IPFPX vs. IPFCX
IPFPX (Poplar Forest Partners Fund) and IPFCX (Poplar Forest Cornerstone Fund) are both mutual funds - IPFPX is a Large Cap Value Equities fund managed by Poplar Forest, while IPFCX is a Diversified Portfolio fund managed by Poplar Forest. Over the past 10 years, IPFPX returned 10.89%/yr vs 9.53%/yr for IPFCX. Their 0.99 correlation means they have historically moved very closely together. IPFPX charges 0.95%/yr vs 0.90%/yr for IPFCX.
Performance
IPFPX vs. IPFCX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IPFPX achieves a 22.51% return, which is significantly higher than IPFCX's 14.01% return. Over the past 10 years, IPFPX has outperformed IPFCX with an annualized return of 10.89%, while IPFCX has yielded a comparatively lower 9.53% annualized return.
IPFPX
- 1D
- 0.08%
- 1M
- 0.30%
- 6M
- 18.81%
- YTD
- 22.51%
- 1Y
- 37.73%
- 3Y*
- 18.41%
- 5Y*
- 12.61%
- 10Y*
- 10.89%
- ALL TIME*
- 11.43%
IPFCX
- 1D
- 0.03%
- 1M
- 0.09%
- 6M
- 11.53%
- YTD
- 14.01%
- 1Y
- 23.66%
- 3Y*
- 13.62%
- 5Y*
- 9.40%
- 10Y*
- 9.53%
- ALL TIME*
- 8.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
IPFPX vs. IPFCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPFPX Poplar Forest Partners Fund | 22.51% | 22.94% | 6.24% | 5.02% | 0.81% | 39.49% | -1.26% | 21.64% | -18.64% | 6.84% |
IPFCX Poplar Forest Cornerstone Fund | 14.01% | 16.22% | 6.67% | 6.64% | -1.31% | 30.14% | 4.29% | 20.56% | -10.49% | 6.01% |
Correlation
The correlation between IPFPX and IPFCX is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.99 |
Correlation (3Y) Balances recent behavior with more history. | 0.98 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.99 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | 0.99 |
The correlation between IPFPX and IPFCX has been stable across timeframes, ranging from 0.98 to 0.99 - 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
IPFPX vs. IPFCX — Risk / Return Rank
IPFPX
IPFCX
IPFPX vs. IPFCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Poplar Forest Partners Fund (IPFPX) and Poplar Forest Cornerstone Fund (IPFCX). 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.
| IPFPX | IPFCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.50 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 4.01 | +0.32 |
| Martin ratioReturn relative to average drawdown | 16.27 | 15.14 | +1.13 |
Loading charts...
Drawdowns
IPFPX vs. IPFCX - Drawdown Comparison
The maximum IPFPX drawdown since its inception was -47.77%, which is greater than IPFCX's maximum drawdown of -32.10%. Use the drawdown chart below to compare losses from any high point for IPFPX and IPFCX.
Loading charts...
Drawdown Indicators
| IPFPX | IPFCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.77% | -32.10% | -15.67% |
Max Drawdown (1Y)Largest decline over 1 year | -8.31% | -5.67% | -2.64% |
Max Drawdown (3Y)Largest decline over 3 years | -14.15% | -9.33% | -4.82% |
Max Drawdown (5Y)Largest decline over 5 years | -17.94% | -14.33% | -3.61% |
Max Drawdown (10Y)Largest decline over 10 years | -47.77% | -32.10% | -15.67% |
Current DrawdownCurrent decline from peak | -1.08% | -0.67% | -0.41% |
Average DrawdownAverage peak-to-trough decline | -6.63% | -4.02% | -2.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 1.50% | +0.71% |
Volatility
IPFPX vs. IPFCX - Volatility Comparison
Poplar Forest Partners Fund (IPFPX) has a higher volatility of 3.72% compared to Poplar Forest Cornerstone Fund (IPFCX) at 2.37%. This indicates that IPFPX's price experiences larger fluctuations and is considered to be riskier than IPFCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IPFPX | IPFCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.72% | 2.37% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 9.50% | 6.35% | +3.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.78% | 8.40% | +4.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.82% | 11.05% | +4.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.69% | 13.50% | +6.19% |
IPFPX vs. IPFCX - Expense Ratio Comparison
IPFPX has a 0.95% expense ratio, which is higher than IPFCX's 0.90% expense ratio.
Dividends
IPFPX vs. IPFCX - Dividend Comparison
IPFPX's dividend yield for the trailing twelve months is around 7.73%, less than IPFCX's 8.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPFCX Poplar Forest Cornerstone Fund | 8.26% | 9.41% | 7.31% | 4.20% | 8.55% | 12.98% | 1.94% | 7.73% | 5.24% | 2.35% | 3.78% | 4.78% |
IPFPX Poplar Forest Partners Fund | 7.73% | 9.47% | 10.86% | 3.89% | 6.17% | 14.47% | 2.41% | 1.64% | 12.47% | 5.01% | 2.19% | 0.94% |
Frequently Asked Questions
With a correlation of 0.99, IPFPX and IPFCX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
IPFPX has higher volatility (3.72%) compared to IPFCX (2.37%). In terms of maximum drawdown, IPFPX dropped -47.77% vs IPFCX's -32.10%.
IPFPX currently has the higher Sharpe Ratio (2.82 vs 2.71), 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 IPFPX and IPFCX
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