ODVYX vs. ACSTX

Last updated Jul 11, 2026

ODVYX (Invesco Developing Markets Fund Class Y) and ACSTX (Invesco Comstock Fund) are both mutual funds - ODVYX is a Emerging Markets Equities fund actively managed by Invesco, while ACSTX is a Large Cap Value Equities fund managed by Invesco. Over the past 10 years, ODVYX returned 7.24%/yr vs 12.81%/yr for ACSTX. A 0.67 correlation means they provide meaningful diversification when combined. ODVYX charges 1.05%/yr vs 0.80%/yr for ACSTX.

Performance

ODVYX vs. ACSTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Developing Markets Fund Class Y (ODVYX) and Invesco Comstock Fund (ACSTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ODVYX achieves a 15.43% return, which is significantly higher than ACSTX's 11.85% return. Over the past 10 years, ODVYX has underperformed ACSTX with an annualized return of 7.24%, while ACSTX has yielded a comparatively higher 12.81% annualized return.

ODVYX

• 1D: -0.33%
• 1M: -2.53%
• 6M: 11.19%
• YTD: 15.43%
• 1Y: 33.29%
• 3Y*: 13.94%
• 5Y*: 2.07%
• 10Y*: 7.24%

ACSTX

• 1D: 0.41%
• 1M: 0.53%
• 6M: 8.78%
• YTD: 11.85%
• 1Y: 20.44%
• 3Y*: 17.75%
• 5Y*: 12.99%
• 10Y*: 12.81%

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

ODVYX vs. ACSTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ODVYX Invesco Developing Markets Fund Class Y	15.43%	28.63%	-1.12%	11.40%	-24.97%	-7.29%	17.50%	24.35%	-11.93%	35.10%
ACSTX Invesco Comstock Fund	11.85%	17.22%	15.00%	12.37%	0.74%	33.33%	-0.78%	24.35%	-12.34%	17.75%

Correlation

The correlation between ODVYX and ACSTX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Sep 7, 2005	0.67

Over the past year, the correlation between ODVYX and ACSTX has dropped to 0.45 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.

Return for Risk

ODVYX vs. ACSTX — Risk / Return Rank

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

ODVYX

ODVYX Risk / Return Rank: 65
ODVYX Sharpe Ratio Rank: 65
ODVYX Sortino Ratio Rank: 56
ODVYX Omega Ratio Rank: 67
ODVYX Calmar Ratio Rank: 77
ODVYX Martin Ratio Rank: 62

ACSTX

ACSTX Risk / Return Rank: 68
ACSTX Sharpe Ratio Rank: 70
ACSTX Sortino Ratio Rank: 72
ACSTX Omega Ratio Rank: 66
ACSTX Calmar Ratio Rank: 69
ACSTX Martin Ratio Rank: 63

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.

ODVYX vs. ACSTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Developing Markets Fund Class Y (ODVYX) and Invesco Comstock Fund (ACSTX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ODVYX	ACSTX	Difference
Sharpe ratio: Return per unit of total volatility	1.78	1.85	-0.07
Sortino ratio: Return per unit of downside risk	2.37	2.69	-0.32
Omega ratio: Gain probability vs. loss probability	1.34	1.33	0.00
Calmar ratio: Return relative to maximum drawdown	2.80	2.53	+0.27
Martin ratio: Return relative to average drawdown	9.43	9.59	-0.16

ODVYX vs. ACSTX - Sharpe Ratio Comparison

The current ODVYX Sharpe Ratio is 1.78, which is comparable to the ACSTX Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of ODVYX and ACSTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ODVYX vs. ACSTX - Drawdown Comparison

The maximum ODVYX drawdown since its inception was -61.49%, roughly equal to the maximum ACSTX drawdown of -58.61%. Use the drawdown chart below to compare losses from any high point for ODVYX and ACSTX.

Drawdown Indicators

	ODVYX	ACSTX	Difference
Max Drawdown Largest peak-to-trough decline	-61.49%	-58.61%	-2.88%
Max Drawdown (1Y) Largest decline over 1 year	-12.07%	-8.02%	-4.05%
Max Drawdown (3Y) Largest decline over 3 years	-18.17%	-15.61%	-2.56%
Max Drawdown (5Y) Largest decline over 5 years	-42.59%	-17.25%	-25.34%
Max Drawdown (10Y) Largest decline over 10 years	-46.02%	-44.80%	-1.22%
Current Drawdown Current decline from peak	-6.84%	-0.47%	-6.37%
Average Drawdown Average peak-to-trough decline	-14.50%	-9.33%	-5.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	2.11%	+1.46%

Volatility

ODVYX vs. ACSTX - Volatility Comparison

Invesco Developing Markets Fund Class Y (ODVYX) has a higher volatility of 7.83% compared to Invesco Comstock Fund (ACSTX) at 3.00%. This indicates that ODVYX's price experiences larger fluctuations and is considered to be riskier than ACSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ODVYX	ACSTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.83%	3.00%	+4.83%
Volatility (6M) Calculated over the trailing 6-month period	16.54%	8.23%	+8.31%
Volatility (1Y) Calculated over the trailing 1-year period	18.94%	10.98%	+7.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.25%	15.30%	+2.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.03%	19.32%	-1.29%

ODVYX vs. ACSTX - Expense Ratio Comparison

ODVYX has a 1.05% expense ratio, which is higher than ACSTX's 0.80% expense ratio.

Dividends

ODVYX vs. ACSTX - Dividend Comparison

ODVYX's dividend yield for the trailing twelve months is around 37.34%, more than ACSTX's 7.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACSTX Invesco Comstock Fund	7.94%	8.79%	10.17%	8.44%	13.00%	8.66%	2.05%	6.66%	10.03%	3.60%	6.98%	1.10%
ODVYX Invesco Developing Markets Fund Class Y	37.34%	43.10%	0.26%	0.81%	0.94%	5.40%	0.22%	2.43%	0.62%	0.57%	0.52%	0.75%

Frequently Asked Questions

Can I hold both ODVYX and ACSTX in my portfolio?

ODVYX and ACSTX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ODVYX or ACSTX?

ODVYX has higher volatility (7.83%) compared to ACSTX (3.00%). In terms of maximum drawdown, ODVYX dropped -61.49% vs ACSTX's -58.61%.

Which has better risk-adjusted returns?

ACSTX currently has the higher Sharpe Ratio (1.85 vs 1.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.