Optimum Large Cap Value Fund (OILVX) belongs to the Large Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with OILVX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OILVX
OILVX charges 0.92% annually. There are 209 mutual funds in the Large Cap Value Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Stock Selector Large Cap Value Fun... | 0.01% | — | Dec 2012 | OILVX vs FBLEX | |
| Schwab U.S. Large-Cap Value Index Fund | 0.04% | — | Dec 2017 | OILVX vs SWLVX | |
| Fidelity Large Cap Value Index Fund | 0.04% | 13.00B | Jun 2016 | OILVX vs FLCOX | |
| Vanguard Value Index Fund Institutional Shares | 0.04% | — | Jul 1998 | OILVX vs VIVIX | |
| TIAA-CREF Large-Cap Value Index Fund | 0.05% | — | Oct 2002 | OILVX vs TILVX |
Best Risk-Adjusted Alternatives to OILVX
OILVX has a PortfoliosLab risk / return rank of 56. There are 178 mutual funds in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Growth and Income Fund Institutional Class | 95 | — | Oct 1993 | OILVX vs FGIPX | |
| Delaware Growth and Income Fund | 95 | — | Oct 1993 | OILVX vs FGINX | |
| Al Frank Fund | 95 | — | May 2006 | OILVX vs VALAX | |
| Integrity Dividend Harvest Fund | 94 | — | May 2012 | OILVX vs IDIVX | |
| SA U.S. Value Fund | 94 | — | Aug 1999 | OILVX vs SABTX |
Top Performing OILVX Alternatives (YTD)
OILVX is at 8.11% YTD. There are 210 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 23.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Al Frank Fund | 23.37% | — | May 2006 | OILVX vs VALAX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 21.93% | — | Jun 2022 | OILVX vs AVLVX | |
| PIMCO RAE US Fund | 21.19% | — | Jun 2015 | OILVX vs PKAIX | |
| Calvert US Large-Cap Value Responsible Index Fund | 20.00% | — | Jun 2015 | OILVX vs CFJIX | |
| AMG Yacktman Focused Fund | 19.89% | — | May 1997 | OILVX vs YAFFX |
Lowest Volatility Alternatives to OILVX
OILVX has 10.60% 1-year volatility. There are 90 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 3.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | 3.65% | — | Feb 2021 | OILVX vs ACTIX | |
| The Income Fund of America Class R-1 | 7.36% | — | Dec 1973 | OILVX vs RIDAX | |
| Fidelity Advisor Large Cap Fund Class M | 7.83% | — | Feb 1996 | OILVX vs FALGX | |
| SEI Institutional Managed Trust Tax-Managed Manage... | 8.41% | — | Dec 2007 | OILVX vs TMMAX | |
| American Century Equity Income Fund Class I | 8.50% | — | Jul 1998 | OILVX vs ACIIX |
Lowest Drawdown Alternatives to OILVX
OILVX has a 1-year max drawdown of -7.11%. There are 137 mutual funds in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.90%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | -2.90% | — | Feb 2021 | OILVX vs ACTIX | |
| Hennessy Cornerstone Value Fund | -3.77% | — | Nov 1996 | OILVX vs HFCVX | |
| Buffalo Flexible Income Fund | -4.45% | — | Aug 1994 | OILVX vs BUFBX | |
| Torray Fund | -4.50% | — | Dec 1990 | OILVX vs TORYX | |
| Federated Hermes Strategic Value Dividend Fund | -4.66% | — | Mar 2005 | OILVX vs SVAIX |
Other Mutual Funds from Delaware Funds
The 10 most viewed Delaware Funds mutual funds shown here include DEMIX, WMGAX, WLGAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | Emerging Markets Diversified | 97 | 125.98% | — | Jun 1996 | OILVX vs DEMIX | |
| Delaware Ivy Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | 1.71% | — | Jun 2000 | OILVX vs WMGAX | |
| Delaware Ivy Large Cap Growth Fund | Large Cap Growth Equities | 5 | -3.84% | — | Jun 2000 | OILVX vs WLGAX | |
| Delaware Small Cap Value Fund | Small Cap Value Equities | 59 | 19.80% | — | Jun 1987 | OILVX vs DEVLX | |
| Delaware Small Cap Core Fund | Small Cap Blend Equities | 50 | 18.09% | — | Dec 1998 | OILVX vs DCCIX | |
| Optimum Large Cap Growth Fund | Large Cap Growth Equities | 19 | 3.05% | — | Aug 2003 | OILVX vs OILGX | |
| Delaware Tax Free USA Fund | Municipal Bonds | 45 | 2.51% | — | Jan 1984 | OILVX vs DMTFX | |
| Delaware Value Fund | Large Cap Value Equities | 31 | 6.01% | — | Sep 1998 | OILVX vs DDVIX | |
| Delaware National High-Yield Municipal Bond Fund | High Yield Muni | 30 | 2.29% | — | Sep 1986 | OILVX vs CXHYX | |
| Delaware Opportunity Fund | Mid Cap Value Equities | 85 | 19.42% | — | Aug 1992 | OILVX vs FIUSX |
Often Compared With OILVX
Investors most often compare OILVX with VOO, IVOIX, AVERX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare OILVX with Any Fund or Stock
Compare OILVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OILVX with funds that move differently
Optimum Large Cap Value Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OILVX.
Explore OILVX Diversifiers