IHYAX vs. IPHYX
Compare and contrast key facts about Voya High Yield Bond Fund (IHYAX) and Voya High Yield Portfolio (IPHYX).
IHYAX is managed by Voya. It was launched on Dec 15, 1998. IPHYX is managed by Voya. It was launched on May 3, 2004.
Performance
IHYAX vs. IPHYX - Performance Comparison
Loading graphics...
IHYAX vs. IPHYX - 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% |
IPHYX Voya High Yield Portfolio | -1.94% | 6.80% | 6.74% | 11.47% | -13.75% | 4.15% | 5.66% | 15.24% | -3.18% | 6.24% |
Returns By Period
The year-to-date returns for both investments are quite close, with IHYAX having a -2.02% return and IPHYX slightly higher at -1.94%. Over the past 10 years, IHYAX has underperformed IPHYX with an annualized return of 4.12%, while IPHYX has yielded a comparatively higher 4.53% annualized return.
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%
IPHYX
- 1D
- 0.12%
- 1M
- -2.49%
- YTD
- -1.94%
- 6M
- -0.81%
- 1Y
- 3.74%
- 3Y*
- 6.26%
- 5Y*
- 2.35%
- 10Y*
- 4.53%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IHYAX vs. IPHYX - Expense Ratio Comparison
IHYAX has a 1.04% expense ratio, which is higher than IPHYX's 0.73% expense ratio.
Return for Risk
IHYAX vs. IPHYX — Risk / Return Rank
IHYAX
IPHYX
IHYAX vs. IPHYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya High Yield Bond Fund (IHYAX) 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.
| IHYAX | IPHYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.15 | 1.09 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.55 | 1.54 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.24 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.00 | 1.03 | -0.03 |
Martin ratioReturn relative to average drawdown | 4.07 | 4.60 | -0.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IHYAX | IPHYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 1.09 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.47 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.84 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 1.01 | -0.03 |
Correlation
The correlation between IHYAX and IPHYX is 0.89, 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. IPHYX - Dividend Comparison
IHYAX's dividend yield for the trailing twelve months is around 4.43%, more than IPHYX's 3.98% 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% |
IPHYX Voya High Yield Portfolio | 3.98% | 4.47% | 5.90% | 5.68% | 4.36% | 4.26% | 5.03% | 5.14% | 6.03% | 6.82% | 6.44% | 6.32% |
Drawdowns
IHYAX vs. IPHYX - Drawdown Comparison
The maximum IHYAX drawdown since its inception was -38.22%, which is greater than IPHYX's maximum drawdown of -32.43%. Use the drawdown chart below to compare losses from any high point for IHYAX and IPHYX.
Loading graphics...
Drawdown Indicators
| IHYAX | IPHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.22% | -32.43% | -5.79% |
Max Drawdown (1Y)Largest decline over 1 year | -2.61% | -3.00% | +0.39% |
Max Drawdown (5Y)Largest decline over 5 years | -17.14% | -17.18% | +0.04% |
Max Drawdown (10Y)Largest decline over 10 years | -20.25% | -20.45% | +0.20% |
Current DrawdownCurrent decline from peak | -2.45% | -2.51% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -2.95% | -2.81% | -0.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 0.76% | +0.03% |
Volatility
IHYAX vs. IPHYX - Volatility Comparison
Voya High Yield Bond Fund (IHYAX) and Voya High Yield Portfolio (IPHYX) have volatilities of 1.38% and 1.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IHYAX | IPHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 1.36% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.30% | 2.23% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.01% | 4.19% | -0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.09% | 5.16% | -0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.46% | 5.50% | -0.04% |