VVOIX vs. MSIGX

Last updated Jun 6, 2026

VVOIX (Invesco Value Opportunities Fund Class Y) and MSIGX (Invesco Main Street Fund) are both mutual funds - VVOIX is a Mid Cap Value Equities fund actively managed by Invesco, while MSIGX is a Large Cap Blend Equities fund managed by Invesco. Over the past 10 years, VVOIX returned 16.54%/yr vs 11.80%/yr for MSIGX. Their correlation of 0.83 suggests significant overlap in exposure. VVOIX charges 0.77%/yr vs 0.82%/yr for MSIGX.

Performance

VVOIX vs. MSIGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Value Opportunities Fund Class Y (VVOIX) and Invesco Main Street Fund (MSIGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VVOIX achieves a 25.08% return, which is significantly higher than MSIGX's 6.00% return. Over the past 10 years, VVOIX has outperformed MSIGX with an annualized return of 16.54%, while MSIGX has yielded a comparatively lower 11.80% annualized return.

VVOIX

• 1D: 1.03%
• 1M: 5.50%
• YTD: 25.08%
• 6M: 24.21%
• 1Y: 51.13%
• 3Y*: 32.86%
• 5Y*: 18.85%
• 10Y*: 16.54%

MSIGX

• 1D: 0.52%
• 1M: 1.38%
• YTD: 6.00%
• 6M: 5.90%
• 1Y: 20.22%
• 3Y*: 18.23%
• 5Y*: 10.62%
• 10Y*: 11.80%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VVOIX vs. MSIGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VVOIX Invesco Value Opportunities Fund Class Y	25.08%	20.54%	30.36%	15.40%	1.68%	35.87%	5.73%	30.20%	-19.74%	17.36%
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 VVOIX and MSIGX is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.76
Correlation (All Time) Calculated using the full available price history since Mar 24, 2005	0.83

Over the past year, the correlation between VVOIX and MSIGX has dropped to 0.60 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.

Return for Risk

VVOIX vs. MSIGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VVOIX

VVOIX Risk / Return Rank: 87
VVOIX Sharpe Ratio Rank: 89
VVOIX Sortino Ratio Rank: 80
VVOIX Omega Ratio Rank: 78
VVOIX Calmar Ratio Rank: 95
VVOIX Martin Ratio Rank: 94

MSIGX

MSIGX Risk / Return Rank: 40
MSIGX Sharpe Ratio Rank: 43
MSIGX Sortino Ratio Rank: 44
MSIGX Omega Ratio Rank: 42
MSIGX Calmar Ratio Rank: 32
MSIGX Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VVOIX vs. MSIGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Value Opportunities Fund Class Y (VVOIX) 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.

	VVOIX	MSIGX	Difference
Sharpe ratio: Return per unit of total volatility	2.90	1.85	+1.05
Sortino ratio: Return per unit of downside risk	3.75	2.68	+1.07
Omega ratio: Gain probability vs. loss probability	1.50	1.34	+0.16
Calmar ratio: Return relative to maximum drawdown	5.66	2.05	+3.62
Martin ratio: Return relative to average drawdown	20.17	8.39	+11.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VVOIX vs. MSIGX - Sharpe Ratio Comparison

The current VVOIX Sharpe Ratio is 2.90, which is higher than the MSIGX Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of VVOIX and MSIGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VVOIX	MSIGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.90	1.85	+1.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.64	+0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.67	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.65	-0.23

Drawdowns

VVOIX vs. MSIGX - Drawdown Comparison

The maximum VVOIX drawdown since its inception was -61.77%, which is greater than MSIGX's maximum drawdown of -57.22%. Use the drawdown chart below to compare losses from any high point for VVOIX and MSIGX.

Drawdown Indicators

	VVOIX	MSIGX	Difference
Max Drawdown Largest peak-to-trough decline	-61.77%	-57.22%	-4.55%
Max Drawdown (1Y) Largest decline over 1 year	-9.17%	-10.96%	+1.79%
Max Drawdown (3Y) Largest decline over 3 years	-24.01%	-19.91%	-4.10%
Max Drawdown (5Y) Largest decline over 5 years	-24.01%	-26.73%	+2.72%
Max Drawdown (10Y) Largest decline over 10 years	-51.52%	-35.41%	-16.11%
Current Drawdown Current decline from peak	0.00%	-0.41%	+0.41%
Average Drawdown Average peak-to-trough decline	-11.90%	-8.99%	-2.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	2.56%	0.00%

Volatility

VVOIX vs. MSIGX - Volatility Comparison

Invesco Value Opportunities Fund Class Y (VVOIX) has a higher volatility of 6.13% compared to Invesco Main Street Fund (MSIGX) at 2.67%. This indicates that VVOIX's price experiences larger fluctuations and is considered to be riskier than MSIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VVOIX	MSIGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.13%	2.67%	+3.46%
Volatility (6M) Calculated over the trailing 6-month period	13.89%	9.77%	+4.12%
Volatility (1Y) Calculated over the trailing 1-year period	17.92%	12.17%	+5.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.17%	16.91%	+4.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.19%	17.88%	+6.31%

VVOIX vs. MSIGX - Expense Ratio Comparison

VVOIX has a 0.77% expense ratio, which is lower than MSIGX's 0.82% expense ratio.

Dividends

VVOIX vs. MSIGX - Dividend Comparison

VVOIX's dividend yield for the trailing twelve months is around 8.47%, more 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%
VVOIX Invesco Value Opportunities Fund Class Y	8.47%	10.59%	7.94%	2.26%	10.02%	9.16%	0.49%	1.94%	15.42%	5.12%	1.10%	16.04%

Frequently Asked Questions

Can I hold both VVOIX and MSIGX in my portfolio?

VVOIX and MSIGX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VVOIX or MSIGX?

VVOIX has higher volatility (6.13%) compared to MSIGX (2.67%). In terms of maximum drawdown, VVOIX dropped -61.77% vs MSIGX's -57.22%.

Which has better risk-adjusted returns?

VVOIX currently has the higher Sharpe Ratio (2.90 vs 1.85), 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.