IAXIX vs. VLEQX

Last updated Jul 15, 2026

IAXIX (VY T. Rowe Price Diversified Mid Cap Growth Portfolio) and VLEQX (Villere Equity Fund) are both Mid Cap Growth Equities funds. Their correlation of 0.81 suggests significant overlap in exposure. IAXIX charges 0.78%/yr vs 1.22%/yr for VLEQX.

Performance

IAXIX vs. VLEQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VY T. Rowe Price Diversified Mid Cap Growth Portfolio (IAXIX) and Villere Equity Fund (VLEQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IAXIX

• 1D: -1.38%
• 1M: -0.00%
• 6M: 0.35%
• YTD: 4.09%
• 1Y: 3.56%
• 3Y*: 13.50%
• 5Y*: 6.40%
• 10Y*: 12.67%

VLEQX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IAXIX vs. VLEQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IAXIX VY T. Rowe Price Diversified Mid Cap Growth Portfolio	4.09%	10.02%	23.56%	20.96%	-24.03%	13.90%	31.84%	37.03%	-3.25%	24.82%
VLEQX Villere Equity Fund	3.58%	0.26%	1.50%	11.37%	-24.50%	5.80%	14.77%	24.50%	-6.98%	7.34%

Correlation

The correlation between IAXIX and VLEQX is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (10Y) Calculated over the trailing 10-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.81

Over the past year, the correlation between IAXIX and VLEQX has dropped to 0.58 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.

Return for Risk

IAXIX vs. VLEQX — Risk / Return Rank

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

IAXIX

IAXIX Risk / Return Rank: 5
IAXIX Sharpe Ratio Rank: 5
IAXIX Sortino Ratio Rank: 5
IAXIX Omega Ratio Rank: 5
IAXIX Calmar Ratio Rank: 6
IAXIX Martin Ratio Rank: 6

VLEQX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

IAXIX vs. VLEQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VY T. Rowe Price Diversified Mid Cap Growth Portfolio (IAXIX) and Villere Equity Fund (VLEQX). 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.

	IAXIX	VLEQX	Difference
Sharpe ratio: Return per unit of total volatility	0.23	—	—
Sortino ratio: Return per unit of downside risk	0.46	—	—
Omega ratio: Gain probability vs. loss probability	1.05	—	—
Calmar ratio: Return relative to maximum drawdown	0.29	—	—
Martin ratio: Return relative to average drawdown	0.89	—	—

Drawdowns

Drawdown Indicators

	IAXIX	VLEQX	Difference
Max Drawdown Largest peak-to-trough decline	-57.55%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.20%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.92%	—	—
Current Drawdown Current decline from peak	-4.19%	—	—
Average Drawdown Average peak-to-trough decline	-9.23%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.46%	—	—

Volatility

Volatility by Period

	IAXIX	VLEQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.21%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.69%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.59%	—	—

IAXIX vs. VLEQX - Expense Ratio Comparison

IAXIX has a 0.78% expense ratio, which is lower than VLEQX's 1.22% expense ratio.

Dividends

IAXIX vs. VLEQX - Dividend Comparison

IAXIX's dividend yield for the trailing twelve months is around 14.24%, more than VLEQX's 13.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IAXIX VY T. Rowe Price Diversified Mid Cap Growth Portfolio	14.24%	14.82%	10.16%	0.13%	33.01%	16.53%	7.02%	10.49%	11.65%	7.56%	13.36%	17.67%
VLEQX Villere Equity Fund	13.57%	0.54%	0.40%	4.64%	2.88%	8.24%	0.73%	0.17%	0.34%	0.00%	0.11%	1.76%

Frequently Asked Questions

Can I hold both IAXIX and VLEQX in my portfolio?

IAXIX and VLEQX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.