- ISIN
- US92913K8505
- CUSIP
- 92913K850
- Issuer
- Voya
- Inception Date
- Aug 20, 1998
- Category
- Mid Cap Growth Equities
- Min. Investment
- $250,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
NMCIX Performance Chart
Voya MidCap Opportunities Fund (NMCIX) is up 8.9% since the beginning of the year. NMCIX is currently trading at $25 per share. Investors who bought $1,000 worth of NMCIX shares 5 years ago would now be looking at an investment worth $1,259.
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Returns By Period
Voya MidCap Opportunities Fund (NMCIX) has returned 8.92% so far this year and 9.82% over the past 12 months. Over the last ten years, NMCIX has returned 11.89% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Voya MidCap Opportunities Fund
- 1D
- 1.78%
- 1M
- 5.72%
- YTD
- 8.92%
- 6M
- 6.16%
- 1Y
- 9.82%
- 3Y*
- 12.23%
- 5Y*
- 4.72%
- 10Y*
- 11.89%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
NMCIX Monthly Returns History
Based on dividend-adjusted daily data since Aug 20, 1998, NMCIX's average daily return is +0.05%, while the average monthly return is +0.96%. At this rate, an investment would double in approximately 6.0 years.
Historically, 62% of months were positive and 38% were negative. The best month was Feb 2000 with a return of +27.2%, while the worst month was Nov 2000 at -18.9%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.
On a daily basis, NMCIX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +11.4%, while the worst single day was Sep 28, 1999 at -18.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.13% | 0.78% | -8.26% | 8.72% | 6.77% | 1.62% | 8.92% | ||||||
| 2025 | 6.51% | -10.30% | -4.67% | 3.55% | 6.86% | 4.74% | 2.36% | 1.39% | -0.54% | -1.67% | -1.36% | -2.11% | 3.45% |
| 2024 | 0.79% | 7.83% | 1.34% | -5.87% | 1.01% | 1.04% | -2.25% | 0.69% | 3.13% | 2.60% | 11.59% | -5.95% | 15.64% |
| 2023 | 6.44% | -0.53% | 0.72% | -1.20% | 1.75% | 7.91% | 3.09% | -2.53% | -4.84% | -4.34% | 10.82% | 5.18% | 23.34% |
| 2022 | -12.90% | -1.71% | 2.90% | -10.01% | -5.92% | -6.55% | 12.43% | -1.07% | -7.83% | 6.78% | 4.95% | -6.72% | -25.31% |
| 2021 | -2.86% | 5.78% | -2.48% | 6.89% | -2.93% | 5.77% | 2.50% | 2.75% | -3.19% | 5.53% | -5.89% | 0.01% | 11.38% |
Benchmark Metrics
Voya MidCap Opportunities Fund has an annualized alpha of 2.73%, beta of 1.07, and R2 of 0.77 versus S&P 500 Index. Calculated based on daily prices since August 20, 1998.
- This fund captured 118.41% of S&P 500 Index gains and 105.64% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.73% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.07 and R2 of 0.77, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.73%
- Beta
- 1.07
- R²
- 0.77
- Upside Capture
- 118.41%
- Downside Capture
- 105.64%
Expense Ratio
NMCIX has a high expense ratio of 0.93%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
NMCIX ranks 7 for risk / return — in the bottom 7% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Voya MidCap Opportunities Fund (NMCIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NMCIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.37 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.63 | 2.78 | -2.16 |
| Martin ratioReturn relative to average drawdown | 1.84 | 12.44 | -10.60 |
Dividends
Dividend History
Voya MidCap Opportunities Fund provided a 12.81% dividend yield over the last twelve months, with an annual payout of $3.22 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.22 | $3.22 | $2.54 | $0.17 | $0.00 | $5.67 | $5.09 | $2.94 | $3.93 | $3.49 | $1.42 | $2.02 |
Dividend yield | 12.81% | 13.96% | 10.01% | 0.72% | 0.00% | 21.64% | 17.74% | 12.19% | 19.82% | 13.64% | 6.06% | 8.73% |
Monthly Dividends
The table displays the monthly dividend distributions for Voya MidCap Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.22 | $3.22 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.54 | $2.54 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.67 | $5.67 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Voya MidCap Opportunities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Voya MidCap Opportunities Fund was 68.41%, occurring on Oct 9, 2002. Recovery took 2175 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -68.41%Oct 2002 | 2y 7mo | 8y 7mo | 11y 2moMar 2000 - May 2011 |
Bear market2022 | -39.00%Jun 2022 | 7mo 1d | 2y 4mo | 2y 11moNov 2021 - Nov 2024 |
COVID crash2020 | -35.37%Mar 2020 | 1mo 2d | 3mo 29d | 5mo 1dFeb 2020 - Jul 2020 |
2025 selloff2025 | -26.22%Apr 2025 | 1mo 19d | 4mo 22d | 6mo 11dFeb 2025 - Aug 2025 |
2011 bear market2011 | -23.83%Oct 2011 | 2mo 27d | 5mo | 7mo 27dJul 2011 - Mar 2012 |
Drawdown Indicators
| NMCIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.41% | -56.78% | -11.63% |
Max Drawdown (1Y)Largest decline over 1 year | -17.38% | -9.10% | -8.28% |
Max Drawdown (3Y)Largest decline over 3 years | -26.22% | -18.90% | -7.32% |
Max Drawdown (5Y)Largest decline over 5 years | -39.00% | -25.43% | -13.57% |
Max Drawdown (10Y)Largest decline over 10 years | -39.00% | -33.92% | -5.08% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -20.86% | -10.71% | -10.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.67% | 2.03% | +3.64% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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