VADDX vs. VADAX
Compare and contrast key facts about Invesco Equally-Weighted S&P 500 Fund (VADDX) and Invesco Equally-Weighted S&P 500 Fund Class A (VADAX).
VADDX is managed by Invesco. It was launched on Jul 28, 1997. VADAX is managed by Invesco.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VADDX or VADAX.
Performance
VADDX vs. VADAX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with VADDX having a 16.55% return and VADAX slightly lower at 16.29%. Over the past 10 years, VADDX has outperformed VADAX with an annualized return of 10.95%, while VADAX has yielded a comparatively lower 10.08% annualized return.
VADDX
16.55%
0.80%
9.52%
26.57%
13.53%
10.95%
VADAX
16.29%
0.78%
9.38%
26.25%
11.74%
10.08%
Key characteristics
| VADDX | VADAX | |
|---|---|---|
| Sharpe Ratio | 1.84 | 2.26 |
| Sortino Ratio | 2.65 | 3.14 |
| Omega Ratio | 1.38 | 1.40 |
| Calmar Ratio | 3.06 | 2.87 |
| Martin Ratio | 9.60 | 12.80 |
| Ulcer Index | 2.74% | 2.03% |
| Daily Std Dev | 14.35% | 11.51% |
| Max Drawdown | -70.42% | -60.26% |
| Current Drawdown | -1.74% | -1.75% |
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VADDX vs. VADAX - Expense Ratio Comparison
VADDX has a 0.27% expense ratio, which is lower than VADAX's 0.52% expense ratio.
Correlation
The correlation between VADDX and VADAX is 1.00, 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. VADAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Equally-Weighted S&P 500 Fund (VADDX) and Invesco Equally-Weighted S&P 500 Fund Class A (VADAX). 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. VADAX - Dividend Comparison
VADDX's dividend yield for the trailing twelve months is around 1.46%, less than VADAX's 4.03% 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% |
VADAX Invesco Equally-Weighted S&P 500 Fund Class A | 4.03% | 4.69% | 8.49% | 9.80% | 6.21% | 4.49% | 6.90% | 2.76% | 1.33% | 2.77% | 2.37% | 3.56% |
Drawdowns
VADDX vs. VADAX - Drawdown Comparison
The maximum VADDX drawdown since its inception was -70.42%, which is greater than VADAX's maximum drawdown of -60.26%. Use the drawdown chart below to compare losses from any high point for VADDX and VADAX. For additional features, visit the drawdowns tool.
Volatility
VADDX vs. VADAX - Volatility Comparison
Invesco Equally-Weighted S&P 500 Fund (VADDX) and Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) have volatilities of 3.45% and 3.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.