VYMSX vs. IGBIX
VYMSX (Voya Mid Cap Research Enhanced Index Fund) and IGBIX (Voya Global Bond Fund) are both mutual funds - VYMSX is a Mid Cap Blend Equities fund managed by Voya, while IGBIX is a Global Bonds fund managed by Voya. Over the past 10 years, VYMSX returned 10.22%/yr vs 0.43%/yr for IGBIX. Their 0.08 correlation means their historical movements had little consistent relationship. VYMSX charges 0.82%/yr vs 0.65%/yr for IGBIX.
Performance
VYMSX vs. IGBIX - Performance Comparison
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Returns By Period
In the year-to-date period, VYMSX achieves a 17.08% return, which is significantly higher than IGBIX's -1.89% return. Over the past 10 years, VYMSX has outperformed IGBIX with an annualized return of 10.22%, while IGBIX has yielded a comparatively lower 0.43% annualized return.
VYMSX
- 1D
- 0.64%
- 1M
- -0.90%
- 6M
- 13.00%
- YTD
- 17.08%
- 1Y
- 23.06%
- 3Y*
- 14.06%
- 5Y*
- 8.70%
- 10Y*
- 10.22%
- ALL TIME*
- 8.90%
IGBIX
- 1D
- 0.57%
- 1M
- -0.85%
- 6M
- -2.27%
- YTD
- -1.89%
- 1Y
- -0.34%
- 3Y*
- 2.49%
- 5Y*
- -2.58%
- 10Y*
- 0.43%
- ALL TIME*
- 2.88%
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 |
VYMSX vs. IGBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VYMSX Voya Mid Cap Research Enhanced Index Fund | 17.08% | 6.79% | 14.92% | 17.35% | -14.63% | 27.47% | 8.26% | 28.18% | -14.55% | 13.43% |
IGBIX Voya Global Bond Fund | -1.89% | 7.51% | -1.07% | 6.05% | -18.48% | -5.58% | 10.12% | 7.59% | -1.89% | 9.66% |
Correlation
The correlation between VYMSX and IGBIX is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2006 | 0.08 |
Over the past year, VYMSX and IGBIX have become more correlated (0.37) than their long-term average of 0.08, meaning their price movements have been converging.
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Return for Risk
VYMSX vs. IGBIX — Risk / Return Rank
VYMSX
IGBIX
VYMSX vs. IGBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Mid Cap Research Enhanced Index Fund (VYMSX) 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.
| VYMSX | IGBIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.37 | ||
| Sortino ratioReturn per unit of downside risk | +1.99 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.00 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | -0.02 | +2.35 |
| Martin ratioReturn relative to average drawdown | 8.77 | -0.04 | +8.80 |
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Drawdowns
VYMSX vs. IGBIX - Drawdown Comparison
The maximum VYMSX drawdown since its inception was -57.85%, which is greater than IGBIX's maximum drawdown of -28.58%. Use the drawdown chart below to compare losses from any high point for VYMSX and IGBIX.
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Drawdown Indicators
| VYMSX | IGBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.85% | -28.58% | -29.27% |
Max Drawdown (1Y)Largest decline over 1 year | -10.34% | -5.27% | -5.07% |
Max Drawdown (3Y)Largest decline over 3 years | -24.02% | -7.21% | -16.81% |
Max Drawdown (5Y)Largest decline over 5 years | -31.71% | -26.38% | -5.33% |
Max Drawdown (10Y)Largest decline over 10 years | -43.69% | -28.58% | -15.11% |
Current DrawdownCurrent decline from peak | -3.15% | -15.06% | +11.91% |
Average DrawdownAverage peak-to-trough decline | -9.12% | -6.06% | -3.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 2.34% | +0.35% |
Volatility
VYMSX vs. IGBIX - Volatility Comparison
Voya Mid Cap Research Enhanced Index Fund (VYMSX) has a higher volatility of 4.02% compared to Voya Global Bond Fund (IGBIX) at 1.53%. This indicates that VYMSX'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
| VYMSX | IGBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.02% | 1.53% | +2.49% |
Volatility (6M)Calculated over the trailing 6-month period | 13.39% | 4.75% | +8.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.77% | 5.89% | +11.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.36% | 6.75% | +16.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.90% | 5.98% | +16.92% |
VYMSX vs. IGBIX - Expense Ratio Comparison
VYMSX has a 0.82% expense ratio, which is higher than IGBIX's 0.65% expense ratio.
Dividends
VYMSX vs. IGBIX - Dividend Comparison
VYMSX's dividend yield for the trailing twelve months is around 25.42%, 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% |
VYMSX Voya Mid Cap Research Enhanced Index Fund | 25.42% | 29.77% | 11.50% | 0.96% | 6.78% | 14.81% | 0.79% | 2.00% | 13.24% | 7.58% | 1.83% | 6.83% |
Frequently Asked Questions
VYMSX and IGBIX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VYMSX has higher volatility (4.02%) compared to IGBIX (1.53%). In terms of maximum drawdown, VYMSX dropped -57.85% vs IGBIX's -28.58%.
VYMSX currently has the higher Sharpe Ratio (1.36 vs -0.01), 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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