IDE vs. IIBAX
IDE (Voya Infrastructure, Industrials and Materials Fund) and IIBAX (Voya Intermediate Bond Fund) are both mutual funds - IDE is a Industrials Equities fund managed by Voya, while IIBAX is a Intermediate Core-Plus Bond fund managed by Voya. Over the past 10 years, IDE returned 11.95%/yr vs 1.76%/yr for IIBAX. At a correlation of -0.03, they often move in opposite directions. IDE charges 0.01%/yr vs 0.69%/yr for IIBAX.
Performance
IDE vs. IIBAX - Performance Comparison
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Returns By Period
In the year-to-date period, IDE achieves a 16.25% return, which is significantly higher than IIBAX's 0.18% return. Over the past 10 years, IDE has outperformed IIBAX with an annualized return of 11.95%, while IIBAX has yielded a comparatively lower 1.76% annualized return.
IDE
- 1D
- -0.14%
- 1M
- 0.86%
- YTD
- 16.25%
- 6M
- 17.20%
- 1Y
- 32.70%
- 3Y*
- 25.25%
- 5Y*
- 12.02%
- 10Y*
- 11.95%
IIBAX
- 1D
- -0.23%
- 1M
- 0.71%
- YTD
- 0.18%
- 6M
- 0.55%
- 1Y
- 3.51%
- 3Y*
- 4.41%
- 5Y*
- -0.06%
- 10Y*
- 1.76%
IDE vs. IIBAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDE Voya Infrastructure, Industrials and Materials Fund | 16.25% | 34.61% | 10.91% | 22.04% | -16.54% | 26.27% | -1.06% | 13.49% | -24.48% | 39.58% |
IIBAX Voya Intermediate Bond Fund | 0.18% | 6.42% | 2.65% | 7.04% | -15.11% | -1.79% | 7.75% | 9.57% | -0.59% | 4.48% |
Correlation
The correlation between IDE and IIBAX 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 | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2010 | -0.03 |
The correlation between IDE and IIBAX shifts across timeframes, from -0.03 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IDE vs. IIBAX — Risk / Return Rank
IDE
IIBAX
IDE vs. IIBAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Infrastructure, Industrials and Materials Fund (IDE) and Voya Intermediate Bond Fund (IIBAX). 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.
| IDE | IIBAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.36 | ||
| Sortino ratioReturn per unit of downside risk | +1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.17 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | 1.31 | +0.98 |
| Martin ratioReturn relative to average drawdown | 8.17 | 3.67 | +4.49 |
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Drawdowns
IDE vs. IIBAX - Drawdown Comparison
The maximum IDE drawdown since its inception was -52.43%, which is greater than IIBAX's maximum drawdown of -20.34%. Use the drawdown chart below to compare losses from any high point for IDE and IIBAX.
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Drawdown Indicators
| IDE | IIBAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.43% | -20.34% | -32.09% |
Max Drawdown (1Y)Largest decline over 1 year | -14.34% | -3.10% | -11.24% |
Max Drawdown (3Y)Largest decline over 3 years | -18.30% | -6.12% | -12.18% |
Max Drawdown (5Y)Largest decline over 5 years | -29.36% | -20.01% | -9.35% |
Max Drawdown (10Y)Largest decline over 10 years | -52.43% | -20.34% | -32.09% |
Current DrawdownCurrent decline from peak | -1.57% | -2.33% | +0.76% |
Average DrawdownAverage peak-to-trough decline | -11.27% | -2.88% | -8.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.01% | 1.07% | +2.94% |
Volatility
IDE vs. IIBAX - Volatility Comparison
Voya Infrastructure, Industrials and Materials Fund (IDE) has a higher volatility of 4.00% compared to Voya Intermediate Bond Fund (IIBAX) at 1.22%. This indicates that IDE's price experiences larger fluctuations and is considered to be riskier than IIBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDE | IIBAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.00% | 1.22% | +2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 12.01% | 3.21% | +8.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.29% | 4.33% | +9.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.25% | 6.00% | +11.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.87% | 5.04% | +15.83% |
IDE vs. IIBAX - Expense Ratio Comparison
IDE has a 0.01% expense ratio, which is lower than IIBAX's 0.69% expense ratio.
Dividends
IDE vs. IIBAX - Dividend Comparison
IDE's dividend yield for the trailing twelve months is around 8.71%, more than IIBAX's 3.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDE Voya Infrastructure, Industrials and Materials Fund | 8.71% | 9.76% | 11.12% | 9.00% | 9.99% | 7.58% | 8.89% | 9.02% | 16.46% | 6.88% | 10.67% | 12.56% |
IIBAX Voya Intermediate Bond Fund | 3.59% | 3.43% | 4.50% | 4.05% | 1.98% | 2.03% | 4.69% | 3.23% | 2.93% | 2.88% | 2.96% | 2.45% |
Frequently Asked Questions
IDE and IIBAX 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.
IDE has higher volatility (4.00%) compared to IIBAX (1.22%). In terms of maximum drawdown, IDE dropped -52.43% vs IIBAX's -20.34%.
IDE currently has the higher Sharpe Ratio (2.30 vs 0.94), 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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