- ISIN
- US2461188300
- Issuer
- Delaware Funds
- Inception Date
- Aug 1, 2003
- Category
- Large Cap Value Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
OILVX Performance Chart
Optimum Large Cap Value Fund (OILVX) is up 7.1% since the beginning of the year. OILVX is currently trading at $21 per share. Investors who bought $1,000 worth of OILVX shares 5 years ago would now be looking at an investment worth $1,554.
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Returns By Period
Optimum Large Cap Value Fund (OILVX) has returned 7.10% so far this year and 18.96% over the past 12 months. Over the last ten years, OILVX has returned 10.68% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
Optimum Large Cap Value Fund
- 1D
- 0.57%
- 1M
- 1.83%
- YTD
- 7.10%
- 6M
- 8.55%
- 1Y
- 18.96%
- 3Y*
- 15.24%
- 5Y*
- 9.22%
- 10Y*
- 10.68%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
OILVX Monthly Returns History
Based on dividend-adjusted daily data since Jul 23, 2003, OILVX's average daily return is +0.04%, while the average monthly return is +0.79%. At this rate, an investment would double in approximately 7.3 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +11.7%, while the worst month was Oct 2008 at -17.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, OILVX closed higher 52% of trading days. The best single day was Dec 6, 2023 with a return of +16.8%, while the worst single day was Dec 7, 2023 at -14.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.85% | 2.10% | -5.16% | 5.90% | 0.52% | 0.05% | 7.10% | ||||||
| 2025 | 4.31% | 0.52% | -2.62% | -3.12% | 3.87% | 3.36% | 0.15% | 3.45% | 0.83% | -0.63% | 2.74% | 1.35% | 14.79% |
| 2024 | 0.80% | 3.63% | 4.93% | -3.91% | 2.66% | -0.58% | 4.68% | 2.90% | 0.69% | -1.18% | 5.11% | -6.18% | 13.63% |
| 2023 | 3.43% | -3.58% | -0.59% | 2.00% | -3.39% | 6.31% | 2.89% | -2.31% | -3.64% | -2.77% | 6.90% | 5.11% | 9.90% |
| 2022 | -2.42% | -1.75% | 2.67% | -6.06% | 2.51% | -8.25% | 6.21% | -2.46% | -7.89% | 10.16% | 6.53% | -3.53% | -6.05% |
| 2021 | -1.12% | 4.92% | 6.58% | 4.05% | 2.48% | -1.19% | 1.78% | 2.17% | -3.32% | 5.92% | -3.38% | 6.10% | 27.17% |
Benchmark Metrics
Optimum Large Cap Value Fund has an annualized alpha of 0.26%, beta of 0.93, and R2 of 0.87 versus S&P 500 Index. Calculated based on daily prices since July 24, 2003.
- This fund participated in 96.36% of S&P 500 Index downside but only 94.15% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.93 and R2 of 0.87, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.26%
- Beta
- 0.93
- R²
- 0.87
- Upside Capture
- 94.15%
- Downside Capture
- 96.36%
Expense Ratio
OILVX has an expense ratio of 0.92%, placing it in the medium range.
Return for Risk
Risk / Return Rank
OILVX ranks 46 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Optimum Large Cap Value Fund (OILVX) and compare them to S&P 500 Index.
| OILVX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.41 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 2.93 | -0.18 |
| Martin ratioReturn relative to average drawdown | 10.96 | 13.52 | -2.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Optimum Large Cap Value Fund provided a 7.25% dividend yield over the last twelve months, with an annual payout of $1.53 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.53 | $1.53 | $1.35 | $2.89 | $1.18 | $1.59 | $0.36 | $0.48 | $0.67 | $0.93 | $1.96 | $0.19 |
Dividend yield | 7.25% | 7.76% | 7.30% | 16.51% | 6.33% | 7.55% | 2.02% | 2.74% | 4.72% | 5.68% | 13.20% | 1.28% |
Monthly Dividends
The table displays the monthly dividend distributions for Optimum Large Cap Value 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.53 | $1.53 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.35 | $1.35 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.89 | $2.89 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.18 | $1.18 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.59 | $1.59 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Optimum Large 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 Optimum Large Cap Value Fund was 56.56%, occurring on Mar 9, 2009. Recovery took 889 trading sessions.
The current Optimum Large Cap Value Fund drawdown is 0.52%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -56.56%Mar 2009 | 1y 7mo | 3y 6mo | 5y 2moJul 2007 - Sep 2012 |
COVID crash2020 | -36.99%Mar 2020 | 2mo 2d | 8mo 16d | 10mo 18dJan 2020 - Dec 2020 |
Rate-hike selloffLate 2018 | -19.67%Dec 2018 | 10mo 28d | 6mo 9d | 1y 5moJan 2018 - Jul 2019 |
2016 correction2016 | -18.49%Feb 2016 | 8mo 25d | 9mo 8d | 1y 5moMay 2015 - Nov 2016 |
Bear market2022 | -18.17%Sep 2022 | 8mo 20d | 1y 2mo | 1y 10moJan 2022 - Dec 2023 |
Drawdown Indicators
| OILVX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.56% | -56.78% | +0.22% |
Max Drawdown (1Y)Largest decline over 1 year | -7.11% | -9.10% | +1.99% |
Max Drawdown (3Y)Largest decline over 3 years | -14.78% | -18.90% | +4.12% |
Max Drawdown (5Y)Largest decline over 5 years | -18.17% | -25.43% | +7.26% |
Max Drawdown (10Y)Largest decline over 10 years | -36.99% | -33.92% | -3.07% |
Current DrawdownCurrent decline from peak | -0.52% | -0.74% | +0.22% |
Average DrawdownAverage peak-to-trough decline | -7.31% | -10.72% | +3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.78% | 1.97% | -0.19% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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