OOSAX vs. VWEAX
Compare and contrast key facts about Invesco Senior Floating Rate Fund (OOSAX) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX).
OOSAX is managed by Invesco. It was launched on Sep 7, 1999. VWEAX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OOSAX or VWEAX.
Correlation
The correlation between OOSAX and VWEAX is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
OOSAX vs. VWEAX - Performance Comparison
Key characteristics
OOSAX:
2.74
VWEAX:
2.52
OOSAX:
7.19
VWEAX:
4.07
OOSAX:
2.15
VWEAX:
1.61
OOSAX:
14.04
VWEAX:
4.30
OOSAX:
37.41
VWEAX:
13.61
OOSAX:
0.23%
VWEAX:
0.59%
OOSAX:
3.09%
VWEAX:
3.18%
OOSAX:
-32.11%
VWEAX:
-30.03%
OOSAX:
-0.15%
VWEAX:
-0.03%
Returns By Period
In the year-to-date period, OOSAX achieves a -0.15% return, which is significantly lower than VWEAX's 0.74% return. Over the past 10 years, OOSAX has underperformed VWEAX with an annualized return of 3.85%, while VWEAX has yielded a comparatively higher 4.60% annualized return.
OOSAX
-0.15%
0.72%
4.16%
8.45%
4.85%
3.85%
VWEAX
0.74%
1.26%
3.93%
7.79%
3.69%
4.60%
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OOSAX vs. VWEAX - Expense Ratio Comparison
OOSAX has a 1.04% expense ratio, which is higher than VWEAX's 0.13% expense ratio.
Risk-Adjusted Performance
OOSAX vs. VWEAX — Risk-Adjusted Performance Rank
OOSAX
VWEAX
OOSAX vs. VWEAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Senior Floating Rate Fund (OOSAX) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX). 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
OOSAX vs. VWEAX - Dividend Comparison
OOSAX's dividend yield for the trailing twelve months is around 9.20%, more than VWEAX's 6.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OOSAX Invesco Senior Floating Rate Fund | 9.20% | 9.18% | 8.58% | 8.11% | 4.36% | 4.83% | 5.23% | 4.64% | 4.10% | 4.77% | 4.64% | 4.55% |
VWEAX Vanguard High-Yield Corporate Fund Admiral Shares | 6.14% | 6.18% | 5.79% | 5.20% | 4.24% | 4.72% | 5.32% | 6.10% | 5.42% | 5.49% | 5.99% | 5.71% |
Drawdowns
OOSAX vs. VWEAX - Drawdown Comparison
The maximum OOSAX drawdown since its inception was -32.11%, which is greater than VWEAX's maximum drawdown of -30.03%. Use the drawdown chart below to compare losses from any high point for OOSAX and VWEAX. For additional features, visit the drawdowns tool.
Volatility
OOSAX vs. VWEAX - Volatility Comparison
Invesco Senior Floating Rate Fund (OOSAX) has a higher volatility of 0.98% compared to Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) at 0.92%. This indicates that OOSAX's price experiences larger fluctuations and is considered to be riskier than VWEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.