IVRSX vs. IIRLX

Last updated Apr 2, 2026

Compare and contrast key facts about VY CBRE Real Estate Portfolio (IVRSX) and Voya Russell Large Cap Index Portfolio (IIRLX).

IVRSX is managed by Voya. It was launched on Jan 24, 1989. IIRLX is managed by Voya. It was launched on Mar 10, 2008.

Performance

IVRSX vs. IIRLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VY CBRE Real Estate Portfolio (IVRSX) and Voya Russell Large Cap Index Portfolio (IIRLX). The values are adjusted to include any dividend payments, if applicable.

IVRSX vs. IIRLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IVRSX VY CBRE Real Estate Portfolio	4.62%	-0.01%	4.32%	14.11%	-27.22%	51.91%	-6.66%	28.15%	-10.29%	5.20%
IIRLX Voya Russell Large Cap Index Portfolio	-5.63%	18.77%	26.95%	29.41%	-20.07%	27.26%	21.71%	31.18%	-3.45%	22.58%

Returns By Period

In the year-to-date period, IVRSX achieves a 4.62% return, which is significantly higher than IIRLX's -5.63% return. Over the past 10 years, IVRSX has underperformed IIRLX with an annualized return of 4.44%, while IIRLX has yielded a comparatively higher 14.51% annualized return.

IVRSX

• 1D: 1.50%
• 1M: -6.12%
• YTD: 4.62%
• 6M: 3.24%
• 1Y: 4.69%
• 3Y*: 6.31%
• 5Y*: 4.13%
• 10Y*: 4.44%

IIRLX

• 1D: 2.99%
• 1M: -4.98%
• YTD: -5.63%
• 6M: -3.30%
• 1Y: 17.35%
• 3Y*: 19.25%
• 5Y*: 12.00%
• 10Y*: 14.51%

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

IVRSX vs. IIRLX - Expense Ratio Comparison

IVRSX has a 0.93% expense ratio, which is higher than IIRLX's 0.36% expense ratio.

IVRSX

VY CBRE Real Estate Portfolio

IIRLX

Voya Russell Large Cap Index Portfolio

Return for Risk

IVRSX vs. IIRLX — Risk / Return Rank

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

IVRSX

IVRSX Risk / Return Rank: 8
IVRSX Sharpe Ratio Rank: 9
IVRSX Sortino Ratio Rank: 9
IVRSX Omega Ratio Rank: 8
IVRSX Calmar Ratio Rank: 6
IVRSX Martin Ratio Rank: 6

IIRLX

IIRLX Risk / Return Rank: 37
IIRLX Sharpe Ratio Rank: 48
IIRLX Sortino Ratio Rank: 59
IIRLX Omega Ratio Rank: 54
IIRLX Calmar Ratio Rank: 10
IIRLX Martin Ratio Rank: 11

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.

IVRSX vs. IIRLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VY CBRE Real Estate Portfolio (IVRSX) and Voya Russell Large Cap Index Portfolio (IIRLX). 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.

	IVRSX	IIRLX	Difference
Sharpe ratio Return per unit of total volatility	0.29	1.02	-0.72
Sortino ratio Return per unit of downside risk	0.54	1.65	-1.11
Omega ratio Gain probability vs. loss probability	1.07	1.23	-0.16
Calmar ratio Return relative to maximum drawdown	0.17	0.34	-0.17
Martin ratio Return relative to average drawdown	0.56	1.26	-0.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IVRSX vs. IIRLX - Sharpe Ratio Comparison

The current IVRSX Sharpe Ratio is 0.29, which is lower than the IIRLX Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of IVRSX and IIRLX, 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

	IVRSX	IIRLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.29	1.02	-0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.70	-0.49
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	0.80	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.57	-0.23

Correlation

The correlation between IVRSX and IIRLX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IVRSX vs. IIRLX - Dividend Comparison

IVRSX's dividend yield for the trailing twelve months is around 4.70%, more than IIRLX's 3.99% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVRSX VY CBRE Real Estate Portfolio	4.70%	2.74%	2.50%	8.77%	26.34%	1.46%	13.92%	2.44%	11.42%	2.07%	1.57%	1.31%
IIRLX Voya Russell Large Cap Index Portfolio	3.99%	3.76%	0.96%	1.14%	5.04%	4.77%	4.71%	4.35%	1.73%	1.47%	1.77%	1.66%

Drawdowns

IVRSX vs. IIRLX - Drawdown Comparison

The maximum IVRSX drawdown since its inception was -73.77%, which is greater than IIRLX's maximum drawdown of -50.33%. Use the drawdown chart below to compare losses from any high point for IVRSX and IIRLX.

Drawdown Indicators

	IVRSX	IIRLX	Difference
Max Drawdown Largest peak-to-trough decline	-73.77%	-50.33%	-23.44%
Max Drawdown (1Y) Largest decline over 1 year	-12.85%	-11.99%	-0.86%
Max Drawdown (5Y) Largest decline over 5 years	-34.51%	-25.83%	-8.68%
Max Drawdown (10Y) Largest decline over 10 years	-45.19%	-32.60%	-12.59%
Current Drawdown Current decline from peak	-9.36%	-7.13%	-2.23%
Average Drawdown Average peak-to-trough decline	-11.97%	-6.83%	-5.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.71%	5.21%	-0.50%

Volatility

IVRSX vs. IIRLX - Volatility Comparison

The current volatility for VY CBRE Real Estate Portfolio (IVRSX) is 4.54%, while Voya Russell Large Cap Index Portfolio (IIRLX) has a volatility of 5.44%. This indicates that IVRSX experiences smaller price fluctuations and is considered to be less risky than IIRLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVRSX	IIRLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	5.44%	-0.90%
Volatility (6M) Calculated over the trailing 6-month period	9.23%	9.67%	-0.44%
Volatility (1Y) Calculated over the trailing 1-year period	18.01%	19.91%	-1.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.65%	17.61%	+2.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.54%	18.41%	+3.13%