SPIDX vs. VADAX
Compare and contrast key facts about Invesco S&P 500 Index Fund (SPIDX) and Invesco Equally-Weighted S&P 500 Fund Class A (VADAX).
SPIDX is a passively managed fund by Invesco that tracks the performance of the S&P 500 Index. It was launched on Sep 26, 1997. VADAX is managed by Invesco.
Performance
SPIDX vs. VADAX - Performance Comparison
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SPIDX vs. VADAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPIDX Invesco S&P 500 Index Fund | -7.13% | 17.54% | 24.65% | 25.95% | -18.36% | 28.30% | 18.13% | 31.11% | -4.75% | 21.45% |
VADAX Invesco Equally-Weighted S&P 500 Fund Class A | -1.47% | 10.89% | 12.40% | 13.29% | -12.07% | 28.93% | 12.30% | 28.59% | -8.19% | 18.26% |
Returns By Period
In the year-to-date period, SPIDX achieves a -7.13% return, which is significantly lower than VADAX's -1.47% return. Over the past 10 years, SPIDX has outperformed VADAX with an annualized return of 13.42%, while VADAX has yielded a comparatively lower 10.47% annualized return.
SPIDX
- 1D
- -0.40%
- 1M
- -7.71%
- YTD
- -7.13%
- 6M
- -4.70%
- 1Y
- 14.14%
- 3Y*
- 16.85%
- 5Y*
- 11.09%
- 10Y*
- 13.42%
VADAX
- 1D
- -0.23%
- 1M
- -7.89%
- YTD
- -1.47%
- 6M
- -0.21%
- 1Y
- 10.07%
- 3Y*
- 10.61%
- 5Y*
- 7.23%
- 10Y*
- 10.47%
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SPIDX vs. VADAX - Expense Ratio Comparison
SPIDX has a 0.29% expense ratio, which is lower than VADAX's 0.52% expense ratio.
Return for Risk
SPIDX vs. VADAX — Risk / Return Rank
SPIDX
VADAX
SPIDX vs. VADAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Index Fund (SPIDX) and Invesco Equally-Weighted S&P 500 Fund Class A (VADAX). 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.
| SPIDX | VADAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 0.64 | +0.18 |
Sortino ratioReturn per unit of downside risk | 1.28 | 1.02 | +0.26 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.14 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.97 | 0.71 | +0.26 |
Martin ratioReturn relative to average drawdown | 4.71 | 3.23 | +1.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPIDX | VADAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 0.64 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.45 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.57 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.44 | 0.00 |
Correlation
The correlation between SPIDX and VADAX is 0.94, 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
SPIDX vs. VADAX - Dividend Comparison
SPIDX's dividend yield for the trailing twelve months is around 1.16%, less than VADAX's 10.36% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPIDX Invesco S&P 500 Index Fund | 1.16% | 1.07% | 1.28% | 1.23% | 1.14% | 2.09% | 1.45% | 2.11% | 2.82% | 1.49% | 1.49% | 1.74% |
VADAX Invesco Equally-Weighted S&P 500 Fund Class A | 10.36% | 10.21% | 8.77% | 4.69% | 8.49% | 9.80% | 6.21% | 4.49% | 6.90% | 2.76% | 0.30% | 2.77% |
Drawdowns
SPIDX vs. VADAX - Drawdown Comparison
The maximum SPIDX drawdown since its inception was -55.30%, smaller than the maximum VADAX drawdown of -60.27%. Use the drawdown chart below to compare losses from any high point for SPIDX and VADAX.
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Drawdown Indicators
| SPIDX | VADAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.30% | -60.27% | +4.97% |
Max Drawdown (1Y)Largest decline over 1 year | -12.14% | -12.61% | +0.47% |
Max Drawdown (5Y)Largest decline over 5 years | -24.66% | -21.74% | -2.92% |
Max Drawdown (10Y)Largest decline over 10 years | -33.84% | -39.32% | +5.48% |
Current DrawdownCurrent decline from peak | -8.93% | -7.89% | -1.04% |
Average DrawdownAverage peak-to-trough decline | -10.57% | -7.13% | -3.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.57% | 2.78% | -0.21% |
Volatility
SPIDX vs. VADAX - Volatility Comparison
Invesco S&P 500 Index Fund (SPIDX) has a higher volatility of 4.24% compared to Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) at 3.76%. This indicates that SPIDX's price experiences larger fluctuations and is considered to be riskier than VADAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPIDX | VADAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 3.76% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 9.10% | 8.70% | +0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.16% | 17.17% | +0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 16.27% | +0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.05% | 18.53% | -0.48% |