TPINX vs. IGBIX
TPINX (Templeton Global Bond Fund) and IGBIX (Voya Global Bond Fund) are both Global Bonds funds. Over the past 10 years, TPINX returned 0.29%/yr vs 0.42%/yr for IGBIX. Their 0.26 correlation means their historical movements had little consistent relationship. TPINX charges 0.94%/yr vs 0.65%/yr for IGBIX.
Performance
TPINX vs. IGBIX - Performance Comparison
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Returns By Period
In the year-to-date period, TPINX achieves a 3.06% return, which is significantly higher than IGBIX's -2.03% return. Over the past 10 years, TPINX has underperformed IGBIX with an annualized return of 0.29%, while IGBIX has yielded a comparatively higher 0.42% annualized return.
TPINX
- 1D
- 0.00%
- 1M
- 1.33%
- 6M
- 0.36%
- YTD
- 3.06%
- 1Y
- 6.42%
- 3Y*
- 2.30%
- 5Y*
- -0.27%
- 10Y*
- 0.29%
- ALL TIME*
- 4.87%
IGBIX
- 1D
- -0.14%
- 1M
- -0.99%
- 6M
- -2.27%
- YTD
- -2.03%
- 1Y
- -0.48%
- 3Y*
- 2.63%
- 5Y*
- -2.61%
- 10Y*
- 0.42%
- ALL TIME*
- 2.87%
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 |
TPINX vs. IGBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TPINX Templeton Global Bond Fund | 3.06% | 15.02% | -11.95% | 2.45% | -6.17% | -5.06% | -4.41% | 0.63% | 1.26% | 2.36% |
IGBIX Voya Global Bond Fund | -2.03% | 7.51% | -1.07% | 6.05% | -18.48% | -5.58% | 10.12% | 7.59% | -1.89% | 9.66% |
Correlation
The correlation between TPINX and IGBIX is 0.73, 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. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.73 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.70 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2006 | 0.26 |
Over the past year, TPINX and IGBIX have become more correlated (0.73) than their long-term average of 0.26, meaning their price movements have been converging.
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Return for Risk
TPINX vs. IGBIX — Risk / Return Rank
TPINX
IGBIX
TPINX vs. IGBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Templeton Global Bond Fund (TPINX) and Voya Global Bond Fund (IGBIX). 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.
| TPINX | IGBIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.12 | ||
| Sortino ratioReturn per unit of downside risk | +1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.99 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.18 | -0.10 | +1.28 |
| Martin ratioReturn relative to average drawdown | 3.37 | -0.22 | +3.59 |
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Drawdowns
TPINX vs. IGBIX - Drawdown Comparison
The maximum TPINX drawdown since its inception was -26.45%, smaller than the maximum IGBIX drawdown of -28.58%. Use the drawdown chart below to compare losses from any high point for TPINX and IGBIX.
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Drawdown Indicators
| TPINX | IGBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.45% | -28.58% | +2.13% |
Max Drawdown (1Y)Largest decline over 1 year | -6.36% | -5.27% | -1.09% |
Max Drawdown (3Y)Largest decline over 3 years | -13.03% | -7.21% | -5.82% |
Max Drawdown (5Y)Largest decline over 5 years | -17.85% | -26.38% | +8.53% |
Max Drawdown (10Y)Largest decline over 10 years | -26.45% | -28.58% | +2.13% |
Current DrawdownCurrent decline from peak | -12.26% | -15.18% | +2.92% |
Average DrawdownAverage peak-to-trough decline | -4.88% | -6.07% | +1.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 2.36% | -0.13% |
Volatility
TPINX vs. IGBIX - Volatility Comparison
Templeton Global Bond Fund (TPINX) has a higher volatility of 1.93% compared to Voya Global Bond Fund (IGBIX) at 1.51%. This indicates that TPINX's price experiences larger fluctuations and is considered to be riskier than IGBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TPINX | IGBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.93% | 1.51% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 6.10% | 4.74% | +1.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.29% | 5.86% | +1.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.17% | 6.74% | +1.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.15% | 5.98% | +1.17% |
TPINX vs. IGBIX - Expense Ratio Comparison
TPINX has a 0.94% expense ratio, which is higher than IGBIX's 0.65% expense ratio.
Dividends
TPINX vs. IGBIX - Dividend Comparison
TPINX's dividend yield for the trailing twelve months is around 4.97%, more than IGBIX's 3.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGBIX Voya Global Bond Fund | 3.55% | 3.44% | 4.58% | 3.35% | 3.31% | 4.04% | 4.43% | 4.66% | 4.75% | 4.84% | 4.69% | 4.72% |
TPINX Templeton Global Bond Fund | 4.97% | 4.29% | 5.77% | 3.87% | 5.17% | 5.38% | 4.59% | 6.12% | 6.53% | 3.34% | 2.33% | 3.11% |
Frequently Asked Questions
TPINX and IGBIX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TPINX has higher volatility (1.93%) compared to IGBIX (1.51%). In terms of maximum drawdown, TPINX dropped -26.45% vs IGBIX's -28.58%.
TPINX currently has the higher Sharpe Ratio (1.03 vs -0.09), 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.
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