ODIIX vs. VTG

Last updated Jun 4, 2026

ODIIX (Invesco Discovery Fund Class R6) and VTG (Vanguard Total Treasury ETF) are both funds - ODIIX is a Small Cap Growth Equities fund actively managed by Invesco, while VTG is a Intermediate Core Bond fund tracking the Bloomberg U.S. Treasury Total Return Unhedged USD Index. ODIIX is actively managed, while VTG is passively managed. At a 0.20 correlation, their price movements are largely independent. ODIIX charges 0.65%/yr vs 0.03%/yr for VTG.

Performance

ODIIX vs. VTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Discovery Fund Class R6 (ODIIX) and Vanguard Total Treasury ETF (VTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ODIIX achieves a 31.17% return, which is significantly higher than VTG's -0.11% return.

ODIIX

• 1D: 2.40%
• 1M: 5.95%
• YTD: 31.17%
• 6M: 31.62%
• 1Y: 56.74%
• 3Y*: 27.32%
• 5Y*: 11.28%
• 10Y*: 16.99%

VTG

• 1D: -0.17%
• 1M: 0.11%
• YTD: -0.11%
• 6M: -0.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ODIIX vs. VTG - Yearly Performance Comparison

	2026 (YTD)	2025
ODIIX Invesco Discovery Fund Class R6	31.17%	13.23%
VTG Vanguard Total Treasury ETF	-0.11%	2.88%

Correlation

The correlation between ODIIX and VTG is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2025	0.20

Return for Risk

ODIIX vs. VTG — Risk / Return Rank

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

ODIIX

ODIIX Risk / Return Rank: 80
ODIIX Sharpe Ratio Rank: 81
ODIIX Sortino Ratio Rank: 69
ODIIX Omega Ratio Rank: 62
ODIIX Calmar Ratio Rank: 95
ODIIX Martin Ratio Rank: 95

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.

ODIIX vs. VTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Discovery Fund Class R6 (ODIIX) and Vanguard Total Treasury ETF (VTG). 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.

	ODIIX	VTG	Difference
Sharpe ratio Return per unit of total volatility	2.63	—	—
Sortino ratio Return per unit of downside risk	3.46	—	—
Omega ratio Gain probability vs. loss probability	1.44	—	—
Calmar ratio Return relative to maximum drawdown	5.84	—	—
Martin ratio Return relative to average drawdown	23.17	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ODIIX	VTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.63	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.88	-0.21

Drawdowns

ODIIX vs. VTG - Drawdown Comparison

The maximum ODIIX drawdown since its inception was -43.06%, which is greater than VTG's maximum drawdown of -2.89%. Use the drawdown chart below to compare losses from any high point for ODIIX and VTG.

Drawdown Indicators

	ODIIX	VTG	Difference
Max Drawdown Largest peak-to-trough decline	-43.06%	-2.89%	-40.17%
Max Drawdown (1Y) Largest decline over 1 year	-11.36%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.52%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.06%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.06%	—	—
Current Drawdown Current decline from peak	-0.18%	-1.89%	+1.71%
Average Drawdown Average peak-to-trough decline	-10.16%	-0.73%	-9.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	—	—

Volatility

Volatility by Period

	ODIIX	VTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.23%	3.51%	+21.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.54%	3.51%	+22.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.92%	3.51%	+21.41%

ODIIX vs. VTG - Expense Ratio Comparison

ODIIX has a 0.65% expense ratio, which is higher than VTG's 0.03% expense ratio.

Dividends

ODIIX vs. VTG - Dividend Comparison

ODIIX's dividend yield for the trailing twelve months is around 7.58%, more than VTG's 3.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ODIIX Invesco Discovery Fund Class R6	7.58%	9.94%	5.27%	0.00%	0.00%	16.15%	9.22%	5.40%	16.05%	10.90%	3.86%	6.15%
VTG Vanguard Total Treasury ETF	3.21%	1.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ODIIX and VTG in my portfolio?

ODIIX and VTG have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.