VADDX vs. IVV
Compare and contrast key facts about Invesco Equally-Weighted S&P 500 Fund (VADDX) and iShares Core S&P 500 ETF (IVV).
VADDX is managed by Invesco. It was launched on Jul 28, 1997. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VADDX or IVV.
Performance
VADDX vs. IVV - Performance Comparison
Returns By Period
In the year-to-date period, VADDX achieves a 16.55% return, which is significantly lower than IVV's 25.50% return. Over the past 10 years, VADDX has underperformed IVV with an annualized return of 10.95%, while IVV has yielded a comparatively higher 13.13% annualized return.
VADDX
16.55%
0.80%
9.52%
26.57%
13.53%
10.95%
IVV
25.50%
1.17%
12.21%
32.17%
15.57%
13.13%
Key characteristics
| VADDX | IVV | |
|---|---|---|
| Sharpe Ratio | 1.84 | 2.62 |
| Sortino Ratio | 2.65 | 3.51 |
| Omega Ratio | 1.38 | 1.49 |
| Calmar Ratio | 3.06 | 3.79 |
| Martin Ratio | 9.60 | 17.04 |
| Ulcer Index | 2.74% | 1.87% |
| Daily Std Dev | 14.35% | 12.16% |
| Max Drawdown | -70.42% | -55.25% |
| Current Drawdown | -1.74% | -1.35% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VADDX vs. IVV - Expense Ratio Comparison
VADDX has a 0.27% expense ratio, which is higher than IVV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between VADDX and IVV 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.
Risk-Adjusted Performance
VADDX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Equally-Weighted S&P 500 Fund (VADDX) and iShares Core S&P 500 ETF (IVV). 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
VADDX vs. IVV - Dividend Comparison
VADDX's dividend yield for the trailing twelve months is around 1.46%, more than IVV's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VADDX Invesco Equally-Weighted S&P 500 Fund | 1.46% | 1.70% | 1.44% | 1.40% | 1.69% | 1.84% | 1.87% | 1.58% | 1.24% | 1.66% | 1.19% | 1.27% |
IVV iShares Core S&P 500 ETF | 1.25% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
Drawdowns
VADDX vs. IVV - Drawdown Comparison
The maximum VADDX drawdown since its inception was -70.42%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for VADDX and IVV. For additional features, visit the drawdowns tool.
Volatility
VADDX vs. IVV - Volatility Comparison
The current volatility for Invesco Equally-Weighted S&P 500 Fund (VADDX) is 3.45%, while iShares Core S&P 500 ETF (IVV) has a volatility of 4.09%. This indicates that VADDX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.