NLCAX vs. LEXCX
NLCAX (Voya Large-Cap Growth Fund) and LEXCX (Voya Corporate Leaders Trust Fund) are both mutual funds - NLCAX is a Large Cap Growth Equities fund managed by Voya, while LEXCX is a Large Cap Value Equities fund managed by Voya. Over the past 10 years, NLCAX returned 15.90%/yr vs 11.73%/yr for LEXCX. A 0.66 correlation means they provide meaningful diversification when combined. NLCAX charges 0.97%/yr vs 0.52%/yr for LEXCX.
Performance
NLCAX vs. LEXCX - Performance Comparison
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Returns By Period
In the year-to-date period, NLCAX achieves a 6.77% return, which is significantly lower than LEXCX's 15.98% return. Over the past 10 years, NLCAX has outperformed LEXCX with an annualized return of 15.90%, while LEXCX has yielded a comparatively lower 11.73% annualized return.
NLCAX
- 1D
- -0.78%
- 1M
- -0.31%
- YTD
- 6.77%
- 6M
- 5.38%
- 1Y
- 21.06%
- 3Y*
- 22.49%
- 5Y*
- 11.18%
- 10Y*
- 15.90%
LEXCX
- 1D
- 0.86%
- 1M
- -2.86%
- YTD
- 15.98%
- 6M
- 15.38%
- 1Y
- 18.10%
- 3Y*
- 13.73%
- 5Y*
- 11.28%
- 10Y*
- 11.73%
NLCAX vs. LEXCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NLCAX Voya Large-Cap Growth Fund | 6.77% | 14.63% | 34.62% | 37.74% | -31.26% | 18.63% | 30.75% | 32.35% | -1.91% | 29.29% |
LEXCX Voya Corporate Leaders Trust Fund | 15.98% | 7.04% | 3.60% | 14.53% | 3.95% | 26.77% | 4.36% | 21.43% | -5.44% | 16.61% |
Correlation
The correlation between NLCAX and LEXCX is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 1997 | 0.66 |
The correlation between NLCAX and LEXCX shifts across timeframes, from -0.15 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NLCAX vs. LEXCX — Risk / Return Rank
NLCAX
LEXCX
NLCAX vs. LEXCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Large-Cap Growth Fund (NLCAX) and Voya Corporate Leaders Trust Fund (LEXCX). 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.
| NLCAX | LEXCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.27 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.40 | 3.36 | -1.96 |
| Martin ratioReturn relative to average drawdown | 4.57 | 8.21 | -3.64 |
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Drawdowns
NLCAX vs. LEXCX - Drawdown Comparison
The maximum NLCAX drawdown since its inception was -76.45%, which is greater than LEXCX's maximum drawdown of -50.42%. Use the drawdown chart below to compare losses from any high point for NLCAX and LEXCX.
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Drawdown Indicators
| NLCAX | LEXCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.45% | -50.42% | -26.03% |
Max Drawdown (1Y)Largest decline over 1 year | -17.52% | -6.22% | -11.30% |
Max Drawdown (3Y)Largest decline over 3 years | -24.76% | -14.03% | -10.73% |
Max Drawdown (5Y)Largest decline over 5 years | -35.36% | -19.75% | -15.61% |
Max Drawdown (10Y)Largest decline over 10 years | -35.36% | -39.21% | +3.85% |
Current DrawdownCurrent decline from peak | -3.78% | -4.80% | +1.02% |
Average DrawdownAverage peak-to-trough decline | -31.22% | -7.11% | -24.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.16% | 2.50% | +2.66% |
Volatility
NLCAX vs. LEXCX - Volatility Comparison
Voya Large-Cap Growth Fund (NLCAX) has a higher volatility of 6.91% compared to Voya Corporate Leaders Trust Fund (LEXCX) at 4.61%. This indicates that NLCAX's price experiences larger fluctuations and is considered to be riskier than LEXCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NLCAX | LEXCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.91% | 4.61% | +2.30% |
Volatility (6M)Calculated over the trailing 6-month period | 13.87% | 10.95% | +2.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.52% | 14.09% | +3.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.31% | 16.52% | +5.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.37% | 19.02% | +2.35% |
NLCAX vs. LEXCX - Expense Ratio Comparison
NLCAX has a 0.97% expense ratio, which is higher than LEXCX's 0.52% expense ratio.
Dividends
NLCAX vs. LEXCX - Dividend Comparison
NLCAX's dividend yield for the trailing twelve months is around 15.14%, more than LEXCX's 1.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEXCX Voya Corporate Leaders Trust Fund | 1.42% | 1.65% | 1.66% | 1.58% | 1.65% | 1.54% | 1.91% | 1.86% | 2.03% | 1.79% | 3.93% | 2.37% |
NLCAX Voya Large-Cap Growth Fund | 15.14% | 16.16% | 4.69% | 0.00% | 24.97% | 18.15% | 13.40% | 4.61% | 7.42% | 5.86% | 5.52% | 7.37% |
Frequently Asked Questions
NLCAX and LEXCX have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NLCAX has higher volatility (6.91%) compared to LEXCX (4.61%). In terms of maximum drawdown, NLCAX dropped -76.45% vs LEXCX's -50.42%.
LEXCX currently has the higher Sharpe Ratio (1.49 vs 1.41), 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.
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