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Invesco Equally-Weighted S&P 500 Fund (VADDX) Sharpe Ratio: 1.68

Mutual Fund · Currency in USD · Last updated Jun 5, 2026

The fund invests, under normal circumstances, all, or substantially all, of its assets in assets in common stocks represented in the S&P 500 Equal Weight Index, and in derivatives and other instruments that have economic characteristics similar to such securities. The index is an equal-weighted version of the S&P 500 Index, which is a well-known stock market index that includes common stocks of 500 companies representing the large-capitalization segment of the U.S. equity market. The fund can invest in derivative instruments including futures contracts.

VADDX's Sharpe Ratio of 1.68 indicates that for each unit of volatility, it generates 1.68 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 5, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

VADDX Sharpe Ratio Rank

VADDX Sharpe Ratio Rank: 33.834
Below Average

VADDX ranks above 33.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

VADDX Sharpe Ratio Market Positioning

The chart shows VADDX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.37 or lower
  • Yellow zone (middle 50%): 1.37 to 2.45
  • Green zone (top 25%): 2.45 or higher
  • Top 1%: 4.60+
  • Median: 2.01 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Invesco Equally-Weighted S&P 500 Fund's Sharpe Ratio with other mutual funds in the S&P 500 category across multiple time periods, showing how VADDX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 5, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FXAIXFidelity 500 Index Fund2.37
VIIIXVanguard Institutional Index Fund Institutional Plus Shares2.37
SPINXSEI Institutional Investments Trust S&P 500 Index Fund2.37
VINIXVanguard Institutional Index Fund Institutional Shares2.37
BSPGXiShares S&P 500 Index Fund Class G2.37
VFIAXVanguard 500 Index Fund Admiral Shares2.37
PLFIXPrincipal Large Cap S&P 500 Index Fund Institutional2.37
WFSPXiShares S&P 500 Index Fund2.37
SWPPXSchwab S&P 500 Index Fund2.36
DSPIXBNY Mellon Institutional S&P 500 Stock Index Fund2.36
VADDXInvesco Equally-Weighted S&P 500 Fund1.68

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows VADDX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when VADDX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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