VADAX vs. FXAIX
Compare and contrast key facts about Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) and Fidelity 500 Index Fund (FXAIX).
VADAX is managed by Invesco. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
VADAX vs. FXAIX - Performance Comparison
Loading graphics...
VADAX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, VADAX achieves a -1.47% return, which is significantly higher than FXAIX's -7.05% return. Over the past 10 years, VADAX has underperformed FXAIX with an annualized return of 10.47%, while FXAIX has yielded a comparatively higher 13.75% annualized return.
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%
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VADAX vs. FXAIX - Expense Ratio Comparison
VADAX has a 0.52% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
VADAX vs. FXAIX — Risk / Return Rank
VADAX
FXAIX
VADAX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) and Fidelity 500 Index Fund (FXAIX). 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.
| VADAX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.64 | 0.84 | -0.19 |
Sortino ratioReturn per unit of downside risk | 1.02 | 1.30 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.20 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.71 | 1.05 | -0.34 |
Martin ratioReturn relative to average drawdown | 3.23 | 5.13 | -1.90 |
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
| VADAX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 0.84 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.68 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.77 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.75 | -0.31 |
Correlation
The correlation between VADAX and FXAIX is 0.92, 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
VADAX vs. FXAIX - Dividend Comparison
VADAX's dividend yield for the trailing twelve months is around 10.36%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
VADAX vs. FXAIX - Drawdown Comparison
The maximum VADAX drawdown since its inception was -60.27%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for VADAX and FXAIX.
Loading graphics...
Drawdown Indicators
| VADAX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.27% | -33.79% | -26.48% |
Max Drawdown (1Y)Largest decline over 1 year | -12.61% | -12.13% | -0.48% |
Max Drawdown (5Y)Largest decline over 5 years | -21.74% | -24.50% | +2.76% |
Max Drawdown (10Y)Largest decline over 10 years | -39.32% | -33.79% | -5.53% |
Current DrawdownCurrent decline from peak | -7.89% | -8.89% | +1.00% |
Average DrawdownAverage peak-to-trough decline | -7.13% | -3.83% | -3.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | 2.50% | +0.28% |
Volatility
VADAX vs. FXAIX - Volatility Comparison
The current volatility for Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) is 3.76%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.24%. This indicates that VADAX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VADAX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.76% | 4.24% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 8.70% | 9.08% | -0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.17% | 18.13% | -0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.27% | 16.88% | -0.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.53% | 18.03% | +0.50% |