IGD vs. IRVIX
IGD (Voya Global Equity Dividend and Premium Opportunity Fund) and IRVIX (Voya Russell Large Cap Value Index Portfolio) are both mutual funds - IGD is a Global Equity Income fund managed by Voya, while IRVIX is a Large Cap Value Equities fund managed by Voya. Over the past 10 years, IGD returned 9.57%/yr vs 11.81%/yr for IRVIX. Their 0.62 correlation means they have sometimes moved together and sometimes differently. IGD charges 0.01%/yr vs 0.35%/yr for IRVIX.
Performance
IGD vs. IRVIX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with IGD having a 20.40% return and IRVIX slightly lower at 19.97%. Over the past 10 years, IGD has underperformed IRVIX with an annualized return of 9.57%, while IRVIX has yielded a comparatively higher 11.81% 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%
IRVIX
- 1D
- 0.79%
- 1M
- 1.69%
- 6M
- 14.66%
- YTD
- 19.97%
- 1Y
- 31.91%
- 3Y*
- 18.50%
- 5Y*
- 12.37%
- 10Y*
- 11.81%
- ALL TIME*
- 12.32%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.52M | $1.72M | $1.88M | |
| $0.00 | $0.00 | $0.00 |
IGD vs. IRVIX - 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% |
IRVIX Voya Russell Large Cap Value Index Portfolio | 19.97% | 18.08% | 14.99% | 10.26% | -5.48% | 22.95% | 1.38% | 25.75% | -6.61% | 13.47% |
Correlation
The correlation between IGD and IRVIX is 0.53, 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. | 0.53 |
Correlation (3Y) Balances recent behavior with more history. | 0.49 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.57 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.59 |
Correlation (All Time) Calculated using the full available price history since May 4, 2009 | 0.62 |
The correlation between IGD and IRVIX shifts across timeframes, from 0.49 (3 years) to 0.62 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IGD vs. IRVIX — Risk / Return Rank
IGD
IRVIX
IGD vs. IRVIX - 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 Russell Large Cap Value Index Portfolio (IRVIX). 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 | IRVIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.53 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.34 | 5.05 | -0.71 |
| Martin ratioReturn relative to average drawdown | 14.70 | 21.53 | -6.83 |
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Drawdowns
IGD vs. IRVIX - Drawdown Comparison
The maximum IGD drawdown since its inception was -59.29%, which is greater than IRVIX's maximum drawdown of -35.67%. Use the drawdown chart below to compare losses from any high point for IGD and IRVIX.
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Drawdown Indicators
| IGD | IRVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.29% | -35.67% | -23.62% |
Max Drawdown (1Y)Largest decline over 1 year | -6.20% | -6.64% | +0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -11.01% | -13.38% | +2.37% |
Max Drawdown (5Y)Largest decline over 5 years | -15.81% | -18.37% | +2.56% |
Max Drawdown (10Y)Largest decline over 10 years | -41.03% | -35.67% | -5.36% |
Current DrawdownCurrent decline from peak | 0.00% | -0.31% | +0.31% |
Average DrawdownAverage peak-to-trough decline | -9.82% | -3.80% | -6.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.83% | 1.54% | +0.29% |
Volatility
IGD vs. IRVIX - Volatility Comparison
Voya Global Equity Dividend and Premium Opportunity Fund (IGD) has a higher volatility of 3.31% compared to Voya Russell Large Cap Value Index Portfolio (IRVIX) at 3.08%. This indicates that IGD's price experiences larger fluctuations and is considered to be riskier than IRVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGD | IRVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.31% | 3.08% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.87% | 9.19% | +0.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.07% | 11.64% | +0.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.59% | 14.33% | +0.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.49% | 16.83% | -0.34% |
IGD vs. IRVIX - Expense Ratio Comparison
IGD has a 0.02% expense ratio, which is lower than IRVIX's 0.35% expense ratio.
Dividends
IGD vs. IRVIX - Dividend Comparison
IGD's dividend yield for the trailing twelve months is around 9.92%, more than IRVIX's 3.67% 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% |
IRVIX Voya Russell Large Cap Value Index Portfolio | 3.67% | 29.89% | 3.60% | 2.01% | 1.36% | 1.94% | 3.78% | 5.91% | 6.32% | 1.94% | 2.90% | 3.11% |
Frequently Asked Questions
IGD and IRVIX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGD has higher volatility (3.31%) compared to IRVIX (3.08%). In terms of maximum drawdown, IGD dropped -59.29% vs IRVIX's -35.67%.
IRVIX currently has the higher Sharpe Ratio (2.88 vs 2.23), 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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