Delaware Hedged U.S. Equity Opportunities Fund (FHEKX)
The investment seeks total return and, secondarily, capital preservation. The fund seeks to achieve its investment objective by investing in a broadly diversified portfolio of common stocks of any market capitalization while also investing in derivatives to help manage investment risk. It will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. issuers and investments that provide exposure to such securities, including exchange-traded funds.
Fund Info
US24611D8395
24611D839
Jul 31, 2016
$0
Large-Cap
Blend
Expense Ratio
FHEKX has a high expense ratio of 1.30%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Delaware Hedged U.S. Equity Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
FHEKX
N/A
N/A
N/A
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N/A
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of FHEKX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.56% | 3.89% | 2.03% | 5.25% | |||||||||
| 2023 | 4.49% | -2.33% | 1.13% | 1.00% | -0.86% | 4.84% | 2.72% | -2.08% | -3.89% | -1.23% | 6.95% | 3.71% | 14.76% |
| 2022 | -4.17% | -1.49% | 1.19% | -5.97% | -0.79% | -5.03% | 5.41% | -2.74% | -6.34% | 5.64% | 4.15% | -3.29% | -13.54% |
| 2021 | -1.81% | 1.85% | 1.61% | 3.77% | -1.15% | 1.26% | 1.53% | 1.60% | -3.33% | 3.25% | -2.50% | 3.79% | 9.96% |
| 2020 | 0.18% | -4.59% | -9.35% | 8.02% | 4.53% | 0.92% | 4.94% | 4.18% | -1.42% | -1.78% | 7.86% | 3.37% | 16.53% |
| 2019 | 5.90% | 3.10% | 0.86% | 2.89% | -2.40% | 4.66% | 0.57% | -0.08% | 0.48% | 0.56% | 2.55% | 1.42% | 22.22% |
| 2018 | 3.21% | -2.42% | -0.44% | -0.44% | 1.87% | 0.70% | 2.43% | 1.96% | -0.08% | -5.75% | 2.74% | -6.20% | -2.94% |
| 2017 | 1.50% | 2.47% | 0.10% | 0.48% | 1.54% | 0.76% | 1.03% | -0.37% | 0.74% | 1.39% | 2.01% | 0.36% | 12.65% |
| 2016 | 0.00% | -0.90% | -1.71% | 1.95% | 0.33% | -0.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FHEKX is 32, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Delaware Hedged U.S. Equity Opportunities Fund (FHEKX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Delaware Hedged U.S. Equity Opportunities Fund provided a 219.72% dividend yield over the last twelve months, with an annual payout of $9.40 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $9.40 | $0.00 | $0.72 | $1.07 | $2.91 | $1.96 | $0.21 | $0.00 | $0.00 |
Dividend yield | 219.72% | 0.00% | 9.22% | 10.94% | 29.27% | 17.68% | 1.95% | 0.00% | 0.02% |
Monthly Dividends
The table displays the monthly dividend distributions for Delaware Hedged U.S. Equity Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $9.40 | $9.40 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 | $0.72 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.07 | $1.07 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.91 | $2.91 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.96 | $1.96 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Delaware Hedged U.S. Equity Opportunities 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 Hedged U.S. Equity Opportunities Fund was 25.30%, occurring on Mar 23, 2020. Recovery took 93 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.3% | Feb 20, 2020 | 23 | Mar 23, 2020 | 93 | Aug 4, 2020 | 116 |
| -19.26% | Nov 9, 2021 | 225 | Sep 30, 2022 | 330 | Jan 25, 2024 | 555 |
| -13.25% | Sep 24, 2018 | 64 | Dec 24, 2018 | 70 | Apr 5, 2019 | 134 |
| -6.49% | Jan 29, 2018 | 9 | Feb 8, 2018 | 106 | Jul 12, 2018 | 115 |
| -5.75% | Sep 3, 2020 | 14 | Sep 23, 2020 | 13 | Oct 12, 2020 | 27 |
Volatility
Volatility Chart
The current Delaware Hedged U.S. Equity Opportunities Fund volatility is 2.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.