AADAX vs. NQ=F

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco Select Risk: Growth Investor Fund (AADAX) and E-Mini Nasdaq 100 Futures (NQ=F).

AADAX is managed by Invesco. It was launched on Apr 29, 2004.

Performance

AADAX vs. NQ=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Select Risk: Growth Investor Fund (AADAX) and E-Mini Nasdaq 100 Futures (NQ=F). The values are adjusted to include any dividend payments, if applicable.

AADAX vs. NQ=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AADAX Invesco Select Risk: Growth Investor Fund	-0.84%	15.52%	9.61%	13.38%	-18.74%	13.66%	11.79%	20.63%	-8.29%	15.76%
NQ=F E-Mini Nasdaq 100 Futures	-4.99%	19.93%	24.69%	54.45%	-32.46%	26.66%	47.22%	38.20%	-1.18%	31.76%

Returns By Period

In the year-to-date period, AADAX achieves a -0.84% return, which is significantly higher than NQ=F's -4.99% return. Over the past 10 years, AADAX has underperformed NQ=F with an annualized return of 7.26%, while NQ=F has yielded a comparatively higher 18.24% annualized return.

AADAX

• 1D: 2.48%
• 1M: -4.77%
• YTD: -0.84%
• 6M: 1.46%
• 1Y: 16.17%
• 3Y*: 10.78%
• 5Y*: 4.54%
• 10Y*: 7.26%

NQ=F

• 1D: 1.14%
• 1M: -3.35%
• YTD: -4.99%
• 6M: -3.32%
• 1Y: 23.38%
• 3Y*: 22.06%
• 5Y*: 12.68%
• 10Y*: 18.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AADAX vs. NQ=F — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AADAX

AADAX Risk / Return Rank: 67
AADAX Sharpe Ratio Rank: 65
AADAX Sortino Ratio Rank: 67
AADAX Omega Ratio Rank: 63
AADAX Calmar Ratio Rank: 67
AADAX Martin Ratio Rank: 73

NQ=F

NQ=F Risk / Return Rank: 60
NQ=F Sharpe Ratio Rank: 58
NQ=F Sortino Ratio Rank: 60
NQ=F Omega Ratio Rank: 59
NQ=F Calmar Ratio Rank: 51
NQ=F Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AADAX vs. NQ=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Select Risk: Growth Investor Fund (AADAX) and E-Mini Nasdaq 100 Futures (NQ=F). 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.

	AADAX	NQ=F	Difference
Sharpe ratio Return per unit of total volatility	1.20	1.02	+0.18
Sortino ratio Return per unit of downside risk	1.76	1.60	+0.16
Omega ratio Gain probability vs. loss probability	1.25	1.23	+0.02
Calmar ratio Return relative to maximum drawdown	1.64	2.41	-0.77
Martin ratio Return relative to average drawdown	7.23	8.99	-1.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AADAX vs. NQ=F - Sharpe Ratio Comparison

The current AADAX Sharpe Ratio is 1.20, which is comparable to the NQ=F Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of AADAX and NQ=F, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AADAX	NQ=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	1.02	+0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.56	-0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.82	-0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.90	-0.51

Correlation

The correlation between AADAX and NQ=F is 0.81, 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.

Drawdowns

AADAX vs. NQ=F - Drawdown Comparison

The maximum AADAX drawdown since its inception was -55.79%, which is greater than NQ=F's maximum drawdown of -35.28%. Use the drawdown chart below to compare losses from any high point for AADAX and NQ=F.

Drawdown Indicators

	AADAX	NQ=F	Difference
Max Drawdown Largest peak-to-trough decline	-55.79%	-35.28%	-20.51%
Max Drawdown (1Y) Largest decline over 1 year	-9.32%	-12.72%	+3.40%
Max Drawdown (5Y) Largest decline over 5 years	-26.59%	-35.28%	+8.69%
Max Drawdown (10Y) Largest decline over 10 years	-31.26%	-35.28%	+4.02%
Current Drawdown Current decline from peak	-5.53%	-7.90%	+2.37%
Average Drawdown Average peak-to-trough decline	-8.59%	-5.15%	-3.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.11%	3.18%	-1.07%

Volatility

AADAX vs. NQ=F - Volatility Comparison

The current volatility for Invesco Select Risk: Growth Investor Fund (AADAX) is 5.11%, while E-Mini Nasdaq 100 Futures (NQ=F) has a volatility of 6.23%. This indicates that AADAX experiences smaller price fluctuations and is considered to be less risky than NQ=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AADAX	NQ=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.11%	6.23%	-1.12%
Volatility (6M) Calculated over the trailing 6-month period	8.56%	12.64%	-4.08%
Volatility (1Y) Calculated over the trailing 1-year period	13.99%	22.19%	-8.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.77%	22.48%	-9.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.59%	22.24%	-8.65%