Delaware Small Cap Value Fund (DEVLX)

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The chart shows the growth of an initial investment of $10,000 in Delaware Small Cap Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Delaware Small Cap Value Fund (DEVLX) has returned 3.11% so far this year and 17.21% over the past 12 months. Over the last ten years, DEVLX has returned 8.78% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jun 24, 1987, DEVLX's average daily return is +0.05%, while the average monthly return is +0.97%. At this rate, your investment would double in approximately 6.0 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +17.3%, while the worst month was Oct 1987 at -25.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, DEVLX closed higher 53% of trading days. The best single day was Dec 23, 1987 with a return of +13.6%, while the worst single day was Oct 30, 1987 at -25.9%.

Delaware Small Cap Value Fund has an annualized alpha of 3.82%, beta of 0.86, and R² of 0.62 versus S&P 500 Index. Calculated based on daily prices since June 25, 1987.

• This fund captured 103.51% of S&P 500 Index gains but only 93.24% of its losses — a favorable profile for investors.
• This fund generated an annualized alpha of 3.82% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.86 and R² of 0.62, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

DEVLX has a high expense ratio of 1.11%, indicating above-average management fees.

DEVLX ranks 38 for risk / return — below 38% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Delaware Small Cap Value Fund (DEVLX) and compare them to a chosen benchmark (S&P 500 Index).

Delaware Small Cap Value Fund provided a 13.34% dividend yield over the last twelve months, with an annual payout of $8.41 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Delaware Small Cap Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Delaware Small Cap Value Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Delaware Small Cap Value Fund was 60.08%, occurring on Mar 9, 2009. Recovery took 452 trading sessions.

The current Delaware Small Cap Value Fund drawdown is 8.37%.

The chart below shows the rolling one-month volatility.