDX vs VIIIX |
Lowest Volatility Alternatives to VADDX
VADDX has 11.77% 1-year volatility. There is 1 mutual fund in the S&P 500 category with lower 1-year volatility, going as low as 11.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 11.33% | — | Sep 2017 | VADDX vs KNGLX | |
| Shelton Capital Management S&P 500 Index Fund | 12.81% | — | Apr 1992 | VADDX vs SPFIX | |
| CYBER HORNET S&P 500 | 12.84% | — | Mar 2017 | VADDX vs INDEX | |
| Principal LargeCap S&P 500 Index Fund Class A | 12.85% | — | Feb 2001 | VADDX vs PLSAX | |
| iShares S&P 500 Index Fund Class K | 12.86% | — | Jul 1993 | VADDX vs WFSPX |
Lowest Drawdown Alternatives to VADDX
VADDX has a 1-year max drawdown of -7.88%. No mutual funds in the S&P 500 category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -8.88%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | VADDX vs SSSYX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | VADDX vs FXAIX | |
| Schwab S&P 500 Index Fund | -8.89% | 144.34B | May 1997 | VADDX vs SWPPX | |
| iShares S&P 500 Index Fund Class K | -8.90% | — | Jul 1993 | VADDX vs WFSPX | |
| iShares S&P 500 Index Fund Class G | -8.90% | — | Jul 2019 | VADDX vs BSPGX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, OPGSX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 36 | 12.16% | — | Oct 2020 | VADDX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 65 | 12.90% | — | Jul 1997 | VADDX vs VADAX | |
| Invesco Gold & Special Minerals Fund | Gold, Precious Metals | 27 | -11.62% | — | Jul 1983 | VADDX vs OPGSX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 8 | 3.77% | — | Jun 2005 | VADDX vs VAFAX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 70 | 14.99% | — | Jun 2001 | VADDX vs VVOAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 84 | 13.00% | — | Oct 1968 | VADDX vs ACSTX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 76 | 22.92% | — | Jun 1999 | VADDX vs VSCAX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 32 | 6.96% | — | Feb 1988 | VADDX vs MSIGX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 76 | 7.85% | — | Aug 1960 | VADDX vs ACEIX | |
| Invesco Global Fund | Global Equities | 15 | 3.45% | — | Dec 1969 | VADDX vs OPPAX |
Often Compared With VADDX
Investors most often compare VADDX with VOO, ^SPXEW, SPY. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare VADDX with Any Fund or Stock
Compare VADDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VADDX with funds that move differently
Invesco Equally-Weighted S&P 500 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VADDX.
Explore VADDX Diversifiers