ODMAX vs. SPHY

In the year-to-date period, ODMAX achieves a 6.01% return, which is significantly higher than SPHY's 2.69% return. Over the past 10 years, ODMAX has underperformed SPHY with an annualized return of 1.63%, while SPHY has yielded a comparatively higher 4.72% annualized return.

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ODMAX has a 1.24% expense ratio, which is higher than SPHY's 0.10% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Invesco Developing Markets Fund (ODMAX) and SPDR Portfolio High Yield Bond ETF (SPHY). 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.

The current ODMAX Sharpe Ratio is 0.10, which is lower than the SPHY Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of ODMAX and SPHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

ODMAX has not paid dividends to shareholders, while SPHY's dividend yield for the trailing twelve months is around 7.66%.

The maximum ODMAX drawdown since its inception was -76.58%, which is greater than SPHY's maximum drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for ODMAX and SPHY.

Invesco Developing Markets Fund (ODMAX) has a higher volatility of 3.75% compared to SPDR Portfolio High Yield Bond ETF (SPHY) at 1.47%. This indicates that ODMAX's price experiences larger fluctuations and is considered to be riskier than SPHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.