IPHYX vs. IHYAX
Compare and contrast key facts about Voya High Yield Portfolio (IPHYX) and Voya High Yield Bond Fund (IHYAX).
IPHYX is managed by Voya. It was launched on May 3, 2004. IHYAX is managed by Voya. It was launched on Dec 15, 1998.
Performance
IPHYX vs. IHYAX - Performance Comparison
Loading graphics...
IPHYX vs. IHYAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPHYX Voya High Yield Portfolio | -1.15% | 6.80% | 6.74% | 11.47% | -13.75% | 4.15% | 5.66% | 15.24% | -3.18% | 6.24% |
IHYAX Voya High Yield Bond Fund | -1.30% | 6.99% | 6.45% | 10.63% | -13.95% | 3.71% | 5.54% | 14.51% | -3.38% | 5.85% |
Returns By Period
In the year-to-date period, IPHYX achieves a -1.15% return, which is significantly higher than IHYAX's -1.30% return. Over the past 10 years, IPHYX has outperformed IHYAX with an annualized return of 4.62%, while IHYAX has yielded a comparatively lower 4.20% annualized return.
IPHYX
- 1D
- 0.81%
- 1M
- -1.47%
- YTD
- -1.15%
- 6M
- -0.12%
- 1Y
- 4.34%
- 3Y*
- 6.55%
- 5Y*
- 2.50%
- 10Y*
- 4.62%
IHYAX
- 1D
- 0.73%
- 1M
- -1.57%
- YTD
- -1.30%
- 6M
- -0.30%
- 1Y
- 4.44%
- 3Y*
- 6.18%
- 5Y*
- 2.17%
- 10Y*
- 4.20%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IPHYX vs. IHYAX - Expense Ratio Comparison
IPHYX has a 0.73% expense ratio, which is lower than IHYAX's 1.04% expense ratio.
Return for Risk
IPHYX vs. IHYAX — Risk / Return Rank
IPHYX
IHYAX
IPHYX vs. IHYAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya High Yield Portfolio (IPHYX) and Voya High Yield Bond Fund (IHYAX). 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.
| IPHYX | IHYAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.21 | 1.27 | -0.06 |
Sortino ratioReturn per unit of downside risk | 1.73 | 1.73 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.31 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.31 | 1.24 | +0.07 |
Martin ratioReturn relative to average drawdown | 5.81 | 5.02 | +0.79 |
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
| IPHYX | IHYAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 1.27 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.44 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | 0.78 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | 0.98 | +0.04 |
Correlation
The correlation between IPHYX and IHYAX 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
IPHYX vs. IHYAX - Dividend Comparison
IPHYX's dividend yield for the trailing twelve months is around 3.95%, less than IHYAX's 4.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPHYX Voya High Yield Portfolio | 3.95% | 4.47% | 5.90% | 5.68% | 4.36% | 4.26% | 5.03% | 5.14% | 6.03% | 6.82% | 6.44% | 6.32% |
IHYAX Voya High Yield Bond Fund | 4.40% | 4.98% | 5.93% | 4.91% | 5.38% | 4.01% | 5.00% | 5.17% | 5.63% | 5.21% | 5.14% | 5.54% |
Drawdowns
IPHYX vs. IHYAX - Drawdown Comparison
The maximum IPHYX drawdown since its inception was -32.43%, smaller than the maximum IHYAX drawdown of -38.22%. Use the drawdown chart below to compare losses from any high point for IPHYX and IHYAX.
Loading graphics...
Drawdown Indicators
| IPHYX | IHYAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.43% | -38.22% | +5.79% |
Max Drawdown (1Y)Largest decline over 1 year | -3.00% | -2.61% | -0.39% |
Max Drawdown (5Y)Largest decline over 5 years | -17.18% | -17.14% | -0.04% |
Max Drawdown (10Y)Largest decline over 10 years | -20.45% | -20.25% | -0.20% |
Current DrawdownCurrent decline from peak | -1.72% | -1.74% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -2.81% | -2.95% | +0.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.76% | 0.76% | 0.00% |
Volatility
IPHYX vs. IHYAX - Volatility Comparison
Voya High Yield Portfolio (IPHYX) and Voya High Yield Bond Fund (IHYAX) have volatilities of 1.64% and 1.62%, 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
| IPHYX | IHYAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.64% | 1.62% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.37% | 2.42% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.27% | 4.07% | +0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.16% | 5.09% | +0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.51% | 5.46% | +0.05% |