OPPAX vs. VADDX
Compare and contrast key facts about Invesco Global Fund (OPPAX) and Invesco Equally-Weighted S&P 500 Fund (VADDX).
OPPAX is managed by Invesco. It was launched on Dec 21, 1969. 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
OPPAX vs. VADDX - Performance Comparison
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OPPAX vs. VADDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OPPAX Invesco Global Fund | -9.72% | 15.20% | 16.16% | 34.18% | -32.18% | 15.23% | 27.64% | 31.58% | -13.65% | 36.25% |
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, OPPAX achieves a -9.72% return, which is significantly lower than VADDX's 0.61% return. Over the past 10 years, OPPAX has underperformed VADDX with an annualized return of 10.39%, while VADDX has yielded a comparatively higher 10.94% annualized return.
OPPAX
- 1D
- 4.19%
- 1M
- -5.95%
- YTD
- -9.72%
- 6M
- -6.68%
- 1Y
- 9.88%
- 3Y*
- 12.51%
- 5Y*
- 4.20%
- 10Y*
- 10.39%
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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OPPAX vs. VADDX - Expense Ratio Comparison
OPPAX has a 1.04% expense ratio, which is higher than VADDX's 0.27% expense ratio.
Return for Risk
OPPAX vs. VADDX — Risk / Return Rank
OPPAX
VADDX
OPPAX vs. VADDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Fund (OPPAX) 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.
| OPPAX | VADDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.53 | 0.74 | -0.21 |
Sortino ratioReturn per unit of downside risk | 0.95 | 1.15 | -0.20 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.16 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 0.05 | 0.93 | -0.88 |
Martin ratioReturn relative to average drawdown | 0.18 | 4.21 | -4.03 |
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
| OPPAX | 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 | 0.20 | 0.48 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.59 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.46 | +0.02 |
Correlation
The correlation between OPPAX and VADDX is 0.81, 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. VADDX - Dividend Comparison
OPPAX's dividend yield for the trailing twelve months is around 27.46%, more than VADDX's 10.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPPAX Invesco Global Fund | 27.46% | 24.79% | 11.93% | 10.72% | 14.18% | 7.18% | 5.72% | 1.35% | 12.92% | 5.92% | 0.69% | 5.17% |
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
OPPAX vs. VADDX - Drawdown Comparison
The maximum OPPAX drawdown since its inception was -60.39%, roughly equal to the maximum VADDX drawdown of -60.12%. Use the drawdown chart below to compare losses from any high point for OPPAX and VADDX.
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Drawdown Indicators
| OPPAX | VADDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.39% | -60.12% | -0.27% |
Max Drawdown (1Y)Largest decline over 1 year | -16.26% | -12.61% | -3.65% |
Max Drawdown (5Y)Largest decline over 5 years | -41.90% | -21.58% | -20.32% |
Max Drawdown (10Y)Largest decline over 10 years | -41.90% | -39.39% | -2.51% |
Current DrawdownCurrent decline from peak | -12.75% | -5.99% | -6.76% |
Average DrawdownAverage peak-to-trough decline | -15.49% | -7.03% | -8.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.54% | 2.80% | +2.74% |
Volatility
OPPAX vs. VADDX - Volatility Comparison
Invesco Global Fund (OPPAX) has a higher volatility of 7.56% compared to Invesco Equally-Weighted S&P 500 Fund (VADDX) at 4.48%. This indicates that OPPAX'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
| OPPAX | VADDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.56% | 4.48% | +3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 12.76% | 8.88% | +3.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.47% | 17.25% | +4.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.19% | 16.30% | +4.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.63% | 18.54% | +2.09% |