IGD vs. IPHYX
IGD (Voya Global Equity Dividend and Premium Opportunity Fund) and IPHYX (Voya High Yield Portfolio) are both mutual funds - IGD is a Global Equity Income fund managed by Voya, while IPHYX is a High Yield Bonds fund managed by Voya. Over the past 10 years, IGD returned 9.46%/yr vs 4.55%/yr for IPHYX. At a 0.35 correlation, their price movements are largely independent. IGD charges 0.01%/yr vs 0.73%/yr for IPHYX.
Performance
IGD vs. IPHYX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGD achieves a 13.22% return, which is significantly higher than IPHYX's 1.17% return. Over the past 10 years, IGD has outperformed IPHYX with an annualized return of 9.46%, while IPHYX has yielded a comparatively lower 4.55% annualized return.
IGD
- 1D
- 0.81%
- 1M
- -0.49%
- YTD
- 13.22%
- 6M
- 12.43%
- 1Y
- 22.80%
- 3Y*
- 19.26%
- 5Y*
- 11.26%
- 10Y*
- 9.46%
IPHYX
- 1D
- 0.00%
- 1M
- 0.81%
- YTD
- 1.17%
- 6M
- 1.76%
- 1Y
- 5.00%
- 3Y*
- 7.34%
- 5Y*
- 2.58%
- 10Y*
- 4.55%
IGD vs. IPHYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGD Voya Global Equity Dividend and Premium Opportunity Fund | 13.22% | 18.22% | 22.44% | 1.00% | -5.01% | 29.11% | -7.25% | 16.91% | -16.19% | 25.85% |
IPHYX Voya High Yield Portfolio | 1.17% | 6.80% | 6.74% | 11.47% | -13.75% | 4.15% | 5.66% | 15.24% | -3.18% | 6.24% |
Correlation
The correlation between IGD and IPHYX is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2005 | 0.35 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGD vs. IPHYX — Risk / Return Rank
IGD
IPHYX
IGD vs. IPHYX - 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 High Yield Portfolio (IPHYX). 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 | IPHYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.34 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.70 | 2.15 | +1.54 |
| Martin ratioReturn relative to average drawdown | 12.62 | 10.09 | +2.54 |
Loading charts...
Drawdowns
IGD vs. IPHYX - Drawdown Comparison
The maximum IGD drawdown since its inception was -59.29%, which is greater than IPHYX's maximum drawdown of -32.43%. Use the drawdown chart below to compare losses from any high point for IGD and IPHYX.
Loading charts...
Drawdown Indicators
| IGD | IPHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.29% | -32.43% | -26.86% |
Max Drawdown (1Y)Largest decline over 1 year | -6.20% | -2.62% | -3.58% |
Max Drawdown (3Y)Largest decline over 3 years | -11.01% | -3.81% | -7.20% |
Max Drawdown (5Y)Largest decline over 5 years | -15.81% | -17.18% | +1.37% |
Max Drawdown (10Y)Largest decline over 10 years | -41.03% | -20.45% | -20.58% |
Current DrawdownCurrent decline from peak | -1.43% | -0.23% | -1.20% |
Average DrawdownAverage peak-to-trough decline | -9.87% | -2.78% | -7.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 0.54% | +1.27% |
Volatility
IGD vs. IPHYX - Volatility Comparison
Voya Global Equity Dividend and Premium Opportunity Fund (IGD) has a higher volatility of 3.08% compared to Voya High Yield Portfolio (IPHYX) at 1.01%. This indicates that IGD's price experiences larger fluctuations and is considered to be riskier than IPHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGD | IPHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.08% | 1.01% | +2.07% |
Volatility (6M)Calculated over the trailing 6-month period | 9.63% | 2.77% | +6.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.25% | 3.53% | +8.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.55% | 5.22% | +9.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.61% | 5.51% | +11.10% |
IGD vs. IPHYX - Expense Ratio Comparison
IGD has a 0.02% expense ratio, which is lower than IPHYX's 0.73% expense ratio.
Dividends
IGD vs. IPHYX - Dividend Comparison
IGD's dividend yield for the trailing twelve months is around 10.47%, more than IPHYX's 4.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGD Voya Global Equity Dividend and Premium Opportunity Fund | 10.47% | 11.36% | 11.44% | 9.66% | 8.87% | 7.73% | 9.20% | 10.47% | 12.49% | 9.45% | 13.23% | 13.03% |
IPHYX Voya High Yield Portfolio | 4.77% | 4.47% | 5.90% | 5.68% | 4.36% | 4.26% | 5.03% | 5.14% | 6.03% | 6.82% | 6.44% | 6.32% |
Frequently Asked Questions
IGD and IPHYX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGD has higher volatility (3.08%) compared to IPHYX (1.01%). In terms of maximum drawdown, IGD dropped -59.29% vs IPHYX's -32.43%.
IGD currently has the higher Sharpe Ratio (1.87 vs 1.61), 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.
Find the right allocation for IGD and IPHYX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer