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VVOAX vs. SCHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VVOAX vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Value Opportunities Fund (VVOAX) and Schwab US Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
12.30%
10.52%
VVOAX
SCHD

Returns By Period

In the year-to-date period, VVOAX achieves a 31.38% return, which is significantly higher than SCHD's 16.58% return. Over the past 10 years, VVOAX has underperformed SCHD with an annualized return of 5.02%, while SCHD has yielded a comparatively higher 11.44% annualized return.


VVOAX

YTD

31.38%

1M

3.56%

6M

12.30%

1Y

40.71%

5Y (annualized)

13.14%

10Y (annualized)

5.02%

SCHD

YTD

16.58%

1M

-0.07%

6M

10.53%

1Y

26.04%

5Y (annualized)

12.78%

10Y (annualized)

11.44%

Key characteristics


VVOAXSCHD
Sharpe Ratio2.382.41
Sortino Ratio3.123.46
Omega Ratio1.421.42
Calmar Ratio3.383.46
Martin Ratio15.3113.08
Ulcer Index2.73%2.04%
Daily Std Dev17.62%11.08%
Max Drawdown-65.29%-33.37%
Current Drawdown-3.28%-1.27%

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VVOAX vs. SCHD - Expense Ratio Comparison

VVOAX has a 1.22% expense ratio, which is higher than SCHD's 0.06% expense ratio.


VVOAX
Invesco Value Opportunities Fund
Expense ratio chart for VVOAX: current value at 1.22% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.22%
Expense ratio chart for SCHD: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Correlation

-0.50.00.51.00.8

The correlation between VVOAX and SCHD is 0.83, 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

VVOAX vs. SCHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Value Opportunities Fund (VVOAX) and Schwab US Dividend Equity ETF (SCHD). 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 VVOAX, currently valued at 2.38, compared to the broader market0.002.004.002.382.41
The chart of Sortino ratio for VVOAX, currently valued at 3.12, compared to the broader market0.005.0010.003.123.46
The chart of Omega ratio for VVOAX, currently valued at 1.42, compared to the broader market1.002.003.004.001.421.42
The chart of Calmar ratio for VVOAX, currently valued at 3.38, compared to the broader market0.005.0010.0015.0020.0025.003.383.46
The chart of Martin ratio for VVOAX, currently valued at 15.31, compared to the broader market0.0020.0040.0060.0080.00100.0015.3113.08
VVOAX
SCHD

The current VVOAX Sharpe Ratio is 2.38, which is comparable to the SCHD Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of VVOAX and SCHD, 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
2.38
2.41
VVOAX
SCHD

Dividends

VVOAX vs. SCHD - Dividend Comparison

VVOAX's dividend yield for the trailing twelve months is around 0.16%, less than SCHD's 3.39% yield.


TTM20232022202120202019201820172016201520142013
VVOAX
Invesco Value Opportunities Fund
0.16%0.21%0.75%0.60%0.25%0.00%0.00%0.00%0.16%1.15%1.72%1.00%
SCHD
Schwab US Dividend Equity ETF
3.39%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%2.63%2.47%

Drawdowns

VVOAX vs. SCHD - Drawdown Comparison

The maximum VVOAX drawdown since its inception was -65.29%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for VVOAX and SCHD. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.28%
-1.27%
VVOAX
SCHD

Volatility

VVOAX vs. SCHD - Volatility Comparison

Invesco Value Opportunities Fund (VVOAX) has a higher volatility of 6.40% compared to Schwab US Dividend Equity ETF (SCHD) at 3.60%. This indicates that VVOAX's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
6.40%
3.60%
VVOAX
SCHD