SAWMX vs. IPIRX

Last updated Aug 1, 2026

SAWMX (SA Worldwide Moderate Growth Fund) and IPIRX (Voya Global Perspectives Portfolio) are both Global Allocation funds. Their correlation of 0.83 means they have usually moved in the same direction. SAWMX charges 0.00%/yr vs 0.20%/yr for IPIRX.

Performance

SAWMX vs. IPIRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SA Worldwide Moderate Growth Fund (SAWMX) and Voya Global Perspectives Portfolio (IPIRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SAWMX

• 1D: 0.71%
• 1M: 0.79%
• 6M: 7.72%
• YTD: 11.46%
• 1Y: 21.03%
• 3Y*: 12.97%
• 5Y*: 8.36%
• 10Y*: 8.53%
• ALL TIME*: 8.76%

IPIRX

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

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SAWMX SA Worldwide Moderate Growth Fund	$0.00	$0.00	$0.00

SAWMX vs. IPIRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAWMX SA Worldwide Moderate Growth Fund	11.46%	18.15%	6.40%	13.60%	-8.96%	16.67%	4.12%	17.03%	-7.87%	13.89%
IPIRX Voya Global Perspectives Portfolio	6.84%	14.21%	7.31%	10.65%	-17.52%	6.06%	16.10%	18.35%	-9.87%	15.00%

Correlation

The correlation between SAWMX and IPIRX is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.60
Correlation (3Y) Balances recent behavior with more history.	0.73
Correlation (5Y) Shows whether the relationship held over a longer period.	0.80
Correlation (10Y) Provides a long-term view across more market conditions.	0.83
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.83

Over the past year, the correlation between SAWMX and IPIRX has dropped to 0.60 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.

Return for Risk

SAWMX vs. IPIRX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SAWMX

SAWMX Risk / Return Rank: 95
SAWMX Sharpe Ratio Rank: 98
SAWMX Sortino Ratio Rank: 97
SAWMX Omega Ratio Rank: 94
SAWMX Calmar Ratio Rank: 93
SAWMX 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) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SAWMX vs. IPIRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SA Worldwide Moderate Growth Fund (SAWMX) 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.

	SAWMX	IPIRX	Difference
Sharpe ratio: Return per unit of total volatility	2.97	—	—
Sortino ratio: Return per unit of downside risk	4.35	—	—
Omega ratio: Gain probability vs. loss probability	1.56	—	—
Calmar ratio: Return relative to maximum drawdown	3.81	—	—
Martin ratio: Return relative to average drawdown	15.31	—	—

Drawdowns

Drawdown Indicators

	SAWMX	IPIRX	Difference
Max Drawdown Largest peak-to-trough decline	-30.56%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-5.79%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.86%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.57%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-30.56%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-3.64%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.41%	—	—

Volatility

Volatility by Period

	SAWMX	IPIRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.46%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.88%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.00%	—	—

SAWMX vs. IPIRX - Expense Ratio Comparison

SAWMX has a 0.00% expense ratio, which is lower than IPIRX's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SAWMX vs. IPIRX - Dividend Comparison

SAWMX's dividend yield for the trailing twelve months is around 5.34%, less than IPIRX's 39.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IPIRX Voya Global Perspectives Portfolio	39.58%	5.64%	3.25%	14.65%	13.55%	6.34%	6.25%	7.80%	1.30%	2.78%	2.78%	7.16%
SAWMX SA Worldwide Moderate Growth Fund	5.34%	5.95%	3.34%	4.20%	8.36%	4.52%	4.88%	5.66%	6.82%	1.28%	1.96%	0.00%

Frequently Asked Questions

Can I hold both SAWMX and IPIRX in my portfolio?

SAWMX and IPIRX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.