AFRAX vs. IUSG
Compare and contrast key facts about Invesco Floating Rate ESG Fund (AFRAX) and iShares Core S&P U.S. Growth ETF (IUSG).
AFRAX is managed by Invesco. It was launched on Apr 30, 1997. IUSG is a passively managed fund by iShares that tracks the performance of the Russell 3000 Growth Index. It was launched on Jul 24, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AFRAX or IUSG.
Key characteristics
| AFRAX | IUSG | |
|---|---|---|
| YTD Return | 5.95% | 34.11% |
| 1Y Return | 8.25% | 40.95% |
| 3Y Return (Ann) | 5.02% | 7.88% |
| 5Y Return (Ann) | 4.91% | 17.53% |
| 10Y Return (Ann) | 4.03% | 14.99% |
| Sharpe Ratio | 2.98 | 2.59 |
| Sortino Ratio | 8.38 | 3.33 |
| Omega Ratio | 2.67 | 1.48 |
| Calmar Ratio | 11.37 | 3.19 |
| Martin Ratio | 49.79 | 13.94 |
| Ulcer Index | 0.17% | 3.11% |
| Daily Std Dev | 2.83% | 16.71% |
| Max Drawdown | -36.01% | -63.35% |
| Current Drawdown | -0.15% | -0.26% |
Correlation
The correlation between AFRAX and IUSG is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AFRAX vs. IUSG - Performance Comparison
In the year-to-date period, AFRAX achieves a 5.95% return, which is significantly lower than IUSG's 34.11% return. Over the past 10 years, AFRAX has underperformed IUSG with an annualized return of 4.03%, while IUSG has yielded a comparatively higher 14.99% 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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AFRAX vs. IUSG - Expense Ratio Comparison
AFRAX has a 1.04% expense ratio, which is higher than IUSG's 0.04% expense ratio.
Risk-Adjusted Performance
AFRAX vs. IUSG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Floating Rate ESG Fund (AFRAX) and iShares Core S&P U.S. Growth ETF (IUSG). 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
AFRAX vs. IUSG - Dividend Comparison
AFRAX's dividend yield for the trailing twelve months is around 9.18%, more than IUSG's 0.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFRAX Invesco Floating Rate ESG Fund | 9.18% | 8.62% | 6.89% | 3.84% | 4.13% | 5.52% | 4.59% | 4.02% | 4.43% | 5.24% | 4.40% | 4.21% |
IUSG iShares Core S&P U.S. Growth ETF | 0.64% | 1.12% | 1.07% | 0.59% | 0.93% | 1.64% | 1.32% | 1.28% | 1.48% | 1.29% | 1.21% | 1.22% |
Drawdowns
AFRAX vs. IUSG - Drawdown Comparison
The maximum AFRAX drawdown since its inception was -36.01%, smaller than the maximum IUSG drawdown of -63.35%. Use the drawdown chart below to compare losses from any high point for AFRAX and IUSG. For additional features, visit the drawdowns tool.
Volatility
AFRAX vs. IUSG - Volatility Comparison
The current volatility for Invesco Floating Rate ESG Fund (AFRAX) is 0.52%, while iShares Core S&P U.S. Growth ETF (IUSG) has a volatility of 4.97%. This indicates that AFRAX experiences smaller price fluctuations and is considered to be less risky than IUSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.