RBLVX vs. IOEZX
RBLVX (Russell Investments LifePoints Balanced Strategy Fund) and IOEZX (ICON Equity Income Fund) are both Diversified Portfolio funds. Over the past 10 years, RBLVX returned 6.48%/yr vs 8.74%/yr for IOEZX. Their correlation of 0.83 suggests significant overlap in exposure. RBLVX charges 0.76%/yr vs 1.00%/yr for IOEZX.
Performance
RBLVX vs. IOEZX - Performance Comparison
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Returns By Period
In the year-to-date period, RBLVX achieves a 6.89% return, which is significantly lower than IOEZX's 12.75% return. Over the past 10 years, RBLVX has underperformed IOEZX with an annualized return of 6.48%, while IOEZX has yielded a comparatively higher 8.74% annualized return.
RBLVX
- 1D
- -0.25%
- 1M
- 0.91%
- YTD
- 6.89%
- 6M
- 6.52%
- 1Y
- 17.15%
- 3Y*
- 12.45%
- 5Y*
- 5.78%
- 10Y*
- 6.48%
IOEZX
- 1D
- -0.25%
- 1M
- -1.64%
- YTD
- 12.75%
- 6M
- 12.28%
- 1Y
- 26.30%
- 3Y*
- 12.47%
- 5Y*
- 5.22%
- 10Y*
- 8.74%
RBLVX vs. IOEZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RBLVX Russell Investments LifePoints Balanced Strategy Fund | 6.89% | 14.63% | 8.79% | 13.89% | -16.25% | 13.34% | 4.04% | 13.55% | -6.58% | 9.91% |
IOEZX ICON Equity Income Fund | 12.75% | 14.29% | 6.12% | 3.82% | -13.56% | 24.15% | 3.16% | 27.70% | -10.11% | 13.59% |
Correlation
The correlation between RBLVX and IOEZX is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2004 | 0.83 |
The correlation between RBLVX and IOEZX shifts across timeframes, from 0.66 (3 years) to 0.83 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RBLVX vs. IOEZX — Risk / Return Rank
RBLVX
IOEZX
RBLVX vs. IOEZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Russell Investments LifePoints Balanced Strategy Fund (RBLVX) and ICON Equity Income Fund (IOEZX). 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.
| RBLVX | IOEZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.38 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 4.04 | -1.39 |
| Martin ratioReturn relative to average drawdown | 11.57 | 14.79 | -3.22 |
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Drawdowns
RBLVX vs. IOEZX - Drawdown Comparison
The maximum RBLVX drawdown since its inception was -50.99%, smaller than the maximum IOEZX drawdown of -56.15%. Use the drawdown chart below to compare losses from any high point for RBLVX and IOEZX.
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Drawdown Indicators
| RBLVX | IOEZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.99% | -56.15% | +5.16% |
Max Drawdown (1Y)Largest decline over 1 year | -6.77% | -6.77% | 0.00% |
Max Drawdown (3Y)Largest decline over 3 years | -10.41% | -13.95% | +3.54% |
Max Drawdown (5Y)Largest decline over 5 years | -22.67% | -21.47% | -1.20% |
Max Drawdown (10Y)Largest decline over 10 years | -26.42% | -38.12% | +11.70% |
Current DrawdownCurrent decline from peak | -0.49% | -3.12% | +2.63% |
Average DrawdownAverage peak-to-trough decline | -9.26% | -8.57% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 1.85% | -0.30% |
Volatility
RBLVX vs. IOEZX - Volatility Comparison
The current volatility for Russell Investments LifePoints Balanced Strategy Fund (RBLVX) is 3.15%, while ICON Equity Income Fund (IOEZX) has a volatility of 3.54%. This indicates that RBLVX experiences smaller price fluctuations and is considered to be less risky than IOEZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RBLVX | IOEZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.15% | 3.54% | -0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 6.79% | 8.96% | -2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.19% | 12.22% | -4.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.54% | 13.78% | -3.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.88% | 16.49% | -5.61% |
RBLVX vs. IOEZX - Expense Ratio Comparison
RBLVX has a 0.76% expense ratio, which is lower than IOEZX's 1.00% expense ratio.
Dividends
RBLVX vs. IOEZX - Dividend Comparison
RBLVX's dividend yield for the trailing twelve months is around 6.82%, more than IOEZX's 3.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IOEZX ICON Equity Income Fund | 3.00% | 3.56% | 4.32% | 3.75% | 13.63% | 12.92% | 3.68% | 4.74% | 3.80% | 3.13% | 3.32% | 4.24% |
RBLVX Russell Investments LifePoints Balanced Strategy Fund | 6.82% | 7.12% | 0.98% | 1.42% | 4.51% | 15.03% | 1.25% | 3.42% | 5.98% | 5.64% | 7.73% | 10.09% |
Frequently Asked Questions
RBLVX and IOEZX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IOEZX has higher volatility (3.54%) compared to RBLVX (3.15%). In terms of maximum drawdown, RBLVX dropped -50.99% vs IOEZX's -56.15%.
IOEZX currently has the higher Sharpe Ratio (2.24 vs 2.20), 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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