IGD vs. IHD
IGD (Voya Global Equity Dividend and Premium Opportunity Fund) and IHD (Voya Emerging Markets High Dividend Equity Fund) are both mutual funds - IGD is a Global Equity Income fund managed by Voya, while IHD is a Emerging Markets Equities fund managed by Voya. Over the past 10 years, IGD returned 9.57%/yr vs 10.79%/yr for IHD. Their 0.47 correlation means their historical movements had little consistent relationship. IGD charges 0.01%/yr vs 0.01%/yr for IHD.
Performance
IGD vs. IHD - Performance Comparison
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Returns By Period
In the year-to-date period, IGD achieves a 20.40% return, which is significantly lower than IHD's 22.26% return. Over the past 10 years, IGD has underperformed IHD with an annualized return of 9.57%, while IHD has yielded a comparatively higher 10.79% annualized return.
IGD
- 1D
- 1.08%
- 1M
- 6.33%
- 6M
- 18.95%
- YTD
- 20.40%
- 1Y
- 27.21%
- 3Y*
- 20.70%
- 5Y*
- 12.41%
- 10Y*
- 9.57%
- ALL TIME*
- 5.71%
IHD
- 1D
- 1.95%
- 1M
- -3.68%
- 6M
- 11.58%
- YTD
- 22.26%
- 1Y
- 39.71%
- 3Y*
- 24.53%
- 5Y*
- 11.86%
- 10Y*
- 10.79%
- ALL TIME*
- 4.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.52M | $1.72M | $1.88M | |
| $344.98K | $446.22K | $711.40K |
IGD vs. IHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGD Voya Global Equity Dividend and Premium Opportunity Fund | 20.40% | 18.22% | 22.44% | 1.00% | -5.01% | 29.11% | -7.25% | 16.91% | -16.19% | 25.85% |
IHD Voya Emerging Markets High Dividend Equity Fund | 22.26% | 41.70% | 7.80% | 13.95% | -17.18% | 7.39% | 1.73% | 20.55% | -10.23% | 29.84% |
Correlation
The correlation between IGD and IHD is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.32 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.40 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.43 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2011 | 0.47 |
The correlation between IGD and IHD shifts across timeframes, from 0.30 (1 year) to 0.47 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IGD vs. IHD — Risk / Return Rank
IGD
IHD
IGD vs. IHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Global Equity Dividend and Premium Opportunity Fund (IGD) and Voya Emerging Markets High Dividend Equity Fund (IHD). 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.
| IGD | IHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.35 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.34 | 3.46 | +0.88 |
| Martin ratioReturn relative to average drawdown | 14.70 | 10.01 | +4.69 |
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Drawdowns
IGD vs. IHD - Drawdown Comparison
The maximum IGD drawdown since its inception was -59.29%, which is greater than IHD's maximum drawdown of -48.76%. Use the drawdown chart below to compare losses from any high point for IGD and IHD.
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Drawdown Indicators
| IGD | IHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.29% | -48.76% | -10.53% |
Max Drawdown (1Y)Largest decline over 1 year | -6.20% | -11.15% | +4.95% |
Max Drawdown (3Y)Largest decline over 3 years | -11.01% | -14.35% | +3.34% |
Max Drawdown (5Y)Largest decline over 5 years | -15.81% | -30.04% | +14.23% |
Max Drawdown (10Y)Largest decline over 10 years | -41.03% | -42.81% | +1.78% |
Current DrawdownCurrent decline from peak | 0.00% | -8.08% | +8.08% |
Average DrawdownAverage peak-to-trough decline | -9.82% | -17.83% | +8.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.83% | 3.85% | -2.02% |
Volatility
IGD vs. IHD - Volatility Comparison
The current volatility for Voya Global Equity Dividend and Premium Opportunity Fund (IGD) is 3.31%, while Voya Emerging Markets High Dividend Equity Fund (IHD) has a volatility of 5.12%. This indicates that IGD experiences smaller price fluctuations and is considered to be less risky than IHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGD | IHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.31% | 5.12% | -1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 9.87% | 16.97% | -7.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.07% | 19.71% | -7.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.59% | 18.05% | -3.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.49% | 19.57% | -3.08% |
IGD vs. IHD - Expense Ratio Comparison
IGD has a 0.02% expense ratio, which is higher than IHD's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IGD vs. IHD - Dividend Comparison
IGD's dividend yield for the trailing twelve months is around 9.92%, more than IHD's 9.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGD Voya Global Equity Dividend and Premium Opportunity Fund | 9.16% | 11.36% | 11.44% | 9.66% | 8.87% | 7.73% | 9.20% | 10.47% | 12.49% | 9.45% | 13.23% | 13.03% |
IHD Voya Emerging Markets High Dividend Equity Fund | 9.02% | 11.40% | 13.67% | 10.21% | 13.95% | 10.14% | 9.92% | 9.14% | 10.15% | 8.31% | 11.74% | 14.00% |
Frequently Asked Questions
IGD and IHD have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IHD has higher volatility (5.12%) compared to IGD (3.31%). In terms of maximum drawdown, IGD dropped -59.29% vs IHD's -48.76%.
IGD currently has the higher Sharpe Ratio (2.23 vs 1.96), 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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