OAAYX vs. VAFAX
Compare and contrast key facts about Invesco Active Allocation Fund (OAAYX) and Invesco American Franchise Fund Class A (VAFAX).
OAAYX is managed by Invesco. It was launched on Apr 4, 2005. VAFAX is managed by Invesco. It was launched on Jun 23, 2005.
Performance
OAAYX vs. VAFAX - Performance Comparison
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OAAYX vs. VAFAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OAAYX Invesco Active Allocation Fund | -0.79% | 15.81% | 9.98% | 13.83% | -19.11% | 14.38% | 13.12% | 23.65% | -9.42% | 19.58% |
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, OAAYX achieves a -0.79% return, which is significantly higher than VAFAX's -9.70% return. Over the past 10 years, OAAYX has underperformed VAFAX with an annualized return of 7.81%, while VAFAX has yielded a comparatively higher 13.99% annualized return.
OAAYX
- 1D
- 2.44%
- 1M
- -4.85%
- YTD
- -0.79%
- 6M
- 1.48%
- 1Y
- 16.32%
- 3Y*
- 11.11%
- 5Y*
- 4.73%
- 10Y*
- 7.81%
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%
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OAAYX vs. VAFAX - Expense Ratio Comparison
OAAYX has a 0.23% expense ratio, which is lower than VAFAX's 0.95% expense ratio.
Return for Risk
OAAYX vs. VAFAX — Risk / Return Rank
OAAYX
VAFAX
OAAYX vs. VAFAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Active Allocation Fund (OAAYX) 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.
| OAAYX | VAFAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.22 | 0.63 | +0.59 |
Sortino ratioReturn per unit of downside risk | 1.79 | 1.06 | +0.74 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.15 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.69 | 0.65 | +1.05 |
Martin ratioReturn relative to average drawdown | 7.37 | 2.03 | +5.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OAAYX | VAFAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 0.63 | +0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.31 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.63 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.53 | -0.14 |
Correlation
The correlation between OAAYX and VAFAX is 0.86, 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
OAAYX vs. VAFAX - Dividend Comparison
OAAYX's dividend yield for the trailing twelve months is around 5.35%, less than VAFAX's 15.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAAYX Invesco Active Allocation Fund | 5.35% | 5.31% | 5.94% | 3.31% | 4.85% | 8.53% | 12.58% | 8.88% | 1.84% | 1.32% | 1.26% | 1.81% |
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
OAAYX vs. VAFAX - Drawdown Comparison
The maximum OAAYX drawdown since its inception was -54.70%, which is greater than VAFAX's maximum drawdown of -48.48%. Use the drawdown chart below to compare losses from any high point for OAAYX and VAFAX.
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Drawdown Indicators
| OAAYX | VAFAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.70% | -48.48% | -6.22% |
Max Drawdown (1Y)Largest decline over 1 year | -9.08% | -19.27% | +10.19% |
Max Drawdown (5Y)Largest decline over 5 years | -26.60% | -38.86% | +12.26% |
Max Drawdown (10Y)Largest decline over 10 years | -31.18% | -38.86% | +7.68% |
Current DrawdownCurrent decline from peak | -5.62% | -15.69% | +10.07% |
Average DrawdownAverage peak-to-trough decline | -9.46% | -8.16% | -1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 6.14% | -4.05% |
Volatility
OAAYX vs. VAFAX - Volatility Comparison
The current volatility for Invesco Active Allocation Fund (OAAYX) is 5.09%, while Invesco American Franchise Fund Class A (VAFAX) has a volatility of 8.31%. This indicates that OAAYX 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.
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Volatility by Period
| OAAYX | VAFAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.09% | 8.31% | -3.22% |
Volatility (6M)Calculated over the trailing 6-month period | 8.54% | 15.69% | -7.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.80% | 25.39% | -11.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.73% | 23.03% | -10.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.22% | 22.23% | -9.01% |