VVOAX vs. ^GSPC
Compare and contrast key facts about Invesco Value Opportunities Fund (VVOAX) and S&P 500 (^GSPC).
VVOAX is managed by Invesco. It was launched on Jun 25, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VVOAX or ^GSPC.
Performance
VVOAX vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, VVOAX achieves a 32.96% return, which is significantly higher than ^GSPC's 24.05% return. Over the past 10 years, VVOAX has underperformed ^GSPC with an annualized return of 5.14%, while ^GSPC has yielded a comparatively higher 11.13% annualized return.
VVOAX
32.96%
5.46%
14.81%
43.10%
13.36%
5.14%
^GSPC
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Key characteristics
| VVOAX | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 2.37 | 2.46 |
| Sortino Ratio | 3.12 | 3.31 |
| Omega Ratio | 1.42 | 1.46 |
| Calmar Ratio | 3.37 | 3.55 |
| Martin Ratio | 15.27 | 15.76 |
| Ulcer Index | 2.74% | 1.91% |
| Daily Std Dev | 17.61% | 12.23% |
| Max Drawdown | -65.29% | -56.78% |
| Current Drawdown | -2.12% | -1.40% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between VVOAX and ^GSPC is 0.86, 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. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Value Opportunities Fund (VVOAX) and S&P 500 (^GSPC). 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.
Drawdowns
VVOAX vs. ^GSPC - Drawdown Comparison
The maximum VVOAX drawdown since its inception was -65.29%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for VVOAX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
VVOAX vs. ^GSPC - Volatility Comparison
Invesco Value Opportunities Fund (VVOAX) has a higher volatility of 6.38% compared to S&P 500 (^GSPC) at 4.07%. This indicates that VVOAX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.