TMLPX vs. IALAX
TMLPX (Transamerica Energy Infrastructure) and IALAX (Transamerica Capital Growth Fund) are both mutual funds - TMLPX is a Infrastructure Equities fund managed by Transamerica, while IALAX is a Large Cap Growth Equities fund managed by Transamerica. Over the past 10 years, TMLPX returned 9.66%/yr vs 13.26%/yr for IALAX. Their 0.35 correlation means their historical movements had little consistent relationship. TMLPX charges 1.26%/yr vs 1.01%/yr for IALAX.
Performance
TMLPX vs. IALAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TMLPX achieves a 25.97% return, which is significantly higher than IALAX's -9.57% return. Over the past 10 years, TMLPX has underperformed IALAX with an annualized return of 9.66%, while IALAX has yielded a comparatively higher 13.26% annualized return.
TMLPX
- 1D
- 0.75%
- 1M
- 3.16%
- 6M
- 18.64%
- YTD
- 25.97%
- 1Y
- 27.38%
- 3Y*
- 23.04%
- 5Y*
- 16.60%
- 10Y*
- 9.66%
- ALL TIME*
- 5.30%
IALAX
- 1D
- -2.21%
- 1M
- -8.75%
- 6M
- -1.24%
- YTD
- -9.57%
- 1Y
- -6.69%
- 3Y*
- 17.89%
- 5Y*
- -3.83%
- 10Y*
- 13.26%
- ALL TIME*
- 10.09%
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 |
TMLPX vs. IALAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TMLPX Transamerica Energy Infrastructure | 25.97% | 3.87% | 38.51% | 5.07% | 9.12% | 23.54% | -11.25% | 15.66% | -15.29% | -0.19% |
IALAX Transamerica Capital Growth Fund | -9.57% | 20.54% | 43.92% | 47.30% | -60.39% | 0.10% | 111.63% | 21.63% | 6.59% | 43.81% |
Correlation
The correlation between TMLPX and IALAX is -0.14, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.30 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.35 |
The correlation between TMLPX and IALAX shifts across timeframes, from -0.14 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.
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
TMLPX vs. IALAX — Risk / Return Rank
TMLPX
IALAX
TMLPX vs. IALAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Energy Infrastructure (TMLPX) 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.
| TMLPX | IALAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.21 | ||
| Sortino ratioReturn per unit of downside risk | +2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.97 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 3.80 | -0.34 | +4.14 |
| Martin ratioReturn relative to average drawdown | 9.61 | -0.64 | +10.25 |
Loading charts...
Drawdowns
TMLPX vs. IALAX - Drawdown Comparison
The maximum TMLPX drawdown since its inception was -67.18%, roughly equal to the maximum IALAX drawdown of -69.30%. Use the drawdown chart below to compare losses from any high point for TMLPX and IALAX.
Loading charts...
Drawdown Indicators
| TMLPX | IALAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.18% | -69.30% | +2.12% |
Max Drawdown (1Y)Largest decline over 1 year | -7.12% | -29.07% | +21.95% |
Max Drawdown (3Y)Largest decline over 3 years | -16.60% | -32.33% | +15.73% |
Max Drawdown (5Y)Largest decline over 5 years | -16.60% | -69.30% | +52.70% |
Max Drawdown (10Y)Largest decline over 10 years | -55.61% | -69.30% | +13.69% |
Current DrawdownCurrent decline from peak | -2.71% | -26.12% | +23.41% |
Average DrawdownAverage peak-to-trough decline | -22.33% | -14.88% | -7.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 15.36% | -12.55% |
Volatility
TMLPX vs. IALAX - Volatility Comparison
The current volatility for Transamerica Energy Infrastructure (TMLPX) is 5.34%, while Transamerica Capital Growth Fund (IALAX) has a volatility of 7.67%. This indicates that TMLPX 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
| TMLPX | IALAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 7.67% | -2.33% |
Volatility (6M)Calculated over the trailing 6-month period | 11.65% | 24.24% | -12.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.35% | 30.60% | -16.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.25% | 41.96% | -24.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.79% | 34.90% | -13.11% |
TMLPX vs. IALAX - Expense Ratio Comparison
TMLPX has a 1.26% expense ratio, which is higher than IALAX's 1.01% expense ratio.
Dividends
TMLPX vs. IALAX - Dividend Comparison
TMLPX's dividend yield for the trailing twelve months is around 3.78%, 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% |
TMLPX Transamerica Energy Infrastructure | 3.78% | 4.33% | 3.71% | 7.34% | 4.83% | 4.33% | 6.09% | 5.65% | 6.10% | 5.51% | 3.95% | 5.58% |
Frequently Asked Questions
TMLPX and IALAX have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IALAX has higher volatility (7.67%) compared to TMLPX (5.34%). In terms of maximum drawdown, TMLPX dropped -67.18% vs IALAX's -69.30%.
TMLPX currently has the higher Sharpe Ratio (1.89 vs -0.32), 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 TMLPX 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