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.
Correlation
The correlation between VADDX and IVV 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
VADDX vs. IVV - Performance Comparison
Key characteristics
VADDX:
0.78
IVV:
2.18
VADDX:
1.04
IVV:
2.89
VADDX:
1.16
IVV:
1.40
VADDX:
0.62
IVV:
3.31
VADDX:
2.54
IVV:
13.83
VADDX:
4.12%
IVV:
2.01%
VADDX:
13.48%
IVV:
12.78%
VADDX:
-70.42%
IVV:
-55.25%
VADDX:
-8.81%
IVV:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with VADDX having a 4.12% return and IVV slightly lower at 4.08%. Over the past 10 years, VADDX has underperformed IVV with an annualized return of 6.05%, while IVV has yielded a comparatively higher 13.54% annualized return.
VADDX
4.12%
2.64%
2.64%
11.02%
4.75%
6.05%
IVV
4.08%
1.38%
14.02%
27.37%
14.99%
13.54%
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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%.
Risk-Adjusted Performance
VADDX vs. IVV — Risk-Adjusted Performance Rank
VADDX
IVV
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 1.60%, more than IVV's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VADDX Invesco Equally-Weighted S&P 500 Fund | 1.60% | 1.66% | 1.70% | 1.44% | 1.40% | 1.69% | 1.84% | 1.87% | 1.58% | 1.24% | 1.66% | 1.19% |
IVV iShares Core S&P 500 ETF | 1.25% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
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 3.00%, while iShares Core S&P 500 ETF (IVV) has a volatility of 4.07%. 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.