OEGAX vs. VAFAX
Compare and contrast key facts about Invesco Discovery Mid Cap Growth Fund Class A (OEGAX) and Invesco American Franchise Fund Class A (VAFAX).
OEGAX is an actively managed fund by Invesco. It was launched on Nov 1, 2000. VAFAX is managed by Invesco. It was launched on Jun 23, 2005.
Performance
OEGAX vs. VAFAX - Performance Comparison
Loading graphics...
OEGAX vs. VAFAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OEGAX Invesco Discovery Mid Cap Growth Fund Class A | 5.28% | 4.85% | 24.09% | 12.96% | -31.09% | 18.44% | 40.12% | 38.98% | -6.72% | 27.95% |
VAFAX Invesco American Franchise Fund Class A | -9.70% | 11.86% | 34.78% | 40.91% | -31.20% | 11.13% | 42.15% | 36.55% | -3.99% | 27.11% |
Returns By Period
In the year-to-date period, OEGAX achieves a 5.28% return, which is significantly higher than VAFAX's -9.70% return. Over the past 10 years, OEGAX has underperformed VAFAX with an annualized return of 11.87%, while VAFAX has yielded a comparatively higher 13.99% annualized return.
OEGAX
- 1D
- 4.31%
- 1M
- -6.10%
- YTD
- 5.28%
- 6M
- 3.55%
- 1Y
- 24.84%
- 3Y*
- 13.73%
- 5Y*
- 4.11%
- 10Y*
- 11.87%
VAFAX
- 1D
- 4.44%
- 1M
- -5.93%
- YTD
- -9.70%
- 6M
- -12.22%
- 1Y
- 14.68%
- 3Y*
- 19.34%
- 5Y*
- 7.06%
- 10Y*
- 13.99%
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. VAFAX - Expense Ratio Comparison
OEGAX has a 1.05% expense ratio, which is higher than VAFAX's 0.95% expense ratio.
Return for Risk
OEGAX vs. VAFAX — Risk / Return Rank
OEGAX
VAFAX
OEGAX vs. VAFAX - 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 American Franchise Fund Class A (VAFAX). 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 | VAFAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.19 | 0.63 | +0.56 |
Sortino ratioReturn per unit of downside risk | 1.74 | 1.06 | +0.68 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.15 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 0.55 | 0.65 | -0.10 |
Martin ratioReturn relative to average drawdown | 2.11 | 2.03 | +0.09 |
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 | VAFAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 0.63 | +0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.31 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.63 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.53 | -0.18 |
Correlation
The correlation between OEGAX and VAFAX is 0.86, 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. VAFAX - Dividend Comparison
OEGAX's dividend yield for the trailing twelve months is around 8.64%, less than VAFAX's 15.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OEGAX Invesco Discovery Mid Cap Growth Fund Class A | 8.64% | 9.10% | 4.95% | 0.00% | 0.00% | 18.94% | 3.55% | 4.40% | 10.54% | 9.32% | 0.89% | 4.27% |
VAFAX Invesco American Franchise Fund Class A | 15.61% | 14.09% | 3.74% | 0.00% | 8.32% | 26.50% | 8.78% | 6.85% | 10.42% | 5.37% | 4.08% | 4.90% |
Drawdowns
OEGAX vs. VAFAX - Drawdown Comparison
The maximum OEGAX drawdown since its inception was -53.73%, which is greater than VAFAX's maximum drawdown of -48.48%. Use the drawdown chart below to compare losses from any high point for OEGAX and VAFAX.
Loading graphics...
Drawdown Indicators
| OEGAX | VAFAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.73% | -48.48% | -5.25% |
Max Drawdown (1Y)Largest decline over 1 year | -12.87% | -19.27% | +6.40% |
Max Drawdown (5Y)Largest decline over 5 years | -39.38% | -38.86% | -0.52% |
Max Drawdown (10Y)Largest decline over 10 years | -39.38% | -38.86% | -0.52% |
Current DrawdownCurrent decline from peak | -6.29% | -15.69% | +9.40% |
Average DrawdownAverage peak-to-trough decline | -12.86% | -8.16% | -4.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.82% | 6.14% | -1.32% |
Volatility
OEGAX vs. VAFAX - Volatility Comparison
Invesco Discovery Mid Cap Growth Fund Class A (OEGAX) has a higher volatility of 9.17% compared to Invesco American Franchise Fund Class A (VAFAX) at 8.31%. This indicates that OEGAX's price experiences larger fluctuations and is considered to be riskier than VAFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| OEGAX | VAFAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.17% | 8.31% | +0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 16.50% | 15.69% | +0.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.61% | 25.39% | -0.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.10% | 23.03% | -0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.96% | 22.23% | -0.27% |