SCAUX vs. MENYX
Compare and contrast key facts about Invesco Income Advantage U.S. Fund (SCAUX) and Madison Covered Call & Equity Income Fund (MENYX).
SCAUX is managed by Invesco. It was launched on Mar 30, 2006. MENYX is managed by Madison Funds. It was launched on Oct 29, 2009.
Performance
SCAUX vs. MENYX - Performance Comparison
Loading graphics...
SCAUX vs. MENYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCAUX Invesco Income Advantage U.S. Fund | -3.05% | 16.51% | 17.88% | 17.29% | -13.43% | 22.41% | -3.24% | 12.27% | -9.31% | 15.85% |
MENYX Madison Covered Call & Equity Income Fund | 3.70% | 6.69% | 2.79% | 10.66% | 5.06% | 18.71% | 12.65% | 15.76% | -6.01% | 7.57% |
Returns By Period
In the year-to-date period, SCAUX achieves a -3.05% return, which is significantly lower than MENYX's 3.70% return. Over the past 10 years, SCAUX has underperformed MENYX with an annualized return of 6.87%, while MENYX has yielded a comparatively higher 8.17% annualized return.
SCAUX
- 1D
- 2.47%
- 1M
- -4.04%
- YTD
- -3.05%
- 6M
- -0.48%
- 1Y
- 14.13%
- 3Y*
- 14.24%
- 5Y*
- 8.41%
- 10Y*
- 6.87%
MENYX
- 1D
- -0.63%
- 1M
- -2.25%
- YTD
- 3.70%
- 6M
- 3.96%
- 1Y
- 12.79%
- 3Y*
- 6.04%
- 5Y*
- 6.99%
- 10Y*
- 8.17%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SCAUX vs. MENYX - Expense Ratio Comparison
SCAUX has a 1.05% expense ratio, which is higher than MENYX's 1.01% expense ratio.
Return for Risk
SCAUX vs. MENYX — Risk / Return Rank
SCAUX
MENYX
SCAUX vs. MENYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Income Advantage U.S. Fund (SCAUX) and Madison Covered Call & Equity Income Fund (MENYX). 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.
| SCAUX | MENYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.94 | 0.87 | +0.07 |
Sortino ratioReturn per unit of downside risk | 1.44 | 1.27 | +0.16 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.21 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.23 | 1.14 | +0.09 |
Martin ratioReturn relative to average drawdown | 6.60 | 5.42 | +1.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SCAUX | MENYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 0.87 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.62 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.61 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.60 | -0.31 |
Correlation
The correlation between SCAUX and MENYX is 0.78, 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
SCAUX vs. MENYX - Dividend Comparison
SCAUX's dividend yield for the trailing twelve months is around 6.38%, less than MENYX's 6.75% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCAUX Invesco Income Advantage U.S. Fund | 6.38% | 5.81% | 6.34% | 6.59% | 6.66% | 12.79% | 1.57% | 1.39% | 3.17% | 2.25% | 2.69% | 3.33% |
MENYX Madison Covered Call & Equity Income Fund | 6.75% | 8.52% | 7.83% | 7.71% | 6.98% | 6.48% | 6.34% | 7.07% | 9.82% | 7.64% | 6.74% | 7.48% |
Drawdowns
SCAUX vs. MENYX - Drawdown Comparison
The maximum SCAUX drawdown since its inception was -54.56%, which is greater than MENYX's maximum drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for SCAUX and MENYX.
Loading graphics...
Drawdown Indicators
| SCAUX | MENYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.56% | -28.38% | -26.18% |
Max Drawdown (1Y)Largest decline over 1 year | -10.84% | -11.66% | +0.82% |
Max Drawdown (5Y)Largest decline over 5 years | -19.92% | -16.14% | -3.78% |
Max Drawdown (10Y)Largest decline over 10 years | -37.81% | -28.38% | -9.43% |
Current DrawdownCurrent decline from peak | -4.75% | -3.44% | -1.31% |
Average DrawdownAverage peak-to-trough decline | -9.55% | -2.51% | -7.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 2.45% | -0.44% |
Volatility
SCAUX vs. MENYX - Volatility Comparison
Invesco Income Advantage U.S. Fund (SCAUX) has a higher volatility of 4.54% compared to Madison Covered Call & Equity Income Fund (MENYX) at 2.62%. This indicates that SCAUX's price experiences larger fluctuations and is considered to be riskier than MENYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SCAUX | MENYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.54% | 2.62% | +1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 7.80% | 7.30% | +0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.47% | 14.73% | +0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.12% | 11.40% | +1.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.36% | 13.43% | +1.93% |