VISPX vs. IEDAX

Last updated Jun 4, 2026

VISPX (Voya Index Solution 2060 Portfolio) and IEDAX (Voya Large Cap Value Fund) are both mutual funds - VISPX is a Target Retirement Date fund managed by Voya, while IEDAX is a Large Cap Value Equities fund managed by Voya. Over the past 10 years, VISPX returned 12.06%/yr vs 12.43%/yr for IEDAX. Their correlation of 0.84 suggests significant overlap in exposure. VISPX charges 0.22%/yr vs 1.10%/yr for IEDAX.

Performance

VISPX vs. IEDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Index Solution 2060 Portfolio (VISPX) and Voya Large Cap Value Fund (IEDAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VISPX achieves a 12.38% return, which is significantly higher than IEDAX's 8.93% return. Both investments have delivered pretty close results over the past 10 years, with VISPX having a 12.06% annualized return and IEDAX not far ahead at 12.43%.

VISPX

• 1D: 0.33%
• 1M: 5.52%
• YTD: 12.38%
• 6M: 13.09%
• 1Y: 28.20%
• 3Y*: 19.86%
• 5Y*: 10.37%
• 10Y*: 12.06%

IEDAX

• 1D: 0.81%
• 1M: 5.65%
• YTD: 8.93%
• 6M: 9.01%
• 1Y: 18.16%
• 3Y*: 16.93%
• 5Y*: 10.37%
• 10Y*: 12.43%

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

VISPX vs. IEDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VISPX Voya Index Solution 2060 Portfolio	12.38%	20.70%	15.41%	20.34%	-18.32%	18.21%	15.72%	25.28%	-8.45%	21.11%
IEDAX Voya Large Cap Value Fund	8.93%	12.42%	16.47%	13.26%	-3.86%	26.38%	5.53%	35.63%	-8.29%	13.36%

Correlation

The correlation between VISPX and IEDAX is 0.62, 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	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.84

Over the past year, the correlation between VISPX and IEDAX has dropped to 0.62 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.

Return for Risk

VISPX vs. IEDAX — Risk / Return Rank

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

VISPX

VISPX Risk / Return Rank: 75
VISPX Sharpe Ratio Rank: 76
VISPX Sortino Ratio Rank: 75
VISPX Omega Ratio Rank: 69
VISPX Calmar Ratio Rank: 73
VISPX Martin Ratio Rank: 84

IEDAX

IEDAX Risk / Return Rank: 37
IEDAX Sharpe Ratio Rank: 38
IEDAX Sortino Ratio Rank: 41
IEDAX Omega Ratio Rank: 38
IEDAX Calmar Ratio Rank: 30
IEDAX Martin Ratio Rank: 36

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.

VISPX vs. IEDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Index Solution 2060 Portfolio (VISPX) and Voya Large Cap Value Fund (IEDAX). 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.

	VISPX	IEDAX	Difference
Sharpe ratio: Return per unit of total volatility	2.55	1.79	+0.76
Sortino ratio: Return per unit of downside risk	3.66	2.67	+0.99
Omega ratio: Gain probability vs. loss probability	1.47	1.33	+0.14
Calmar ratio: Return relative to maximum drawdown	3.33	2.04	+1.28
Martin ratio: Return relative to average drawdown	15.89	7.97	+7.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VISPX vs. IEDAX - Sharpe Ratio Comparison

The current VISPX Sharpe Ratio is 2.55, which is higher than the IEDAX Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of VISPX and IEDAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VISPX	IEDAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.55	1.79	+0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.62	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.67	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.49	+0.26

Drawdowns

VISPX vs. IEDAX - Drawdown Comparison

The maximum VISPX drawdown since its inception was -32.66%, smaller than the maximum IEDAX drawdown of -47.31%. Use the drawdown chart below to compare losses from any high point for VISPX and IEDAX.

Drawdown Indicators

	VISPX	IEDAX	Difference
Max Drawdown Largest peak-to-trough decline	-32.66%	-47.31%	+14.65%
Max Drawdown (1Y) Largest decline over 1 year	-9.43%	-10.04%	+0.61%
Max Drawdown (3Y) Largest decline over 3 years	-15.88%	-22.40%	+6.52%
Max Drawdown (5Y) Largest decline over 5 years	-25.93%	-22.40%	-3.53%
Max Drawdown (10Y) Largest decline over 10 years	-32.66%	-39.36%	+6.70%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.75%	-6.49%	+1.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	2.48%	-0.57%

Volatility

VISPX vs. IEDAX - Volatility Comparison

Voya Index Solution 2060 Portfolio (VISPX) has a higher volatility of 3.62% compared to Voya Large Cap Value Fund (IEDAX) at 3.22%. This indicates that VISPX's price experiences larger fluctuations and is considered to be riskier than IEDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VISPX	IEDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	3.22%	+0.40%
Volatility (6M) Calculated over the trailing 6-month period	10.03%	8.85%	+1.18%
Volatility (1Y) Calculated over the trailing 1-year period	12.29%	11.45%	+0.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.35%	17.23%	-1.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.31%	18.82%	-2.51%

VISPX vs. IEDAX - Expense Ratio Comparison

VISPX has a 0.22% expense ratio, which is lower than IEDAX's 1.10% expense ratio.

Dividends

VISPX vs. IEDAX - Dividend Comparison

VISPX's dividend yield for the trailing twelve months is around 1.34%, less than IEDAX's 7.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEDAX Voya Large Cap Value Fund	7.33%	8.03%	15.43%	10.92%	8.06%	16.02%	9.13%	17.61%	11.75%	11.03%	1.89%	8.59%
VISPX Voya Index Solution 2060 Portfolio	1.34%	1.51%	0.15%	7.18%	12.68%	3.32%	3.29%	3.18%	3.91%	1.11%	1.79%	0.00%

Frequently Asked Questions

Can I hold both VISPX and IEDAX in my portfolio?

VISPX and IEDAX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VISPX or IEDAX?

VISPX has higher volatility (3.62%) compared to IEDAX (3.22%). In terms of maximum drawdown, VISPX dropped -32.66% vs IEDAX's -47.31%.

Which has better risk-adjusted returns?

VISPX currently has the higher Sharpe Ratio (2.55 vs 1.79), 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.