MIGYX vs. IVNQX

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco Main Street Fund Class Y (MIGYX) and Invesco Nasdaq 100 Index Fund (IVNQX).

MIGYX is an actively managed fund by Invesco. It was launched on Nov 1, 1996. IVNQX is managed by Invesco. It was launched on Oct 13, 2020.

Performance

MIGYX vs. IVNQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Main Street Fund Class Y (MIGYX) and Invesco Nasdaq 100 Index Fund (IVNQX). The values are adjusted to include any dividend payments, if applicable.

MIGYX vs. IVNQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MIGYX Invesco Main Street Fund Class Y	-6.93%	16.31%	23.93%	23.33%	-20.02%	27.65%	6.33%
IVNQX Invesco Nasdaq 100 Index Fund	-5.88%	20.77%	25.43%	54.62%	-32.05%	26.75%	8.46%

Returns By Period

In the year-to-date period, MIGYX achieves a -6.93% return, which is significantly lower than IVNQX's -5.88% return.

MIGYX

• 1D: 2.91%
• 1M: -5.74%
• YTD: -6.93%
• 6M: -5.83%
• 1Y: 12.58%
• 3Y*: 15.54%
• 5Y*: 9.11%
• 10Y*: 10.88%

IVNQX

• 1D: 3.42%
• 1M: -4.94%
• YTD: -5.88%
• 6M: -4.11%
• 1Y: 22.78%
• 3Y*: 22.26%
• 5Y*: 12.94%
• 10Y*: —

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

MIGYX vs. IVNQX - Expense Ratio Comparison

MIGYX has a 0.56% expense ratio, which is higher than IVNQX's 0.29% expense ratio.

MIGYX

Invesco Main Street Fund Class Y

IVNQX

Invesco Nasdaq 100 Index Fund

Return for Risk

MIGYX vs. IVNQX — Risk / Return Rank

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

MIGYX

MIGYX Risk / Return Rank: 21
MIGYX Sharpe Ratio Rank: 27
MIGYX Sortino Ratio Rank: 32
MIGYX Omega Ratio Rank: 32
MIGYX Calmar Ratio Rank: 6
MIGYX Martin Ratio Rank: 7

IVNQX

IVNQX Risk / Return Rank: 61
IVNQX Sharpe Ratio Rank: 55
IVNQX Sortino Ratio Rank: 62
IVNQX Omega Ratio Rank: 57
IVNQX Calmar Ratio Rank: 68
IVNQX Martin Ratio Rank: 62

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.

MIGYX vs. IVNQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Main Street Fund Class Y (MIGYX) and Invesco Nasdaq 100 Index Fund (IVNQX). 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.

	MIGYX	IVNQX	Difference
Sharpe ratio Return per unit of total volatility	0.79	1.06	-0.28
Sortino ratio Return per unit of downside risk	1.29	1.65	-0.36
Omega ratio Gain probability vs. loss probability	1.18	1.23	-0.05
Calmar ratio Return relative to maximum drawdown	0.20	1.63	-1.43
Martin ratio Return relative to average drawdown	0.78	6.05	-5.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MIGYX vs. IVNQX - Sharpe Ratio Comparison

The current MIGYX Sharpe Ratio is 0.79, which is comparable to the IVNQX Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of MIGYX and IVNQX, 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

	MIGYX	IVNQX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	1.06	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.58	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.63	-0.20

Correlation

The correlation between MIGYX and IVNQX is 0.89, 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

MIGYX vs. IVNQX - Dividend Comparison

MIGYX's dividend yield for the trailing twelve months is around 8.40%, more than IVNQX's 1.39% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MIGYX Invesco Main Street Fund Class Y	8.40%	7.82%	6.36%	7.51%	5.01%	19.63%	3.23%	0.98%	20.13%	7.80%	3.22%	14.18%
IVNQX Invesco Nasdaq 100 Index Fund	1.39%	1.31%	0.72%	0.54%	0.73%	0.84%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

MIGYX vs. IVNQX - Drawdown Comparison

The maximum MIGYX drawdown since its inception was -56.98%, which is greater than IVNQX's maximum drawdown of -34.83%. Use the drawdown chart below to compare losses from any high point for MIGYX and IVNQX.

Drawdown Indicators

	MIGYX	IVNQX	Difference
Max Drawdown Largest peak-to-trough decline	-56.98%	-34.83%	-22.15%
Max Drawdown (1Y) Largest decline over 1 year	-11.78%	-12.56%	+0.78%
Max Drawdown (5Y) Largest decline over 5 years	-26.59%	-34.83%	+8.24%
Max Drawdown (10Y) Largest decline over 10 years	-35.48%	—	—
Current Drawdown Current decline from peak	-8.28%	-8.94%	+0.66%
Average Drawdown Average peak-to-trough decline	-10.66%	-8.45%	-2.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.32%	3.39%	+0.93%

Volatility

MIGYX vs. IVNQX - Volatility Comparison

The current volatility for Invesco Main Street Fund Class Y (MIGYX) is 5.28%, while Invesco Nasdaq 100 Index Fund (IVNQX) has a volatility of 6.55%. This indicates that MIGYX experiences smaller price fluctuations and is considered to be less risky than IVNQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MIGYX	IVNQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.28%	6.55%	-1.27%
Volatility (6M) Calculated over the trailing 6-month period	9.51%	12.88%	-3.37%
Volatility (1Y) Calculated over the trailing 1-year period	18.59%	22.53%	-3.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.93%	22.51%	-5.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.88%	22.56%	-4.68%