IPIRX vs. GBFFX
Compare and contrast key facts about Voya Global Perspectives Portfolio (IPIRX) and GMO Benchmark-Free Fund (GBFFX).
IPIRX is managed by Voya. It was launched on Apr 30, 2013. GBFFX is managed by GMO. It was launched on Jun 14, 2011.
Performance
IPIRX vs. GBFFX - Performance Comparison
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IPIRX vs. GBFFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPIRX Voya Global Perspectives Portfolio | -1.16% | 14.21% | 7.31% | 10.65% | -17.52% | 6.06% | 16.10% | 18.35% | -9.87% | 15.00% |
GBFFX GMO Benchmark-Free Fund | 5.76% | 24.07% | 0.40% | 15.24% | -3.36% | 4.38% | -3.35% | 13.79% | -7.12% | 17.06% |
Returns By Period
In the year-to-date period, IPIRX achieves a -1.16% return, which is significantly lower than GBFFX's 5.76% return. Over the past 10 years, IPIRX has underperformed GBFFX with an annualized return of 5.64%, while GBFFX has yielded a comparatively higher 6.70% annualized return.
IPIRX
- 1D
- 1.95%
- 1M
- -5.33%
- YTD
- -1.16%
- 6M
- 0.43%
- 1Y
- 12.26%
- 3Y*
- 8.65%
- 5Y*
- 3.08%
- 10Y*
- 5.64%
GBFFX
- 1D
- 1.05%
- 1M
- -2.94%
- YTD
- 5.76%
- 6M
- 12.11%
- 1Y
- 24.44%
- 3Y*
- 13.80%
- 5Y*
- 7.51%
- 10Y*
- 6.70%
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IPIRX vs. GBFFX - Expense Ratio Comparison
IPIRX has a 0.20% expense ratio, which is lower than GBFFX's 0.35% expense ratio.
Return for Risk
IPIRX vs. GBFFX — Risk / Return Rank
IPIRX
GBFFX
IPIRX vs. GBFFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Global Perspectives Portfolio (IPIRX) and GMO Benchmark-Free Fund (GBFFX). 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.
| IPIRX | GBFFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.23 | 3.08 | -1.85 |
Sortino ratioReturn per unit of downside risk | 1.82 | 4.08 | -2.26 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.63 | -0.37 |
Calmar ratioReturn relative to maximum drawdown | 1.26 | 3.94 | -2.69 |
Martin ratioReturn relative to average drawdown | 5.56 | 15.49 | -9.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IPIRX | GBFFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 3.08 | -1.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.94 | -0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.74 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.65 | -0.11 |
Correlation
The correlation between IPIRX and GBFFX is 0.74, 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
IPIRX vs. GBFFX - Dividend Comparison
IPIRX's dividend yield for the trailing twelve months is around 5.71%, more than GBFFX's 4.84% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPIRX Voya Global Perspectives Portfolio | 5.71% | 5.64% | 3.25% | 14.65% | 13.55% | 6.34% | 6.25% | 7.80% | 1.30% | 2.78% | 2.78% | 7.16% |
GBFFX GMO Benchmark-Free Fund | 4.84% | 5.11% | 1.81% | 5.72% | 5.48% | 4.60% | 3.32% | 4.00% | 3.92% | 2.90% | 2.72% | 6.67% |
Drawdowns
IPIRX vs. GBFFX - Drawdown Comparison
The maximum IPIRX drawdown since its inception was -24.97%, smaller than the maximum GBFFX drawdown of -26.62%. Use the drawdown chart below to compare losses from any high point for IPIRX and GBFFX.
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Drawdown Indicators
| IPIRX | GBFFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.97% | -26.62% | +1.65% |
Max Drawdown (1Y)Largest decline over 1 year | -7.88% | -6.04% | -1.84% |
Max Drawdown (5Y)Largest decline over 5 years | -24.97% | -15.91% | -9.06% |
Max Drawdown (10Y)Largest decline over 10 years | -24.97% | -26.62% | +1.65% |
Current DrawdownCurrent decline from peak | -6.09% | -3.58% | -2.51% |
Average DrawdownAverage peak-to-trough decline | -4.89% | -4.42% | -0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 1.56% | +0.46% |
Volatility
IPIRX vs. GBFFX - Volatility Comparison
Voya Global Perspectives Portfolio (IPIRX) has a higher volatility of 4.12% compared to GMO Benchmark-Free Fund (GBFFX) at 3.36%. This indicates that IPIRX's price experiences larger fluctuations and is considered to be riskier than GBFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IPIRX | GBFFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.12% | 3.36% | +0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 6.77% | 5.27% | +1.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.21% | 7.98% | +3.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.76% | 8.02% | +2.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.71% | 9.07% | +0.64% |