ICLAX vs. IALAX
ICLAX (Transamerica Asset Allocation Conservative Portfolio) and IALAX (Transamerica Capital Growth Fund) are both mutual funds - ICLAX is a Diversified Portfolio fund managed by Transamerica, while IALAX is a Large Cap Growth Equities fund managed by Transamerica. Over the past 10 years, ICLAX returned 5.13%/yr vs 13.39%/yr for IALAX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. ICLAX charges 0.47%/yr vs 1.01%/yr for IALAX.
Performance
ICLAX vs. IALAX - Performance Comparison
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Returns By Period
In the year-to-date period, ICLAX achieves a 2.80% return, which is significantly higher than IALAX's -7.53% return. Over the past 10 years, ICLAX has underperformed IALAX with an annualized return of 5.13%, while IALAX has yielded a comparatively higher 13.39% annualized return.
ICLAX
- 1D
- 0.86%
- 1M
- -0.60%
- 6M
- 1.47%
- YTD
- 2.80%
- 1Y
- 8.16%
- 3Y*
- 8.61%
- 5Y*
- 3.03%
- 10Y*
- 5.13%
- ALL TIME*
- 5.23%
IALAX
- 1D
- 2.10%
- 1M
- -6.68%
- 6M
- 1.24%
- YTD
- -7.53%
- 1Y
- -4.59%
- 3Y*
- 18.19%
- 5Y*
- -3.40%
- 10Y*
- 13.39%
- ALL TIME*
- 10.18%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
ICLAX vs. IALAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICLAX Transamerica Asset Allocation Conservative Portfolio | 2.80% | 12.18% | 7.30% | 10.23% | -15.19% | 5.43% | 13.16% | 12.33% | -4.36% | 11.12% |
IALAX Transamerica Capital Growth Fund | -7.53% | 20.54% | 43.92% | 47.30% | -60.39% | 0.10% | 111.63% | 21.63% | 6.59% | 43.81% |
Correlation
The correlation between ICLAX and IALAX is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.67 |
Correlation (3Y) Balances recent behavior with more history. | 0.67 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.66 |
Correlation (All Time) Calculated using the full available price history since Mar 5, 2002 | 0.73 |
The correlation between ICLAX and IALAX has been stable across timeframes, ranging from 0.66 to 0.73 - a consistent structural relationship.
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Return for Risk
ICLAX vs. IALAX — Risk / Return Rank
ICLAX
IALAX
ICLAX vs. IALAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Asset Allocation Conservative Portfolio (ICLAX) and Transamerica Capital Growth Fund (IALAX). 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.
| ICLAX | IALAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.43 | ||
| Sortino ratioReturn per unit of downside risk | +1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 0.99 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | -0.23 | +1.65 |
| Martin ratioReturn relative to average drawdown | 6.15 | -0.44 | +6.59 |
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Drawdowns
ICLAX vs. IALAX - Drawdown Comparison
The maximum ICLAX drawdown since its inception was -30.99%, smaller than the maximum IALAX drawdown of -69.30%. Use the drawdown chart below to compare losses from any high point for ICLAX and IALAX.
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Drawdown Indicators
| ICLAX | IALAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.99% | -69.30% | +38.31% |
Max Drawdown (1Y)Largest decline over 1 year | -5.63% | -29.07% | +23.44% |
Max Drawdown (3Y)Largest decline over 3 years | -6.69% | -32.33% | +25.64% |
Max Drawdown (5Y)Largest decline over 5 years | -20.78% | -69.30% | +48.52% |
Max Drawdown (10Y)Largest decline over 10 years | -20.78% | -69.30% | +48.52% |
Current DrawdownCurrent decline from peak | -1.02% | -24.45% | +23.43% |
Average DrawdownAverage peak-to-trough decline | -3.77% | -14.88% | +11.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 15.30% | -14.00% |
Volatility
ICLAX vs. IALAX - Volatility Comparison
The current volatility for Transamerica Asset Allocation Conservative Portfolio (ICLAX) is 1.87%, while Transamerica Capital Growth Fund (IALAX) has a volatility of 7.71%. This indicates that ICLAX experiences smaller price fluctuations and is considered to be less risky than IALAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ICLAX | IALAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.87% | 7.71% | -5.84% |
Volatility (6M)Calculated over the trailing 6-month period | 5.48% | 24.19% | -18.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.61% | 30.52% | -23.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.44% | 41.96% | -34.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.23% | 34.89% | -27.66% |
ICLAX vs. IALAX - Expense Ratio Comparison
ICLAX has a 0.47% expense ratio, which is lower than IALAX's 1.01% expense ratio.
Dividends
ICLAX vs. IALAX - Dividend Comparison
ICLAX's dividend yield for the trailing twelve months is around 2.92%, while IALAX has not paid dividends to shareholders.
| 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% |
ICLAX Transamerica Asset Allocation Conservative Portfolio | 2.92% | 3.27% | 2.80% | 2.50% | 1.79% | 7.84% | 4.16% | 4.06% | 7.97% | 7.69% | 4.61% | 5.90% |
Frequently Asked Questions
ICLAX and IALAX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IALAX has higher volatility (7.71%) compared to ICLAX (1.87%). In terms of maximum drawdown, ICLAX dropped -30.99% vs IALAX's -69.30%.
ICLAX currently has the higher Sharpe Ratio (1.21 vs -0.22), 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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