IALAX vs. TMLPX
IALAX (Transamerica Capital Growth Fund) and TMLPX (Transamerica Energy Infrastructure) are both mutual funds - IALAX is a Large Cap Growth Equities fund managed by Transamerica, while TMLPX is a Energy Equities fund managed by Transamerica. Over the past 10 years, IALAX returned 14.29%/yr vs 9.31%/yr for TMLPX. At a 0.35 correlation, their price movements are largely independent. IALAX charges 1.01%/yr vs 1.26%/yr for TMLPX.
Performance
IALAX vs. TMLPX - Performance Comparison
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Returns By Period
In the year-to-date period, IALAX achieves a -3.04% return, which is significantly lower than TMLPX's 25.85% return. Over the past 10 years, IALAX has outperformed TMLPX with an annualized return of 14.29%, while TMLPX has yielded a comparatively lower 9.31% annualized return.
IALAX
- 1D
- -0.42%
- 1M
- 0.05%
- 6M
- -3.43%
- YTD
- -3.04%
- 1Y
- -1.93%
- 3Y*
- 21.38%
- 5Y*
- -1.60%
- 10Y*
- 14.29%
TMLPX
- 1D
- -1.19%
- 1M
- 4.66%
- 6M
- 23.87%
- YTD
- 25.85%
- 1Y
- 29.61%
- 3Y*
- 23.49%
- 5Y*
- 17.02%
- 10Y*
- 9.31%
IALAX vs. TMLPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IALAX Transamerica Capital Growth Fund | -3.04% | 20.54% | 43.92% | 47.30% | -60.39% | 0.10% | 111.63% | 21.63% | 6.59% | 43.81% |
TMLPX Transamerica Energy Infrastructure | 25.85% | 3.87% | 38.51% | 5.07% | 9.12% | 23.54% | -11.25% | 15.66% | -15.29% | -0.19% |
Correlation
The correlation between IALAX and TMLPX is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.35 |
The correlation between IALAX and TMLPX shifts across timeframes, from -0.11 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IALAX vs. TMLPX — Risk / Return Rank
IALAX
TMLPX
IALAX vs. TMLPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Capital Growth Fund (IALAX) and Transamerica Energy Infrastructure (TMLPX). 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.
| IALAX | TMLPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.05 | ||
| Sortino ratioReturn per unit of downside risk | -2.68 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.35 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 4.11 | -4.12 |
| Martin ratioReturn relative to average drawdown | -0.02 | 10.50 | -10.52 |
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Drawdowns
IALAX vs. TMLPX - Drawdown Comparison
The maximum IALAX drawdown since its inception was -69.30%, roughly equal to the maximum TMLPX drawdown of -67.18%. Use the drawdown chart below to compare losses from any high point for IALAX and TMLPX.
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Drawdown Indicators
| IALAX | TMLPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.30% | -67.18% | -2.12% |
Max Drawdown (1Y)Largest decline over 1 year | -29.07% | -7.12% | -21.95% |
Max Drawdown (3Y)Largest decline over 3 years | -32.33% | -16.60% | -15.73% |
Max Drawdown (5Y)Largest decline over 5 years | -69.30% | -16.60% | -52.70% |
Max Drawdown (10Y)Largest decline over 10 years | -69.30% | -55.61% | -13.69% |
Current DrawdownCurrent decline from peak | -20.78% | -1.85% | -18.93% |
Average DrawdownAverage peak-to-trough decline | -14.87% | -22.41% | +7.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.77% | 2.78% | +11.99% |
Volatility
IALAX vs. TMLPX - Volatility Comparison
Transamerica Capital Growth Fund (IALAX) has a higher volatility of 9.02% compared to Transamerica Energy Infrastructure (TMLPX) at 5.42%. This indicates that IALAX's price experiences larger fluctuations and is considered to be riskier than TMLPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IALAX | TMLPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.02% | 5.42% | +3.60% |
Volatility (6M)Calculated over the trailing 6-month period | 23.89% | 11.37% | +12.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.05% | 14.38% | +15.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.93% | 17.28% | +24.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.85% | 21.78% | +13.07% |
IALAX vs. TMLPX - Expense Ratio Comparison
IALAX has a 1.01% expense ratio, which is lower than TMLPX's 1.26% expense ratio.
Dividends
IALAX vs. TMLPX - Dividend Comparison
IALAX has not paid dividends to shareholders, while TMLPX's dividend yield for the trailing twelve months is around 3.79%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IALAX Transamerica Capital Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 20.49% | 5.37% | 10.49% | 4.92% | 23.22% | 22.63% | 3.34% |
TMLPX Transamerica Energy Infrastructure | 3.79% | 4.33% | 3.71% | 7.34% | 4.83% | 4.33% | 6.09% | 5.65% | 6.10% | 5.51% | 3.95% | 5.58% |
Frequently Asked Questions
IALAX and TMLPX have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IALAX has higher volatility (9.02%) compared to TMLPX (5.42%). In terms of maximum drawdown, IALAX dropped -69.30% vs TMLPX's -67.18%.
TMLPX currently has the higher Sharpe Ratio (2.04 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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