PDSYX vs. IPIRX

Last updated Jul 14, 2026

PDSYX (Principal Diversified Select Real Asset Fund) and IPIRX (Voya Global Perspectives Portfolio) are both Global Allocation funds. A 0.76 correlation means they provide meaningful diversification when combined. PDSYX charges 1.20%/yr vs 0.20%/yr for IPIRX.

Performance

PDSYX vs. IPIRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Diversified Select Real Asset Fund (PDSYX) and Voya Global Perspectives Portfolio (IPIRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PDSYX

• 1D: 0.18%
• 1M: -0.20%
• 6M: 4.55%
• YTD: 4.93%
• 1Y: 8.70%
• 3Y*: 5.95%
• 5Y*: 3.48%
• 10Y*: —

IPIRX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PDSYX vs. IPIRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PDSYX Principal Diversified Select Real Asset Fund	4.93%	7.90%	3.65%	2.45%	-5.36%	14.81%	2.43%	4.08%
IPIRX Voya Global Perspectives Portfolio	6.84%	14.21%	7.31%	10.65%	-17.52%	6.06%	16.10%	4.63%

Correlation

The correlation between PDSYX and IPIRX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Jul 11, 2019	0.76

Over the past year, the correlation between PDSYX and IPIRX has dropped to 0.47 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.

Return for Risk

PDSYX vs. IPIRX — Risk / Return Rank

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

PDSYX

PDSYX Risk / Return Rank: 95
PDSYX Sharpe Ratio Rank: 96
PDSYX Sortino Ratio Rank: 96
PDSYX Omega Ratio Rank: 91
PDSYX Calmar Ratio Rank: 94
PDSYX Martin Ratio Rank: 95

IPIRX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

PDSYX vs. IPIRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Diversified Select Real Asset Fund (PDSYX) and Voya Global Perspectives Portfolio (IPIRX). 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.

	PDSYX	IPIRX	Difference
Sharpe ratio: Return per unit of total volatility	2.87	—	—
Sortino ratio: Return per unit of downside risk	4.50	—	—
Omega ratio: Gain probability vs. loss probability	1.57	—	—
Calmar ratio: Return relative to maximum drawdown	4.39	—	—
Martin ratio: Return relative to average drawdown	17.58	—	—

Drawdowns

Drawdown Indicators

	PDSYX	IPIRX	Difference
Max Drawdown Largest peak-to-trough decline	-30.01%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-1.98%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-10.95%	—	—
Current Drawdown Current decline from peak	-0.47%	—	—
Average Drawdown Average peak-to-trough decline	-4.30%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.49%	—	—

Volatility

Volatility by Period

	PDSYX	IPIRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.38%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.03%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.26%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.66%	—	—

PDSYX vs. IPIRX - Expense Ratio Comparison

PDSYX has a 1.20% expense ratio, which is higher than IPIRX's 0.20% expense ratio.

Dividends

PDSYX vs. IPIRX - Dividend Comparison

PDSYX's dividend yield for the trailing twelve months is around 1.56%, less than IPIRX's 44.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IPIRX Voya Global Perspectives Portfolio	44.20%	5.64%	3.25%	14.65%	13.55%	6.34%	6.25%	7.80%	1.30%	2.78%	2.78%	7.16%
PDSYX Principal Diversified Select Real Asset Fund	1.56%	1.85%	2.18%	2.06%	1.58%	7.46%	2.70%	1.21%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PDSYX and IPIRX in my portfolio?

PDSYX and IPIRX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.