CIBFX vs. IPIRX

Last updated Jun 4, 2026

CIBFX (American Funds Capital Income Builder Fund Class F-1) and IPIRX (Voya Global Perspectives Portfolio) are both Global Allocation funds. Over the past 10 years, CIBFX returned 7.90%/yr vs 6.45%/yr for IPIRX. Their correlation of 0.85 suggests significant overlap in exposure. CIBFX charges 0.64%/yr vs 0.20%/yr for IPIRX.

Performance

CIBFX vs. IPIRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Capital Income Builder Fund Class F-1 (CIBFX) and Voya Global Perspectives Portfolio (IPIRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CIBFX achieves a 7.75% return, which is significantly higher than IPIRX's 6.84% return. Over the past 10 years, CIBFX has outperformed IPIRX with an annualized return of 7.90%, while IPIRX has yielded a comparatively lower 6.45% annualized return.

CIBFX

• 1D: 0.56%
• 1M: 2.02%
• YTD: 7.75%
• 6M: 8.51%
• 1Y: 18.42%
• 3Y*: 15.15%
• 5Y*: 8.47%
• 10Y*: 7.90%

IPIRX

• 1D: 0.00%
• 1M: 2.01%
• YTD: 6.84%
• 6M: 7.17%
• 1Y: 16.10%
• 3Y*: 11.74%
• 5Y*: 4.43%
• 10Y*: 6.45%

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

CIBFX vs. IPIRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CIBFX American Funds Capital Income Builder Fund Class F-1	7.75%	20.29%	10.16%	8.90%	-7.21%	14.95%	3.14%	17.16%	-7.10%	13.88%
IPIRX Voya Global Perspectives Portfolio	6.84%	14.21%	7.31%	10.65%	-17.52%	6.06%	16.10%	18.35%	-9.87%	15.00%

Correlation

The correlation between CIBFX and IPIRX is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014	0.85

The correlation between CIBFX and IPIRX shifts across timeframes, from 0.71 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CIBFX vs. IPIRX — Risk / Return Rank

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

CIBFX

CIBFX Risk / Return Rank: 60
CIBFX Sharpe Ratio Rank: 63
CIBFX Sortino Ratio Rank: 61
CIBFX Omega Ratio Rank: 61
CIBFX Calmar Ratio Rank: 56
CIBFX Martin Ratio Rank: 57

IPIRX

IPIRX Risk / Return Rank: 54
IPIRX Sharpe Ratio Rank: 54
IPIRX Sortino Ratio Rank: 61
IPIRX Omega Ratio Rank: 57
IPIRX Calmar Ratio Rank: 43
IPIRX Martin Ratio Rank: 56

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.

CIBFX vs. IPIRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Capital Income Builder Fund Class F-1 (CIBFX) and Voya Global Perspectives Portfolio (IPIRX). 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.

	CIBFX	IPIRX	Difference
Sharpe ratio: Return per unit of total volatility	2.33	2.18	+0.15
Sortino ratio: Return per unit of downside risk	3.29	3.27	+0.01
Omega ratio: Gain probability vs. loss probability	1.44	1.42	+0.02
Calmar ratio: Return relative to maximum drawdown	2.87	2.48	+0.39
Martin ratio: Return relative to average drawdown	11.41	11.31	+0.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CIBFX vs. IPIRX - Sharpe Ratio Comparison

The current CIBFX Sharpe Ratio is 2.33, which is comparable to the IPIRX Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of CIBFX and IPIRX, 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

	CIBFX	IPIRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	2.18	+0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	0.42	+0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.67	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.60	+0.05

Drawdowns

CIBFX vs. IPIRX - Drawdown Comparison

The maximum CIBFX drawdown since its inception was -43.26%, which is greater than IPIRX's maximum drawdown of -24.97%. Use the drawdown chart below to compare losses from any high point for CIBFX and IPIRX.

Drawdown Indicators

	CIBFX	IPIRX	Difference
Max Drawdown Largest peak-to-trough decline	-43.26%	-24.97%	-18.29%
Max Drawdown (1Y) Largest decline over 1 year	-6.49%	-7.88%	+1.39%
Max Drawdown (3Y) Largest decline over 3 years	-8.89%	-10.54%	+1.65%
Max Drawdown (5Y) Largest decline over 5 years	-17.68%	-24.97%	+7.29%
Max Drawdown (10Y) Largest decline over 10 years	-25.28%	-24.97%	-0.31%
Current Drawdown Current decline from peak	0.00%	-0.19%	+0.19%
Average Drawdown Average peak-to-trough decline	-4.71%	-4.85%	+0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	1.67%	-0.04%

Volatility

CIBFX vs. IPIRX - Volatility Comparison

American Funds Capital Income Builder Fund Class F-1 (CIBFX) and Voya Global Perspectives Portfolio (IPIRX) have volatilities of 2.46% and 2.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIBFX	IPIRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.46%	2.53%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	6.42%	7.32%	-0.90%
Volatility (1Y) Calculated over the trailing 1-year period	8.01%	9.11%	-1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.99%	10.82%	-0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.88%	9.78%	+1.10%

CIBFX vs. IPIRX - Expense Ratio Comparison

CIBFX has a 0.64% expense ratio, which is higher than IPIRX's 0.20% expense ratio.

Dividends

CIBFX vs. IPIRX - Dividend Comparison

CIBFX's dividend yield for the trailing twelve months is around 7.16%, less than IPIRX's 44.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIBFX American Funds Capital Income Builder Fund Class F-1	7.16%	7.65%	5.69%	3.41%	3.37%	3.08%	3.34%	4.04%	3.72%	4.37%	3.46%	3.56%
IPIRX Voya Global Perspectives Portfolio	44.20%	5.64%	3.25%	14.65%	13.55%	6.34%	6.25%	7.80%	1.30%	2.78%	2.78%	7.16%

Frequently Asked Questions

Can I hold both CIBFX and IPIRX in my portfolio?

CIBFX and IPIRX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CIBFX or IPIRX?

IPIRX has higher volatility (2.53%) compared to CIBFX (2.46%). In terms of maximum drawdown, CIBFX dropped -43.26% vs IPIRX's -24.97%.

Which has better risk-adjusted returns?

CIBFX currently has the higher Sharpe Ratio (2.33 vs 2.17), 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.