ILMBX vs. DHEAX
ILMBX (Voya Limited Maturity Bond Portfolio) and DHEAX (Diamond Hill Short Duration Securitized Bond Fund) are both Short-Term Bond funds. Over the past 5 years, ILMBX returned 1.49%/yr vs 4.26%/yr for DHEAX. A 0.55 correlation means they provide meaningful diversification when combined. ILMBX charges 0.53%/yr vs 0.83%/yr for DHEAX.
Performance
ILMBX vs. DHEAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ILMBX achieves a 0.45% return, which is significantly lower than DHEAX's 1.75% 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%
DHEAX
- 1D
- 0.10%
- 1M
- 0.33%
- YTD
- 1.75%
- 6M
- 1.93%
- 1Y
- 4.69%
- 3Y*
- 7.45%
- 5Y*
- 4.26%
- 10Y*
- —
ILMBX vs. DHEAX - 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% |
DHEAX Diamond Hill Short Duration Securitized Bond Fund | 1.75% | 5.70% | 9.15% | 8.38% | -3.57% | 2.42% | 2.87% | 4.44% | 2.88% | 3.97% |
Correlation
The correlation between ILMBX and DHEAX is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.55 |
The correlation between ILMBX and DHEAX has been stable across timeframes, ranging from 0.55 to 0.64 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ILMBX vs. DHEAX — Risk / Return Rank
ILMBX
DHEAX
ILMBX vs. DHEAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Limited Maturity Bond Portfolio (ILMBX) and Diamond Hill Short Duration Securitized Bond Fund (DHEAX). 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 | DHEAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.96 | ||
| Sortino ratioReturn per unit of downside risk | -4.96 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 2.41 | -1.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 9.63 | -7.26 |
| Martin ratioReturn relative to average drawdown | 9.23 | 42.02 | -32.79 |
Loading charts...
Drawdowns
ILMBX vs. DHEAX - Drawdown Comparison
The maximum ILMBX drawdown since its inception was -10.01%, smaller than the maximum DHEAX drawdown of -12.34%. Use the drawdown chart below to compare losses from any high point for ILMBX and DHEAX.
Loading charts...
Drawdown Indicators
| ILMBX | DHEAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.01% | -12.34% | +2.33% |
Max Drawdown (1Y)Largest decline over 1 year | -1.34% | -0.50% | -0.84% |
Max Drawdown (3Y)Largest decline over 3 years | -1.34% | -0.50% | -0.84% |
Max Drawdown (5Y)Largest decline over 5 years | -7.36% | -5.06% | -2.30% |
Max Drawdown (10Y)Largest decline over 10 years | -7.36% | — | — |
Current DrawdownCurrent decline from peak | -0.32% | -0.10% | -0.22% |
Average DrawdownAverage peak-to-trough decline | -1.16% | -0.80% | -0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.33% | 0.11% | +0.22% |
Volatility
ILMBX vs. DHEAX - Volatility Comparison
Voya Limited Maturity Bond Portfolio (ILMBX) has a higher volatility of 0.71% compared to Diamond Hill Short Duration Securitized Bond Fund (DHEAX) at 0.31%. This indicates that ILMBX's price experiences larger fluctuations and is considered to be riskier than DHEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ILMBX | DHEAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.71% | 0.31% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 1.91% | 0.75% | +1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.36% | 1.12% | +1.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.39% | 1.52% | +0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.98% | 2.26% | -0.28% |
ILMBX vs. DHEAX - Expense Ratio Comparison
ILMBX has a 0.53% expense ratio, which is lower than DHEAX's 0.83% expense ratio.
Dividends
ILMBX vs. DHEAX - Dividend Comparison
ILMBX's dividend yield for the trailing twelve months is around 3.49%, less than DHEAX's 5.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHEAX Diamond Hill Short Duration Securitized Bond Fund | 5.63% | 5.27% | 5.94% | 5.25% | 3.41% | 2.31% | 2.92% | 3.76% | 3.45% | 3.20% | 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 DHEAX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ILMBX has higher volatility (0.71%) compared to DHEAX (0.31%). In terms of maximum drawdown, ILMBX dropped -10.01% vs DHEAX's -12.34%.
DHEAX currently has the higher Sharpe Ratio (4.31 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.
Find the right allocation for ILMBX and DHEAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer