VAFAX vs. BPTRX
Compare and contrast key facts about Invesco American Franchise Fund Class A (VAFAX) and Baron Partners Fund (BPTRX).
VAFAX is managed by Invesco. It was launched on Jun 23, 2005. BPTRX is managed by Baron Capital Group, Inc.. It was launched on Apr 30, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VAFAX or BPTRX.
Key characteristics
| VAFAX | BPTRX | |
|---|---|---|
| YTD Return | 30.98% | 3.25% |
| 1Y Return | 52.95% | 27.81% |
| 3Y Return (Ann) | 6.90% | -7.02% |
| 5Y Return (Ann) | 16.83% | 25.64% |
| 10Y Return (Ann) | 13.16% | 18.32% |
| Sharpe Ratio | 2.98 | 1.04 |
| Sortino Ratio | 3.74 | 1.59 |
| Omega Ratio | 1.52 | 1.20 |
| Calmar Ratio | 2.40 | 0.66 |
| Martin Ratio | 15.85 | 2.68 |
| Ulcer Index | 3.50% | 9.77% |
| Daily Std Dev | 18.63% | 25.05% |
| Max Drawdown | -51.03% | -65.33% |
| Current Drawdown | -0.03% | -22.87% |
Correlation
The correlation between VAFAX and BPTRX is 0.79, 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
VAFAX vs. BPTRX - Performance Comparison
In the year-to-date period, VAFAX achieves a 30.98% return, which is significantly higher than BPTRX's 3.25% return. Over the past 10 years, VAFAX has underperformed BPTRX with an annualized return of 13.16%, while BPTRX has yielded a comparatively higher 18.32% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VAFAX vs. BPTRX - Expense Ratio Comparison
VAFAX has a 0.95% expense ratio, which is lower than BPTRX's 1.36% expense ratio.
Risk-Adjusted Performance
VAFAX vs. BPTRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco American Franchise Fund Class A (VAFAX) and Baron Partners Fund (BPTRX). 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
VAFAX vs. BPTRX - Dividend Comparison
Neither VAFAX nor BPTRX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VAFAX Invesco American Franchise Fund Class A | 0.00% | 0.00% | 8.32% | 26.50% | 8.78% | 6.85% | 10.42% | 5.37% | 4.08% | 0.00% | 9.63% | 4.14% |
BPTRX Baron Partners Fund | 0.00% | 0.00% | 3.19% | 7.72% | 3.67% | 0.26% | 0.00% | 0.00% | 0.00% | 0.35% | 0.00% | 0.00% |
Drawdowns
VAFAX vs. BPTRX - Drawdown Comparison
The maximum VAFAX drawdown since its inception was -51.03%, smaller than the maximum BPTRX drawdown of -65.33%. Use the drawdown chart below to compare losses from any high point for VAFAX and BPTRX. For additional features, visit the drawdowns tool.
Volatility
VAFAX vs. BPTRX - Volatility Comparison
The current volatility for Invesco American Franchise Fund Class A (VAFAX) is 3.71%, while Baron Partners Fund (BPTRX) has a volatility of 9.47%. This indicates that VAFAX experiences smaller price fluctuations and is considered to be less risky than BPTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.