IVGSX vs. ACTIX

Last updated Aug 5, 2026

IVGSX (VY Invesco Growth and Income Portfolio) and ACTIX (Advisors Capital Tactical Fixed Income Fund) are both Large Cap Value Equities funds. Over the past 5 years, IVGSX returned 11.35%/yr vs 0.36%/yr for ACTIX. Their 0.38 correlation means their historical movements had little consistent relationship. IVGSX charges 0.86%/yr vs 2.09%/yr for ACTIX.

Performance

IVGSX vs. ACTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VY Invesco Growth and Income Portfolio (IVGSX) and Advisors Capital Tactical Fixed Income Fund (ACTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IVGSX achieves a 11.92% return, which is significantly higher than ACTIX's -0.73% return.

IVGSX

• 1D: 1.32%
• 1M: 3.02%
• 6M: 7.46%
• YTD: 11.92%
• 1Y: 21.42%
• 3Y*: 16.60%
• 5Y*: 11.35%
• 10Y*: 11.13%
• ALL TIME*: 9.16%

ACTIX

• 1D: 0.21%
• 1M: -1.15%
• 6M: -0.94%
• YTD: -0.73%
• 1Y: 1.05%
• 3Y*: 4.05%
• 5Y*: 0.36%
• 10Y*: —
• ALL TIME*: 0.80%

*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)
ACTIX Advisors Capital Tactical Fixed Income Fund	$0.00	$0.00	$0.00
IVGSX VY Invesco Growth and Income Portfolio	$0.00	$0.00	$0.00

IVGSX vs. ACTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IVGSX VY Invesco Growth and Income Portfolio	11.92%	15.07%	16.21%	12.41%	-5.95%	15.69%
ACTIX Advisors Capital Tactical Fixed Income Fund	-0.73%	6.08%	3.07%	5.97%	-9.94%	0.75%

Correlation

The correlation between IVGSX and ACTIX is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.40
Correlation (3Y) Balances recent behavior with more history.	0.37
Correlation (5Y) Shows whether the relationship held over a longer period.	0.39
Correlation (All Time) Calculated using the full available price history since Mar 25, 2021	0.38

Return for Risk

IVGSX vs. ACTIX — Risk / Return Rank

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

IVGSX

IVGSX Risk / Return Rank: 70
IVGSX Sharpe Ratio Rank: 64
IVGSX Sortino Ratio Rank: 58
IVGSX Omega Ratio Rank: 62
IVGSX Calmar Ratio Rank: 81
IVGSX Martin Ratio Rank: 85

ACTIX

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

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.

IVGSX vs. ACTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VY Invesco Growth and Income Portfolio (IVGSX) and Advisors Capital Tactical Fixed Income Fund (ACTIX). 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.

	IVGSX	ACTIX	Difference
Sharpe ratio: Return per unit of total volatility	1.78	0.35	+1.43
Sortino ratio: Return per unit of downside risk	2.43	0.52	+1.91
Omega ratio: Gain probability vs. loss probability	1.33	1.06	+0.26
Calmar ratio: Return relative to maximum drawdown	3.02	0.44	+2.59
Martin ratio: Return relative to average drawdown	12.10	1.28	+10.82

IVGSX vs. ACTIX - Sharpe Ratio Comparison

The current IVGSX Sharpe Ratio is 1.78, which is higher than the ACTIX Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of IVGSX and ACTIX, 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

IVGSX vs. ACTIX - Drawdown Comparison

The maximum IVGSX drawdown since its inception was -53.48%, which is greater than ACTIX's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for IVGSX and ACTIX.

Drawdown Indicators

	IVGSX	ACTIX	Difference
Max Drawdown Largest peak-to-trough decline	-53.48%	-14.29%	-39.19%
Max Drawdown (1Y) Largest decline over 1 year	-7.44%	-2.90%	-4.54%
Max Drawdown (3Y) Largest decline over 3 years	-18.87%	-3.95%	-14.92%
Max Drawdown (5Y) Largest decline over 5 years	-19.19%	-14.13%	-5.06%
Max Drawdown (10Y) Largest decline over 10 years	-41.77%	—	—
Current Drawdown Current decline from peak	0.00%	-1.87%	+1.87%
Average Drawdown Average peak-to-trough decline	-8.06%	-4.89%	-3.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	0.99%	+0.83%

Volatility

IVGSX vs. ACTIX - Volatility Comparison

VY Invesco Growth and Income Portfolio (IVGSX) has a higher volatility of 3.30% compared to Advisors Capital Tactical Fixed Income Fund (ACTIX) at 0.97%. This indicates that IVGSX's price experiences larger fluctuations and is considered to be riskier than ACTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVGSX	ACTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.30%	0.97%	+2.33%
Volatility (6M) Calculated over the trailing 6-month period	9.97%	2.97%	+7.00%
Volatility (1Y) Calculated over the trailing 1-year period	12.67%	3.61%	+9.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.02%	4.70%	+13.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.75%	4.58%	+15.17%

IVGSX vs. ACTIX - Expense Ratio Comparison

IVGSX has a 0.86% expense ratio, which is lower than ACTIX's 2.09% expense ratio.

Dividends

IVGSX vs. ACTIX - Dividend Comparison

IVGSX's dividend yield for the trailing twelve months is around 7.66%, more than ACTIX's 3.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACTIX Advisors Capital Tactical Fixed Income Fund	3.11%	3.09%	3.18%	2.44%	1.10%	0.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IVGSX VY Invesco Growth and Income Portfolio	7.66%	23.56%	12.62%	8.61%	16.88%	1.23%	10.39%	14.94%	14.37%	7.34%	13.02%	21.04%

Frequently Asked Questions

Can I hold both IVGSX and ACTIX in my portfolio?

IVGSX and ACTIX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IVGSX or ACTIX?

IVGSX has higher volatility (3.30%) compared to ACTIX (0.97%). In terms of maximum drawdown, IVGSX dropped -53.48% vs ACTIX's -14.29%.

Which has better risk-adjusted returns?

IVGSX currently has the higher Sharpe Ratio (1.78 vs 0.35), 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.