IEDAX vs. IRCPX
IEDAX (Voya Large Cap Value Fund) and IRCPX (Voya Retirement Conservative Portfolio) are both mutual funds - IEDAX is a Large Cap Value Equities fund managed by Voya, while IRCPX is a Diversified Portfolio fund managed by Voya. Over the past 10 years, IEDAX returned 12.79%/yr vs 4.49%/yr for IRCPX. A 0.67 correlation means they provide meaningful diversification when combined. IEDAX charges 1.10%/yr vs 0.28%/yr for IRCPX.
Performance
IEDAX vs. IRCPX - Performance Comparison
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Returns By Period
In the year-to-date period, IEDAX achieves a 9.72% return, which is significantly higher than IRCPX's 2.81% return. Over the past 10 years, IEDAX has outperformed IRCPX with an annualized return of 12.79%, while IRCPX has yielded a comparatively lower 4.49% annualized return.
IEDAX
- 1D
- -1.33%
- 1M
- 3.28%
- YTD
- 9.72%
- 6M
- 8.40%
- 1Y
- 16.76%
- 3Y*
- 16.71%
- 5Y*
- 10.94%
- 10Y*
- 12.79%
IRCPX
- 1D
- -0.39%
- 1M
- 0.26%
- YTD
- 2.81%
- 6M
- 2.53%
- 1Y
- 8.31%
- 3Y*
- 7.58%
- 5Y*
- 2.79%
- 10Y*
- 4.49%
IEDAX vs. IRCPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IEDAX Voya Large Cap Value Fund | 9.72% | 12.42% | 16.47% | 13.26% | -3.86% | 26.38% | 5.53% | 35.63% | -8.29% | 13.36% |
IRCPX Voya Retirement Conservative Portfolio | 2.81% | 9.54% | 5.85% | 9.09% | -13.69% | 4.87% | 10.77% | 13.81% | -4.66% | 7.82% |
Correlation
The correlation between IEDAX and IRCPX is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2009 | 0.67 |
The correlation between IEDAX and IRCPX has been stable across timeframes, ranging from 0.57 to 0.67 - a consistent structural relationship.
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Return for Risk
IEDAX vs. IRCPX — Risk / Return Rank
IEDAX
IRCPX
IEDAX vs. IRCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Large Cap Value Fund (IEDAX) and Voya Retirement Conservative Portfolio (IRCPX). 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.
| IEDAX | IRCPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.40 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 2.72 | -0.79 |
| Martin ratioReturn relative to average drawdown | 7.51 | 11.80 | -4.29 |
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Drawdowns
IEDAX vs. IRCPX - Drawdown Comparison
The maximum IEDAX drawdown since its inception was -47.31%, which is greater than IRCPX's maximum drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for IEDAX and IRCPX.
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Drawdown Indicators
| IEDAX | IRCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.31% | -17.75% | -29.56% |
Max Drawdown (1Y)Largest decline over 1 year | -10.04% | -3.54% | -6.50% |
Max Drawdown (3Y)Largest decline over 3 years | -22.40% | -5.29% | -17.11% |
Max Drawdown (5Y)Largest decline over 5 years | -22.40% | -17.75% | -4.65% |
Max Drawdown (10Y)Largest decline over 10 years | -39.36% | -17.75% | -21.61% |
Current DrawdownCurrent decline from peak | -1.33% | -0.77% | -0.56% |
Average DrawdownAverage peak-to-trough decline | -6.47% | -2.40% | -4.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 0.79% | +1.70% |
Volatility
IEDAX vs. IRCPX - Volatility Comparison
Voya Large Cap Value Fund (IEDAX) has a higher volatility of 4.48% compared to Voya Retirement Conservative Portfolio (IRCPX) at 1.87%. This indicates that IEDAX's price experiences larger fluctuations and is considered to be riskier than IRCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IEDAX | IRCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.48% | 1.87% | +2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 9.52% | 3.82% | +5.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.14% | 4.67% | +7.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.26% | 6.12% | +11.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.82% | 5.83% | +12.99% |
IEDAX vs. IRCPX - Expense Ratio Comparison
IEDAX has a 1.10% expense ratio, which is higher than IRCPX's 0.28% expense ratio.
Dividends
IEDAX vs. IRCPX - Dividend Comparison
IEDAX's dividend yield for the trailing twelve months is around 7.28%, less than IRCPX's 16.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEDAX Voya Large Cap Value Fund | 7.28% | 8.03% | 15.43% | 10.92% | 8.06% | 16.02% | 9.13% | 17.61% | 11.75% | 11.03% | 1.89% | 8.59% |
IRCPX Voya Retirement Conservative Portfolio | 16.70% | 17.17% | 4.99% | 4.01% | 13.97% | 4.50% | 4.29% | 4.59% | 2.93% | 3.78% | 3.95% | 5.67% |
Frequently Asked Questions
IEDAX and IRCPX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IEDAX has higher volatility (4.48%) compared to IRCPX (1.87%). In terms of maximum drawdown, IEDAX dropped -47.31% vs IRCPX's -17.75%.
IRCPX currently has the higher Sharpe Ratio (2.07 vs 1.59), 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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