VOYA vs. VTINX

Last updated Jun 5, 2026

VOYA (Voya Financial, Inc.) is a stock, while VTINX (Vanguard Target Retirement Income Fund) is Target Retirement Date fund managed by Vanguard. Over the past 10 years, VOYA returned 11.62%/yr vs 5.28%/yr for VTINX. At a 0.45 correlation, their price movements are largely independent.

Performance

VOYA vs. VTINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Financial, Inc. (VOYA) and Vanguard Target Retirement Income Fund (VTINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VOYA achieves a 14.10% return, which is significantly higher than VTINX's 4.26% return. Over the past 10 years, VOYA has outperformed VTINX with an annualized return of 11.62%, while VTINX has yielded a comparatively lower 5.28% annualized return.

VOYA

• 1D: 2.25%
• 1M: 1.58%
• YTD: 14.10%
• 6M: 19.46%
• 1Y: 31.17%
• 3Y*: 8.69%
• 5Y*: 7.24%
• 10Y*: 11.62%

VTINX

• 1D: -0.42%
• 1M: 1.34%
• YTD: 4.26%
• 6M: 4.54%
• 1Y: 11.37%
• 3Y*: 9.33%
• 5Y*: 4.09%
• 10Y*: 5.28%

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

VOYA vs. VTINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VOYA Voya Financial, Inc.	14.10%	11.05%	-3.43%	20.69%	-6.06%	14.05%	-2.47%	53.73%	-18.80%	26.26%
VTINX Vanguard Target Retirement Income Fund	4.26%	11.31%	6.66%	10.66%	-12.75%	5.24%	10.02%	13.16%	-1.98%	7.46%

Correlation

The correlation between VOYA and VTINX is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.43
Correlation (All Time) Calculated using the full available price history since May 3, 2013	0.45

Return for Risk

VOYA vs. VTINX — Risk / Return Rank

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

VOYA

VOYA Risk / Return Rank: 72
VOYA Sharpe Ratio Rank: 75
VOYA Sortino Ratio Rank: 68
VOYA Omega Ratio Rank: 68
VOYA Calmar Ratio Rank: 74
VOYA Martin Ratio Rank: 75

VTINX

VTINX Risk / Return Rank: 65
VTINX Sharpe Ratio Rank: 66
VTINX Sortino Ratio Rank: 70
VTINX Omega Ratio Rank: 71
VTINX Calmar Ratio Rank: 54
VTINX Martin Ratio Rank: 64

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.

VOYA vs. VTINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Financial, Inc. (VOYA) and Vanguard Target Retirement Income Fund (VTINX). 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.

	VOYA	VTINX	Difference
Sharpe ratio: Return per unit of total volatility	1.14	2.40	-1.26
Sortino ratio: Return per unit of downside risk	1.62	3.52	-1.90
Omega ratio: Gain probability vs. loss probability	1.21	1.47	-0.26
Calmar ratio: Return relative to maximum drawdown	1.89	2.83	-0.94
Martin ratio: Return relative to average drawdown	4.90	12.50	-7.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VOYA vs. VTINX - Sharpe Ratio Comparison

The current VOYA Sharpe Ratio is 1.14, which is lower than the VTINX Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of VOYA and VTINX, 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

	VOYA	VTINX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	2.40	-1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	0.68	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	0.92	-0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.93	-0.51

Drawdowns

VOYA vs. VTINX - Drawdown Comparison

The maximum VOYA drawdown since its inception was -52.15%, which is greater than VTINX's maximum drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for VOYA and VTINX.

Drawdown Indicators

	VOYA	VTINX	Difference
Max Drawdown Largest peak-to-trough decline	-52.15%	-19.96%	-32.19%
Max Drawdown (1Y) Largest decline over 1 year	-16.52%	-4.14%	-12.38%
Max Drawdown (3Y) Largest decline over 3 years	-34.55%	-5.26%	-29.29%
Max Drawdown (5Y) Largest decline over 5 years	-34.55%	-17.02%	-17.53%
Max Drawdown (10Y) Largest decline over 10 years	-52.15%	-17.02%	-35.13%
Current Drawdown Current decline from peak	0.00%	-0.42%	+0.42%
Average Drawdown Average peak-to-trough decline	-11.86%	-2.20%	-9.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.38%	0.94%	+5.44%

Volatility

VOYA vs. VTINX - Volatility Comparison

Voya Financial, Inc. (VOYA) has a higher volatility of 7.03% compared to Vanguard Target Retirement Income Fund (VTINX) at 1.81%. This indicates that VOYA's price experiences larger fluctuations and is considered to be riskier than VTINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VOYA	VTINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.03%	1.81%	+5.22%
Volatility (6M) Calculated over the trailing 6-month period	20.96%	4.02%	+16.94%
Volatility (1Y) Calculated over the trailing 1-year period	27.50%	4.90%	+22.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.05%	6.07%	+22.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.62%	5.73%	+24.89%

Dividends

VOYA vs. VTINX - Dividend Comparison

VOYA's dividend yield for the trailing twelve months is around 2.22%, less than VTINX's 4.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VOYA Voya Financial, Inc.	2.22%	2.44%	2.47%	1.64%	1.37%	1.11%	1.02%	1.00%	0.10%	0.08%	0.10%	0.11%
VTINX Vanguard Target Retirement Income Fund	4.82%	5.02%	5.89%	4.01%	3.08%	8.63%	3.42%	2.62%	4.19%	1.56%	2.27%	3.53%

Frequently Asked Questions

Can I hold both VOYA and VTINX in my portfolio?

VOYA and VTINX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VOYA or VTINX?

VOYA has higher volatility (7.03%) compared to VTINX (1.81%). In terms of maximum drawdown, VOYA dropped -52.15% vs VTINX's -19.96%.

Which has better risk-adjusted returns?

VTINX currently has the higher Sharpe Ratio (2.40 vs 1.14), 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.