IEDAX vs. IUAIX

Last updated Apr 1, 2026

Compare and contrast key facts about Voya Large Cap Value Fund (IEDAX) and VY Invesco Equity and Income Portfolio (IUAIX).

IEDAX is managed by Voya. It was launched on Dec 18, 2007. IUAIX is managed by Voya. It was launched on Dec 9, 2001.

Performance

IEDAX vs. IUAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Large Cap Value Fund (IEDAX) and VY Invesco Equity and Income Portfolio (IUAIX). The values are adjusted to include any dividend payments, if applicable.

IEDAX vs. IUAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IEDAX Voya Large Cap Value Fund	-5.90%	12.42%	16.47%	13.26%	-3.86%	26.38%	5.53%	35.63%	-8.29%	13.36%
IUAIX VY Invesco Equity and Income Portfolio	-1.16%	10.78%	11.87%	10.24%	-7.48%	18.85%	9.99%	20.06%	-9.44%	10.92%

Returns By Period

In the year-to-date period, IEDAX achieves a -5.90% return, which is significantly lower than IUAIX's -1.16% return. Over the past 10 years, IEDAX has outperformed IUAIX with an annualized return of 11.18%, while IUAIX has yielded a comparatively lower 8.61% annualized return.

IEDAX

• 1D: -0.28%
• 1M: -8.14%
• YTD: -5.90%
• 6M: -2.15%
• 1Y: 2.54%
• 3Y*: 10.82%
• 5Y*: 8.70%
• 10Y*: 11.18%

IUAIX

• 1D: -0.33%
• 1M: -5.32%
• YTD: -1.16%
• 6M: 0.67%
• 1Y: 9.42%
• 3Y*: 10.38%
• 5Y*: 6.40%
• 10Y*: 8.61%

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

IEDAX vs. IUAIX - Expense Ratio Comparison

IEDAX has a 1.10% expense ratio, which is higher than IUAIX's 0.64% expense ratio.

IEDAX

Voya Large Cap Value Fund

IUAIX

VY Invesco Equity and Income Portfolio

Return for Risk

IEDAX vs. IUAIX — Risk / Return Rank

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

IEDAX

IEDAX Risk / Return Rank: 8
IEDAX Sharpe Ratio Rank: 9
IEDAX Sortino Ratio Rank: 8
IEDAX Omega Ratio Rank: 8
IEDAX Calmar Ratio Rank: 7
IEDAX Martin Ratio Rank: 7

IUAIX

IUAIX Risk / Return Rank: 29
IUAIX Sharpe Ratio Rank: 37
IUAIX Sortino Ratio Rank: 37
IUAIX Omega Ratio Rank: 38
IUAIX Calmar Ratio Rank: 15
IUAIX Martin Ratio Rank: 16

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.

IEDAX vs. IUAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Large Cap Value Fund (IEDAX) and VY Invesco Equity and Income Portfolio (IUAIX). 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.

	IEDAX	IUAIX	Difference
Sharpe ratio Return per unit of total volatility	0.17	0.82	-0.64
Sortino ratio Return per unit of downside risk	0.35	1.23	-0.87
Omega ratio Gain probability vs. loss probability	1.05	1.18	-0.13
Calmar ratio Return relative to maximum drawdown	0.02	0.42	-0.40
Martin ratio Return relative to average drawdown	0.10	1.54	-1.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IEDAX vs. IUAIX - Sharpe Ratio Comparison

The current IEDAX Sharpe Ratio is 0.17, which is lower than the IUAIX Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of IEDAX and IUAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IEDAX	IUAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.17	0.82	-0.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.57	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.68	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.48	-0.04

Correlation

The correlation between IEDAX and IUAIX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IEDAX vs. IUAIX - Dividend Comparison

IEDAX's dividend yield for the trailing twelve months is around 8.53%, less than IUAIX's 38.01% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEDAX Voya Large Cap Value Fund	8.53%	8.03%	15.43%	10.92%	8.06%	16.02%	9.13%	17.61%	11.75%	11.03%	1.89%	8.59%
IUAIX VY Invesco Equity and Income Portfolio	38.01%	37.57%	10.65%	7.88%	18.93%	2.55%	5.81%	7.37%	9.59%	4.57%	6.14%	11.24%

Drawdowns

IEDAX vs. IUAIX - Drawdown Comparison

The maximum IEDAX drawdown since its inception was -47.31%, which is greater than IUAIX's maximum drawdown of -39.25%. Use the drawdown chart below to compare losses from any high point for IEDAX and IUAIX.

Drawdown Indicators

	IEDAX	IUAIX	Difference
Max Drawdown Largest peak-to-trough decline	-47.31%	-39.25%	-8.06%
Max Drawdown (1Y) Largest decline over 1 year	-12.05%	-8.76%	-3.29%
Max Drawdown (5Y) Largest decline over 5 years	-22.40%	-16.56%	-5.84%
Max Drawdown (10Y) Largest decline over 10 years	-39.36%	-29.60%	-9.76%
Current Drawdown Current decline from peak	-10.04%	-5.53%	-4.51%
Average Drawdown Average peak-to-trough decline	-6.54%	-5.63%	-0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.58%	3.35%	+0.23%

Volatility

IEDAX vs. IUAIX - Volatility Comparison

Voya Large Cap Value Fund (IEDAX) has a higher volatility of 3.89% compared to VY Invesco Equity and Income Portfolio (IUAIX) at 2.91%. This indicates that IEDAX's price experiences larger fluctuations and is considered to be riskier than IUAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEDAX	IUAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.89%	2.91%	+0.98%
Volatility (6M) Calculated over the trailing 6-month period	8.41%	6.29%	+2.12%
Volatility (1Y) Calculated over the trailing 1-year period	15.52%	12.78%	+2.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.18%	11.47%	+5.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.79%	12.83%	+5.96%