ACEIX vs. ALAAX
Compare and contrast key facts about Invesco Equity and Income Fund (ACEIX) and Invesco Income Allocation Fund (ALAAX).
ACEIX is managed by Invesco. It was launched on Aug 2, 1960. ALAAX is managed by Invesco. It was launched on Oct 30, 2005.
Performance
ACEIX vs. ALAAX - Performance Comparison
Loading graphics...
ACEIX vs. ALAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ACEIX Invesco Equity and Income Fund | -1.20% | 12.85% | 11.77% | 10.08% | -7.75% | 18.02% | 9.96% | 19.17% | -9.74% | 10.86% |
ALAAX Invesco Income Allocation Fund | -1.02% | 11.63% | 5.84% | 7.13% | -11.78% | 7.56% | 2.33% | 15.50% | -4.45% | 7.99% |
Returns By Period
In the year-to-date period, ACEIX achieves a -1.20% return, which is significantly lower than ALAAX's -1.02% return. Over the past 10 years, ACEIX has outperformed ALAAX with an annualized return of 8.47%, while ALAAX has yielded a comparatively lower 4.40% annualized return.
ACEIX
- 1D
- -0.37%
- 1M
- -5.34%
- YTD
- -1.20%
- 6M
- 2.41%
- 1Y
- 11.40%
- 3Y*
- 11.00%
- 5Y*
- 6.63%
- 10Y*
- 8.47%
ALAAX
- 1D
- 0.09%
- 1M
- -4.17%
- YTD
- -1.02%
- 6M
- 1.12%
- 1Y
- 9.07%
- 3Y*
- 6.98%
- 5Y*
- 3.11%
- 10Y*
- 4.40%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ACEIX vs. ALAAX - Expense Ratio Comparison
ACEIX has a 0.78% expense ratio, which is higher than ALAAX's 0.37% expense ratio.
Return for Risk
ACEIX vs. ALAAX — Risk / Return Rank
ACEIX
ALAAX
ACEIX vs. ALAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Equity and Income Fund (ACEIX) and Invesco Income Allocation Fund (ALAAX). 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.
| ACEIX | ALAAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.05 | 1.39 | -0.34 |
Sortino ratioReturn per unit of downside risk | 1.47 | 1.97 | -0.49 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.30 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.21 | 1.66 | -0.45 |
Martin ratioReturn relative to average drawdown | 5.18 | 7.45 | -2.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ACEIX | ALAAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.05 | 1.39 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.47 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.61 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.70 | +0.01 |
Correlation
The correlation between ACEIX and ALAAX 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.
Dividends
ACEIX vs. ALAAX - Dividend Comparison
ACEIX's dividend yield for the trailing twelve months is around 6.98%, more than ALAAX's 4.31% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACEIX Invesco Equity and Income Fund | 6.98% | 6.87% | 8.28% | 6.91% | 6.65% | 13.74% | 2.94% | 5.53% | 8.91% | 6.73% | 3.94% | 5.17% |
ALAAX Invesco Income Allocation Fund | 4.31% | 4.22% | 4.13% | 4.07% | 3.53% | 3.19% | 4.07% | 6.98% | 3.91% | 3.36% | 3.66% | 3.16% |
Drawdowns
ACEIX vs. ALAAX - Drawdown Comparison
The maximum ACEIX drawdown since its inception was -40.08%, which is greater than ALAAX's maximum drawdown of -28.28%. Use the drawdown chart below to compare losses from any high point for ACEIX and ALAAX.
Loading graphics...
Drawdown Indicators
| ACEIX | ALAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.08% | -28.28% | -11.80% |
Max Drawdown (1Y)Largest decline over 1 year | -8.63% | -5.28% | -3.35% |
Max Drawdown (5Y)Largest decline over 5 years | -16.73% | -17.16% | +0.43% |
Max Drawdown (10Y)Largest decline over 10 years | -30.80% | -24.08% | -6.72% |
Current DrawdownCurrent decline from peak | -5.50% | -4.17% | -1.33% |
Average DrawdownAverage peak-to-trough decline | -4.63% | -3.32% | -1.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 1.17% | +0.84% |
Volatility
ACEIX vs. ALAAX - Volatility Comparison
Invesco Equity and Income Fund (ACEIX) has a higher volatility of 2.88% compared to Invesco Income Allocation Fund (ALAAX) at 2.34%. This indicates that ACEIX's price experiences larger fluctuations and is considered to be riskier than ALAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ACEIX | ALAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 2.34% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 6.13% | 3.85% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.63% | 6.74% | +4.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.13% | 6.68% | +4.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.84% | 7.28% | +5.56% |