ODVIX vs. VIIIX
Compare and contrast key facts about Invesco Developing Markets Fund Class R6 (ODVIX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX).
ODVIX is managed by Invesco. It was launched on Dec 29, 2011. VIIIX is managed by Vanguard. It was launched on Jul 7, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ODVIX or VIIIX.
Correlation
The correlation between ODVIX and VIIIX is 0.68, 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
ODVIX vs. VIIIX - Performance Comparison
Key characteristics
ODVIX:
-0.01
VIIIX:
0.48
ODVIX:
0.11
VIIIX:
0.79
ODVIX:
1.01
VIIIX:
1.12
ODVIX:
-0.00
VIIIX:
0.49
ODVIX:
-0.02
VIIIX:
1.96
ODVIX:
6.58%
VIIIX:
4.75%
ODVIX:
17.52%
VIIIX:
19.50%
ODVIX:
-48.46%
VIIIX:
-55.18%
ODVIX:
-31.82%
VIIIX:
-9.29%
Returns By Period
In the year-to-date period, ODVIX achieves a 2.63% return, which is significantly higher than VIIIX's -5.09% return. Over the past 10 years, ODVIX has underperformed VIIIX with an annualized return of 1.49%, while VIIIX has yielded a comparatively higher 10.93% annualized return.
ODVIX
2.63%
0.13%
-2.91%
1.13%
1.77%
1.49%
VIIIX
-5.09%
-0.68%
-4.75%
10.70%
14.17%
10.93%
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ODVIX vs. VIIIX - Expense Ratio Comparison
ODVIX has a 0.88% expense ratio, which is higher than VIIIX's 0.02% expense ratio.
Risk-Adjusted Performance
ODVIX vs. VIIIX — Risk-Adjusted Performance Rank
ODVIX
VIIIX
ODVIX vs. VIIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Developing Markets Fund Class R6 (ODVIX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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
ODVIX vs. VIIIX - Dividend Comparison
ODVIX's dividend yield for the trailing twelve months is around 0.41%, less than VIIIX's 1.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ODVIX Invesco Developing Markets Fund Class R6 | 0.41% | 0.42% | 0.95% | 1.18% | 0.57% | 0.35% | 0.70% | 0.80% | 0.73% | 0.72% | 0.99% | 0.85% |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 1.40% | 1.28% | 1.49% | 1.75% | 1.30% | 1.60% | 1.93% | 2.14% | 1.84% | 2.09% | 2.47% | 1.90% |
Drawdowns
ODVIX vs. VIIIX - Drawdown Comparison
The maximum ODVIX drawdown since its inception was -48.46%, smaller than the maximum VIIIX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for ODVIX and VIIIX. For additional features, visit the drawdowns tool.
Volatility
ODVIX vs. VIIIX - Volatility Comparison
The current volatility for Invesco Developing Markets Fund Class R6 (ODVIX) is 9.56%, while Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) has a volatility of 14.08%. This indicates that ODVIX experiences smaller price fluctuations and is considered to be less risky than VIIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.