IGBIX vs. DFGBX
IGBIX (Voya Global Bond Fund) and DFGBX (DFA Five Year Global Fixed Income Portfolio) are both Global Bonds funds. Over the past 10 years, IGBIX returned 0.44%/yr vs 1.24%/yr for DFGBX. Their 0.42 correlation means their historical movements had little consistent relationship. IGBIX charges 0.65%/yr vs 0.23%/yr for DFGBX.
Performance
IGBIX vs. DFGBX - Performance Comparison
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Returns By Period
In the year-to-date period, IGBIX achieves a -1.89% return, which is significantly lower than DFGBX's 1.50% return. Over the past 10 years, IGBIX has underperformed DFGBX with an annualized return of 0.44%, while DFGBX has yielded a comparatively higher 1.24% annualized return.
IGBIX
- 1D
- 0.14%
- 1M
- -0.85%
- 6M
- -2.13%
- YTD
- -1.89%
- 1Y
- -1.69%
- 3Y*
- 2.73%
- 5Y*
- -2.63%
- 10Y*
- 0.44%
- ALL TIME*
- 2.88%
DFGBX
- 1D
- 0.10%
- 1M
- -0.30%
- 6M
- 1.00%
- YTD
- 1.50%
- 1Y
- 3.14%
- 3Y*
- 4.07%
- 5Y*
- 1.15%
- 10Y*
- 1.24%
- ALL TIME*
- 15.58%
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 |
IGBIX vs. DFGBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGBIX Voya Global Bond Fund | -1.89% | 7.51% | -1.07% | 6.05% | -18.48% | -5.58% | 10.12% | 7.59% | -1.89% | 9.66% |
DFGBX DFA Five Year Global Fixed Income Portfolio | 1.50% | 3.13% | 5.37% | 5.00% | -6.63% | -1.03% | 1.52% | 4.04% | 1.68% | 0.88% |
Correlation
The correlation between IGBIX and DFGBX is 0.63, 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. | 0.63 |
Correlation (3Y) Balances recent behavior with more history. | 0.30 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.46 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2006 | 0.42 |
Over the past year, IGBIX and DFGBX have become more correlated (0.63) than their long-term average of 0.42, meaning their price movements have been converging.
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Return for Risk
IGBIX vs. DFGBX — Risk / Return Rank
IGBIX
DFGBX
IGBIX vs. DFGBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Global Bond Fund (IGBIX) and DFA Five Year Global Fixed Income Portfolio (DFGBX). 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.
| IGBIX | DFGBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.10 | ||
| Sortino ratioReturn per unit of downside risk | -3.16 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.50 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 2.30 | -2.37 |
| Martin ratioReturn relative to average drawdown | -0.15 | 7.87 | -8.02 |
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Drawdowns
IGBIX vs. DFGBX - Drawdown Comparison
The maximum IGBIX drawdown since its inception was -28.58%, which is greater than DFGBX's maximum drawdown of -9.63%. Use the drawdown chart below to compare losses from any high point for IGBIX and DFGBX.
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Drawdown Indicators
| IGBIX | DFGBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.58% | -9.63% | -18.95% |
Max Drawdown (1Y)Largest decline over 1 year | -5.27% | -1.38% | -3.89% |
Max Drawdown (3Y)Largest decline over 3 years | -7.21% | -1.67% | -5.54% |
Max Drawdown (5Y)Largest decline over 5 years | -26.29% | -9.21% | -17.08% |
Max Drawdown (10Y)Largest decline over 10 years | -28.58% | -9.63% | -18.95% |
Current DrawdownCurrent decline from peak | -15.06% | -0.30% | -14.76% |
Average DrawdownAverage peak-to-trough decline | -6.07% | -0.93% | -5.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 0.40% | +1.96% |
Volatility
IGBIX vs. DFGBX - Volatility Comparison
Voya Global Bond Fund (IGBIX) has a higher volatility of 1.51% compared to DFA Five Year Global Fixed Income Portfolio (DFGBX) at 0.53%. This indicates that IGBIX's price experiences larger fluctuations and is considered to be riskier than DFGBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGBIX | DFGBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.51% | 0.53% | +0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 4.74% | 1.41% | +3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.86% | 1.56% | +4.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.75% | 2.18% | +4.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.98% | 1.92% | +4.06% |
IGBIX vs. DFGBX - Expense Ratio Comparison
IGBIX has a 0.65% expense ratio, which is higher than DFGBX's 0.23% expense ratio.
Dividends
IGBIX vs. DFGBX - Dividend Comparison
IGBIX's dividend yield for the trailing twelve months is around 3.55%, less than DFGBX's 4.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFGBX DFA Five Year Global Fixed Income Portfolio | 4.61% | 2.91% | 4.69% | 3.61% | 1.63% | 0.73% | 0.03% | 2.30% | 4.74% | 0.89% | 1.16% | 1.72% |
IGBIX Voya Global Bond Fund | 3.55% | 3.44% | 4.58% | 3.35% | 3.31% | 4.04% | 4.43% | 4.66% | 4.75% | 4.84% | 4.69% | 4.72% |
Frequently Asked Questions
IGBIX and DFGBX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGBIX has higher volatility (1.51%) compared to DFGBX (0.53%). In terms of maximum drawdown, IGBIX dropped -28.58% vs DFGBX's -9.63%.
DFGBX currently has the higher Sharpe Ratio (2.04 vs -0.06), 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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