VYCAX vs. IEDAX

Last updated Jun 5, 2026

VYCAX (Voya Corporate Leaders 100 Fund Class A) and IEDAX (Voya Large Cap Value Fund) are both mutual funds - VYCAX is a Large Cap Growth Equities fund managed by Voya, while IEDAX is a Large Cap Value Equities fund managed by Voya. Over the past 10 years, VYCAX returned 14.02%/yr vs 12.39%/yr for IEDAX. Their correlation of 0.95 suggests significant overlap in exposure. VYCAX charges 0.81%/yr vs 1.10%/yr for IEDAX.

Performance

VYCAX vs. IEDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Corporate Leaders 100 Fund Class A (VYCAX) 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, VYCAX achieves a 8.18% return, which is significantly lower than IEDAX's 8.59% return. Over the past 10 years, VYCAX has outperformed IEDAX with an annualized return of 14.02%, while IEDAX has yielded a comparatively lower 12.39% annualized return.

VYCAX

• 1D: -0.63%
• 1M: 3.49%
• YTD: 8.18%
• 6M: 8.72%
• 1Y: 20.97%
• 3Y*: 18.81%
• 5Y*: 11.22%
• 10Y*: 14.02%

IEDAX

• 1D: -0.32%
• 1M: 4.00%
• YTD: 8.59%
• 6M: 8.84%
• 1Y: 18.40%
• 3Y*: 16.81%
• 5Y*: 10.25%
• 10Y*: 12.39%

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

VYCAX vs. IEDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VYCAX Voya Corporate Leaders 100 Fund Class A	8.18%	17.37%	17.68%	18.99%	-11.30%	27.35%	11.49%	38.96%	-7.22%	18.93%
IEDAX Voya Large Cap Value Fund	8.59%	12.42%	16.47%	13.26%	-3.86%	26.38%	5.53%	35.63%	-8.29%	13.36%

Correlation

The correlation between VYCAX and IEDAX is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jul 2, 2008	0.95

The correlation between VYCAX and IEDAX has been stable across timeframes, ranging from 0.86 to 0.95 - a consistent structural relationship.

Return for Risk

VYCAX vs. IEDAX — Risk / Return Rank

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

VYCAX

VYCAX Risk / Return Rank: 57
VYCAX Sharpe Ratio Rank: 56
VYCAX Sortino Ratio Rank: 57
VYCAX Omega Ratio Rank: 52
VYCAX Calmar Ratio Rank: 59
VYCAX Martin Ratio Rank: 61

IEDAX

IEDAX Risk / Return Rank: 34
IEDAX Sharpe Ratio Rank: 35
IEDAX Sortino Ratio Rank: 38
IEDAX Omega Ratio Rank: 36
IEDAX Calmar Ratio Rank: 28
IEDAX Martin Ratio Rank: 34

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.

VYCAX vs. IEDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Corporate Leaders 100 Fund Class A (VYCAX) 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.

	VYCAX	IEDAX	Difference
Sharpe ratio: Return per unit of total volatility	2.20	1.71	+0.49
Sortino ratio: Return per unit of downside risk	3.16	2.56	+0.60
Omega ratio: Gain probability vs. loss probability	1.39	1.31	+0.08
Calmar ratio: Return relative to maximum drawdown	2.93	1.96	+0.97
Martin ratio: Return relative to average drawdown	11.91	7.63	+4.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VYCAX vs. IEDAX - Sharpe Ratio Comparison

The current VYCAX Sharpe Ratio is 2.20, which is comparable to the IEDAX Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of VYCAX 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

	VYCAX	IEDAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	1.71	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.61	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	0.67	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.49	+0.14

Drawdowns

VYCAX vs. IEDAX - Drawdown Comparison

The maximum VYCAX drawdown since its inception was -46.74%, roughly equal to the maximum IEDAX drawdown of -47.31%. Use the drawdown chart below to compare losses from any high point for VYCAX and IEDAX.

Drawdown Indicators

	VYCAX	IEDAX	Difference
Max Drawdown Largest peak-to-trough decline	-46.74%	-47.31%	+0.57%
Max Drawdown (1Y) Largest decline over 1 year	-7.77%	-10.04%	+2.27%
Max Drawdown (3Y) Largest decline over 3 years	-15.07%	-22.40%	+7.33%
Max Drawdown (5Y) Largest decline over 5 years	-22.80%	-22.40%	-0.40%
Max Drawdown (10Y) Largest decline over 10 years	-33.41%	-39.36%	+5.95%
Current Drawdown Current decline from peak	-0.67%	-0.32%	-0.35%
Average Drawdown Average peak-to-trough decline	-5.33%	-6.49%	+1.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	2.48%	-0.63%

Volatility

VYCAX vs. IEDAX - Volatility Comparison

The current volatility for Voya Corporate Leaders 100 Fund Class A (VYCAX) is 2.67%, while Voya Large Cap Value Fund (IEDAX) has a volatility of 3.16%. This indicates that VYCAX experiences smaller price fluctuations and is considered to be less risky than IEDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VYCAX	IEDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.67%	3.16%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	7.62%	8.85%	-1.23%
Volatility (1Y) Calculated over the trailing 1-year period	10.36%	11.46%	-1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.75%	17.23%	-1.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.49%	18.82%	-1.33%

VYCAX vs. IEDAX - Expense Ratio Comparison

VYCAX has a 0.81% expense ratio, which is lower than IEDAX's 1.10% expense ratio.

Dividends

VYCAX vs. IEDAX - Dividend Comparison

VYCAX's dividend yield for the trailing twelve months is around 7.60%, more than IEDAX's 7.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEDAX Voya Large Cap Value Fund	7.35%	8.03%	15.43%	10.92%	8.06%	16.02%	9.13%	17.61%	11.75%	11.03%	1.89%	8.59%
VYCAX Voya Corporate Leaders 100 Fund Class A	7.60%	8.22%	6.97%	4.35%	5.78%	7.81%	25.30%	16.80%	10.28%	2.94%	1.52%	1.52%

Frequently Asked Questions

Can I hold both VYCAX and IEDAX in my portfolio?

VYCAX and IEDAX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VYCAX or IEDAX?

IEDAX has higher volatility (3.16%) compared to VYCAX (2.67%). In terms of maximum drawdown, VYCAX dropped -46.74% vs IEDAX's -47.31%.

Which has better risk-adjusted returns?

VYCAX currently has the higher Sharpe Ratio (2.20 vs 1.71), 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.