AADAX vs. FXAIX
Compare and contrast key facts about Invesco Select Risk: Growth Investor Fund (AADAX) and Fidelity 500 Index Fund (FXAIX).
AADAX is managed by Invesco. It was launched on Apr 29, 2004. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AADAX or FXAIX.
Key characteristics
| AADAX | FXAIX | |
|---|---|---|
| YTD Return | 2.58% | 6.64% |
| 1Y Return | 10.98% | 25.73% |
| 3Y Return (Ann) | -0.15% | 8.17% |
| 5Y Return (Ann) | 5.10% | 13.34% |
| 10Y Return (Ann) | 5.01% | 12.54% |
| Sharpe Ratio | 1.16 | 2.13 |
| Daily Std Dev | 9.32% | 11.67% |
| Max Drawdown | -55.88% | -33.79% |
| Current Drawdown | -7.01% | -3.54% |
Correlation
The correlation between AADAX and FXAIX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AADAX vs. FXAIX - Performance Comparison
In the year-to-date period, AADAX achieves a 2.58% return, which is significantly lower than FXAIX's 6.64% return. Over the past 10 years, AADAX has underperformed FXAIX with an annualized return of 5.01%, while FXAIX has yielded a comparatively higher 12.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AADAX vs. FXAIX - Expense Ratio Comparison
AADAX has a 0.43% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
AADAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Select Risk: Growth Investor Fund (AADAX) and Fidelity 500 Index Fund (FXAIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AADAX vs. FXAIX - Dividend Comparison
AADAX's dividend yield for the trailing twelve months is around 2.03%, more than FXAIX's 1.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AADAX Invesco Select Risk: Growth Investor Fund | 2.03% | 2.08% | 5.87% | 6.35% | 11.65% | 9.73% | 2.44% | 1.83% | 1.13% | 1.59% | 1.78% | 1.53% |
FXAIX Fidelity 500 Index Fund | 1.37% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
AADAX vs. FXAIX - Drawdown Comparison
The maximum AADAX drawdown since its inception was -55.88%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for AADAX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
AADAX vs. FXAIX - Volatility Comparison
The current volatility for Invesco Select Risk: Growth Investor Fund (AADAX) is 3.20%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.04%. This indicates that AADAX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.