TMBTX vs. IALAX
TMBTX (Transamerica Intermediate Bond) and IALAX (Transamerica Capital Growth Fund) are both mutual funds - TMBTX is a Intermediate Core Bond fund managed by Transamerica, while IALAX is a Large Cap Growth Equities fund managed by Transamerica. Over the past 10 years, TMBTX returned 1.08%/yr vs 13.39%/yr for IALAX. Their 0.03 correlation means their historical movements had little consistent relationship. TMBTX charges 0.41%/yr vs 1.01%/yr for IALAX.
Performance
TMBTX vs. IALAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TMBTX achieves a -0.68% return, which is significantly higher than IALAX's -7.53% return. Over the past 10 years, TMBTX has underperformed IALAX with an annualized return of 1.08%, while IALAX has yielded a comparatively higher 13.39% annualized return.
TMBTX
- 1D
- 0.12%
- 1M
- -1.28%
- 6M
- -0.89%
- YTD
- -0.68%
- 1Y
- 1.91%
- 3Y*
- 3.37%
- 5Y*
- -0.71%
- 10Y*
- 1.08%
- ALL TIME*
- 0.52%
IALAX
- 1D
- 2.10%
- 1M
- -6.68%
- 6M
- 1.24%
- YTD
- -7.53%
- 1Y
- -4.59%
- 3Y*
- 18.19%
- 5Y*
- -3.40%
- 10Y*
- 13.39%
- ALL TIME*
- 10.18%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TMBTX vs. IALAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TMBTX Transamerica Intermediate Bond | -0.68% | 7.10% | 1.12% | 4.13% | -13.15% | -0.94% | 7.65% | 8.97% | -0.63% | 3.61% |
IALAX Transamerica Capital Growth Fund | -7.53% | 20.54% | 43.92% | 47.30% | -60.39% | 0.10% | 111.63% | 21.63% | 6.59% | 43.81% |
Correlation
The correlation between TMBTX and IALAX is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.10 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012 | 0.03 |
Over the past year, TMBTX and IALAX have become more correlated (0.28) than their long-term average of 0.03, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TMBTX vs. IALAX — Risk / Return Rank
TMBTX
IALAX
TMBTX vs. IALAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Intermediate Bond (TMBTX) and Transamerica Capital Growth Fund (IALAX). 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.
| TMBTX | IALAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.99 | ||
| Sortino ratioReturn per unit of downside risk | +1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.99 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | -0.23 | +1.26 |
| Martin ratioReturn relative to average drawdown | 2.50 | -0.44 | +2.94 |
Loading charts...
Drawdowns
TMBTX vs. IALAX - Drawdown Comparison
The maximum TMBTX drawdown since its inception was -18.61%, smaller than the maximum IALAX drawdown of -69.30%. Use the drawdown chart below to compare losses from any high point for TMBTX and IALAX.
Loading charts...
Drawdown Indicators
| TMBTX | IALAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.61% | -69.30% | +50.69% |
Max Drawdown (1Y)Largest decline over 1 year | -2.95% | -29.07% | +26.12% |
Max Drawdown (3Y)Largest decline over 3 years | -5.40% | -32.33% | +26.93% |
Max Drawdown (5Y)Largest decline over 5 years | -18.61% | -69.30% | +50.69% |
Max Drawdown (10Y)Largest decline over 10 years | -18.61% | -69.30% | +50.69% |
Current DrawdownCurrent decline from peak | -4.41% | -24.45% | +20.04% |
Average DrawdownAverage peak-to-trough decline | -6.04% | -14.88% | +8.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.21% | 15.30% | -14.09% |
Volatility
TMBTX vs. IALAX - Volatility Comparison
The current volatility for Transamerica Intermediate Bond (TMBTX) is 0.97%, while Transamerica Capital Growth Fund (IALAX) has a volatility of 7.71%. This indicates that TMBTX experiences smaller price fluctuations and is considered to be less risky than IALAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TMBTX | IALAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.97% | 7.71% | -6.74% |
Volatility (6M)Calculated over the trailing 6-month period | 3.10% | 24.19% | -21.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.94% | 30.52% | -26.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.90% | 41.96% | -36.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.94% | 34.89% | -29.95% |
TMBTX vs. IALAX - Expense Ratio Comparison
TMBTX has a 0.41% expense ratio, which is lower than IALAX's 1.01% expense ratio.
Dividends
TMBTX vs. IALAX - Dividend Comparison
TMBTX's dividend yield for the trailing twelve months is around 3.98%, while IALAX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IALAX Transamerica Capital Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 20.49% | 5.37% | 10.49% | 4.92% | 23.22% | 22.63% | 3.34% |
TMBTX Transamerica Intermediate Bond | 3.98% | 4.25% | 4.18% | 2.39% | 2.90% | 3.53% | 5.64% | 2.74% | 2.86% | 1.87% | 0.00% | 0.00% |
Frequently Asked Questions
TMBTX and IALAX have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IALAX has higher volatility (7.71%) compared to TMBTX (0.97%). In terms of maximum drawdown, TMBTX dropped -18.61% vs IALAX's -69.30%.
TMBTX currently has the higher Sharpe Ratio (0.77 vs -0.22), 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.
Find the right allocation for TMBTX and IALAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer