OIDAX vs. VOO
Compare and contrast key facts about Invesco International Diversified Fund Class A (OIDAX) and Vanguard S&P 500 ETF (VOO).
OIDAX is managed by Invesco. It was launched on Sep 27, 2005. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OIDAX or VOO.
Correlation
The correlation between OIDAX and VOO is 0.79, 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.
Performance
OIDAX vs. VOO - Performance Comparison
Key characteristics
OIDAX:
0.02
VOO:
1.89
OIDAX:
0.12
VOO:
2.54
OIDAX:
1.01
VOO:
1.35
OIDAX:
0.01
VOO:
2.83
OIDAX:
0.05
VOO:
11.83
OIDAX:
6.05%
VOO:
2.02%
OIDAX:
13.19%
VOO:
12.66%
OIDAX:
-61.25%
VOO:
-33.99%
OIDAX:
-33.32%
VOO:
-0.42%
Returns By Period
In the year-to-date period, OIDAX achieves a 6.54% return, which is significantly higher than VOO's 4.17% return. Over the past 10 years, OIDAX has underperformed VOO with an annualized return of 1.73%, while VOO has yielded a comparatively higher 13.26% annualized return.
OIDAX
6.54%
3.43%
-4.16%
0.23%
-2.25%
1.73%
VOO
4.17%
1.23%
10.51%
24.45%
14.68%
13.26%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
OIDAX vs. VOO - Expense Ratio Comparison
OIDAX has a 0.42% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
OIDAX vs. VOO — Risk-Adjusted Performance Rank
OIDAX
VOO
OIDAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco International Diversified Fund Class A (OIDAX) and Vanguard S&P 500 ETF (VOO). 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
OIDAX vs. VOO - Dividend Comparison
OIDAX's dividend yield for the trailing twelve months is around 1.33%, more than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OIDAX Invesco International Diversified Fund Class A | 1.33% | 1.42% | 0.38% | 0.44% | 0.51% | 0.86% | 0.96% | 0.83% | 0.38% | 0.41% | 0.95% | 0.64% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
OIDAX vs. VOO - Drawdown Comparison
The maximum OIDAX drawdown since its inception was -61.25%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for OIDAX and VOO. For additional features, visit the drawdowns tool.
Volatility
OIDAX vs. VOO - Volatility Comparison
Invesco International Diversified Fund Class A (OIDAX) has a higher volatility of 3.33% compared to Vanguard S&P 500 ETF (VOO) at 2.94%. This indicates that OIDAX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.