IPIIX vs. LCTRX
IPIIX (Voya Intermediate Bond Portfolio) and LCTRX (Leader Capital High Quality Floating Rate Fund Investor Shares) are both Intermediate Core-Plus Bond funds. Over the past 10 years, IPIIX returned 1.68%/yr vs 4.78%/yr for LCTRX. Their 0.18 correlation means their historical movements had little consistent relationship. IPIIX charges 0.55%/yr vs 2.33%/yr for LCTRX.
Performance
IPIIX vs. LCTRX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IPIIX achieves a -0.22% return, which is significantly lower than LCTRX's 1.32% return. Over the past 10 years, IPIIX has underperformed LCTRX with an annualized return of 1.68%, while LCTRX has yielded a comparatively higher 4.78% annualized return.
IPIIX
- 1D
- 0.09%
- 1M
- -1.37%
- 6M
- -0.62%
- YTD
- -0.22%
- 1Y
- 2.26%
- 3Y*
- 4.09%
- 5Y*
- -0.46%
- 10Y*
- 1.68%
- ALL TIME*
- 1.73%
LCTRX
- 1D
- -0.09%
- 1M
- -0.91%
- 6M
- 0.81%
- YTD
- 1.32%
- 1Y
- 3.42%
- 3Y*
- 5.16%
- 5Y*
- 4.83%
- 10Y*
- 4.78%
- ALL TIME*
- 3.76%
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 |
IPIIX vs. LCTRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPIIX Voya Intermediate Bond Portfolio | -0.22% | 6.87% | 2.44% | 6.47% | -15.06% | -1.42% | 7.84% | 9.87% | -0.52% | 5.05% |
LCTRX Leader Capital High Quality Floating Rate Fund Investor Shares | 1.32% | 4.72% | 6.03% | 8.26% | 2.22% | 1.99% | 12.07% | 1.15% | 6.01% | 4.28% |
Correlation
The correlation between IPIIX and LCTRX is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2010 | 0.18 |
Over the past year, IPIIX and LCTRX have become more correlated (0.60) than their long-term average of 0.18, meaning their price movements have been converging.
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
IPIIX vs. LCTRX — Risk / Return Rank
IPIIX
LCTRX
IPIIX vs. LCTRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Intermediate Bond Portfolio (IPIIX) and Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX). 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.
| IPIIX | LCTRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -2.55 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.55 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | 0.99 | 3.33 | -2.35 |
| Martin ratioReturn relative to average drawdown | 2.55 | 12.65 | -10.10 |
Loading charts...
Drawdowns
IPIIX vs. LCTRX - Drawdown Comparison
The maximum IPIIX drawdown since its inception was -35.19%, which is greater than LCTRX's maximum drawdown of -26.09%. Use the drawdown chart below to compare losses from any high point for IPIIX and LCTRX.
Loading charts...
Drawdown Indicators
| IPIIX | LCTRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.19% | -26.09% | -9.10% |
Max Drawdown (1Y)Largest decline over 1 year | -3.04% | -1.17% | -1.87% |
Max Drawdown (3Y)Largest decline over 3 years | -5.54% | -1.33% | -4.21% |
Max Drawdown (5Y)Largest decline over 5 years | -20.16% | -3.82% | -16.34% |
Max Drawdown (10Y)Largest decline over 10 years | -20.28% | -23.93% | +3.65% |
Current DrawdownCurrent decline from peak | -2.70% | -0.91% | -1.79% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -4.08% | -3.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 0.31% | +0.83% |
Volatility
IPIIX vs. LCTRX - Volatility Comparison
Voya Intermediate Bond Portfolio (IPIIX) has a higher volatility of 1.16% compared to Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX) at 0.63%. This indicates that IPIIX's price experiences larger fluctuations and is considered to be riskier than LCTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IPIIX | LCTRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.16% | 0.63% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 3.75% | 1.58% | +2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.62% | 2.04% | +2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.93% | 2.25% | +3.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.01% | 6.28% | -1.27% |
IPIIX vs. LCTRX - Expense Ratio Comparison
IPIIX has a 0.55% expense ratio, which is lower than LCTRX's 2.33% expense ratio.
Dividends
IPIIX vs. LCTRX - Dividend Comparison
IPIIX's dividend yield for the trailing twelve months is around 3.60%, less than LCTRX's 4.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPIIX Voya Intermediate Bond Portfolio | 3.60% | 3.85% | 4.29% | 3.32% | 2.54% | 2.48% | 5.67% | 3.46% | 3.71% | 3.35% | 3.20% | 3.65% |
LCTRX Leader Capital High Quality Floating Rate Fund Investor Shares | 4.87% | 5.53% | 5.57% | 5.31% | 2.18% | 1.69% | 1.17% | 2.40% | 3.31% | 2.09% | 0.00% | 0.00% |
Frequently Asked Questions
IPIIX and LCTRX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IPIIX has higher volatility (1.16%) compared to LCTRX (0.63%). In terms of maximum drawdown, IPIIX dropped -35.19% vs LCTRX's -26.09%.
LCTRX currently has the higher Sharpe Ratio (1.92 vs 0.65), 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 IPIIX and LCTRX
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