OPGSX vs. VOO
OPGSX (Invesco Gold & Special Minerals Fund) and VOO (Vanguard S&P 500 ETF) are both funds - OPGSX is a Gold fund managed by Invesco, while VOO is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, OPGSX returned 13.96%/yr vs 15.77%/yr for VOO. At a 0.28 correlation, their price movements are largely independent. OPGSX charges 1.05%/yr vs 0.03%/yr for VOO.
Performance
OPGSX vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, OPGSX achieves a -2.24% return, which is significantly lower than VOO's 9.75% return. Over the past 10 years, OPGSX has underperformed VOO with an annualized return of 13.96%, while VOO has yielded a comparatively higher 15.77% annualized return.
OPGSX
- 1D
- -2.22%
- 1M
- -2.97%
- YTD
- -2.24%
- 6M
- -6.11%
- 1Y
- 54.86%
- 3Y*
- 35.30%
- 5Y*
- 17.41%
- 10Y*
- 13.96%
VOO
- 1D
- -0.29%
- 1M
- 0.08%
- YTD
- 9.75%
- 6M
- 9.30%
- 1Y
- 26.77%
- 3Y*
- 21.36%
- 5Y*
- 13.58%
- 10Y*
- 15.77%
OPGSX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OPGSX Invesco Gold & Special Minerals Fund | -2.24% | 131.03% | 13.05% | 6.35% | -16.86% | -2.75% | 36.15% | 46.37% | -13.15% | 17.17% |
VOO Vanguard S&P 500 ETF | 9.75% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between OPGSX and VOO is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.28 |
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Return for Risk
OPGSX vs. VOO — Risk / Return Rank
OPGSX
VOO
OPGSX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Gold & Special Minerals Fund (OPGSX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OPGSX | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.39 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 3.02 | -1.28 |
| Martin ratioReturn relative to average drawdown | 4.68 | 13.58 | -8.90 |
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Drawdowns
OPGSX vs. VOO - Drawdown Comparison
The maximum OPGSX drawdown since its inception was -80.04%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for OPGSX and VOO.
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Drawdown Indicators
| OPGSX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.04% | -33.99% | -46.05% |
Max Drawdown (1Y)Largest decline over 1 year | -34.52% | -8.90% | -25.62% |
Max Drawdown (3Y)Largest decline over 3 years | -34.52% | -18.69% | -15.83% |
Max Drawdown (5Y)Largest decline over 5 years | -47.09% | -24.52% | -22.57% |
Max Drawdown (10Y)Largest decline over 10 years | -47.09% | -33.99% | -13.10% |
Current DrawdownCurrent decline from peak | -26.65% | -1.74% | -24.91% |
Average DrawdownAverage peak-to-trough decline | -29.29% | -3.68% | -25.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.31% | 1.98% | +10.33% |
Volatility
OPGSX vs. VOO - Volatility Comparison
Invesco Gold & Special Minerals Fund (OPGSX) has a higher volatility of 15.59% compared to Vanguard S&P 500 ETF (VOO) at 4.60%. This indicates that OPGSX'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.
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Volatility by Period
| OPGSX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.59% | 4.60% | +10.99% |
Volatility (6M)Calculated over the trailing 6-month period | 37.02% | 9.73% | +27.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.12% | 12.39% | +32.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.95% | 16.90% | +17.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.10% | 18.05% | +15.05% |
OPGSX vs. VOO - Expense Ratio Comparison
OPGSX has a 1.05% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
OPGSX vs. VOO - Dividend Comparison
OPGSX's dividend yield for the trailing twelve months is around 0.44%, less than VOO's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPGSX Invesco Gold & Special Minerals Fund | 0.44% | 0.43% | 0.86% | 0.81% | 0.45% | 3.56% | 1.55% | 0.29% | 0.00% | 2.78% | 7.21% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.04% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
OPGSX and VOO have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPGSX has higher volatility (15.59%) compared to VOO (4.60%). In terms of maximum drawdown, OPGSX dropped -80.04% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (2.17 vs 1.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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