IAE vs. IFTIX

Last updated Jun 4, 2026

IAE (Voya Asia Pacific High Dividend Equity Income Fund) and IFTIX (Voya International High Dividend Low Volatility Portfolio) are both mutual funds - IAE is a Asia Pacific Equities fund managed by Voya, while IFTIX is a Foreign Large Cap Equities fund managed by Voya. Over the past 10 years, IAE returned 11.82%/yr vs 8.67%/yr for IFTIX. A 0.58 correlation means they provide meaningful diversification when combined. IAE charges 0.02%/yr vs 0.72%/yr for IFTIX.

Performance

IAE vs. IFTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Asia Pacific High Dividend Equity Income Fund (IAE) and Voya International High Dividend Low Volatility Portfolio (IFTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IAE achieves a 30.87% return, which is significantly higher than IFTIX's 6.84% return. Over the past 10 years, IAE has outperformed IFTIX with an annualized return of 11.82%, while IFTIX has yielded a comparatively lower 8.67% annualized return.

IAE

• 1D: 3.16%
• 1M: 14.39%
• YTD: 30.87%
• 6M: 31.14%
• 1Y: 52.74%
• 3Y*: 29.70%
• 5Y*: 11.69%
• 10Y*: 11.82%

IFTIX

• 1D: -0.19%
• 1M: 0.59%
• YTD: 6.84%
• 6M: 9.75%
• 1Y: 18.28%
• 3Y*: 19.53%
• 5Y*: 10.71%
• 10Y*: 8.67%

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

IAE vs. IFTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IAE Voya Asia Pacific High Dividend Equity Income Fund	30.87%	35.90%	14.60%	9.06%	-13.97%	3.60%	13.77%	9.62%	-11.31%	30.19%
IFTIX Voya International High Dividend Low Volatility Portfolio	6.84%	37.73%	7.31%	14.73%	-8.89%	12.10%	-0.52%	16.67%	-14.95%	22.34%

Correlation

The correlation between IAE and IFTIX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Mar 29, 2007	0.58

Over the past year, the correlation between IAE and IFTIX has dropped to 0.29 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.

Return for Risk

IAE vs. IFTIX — Risk / Return Rank

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

IAE

IAE Risk / Return Rank: 75
IAE Sharpe Ratio Rank: 79
IAE Sortino Ratio Rank: 68
IAE Omega Ratio Rank: 73
IAE Calmar Ratio Rank: 86
IAE Martin Ratio Rank: 70

IFTIX

IFTIX Risk / Return Rank: 33
IFTIX Sharpe Ratio Rank: 31
IFTIX Sortino Ratio Rank: 30
IFTIX Omega Ratio Rank: 31
IFTIX Calmar Ratio Rank: 37
IFTIX Martin Ratio Rank: 35

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.

IAE vs. IFTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Asia Pacific High Dividend Equity Income Fund (IAE) and Voya International High Dividend Low Volatility Portfolio (IFTIX). 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.

	IAE	IFTIX	Difference
Sharpe ratio Return per unit of total volatility	2.61	1.60	+1.01
Sortino ratio Return per unit of downside risk	3.44	2.27	+1.17
Omega ratio Gain probability vs. loss probability	1.48	1.29	+0.19
Calmar ratio Return relative to maximum drawdown	4.12	2.30	+1.82
Martin ratio Return relative to average drawdown	13.41	7.71	+5.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IAE vs. IFTIX - Sharpe Ratio Comparison

The current IAE Sharpe Ratio is 2.61, which is higher than the IFTIX Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of IAE and IFTIX, 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

	IAE	IFTIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.61	1.60	+1.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.82	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.59	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.31	-0.08

Drawdowns

IAE vs. IFTIX - Drawdown Comparison

The maximum IAE drawdown since its inception was -60.72%, roughly equal to the maximum IFTIX drawdown of -57.91%. Use the drawdown chart below to compare losses from any high point for IAE and IFTIX.

Drawdown Indicators

	IAE	IFTIX	Difference
Max Drawdown Largest peak-to-trough decline	-60.72%	-57.91%	-2.81%
Max Drawdown (1Y) Largest decline over 1 year	-12.86%	-8.44%	-4.42%
Max Drawdown (3Y) Largest decline over 3 years	-16.19%	-10.20%	-5.99%
Max Drawdown (5Y) Largest decline over 5 years	-32.87%	-25.56%	-7.31%
Max Drawdown (10Y) Largest decline over 10 years	-42.44%	-37.08%	-5.36%
Current Drawdown Current decline from peak	0.00%	-2.94%	+2.94%
Average Drawdown Average peak-to-trough decline	-13.75%	-11.55%	-2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.94%	2.40%	+1.54%

Volatility

IAE vs. IFTIX - Volatility Comparison

Voya Asia Pacific High Dividend Equity Income Fund (IAE) has a higher volatility of 6.57% compared to Voya International High Dividend Low Volatility Portfolio (IFTIX) at 3.77%. This indicates that IAE's price experiences larger fluctuations and is considered to be riskier than IFTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IAE	IFTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.57%	3.77%	+2.80%
Volatility (6M) Calculated over the trailing 6-month period	16.11%	9.37%	+6.74%
Volatility (1Y) Calculated over the trailing 1-year period	20.33%	12.22%	+8.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.80%	13.48%	+4.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.41%	14.92%	+4.49%

IAE vs. IFTIX - Expense Ratio Comparison

IAE has a 0.02% expense ratio, which is lower than IFTIX's 0.72% expense ratio.

Dividends

IAE vs. IFTIX - Dividend Comparison

IAE's dividend yield for the trailing twelve months is around 9.23%, less than IFTIX's 43.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IAE Voya Asia Pacific High Dividend Equity Income Fund	9.23%	11.61%	13.37%	10.65%	14.03%	10.60%	9.97%	9.88%	9.61%	7.82%	11.14%	12.74%
IFTIX Voya International High Dividend Low Volatility Portfolio	43.33%	5.45%	4.88%	4.42%	4.87%	2.41%	17.71%	10.80%	2.45%	1.89%	3.45%	4.29%

Frequently Asked Questions

Can I hold both IAE and IFTIX in my portfolio?

IAE and IFTIX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IAE or IFTIX?

IAE has higher volatility (6.57%) compared to IFTIX (3.77%). In terms of maximum drawdown, IAE dropped -60.72% vs IFTIX's -57.91%.

Which has better risk-adjusted returns?

IAE currently has the higher Sharpe Ratio (2.61 vs 1.60), 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.