Voya Russell Mid Cap Growth Index charges more than it should and it isn't as tax-efficient as some of its index peers. That said, it still enjoys a durable cost advantage over most of its Morningstar Category peers. Its broad, market-cap-weighted portfolio effectively diversifies risk, promotes low turnover, and accurately represents its target market segment. It warrants a Morningstar Analyst Rating of Bronze.
Will IRGUX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IRGUX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the IRGUX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of IRGUX’s parent organization’s priorities and whether they’re in line with investors’ interests.