IUAIX vs. IEDAX

Last updated Apr 1, 2026

Compare and contrast key facts about VY Invesco Equity and Income Portfolio (IUAIX) and Voya Large Cap Value Fund (IEDAX).

IUAIX is managed by Voya. It was launched on Dec 9, 2001. IEDAX is managed by Voya. It was launched on Dec 18, 2007.

Performance

IUAIX vs. IEDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VY Invesco Equity and Income Portfolio (IUAIX) and Voya Large Cap Value Fund (IEDAX). The values are adjusted to include any dividend payments, if applicable.

IUAIX vs. IEDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IUAIX VY Invesco Equity and Income Portfolio	-1.16%	10.78%	11.87%	10.24%	-7.48%	18.85%	9.99%	20.06%	-9.44%	10.92%
IEDAX Voya Large Cap Value Fund	-5.90%	12.42%	16.47%	13.26%	-3.86%	26.38%	5.53%	35.63%	-8.29%	13.36%

Returns By Period

In the year-to-date period, IUAIX achieves a -1.16% return, which is significantly higher than IEDAX's -5.90% return. Over the past 10 years, IUAIX has underperformed IEDAX with an annualized return of 8.61%, while IEDAX has yielded a comparatively higher 11.18% annualized return.

IUAIX

• 1D: -0.33%
• 1M: -5.32%
• YTD: -1.16%
• 6M: 0.67%
• 1Y: 9.42%
• 3Y*: 10.38%
• 5Y*: 6.40%
• 10Y*: 8.61%

IEDAX

• 1D: -0.28%
• 1M: -8.14%
• YTD: -5.90%
• 6M: -2.15%
• 1Y: 2.54%
• 3Y*: 10.82%
• 5Y*: 8.70%
• 10Y*: 11.18%

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

IUAIX vs. IEDAX - Expense Ratio Comparison

IUAIX has a 0.64% expense ratio, which is lower than IEDAX's 1.10% expense ratio.

IEDAX

Voya Large Cap Value Fund

IUAIX

VY Invesco Equity and Income Portfolio

Return for Risk

IUAIX vs. IEDAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IUAIX

IUAIX Risk / Return Rank: 29
IUAIX Sharpe Ratio Rank: 37
IUAIX Sortino Ratio Rank: 37
IUAIX Omega Ratio Rank: 38
IUAIX Calmar Ratio Rank: 15
IUAIX Martin Ratio Rank: 16

IEDAX

IEDAX Risk / Return Rank: 8
IEDAX Sharpe Ratio Rank: 9
IEDAX Sortino Ratio Rank: 8
IEDAX Omega Ratio Rank: 8
IEDAX Calmar Ratio Rank: 7
IEDAX Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IUAIX vs. IEDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VY Invesco Equity and Income Portfolio (IUAIX) and Voya Large Cap Value Fund (IEDAX). 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.

	IUAIX	IEDAX	Difference
Sharpe ratio Return per unit of total volatility	0.82	0.17	+0.64
Sortino ratio Return per unit of downside risk	1.23	0.35	+0.87
Omega ratio Gain probability vs. loss probability	1.18	1.05	+0.13
Calmar ratio Return relative to maximum drawdown	0.42	0.02	+0.40
Martin ratio Return relative to average drawdown	1.54	0.10	+1.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IUAIX vs. IEDAX - Sharpe Ratio Comparison

The current IUAIX Sharpe Ratio is 0.82, which is higher than the IEDAX Sharpe Ratio of 0.17. The chart below compares the historical Sharpe Ratios of IUAIX and IEDAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IUAIX	IEDAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	0.17	+0.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.52	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.60	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.45	+0.04

Correlation

The correlation between IUAIX and IEDAX is 0.95, 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

IUAIX vs. IEDAX - Dividend Comparison

IUAIX's dividend yield for the trailing twelve months is around 38.01%, more than IEDAX's 8.53% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IUAIX VY Invesco Equity and Income Portfolio	38.01%	37.57%	10.65%	7.88%	18.93%	2.55%	5.81%	7.37%	9.59%	4.57%	6.14%	11.24%
IEDAX Voya Large Cap Value Fund	8.53%	8.03%	15.43%	10.92%	8.06%	16.02%	9.13%	17.61%	11.75%	11.03%	1.89%	8.59%

Drawdowns

IUAIX vs. IEDAX - Drawdown Comparison

The maximum IUAIX drawdown since its inception was -39.25%, smaller than the maximum IEDAX drawdown of -47.31%. Use the drawdown chart below to compare losses from any high point for IUAIX and IEDAX.

Drawdown Indicators

	IUAIX	IEDAX	Difference
Max Drawdown Largest peak-to-trough decline	-39.25%	-47.31%	+8.06%
Max Drawdown (1Y) Largest decline over 1 year	-8.76%	-12.05%	+3.29%
Max Drawdown (5Y) Largest decline over 5 years	-16.56%	-22.40%	+5.84%
Max Drawdown (10Y) Largest decline over 10 years	-29.60%	-39.36%	+9.76%
Current Drawdown Current decline from peak	-5.53%	-10.04%	+4.51%
Average Drawdown Average peak-to-trough decline	-5.63%	-6.54%	+0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.35%	3.58%	-0.23%

Volatility

IUAIX vs. IEDAX - Volatility Comparison

The current volatility for VY Invesco Equity and Income Portfolio (IUAIX) is 2.91%, while Voya Large Cap Value Fund (IEDAX) has a volatility of 3.89%. This indicates that IUAIX experiences smaller price fluctuations and is considered to be less risky than IEDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUAIX	IEDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.91%	3.89%	-0.98%
Volatility (6M) Calculated over the trailing 6-month period	6.29%	8.41%	-2.12%
Volatility (1Y) Calculated over the trailing 1-year period	12.78%	15.52%	-2.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.47%	17.18%	-5.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.83%	18.79%	-5.96%