OPPAX vs. SWPPX
Compare and contrast key facts about Invesco Global Fund (OPPAX) and Schwab S&P 500 Index Fund (SWPPX).
OPPAX is managed by Invesco. It was launched on Dec 21, 1969. SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
OPPAX vs. SWPPX - Performance Comparison
Loading graphics...
OPPAX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OPPAX Invesco Global Fund | -13.35% | 15.20% | 16.16% | 34.18% | -32.18% | 15.23% | 27.64% | 31.58% | -13.65% | 36.25% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Returns By Period
In the year-to-date period, OPPAX achieves a -13.35% return, which is significantly lower than SWPPX's -7.07% return. Over the past 10 years, OPPAX has underperformed SWPPX with an annualized return of 9.94%, while SWPPX has yielded a comparatively higher 13.71% annualized return.
OPPAX
- 1D
- -0.49%
- 1M
- -10.82%
- YTD
- -13.35%
- 6M
- -9.87%
- 1Y
- 5.77%
- 3Y*
- 10.98%
- 5Y*
- 3.80%
- 10Y*
- 9.94%
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
OPPAX vs. SWPPX - Expense Ratio Comparison
OPPAX has a 1.04% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Return for Risk
OPPAX vs. SWPPX — Risk / Return Rank
OPPAX
SWPPX
OPPAX vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Fund (OPPAX) and Schwab S&P 500 Index Fund (SWPPX). 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.
| OPPAX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.29 | 0.84 | -0.54 |
Sortino ratioReturn per unit of downside risk | 0.60 | 1.30 | -0.70 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.20 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | -0.27 | 1.06 | -1.33 |
Martin ratioReturn relative to average drawdown | -0.92 | 5.14 | -6.06 |
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
| OPPAX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.29 | 0.84 | -0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.68 | -0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.76 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.48 | -0.01 |
Correlation
The correlation between OPPAX and SWPPX is 0.85, 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
OPPAX vs. SWPPX - Dividend Comparison
OPPAX's dividend yield for the trailing twelve months is around 28.62%, more than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPPAX Invesco Global Fund | 28.62% | 24.79% | 11.93% | 10.72% | 14.18% | 7.18% | 5.72% | 1.35% | 12.92% | 5.92% | 0.69% | 5.17% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
OPPAX vs. SWPPX - Drawdown Comparison
The maximum OPPAX drawdown since its inception was -60.39%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for OPPAX and SWPPX.
Loading graphics...
Drawdown Indicators
| OPPAX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.39% | -55.06% | -5.33% |
Max Drawdown (1Y)Largest decline over 1 year | -16.26% | -12.10% | -4.16% |
Max Drawdown (5Y)Largest decline over 5 years | -41.90% | -24.51% | -17.39% |
Max Drawdown (10Y)Largest decline over 10 years | -41.90% | -33.80% | -8.10% |
Current DrawdownCurrent decline from peak | -16.26% | -8.89% | -7.37% |
Average DrawdownAverage peak-to-trough decline | -15.49% | -10.00% | -5.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.48% | 2.49% | +2.99% |
Volatility
OPPAX vs. SWPPX - Volatility Comparison
Invesco Global Fund (OPPAX) has a higher volatility of 5.94% compared to Schwab S&P 500 Index Fund (SWPPX) at 4.29%. This indicates that OPPAX's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| OPPAX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.94% | 4.29% | +1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 12.07% | 9.11% | +2.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.07% | 18.14% | +2.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.11% | 16.89% | +4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.58% | 18.19% | +2.39% |