PSPCX vs. VADDX

Last updated Jun 4, 2026

PSPCX (PIMCO StocksPLUS Fund Class C) and VADDX (Invesco Equally-Weighted S&P 500 Fund) are both S&P 500 funds. PSPCX is actively managed, while VADDX is passively managed. Over the past 10 years, PSPCX returned 14.35%/yr vs 11.66%/yr for VADDX. Their correlation of 0.92 suggests significant overlap in exposure. PSPCX charges 1.69%/yr vs 0.27%/yr for VADDX.

Performance

PSPCX vs. VADDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO StocksPLUS Fund Class C (PSPCX) and Invesco Equally-Weighted S&P 500 Fund (VADDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSPCX achieves a 11.39% return, which is significantly higher than VADDX's 10.05% return. Over the past 10 years, PSPCX has outperformed VADDX with an annualized return of 14.35%, while VADDX has yielded a comparatively lower 11.66% annualized return.

PSPCX

• 1D: 0.10%
• 1M: 5.77%
• YTD: 11.39%
• 6M: 2.98%
• 1Y: 18.68%
• 3Y*: 17.54%
• 5Y*: 9.99%
• 10Y*: 14.35%

VADDX

• 1D: 0.33%
• 1M: 4.13%
• YTD: 10.05%
• 6M: 10.54%
• 1Y: 19.82%
• 3Y*: 15.26%
• 5Y*: 8.40%
• 10Y*: 11.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PSPCX vs. VADDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSPCX PIMCO StocksPLUS Fund Class C	11.39%	7.00%	22.72%	24.17%	-21.92%	26.86%	17.29%	47.57%	-6.34%	21.34%
VADDX Invesco Equally-Weighted S&P 500 Fund	10.05%	11.16%	12.68%	13.58%	-11.86%	29.27%	12.56%	28.92%	-7.96%	18.55%

Correlation

The correlation between PSPCX and VADDX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jul 29, 1997	0.92

The correlation between PSPCX and VADDX shifts across timeframes, from 0.75 (1 year) to 0.92 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PSPCX vs. VADDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PSPCX

PSPCX Risk / Return Rank: 18
PSPCX Sharpe Ratio Rank: 22
PSPCX Sortino Ratio Rank: 16
PSPCX Omega Ratio Rank: 28
PSPCX Calmar Ratio Rank: 14
PSPCX Martin Ratio Rank: 13

VADDX

VADDX Risk / Return Rank: 42
VADDX Sharpe Ratio Rank: 39
VADDX Sortino Ratio Rank: 39
VADDX Omega Ratio Rank: 35
VADDX Calmar Ratio Rank: 49
VADDX Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PSPCX vs. VADDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO StocksPLUS Fund Class C (PSPCX) 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.

	PSPCX	VADDX	Difference
Sharpe ratio: Return per unit of total volatility	1.34	1.80	-0.46
Sortino ratio: Return per unit of downside risk	1.67	2.61	-0.95
Omega ratio: Gain probability vs. loss probability	1.28	1.32	-0.04
Calmar ratio: Return relative to maximum drawdown	1.25	2.66	-1.42
Martin ratio: Return relative to average drawdown	3.65	10.09	-6.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSPCX vs. VADDX - Sharpe Ratio Comparison

The current PSPCX Sharpe Ratio is 1.34, which is comparable to the VADDX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of PSPCX and VADDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PSPCX	VADDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	1.80	-0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.52	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.63	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.47	-0.02

Drawdowns

PSPCX vs. VADDX - Drawdown Comparison

The maximum PSPCX drawdown since its inception was -63.07%, roughly equal to the maximum VADDX drawdown of -60.12%. Use the drawdown chart below to compare losses from any high point for PSPCX and VADDX.

Drawdown Indicators

	PSPCX	VADDX	Difference
Max Drawdown Largest peak-to-trough decline	-63.07%	-60.12%	-2.95%
Max Drawdown (1Y) Largest decline over 1 year	-15.74%	-7.88%	-7.86%
Max Drawdown (3Y) Largest decline over 3 years	-20.40%	-17.86%	-2.54%
Max Drawdown (5Y) Largest decline over 5 years	-27.83%	-21.58%	-6.25%
Max Drawdown (10Y) Largest decline over 10 years	-36.46%	-39.39%	+2.93%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.96%	-7.00%	-3.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.34%	2.07%	+3.27%

Volatility

PSPCX vs. VADDX - Volatility Comparison

PIMCO StocksPLUS Fund Class C (PSPCX) and Invesco Equally-Weighted S&P 500 Fund (VADDX) have volatilities of 2.74% and 2.64%, 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.

Volatility by Period

	PSPCX	VADDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.74%	2.64%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	12.51%	8.38%	+4.13%
Volatility (1Y) Calculated over the trailing 1-year period	14.61%	11.64%	+2.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.62%	16.27%	+1.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.91%	18.54%	+0.37%

PSPCX vs. VADDX - Expense Ratio Comparison

PSPCX has a 1.69% expense ratio, which is higher than VADDX's 0.27% expense ratio.

Dividends

PSPCX vs. VADDX - Dividend Comparison

PSPCX's dividend yield for the trailing twelve months is around 16.23%, more than VADDX's 9.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSPCX PIMCO StocksPLUS Fund Class C	16.23%	16.57%	14.61%	2.25%	11.36%	16.99%	4.05%	27.22%	23.19%	0.76%	0.40%	11.53%
VADDX Invesco Equally-Weighted S&P 500 Fund	9.17%	10.09%	8.88%	4.86%	8.45%	9.92%	6.38%	4.68%	7.13%	2.97%	0.30%	2.98%

Frequently Asked Questions

Can I hold both PSPCX and VADDX in my portfolio?

PSPCX and VADDX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSPCX or VADDX?

PSPCX has higher volatility (2.74%) compared to VADDX (2.64%). In terms of maximum drawdown, PSPCX dropped -63.07% vs VADDX's -60.12%.

Which has better risk-adjusted returns?

VADDX currently has the higher Sharpe Ratio (1.80 vs 1.34), 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.