AMHYX vs. VAFAX
Compare and contrast key facts about Invesco High Yield Fund (AMHYX) and Invesco American Franchise Fund Class A (VAFAX).
AMHYX is managed by Invesco. It was launched on Jul 11, 1978. VAFAX is managed by Invesco. It was launched on Jun 23, 2005.
Performance
AMHYX vs. VAFAX - Performance Comparison
Loading graphics...
AMHYX vs. VAFAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMHYX Invesco High Yield Fund | -1.17% | 7.32% | 7.15% | 8.75% | -9.86% | 4.15% | 3.66% | 12.70% | -3.28% | 6.35% |
VAFAX Invesco American Franchise Fund Class A | -9.70% | 11.86% | 34.78% | 40.91% | -31.20% | 11.13% | 42.15% | 36.55% | -3.99% | 27.11% |
Returns By Period
In the year-to-date period, AMHYX achieves a -1.17% return, which is significantly higher than VAFAX's -9.70% return. Over the past 10 years, AMHYX has underperformed VAFAX with an annualized return of 4.31%, while VAFAX has yielded a comparatively higher 13.99% annualized return.
AMHYX
- 1D
- 0.58%
- 1M
- -1.69%
- YTD
- -1.17%
- 6M
- 0.16%
- 1Y
- 5.54%
- 3Y*
- 6.44%
- 5Y*
- 2.87%
- 10Y*
- 4.31%
VAFAX
- 1D
- 4.44%
- 1M
- -5.93%
- YTD
- -9.70%
- 6M
- -12.22%
- 1Y
- 14.68%
- 3Y*
- 19.34%
- 5Y*
- 7.06%
- 10Y*
- 13.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AMHYX vs. VAFAX - Expense Ratio Comparison
AMHYX has a 1.03% expense ratio, which is higher than VAFAX's 0.95% expense ratio.
Return for Risk
AMHYX vs. VAFAX — Risk / Return Rank
AMHYX
VAFAX
AMHYX vs. VAFAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco High Yield Fund (AMHYX) and Invesco American Franchise Fund Class A (VAFAX). 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.
| AMHYX | VAFAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.40 | 0.63 | +0.77 |
Sortino ratioReturn per unit of downside risk | 1.97 | 1.06 | +0.91 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.15 | +0.21 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 0.65 | +0.97 |
Martin ratioReturn relative to average drawdown | 6.75 | 2.03 | +4.72 |
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
| AMHYX | VAFAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.40 | 0.63 | +0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.31 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.63 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.53 | +0.20 |
Correlation
The correlation between AMHYX and VAFAX is 0.34, 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.
Dividends
AMHYX vs. VAFAX - Dividend Comparison
AMHYX's dividend yield for the trailing twelve months is around 6.05%, less than VAFAX's 15.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMHYX Invesco High Yield Fund | 6.05% | 6.45% | 6.01% | 5.09% | 5.00% | 4.57% | 5.95% | 5.60% | 5.39% | 4.95% | 4.89% | 5.55% |
VAFAX Invesco American Franchise Fund Class A | 15.61% | 14.09% | 3.74% | 0.00% | 8.32% | 26.50% | 8.78% | 6.85% | 10.42% | 5.37% | 4.08% | 4.90% |
Drawdowns
AMHYX vs. VAFAX - Drawdown Comparison
The maximum AMHYX drawdown since its inception was -40.33%, smaller than the maximum VAFAX drawdown of -48.48%. Use the drawdown chart below to compare losses from any high point for AMHYX and VAFAX.
Loading graphics...
Drawdown Indicators
| AMHYX | VAFAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.33% | -48.48% | +8.15% |
Max Drawdown (1Y)Largest decline over 1 year | -3.41% | -19.27% | +15.86% |
Max Drawdown (5Y)Largest decline over 5 years | -14.47% | -38.86% | +24.39% |
Max Drawdown (10Y)Largest decline over 10 years | -23.78% | -38.86% | +15.08% |
Current DrawdownCurrent decline from peak | -1.98% | -15.69% | +13.71% |
Average DrawdownAverage peak-to-trough decline | -6.96% | -8.16% | +1.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 6.14% | -5.32% |
Volatility
AMHYX vs. VAFAX - Volatility Comparison
The current volatility for Invesco High Yield Fund (AMHYX) is 1.44%, while Invesco American Franchise Fund Class A (VAFAX) has a volatility of 8.31%. This indicates that AMHYX experiences smaller price fluctuations and is considered to be less risky than VAFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AMHYX | VAFAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.44% | 8.31% | -6.87% |
Volatility (6M)Calculated over the trailing 6-month period | 2.46% | 15.69% | -13.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.03% | 25.39% | -21.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.22% | 23.03% | -17.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.85% | 22.23% | -16.38% |