DGFFX vs. IGBIX
DGFFX (Destinations Global Fixed Income Opportunities Fund) and IGBIX (Voya Global Bond Fund) are both Global Bonds funds. Over the past 5 years, DGFFX returned 3.76%/yr vs -2.58%/yr for IGBIX. Their 0.40 correlation means their historical movements had little consistent relationship. DGFFX charges 0.99%/yr vs 0.65%/yr for IGBIX.
Performance
DGFFX vs. IGBIX - Performance Comparison
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Returns By Period
In the year-to-date period, DGFFX achieves a 2.91% return, which is significantly higher than IGBIX's -1.89% return.
DGFFX
- 1D
- 0.00%
- 1M
- 0.11%
- 6M
- 2.04%
- YTD
- 2.91%
- 1Y
- 5.51%
- 3Y*
- 6.93%
- 5Y*
- 3.76%
- 10Y*
- —
- ALL TIME*
- 3.86%
IGBIX
- 1D
- 0.57%
- 1M
- -0.85%
- 6M
- -2.27%
- YTD
- -1.89%
- 1Y
- -0.34%
- 3Y*
- 2.49%
- 5Y*
- -2.58%
- 10Y*
- 0.43%
- ALL TIME*
- 2.88%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
DGFFX vs. IGBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DGFFX Destinations Global Fixed Income Opportunities Fund | 2.91% | 5.84% | 8.04% | 7.82% | -6.09% | 4.91% | 3.59% | 6.64% | -0.35% | 3.57% |
IGBIX Voya Global Bond Fund | -1.89% | 7.51% | -1.07% | 6.05% | -18.48% | -5.58% | 10.12% | 7.59% | -1.89% | 7.84% |
Correlation
The correlation between DGFFX and IGBIX is 0.50, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.50 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2017 | 0.40 |
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Return for Risk
DGFFX vs. IGBIX — Risk / Return Rank
DGFFX
IGBIX
DGFFX vs. IGBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Destinations Global Fixed Income Opportunities Fund (DGFFX) and Voya Global Bond Fund (IGBIX). 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.
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.
| DGFFX | IGBIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.34 | ||
| Sortino ratioReturn per unit of downside risk | +5.32 | ||
| Omega ratioGain probability vs. loss probability | 1.78 | 1.00 | +0.78 |
| Calmar ratioReturn relative to maximum drawdown | 5.65 | -0.02 | +5.66 |
| Martin ratioReturn relative to average drawdown | 25.57 | -0.04 | +25.61 |
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Drawdowns
DGFFX vs. IGBIX - Drawdown Comparison
The maximum DGFFX drawdown since its inception was -12.69%, smaller than the maximum IGBIX drawdown of -28.58%. Use the drawdown chart below to compare losses from any high point for DGFFX and IGBIX.
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Drawdown Indicators
| DGFFX | IGBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.69% | -28.58% | +15.89% |
Max Drawdown (1Y)Largest decline over 1 year | -1.19% | -5.27% | +4.08% |
Max Drawdown (3Y)Largest decline over 3 years | -3.38% | -7.21% | +3.83% |
Max Drawdown (5Y)Largest decline over 5 years | -8.17% | -26.38% | +18.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.58% | — |
Current DrawdownCurrent decline from peak | -0.21% | -15.06% | +14.85% |
Average DrawdownAverage peak-to-trough decline | -1.30% | -6.06% | +4.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.24% | 2.34% | -2.10% |
Volatility
DGFFX vs. IGBIX - Volatility Comparison
The current volatility for Destinations Global Fixed Income Opportunities Fund (DGFFX) is 0.44%, while Voya Global Bond Fund (IGBIX) has a volatility of 1.53%. This indicates that DGFFX experiences smaller price fluctuations and is considered to be less risky than IGBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DGFFX | IGBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.44% | 1.53% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 1.50% | 4.75% | -3.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.02% | 5.89% | -3.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.43% | 6.75% | -4.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.59% | 5.98% | -3.39% |
DGFFX vs. IGBIX - Expense Ratio Comparison
DGFFX has a 0.99% expense ratio, which is higher than IGBIX's 0.65% expense ratio.
Dividends
DGFFX vs. IGBIX - Dividend Comparison
DGFFX's dividend yield for the trailing twelve months is around 6.83%, more than IGBIX's 3.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGFFX Destinations Global Fixed Income Opportunities Fund | 6.83% | 5.52% | 6.81% | 4.95% | 3.37% | 4.14% | 4.22% | 4.18% | 3.79% | 2.94% | 0.00% | 0.00% |
IGBIX Voya Global Bond Fund | 3.55% | 3.44% | 4.58% | 3.35% | 3.31% | 4.04% | 4.43% | 4.66% | 4.75% | 4.84% | 4.69% | 4.72% |
Frequently Asked Questions
DGFFX and IGBIX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGBIX has higher volatility (1.53%) compared to DGFFX (0.44%). In terms of maximum drawdown, DGFFX dropped -12.69% vs IGBIX's -28.58%.
DGFFX currently has the higher Sharpe Ratio (3.33 vs -0.01), 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.
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