IHYAX vs. CWFIX
Compare and contrast key facts about Voya High Yield Bond Fund (IHYAX) and Chartwell Short Duration High Yield Fund (CWFIX).
IHYAX is managed by Voya. It was launched on Dec 15, 1998. CWFIX is managed by Carillon Family of Funds. It was launched on Jul 15, 2014.
Performance
IHYAX vs. CWFIX - Performance Comparison
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IHYAX vs. CWFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IHYAX Voya High Yield Bond Fund | -2.02% | 6.99% | 6.45% | 10.63% | -13.95% | 3.71% | 5.54% | 14.51% | -3.38% | 5.85% |
CWFIX Chartwell Short Duration High Yield Fund | -0.40% | 6.99% | 5.78% | 7.80% | -3.17% | 2.40% | 4.38% | 7.33% | 0.36% | 3.06% |
Returns By Period
In the year-to-date period, IHYAX achieves a -2.02% return, which is significantly lower than CWFIX's -0.40% return. Both investments have delivered pretty close results over the past 10 years, with IHYAX having a 4.12% annualized return and CWFIX not far behind at 4.00%.
IHYAX
- 1D
- 0.15%
- 1M
- -2.42%
- YTD
- -2.02%
- 6M
- -1.03%
- 1Y
- 3.99%
- 3Y*
- 5.92%
- 5Y*
- 2.05%
- 10Y*
- 4.12%
CWFIX
- 1D
- 0.11%
- 1M
- -1.03%
- YTD
- -0.40%
- 6M
- 1.21%
- 1Y
- 5.08%
- 3Y*
- 6.16%
- 5Y*
- 3.68%
- 10Y*
- 4.00%
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IHYAX vs. CWFIX - Expense Ratio Comparison
IHYAX has a 1.04% expense ratio, which is higher than CWFIX's 0.49% expense ratio.
Return for Risk
IHYAX vs. CWFIX — Risk / Return Rank
IHYAX
CWFIX
IHYAX vs. CWFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya High Yield Bond Fund (IHYAX) and Chartwell Short Duration High Yield Fund (CWFIX). 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.
| IHYAX | CWFIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.15 | 2.99 | -1.84 |
Sortino ratioReturn per unit of downside risk | 1.55 | 4.25 | -2.70 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.80 | -0.52 |
Calmar ratioReturn relative to maximum drawdown | 1.00 | 3.72 | -2.72 |
Martin ratioReturn relative to average drawdown | 4.07 | 17.45 | -13.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IHYAX | CWFIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 2.99 | -1.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 1.35 | -0.93 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 1.30 | -0.54 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 1.08 | -0.11 |
Correlation
The correlation between IHYAX and CWFIX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
IHYAX vs. CWFIX - Dividend Comparison
IHYAX's dividend yield for the trailing twelve months is around 4.43%, less than CWFIX's 5.22% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHYAX Voya High Yield Bond Fund | 4.43% | 4.98% | 5.93% | 4.91% | 5.38% | 4.01% | 5.00% | 5.17% | 5.63% | 5.21% | 5.14% | 5.54% |
CWFIX Chartwell Short Duration High Yield Fund | 5.22% | 5.17% | 5.09% | 4.41% | 3.17% | 2.79% | 3.38% | 3.60% | 3.24% | 2.82% | 3.79% | 3.32% |
Drawdowns
IHYAX vs. CWFIX - Drawdown Comparison
The maximum IHYAX drawdown since its inception was -38.22%, which is greater than CWFIX's maximum drawdown of -12.41%. Use the drawdown chart below to compare losses from any high point for IHYAX and CWFIX.
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Drawdown Indicators
| IHYAX | CWFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.22% | -12.41% | -25.81% |
Max Drawdown (1Y)Largest decline over 1 year | -2.61% | -1.37% | -1.24% |
Max Drawdown (5Y)Largest decline over 5 years | -17.14% | -6.36% | -10.78% |
Max Drawdown (10Y)Largest decline over 10 years | -20.25% | -12.41% | -7.84% |
Current DrawdownCurrent decline from peak | -2.45% | -1.03% | -1.42% |
Average DrawdownAverage peak-to-trough decline | -2.95% | -0.87% | -2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 0.29% | +0.50% |
Volatility
IHYAX vs. CWFIX - Volatility Comparison
Voya High Yield Bond Fund (IHYAX) has a higher volatility of 1.38% compared to Chartwell Short Duration High Yield Fund (CWFIX) at 0.70%. This indicates that IHYAX's price experiences larger fluctuations and is considered to be riskier than CWFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IHYAX | CWFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 0.70% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 2.30% | 1.03% | +1.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.01% | 1.71% | +2.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.09% | 2.75% | +2.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.46% | 3.09% | +2.37% |