IHD vs. IDE
IHD (Voya Emerging Markets High Dividend Equity Fund) and IDE (Voya Infrastructure, Industrials and Materials Fund) are both mutual funds - IHD is a Emerging Markets Equities fund managed by Voya, while IDE is a Infrastructure Equities fund managed by Voya. Over the past 10 years, IHD returned 10.60%/yr vs 10.85%/yr for IDE. Their 0.51 correlation means they have sometimes moved together and sometimes differently. IHD charges 0.01%/yr vs 0.01%/yr for IDE.
Performance
IHD vs. IDE - Performance Comparison
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Returns By Period
In the year-to-date period, IHD achieves a 23.02% return, which is significantly higher than IDE's 11.83% return. Both investments have delivered pretty close results over the past 10 years, with IHD having a 10.60% annualized return and IDE not far ahead at 10.85%.
IHD
- 1D
- 0.62%
- 1M
- -3.09%
- 6M
- 12.69%
- YTD
- 23.02%
- 1Y
- 40.57%
- 3Y*
- 25.72%
- 5Y*
- 12.05%
- 10Y*
- 10.60%
- ALL TIME*
- 4.22%
IDE
- 1D
- 0.46%
- 1M
- -4.91%
- 6M
- 2.27%
- YTD
- 11.83%
- 1Y
- 22.29%
- 3Y*
- 21.93%
- 5Y*
- 10.54%
- 10Y*
- 10.85%
- ALL TIME*
- 7.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $551.06K | $462.20K | $489.11K | |
| $347.08K | $414.88K | $706.95K |
IHD vs. IDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IHD Voya Emerging Markets High Dividend Equity Fund | 23.02% | 41.70% | 7.80% | 13.95% | -17.18% | 7.39% | 1.73% | 20.55% | -10.23% | 29.84% |
IDE Voya Infrastructure, Industrials and Materials Fund | 11.83% | 34.61% | 10.91% | 22.04% | -16.54% | 26.27% | -1.06% | 13.49% | -24.48% | 39.58% |
Correlation
The correlation between IHD and IDE is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.46 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2011 | 0.51 |
The correlation between IHD and IDE shifts across timeframes, from 0.37 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IHD vs. IDE — Risk / Return Rank
IHD
IDE
IHD vs. IDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Emerging Markets High Dividend Equity Fund (IHD) and Voya Infrastructure, Industrials and Materials Fund (IDE). 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.
| IHD | IDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.27 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | 1.56 | +2.09 |
| Martin ratioReturn relative to average drawdown | 10.49 | 5.33 | +5.16 |
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Drawdowns
IHD vs. IDE - Drawdown Comparison
The maximum IHD drawdown since its inception was -48.76%, smaller than the maximum IDE drawdown of -52.43%. Use the drawdown chart below to compare losses from any high point for IHD and IDE.
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Drawdown Indicators
| IHD | IDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.76% | -52.43% | +3.67% |
Max Drawdown (1Y)Largest decline over 1 year | -11.15% | -14.34% | +3.19% |
Max Drawdown (3Y)Largest decline over 3 years | -14.35% | -18.30% | +3.95% |
Max Drawdown (5Y)Largest decline over 5 years | -30.04% | -29.36% | -0.68% |
Max Drawdown (10Y)Largest decline over 10 years | -42.81% | -52.43% | +9.62% |
Current DrawdownCurrent decline from peak | -7.51% | -5.31% | -2.20% |
Average DrawdownAverage peak-to-trough decline | -17.82% | -11.22% | -6.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.88% | 4.19% | -0.31% |
Volatility
IHD vs. IDE - Volatility Comparison
Voya Emerging Markets High Dividend Equity Fund (IHD) has a higher volatility of 5.13% compared to Voya Infrastructure, Industrials and Materials Fund (IDE) at 4.78%. This indicates that IHD's price experiences larger fluctuations and is considered to be riskier than IDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IHD | IDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.13% | 4.78% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 16.88% | 12.70% | +4.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.71% | 15.03% | +4.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.06% | 17.13% | +0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.58% | 20.87% | -1.29% |
IHD vs. IDE - Expense Ratio Comparison
IHD has a 0.01% expense ratio, which is higher than IDE'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
IHD vs. IDE - Dividend Comparison
IHD's dividend yield for the trailing twelve months is around 9.78%, more than IDE's 9.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDE Voya Infrastructure, Industrials and Materials Fund | 9.19% | 9.76% | 11.12% | 9.00% | 9.99% | 7.58% | 8.89% | 9.02% | 16.46% | 6.88% | 10.67% | 12.56% |
IHD Voya Emerging Markets High Dividend Equity Fund | 9.78% | 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
IHD and IDE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IHD has higher volatility (5.13%) compared to IDE (4.78%). In terms of maximum drawdown, IHD dropped -48.76% vs IDE's -52.43%.
IHD currently has the higher Sharpe Ratio (2.07 vs 1.49), 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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