IPIRX vs. IMCDX
IPIRX (Voya Global Perspectives Portfolio) and IMCDX (Voya Emerging Markets Corporate Debt Fund) are both mutual funds - IPIRX is a Global Allocation fund managed by Voya, while IMCDX is a Emerging Markets Bonds fund managed by Voya. At a 0.32 correlation, their price movements are largely independent. IPIRX charges 0.20%/yr vs 0.10%/yr for IMCDX.
Performance
IPIRX vs. IMCDX - Performance Comparison
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Returns By Period
IPIRX
- 1D
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- 1M
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- YTD
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- 6M
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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IMCDX
- 1D
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- 1M
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- YTD
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- 6M
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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IPIRX vs. IMCDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPIRX Voya Global Perspectives Portfolio | 6.84% | 14.21% | 7.31% | 10.65% | -17.52% | 6.06% | 16.10% | 18.35% | -9.87% | 15.00% |
IMCDX Voya Emerging Markets Corporate Debt Fund | 0.00% | 0.00% | 6.44% | 8.51% | -13.79% | 0.08% | 8.35% | 13.65% | -1.77% | 9.40% |
Correlation
The correlation between IPIRX and IMCDX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.32 |
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Return for Risk
IPIRX vs. IMCDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Global Perspectives Portfolio (IPIRX) and Voya Emerging Markets Corporate Debt Fund (IMCDX). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
IPIRX vs. IMCDX - Drawdown Comparison
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Volatility
IPIRX vs. IMCDX - Volatility Comparison
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IPIRX vs. IMCDX - Expense Ratio Comparison
IPIRX has a 0.20% expense ratio, which is higher than IMCDX's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IPIRX vs. IMCDX - Dividend Comparison
IPIRX's dividend yield for the trailing twelve months is around 44.20%, while IMCDX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMCDX Voya Emerging Markets Corporate Debt Fund | 0.00% | 0.00% | 4.08% | 4.21% | 3.80% | 6.14% | 4.64% | 4.99% | 5.30% | 4.79% | 5.22% | 5.11% |
IPIRX Voya Global Perspectives Portfolio | 44.20% | 5.64% | 3.25% | 14.65% | 13.55% | 6.34% | 6.25% | 7.80% | 1.30% | 2.78% | 2.78% | 7.16% |
Frequently Asked Questions
IPIRX and IMCDX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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