IAE vs. USG
IAE (Voya Asia Pacific High Dividend Equity Income Fund) and USG (USCF Gold Strategy Plus Income Fund) are both mutual funds - IAE is a Derivative Income fund managed by Voya, while USG is a Gold fund actively managed by USCF. Over the past 3 years, IAE returned 23.78%/yr vs 23.22%/yr for USG. Their 0.19 correlation means their historical movements had little consistent relationship. IAE charges 0.02%/yr vs 0.45%/yr for USG.
Performance
IAE vs. USG - Performance Comparison
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Returns By Period
In the year-to-date period, IAE achieves a 23.01% return, which is significantly higher than USG's -6.39% return.
IAE
- 1D
- 1.67%
- 1M
- -2.18%
- 6M
- 9.61%
- YTD
- 23.01%
- 1Y
- 34.42%
- 3Y*
- 23.78%
- 5Y*
- 11.29%
- 10Y*
- 10.31%
- ALL TIME*
- 5.11%
USG
- 1D
- -1.62%
- 1M
- -1.67%
- 6M
- -14.31%
- YTD
- -6.39%
- 1Y
- 15.26%
- 3Y*
- 23.22%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.97%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $259.55K | $601.12K | $651.76K | |
| $532.47K | $283.71K | $178.98K |
IAE vs. USG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IAE Voya Asia Pacific High Dividend Equity Income Fund | 23.01% | 34.63% | 13.44% | 9.06% | -13.97% | -2.73% |
USG USCF Gold Strategy Plus Income Fund | -6.39% | 52.02% | 23.70% | 8.49% | 2.12% | 3.50% |
Correlation
The correlation between IAE and USG is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2021 | 0.19 |
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Return for Risk
IAE vs. USG — Risk / Return Rank
IAE
USG
IAE vs. USG - 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 USCF Gold Strategy Plus Income Fund (USG). 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.
| IAE | USG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.16 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 0.72 | +1.76 |
| Martin ratioReturn relative to average drawdown | 7.03 | 1.61 | +5.43 |
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Drawdowns
IAE vs. USG - Drawdown Comparison
The maximum IAE drawdown since its inception was -60.72%, which is greater than USG's maximum drawdown of -24.86%. Use the drawdown chart below to compare losses from any high point for IAE and USG.
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Drawdown Indicators
| IAE | USG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.72% | -24.86% | -35.86% |
Max Drawdown (1Y)Largest decline over 1 year | -12.86% | -24.86% | +12.00% |
Max Drawdown (3Y)Largest decline over 3 years | -16.19% | -24.86% | +8.67% |
Max Drawdown (5Y)Largest decline over 5 years | -29.02% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.44% | — | — |
Current DrawdownCurrent decline from peak | -7.22% | -23.51% | +16.29% |
Average DrawdownAverage peak-to-trough decline | -13.67% | -4.94% | -8.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.52% | 11.10% | -6.58% |
Volatility
IAE vs. USG - Volatility Comparison
The current volatility for Voya Asia Pacific High Dividend Equity Income Fund (IAE) is 5.07%, while USCF Gold Strategy Plus Income Fund (USG) has a volatility of 6.20%. This indicates that IAE experiences smaller price fluctuations and is considered to be less risky than USG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAE | USG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.07% | 6.20% | -1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 18.40% | 21.85% | -3.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.49% | 24.85% | -2.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.26% | 16.24% | +2.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.54% | 16.24% | +3.30% |
IAE vs. USG - Expense Ratio Comparison
IAE has a 0.02% expense ratio, which is lower than USG's 0.45% expense ratio.
Dividends
IAE vs. USG - Dividend Comparison
IAE's dividend yield for the trailing twelve months is around 9.13%, less than USG's 29.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAE Voya Asia Pacific High Dividend Equity Income Fund | 8.37% | 10.71% | 12.29% | 10.65% | 14.03% | 10.60% | 9.97% | 9.88% | 9.61% | 7.82% | 11.14% | 12.74% |
USG USCF Gold Strategy Plus Income Fund | 29.77% | 27.33% | 7.48% | 8.16% | 2.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IAE and USG have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USG has higher volatility (6.20%) compared to IAE (5.07%). In terms of maximum drawdown, IAE dropped -60.72% vs USG's -24.86%.
IAE currently has the higher Sharpe Ratio (1.42 vs 0.72), 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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