ISFIX vs. INGIX

Last updated Aug 4, 2026

ISFIX (VY Columbia Contrarian Core Portfolio) and INGIX (Voya U.S. Stock Index Portfolio) are both Large Cap Blend Equities funds from Voya. Over the past 10 years, ISFIX returned 18.99%/yr vs 14.73%/yr for INGIX. Their correlation of 0.91 means they have usually moved in the same direction. ISFIX charges 0.73%/yr vs 0.27%/yr for INGIX.

Performance

ISFIX vs. INGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VY Columbia Contrarian Core Portfolio (ISFIX) and Voya U.S. Stock Index Portfolio (INGIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with ISFIX having a 9.81% return and INGIX slightly higher at 10.25%. Over the past 10 years, ISFIX has outperformed INGIX with an annualized return of 18.99%, while INGIX has yielded a comparatively lower 14.73% annualized return.

ISFIX

• 1D: 0.94%
• 1M: 0.54%
• 6M: 8.87%
• YTD: 9.81%
• 1Y: 17.03%
• 3Y*: 19.09%
• 5Y*: 12.53%
• 10Y*: 18.99%
• ALL TIME*: 10.99%

INGIX

• 1D: 0.71%
• 1M: 0.38%
• 6M: 8.09%
• YTD: 10.25%
• 1Y: 17.92%
• 3Y*: 18.64%
• 5Y*: 12.29%
• 10Y*: 14.73%
• ALL TIME*: 8.55%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
INGIX Voya U.S. Stock Index Portfolio	$0.00	$0.00	$0.00
ISFIX VY Columbia Contrarian Core Portfolio	$0.00	$0.00	$0.00

ISFIX vs. INGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ISFIX VY Columbia Contrarian Core Portfolio	9.81%	17.39%	23.33%	31.94%	-18.25%	24.31%	21.81%	91.56%	-8.72%	21.97%
INGIX Voya U.S. Stock Index Portfolio	10.25%	15.88%	24.71%	26.04%	-18.40%	28.33%	18.07%	31.15%	-4.62%	21.49%

Correlation

The correlation between ISFIX and INGIX is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.97
Correlation (3Y) Balances recent behavior with more history.	0.98
Correlation (5Y) Shows whether the relationship held over a longer period.	0.98
Correlation (10Y) Provides a long-term view across more market conditions.	0.98
Correlation (All Time) Calculated using the full available price history since Jan 3, 2002	0.91

The correlation between ISFIX and INGIX has been stable across timeframes, ranging from 0.91 to 0.98 - a consistent structural relationship.

Return for Risk

ISFIX vs. INGIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ISFIX

ISFIX Risk / Return Rank: 42
ISFIX Sharpe Ratio Rank: 43
ISFIX Sortino Ratio Rank: 41
ISFIX Omega Ratio Rank: 40
ISFIX Calmar Ratio Rank: 42
ISFIX Martin Ratio Rank: 46

INGIX

INGIX Risk / Return Rank: 43
INGIX Sharpe Ratio Rank: 31
INGIX Sortino Ratio Rank: 32
INGIX Omega Ratio Rank: 42
INGIX Calmar Ratio Rank: 52
INGIX Martin Ratio Rank: 57

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ISFIX vs. INGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VY Columbia Contrarian Core Portfolio (ISFIX) and Voya U.S. Stock Index Portfolio (INGIX). 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.

	ISFIX	INGIX	Difference
Sharpe ratio: Return per unit of total volatility	1.37	1.11	+0.26
Sortino ratio: Return per unit of downside risk	1.94	1.65	+0.30
Omega ratio: Gain probability vs. loss probability	1.24	1.25	-0.01
Calmar ratio: Return relative to maximum drawdown	1.84	2.05	-0.20
Martin ratio: Return relative to average drawdown	6.98	8.13	-1.14

ISFIX vs. INGIX - Sharpe Ratio Comparison

The current ISFIX Sharpe Ratio is 1.37, which is comparable to the INGIX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of ISFIX and INGIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ISFIX vs. INGIX - Drawdown Comparison

The maximum ISFIX drawdown since its inception was -57.61%, roughly equal to the maximum INGIX drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for ISFIX and INGIX.

Drawdown Indicators

	ISFIX	INGIX	Difference
Max Drawdown Largest peak-to-trough decline	-57.61%	-55.38%	-2.23%
Max Drawdown (1Y) Largest decline over 1 year	-10.06%	-9.53%	-0.53%
Max Drawdown (3Y) Largest decline over 3 years	-20.18%	-19.08%	-1.10%
Max Drawdown (5Y) Largest decline over 5 years	-24.00%	-24.69%	+0.69%
Max Drawdown (10Y) Largest decline over 10 years	-32.51%	-33.84%	+1.33%
Current Drawdown Current decline from peak	-1.02%	-1.20%	+0.18%
Average Drawdown Average peak-to-trough decline	-8.09%	-8.13%	+0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	2.31%	+0.25%

Volatility

ISFIX vs. INGIX - Volatility Comparison

VY Columbia Contrarian Core Portfolio (ISFIX) has a higher volatility of 3.85% compared to Voya U.S. Stock Index Portfolio (INGIX) at 3.56%. This indicates that ISFIX's price experiences larger fluctuations and is considered to be riskier than INGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ISFIX	INGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.85%	3.56%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	10.48%	15.15%	-4.67%
Volatility (1Y) Calculated over the trailing 1-year period	13.54%	17.58%	-4.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.66%	18.12%	-0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.95%	18.61%	+4.34%

ISFIX vs. INGIX - Expense Ratio Comparison

ISFIX has a 0.73% expense ratio, which is higher than INGIX's 0.27% expense ratio.

Dividends

ISFIX vs. INGIX - Dividend Comparison

ISFIX's dividend yield for the trailing twelve months is around 7.29%, less than INGIX's 64.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INGIX Voya U.S. Stock Index Portfolio	64.72%	10.66%	9.12%	11.02%	12.95%	10.29%	5.21%	6.82%	8.29%	6.30%	7.74%	11.51%
ISFIX VY Columbia Contrarian Core Portfolio	7.29%	8.00%	2.11%	43.85%	20.76%	11.30%	2.65%	77.40%	13.78%	6.74%	13.24%	13.56%

Frequently Asked Questions

Can I hold both ISFIX and INGIX in my portfolio?

With a correlation of 0.97, ISFIX and INGIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ISFIX or INGIX?

ISFIX has higher volatility (3.85%) compared to INGIX (3.56%). In terms of maximum drawdown, ISFIX dropped -57.61% vs INGIX's -55.38%.

Which has better risk-adjusted returns?

ISFIX currently has the higher Sharpe Ratio (1.37 vs 1.11), 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.