OEGAX vs. VADAX
Compare and contrast key facts about Invesco Discovery Mid Cap Growth Fund Class A (OEGAX) and Invesco Equally-Weighted S&P 500 Fund Class A (VADAX).
OEGAX is an actively managed fund by Invesco. It was launched on Nov 1, 2000. VADAX is managed by Invesco.
Performance
OEGAX vs. VADAX - Performance Comparison
Loading graphics...
OEGAX vs. VADAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OEGAX Invesco Discovery Mid Cap Growth Fund Class A | 0.93% | 4.85% | 24.09% | 12.96% | -31.09% | 18.44% | 40.12% | 38.98% | -6.72% | 27.95% |
VADAX Invesco Equally-Weighted S&P 500 Fund Class A | -1.47% | 10.89% | 12.40% | 13.29% | -12.07% | 28.93% | 12.30% | 28.59% | -8.19% | 18.26% |
Returns By Period
In the year-to-date period, OEGAX achieves a 0.93% return, which is significantly higher than VADAX's -1.47% return. Over the past 10 years, OEGAX has outperformed VADAX with an annualized return of 11.40%, while VADAX has yielded a comparatively lower 10.47% annualized return.
OEGAX
- 1D
- -2.41%
- 1M
- -10.13%
- YTD
- 0.93%
- 6M
- -0.96%
- 1Y
- 20.80%
- 3Y*
- 12.14%
- 5Y*
- 3.64%
- 10Y*
- 11.40%
VADAX
- 1D
- -0.23%
- 1M
- -7.89%
- YTD
- -1.47%
- 6M
- -0.21%
- 1Y
- 10.07%
- 3Y*
- 10.61%
- 5Y*
- 7.23%
- 10Y*
- 10.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
OEGAX vs. VADAX - Expense Ratio Comparison
OEGAX has a 1.05% expense ratio, which is higher than VADAX's 0.52% expense ratio.
Return for Risk
OEGAX vs. VADAX — Risk / Return Rank
OEGAX
VADAX
OEGAX vs. VADAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Discovery Mid Cap Growth Fund Class A (OEGAX) and Invesco Equally-Weighted S&P 500 Fund Class A (VADAX). 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.
| OEGAX | VADAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 0.64 | +0.33 |
Sortino ratioReturn per unit of downside risk | 1.46 | 1.02 | +0.44 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.14 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.24 | 0.71 | -0.47 |
Martin ratioReturn relative to average drawdown | 0.84 | 3.23 | -2.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| OEGAX | VADAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 0.64 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.45 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.57 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.44 | -0.10 |
Correlation
The correlation between OEGAX and VADAX is 0.83, 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.
Dividends
OEGAX vs. VADAX - Dividend Comparison
OEGAX's dividend yield for the trailing twelve months is around 9.01%, less than VADAX's 10.36% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OEGAX Invesco Discovery Mid Cap Growth Fund Class A | 9.01% | 9.10% | 4.95% | 0.00% | 0.00% | 18.94% | 3.55% | 4.40% | 10.54% | 9.32% | 0.89% | 4.27% |
VADAX Invesco Equally-Weighted S&P 500 Fund Class A | 10.36% | 10.21% | 8.77% | 4.69% | 8.49% | 9.80% | 6.21% | 4.49% | 6.90% | 2.76% | 0.30% | 2.77% |
Drawdowns
OEGAX vs. VADAX - Drawdown Comparison
The maximum OEGAX drawdown since its inception was -53.73%, smaller than the maximum VADAX drawdown of -60.27%. Use the drawdown chart below to compare losses from any high point for OEGAX and VADAX.
Loading graphics...
Drawdown Indicators
| OEGAX | VADAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.73% | -60.27% | +6.54% |
Max Drawdown (1Y)Largest decline over 1 year | -12.87% | -12.61% | -0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -39.38% | -21.74% | -17.64% |
Max Drawdown (10Y)Largest decline over 10 years | -39.38% | -39.32% | -0.06% |
Current DrawdownCurrent decline from peak | -10.16% | -7.89% | -2.27% |
Average DrawdownAverage peak-to-trough decline | -12.86% | -7.13% | -5.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.16% | 2.78% | +3.38% |
Volatility
OEGAX vs. VADAX - Volatility Comparison
Invesco Discovery Mid Cap Growth Fund Class A (OEGAX) has a higher volatility of 7.85% compared to Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) at 3.76%. This indicates that OEGAX's price experiences larger fluctuations and is considered to be riskier than VADAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| OEGAX | VADAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.85% | 3.76% | +4.09% |
Volatility (6M)Calculated over the trailing 6-month period | 15.99% | 8.70% | +7.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.27% | 17.17% | +7.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.03% | 16.27% | +5.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.92% | 18.53% | +3.39% |