ODMAX vs. VWO
Compare and contrast key facts about Invesco Developing Markets Fund (ODMAX) and Vanguard FTSE Emerging Markets ETF (VWO).
ODMAX is managed by Invesco. It was launched on Nov 17, 1996. VWO is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Mar 4, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ODMAX or VWO.
Correlation
The correlation between ODMAX and VWO is 0.89, 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.
Performance
ODMAX vs. VWO - Performance Comparison
Key characteristics
ODMAX:
0.56
VWO:
1.24
ODMAX:
0.88
VWO:
1.80
ODMAX:
1.11
VWO:
1.23
ODMAX:
0.22
VWO:
0.89
ODMAX:
1.51
VWO:
3.83
ODMAX:
5.31%
VWO:
4.75%
ODMAX:
14.17%
VWO:
14.61%
ODMAX:
-76.58%
VWO:
-67.68%
ODMAX:
-30.86%
VWO:
-7.26%
Returns By Period
In the year-to-date period, ODMAX achieves a 5.57% return, which is significantly higher than VWO's 4.18% return. Over the past 10 years, ODMAX has underperformed VWO with an annualized return of 1.61%, while VWO has yielded a comparatively higher 4.02% annualized return.
ODMAX
5.57%
5.13%
-0.87%
5.63%
-1.88%
1.61%
VWO
4.18%
4.75%
5.36%
15.24%
4.20%
4.02%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ODMAX vs. VWO - Expense Ratio Comparison
ODMAX has a 1.24% expense ratio, which is higher than VWO's 0.08% expense ratio.
Risk-Adjusted Performance
ODMAX vs. VWO — Risk-Adjusted Performance Rank
ODMAX
VWO
ODMAX vs. VWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Developing Markets Fund (ODMAX) and Vanguard FTSE Emerging Markets ETF (VWO). 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.
Dividends
ODMAX vs. VWO - Dividend Comparison
ODMAX has not paid dividends to shareholders, while VWO's dividend yield for the trailing twelve months is around 3.07%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ODMAX Invesco Developing Markets Fund | 0.00% | 0.01% | 0.53% | 0.57% | 0.10% | 0.00% | 0.23% | 0.28% | 0.30% | 0.23% | 0.42% | 0.29% |
VWO Vanguard FTSE Emerging Markets ETF | 3.07% | 3.20% | 3.52% | 4.11% | 2.63% | 1.91% | 3.24% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% |
Drawdowns
ODMAX vs. VWO - Drawdown Comparison
The maximum ODMAX drawdown since its inception was -76.58%, which is greater than VWO's maximum drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for ODMAX and VWO. For additional features, visit the drawdowns tool.
Volatility
ODMAX vs. VWO - Volatility Comparison
Invesco Developing Markets Fund (ODMAX) has a higher volatility of 4.19% compared to Vanguard FTSE Emerging Markets ETF (VWO) at 3.58%. This indicates that ODMAX's price experiences larger fluctuations and is considered to be riskier than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.