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ACEIX vs. OPPAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ACEIXOPPAX
YTD Return15.34%18.74%
1Y Return25.14%18.64%
3Y Return (Ann)5.21%-8.20%
5Y Return (Ann)9.27%2.87%
10Y Return (Ann)7.28%3.24%
Sharpe Ratio2.981.06
Sortino Ratio4.361.40
Omega Ratio1.581.21
Calmar Ratio2.750.51
Martin Ratio19.085.52
Ulcer Index1.28%3.47%
Daily Std Dev8.24%18.12%
Max Drawdown-38.81%-63.60%
Current Drawdown0.00%-23.43%

Correlation

-0.50.00.51.00.7

The correlation between ACEIX and OPPAX is 0.70, 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

ACEIX vs. OPPAX - Performance Comparison

In the year-to-date period, ACEIX achieves a 15.34% return, which is significantly lower than OPPAX's 18.74% return. Over the past 10 years, ACEIX has outperformed OPPAX with an annualized return of 7.28%, while OPPAX has yielded a comparatively lower 3.24% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
9.10%
7.20%
ACEIX
OPPAX

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ACEIX vs. OPPAX - Expense Ratio Comparison

ACEIX has a 0.78% expense ratio, which is lower than OPPAX's 1.04% expense ratio.


OPPAX
Invesco Global Fund
Expense ratio chart for OPPAX: current value at 1.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.04%
Expense ratio chart for ACEIX: current value at 0.78% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.78%

Risk-Adjusted Performance

ACEIX vs. OPPAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Equity and Income Fund (ACEIX) and Invesco Global Fund (OPPAX). 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
Sharpe ratio
The chart of Sharpe ratio for ACEIX, currently valued at 3.02, compared to the broader market0.002.004.003.02
Sortino ratio
The chart of Sortino ratio for ACEIX, currently valued at 4.43, compared to the broader market0.005.0010.004.43
Omega ratio
The chart of Omega ratio for ACEIX, currently valued at 1.59, compared to the broader market1.002.003.004.001.59
Calmar ratio
The chart of Calmar ratio for ACEIX, currently valued at 2.80, compared to the broader market0.005.0010.0015.0020.002.80
Martin ratio
The chart of Martin ratio for ACEIX, currently valued at 19.38, compared to the broader market0.0020.0040.0060.0080.00100.0019.38
OPPAX
Sharpe ratio
The chart of Sharpe ratio for OPPAX, currently valued at 1.06, compared to the broader market0.002.004.001.06
Sortino ratio
The chart of Sortino ratio for OPPAX, currently valued at 1.40, compared to the broader market0.005.0010.001.40
Omega ratio
The chart of Omega ratio for OPPAX, currently valued at 1.21, compared to the broader market1.002.003.004.001.21
Calmar ratio
The chart of Calmar ratio for OPPAX, currently valued at 0.51, compared to the broader market0.005.0010.0015.0020.000.51
Martin ratio
The chart of Martin ratio for OPPAX, currently valued at 5.52, compared to the broader market0.0020.0040.0060.0080.00100.005.52

ACEIX vs. OPPAX - Sharpe Ratio Comparison

The current ACEIX Sharpe Ratio is 2.98, which is higher than the OPPAX Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of ACEIX and OPPAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
3.02
1.06
ACEIX
OPPAX

Dividends

ACEIX vs. OPPAX - Dividend Comparison

ACEIX's dividend yield for the trailing twelve months is around 1.80%, while OPPAX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
ACEIX
Invesco Equity and Income Fund
1.80%2.00%1.90%1.42%1.62%1.89%2.36%2.04%1.72%2.37%2.80%1.91%
OPPAX
Invesco Global Fund
0.00%0.00%0.00%0.00%0.00%0.53%0.55%0.55%0.69%0.69%0.87%0.78%

Drawdowns

ACEIX vs. OPPAX - Drawdown Comparison

The maximum ACEIX drawdown since its inception was -38.81%, smaller than the maximum OPPAX drawdown of -63.60%. Use the drawdown chart below to compare losses from any high point for ACEIX and OPPAX. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-23.43%
ACEIX
OPPAX

Volatility

ACEIX vs. OPPAX - Volatility Comparison

The current volatility for Invesco Equity and Income Fund (ACEIX) is 2.96%, while Invesco Global Fund (OPPAX) has a volatility of 4.45%. This indicates that ACEIX experiences smaller price fluctuations and is considered to be less risky than OPPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
2.96%
4.45%
ACEIX
OPPAX