VSLAX vs. MSIGX
VSLAX (Invesco Senior Loan Fund Class A) and MSIGX (Invesco Main Street Fund) are both mutual funds - VSLAX is a Bank Loan fund managed by Invesco, while MSIGX is a Large Cap Blend Equities fund managed by Invesco. Over the past 10 years, VSLAX returned 4.63%/yr vs 11.93%/yr for MSIGX. At a 0.23 correlation, their price movements are largely independent. VSLAX charges 1.70%/yr vs 0.82%/yr for MSIGX.
Performance
VSLAX vs. MSIGX - Performance Comparison
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Returns By Period
In the year-to-date period, VSLAX achieves a -1.21% return, which is significantly lower than MSIGX's 6.00% return. Over the past 10 years, VSLAX has underperformed MSIGX with an annualized return of 4.63%, while MSIGX has yielded a comparatively higher 11.93% annualized return.
VSLAX
- 1D
- 0.00%
- 1M
- 0.44%
- YTD
- -1.21%
- 6M
- -0.57%
- 1Y
- 1.10%
- 3Y*
- 4.89%
- 5Y*
- 3.80%
- 10Y*
- 4.63%
MSIGX
- 1D
- 1.16%
- 1M
- 0.76%
- YTD
- 6.00%
- 6M
- 5.78%
- 1Y
- 19.72%
- 3Y*
- 17.23%
- 5Y*
- 11.03%
- 10Y*
- 11.93%
VSLAX vs. MSIGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VSLAX Invesco Senior Loan Fund Class A | -1.21% | 4.45% | 5.90% | 10.63% | -3.01% | 8.20% | 1.04% | 7.45% | -0.35% | 5.37% |
MSIGX Invesco Main Street Fund | 6.00% | 16.02% | 23.66% | 23.06% | -20.21% | 27.37% | 14.41% | 22.49% | -8.25% | 16.79% |
Correlation
The correlation between VSLAX and MSIGX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2005 | 0.23 |
The correlation between VSLAX and MSIGX shifts across timeframes, from 0.19 (1 year) to 0.32 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
VSLAX vs. MSIGX — Risk / Return Rank
VSLAX
MSIGX
VSLAX vs. MSIGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Senior Loan Fund Class A (VSLAX) and Invesco Main Street Fund (MSIGX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VSLAX | MSIGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.31 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 1.98 | -1.62 |
| Martin ratioReturn relative to average drawdown | 0.74 | 8.01 | -7.27 |
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Drawdowns
VSLAX vs. MSIGX - Drawdown Comparison
The maximum VSLAX drawdown since its inception was -48.81%, smaller than the maximum MSIGX drawdown of -57.22%. Use the drawdown chart below to compare losses from any high point for VSLAX and MSIGX.
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Drawdown Indicators
| VSLAX | MSIGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.81% | -57.22% | +8.41% |
Max Drawdown (1Y)Largest decline over 1 year | -3.41% | -10.96% | +7.55% |
Max Drawdown (3Y)Largest decline over 3 years | -3.86% | -19.91% | +16.05% |
Max Drawdown (5Y)Largest decline over 5 years | -8.54% | -26.73% | +18.19% |
Max Drawdown (10Y)Largest decline over 10 years | -23.54% | -35.41% | +11.87% |
Current DrawdownCurrent decline from peak | -2.13% | -0.64% | -1.49% |
Average DrawdownAverage peak-to-trough decline | -4.13% | -8.98% | +4.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.58% | 2.60% | -1.02% |
Volatility
VSLAX vs. MSIGX - Volatility Comparison
The current volatility for Invesco Senior Loan Fund Class A (VSLAX) is 0.89%, while Invesco Main Street Fund (MSIGX) has a volatility of 4.64%. This indicates that VSLAX experiences smaller price fluctuations and is considered to be less risky than MSIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VSLAX | MSIGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.89% | 4.64% | -3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 2.08% | 10.08% | -8.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.14% | 12.84% | -9.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.12% | 17.00% | -12.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.75% | 17.93% | -13.18% |
VSLAX vs. MSIGX - Expense Ratio Comparison
VSLAX has a 1.70% expense ratio, which is higher than MSIGX's 0.82% expense ratio.
Dividends
VSLAX vs. MSIGX - Dividend Comparison
VSLAX's dividend yield for the trailing twelve months is around 5.19%, less than MSIGX's 7.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSIGX Invesco Main Street Fund | 7.07% | 7.50% | 6.06% | 7.40% | 4.68% | 19.19% | 3.17% | 0.89% | 19.62% | 7.50% | 2.96% | 13.79% |
VSLAX Invesco Senior Loan Fund Class A | 5.19% | 6.67% | 7.68% | 8.67% | 8.75% | 4.75% | 4.22% | 4.70% | 4.93% | 4.16% | 5.17% | 6.16% |
Frequently Asked Questions
VSLAX and MSIGX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSIGX has higher volatility (4.64%) compared to VSLAX (0.89%). In terms of maximum drawdown, VSLAX dropped -48.81% vs MSIGX's -57.22%.
MSIGX currently has the higher Sharpe Ratio (1.69 vs 0.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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