OPPAX vs. VOO
Compare and contrast key facts about Invesco Global Fund (OPPAX) and Vanguard S&P 500 ETF (VOO).
OPPAX is managed by Invesco. It was launched on Dec 21, 1969. 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: OPPAX or VOO.
Correlation
The correlation between OPPAX and VOO is 0.90, 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
OPPAX vs. VOO - Performance Comparison
Key characteristics
OPPAX:
0.05
VOO:
0.52
OPPAX:
0.24
VOO:
0.89
OPPAX:
1.03
VOO:
1.13
OPPAX:
0.06
VOO:
0.57
OPPAX:
0.23
VOO:
2.18
OPPAX:
5.69%
VOO:
4.85%
OPPAX:
21.94%
VOO:
19.11%
OPPAX:
-54.22%
VOO:
-33.99%
OPPAX:
-9.01%
VOO:
-7.67%
Returns By Period
The year-to-date returns for both investments are quite close, with OPPAX having a -3.57% return and VOO slightly higher at -3.41%. Over the past 10 years, OPPAX has underperformed VOO with an annualized return of 9.35%, while VOO has yielded a comparatively higher 12.42% annualized return.
OPPAX
-3.57%
4.60%
-4.90%
1.12%
10.98%
9.35%
VOO
-3.41%
3.92%
-5.06%
9.92%
15.85%
12.42%
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. VOO - Expense Ratio Comparison
OPPAX has a 1.04% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
OPPAX vs. VOO — Risk-Adjusted Performance Rank
OPPAX
VOO
OPPAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Fund (OPPAX) 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
OPPAX vs. VOO - Dividend Comparison
OPPAX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.34%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPPAX Invesco Global Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.53% | 0.55% | 0.55% | 0.69% | 0.69% | 0.87% |
VOO Vanguard S&P 500 ETF | 1.34% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
OPPAX vs. VOO - Drawdown Comparison
The maximum OPPAX drawdown since its inception was -54.22%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for OPPAX and VOO. For additional features, visit the drawdowns tool.
Volatility
OPPAX vs. VOO - Volatility Comparison
Invesco Global Fund (OPPAX) and Vanguard S&P 500 ETF (VOO) have volatilities of 6.95% and 6.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.