DCCIX vs. VTI

Last updated Jun 24, 2026

DCCIX (Delaware Small Cap Core Fund) and VTI (Vanguard Total Stock Market ETF) are both funds - DCCIX is a Small Cap Blend Equities fund managed by Delaware Funds, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Over the past 10 years, DCCIX returned 11.20%/yr vs 15.14%/yr for VTI. Their correlation of 0.88 suggests significant overlap in exposure. DCCIX charges 0.81%/yr vs 0.03%/yr for VTI.

Performance

DCCIX vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delaware Small Cap Core Fund (DCCIX) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DCCIX achieves a 18.71% return, which is significantly higher than VTI's 8.82% return. Over the past 10 years, DCCIX has underperformed VTI with an annualized return of 11.20%, while VTI has yielded a comparatively higher 15.14% annualized return.

DCCIX

• 1D: 1.09%
• 1M: 5.89%
• YTD: 18.71%
• 6M: 16.80%
• 1Y: 30.60%
• 3Y*: 15.10%
• 5Y*: 6.67%
• 10Y*: 11.20%

VTI

• 1D: -1.39%
• 1M: -0.84%
• YTD: 8.82%
• 6M: 7.71%
• 1Y: 24.22%
• 3Y*: 20.62%
• 5Y*: 11.90%
• 10Y*: 15.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DCCIX vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DCCIX Delaware Small Cap Core Fund	18.71%	4.59%	10.27%	14.65%	-15.94%	23.23%	14.81%	26.04%	-11.82%	14.06%
VTI Vanguard Total Stock Market ETF	8.82%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between DCCIX and VTI is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since May 31, 2001	0.88

The correlation between DCCIX and VTI shifts across timeframes, from 0.78 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DCCIX vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DCCIX

DCCIX Risk / Return Rank: 55
DCCIX Sharpe Ratio Rank: 50
DCCIX Sortino Ratio Rank: 52
DCCIX Omega Ratio Rank: 43
DCCIX Calmar Ratio Rank: 73
DCCIX Martin Ratio Rank: 57

VTI

VTI Risk / Return Rank: 59
VTI Sharpe Ratio Rank: 58
VTI Sortino Ratio Rank: 56
VTI Omega Ratio Rank: 57
VTI Calmar Ratio Rank: 57
VTI Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DCCIX vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delaware Small Cap Core Fund (DCCIX) and Vanguard Total Stock Market ETF (VTI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DCCIX	VTI	Difference
Sharpe ratio: Return per unit of total volatility	1.92	1.90	+0.02
Sortino ratio: Return per unit of downside risk	2.78	2.59	+0.19
Omega ratio: Gain probability vs. loss probability	1.32	1.34	-0.02
Calmar ratio: Return relative to maximum drawdown	3.16	2.73	+0.43
Martin ratio: Return relative to average drawdown	10.75	12.14	-1.39

DCCIX vs. VTI - Sharpe Ratio Comparison

The current DCCIX Sharpe Ratio is 1.92, which is comparable to the VTI Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of DCCIX and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DCCIX vs. VTI - Drawdown Comparison

The maximum DCCIX drawdown since its inception was -59.44%, which is greater than VTI's maximum drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for DCCIX and VTI.

Drawdown Indicators

	DCCIX	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-59.44%	-55.45%	-3.99%
Max Drawdown (1Y) Largest decline over 1 year	-10.35%	-8.92%	-1.43%
Max Drawdown (3Y) Largest decline over 3 years	-26.47%	-19.30%	-7.17%
Max Drawdown (5Y) Largest decline over 5 years	-26.71%	-25.36%	-1.35%
Max Drawdown (10Y) Largest decline over 10 years	-39.44%	-35.00%	-4.44%
Current Drawdown Current decline from peak	0.00%	-2.85%	+2.85%
Average Drawdown Average peak-to-trough decline	-9.28%	-8.01%	-1.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	2.00%	+1.03%

Volatility

DCCIX vs. VTI - Volatility Comparison

Delaware Small Cap Core Fund (DCCIX) and Vanguard Total Stock Market ETF (VTI) have volatilities of 5.04% and 4.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DCCIX	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.04%	4.95%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	12.31%	10.05%	+2.26%
Volatility (1Y) Calculated over the trailing 1-year period	17.07%	12.83%	+4.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.02%	17.51%	+3.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.20%	18.32%	+3.88%

DCCIX vs. VTI - Expense Ratio Comparison

DCCIX has a 0.81% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

DCCIX vs. VTI - Dividend Comparison

DCCIX's dividend yield for the trailing twelve months is around 3.71%, more than VTI's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DCCIX Delaware Small Cap Core Fund	3.71%	4.40%	1.18%	4.17%	3.82%	6.35%	0.40%	2.03%	10.74%	7.97%	1.11%	3.11%
VTI Vanguard Total Stock Market ETF	1.04%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both DCCIX and VTI in my portfolio?

DCCIX and VTI have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DCCIX or VTI?

DCCIX has higher volatility (5.04%) compared to VTI (4.95%). In terms of maximum drawdown, DCCIX dropped -59.44% vs VTI's -55.45%.

Which has better risk-adjusted returns?

DCCIX currently has the higher Sharpe Ratio (1.92 vs 1.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.