IIRLX vs. IVRSX
IIRLX (Voya Russell Large Cap Index Portfolio) and IVRSX (VY CBRE Real Estate Portfolio) are both mutual funds - IIRLX is a Large Cap Blend Equities fund managed by Voya, while IVRSX is a REIT fund managed by Voya. Over the past 10 years, IIRLX returned 15.68%/yr vs 5.07%/yr for IVRSX. A 0.62 correlation means they provide meaningful diversification when combined. IIRLX charges 0.36%/yr vs 0.93%/yr for IVRSX.
Performance
IIRLX vs. IVRSX - Performance Comparison
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Returns By Period
In the year-to-date period, IIRLX achieves a 9.24% return, which is significantly lower than IVRSX's 19.11% return. Over the past 10 years, IIRLX has outperformed IVRSX with an annualized return of 15.68%, while IVRSX has yielded a comparatively lower 5.07% annualized return.
IIRLX
- 1D
- -0.92%
- 1M
- 1.18%
- 6M
- 7.80%
- YTD
- 9.24%
- 1Y
- 20.94%
- 3Y*
- 20.89%
- 5Y*
- 13.20%
- 10Y*
- 15.68%
IVRSX
- 1D
- 0.62%
- 1M
- 1.44%
- 6M
- 16.64%
- YTD
- 19.11%
- 1Y
- 20.20%
- 3Y*
- 9.18%
- 5Y*
- 3.91%
- 10Y*
- 5.07%
IIRLX vs. IVRSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IIRLX Voya Russell Large Cap Index Portfolio | 9.24% | 18.77% | 26.95% | 29.41% | -20.07% | 27.26% | 21.71% | 31.18% | -3.45% | 22.58% |
IVRSX VY CBRE Real Estate Portfolio | 19.11% | -0.01% | 4.32% | 14.11% | -27.22% | 51.91% | -6.66% | 28.15% | -10.29% | 5.20% |
Correlation
The correlation between IIRLX and IVRSX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Mar 11, 2008 | 0.62 |
Over the past year, the correlation between IIRLX and IVRSX has dropped to 0.17 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.
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Return for Risk
IIRLX vs. IVRSX — Risk / Return Rank
IIRLX
IVRSX
IIRLX vs. IVRSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Russell Large Cap Index Portfolio (IIRLX) and VY CBRE Real Estate Portfolio (IVRSX). 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.
| IIRLX | IVRSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.28 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 3.03 | -0.69 |
| Martin ratioReturn relative to average drawdown | 9.41 | 9.58 | -0.17 |
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Drawdowns
IIRLX vs. IVRSX - Drawdown Comparison
The maximum IIRLX drawdown since its inception was -50.33%, smaller than the maximum IVRSX drawdown of -73.77%. Use the drawdown chart below to compare losses from any high point for IIRLX and IVRSX.
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Drawdown Indicators
| IIRLX | IVRSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.33% | -73.77% | +23.44% |
Max Drawdown (1Y)Largest decline over 1 year | -9.83% | -7.74% | -2.09% |
Max Drawdown (3Y)Largest decline over 3 years | -19.58% | -19.29% | -0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -25.83% | -34.51% | +8.68% |
Max Drawdown (10Y)Largest decline over 10 years | -32.60% | -45.19% | +12.59% |
Current DrawdownCurrent decline from peak | -1.66% | -0.67% | -0.99% |
Average DrawdownAverage peak-to-trough decline | -6.75% | -11.89% | +5.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 2.41% | -0.07% |
Volatility
IIRLX vs. IVRSX - Volatility Comparison
The current volatility for Voya Russell Large Cap Index Portfolio (IIRLX) is 4.19%, while VY CBRE Real Estate Portfolio (IVRSX) has a volatility of 4.82%. This indicates that IIRLX experiences smaller price fluctuations and is considered to be less risky than IVRSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IIRLX | IVRSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.19% | 4.82% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 11.61% | 10.62% | +0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.27% | 14.17% | +0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.90% | 19.68% | -1.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.52% | 21.58% | -3.06% |
IIRLX vs. IVRSX - Expense Ratio Comparison
IIRLX has a 0.36% expense ratio, which is lower than IVRSX's 0.93% expense ratio.
Dividends
IIRLX vs. IVRSX - Dividend Comparison
IIRLX's dividend yield for the trailing twelve months is around 4.84%, more than IVRSX's 4.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IIRLX Voya Russell Large Cap Index Portfolio | 4.84% | 3.76% | 0.96% | 1.14% | 5.04% | 4.77% | 4.71% | 4.35% | 1.73% | 1.47% | 1.77% | 1.66% |
IVRSX VY CBRE Real Estate Portfolio | 4.12% | 2.74% | 2.50% | 8.77% | 26.34% | 1.46% | 13.92% | 2.44% | 11.42% | 2.07% | 1.57% | 1.31% |
Frequently Asked Questions
IIRLX and IVRSX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IVRSX has higher volatility (4.82%) compared to IIRLX (4.19%). In terms of maximum drawdown, IIRLX dropped -50.33% vs IVRSX's -73.77%.
IVRSX currently has the higher Sharpe Ratio (1.66 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.
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