SPIDX vs. VAFAX
Compare and contrast key facts about Invesco S&P 500 Index Fund (SPIDX) and Invesco American Franchise Fund Class A (VAFAX).
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. VAFAX is managed by Invesco. It was launched on Jun 23, 2005.
Performance
SPIDX vs. VAFAX - Performance Comparison
Loading graphics...
SPIDX vs. VAFAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPIDX Invesco S&P 500 Index Fund | -4.42% | 17.54% | 24.65% | 25.95% | -18.36% | 28.30% | 18.13% | 31.11% | -4.75% | 21.45% |
VAFAX Invesco American Franchise Fund Class A | -9.70% | 11.86% | 34.78% | 40.91% | -31.20% | 11.13% | 42.15% | 36.55% | -3.99% | 27.11% |
Returns By Period
In the year-to-date period, SPIDX achieves a -4.42% return, which is significantly higher than VAFAX's -9.70% return. Both investments have delivered pretty close results over the past 10 years, with SPIDX having a 13.74% annualized return and VAFAX not far ahead at 13.99%.
SPIDX
- 1D
- 2.92%
- 1M
- -5.05%
- YTD
- -4.42%
- 6M
- -2.26%
- 1Y
- 17.02%
- 3Y*
- 17.97%
- 5Y*
- 11.47%
- 10Y*
- 13.74%
VAFAX
- 1D
- 4.44%
- 1M
- -5.93%
- YTD
- -9.70%
- 6M
- -12.22%
- 1Y
- 14.68%
- 3Y*
- 19.34%
- 5Y*
- 7.06%
- 10Y*
- 13.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPIDX vs. VAFAX - Expense Ratio Comparison
SPIDX has a 0.29% expense ratio, which is lower than VAFAX's 0.95% expense ratio.
Return for Risk
SPIDX vs. VAFAX — Risk / Return Rank
SPIDX
VAFAX
SPIDX vs. VAFAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Index Fund (SPIDX) and Invesco American Franchise Fund Class A (VAFAX). 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 | VAFAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 0.63 | +0.33 |
Sortino ratioReturn per unit of downside risk | 1.47 | 1.06 | +0.42 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.15 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.30 | 0.65 | +0.65 |
Martin ratioReturn relative to average drawdown | 6.23 | 2.03 | +4.20 |
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
| SPIDX | VAFAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 0.63 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.31 | +0.37 |
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 | 0.44 | 0.53 | -0.09 |
Correlation
The correlation between SPIDX and VAFAX is 0.90, 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. VAFAX - Dividend Comparison
SPIDX's dividend yield for the trailing twelve months is around 1.12%, less than VAFAX's 15.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPIDX Invesco S&P 500 Index Fund | 1.12% | 1.07% | 1.28% | 1.23% | 1.14% | 2.09% | 1.45% | 2.11% | 2.82% | 1.49% | 1.49% | 1.74% |
VAFAX Invesco American Franchise Fund Class A | 15.61% | 14.09% | 3.74% | 0.00% | 8.32% | 26.50% | 8.78% | 6.85% | 10.42% | 5.37% | 4.08% | 4.90% |
Drawdowns
SPIDX vs. VAFAX - Drawdown Comparison
The maximum SPIDX drawdown since its inception was -55.30%, which is greater than VAFAX's maximum drawdown of -48.48%. Use the drawdown chart below to compare losses from any high point for SPIDX and VAFAX.
Loading graphics...
Drawdown Indicators
| SPIDX | VAFAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.30% | -48.48% | -6.82% |
Max Drawdown (1Y)Largest decline over 1 year | -12.14% | -19.27% | +7.13% |
Max Drawdown (5Y)Largest decline over 5 years | -24.66% | -38.86% | +14.20% |
Max Drawdown (10Y)Largest decline over 10 years | -33.84% | -38.86% | +5.02% |
Current DrawdownCurrent decline from peak | -6.28% | -15.69% | +9.41% |
Average DrawdownAverage peak-to-trough decline | -10.57% | -8.16% | -2.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 6.14% | -3.61% |
Volatility
SPIDX vs. VAFAX - Volatility Comparison
The current volatility for Invesco S&P 500 Index Fund (SPIDX) is 5.34%, while Invesco American Franchise Fund Class A (VAFAX) has a volatility of 8.31%. This indicates that SPIDX experiences smaller price fluctuations and is considered to be less risky than VAFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SPIDX | VAFAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 8.31% | -2.97% |
Volatility (6M)Calculated over the trailing 6-month period | 9.53% | 15.69% | -6.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.35% | 25.39% | -7.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.92% | 23.03% | -6.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.07% | 22.23% | -4.16% |