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.
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.
Performance
VVOAX vs. ^GSPC - Performance Comparison
Key characteristics
VVOAX:
-0.06
^GSPC:
0.24
VVOAX:
0.10
^GSPC:
0.47
VVOAX:
1.01
^GSPC:
1.07
VVOAX:
-0.05
^GSPC:
0.24
VVOAX:
-0.16
^GSPC:
1.08
VVOAX:
8.82%
^GSPC:
4.25%
VVOAX:
25.76%
^GSPC:
19.00%
VVOAX:
-65.29%
^GSPC:
-56.78%
VVOAX:
-23.44%
^GSPC:
-14.02%
Returns By Period
In the year-to-date period, VVOAX achieves a -12.03% return, which is significantly lower than ^GSPC's -10.18% return. Over the past 10 years, VVOAX has underperformed ^GSPC with an annualized return of 2.93%, while ^GSPC has yielded a comparatively higher 9.70% annualized return.
VVOAX
-12.03%
-10.78%
-15.75%
-0.58%
17.39%
2.93%
^GSPC
-10.18%
-6.92%
-9.92%
5.42%
12.98%
9.70%
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Risk-Adjusted Performance
VVOAX vs. ^GSPC — Risk-Adjusted Performance Rank
VVOAX
^GSPC
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 15.36% compared to S&P 500 (^GSPC) at 13.60%. 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.