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Voya High Yield Portfolio (IPHYX) Sharpe Ratio: 1.76

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The investment seeks to provide investors with a high level of current income and total return. Under normal market conditions, the Portfolio invests at least 80% of its net assets (plus borrowings for investment purposes) in a diversified portfolio of high-yield (high risk) bonds commonly known as "junk bonds." High-yield bonds are debt instruments that, at the time of purchase, are not rated by a nationally recognized statistical rating organization ("NRSRO") or are rated below investment-grade (for example, rated below BBB- by S&P Global Ratings or Baa3 by Moody's Investors Service, Inc.) or have an equivalent rating by a NRSRO.

IPHYX's Sharpe Ratio of 1.76 indicates that for each unit of volatility, it generates 1.76 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

IPHYX Sharpe Ratio Rank

IPHYX Sharpe Ratio Rank: 36.236
Below Average

IPHYX ranks above 36.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

IPHYX Sharpe Ratio Market Positioning

The chart shows IPHYX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.64+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Voya High Yield Portfolio's Sharpe Ratio with other mutual funds in the High Yield Bonds category across multiple time periods, showing how IPHYX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CCLFXCliffwater Corporate Lending Fund8.50
XILSXPioneer ILS Interval Fund8.31
RPHIXRiverPark Short Term High Yield Fund5.27
CWFIXChartwell Short Duration High Yield Fund3.85
PYHRXPayden High Income Fund3.76
SHYPXAmerican Beacon SiM High Yld Opps Fund3.64
SHOYXAmerican Beacon SiM High Yield Opportunities Fund Class Y3.62
PSHNXPenn Capital Short Duration High Income Fund3.48
FSHNXFidelity Series High Income Fund3.44
RPIHXT. Rowe Price Global High Income Bond Fund3.39
IPHYXVoya High Yield Portfolio1.76

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows IPHYX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when IPHYX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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