QMGYX vs. VADDX

Last updated Jul 18, 2026

QMGYX (Invesco Advantage International Fund) and VADDX (Invesco Equally-Weighted S&P 500 Fund) are both mutual funds - QMGYX is a Foreign Large Cap Equities fund managed by Invesco, while VADDX is a S&P 500 fund tracking the S&P 500 Equal Weight Index. A 0.72 correlation means they provide meaningful diversification when combined. QMGYX charges 0.64%/yr vs 0.27%/yr for VADDX.

Performance

QMGYX vs. VADDX - Performance Comparison

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

Returns By Period

QMGYX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VADDX

• 1D: 1.00%
• 1M: 2.75%
• 6M: 8.92%
• YTD: 13.15%
• 1Y: 18.60%
• 3Y*: 13.94%
• 5Y*: 9.25%
• 10Y*: 11.60%

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

QMGYX vs. VADDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QMGYX Invesco Advantage International Fund	14.38%	32.08%	5.74%	4.14%	-11.26%	6.82%	12.06%	21.53%	-13.00%	19.20%
VADDX Invesco Equally-Weighted S&P 500 Fund	13.15%	11.16%	12.68%	13.58%	-11.86%	29.27%	12.56%	28.92%	-7.96%	18.55%

Correlation

The correlation between QMGYX and VADDX is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.72

Over the past year, the correlation between QMGYX and VADDX has dropped to 0.51 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

Return for Risk

QMGYX vs. VADDX — Risk / Return Rank

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

QMGYX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

VADDX

VADDX Risk / Return Rank: 54
VADDX Sharpe Ratio Rank: 51
VADDX Sortino Ratio Rank: 54
VADDX Omega Ratio Rank: 47
VADDX Calmar Ratio Rank: 60
VADDX Martin Ratio Rank: 57

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.

QMGYX vs. VADDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Advantage International Fund (QMGYX) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QMGYX	VADDX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.68	—
Sortino ratio: Return per unit of downside risk	—	2.44	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.50	—
Martin ratio: Return relative to average drawdown	—	9.46	—

Drawdowns

Drawdown Indicators

	QMGYX	VADDX	Difference
Max Drawdown Largest peak-to-trough decline	—	-60.12%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-7.88%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.86%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.39%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-6.97%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.08%	—

Volatility

Volatility by Period

	QMGYX	VADDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	11.76%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.28%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.45%	—

QMGYX vs. VADDX - Expense Ratio Comparison

QMGYX has a 0.64% expense ratio, which is higher than VADDX's 0.27% expense ratio.

Dividends

QMGYX vs. VADDX - Dividend Comparison

QMGYX's dividend yield for the trailing twelve months is around 49.36%, more than VADDX's 8.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QMGYX Invesco Advantage International Fund	49.36%	3.29%	4.68%	5.46%	0.00%	13.85%	0.07%	1.07%	6.12%	2.36%	5.03%	0.00%
VADDX Invesco Equally-Weighted S&P 500 Fund	8.91%	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 QMGYX and VADDX in my portfolio?

QMGYX and VADDX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.