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MLPDX vs. OPGSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MLPDX vs. OPGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco SteelPath MLP Income Fund Class A (MLPDX) and Invesco Gold & Special Minerals Fund (OPGSX). The values are adjusted to include any dividend payments, if applicable.

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MLPDX vs. OPGSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MLPDX
Invesco SteelPath MLP Income Fund Class A
17.08%7.69%24.00%20.32%25.11%44.69%-25.75%18.07%-13.12%-8.61%
OPGSX
Invesco Gold & Special Minerals Fund
0.44%131.03%13.05%6.35%-16.86%-2.75%36.15%46.37%-13.15%17.17%

Returns By Period

In the year-to-date period, MLPDX achieves a 17.08% return, which is significantly higher than OPGSX's 0.44% return. Over the past 10 years, MLPDX has underperformed OPGSX with an annualized return of 12.41%, while OPGSX has yielded a comparatively higher 17.37% annualized return.


MLPDX

1D
-0.73%
1M
2.36%
YTD
17.08%
6M
20.19%
1Y
15.93%
3Y*
22.15%
5Y*
22.72%
10Y*
12.41%

OPGSX

1D
-0.37%
1M
-23.68%
YTD
0.44%
6M
13.72%
1Y
82.38%
3Y*
36.20%
5Y*
20.12%
10Y*
17.37%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MLPDX vs. OPGSX - Expense Ratio Comparison

MLPDX has a 9.02% expense ratio, which is higher than OPGSX's 1.05% expense ratio.


Return for Risk

MLPDX vs. OPGSX — Risk / Return Rank

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

MLPDX
MLPDX Risk / Return Rank: 4040
Overall Rank
MLPDX Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
MLPDX Sortino Ratio Rank: 4040
Sortino Ratio Rank
MLPDX Omega Ratio Rank: 4444
Omega Ratio Rank
MLPDX Calmar Ratio Rank: 3939
Calmar Ratio Rank
MLPDX Martin Ratio Rank: 2828
Martin Ratio Rank

OPGSX
OPGSX Risk / Return Rank: 9292
Overall Rank
OPGSX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
OPGSX Sortino Ratio Rank: 9090
Sortino Ratio Rank
OPGSX Omega Ratio Rank: 8787
Omega Ratio Rank
OPGSX Calmar Ratio Rank: 9595
Calmar Ratio Rank
OPGSX Martin Ratio Rank: 9595
Martin Ratio Rank
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.

MLPDX vs. OPGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco SteelPath MLP Income Fund Class A (MLPDX) and Invesco Gold & Special Minerals Fund (OPGSX). 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.


MLPDXOPGSXDifference

Sharpe ratio

Return per unit of total volatility

0.96

2.20

-1.24

Sortino ratio

Return per unit of downside risk

1.30

2.54

-1.24

Omega ratio

Gain probability vs. loss probability

1.20

1.36

-0.17

Calmar ratio

Return relative to maximum drawdown

1.05

3.22

-2.17

Martin ratio

Return relative to average drawdown

3.13

12.84

-9.71

MLPDX vs. OPGSX - Sharpe Ratio Comparison

The current MLPDX Sharpe Ratio is 0.96, which is lower than the OPGSX Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of MLPDX and OPGSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MLPDXOPGSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.96

2.20

-1.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.31

0.63

+0.68

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.48

0.53

-0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.32

0.25

+0.07

Correlation

The correlation between MLPDX and OPGSX is 0.26, 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

MLPDX vs. OPGSX - Dividend Comparison

MLPDX's dividend yield for the trailing twelve months is around 6.63%, more than OPGSX's 0.43% yield.


TTM20252024202320222021202020192018201720162015
MLPDX
Invesco SteelPath MLP Income Fund Class A
6.63%7.51%6.42%7.72%8.49%9.74%17.44%17.48%13.70%10.99%10.00%11.12%
OPGSX
Invesco Gold & Special Minerals Fund
0.43%0.43%0.86%0.81%0.45%3.56%1.55%0.29%0.00%2.78%7.21%0.00%

Drawdowns

MLPDX vs. OPGSX - Drawdown Comparison

The maximum MLPDX drawdown since its inception was -77.09%, roughly equal to the maximum OPGSX drawdown of -80.04%. Use the drawdown chart below to compare losses from any high point for MLPDX and OPGSX.


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Drawdown Indicators


MLPDXOPGSXDifference

Max Drawdown

Largest peak-to-trough decline

-77.09%

-80.04%

+2.95%

Max Drawdown (1Y)

Largest decline over 1 year

-14.45%

-29.01%

+14.56%

Max Drawdown (5Y)

Largest decline over 5 years

-17.98%

-47.09%

+29.11%

Max Drawdown (10Y)

Largest decline over 10 years

-72.90%

-47.09%

-25.81%

Current Drawdown

Current decline from peak

-1.30%

-24.65%

+23.35%

Average Drawdown

Average peak-to-trough decline

-13.52%

-29.33%

+15.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.86%

7.27%

-2.41%

Volatility

MLPDX vs. OPGSX - Volatility Comparison

The current volatility for Invesco SteelPath MLP Income Fund Class A (MLPDX) is 3.39%, while Invesco Gold & Special Minerals Fund (OPGSX) has a volatility of 15.32%. This indicates that MLPDX experiences smaller price fluctuations and is considered to be less risky than OPGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MLPDXOPGSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.39%

15.32%

-11.93%

Volatility (6M)

Calculated over the trailing 6-month period

8.09%

35.01%

-26.92%

Volatility (1Y)

Calculated over the trailing 1-year period

16.15%

43.01%

-26.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.52%

32.97%

-15.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.95%

32.93%

-6.98%