IVGTX vs. IIBAX
Compare and contrast key facts about VY Morgan Stanley Global Franchise Portfolio (IVGTX) and Voya Intermediate Bond Fund (IIBAX).
IVGTX is managed by Voya. It was launched on Apr 30, 2002. IIBAX is managed by Voya. It was launched on Dec 15, 1998.
Performance
IVGTX vs. IIBAX - Performance Comparison
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IVGTX vs. IIBAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVGTX VY Morgan Stanley Global Franchise Portfolio | -13.51% | 0.16% | 8.63% | 16.01% | -17.63% | 21.67% | 13.17% | 29.34% | -2.81% | 25.90% |
IIBAX Voya Intermediate Bond Fund | -0.79% | 6.42% | 2.65% | 7.04% | -15.11% | -1.79% | 7.75% | 9.57% | -0.59% | 4.48% |
Returns By Period
In the year-to-date period, IVGTX achieves a -13.51% return, which is significantly lower than IIBAX's -0.79% return. Over the past 10 years, IVGTX has outperformed IIBAX with an annualized return of 7.12%, while IIBAX has yielded a comparatively lower 1.82% annualized return.
IVGTX
- 1D
- 1.05%
- 1M
- -9.26%
- YTD
- -13.51%
- 6M
- -16.52%
- 1Y
- -15.96%
- 3Y*
- 0.93%
- 5Y*
- 1.58%
- 10Y*
- 7.12%
IIBAX
- 1D
- 0.46%
- 1M
- -2.57%
- YTD
- -0.79%
- 6M
- -0.19%
- 1Y
- 2.87%
- 3Y*
- 3.83%
- 5Y*
- 0.05%
- 10Y*
- 1.82%
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IVGTX vs. IIBAX - Expense Ratio Comparison
IVGTX has a 1.20% expense ratio, which is higher than IIBAX's 0.69% expense ratio.
Return for Risk
IVGTX vs. IIBAX — Risk / Return Rank
IVGTX
IIBAX
IVGTX vs. IIBAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VY Morgan Stanley Global Franchise Portfolio (IVGTX) and Voya Intermediate Bond Fund (IIBAX). 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.
| IVGTX | IIBAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -1.14 | 0.90 | -2.04 |
Sortino ratioReturn per unit of downside risk | -1.68 | 1.30 | -2.98 |
Omega ratioGain probability vs. loss probability | 0.80 | 1.16 | -0.36 |
Calmar ratioReturn relative to maximum drawdown | -0.94 | 1.05 | -1.99 |
Martin ratioReturn relative to average drawdown | -2.59 | 2.88 | -5.47 |
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
| IVGTX | IIBAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.14 | 0.90 | -2.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.01 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.37 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.90 | -0.38 |
Correlation
The correlation between IVGTX and IIBAX is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
IVGTX vs. IIBAX - Dividend Comparison
IVGTX's dividend yield for the trailing twelve months is around 49.48%, more than IIBAX's 3.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVGTX VY Morgan Stanley Global Franchise Portfolio | 49.48% | 42.80% | 10.28% | 8.24% | 10.69% | 8.69% | 8.32% | 11.20% | 17.80% | 7.06% | 10.12% | 14.63% |
IIBAX Voya Intermediate Bond Fund | 3.20% | 3.43% | 4.50% | 4.05% | 1.98% | 2.03% | 4.69% | 3.23% | 2.93% | 2.88% | 2.96% | 2.45% |
Drawdowns
IVGTX vs. IIBAX - Drawdown Comparison
The maximum IVGTX drawdown since its inception was -44.75%, which is greater than IIBAX's maximum drawdown of -20.34%. Use the drawdown chart below to compare losses from any high point for IVGTX and IIBAX.
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Drawdown Indicators
| IVGTX | IIBAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.75% | -20.34% | -24.41% |
Max Drawdown (1Y)Largest decline over 1 year | -20.45% | -3.05% | -17.40% |
Max Drawdown (5Y)Largest decline over 5 years | -26.27% | -20.01% | -6.26% |
Max Drawdown (10Y)Largest decline over 10 years | -30.16% | -20.34% | -9.82% |
Current DrawdownCurrent decline from peak | -19.61% | -3.28% | -16.33% |
Average DrawdownAverage peak-to-trough decline | -5.72% | -2.88% | -2.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.41% | 1.12% | +6.29% |
Volatility
IVGTX vs. IIBAX - Volatility Comparison
VY Morgan Stanley Global Franchise Portfolio (IVGTX) has a higher volatility of 4.05% compared to Voya Intermediate Bond Fund (IIBAX) at 1.74%. This indicates that IVGTX's price experiences larger fluctuations and is considered to be riskier than IIBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IVGTX | IIBAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.05% | 1.74% | +2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 8.92% | 2.72% | +6.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.83% | 4.89% | +10.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.06% | 5.94% | +10.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.45% | 5.00% | +11.45% |