OIBAX vs. VADDX
Compare and contrast key facts about Invesco International Bond Fund (OIBAX) and Invesco Equally-Weighted S&P 500 Fund (VADDX).
OIBAX is managed by Invesco. It was launched on Jun 14, 1995. VADDX is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Index. It was launched on Jul 28, 1997.
Performance
OIBAX vs. VADDX - Performance Comparison
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OIBAX vs. VADDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OIBAX Invesco International Bond Fund | -6.43% | 16.00% | 1.58% | 7.41% | -13.45% | -10.24% | 8.25% | 9.44% | -5.87% | 10.87% |
VADDX Invesco Equally-Weighted S&P 500 Fund | 0.61% | 11.16% | 12.68% | 13.58% | -11.86% | 29.27% | 12.56% | 28.92% | -7.96% | 18.55% |
Returns By Period
In the year-to-date period, OIBAX achieves a -6.43% return, which is significantly lower than VADDX's 0.61% return. Over the past 10 years, OIBAX has underperformed VADDX with an annualized return of 1.48%, while VADDX has yielded a comparatively higher 10.94% annualized return.
OIBAX
- 1D
- 1.35%
- 1M
- -6.82%
- YTD
- -6.43%
- 6M
- -2.87%
- 1Y
- 4.81%
- 3Y*
- 5.23%
- 5Y*
- -0.27%
- 10Y*
- 1.48%
VADDX
- 1D
- 2.06%
- 1M
- -5.82%
- YTD
- 0.61%
- 6M
- 1.75%
- 1Y
- 12.48%
- 3Y*
- 11.64%
- 5Y*
- 7.70%
- 10Y*
- 10.94%
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OIBAX vs. VADDX - Expense Ratio Comparison
OIBAX has a 1.16% expense ratio, which is higher than VADDX's 0.27% expense ratio.
Return for Risk
OIBAX vs. VADDX — Risk / Return Rank
OIBAX
VADDX
OIBAX vs. VADDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco International Bond Fund (OIBAX) and Invesco Equally-Weighted S&P 500 Fund (VADDX). 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.
| OIBAX | VADDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.53 | 0.74 | -0.21 |
Sortino ratioReturn per unit of downside risk | 0.75 | 1.15 | -0.40 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.16 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.50 | 0.93 | -0.44 |
Martin ratioReturn relative to average drawdown | 2.26 | 4.21 | -1.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OIBAX | VADDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 0.74 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.48 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.18 | 0.59 | -0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.46 | +0.28 |
Correlation
The correlation between OIBAX and VADDX is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
OIBAX vs. VADDX - Dividend Comparison
OIBAX's dividend yield for the trailing twelve months is around 2.75%, less than VADDX's 10.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OIBAX Invesco International Bond Fund | 2.75% | 3.68% | 4.53% | 3.63% | 2.86% | 2.85% | 2.87% | 4.91% | 4.79% | 4.18% | 4.44% | 3.35% |
VADDX Invesco Equally-Weighted S&P 500 Fund | 10.03% | 10.09% | 8.88% | 4.86% | 8.45% | 9.92% | 6.38% | 4.68% | 7.13% | 2.97% | 0.30% | 2.98% |
Drawdowns
OIBAX vs. VADDX - Drawdown Comparison
The maximum OIBAX drawdown since its inception was -32.33%, smaller than the maximum VADDX drawdown of -60.12%. Use the drawdown chart below to compare losses from any high point for OIBAX and VADDX.
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Drawdown Indicators
| OIBAX | VADDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.33% | -60.12% | +27.79% |
Max Drawdown (1Y)Largest decline over 1 year | -9.96% | -12.61% | +2.65% |
Max Drawdown (5Y)Largest decline over 5 years | -29.49% | -21.58% | -7.91% |
Max Drawdown (10Y)Largest decline over 10 years | -32.33% | -39.39% | +7.06% |
Current DrawdownCurrent decline from peak | -8.93% | -5.99% | -2.94% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -7.03% | +1.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.19% | 2.80% | -0.61% |
Volatility
OIBAX vs. VADDX - Volatility Comparison
Invesco International Bond Fund (OIBAX) has a higher volatility of 6.41% compared to Invesco Equally-Weighted S&P 500 Fund (VADDX) at 4.48%. This indicates that OIBAX's price experiences larger fluctuations and is considered to be riskier than VADDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OIBAX | VADDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 4.48% | +1.93% |
Volatility (6M)Calculated over the trailing 6-month period | 7.95% | 8.88% | -0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.64% | 17.25% | -6.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.97% | 16.30% | -7.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.48% | 18.54% | -10.06% |