VAFIX vs. VADDX

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco American Franchise Fund Class Y (VAFIX) and Invesco Equally-Weighted S&P 500 Fund (VADDX).

VAFIX is managed by Invesco. It was launched on Jun 23, 2005. VADDX is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Index. It was launched on Jul 28, 1997.

Performance

VAFIX vs. VADDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco American Franchise Fund Class Y (VAFIX) and Invesco Equally-Weighted S&P 500 Fund (VADDX). The values are adjusted to include any dividend payments, if applicable.

VAFIX vs. VADDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VAFIX Invesco American Franchise Fund Class Y	-9.62%	12.12%	35.11%	41.27%	-31.05%	11.47%	42.53%	36.82%	-3.71%	27.38%
VADDX Invesco Equally-Weighted S&P 500 Fund	0.61%	11.16%	12.68%	13.58%	-11.86%	29.27%	12.56%	28.92%	-7.96%	18.55%

Returns By Period

In the year-to-date period, VAFIX achieves a -9.62% return, which is significantly lower than VADDX's 0.61% return. Over the past 10 years, VAFIX has outperformed VADDX with an annualized return of 14.28%, while VADDX has yielded a comparatively lower 10.94% annualized return.

VAFIX

• 1D: 4.47%
• 1M: -5.92%
• YTD: -9.62%
• 6M: -12.11%
• 1Y: 14.98%
• 3Y*: 19.63%
• 5Y*: 7.34%
• 10Y*: 14.28%

VADDX

• 1D: 2.06%
• 1M: -5.82%
• YTD: 0.61%
• 6M: 1.75%
• 1Y: 12.48%
• 3Y*: 11.64%
• 5Y*: 7.70%
• 10Y*: 10.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VAFIX vs. VADDX - Expense Ratio Comparison

VAFIX has a 0.72% expense ratio, which is higher than VADDX's 0.27% expense ratio.

VAFIX

Invesco American Franchise Fund Class Y

VADDX

Invesco Equally-Weighted S&P 500 Fund

Return for Risk

VAFIX vs. VADDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VAFIX

VAFIX Risk / Return Rank: 21
VAFIX Sharpe Ratio Rank: 22
VAFIX Sortino Ratio Rank: 24
VAFIX Omega Ratio Rank: 23
VAFIX Calmar Ratio Rank: 18
VAFIX Martin Ratio Rank: 16

VADDX

VADDX Risk / Return Rank: 32
VADDX Sharpe Ratio Rank: 29
VADDX Sortino Ratio Rank: 31
VADDX Omega Ratio Rank: 30
VADDX Calmar Ratio Rank: 31
VADDX Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VAFIX vs. VADDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco American Franchise Fund Class Y (VAFIX) and Invesco Equally-Weighted S&P 500 Fund (VADDX). 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.

	VAFIX	VADDX	Difference
Sharpe ratio Return per unit of total volatility	0.64	0.74	-0.09
Sortino ratio Return per unit of downside risk	1.07	1.15	-0.08
Omega ratio Gain probability vs. loss probability	1.15	1.16	-0.02
Calmar ratio Return relative to maximum drawdown	0.66	0.93	-0.27
Martin ratio Return relative to average drawdown	2.09	4.21	-2.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VAFIX vs. VADDX - Sharpe Ratio Comparison

The current VAFIX Sharpe Ratio is 0.64, which is comparable to the VADDX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of VAFIX and VADDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VAFIX	VADDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.64	0.74	-0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.48	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	0.59	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.46	+0.08

Correlation

The correlation between VAFIX and VADDX is 0.81, 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.

Dividends

VAFIX vs. VADDX - Dividend Comparison

VAFIX's dividend yield for the trailing twelve months is around 14.51%, more than VADDX's 10.03% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VAFIX Invesco American Franchise Fund Class Y	14.51%	13.12%	3.52%	0.00%	7.89%	25.28%	8.48%	6.66%	10.16%	5.26%	4.01%	4.84%
VADDX Invesco Equally-Weighted S&P 500 Fund	10.03%	10.09%	8.88%	4.86%	8.45%	9.92%	6.38%	4.68%	7.13%	2.97%	0.30%	2.98%

Drawdowns

VAFIX vs. VADDX - Drawdown Comparison

The maximum VAFIX drawdown since its inception was -48.20%, smaller than the maximum VADDX drawdown of -60.12%. Use the drawdown chart below to compare losses from any high point for VAFIX and VADDX.

Drawdown Indicators

	VAFIX	VADDX	Difference
Max Drawdown Largest peak-to-trough decline	-48.20%	-60.12%	+11.92%
Max Drawdown (1Y) Largest decline over 1 year	-19.21%	-12.61%	-6.60%
Max Drawdown (5Y) Largest decline over 5 years	-38.69%	-21.58%	-17.11%
Max Drawdown (10Y) Largest decline over 10 years	-38.69%	-39.39%	+0.70%
Current Drawdown Current decline from peak	-15.60%	-5.99%	-9.61%
Average Drawdown Average peak-to-trough decline	-8.19%	-7.03%	-1.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.11%	2.80%	+3.31%

Volatility

VAFIX vs. VADDX - Volatility Comparison

Invesco American Franchise Fund Class Y (VAFIX) has a higher volatility of 8.31% compared to Invesco Equally-Weighted S&P 500 Fund (VADDX) at 4.48%. This indicates that VAFIX's price experiences larger fluctuations and is considered to be riskier than VADDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VAFIX	VADDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.31%	4.48%	+3.83%
Volatility (6M) Calculated over the trailing 6-month period	15.70%	8.88%	+6.82%
Volatility (1Y) Calculated over the trailing 1-year period	25.37%	17.25%	+8.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.03%	16.30%	+6.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.21%	18.54%	+3.67%