VYCAX vs. IIRLX

Last updated Aug 5, 2026

VYCAX (Voya Corporate Leaders 100 Fund Class A) and IIRLX (Voya Russell Large Cap Index Portfolio) are both mutual funds - VYCAX is a Large Cap Growth Equities fund managed by Voya, while IIRLX is a Large Cap Blend Equities fund managed by Voya. Over the past 10 years, VYCAX returned 14.02%/yr vs 15.68%/yr for IIRLX. Their correlation of 0.92 means they have usually moved in the same direction. VYCAX charges 0.81%/yr vs 0.36%/yr for IIRLX.

Performance

VYCAX vs. IIRLX - 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 Russell Large Cap Index Portfolio (IIRLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VYCAX achieves a 12.37% return, which is significantly higher than IIRLX's 10.45% return. Over the past 10 years, VYCAX has underperformed IIRLX with an annualized return of 14.02%, while IIRLX has yielded a comparatively higher 15.68% annualized return.

VYCAX

• 1D: 0.93%
• 1M: 0.93%
• 6M: 9.63%
• YTD: 12.37%
• 1Y: 21.60%
• 3Y*: 18.28%
• 5Y*: 11.84%
• 10Y*: 14.02%
• ALL TIME*: 11.90%

IIRLX

• 1D: 1.58%
• 1M: 1.56%
• 6M: 9.97%
• YTD: 10.45%
• 1Y: 20.91%
• 3Y*: 21.54%
• 5Y*: 13.31%
• 10Y*: 15.68%
• ALL TIME*: 12.05%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IIRLX Voya Russell Large Cap Index Portfolio	$0.00	$0.00	$0.00
VYCAX Voya Corporate Leaders 100 Fund Class A	$0.00	$0.00	$0.00

VYCAX vs. IIRLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VYCAX Voya Corporate Leaders 100 Fund Class A	12.37%	17.37%	17.68%	18.99%	-11.30%	27.35%	11.49%	38.96%	-7.22%	18.93%
IIRLX Voya Russell Large Cap Index Portfolio	10.45%	18.77%	26.95%	29.41%	-20.07%	27.26%	21.71%	31.18%	-3.45%	22.58%

Correlation

The correlation between VYCAX and IIRLX is 0.72, 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.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.73
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (10Y) Provides a long-term view across more market conditions.	0.87
Correlation (All Time) Calculated using the full available price history since Jul 1, 2008	0.92

Over the past year, the correlation between VYCAX and IIRLX has dropped to 0.72 - well below their long-term average of 0.92, suggesting their price drivers have been diverging.

Return for Risk

VYCAX vs. IIRLX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VYCAX

VYCAX Risk / Return Rank: 84
VYCAX Sharpe Ratio Rank: 86
VYCAX Sortino Ratio Rank: 85
VYCAX Omega Ratio Rank: 81
VYCAX Calmar Ratio Rank: 82
VYCAX Martin Ratio Rank: 87

IIRLX

IIRLX Risk / Return Rank: 54
IIRLX Sharpe Ratio Rank: 50
IIRLX Sortino Ratio Rank: 50
IIRLX Omega Ratio Rank: 49
IIRLX Calmar Ratio Rank: 59
IIRLX Martin Ratio Rank: 63

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VYCAX vs. IIRLX - 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 Russell Large Cap Index Portfolio (IIRLX). 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.

	VYCAX	IIRLX	Difference
Sharpe ratio: Return per unit of total volatility	2.18	1.53	+0.65
Sortino ratio: Return per unit of downside risk	3.10	2.20	+0.90
Omega ratio: Gain probability vs. loss probability	1.39	1.28	+0.11
Calmar ratio: Return relative to maximum drawdown	3.00	2.28	+0.72
Martin ratio: Return relative to average drawdown	12.36	8.94	+3.42

VYCAX vs. IIRLX - Sharpe Ratio Comparison

The current VYCAX Sharpe Ratio is 2.18, which is higher than the IIRLX Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of VYCAX and IIRLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VYCAX vs. IIRLX - Drawdown Comparison

The maximum VYCAX drawdown since its inception was -46.74%, smaller than the maximum IIRLX drawdown of -50.33%. Use the drawdown chart below to compare losses from any high point for VYCAX and IIRLX.

Drawdown Indicators

	VYCAX	IIRLX	Difference
Max Drawdown Largest peak-to-trough decline	-46.74%	-50.33%	+3.59%
Max Drawdown (1Y) Largest decline over 1 year	-7.77%	-9.83%	+2.06%
Max Drawdown (3Y) Largest decline over 3 years	-15.07%	-19.58%	+4.51%
Max Drawdown (5Y) Largest decline over 5 years	-22.80%	-25.83%	+3.03%
Max Drawdown (10Y) Largest decline over 10 years	-33.41%	-32.60%	-0.81%
Current Drawdown Current decline from peak	-0.07%	-0.57%	+0.50%
Average Drawdown Average peak-to-trough decline	-5.29%	-6.74%	+1.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	2.42%	-0.56%

Volatility

VYCAX vs. IIRLX - Volatility Comparison

The current volatility for Voya Corporate Leaders 100 Fund Class A (VYCAX) is 3.03%, while Voya Russell Large Cap Index Portfolio (IIRLX) has a volatility of 4.27%. This indicates that VYCAX experiences smaller price fluctuations and is considered to be less risky than IIRLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VYCAX	IIRLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	4.27%	-1.24%
Volatility (6M) Calculated over the trailing 6-month period	8.22%	11.91%	-3.69%
Volatility (1Y) Calculated over the trailing 1-year period	10.74%	14.67%	-3.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.78%	17.94%	-2.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.46%	18.55%	-1.09%

VYCAX vs. IIRLX - Expense Ratio Comparison

VYCAX has a 0.81% expense ratio, which is higher than IIRLX's 0.36% expense ratio.

Dividends

VYCAX vs. IIRLX - Dividend Comparison

VYCAX's dividend yield for the trailing twelve months is around 7.32%, more than IIRLX's 4.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IIRLX Voya Russell Large Cap Index Portfolio	4.79%	3.76%	0.96%	1.14%	5.04%	4.77%	4.71%	4.35%	1.73%	1.47%	1.77%	1.66%
VYCAX Voya Corporate Leaders 100 Fund Class A	7.32%	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 IIRLX in my portfolio?

VYCAX and IIRLX have a correlation of 0.72, 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 IIRLX?

IIRLX has higher volatility (4.27%) compared to VYCAX (3.03%). In terms of maximum drawdown, VYCAX dropped -46.74% vs IIRLX's -50.33%.

Which has better risk-adjusted returns?

VYCAX currently has the higher Sharpe Ratio (2.18 vs 1.53), 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.