OYCIX vs. SPHD
Compare and contrast key facts about Invesco Select Risk: Conservative Investor Fund (OYCIX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD).
OYCIX is managed by Invesco. It was launched on Apr 4, 2005. SPHD is a passively managed fund by Invesco that tracks the performance of the S&P Low Volatility High Dividend index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OYCIX or SPHD.
Correlation
The correlation between OYCIX and SPHD is 0.62, 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
OYCIX vs. SPHD - Performance Comparison
Key characteristics
OYCIX:
1.60
SPHD:
2.19
OYCIX:
2.28
SPHD:
3.04
OYCIX:
1.29
SPHD:
1.40
OYCIX:
0.63
SPHD:
2.42
OYCIX:
6.25
SPHD:
8.51
OYCIX:
1.22%
SPHD:
2.79%
OYCIX:
4.76%
SPHD:
10.85%
OYCIX:
-48.99%
SPHD:
-41.39%
OYCIX:
-5.32%
SPHD:
-4.48%
Returns By Period
In the year-to-date period, OYCIX achieves a 1.88% return, which is significantly lower than SPHD's 2.03% return. Over the past 10 years, OYCIX has underperformed SPHD with an annualized return of 2.39%, while SPHD has yielded a comparatively higher 8.28% annualized return.
OYCIX
1.88%
1.40%
1.36%
6.97%
1.17%
2.39%
SPHD
2.03%
1.15%
2.99%
21.11%
7.10%
8.28%
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OYCIX vs. SPHD - Expense Ratio Comparison
OYCIX has a 0.17% expense ratio, which is lower than SPHD's 0.30% expense ratio.
Risk-Adjusted Performance
OYCIX vs. SPHD — Risk-Adjusted Performance Rank
OYCIX
SPHD
OYCIX vs. SPHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Select Risk: Conservative Investor Fund (OYCIX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). 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
OYCIX vs. SPHD - Dividend Comparison
OYCIX's dividend yield for the trailing twelve months is around 4.55%, more than SPHD's 3.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OYCIX Invesco Select Risk: Conservative Investor Fund | 4.55% | 4.64% | 3.36% | 2.24% | 3.82% | 2.33% | 3.67% | 2.59% | 2.42% | 2.40% | 2.42% | 2.01% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 3.32% | 3.41% | 4.48% | 3.89% | 3.46% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% | 3.24% |
Drawdowns
OYCIX vs. SPHD - Drawdown Comparison
The maximum OYCIX drawdown since its inception was -48.99%, which is greater than SPHD's maximum drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for OYCIX and SPHD. For additional features, visit the drawdowns tool.
Volatility
OYCIX vs. SPHD - Volatility Comparison
The current volatility for Invesco Select Risk: Conservative Investor Fund (OYCIX) is 1.22%, while Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) has a volatility of 3.30%. This indicates that OYCIX experiences smaller price fluctuations and is considered to be less risky than SPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.