VADAX vs. VOO
Compare and contrast key facts about Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) and Vanguard S&P 500 ETF (VOO).
VADAX is managed by Invesco. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VADAX or VOO.
Correlation
The correlation between VADAX and VOO is 0.93, 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.
Performance
VADAX vs. VOO - Performance Comparison
Key characteristics
VADAX:
1.22
VOO:
1.70
VADAX:
1.75
VOO:
2.30
VADAX:
1.22
VOO:
1.31
VADAX:
1.93
VOO:
2.58
VADAX:
4.98
VOO:
10.72
VADAX:
2.79%
VOO:
2.03%
VADAX:
11.34%
VOO:
12.66%
VADAX:
-60.26%
VOO:
-33.99%
VADAX:
-3.83%
VOO:
-2.58%
Returns By Period
In the year-to-date period, VADAX achieves a 2.67% return, which is significantly higher than VOO's 1.92% return. Over the past 10 years, VADAX has underperformed VOO with an annualized return of 9.68%, while VOO has yielded a comparatively higher 13.05% annualized return.
VADAX
2.67%
-1.29%
3.84%
12.44%
12.11%
9.68%
VOO
1.92%
-1.77%
7.22%
19.19%
15.78%
13.05%
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VADAX vs. VOO - Expense Ratio Comparison
VADAX has a 0.52% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
VADAX vs. VOO — Risk-Adjusted Performance Rank
VADAX
VOO
VADAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
VADAX vs. VOO - Dividend Comparison
VADAX's dividend yield for the trailing twelve months is around 8.54%, more than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VADAX Invesco Equally-Weighted S&P 500 Fund Class A | 8.54% | 8.77% | 4.69% | 8.49% | 9.80% | 6.21% | 4.49% | 6.90% | 2.76% | 1.33% | 2.77% | 2.37% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
VADAX vs. VOO - Drawdown Comparison
The maximum VADAX drawdown since its inception was -60.26%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VADAX and VOO. For additional features, visit the drawdowns tool.
Volatility
VADAX vs. VOO - Volatility Comparison
The current volatility for Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) is 2.65%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.34%. This indicates that VADAX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.