SABTX vs. IRVSX

Last updated Jun 24, 2026

SABTX (SA U.S. Value Fund) and IRVSX (Voya Russell Large Cap Value Index Portfolio Class S) are both Large Cap Value Equities funds. Over the past 10 years, SABTX returned 12.00%/yr vs 11.75%/yr for IRVSX. With a 0.96 correlation, they move nearly in lockstep. SABTX charges 0.73%/yr vs 0.59%/yr for IRVSX.

Performance

SABTX vs. IRVSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SA U.S. Value Fund (SABTX) and Voya Russell Large Cap Value Index Portfolio Class S (IRVSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SABTX achieves a 18.98% return, which is significantly higher than IRVSX's 16.12% return. Both investments have delivered pretty close results over the past 10 years, with SABTX having a 12.00% annualized return and IRVSX not far behind at 11.75%.

SABTX

• 1D: 0.97%
• 1M: 3.76%
• YTD: 18.98%
• 6M: 18.21%
• 1Y: 35.90%
• 3Y*: 20.00%
• 5Y*: 11.79%
• 10Y*: 12.00%

IRVSX

• 1D: 0.48%
• 1M: 3.18%
• YTD: 16.12%
• 6M: 15.67%
• 1Y: 29.65%
• 3Y*: 19.00%
• 5Y*: 11.81%
• 10Y*: 11.75%

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

SABTX vs. IRVSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SABTX SA U.S. Value Fund	18.98%	17.69%	11.32%	11.82%	-6.35%	27.06%	-2.04%	24.85%	-12.14%	18.45%
IRVSX Voya Russell Large Cap Value Index Portfolio Class S	16.12%	17.81%	14.66%	9.98%	-5.71%	22.68%	1.11%	25.45%	-6.83%	13.20%

Correlation

The correlation between SABTX and IRVSX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since May 4, 2009	0.96

The correlation between SABTX and IRVSX has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.

Return for Risk

SABTX vs. IRVSX — Risk / Return Rank

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

SABTX

SABTX Risk / Return Rank: 95
SABTX Sharpe Ratio Rank: 97
SABTX Sortino Ratio Rank: 95
SABTX Omega Ratio Rank: 89
SABTX Calmar Ratio Rank: 97
SABTX Martin Ratio Rank: 97

IRVSX

IRVSX Risk / Return Rank: 93
IRVSX Sharpe Ratio Rank: 96
IRVSX Sortino Ratio Rank: 94
IRVSX Omega Ratio Rank: 88
IRVSX Calmar Ratio Rank: 94
IRVSX Martin Ratio Rank: 96

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.

SABTX vs. IRVSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SA U.S. Value Fund (SABTX) and Voya Russell Large Cap Value Index Portfolio Class S (IRVSX). 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.

	SABTX	IRVSX	Difference
Sharpe ratio: Return per unit of total volatility	3.44	3.17	+0.27
Sortino ratio: Return per unit of downside risk	4.76	4.47	+0.29
Omega ratio: Gain probability vs. loss probability	1.60	1.57	+0.03
Calmar ratio: Return relative to maximum drawdown	6.46	5.14	+1.32
Martin ratio: Return relative to average drawdown	23.28	21.48	+1.80

SABTX vs. IRVSX - Sharpe Ratio Comparison

The current SABTX Sharpe Ratio is 3.44, which is comparable to the IRVSX Sharpe Ratio of 3.17. The chart below compares the historical Sharpe Ratios of SABTX and IRVSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SABTX vs. IRVSX - Drawdown Comparison

The maximum SABTX drawdown since its inception was -66.96%, which is greater than IRVSX's maximum drawdown of -35.70%. Use the drawdown chart below to compare losses from any high point for SABTX and IRVSX.

Drawdown Indicators

	SABTX	IRVSX	Difference
Max Drawdown Largest peak-to-trough decline	-66.96%	-35.70%	-31.26%
Max Drawdown (1Y) Largest decline over 1 year	-6.36%	-6.70%	+0.34%
Max Drawdown (3Y) Largest decline over 3 years	-16.63%	-13.41%	-3.22%
Max Drawdown (5Y) Largest decline over 5 years	-20.42%	-18.49%	-1.93%
Max Drawdown (10Y) Largest decline over 10 years	-42.00%	-35.70%	-6.30%
Current Drawdown Current decline from peak	-0.17%	-0.06%	-0.11%
Average Drawdown Average peak-to-trough decline	-11.30%	-3.88%	-7.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.74%	1.55%	+0.19%

Volatility

SABTX vs. IRVSX - Volatility Comparison

SA U.S. Value Fund (SABTX) and Voya Russell Large Cap Value Index Portfolio Class S (IRVSX) have volatilities of 3.92% and 3.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SABTX	IRVSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.92%	3.90%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	8.63%	8.45%	+0.18%
Volatility (1Y) Calculated over the trailing 1-year period	11.98%	10.90%	+1.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.37%	14.25%	+2.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.19%	16.86%	+2.33%

SABTX vs. IRVSX - Expense Ratio Comparison

SABTX has a 0.73% expense ratio, which is higher than IRVSX's 0.59% expense ratio.

Dividends

SABTX vs. IRVSX - Dividend Comparison

SABTX's dividend yield for the trailing twelve months is around 3.26%, less than IRVSX's 3.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IRVSX Voya Russell Large Cap Value Index Portfolio Class S	3.55%	27.68%	3.39%	1.77%	1.19%	1.75%	3.72%	5.71%	6.06%	1.74%	2.76%	2.91%
SABTX SA U.S. Value Fund	3.26%	3.88%	2.60%	1.67%	7.66%	4.25%	1.52%	5.14%	9.80%	10.36%	5.08%	6.83%

Frequently Asked Questions

Can I hold both SABTX and IRVSX in my portfolio?

With a correlation of 0.93, SABTX and IRVSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SABTX or IRVSX?

SABTX has higher volatility (3.92%) compared to IRVSX (3.90%). In terms of maximum drawdown, SABTX dropped -66.96% vs IRVSX's -35.70%.

Which has better risk-adjusted returns?

SABTX currently has the higher Sharpe Ratio (3.44 vs 3.17), 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.