Delaware Ivy Systematic Emerging Markets Equity Fund (IPOAX)
The fund invests, under normal circumstances, at least 80% of its net assets in equity securities, primarily common stock, of companies (i) from countries considered to be emerging market countries or (ii) that are economically linked to emerging market countries. It may invest up to 100% of its total assets in foreign securities and may invest in depositary receipts of foreign issuers. The fund also may invest up to 20% of its net assets in companies that are not located in, or economically linked to, emerging market countries.
Fund Info
US4658978667
465897866
Oct 24, 1993
$1,000
Large-Cap
Blend
Expense Ratio
IPOAX has a high expense ratio of 1.15%, 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 Ivy Systematic Emerging Markets Equity 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
Delaware Ivy Systematic Emerging Markets Equity Fund had a return of 5.15% year-to-date (YTD) and 11.00% in the last 12 months. Over the past 10 years, Delaware Ivy Systematic Emerging Markets Equity Fund had an annualized return of 3.27%, while the S&P 500 had an annualized return of 11.29%, indicating that Delaware Ivy Systematic Emerging Markets Equity Fund did not perform as well as the benchmark.
IPOAX
5.15%
5.04%
1.18%
11.00%
0.46%
3.27%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of IPOAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.63% | 5.15% | |||||||||||
| 2024 | -2.26% | 5.27% | 1.92% | -0.49% | 2.17% | 4.30% | -0.71% | -0.15% | 4.26% | -5.22% | -1.25% | 0.12% | 7.71% |
| 2023 | 8.80% | -6.58% | 3.70% | -1.27% | -1.75% | 4.45% | 4.83% | -5.75% | -2.07% | -3.76% | 7.63% | 3.57% | 10.86% |
| 2022 | -0.58% | -7.53% | -5.93% | -6.83% | 1.86% | -8.74% | 0.67% | 0.31% | -11.16% | -3.20% | 15.46% | -14.91% | -36.10% |
| 2021 | 4.15% | 0.38% | -2.33% | 1.85% | 2.59% | 0.85% | -7.30% | 3.03% | -4.60% | 1.60% | -4.71% | 0.44% | -4.67% |
| 2020 | -3.85% | -3.45% | -18.06% | 9.42% | 5.33% | 10.39% | 11.58% | 4.87% | -1.51% | 3.10% | 8.73% | 7.96% | 35.01% |
| 2019 | 9.89% | 1.41% | 2.41% | 1.46% | -7.57% | 6.40% | -2.77% | -3.98% | 1.91% | 4.57% | 2.52% | 6.10% | 23.24% |
| 2018 | 8.45% | -4.33% | -1.19% | -4.26% | -3.09% | -7.29% | 3.82% | -3.84% | -1.02% | -8.12% | 3.85% | -3.58% | -19.83% |
| 2017 | 9.06% | 1.92% | 3.10% | 3.36% | 0.51% | 1.82% | 7.59% | 2.49% | 1.11% | 2.95% | 0.24% | 2.14% | 42.47% |
| 2016 | -7.95% | -2.34% | 12.31% | 2.43% | -3.74% | 5.45% | 5.02% | 3.57% | 1.82% | 1.21% | -6.44% | -0.20% | 9.88% |
| 2015 | 0.52% | 1.87% | 1.45% | 8.92% | -1.55% | -2.96% | -8.03% | -9.71% | -3.75% | 6.97% | -0.63% | -4.21% | -12.02% |
| 2014 | -3.53% | 2.00% | -1.83% | -1.93% | 4.00% | 3.19% | 0.95% | 2.75% | -6.52% | 1.17% | 1.80% | -1.58% | -0.07% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IPOAX is 30, 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 Ivy Systematic Emerging Markets Equity Fund (IPOAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Delaware Ivy Systematic Emerging Markets Equity Fund provided a 3.19% dividend yield over the last twelve months, with an annual payout of $0.62 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.62 | $0.62 | $0.57 | $0.20 | $0.14 | $0.21 | $0.15 | $0.12 | $0.00 | $0.00 | $0.13 | $0.12 |
Dividend yield | 3.19% | 3.35% | 3.23% | 1.20% | 0.55% | 0.75% | 0.74% | 0.69% | 0.00% | 0.00% | 0.93% | 0.76% |
Monthly Dividends
The table displays the monthly dividend distributions for Delaware Ivy Systematic Emerging Markets Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.57 | $0.57 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2020 | $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 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2014 | $0.12 | $0.12 |
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 Ivy Systematic Emerging Markets Equity 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 Ivy Systematic Emerging Markets Equity Fund was 71.98%, occurring on Mar 2, 2009. Recovery took 2942 trading sessions.
The current Delaware Ivy Systematic Emerging Markets Equity Fund drawdown is 33.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -71.98% | Nov 1, 2007 | 333 | Mar 2, 2009 | 2942 | Nov 5, 2020 | 3275 |
| -65.37% | Aug 15, 1997 | 273 | Sep 1, 1998 | 1788 | Sep 29, 2005 | 2061 |
| -47.13% | Feb 18, 2021 | 465 | Dec 20, 2022 | — | — | — |
| -36.05% | Jan 6, 1994 | 274 | Jan 24, 1995 | 614 | Jun 2, 1997 | 888 |
| -18.95% | May 9, 2006 | 25 | Jun 13, 2006 | 107 | Nov 14, 2006 | 132 |
Volatility
Volatility Chart
The current Delaware Ivy Systematic Emerging Markets Equity Fund volatility is 3.65%, 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.