HDDVX vs. IGD

Last updated Jun 3, 2026

HDDVX (Janus Henderson International Dividend Fund Class D) and IGD (Voya Global Equity Dividend and Premium Opportunity Fund) are both Global Equity Income funds. Over the past 5 years, HDDVX returned 12.19%/yr vs 11.63%/yr for IGD. A 0.60 correlation means they provide meaningful diversification when combined. HDDVX charges 0.90%/yr vs 0.01%/yr for IGD.

Performance

HDDVX vs. IGD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson International Dividend Fund Class D (HDDVX) and Voya Global Equity Dividend and Premium Opportunity Fund (IGD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HDDVX achieves a 14.90% return, which is significantly higher than IGD's 13.04% return.

HDDVX

• 1D: 0.58%
• 1M: 6.11%
• YTD: 14.90%
• 6M: 18.23%
• 1Y: 26.35%
• 3Y*: 20.30%
• 5Y*: 12.19%
• 10Y*: —

IGD

• 1D: -0.32%
• 1M: 4.86%
• YTD: 13.04%
• 6M: 13.22%
• 1Y: 22.17%
• 3Y*: 19.82%
• 5Y*: 11.63%
• 10Y*: 9.28%

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

HDDVX vs. IGD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HDDVX Janus Henderson International Dividend Fund Class D	14.90%	29.23%	8.73%	17.97%	-8.67%	11.66%	5.15%	18.72%	-9.14%	6.86%
IGD Voya Global Equity Dividend and Premium Opportunity Fund	13.04%	18.22%	22.44%	1.00%	-5.01%	29.11%	-7.25%	16.91%	-16.19%	10.00%

Correlation

The correlation between HDDVX and IGD is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jun 12, 2017	0.60

The correlation between HDDVX and IGD shifts across timeframes, from 0.45 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HDDVX vs. IGD — Risk / Return Rank

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

HDDVX

HDDVX Risk / Return Rank: 43
HDDVX Sharpe Ratio Rank: 47
HDDVX Sortino Ratio Rank: 42
HDDVX Omega Ratio Rank: 47
HDDVX Calmar Ratio Rank: 39
HDDVX Martin Ratio Rank: 39

IGD

IGD Risk / Return Rank: 51
IGD Sharpe Ratio Rank: 39
IGD Sortino Ratio Rank: 39
IGD Omega Ratio Rank: 36
IGD Calmar Ratio Rank: 79
IGD Martin Ratio Rank: 63

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.

HDDVX vs. IGD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson International Dividend Fund Class D (HDDVX) and Voya Global Equity Dividend and Premium Opportunity Fund (IGD). 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.

	HDDVX	IGD	Difference
Sharpe ratio Return per unit of total volatility	2.03	1.84	+0.19
Sortino ratio Return per unit of downside risk	2.71	2.59	+0.12
Omega ratio Gain probability vs. loss probability	1.37	1.32	+0.05
Calmar ratio Return relative to maximum drawdown	2.37	3.58	-1.21
Martin ratio Return relative to average drawdown	8.54	12.52	-3.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HDDVX vs. IGD - Sharpe Ratio Comparison

The current HDDVX Sharpe Ratio is 2.03, which is comparable to the IGD Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of HDDVX and IGD, 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

	HDDVX	IGD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.03	1.84	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.80	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.25	+0.47

Drawdowns

HDDVX vs. IGD - Drawdown Comparison

The maximum HDDVX drawdown since its inception was -28.60%, smaller than the maximum IGD drawdown of -59.29%. Use the drawdown chart below to compare losses from any high point for HDDVX and IGD.

Drawdown Indicators

	HDDVX	IGD	Difference
Max Drawdown Largest peak-to-trough decline	-28.60%	-59.29%	+30.69%
Max Drawdown (1Y) Largest decline over 1 year	-11.32%	-6.20%	-5.12%
Max Drawdown (3Y) Largest decline over 3 years	-13.01%	-11.01%	-2.00%
Max Drawdown (5Y) Largest decline over 5 years	-22.99%	-15.81%	-7.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.03%	—
Current Drawdown Current decline from peak	0.00%	-1.58%	+1.58%
Average Drawdown Average peak-to-trough decline	-4.48%	-9.89%	+5.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	1.77%	+1.37%

Volatility

HDDVX vs. IGD - Volatility Comparison

Janus Henderson International Dividend Fund Class D (HDDVX) has a higher volatility of 4.72% compared to Voya Global Equity Dividend and Premium Opportunity Fund (IGD) at 4.06%. This indicates that HDDVX's price experiences larger fluctuations and is considered to be riskier than IGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HDDVX	IGD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	4.06%	+0.66%
Volatility (6M) Calculated over the trailing 6-month period	10.97%	9.48%	+1.49%
Volatility (1Y) Calculated over the trailing 1-year period	13.44%	12.13%	+1.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.66%	14.55%	-0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.85%	16.64%	-2.79%

HDDVX vs. IGD - Expense Ratio Comparison

HDDVX has a 0.90% expense ratio, which is higher than IGD's 0.02% expense ratio.

Dividends

HDDVX vs. IGD - Dividend Comparison

HDDVX's dividend yield for the trailing twelve months is around 6.67%, less than IGD's 10.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HDDVX Janus Henderson International Dividend Fund Class D	6.67%	7.61%	6.50%	3.08%	4.12%	4.58%	3.22%	3.15%	4.12%	2.32%	0.00%	0.00%
IGD Voya Global Equity Dividend and Premium Opportunity Fund	10.48%	11.36%	11.44%	9.66%	8.87%	7.73%	9.20%	10.47%	12.49%	9.45%	13.23%	13.03%

Frequently Asked Questions

Can I hold both HDDVX and IGD in my portfolio?

HDDVX and IGD have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HDDVX or IGD?

HDDVX has higher volatility (4.72%) compared to IGD (4.06%). In terms of maximum drawdown, HDDVX dropped -28.60% vs IGD's -59.29%.

Which has better risk-adjusted returns?

HDDVX currently has the higher Sharpe Ratio (2.03 vs 1.84), 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.