ILMBX vs. ATLAX
ILMBX (Voya Limited Maturity Bond Portfolio) and ATLAX (Atlas U.S. Tactical Income Fund) are both mutual funds - ILMBX is a Short-Term Bond fund managed by Voya, while ATLAX is a Diversified Portfolio fund managed by Voya. Over the past 10 years, ILMBX returned 1.69%/yr vs -0.19%/yr for ATLAX. At a 0.29 correlation, their price movements are largely independent. ILMBX charges 0.53%/yr vs 1.18%/yr for ATLAX.
Performance
ILMBX vs. ATLAX - Performance Comparison
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Returns By Period
In the year-to-date period, ILMBX achieves a 0.45% return, which is significantly higher than ATLAX's 0.42% return. Over the past 10 years, ILMBX has outperformed ATLAX with an annualized return of 1.69%, while ATLAX has yielded a comparatively lower -0.19% annualized return.
ILMBX
- 1D
- 0.10%
- 1M
- 0.24%
- YTD
- 0.45%
- 6M
- 0.82%
- 1Y
- 2.88%
- 3Y*
- 4.16%
- 5Y*
- 1.49%
- 10Y*
- 1.69%
ATLAX
- 1D
- 0.00%
- 1M
- 1.13%
- YTD
- 0.42%
- 6M
- 0.60%
- 1Y
- 9.83%
- 3Y*
- 8.17%
- 5Y*
- -0.40%
- 10Y*
- -0.19%
ILMBX vs. ATLAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ILMBX Voya Limited Maturity Bond Portfolio | 0.45% | 4.30% | 4.48% | 4.20% | -5.30% | -0.48% | 3.20% | 4.06% | 1.06% | 1.20% |
ATLAX Atlas U.S. Tactical Income Fund | 0.42% | 13.62% | 4.51% | 9.92% | -23.76% | -1.25% | 1.46% | 4.27% | -8.13% | 2.39% |
Correlation
The correlation between ILMBX and ATLAX is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2015 | 0.29 |
Over the past year, ILMBX and ATLAX have become more correlated (0.55) than their long-term average of 0.29, meaning their price movements have been converging.
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Return for Risk
ILMBX vs. ATLAX — Risk / Return Rank
ILMBX
ATLAX
ILMBX vs. ATLAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Limited Maturity Bond Portfolio (ILMBX) and Atlas U.S. Tactical Income Fund (ATLAX). 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.
| ILMBX | ATLAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.31 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 2.15 | +0.22 |
| Martin ratioReturn relative to average drawdown | 9.23 | 8.35 | +0.88 |
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Drawdowns
ILMBX vs. ATLAX - Drawdown Comparison
The maximum ILMBX drawdown since its inception was -10.01%, smaller than the maximum ATLAX drawdown of -39.28%. Use the drawdown chart below to compare losses from any high point for ILMBX and ATLAX.
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Drawdown Indicators
| ILMBX | ATLAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.01% | -39.28% | +29.27% |
Max Drawdown (1Y)Largest decline over 1 year | -1.34% | -4.66% | +3.32% |
Max Drawdown (3Y)Largest decline over 3 years | -1.34% | -11.47% | +10.13% |
Max Drawdown (5Y)Largest decline over 5 years | -7.36% | -31.49% | +24.13% |
Max Drawdown (10Y)Largest decline over 10 years | -7.36% | -39.28% | +31.92% |
Current DrawdownCurrent decline from peak | -0.32% | -14.13% | +13.81% |
Average DrawdownAverage peak-to-trough decline | -1.16% | -14.57% | +13.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.33% | 1.20% | -0.87% |
Volatility
ILMBX vs. ATLAX - Volatility Comparison
The current volatility for Voya Limited Maturity Bond Portfolio (ILMBX) is 0.71%, while Atlas U.S. Tactical Income Fund (ATLAX) has a volatility of 2.15%. This indicates that ILMBX experiences smaller price fluctuations and is considered to be less risky than ATLAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ILMBX | ATLAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.71% | 2.15% | -1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 1.91% | 4.76% | -2.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.36% | 5.99% | -3.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.39% | 8.97% | -6.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.98% | 16.46% | -14.48% |
ILMBX vs. ATLAX - Expense Ratio Comparison
ILMBX has a 0.53% expense ratio, which is lower than ATLAX's 1.18% expense ratio.
Dividends
ILMBX vs. ATLAX - Dividend Comparison
ILMBX's dividend yield for the trailing twelve months is around 3.49%, less than ATLAX's 4.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATLAX Atlas U.S. Tactical Income Fund | 4.97% | 4.68% | 5.15% | 3.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ILMBX Voya Limited Maturity Bond Portfolio | 3.49% | 3.15% | 4.26% | 3.45% | 1.30% | 1.09% | 1.96% | 1.59% | 1.45% | 1.70% | 2.40% | 0.95% |
Frequently Asked Questions
ILMBX and ATLAX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ATLAX has higher volatility (2.15%) compared to ILMBX (0.71%). In terms of maximum drawdown, ILMBX dropped -10.01% vs ATLAX's -39.28%.
ATLAX currently has the higher Sharpe Ratio (1.67 vs 1.35), 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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