FTCHX vs. MSIGX

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco Technology Fund (FTCHX) and Invesco Main Street Fund (MSIGX).

FTCHX is managed by Invesco. It was launched on Jan 18, 1984. MSIGX is managed by Invesco. It was launched on Feb 3, 1988.

Performance

FTCHX vs. MSIGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Technology Fund (FTCHX) and Invesco Main Street Fund (MSIGX). The values are adjusted to include any dividend payments, if applicable.

FTCHX vs. MSIGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTCHX Invesco Technology Fund	0.39%	20.77%	34.49%	47.38%	-39.96%	13.00%	46.14%	35.62%	-0.88%	34.78%
MSIGX Invesco Main Street Fund	-6.99%	16.02%	23.66%	23.06%	-20.21%	27.37%	14.41%	22.49%	-8.25%	16.79%

Returns By Period

In the year-to-date period, FTCHX achieves a 0.39% return, which is significantly higher than MSIGX's -6.99% return. Over the past 10 years, FTCHX has outperformed MSIGX with an annualized return of 16.66%, while MSIGX has yielded a comparatively lower 10.63% annualized return.

FTCHX

• 1D: 5.79%
• 1M: -7.82%
• YTD: 0.39%
• 6M: 1.56%
• 1Y: 42.77%
• 3Y*: 26.80%
• 5Y*: 9.55%
• 10Y*: 16.66%

MSIGX

• 1D: 2.90%
• 1M: -5.77%
• YTD: -6.99%
• 6M: -5.96%
• 1Y: 12.31%
• 3Y*: 15.27%
• 5Y*: 8.87%
• 10Y*: 10.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FTCHX vs. MSIGX - Expense Ratio Comparison

FTCHX has a 0.91% expense ratio, which is higher than MSIGX's 0.82% expense ratio.

FTCHX

Invesco Technology Fund

MSIGX

Invesco Main Street Fund

Return for Risk

FTCHX vs. MSIGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTCHX

FTCHX Risk / Return Rank: 81
FTCHX Sharpe Ratio Rank: 77
FTCHX Sortino Ratio Rank: 77
FTCHX Omega Ratio Rank: 70
FTCHX Calmar Ratio Rank: 92
FTCHX Martin Ratio Rank: 87

MSIGX

MSIGX Risk / Return Rank: 26
MSIGX Sharpe Ratio Rank: 31
MSIGX Sortino Ratio Rank: 37
MSIGX Omega Ratio Rank: 36
MSIGX Calmar Ratio Rank: 11
MSIGX Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FTCHX vs. MSIGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Technology Fund (FTCHX) and Invesco Main Street Fund (MSIGX). 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.

	FTCHX	MSIGX	Difference
Sharpe ratio Return per unit of total volatility	1.45	0.77	+0.68
Sortino ratio Return per unit of downside risk	1.99	1.26	+0.72
Omega ratio Gain probability vs. loss probability	1.28	1.18	+0.09
Calmar ratio Return relative to maximum drawdown	2.78	0.31	+2.47
Martin ratio Return relative to average drawdown	9.46	1.22	+8.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTCHX vs. MSIGX - Sharpe Ratio Comparison

The current FTCHX Sharpe Ratio is 1.45, which is higher than the MSIGX Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of FTCHX and MSIGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FTCHX	MSIGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.45	0.77	+0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.54	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.60	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.63	-0.28

Correlation

The correlation between FTCHX and MSIGX 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

FTCHX vs. MSIGX - Dividend Comparison

FTCHX's dividend yield for the trailing twelve months is around 26.45%, more than MSIGX's 8.06% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTCHX Invesco Technology Fund	26.45%	26.56%	13.59%	0.80%	1.60%	27.66%	7.06%	9.58%	9.01%	4.14%	6.98%	6.88%
MSIGX Invesco Main Street Fund	8.06%	7.50%	6.06%	7.40%	4.68%	19.19%	3.17%	0.89%	19.62%	7.50%	2.96%	13.79%

Drawdowns

FTCHX vs. MSIGX - Drawdown Comparison

The maximum FTCHX drawdown since its inception was -87.78%, which is greater than MSIGX's maximum drawdown of -57.22%. Use the drawdown chart below to compare losses from any high point for FTCHX and MSIGX.

Drawdown Indicators

	FTCHX	MSIGX	Difference
Max Drawdown Largest peak-to-trough decline	-87.78%	-57.22%	-30.56%
Max Drawdown (1Y) Largest decline over 1 year	-14.29%	-11.78%	-2.51%
Max Drawdown (5Y) Largest decline over 5 years	-47.89%	-26.73%	-21.16%
Max Drawdown (10Y) Largest decline over 10 years	-47.89%	-35.41%	-12.48%
Current Drawdown Current decline from peak	-9.33%	-8.38%	-0.95%
Average Drawdown Average peak-to-trough decline	-36.55%	-9.03%	-27.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.20%	4.27%	-0.07%

Volatility

FTCHX vs. MSIGX - Volatility Comparison

Invesco Technology Fund (FTCHX) has a higher volatility of 13.28% compared to Invesco Main Street Fund (MSIGX) at 5.28%. This indicates that FTCHX's price experiences larger fluctuations and is considered to be riskier than MSIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTCHX	MSIGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.28%	5.28%	+8.00%
Volatility (6M) Calculated over the trailing 6-month period	22.72%	9.48%	+13.24%
Volatility (1Y) Calculated over the trailing 1-year period	30.92%	18.55%	+12.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.55%	16.92%	+11.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.15%	17.87%	+8.28%