Is Oppenheimer Discovery Y (ODIYX) a Strong Mutual Fund Pick Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 05 2024
0mins
Source: NASDAQ.COM
Overview of Oppenheimer Discovery Y (ODIYX): ODIYX is a Small Cap Growth mutual fund with a Zacks Mutual Fund Rank of 1 (Strong Buy), focusing on stocks with growth potential and market caps under $2 billion. It has a strong 5-year annualized return of 10.74% but shows higher volatility compared to its peers.
Investment Considerations: The fund has an expense ratio of 0.82%, making it cheaper than the category average, and requires a minimum initial investment of $1,000. Despite its strong performance, it has a negative alpha of -3.93, indicating challenges in outperforming the S&P 500 benchmark.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








