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VAFAX vs. VONG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VAFAX vs. VONG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco American Franchise Fund Class A (VAFAX) and Vanguard Russell 1000 Growth ETF (VONG). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
12.82%
12.98%
VAFAX
VONG

Returns By Period

In the year-to-date period, VAFAX achieves a 32.23% return, which is significantly higher than VONG's 28.93% return. Over the past 10 years, VAFAX has underperformed VONG with an annualized return of 4.96%, while VONG has yielded a comparatively higher 16.32% annualized return.


VAFAX

YTD

32.23%

1M

1.26%

6M

13.08%

1Y

39.13%

5Y (annualized)

5.85%

10Y (annualized)

4.96%

VONG

YTD

28.93%

1M

1.60%

6M

13.23%

1Y

36.10%

5Y (annualized)

19.18%

10Y (annualized)

16.32%

Key characteristics


VAFAXVONG
Sharpe Ratio2.082.15
Sortino Ratio2.742.81
Omega Ratio1.381.40
Calmar Ratio1.042.74
Martin Ratio11.1510.81
Ulcer Index3.52%3.33%
Daily Std Dev18.93%16.74%
Max Drawdown-54.26%-32.72%
Current Drawdown-13.21%-2.45%

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VAFAX vs. VONG - Expense Ratio Comparison

VAFAX has a 0.95% expense ratio, which is higher than VONG's 0.08% expense ratio.


VAFAX
Invesco American Franchise Fund Class A
Expense ratio chart for VAFAX: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for VONG: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Correlation

-0.50.00.51.00.9

The correlation between VAFAX and VONG is 0.95, 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

VAFAX vs. VONG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco American Franchise Fund Class A (VAFAX) and Vanguard Russell 1000 Growth ETF (VONG). 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.


Sharpe ratio
The chart of Sharpe ratio for VAFAX, currently valued at 2.08, compared to the broader market0.002.004.002.082.15
The chart of Sortino ratio for VAFAX, currently valued at 2.74, compared to the broader market0.005.0010.002.742.81
The chart of Omega ratio for VAFAX, currently valued at 1.38, compared to the broader market1.002.003.004.001.381.40
The chart of Calmar ratio for VAFAX, currently valued at 1.04, compared to the broader market0.005.0010.0015.0020.0025.001.042.74
The chart of Martin ratio for VAFAX, currently valued at 11.15, compared to the broader market0.0020.0040.0060.0080.00100.0011.1510.81
VAFAX
VONG

The current VAFAX Sharpe Ratio is 2.08, which is comparable to the VONG Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of VAFAX and VONG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.08
2.15
VAFAX
VONG

Dividends

VAFAX vs. VONG - Dividend Comparison

VAFAX has not paid dividends to shareholders, while VONG's dividend yield for the trailing twelve months is around 0.60%.


TTM20232022202120202019201820172016201520142013
VAFAX
Invesco American Franchise Fund Class A
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.11%
VONG
Vanguard Russell 1000 Growth ETF
0.60%0.71%0.98%0.58%0.77%1.03%1.18%1.19%1.48%1.47%1.43%1.28%

Drawdowns

VAFAX vs. VONG - Drawdown Comparison

The maximum VAFAX drawdown since its inception was -54.26%, which is greater than VONG's maximum drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for VAFAX and VONG. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-13.21%
-2.45%
VAFAX
VONG

Volatility

VAFAX vs. VONG - Volatility Comparison

Invesco American Franchise Fund Class A (VAFAX) and Vanguard Russell 1000 Growth ETF (VONG) have volatilities of 5.57% and 5.59%, 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.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.57%
5.59%
VAFAX
VONG