IPHYX vs. PEY
Compare and contrast key facts about Voya High Yield Portfolio (IPHYX) and Invesco High Yield Equity Dividend Achievers™ ETF (PEY).
IPHYX is managed by Voya. It was launched on May 3, 2004. PEY is a passively managed fund by Invesco that tracks the performance of the Dividend Achiever 50 Index. It was launched on Dec 9, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IPHYX or PEY.
Correlation
The correlation between IPHYX and PEY is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IPHYX vs. PEY - Performance Comparison
Key characteristics
IPHYX:
2.96
PEY:
1.20
IPHYX:
4.93
PEY:
1.80
IPHYX:
1.72
PEY:
1.21
IPHYX:
3.35
PEY:
1.76
IPHYX:
17.02
PEY:
4.74
IPHYX:
0.54%
PEY:
3.50%
IPHYX:
3.13%
PEY:
13.85%
IPHYX:
-32.46%
PEY:
-72.81%
IPHYX:
0.00%
PEY:
-5.07%
Returns By Period
In the year-to-date period, IPHYX achieves a 1.34% return, which is significantly lower than PEY's 2.65% return. Over the past 10 years, IPHYX has underperformed PEY with an annualized return of 4.48%, while PEY has yielded a comparatively higher 9.32% annualized return.
IPHYX
1.34%
1.10%
4.12%
9.14%
3.29%
4.48%
PEY
2.65%
1.51%
4.66%
14.18%
7.41%
9.32%
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IPHYX vs. PEY - Expense Ratio Comparison
IPHYX has a 0.73% expense ratio, which is higher than PEY's 0.53% expense ratio.
Risk-Adjusted Performance
IPHYX vs. PEY — Risk-Adjusted Performance Rank
IPHYX
PEY
IPHYX vs. PEY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya High Yield Portfolio (IPHYX) and Invesco High Yield Equity Dividend Achievers™ ETF (PEY). 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.
Dividends
IPHYX vs. PEY - Dividend Comparison
IPHYX's dividend yield for the trailing twelve months is around 6.35%, more than PEY's 4.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPHYX Voya High Yield Portfolio | 6.35% | 6.42% | 6.20% | 5.79% | 5.11% | 5.04% | 5.15% | 6.04% | 6.84% | 6.46% | 6.31% | 6.28% |
PEY Invesco High Yield Equity Dividend Achievers™ ETF | 4.35% | 4.44% | 4.58% | 4.21% | 3.82% | 4.30% | 3.79% | 4.34% | 3.22% | 3.12% | 3.44% | 3.24% |
Drawdowns
IPHYX vs. PEY - Drawdown Comparison
The maximum IPHYX drawdown since its inception was -32.46%, smaller than the maximum PEY drawdown of -72.81%. Use the drawdown chart below to compare losses from any high point for IPHYX and PEY. For additional features, visit the drawdowns tool.
Volatility
IPHYX vs. PEY - Volatility Comparison
The current volatility for Voya High Yield Portfolio (IPHYX) is 0.74%, while Invesco High Yield Equity Dividend Achievers™ ETF (PEY) has a volatility of 3.21%. This indicates that IPHYX experiences smaller price fluctuations and is considered to be less risky than PEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.