ODMAX vs. VOO
Compare and contrast key facts about Invesco Developing Markets Fund (ODMAX) and Vanguard S&P 500 ETF (VOO).
ODMAX is managed by Invesco. It was launched on Nov 17, 1996. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ODMAX or VOO.
Correlation
The correlation between ODMAX and VOO is 0.70, 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.
Performance
ODMAX vs. VOO - Performance Comparison
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Key characteristics
ODMAX:
0.13
VOO:
0.70
ODMAX:
0.32
VOO:
1.15
ODMAX:
1.04
VOO:
1.17
ODMAX:
0.06
VOO:
0.76
ODMAX:
0.37
VOO:
2.93
ODMAX:
6.75%
VOO:
4.86%
ODMAX:
17.72%
VOO:
19.43%
ODMAX:
-76.58%
VOO:
-33.99%
ODMAX:
-29.80%
VOO:
-4.59%
Returns By Period
In the year-to-date period, ODMAX achieves a 7.19% return, which is significantly higher than VOO's -0.19% return. Over the past 10 years, ODMAX has underperformed VOO with an annualized return of 1.45%, while VOO has yielded a comparatively higher 12.67% annualized return.
ODMAX
7.19%
11.41%
2.27%
2.22%
2.15%
1.45%
VOO
-0.19%
9.25%
-1.98%
13.44%
17.53%
12.67%
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ODMAX vs. VOO - Expense Ratio Comparison
ODMAX has a 1.24% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
ODMAX vs. VOO — Risk-Adjusted Performance Rank
ODMAX
VOO
ODMAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Developing Markets Fund (ODMAX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
ODMAX vs. VOO - Dividend Comparison
ODMAX's dividend yield for the trailing twelve months is around 0.01%, less than VOO's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ODMAX Invesco Developing Markets Fund | 0.01% | 0.01% | 0.53% | 0.57% | 5.01% | 0.00% | 2.12% | 0.28% | 0.30% | 0.23% | 0.43% | 3.65% |
VOO Vanguard S&P 500 ETF | 1.30% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
ODMAX vs. VOO - Drawdown Comparison
The maximum ODMAX drawdown since its inception was -76.58%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ODMAX and VOO. For additional features, visit the drawdowns tool.
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Volatility
ODMAX vs. VOO - Volatility Comparison
The current volatility for Invesco Developing Markets Fund (ODMAX) is 4.75%, while Vanguard S&P 500 ETF (VOO) has a volatility of 6.36%. This indicates that ODMAX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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