ODFL vs. SPGP

Last updated Apr 1, 2026

Compare and contrast key facts about Old Dominion Freight Line, Inc. (ODFL) and Invesco S&P 500 GARP ETF (SPGP).

SPGP is a passively managed fund by Invesco that tracks the performance of the S&P 500 GARP Index. It was launched on Jun 16, 2011.

Performance

ODFL vs. SPGP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Old Dominion Freight Line, Inc. (ODFL) and Invesco S&P 500 GARP ETF (SPGP). The values are adjusted to include any dividend payments, if applicable.

ODFL vs. SPGP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ODFL Old Dominion Freight Line, Inc.	24.79%	-10.47%	-12.51%	43.46%	-20.48%	84.15%	54.81%	54.36%	-5.79%	54.11%
SPGP Invesco S&P 500 GARP ETF	-5.19%	9.80%	8.48%	20.29%	-13.83%	35.72%	15.92%	39.16%	1.68%	36.24%

Returns By Period

In the year-to-date period, ODFL achieves a 24.79% return, which is significantly higher than SPGP's -5.19% return. Over the past 10 years, ODFL has outperformed SPGP with an annualized return of 24.29%, while SPGP has yielded a comparatively lower 13.70% annualized return.

ODFL

• 1D: 2.98%
• 1M: -3.63%
• YTD: 24.79%
• 6M: 39.27%
• 1Y: 18.93%
• 3Y*: 5.26%
• 5Y*: 10.44%
• 10Y*: 24.29%

SPGP

• 1D: 3.24%
• 1M: -6.43%
• YTD: -5.19%
• 6M: -4.81%
• 1Y: 8.81%
• 3Y*: 9.45%
• 5Y*: 6.73%
• 10Y*: 13.70%

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

Return for Risk

ODFL vs. SPGP — Risk / Return Rank

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

ODFL

ODFL Risk / Return Rank: 56
ODFL Sharpe Ratio Rank: 58
ODFL Sortino Ratio Rank: 55
ODFL Omega Ratio Rank: 53
ODFL Calmar Ratio Rank: 59
ODFL Martin Ratio Rank: 57

SPGP

SPGP Risk / Return Rank: 28
SPGP Sharpe Ratio Rank: 26
SPGP Sortino Ratio Rank: 27
SPGP Omega Ratio Rank: 27
SPGP Calmar Ratio Rank: 29
SPGP Martin Ratio Rank: 32

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.

ODFL vs. SPGP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Old Dominion Freight Line, Inc. (ODFL) and Invesco S&P 500 GARP ETF (SPGP). 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.

	ODFL	SPGP	Difference
Sharpe ratio Return per unit of total volatility	0.45	0.41	+0.04
Sortino ratio Return per unit of downside risk	0.94	0.74	+0.21
Omega ratio Gain probability vs. loss probability	1.12	1.10	+0.02
Calmar ratio Return relative to maximum drawdown	0.69	0.65	+0.04
Martin ratio Return relative to average drawdown	1.46	2.64	-1.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ODFL vs. SPGP - Sharpe Ratio Comparison

The current ODFL Sharpe Ratio is 0.45, which is comparable to the SPGP Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of ODFL and SPGP, 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

	ODFL	SPGP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	0.41	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.37	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.65	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.70	-0.31

Correlation

The correlation between ODFL and SPGP is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ODFL vs. SPGP - Dividend Comparison

ODFL's dividend yield for the trailing twelve months is around 0.58%, less than SPGP's 0.98% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ODFL Old Dominion Freight Line, Inc.	0.58%	0.71%	0.59%	0.39%	0.42%	0.22%	0.31%	0.36%	0.42%	0.38%	0.00%	0.00%
SPGP Invesco S&P 500 GARP ETF	0.98%	1.04%	1.38%	1.24%	1.22%	0.69%	1.10%	0.86%	0.95%	0.68%	0.89%	1.12%

Drawdowns

ODFL vs. SPGP - Drawdown Comparison

The maximum ODFL drawdown since its inception was -66.29%, which is greater than SPGP's maximum drawdown of -42.08%. Use the drawdown chart below to compare losses from any high point for ODFL and SPGP.

Drawdown Indicators

	ODFL	SPGP	Difference
Max Drawdown Largest peak-to-trough decline	-66.29%	-42.08%	-24.21%
Max Drawdown (1Y) Largest decline over 1 year	-28.01%	-15.00%	-13.01%
Max Drawdown (5Y) Largest decline over 5 years	-45.18%	-22.87%	-22.31%
Max Drawdown (10Y) Largest decline over 10 years	-45.18%	-42.08%	-3.10%
Current Drawdown Current decline from peak	-14.89%	-8.27%	-6.62%
Average Drawdown Average peak-to-trough decline	-19.16%	-4.39%	-14.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.30%	3.68%	+9.62%

Volatility

ODFL vs. SPGP - Volatility Comparison

Old Dominion Freight Line, Inc. (ODFL) has a higher volatility of 13.82% compared to Invesco S&P 500 GARP ETF (SPGP) at 6.32%. This indicates that ODFL's price experiences larger fluctuations and is considered to be riskier than SPGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ODFL	SPGP	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.82%	6.32%	+7.50%
Volatility (6M) Calculated over the trailing 6-month period	28.51%	11.82%	+16.69%
Volatility (1Y) Calculated over the trailing 1-year period	42.53%	21.82%	+20.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.81%	18.49%	+17.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.88%	21.17%	+11.71%