AGOVX vs. DFLEX
Compare and contrast key facts about Invesco Income Fund (AGOVX) and DoubleLine Flexible Income Fund (DFLEX).
AGOVX is managed by Invesco. It was launched on Apr 27, 1987. DFLEX is managed by DoubleLine. It was launched on Apr 6, 2014.
Performance
AGOVX vs. DFLEX - Performance Comparison
Loading graphics...
AGOVX vs. DFLEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGOVX Invesco Income Fund | -0.46% | 6.61% | 7.01% | 4.57% | -10.05% | 3.90% | -6.66% | 10.04% | -2.86% | 1.68% |
DFLEX DoubleLine Flexible Income Fund | 0.22% | 6.58% | 8.65% | 7.84% | -8.48% | 3.79% | 2.93% | 7.21% | 0.10% | 5.27% |
Returns By Period
In the year-to-date period, AGOVX achieves a -0.46% return, which is significantly lower than DFLEX's 0.22% return. Over the past 10 years, AGOVX has underperformed DFLEX with an annualized return of 1.08%, while DFLEX has yielded a comparatively higher 3.79% annualized return.
AGOVX
- 1D
- 0.43%
- 1M
- -2.25%
- YTD
- -0.46%
- 6M
- 0.66%
- 1Y
- 3.87%
- 3Y*
- 4.94%
- 5Y*
- 1.58%
- 10Y*
- 1.08%
DFLEX
- 1D
- 0.11%
- 1M
- -0.80%
- YTD
- 0.22%
- 6M
- 1.54%
- 1Y
- 5.12%
- 3Y*
- 7.13%
- 5Y*
- 3.19%
- 10Y*
- 3.79%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AGOVX vs. DFLEX - Expense Ratio Comparison
AGOVX has a 0.96% expense ratio, which is higher than DFLEX's 0.74% expense ratio.
Return for Risk
AGOVX vs. DFLEX — Risk / Return Rank
AGOVX
DFLEX
AGOVX vs. DFLEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Income Fund (AGOVX) and DoubleLine Flexible Income Fund (DFLEX). 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.
| AGOVX | DFLEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.50 | 3.69 | -2.19 |
Sortino ratioReturn per unit of downside risk | 2.40 | 6.09 | -3.69 |
Omega ratioGain probability vs. loss probability | 1.32 | 2.08 | -0.76 |
Calmar ratioReturn relative to maximum drawdown | 1.67 | 4.58 | -2.91 |
Martin ratioReturn relative to average drawdown | 7.33 | 20.46 | -13.13 |
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
| AGOVX | DFLEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 3.69 | -2.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 1.67 | -1.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 1.39 | -1.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 1.35 | -0.57 |
Correlation
The correlation between AGOVX and DFLEX is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
AGOVX vs. DFLEX - Dividend Comparison
AGOVX's dividend yield for the trailing twelve months is around 4.71%, less than DFLEX's 5.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGOVX Invesco Income Fund | 4.71% | 5.09% | 5.12% | 4.61% | 3.45% | 2.96% | 4.14% | 4.69% | 2.76% | 1.89% | 1.72% | 1.55% |
DFLEX DoubleLine Flexible Income Fund | 5.14% | 5.68% | 6.05% | 5.95% | 4.72% | 3.86% | 3.96% | 4.46% | 4.46% | 3.82% | 3.75% | 4.32% |
Drawdowns
AGOVX vs. DFLEX - Drawdown Comparison
The maximum AGOVX drawdown since its inception was -33.41%, which is greater than DFLEX's maximum drawdown of -17.29%. Use the drawdown chart below to compare losses from any high point for AGOVX and DFLEX.
Loading graphics...
Drawdown Indicators
| AGOVX | DFLEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.41% | -17.29% | -16.12% |
Max Drawdown (1Y)Largest decline over 1 year | -2.67% | -1.15% | -1.52% |
Max Drawdown (5Y)Largest decline over 5 years | -11.79% | -11.00% | -0.79% |
Max Drawdown (10Y)Largest decline over 10 years | -33.41% | -17.29% | -16.12% |
Current DrawdownCurrent decline from peak | -2.25% | -0.80% | -1.45% |
Average DrawdownAverage peak-to-trough decline | -2.39% | -1.58% | -0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.61% | 0.26% | +0.35% |
Volatility
AGOVX vs. DFLEX - Volatility Comparison
Invesco Income Fund (AGOVX) has a higher volatility of 1.19% compared to DoubleLine Flexible Income Fund (DFLEX) at 0.56%. This indicates that AGOVX's price experiences larger fluctuations and is considered to be riskier than DFLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AGOVX | DFLEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 0.56% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 2.06% | 0.91% | +1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.90% | 1.40% | +1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.35% | 1.92% | +1.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.32% | 2.73% | +2.59% |