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
| ISIN | US4658978667 |
|---|---|
| CUSIP | 465897866 |
| Issuer | Delaware Funds by Macquarie |
| Inception Date | Oct 24, 1993 |
| Category | Emerging Markets Diversified |
| Min. Investment | $1,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | 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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Popular comparisons: IPOAX vs. SPY
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 7.24% year-to-date (YTD) and 11.64% in the last 12 months. Over the past 10 years, Delaware Ivy Systematic Emerging Markets Equity Fund had an annualized return of 4.03%, while the S&P 500 had an annualized return of 10.92%, indicating that Delaware Ivy Systematic Emerging Markets Equity Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.24% | 17.95% |
| 1 month | -1.40% | 3.13% |
| 6 months | 2.99% | 9.95% |
| 1 year | 11.64% | 24.88% |
| 5 years (annualized) | 4.31% | 13.37% |
| 10 years (annualized) | 4.03% | 10.92% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.26% | 5.27% | 1.92% | -0.49% | 3.04% | 3.42% | -0.71% | -0.15% | 7.24% | ||||
| 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% | -3.54% | -27.56% |
| 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% | 2.53% | 6.10% | 23.23% |
| 2018 | 8.45% | -4.33% | -1.19% | -4.26% | -3.10% | -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% | -2.97% | -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% |
| 2013 | 1.12% | -0.97% | -3.14% | 2.88% | -1.89% | -6.92% | 2.22% | -0.15% | 4.58% | 4.88% | 3.56% | 3.54% | 9.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IPOAX is 12, indicating that it is in the bottom 12% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 granted a 3.01% dividend yield in the last twelve months. The annual payout for that period amounted to $0.57 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.57 | $0.57 | $2.44 | $0.14 | $0.21 | $0.15 | $0.11 | $0.00 | $0.00 | $0.12 | $0.12 | $0.08 |
Dividend yield | 3.01% | 3.23% | 14.83% | 0.55% | 0.75% | 0.74% | 0.68% | 0.00% | 0.00% | 0.93% | 0.76% | 0.53% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| 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 | $2.44 | $2.44 |
| 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 | $0.11 | $0.11 |
| 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 | $0.12 | $0.12 |
| 2014 | $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 |
| 2013 | $0.08 | $0.08 |
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 67.11%, occurring on Oct 27, 2008. Recovery took 2189 trading sessions.
The current Delaware Ivy Systematic Emerging Markets Equity Fund drawdown is 28.22%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -67.11% | Nov 1, 2007 | 248 | Oct 27, 2008 | 2189 | Jul 11, 2017 | 2437 |
| -65.37% | Aug 15, 1997 | 273 | Sep 1, 1998 | 1788 | Sep 29, 2005 | 2061 |
| -45.79% | Feb 18, 2021 | 430 | Oct 31, 2022 | — | — | — |
| -37.7% | Jan 29, 2018 | 541 | Mar 23, 2020 | 95 | Aug 6, 2020 | 636 |
| -36.05% | Jan 6, 1994 | 274 | Jan 24, 1995 | 614 | Jun 2, 1997 | 888 |
Volatility
Volatility Chart
The current Delaware Ivy Systematic Emerging Markets Equity Fund volatility is 4.26%, 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.