SAWMX vs. IPIRX

Last updated Jun 24, 2026

SAWMX (SA Worldwide Moderate Growth Fund) and IPIRX (Voya Global Perspectives Portfolio) are both Global Allocation funds. Their correlation of 0.84 suggests significant overlap in exposure. 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: 0.14%
• 1M: 1.38%
• YTD: 10.67%
• 6M: 10.33%
• 1Y: 23.06%
• 3Y*: 14.55%
• 5Y*: 8.31%
• 10Y*: 9.02%

IPIRX

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

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

SAWMX vs. IPIRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAWMX SA Worldwide Moderate Growth Fund	10.67%	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 0.66, 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	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.84

The correlation between SAWMX and IPIRX shifts across timeframes, from 0.66 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SAWMX vs. IPIRX — Risk / Return Rank

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

SAWMX

SAWMX Risk / Return Rank: 93
SAWMX Sharpe Ratio Rank: 97
SAWMX Sortino Ratio Rank: 96
SAWMX Omega Ratio Rank: 92
SAWMX Calmar Ratio Rank: 91
SAWMX Martin Ratio Rank: 92

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.

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	3.42	—	—
Sortino ratio: Return per unit of downside risk	4.96	—	—
Omega ratio: Gain probability vs. loss probability	1.65	—	—
Calmar ratio: Return relative to maximum drawdown	4.45	—	—
Martin ratio: Return relative to average drawdown	17.63	—	—

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	-0.43%	—	—
Average Drawdown Average peak-to-trough decline	-3.68%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.40%	—	—

Volatility

Volatility by Period

	SAWMX	IPIRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.81%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.55%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.91%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.09%	—	—

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 5.38%, 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%
SAWMX SA Worldwide Moderate Growth Fund	5.38%	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 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.