VBF vs. IVNQX

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco Bond Fund (VBF) and Invesco Nasdaq 100 Index Fund (IVNQX).

VBF is an actively managed fund by Invesco. It was launched on Oct 28, 1970. IVNQX is managed by Invesco. It was launched on Oct 13, 2020.

Performance

VBF vs. IVNQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Bond Fund (VBF) and Invesco Nasdaq 100 Index Fund (IVNQX). The values are adjusted to include any dividend payments, if applicable.

VBF vs. IVNQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VBF Invesco Bond Fund	-1.56%	5.46%	6.97%	2.27%	-17.77%	-5.37%	14.92%
IVNQX Invesco Nasdaq 100 Index Fund	-5.88%	20.77%	25.43%	54.62%	-32.05%	26.75%	8.46%

Returns By Period

In the year-to-date period, VBF achieves a -1.56% return, which is significantly higher than IVNQX's -5.88% return.

VBF

• 1D: -0.20%
• 1M: -2.23%
• YTD: -1.56%
• 6M: -2.74%
• 1Y: 2.15%
• 3Y*: 4.53%
• 5Y*: -0.76%
• 10Y*: 3.15%

IVNQX

• 1D: 3.42%
• 1M: -4.94%
• YTD: -5.88%
• 6M: -4.11%
• 1Y: 22.78%
• 3Y*: 22.26%
• 5Y*: 12.94%
• 10Y*: —

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

VBF vs. IVNQX - Expense Ratio Comparison

VBF has a 0.62% expense ratio, which is higher than IVNQX's 0.29% expense ratio.

VBF

Invesco Bond Fund

IVNQX

Invesco Nasdaq 100 Index Fund

Return for Risk

VBF vs. IVNQX — Risk / Return Rank

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

VBF

VBF Risk / Return Rank: 9
VBF Sharpe Ratio Rank: 8
VBF Sortino Ratio Rank: 7
VBF Omega Ratio Rank: 7
VBF Calmar Ratio Rank: 10
VBF Martin Ratio Rank: 11

IVNQX

IVNQX Risk / Return Rank: 61
IVNQX Sharpe Ratio Rank: 55
IVNQX Sortino Ratio Rank: 62
IVNQX Omega Ratio Rank: 57
IVNQX Calmar Ratio Rank: 68
IVNQX Martin Ratio Rank: 62

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.

VBF vs. IVNQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Bond Fund (VBF) and Invesco Nasdaq 100 Index Fund (IVNQX). 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.

	VBF	IVNQX	Difference
Sharpe ratio Return per unit of total volatility	0.30	1.06	-0.76
Sortino ratio Return per unit of downside risk	0.47	1.65	-1.17
Omega ratio Gain probability vs. loss probability	1.06	1.23	-0.17
Calmar ratio Return relative to maximum drawdown	0.42	1.63	-1.21
Martin ratio Return relative to average drawdown	1.55	6.05	-4.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VBF vs. IVNQX - Sharpe Ratio Comparison

The current VBF Sharpe Ratio is 0.30, which is lower than the IVNQX Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of VBF and IVNQX, 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

	VBF	IVNQX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.30	1.06	-0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.06	0.58	-0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.63	-0.30

Correlation

The correlation between VBF and IVNQX is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

VBF vs. IVNQX - Dividend Comparison

VBF's dividend yield for the trailing twelve months is around 5.57%, more than IVNQX's 1.39% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VBF Invesco Bond Fund	5.57%	5.46%	5.51%	5.31%	4.60%	3.36%	6.89%	5.04%	5.40%	5.07%	4.56%	5.40%
IVNQX Invesco Nasdaq 100 Index Fund	1.39%	1.31%	0.72%	0.54%	0.73%	0.84%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VBF vs. IVNQX - Drawdown Comparison

The maximum VBF drawdown since its inception was -32.23%, smaller than the maximum IVNQX drawdown of -34.83%. Use the drawdown chart below to compare losses from any high point for VBF and IVNQX.

Drawdown Indicators

	VBF	IVNQX	Difference
Max Drawdown Largest peak-to-trough decline	-32.23%	-34.83%	+2.60%
Max Drawdown (1Y) Largest decline over 1 year	-5.25%	-12.56%	+7.31%
Max Drawdown (5Y) Largest decline over 5 years	-32.23%	-34.83%	+2.60%
Max Drawdown (10Y) Largest decline over 10 years	-32.23%	—	—
Current Drawdown Current decline from peak	-12.29%	-8.94%	-3.35%
Average Drawdown Average peak-to-trough decline	-7.22%	-8.45%	+1.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.42%	3.39%	-1.97%

Volatility

VBF vs. IVNQX - Volatility Comparison

The current volatility for Invesco Bond Fund (VBF) is 2.28%, while Invesco Nasdaq 100 Index Fund (IVNQX) has a volatility of 6.55%. This indicates that VBF experiences smaller price fluctuations and is considered to be less risky than IVNQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VBF	IVNQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.28%	6.55%	-4.27%
Volatility (6M) Calculated over the trailing 6-month period	4.03%	12.88%	-8.85%
Volatility (1Y) Calculated over the trailing 1-year period	7.15%	22.53%	-15.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.41%	22.51%	-10.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.71%	22.56%	-9.85%