VSLAX vs. OPGSX
VSLAX (Invesco Senior Loan Fund Class A) and OPGSX (Invesco Gold & Special Minerals Fund) are both mutual funds - VSLAX is a Bank Loan fund managed by Invesco, while OPGSX is a Gold fund managed by Invesco. Over the past 10 years, VSLAX returned 4.66%/yr vs 12.57%/yr for OPGSX. At a 0.11 correlation, their price movements are largely independent. VSLAX charges 1.70%/yr vs 1.05%/yr for OPGSX.
Performance
VSLAX vs. OPGSX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VSLAX achieves a -1.39% return, which is significantly higher than OPGSX's -10.99% return. Over the past 10 years, VSLAX has underperformed OPGSX with an annualized return of 4.66%, while OPGSX has yielded a comparatively higher 12.57% annualized return.
VSLAX
- 1D
- -0.18%
- 1M
- 0.26%
- YTD
- -1.39%
- 6M
- -0.57%
- 1Y
- 0.92%
- 3Y*
- 4.88%
- 5Y*
- 3.70%
- 10Y*
- 4.66%
OPGSX
- 1D
- -3.88%
- 1M
- -14.84%
- YTD
- -10.99%
- 6M
- -14.40%
- 1Y
- 42.36%
- 3Y*
- 33.60%
- 5Y*
- 14.98%
- 10Y*
- 12.57%
VSLAX vs. OPGSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VSLAX Invesco Senior Loan Fund Class A | -1.39% | 4.45% | 5.90% | 10.63% | -3.01% | 8.20% | 1.04% | 7.45% | -0.35% | 5.37% |
OPGSX Invesco Gold & Special Minerals Fund | -10.99% | 131.03% | 13.05% | 6.35% | -16.86% | -2.75% | 36.15% | 46.37% | -13.15% | 17.17% |
Correlation
The correlation between VSLAX and OPGSX is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2005 | 0.11 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VSLAX vs. OPGSX — Risk / Return Rank
VSLAX
OPGSX
VSLAX vs. OPGSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Senior Loan Fund Class A (VSLAX) and Invesco Gold & Special Minerals Fund (OPGSX). 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 | OPGSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.20 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.24 | 1.38 | -1.13 |
| Martin ratioReturn relative to average drawdown | 0.49 | 3.58 | -3.09 |
Loading charts...
Drawdowns
VSLAX vs. OPGSX - Drawdown Comparison
The maximum VSLAX drawdown since its inception was -48.81%, smaller than the maximum OPGSX drawdown of -80.04%. Use the drawdown chart below to compare losses from any high point for VSLAX and OPGSX.
Loading charts...
Drawdown Indicators
| VSLAX | OPGSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.81% | -80.04% | +31.23% |
Max Drawdown (1Y)Largest decline over 1 year | -3.41% | -34.52% | +31.11% |
Max Drawdown (3Y)Largest decline over 3 years | -3.86% | -34.52% | +30.66% |
Max Drawdown (5Y)Largest decline over 5 years | -8.54% | -47.09% | +38.55% |
Max Drawdown (10Y)Largest decline over 10 years | -23.54% | -47.09% | +23.55% |
Current DrawdownCurrent decline from peak | -2.31% | -33.22% | +30.91% |
Average DrawdownAverage peak-to-trough decline | -4.13% | -29.29% | +25.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 12.76% | -11.16% |
Volatility
VSLAX vs. OPGSX - Volatility Comparison
The current volatility for Invesco Senior Loan Fund Class A (VSLAX) is 0.89%, while Invesco Gold & Special Minerals Fund (OPGSX) has a volatility of 16.30%. This indicates that VSLAX experiences smaller price fluctuations and is considered to be less risky than OPGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VSLAX | OPGSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.89% | 16.30% | -15.41% |
Volatility (6M)Calculated over the trailing 6-month period | 2.08% | 37.24% | -35.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.15% | 45.54% | -42.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.12% | 34.07% | -29.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.75% | 33.13% | -28.38% |
VSLAX vs. OPGSX - Expense Ratio Comparison
VSLAX has a 1.70% expense ratio, which is higher than OPGSX's 1.05% expense ratio.
Dividends
VSLAX vs. OPGSX - Dividend Comparison
VSLAX's dividend yield for the trailing twelve months is around 5.20%, more than OPGSX's 0.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPGSX Invesco Gold & Special Minerals Fund | 0.48% | 0.43% | 0.86% | 0.81% | 0.45% | 3.56% | 1.55% | 0.29% | 0.00% | 2.78% | 7.21% | 0.00% |
VSLAX Invesco Senior Loan Fund Class A | 5.20% | 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 OPGSX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPGSX has higher volatility (16.30%) compared to VSLAX (0.89%). In terms of maximum drawdown, VSLAX dropped -48.81% vs OPGSX's -80.04%.
OPGSX currently has the higher Sharpe Ratio (1.04 vs 0.26), 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.
Find the right allocation for VSLAX and OPGSX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer