TXO vs. IVZ
TXO (TXO Partners, L.P.) and IVZ (Invesco Ltd.) are both stocks. TXO operates in Oil & Gas E&P (Energy), while IVZ operates in Asset Management (Financial Services). Over the past 3 years, TXO returned -5.31%/yr vs 24.41%/yr for IVZ. At a 0.09 correlation, their price movements are largely independent.
Performance
TXO vs. IVZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TXO achieves a 28.85% return, which is significantly higher than IVZ's 12.08% return.
TXO
- 1D
- -0.46%
- 1M
- -0.91%
- 6M
- 30.93%
- YTD
- 28.85%
- 1Y
- -3.89%
- 3Y*
- -5.31%
- 5Y*
- —
- 10Y*
- —
IVZ
- 1D
- 1.29%
- 1M
- 0.21%
- 6M
- 3.05%
- YTD
- 12.08%
- 1Y
- 72.09%
- 3Y*
- 24.41%
- 5Y*
- 6.71%
- 10Y*
- 5.61%
TXO vs. IVZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TXO TXO Partners, L.P. | 28.85% | -27.94% | 4.48% | -11.11% |
IVZ Invesco Ltd. | 12.08% | 56.94% | 3.02% | 3.29% |
Correlation
The correlation between TXO and IVZ is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2023 | 0.09 |
The correlation between TXO and IVZ shifts across timeframes, from -0.04 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TXO:
$720.91M
IVZ:
$12.85B
TXO:
-$1.84
IVZ:
-$0.62
TXO:
1.97
IVZ:
2.06
TXO:
$355.40M
IVZ:
$6.38B
TXO:
$23.12M
IVZ:
$2.75B
TXO:
$110.65M
IVZ:
$1.38B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TXO vs. IVZ — Risk / Return Rank
TXO
IVZ
TXO vs. IVZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TXO Partners, L.P. (TXO) and Invesco Ltd. (IVZ). 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.
| TXO | IVZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -2.72 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.35 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | 3.30 | -3.41 |
| Martin ratioReturn relative to average drawdown | -0.25 | 8.69 | -8.94 |
Loading charts...
Drawdowns
TXO vs. IVZ - Drawdown Comparison
The maximum TXO drawdown since its inception was -46.41%, smaller than the maximum IVZ drawdown of -83.91%. Use the drawdown chart below to compare losses from any high point for TXO and IVZ.
Loading charts...
Drawdown Indicators
| TXO | IVZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.41% | -83.91% | +37.50% |
Max Drawdown (1Y)Largest decline over 1 year | -30.38% | -22.03% | -8.35% |
Max Drawdown (3Y)Largest decline over 3 years | -46.41% | -36.52% | -9.89% |
Max Drawdown (5Y)Largest decline over 5 years | — | -48.88% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -79.72% | — |
Current DrawdownCurrent decline from peak | -27.41% | -0.75% | -26.66% |
Average DrawdownAverage peak-to-trough decline | -18.85% | -35.91% | +17.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.37% | 8.36% | +5.01% |
Volatility
TXO vs. IVZ - Volatility Comparison
The current volatility for TXO Partners, L.P. (TXO) is 7.93%, while Invesco Ltd. (IVZ) has a volatility of 11.95%. This indicates that TXO experiences smaller price fluctuations and is considered to be less risky than IVZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TXO | IVZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.93% | 11.95% | -4.02% |
Volatility (6M)Calculated over the trailing 6-month period | 18.92% | 26.64% | -7.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.97% | 36.26% | -11.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.07% | 36.65% | -7.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.07% | 39.13% | -10.06% |
Dividends
TXO vs. IVZ - Dividend Comparison
TXO's dividend yield for the trailing twelve months is around 11.19%, more than IVZ's 2.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVZ Invesco Ltd. | 2.92% | 3.18% | 4.66% | 6.15% | 4.07% | 2.89% | 4.45% | 6.84% | 7.11% | 3.15% | 3.66% | 3.17% |
TXO TXO Partners, L.P. | 11.19% | 18.93% | 14.13% | 8.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TXO vs. IVZ - Financials Comparison
This section allows you to compare key financial metrics between TXO Partners, L.P. and Invesco Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
TXO and IVZ have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IVZ has higher volatility (11.95%) compared to TXO (7.93%). In terms of maximum drawdown, TXO dropped -46.41% vs IVZ's -83.91%.
IVZ currently has the higher Sharpe Ratio (2.01 vs -0.14), 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.
Find the right allocation for TXO and IVZ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer