DDFLX vs. DEEIX
DDFLX (Delaware Floating Rate Fund) and DEEIX (Delaware Extended Duration Bond Fund) are both mutual funds - DDFLX is a Bank Loan fund managed by Delaware Funds by Macquarie, while DEEIX is a Long-Term Bond fund managed by Delaware Funds by Macquarie. Over the past 10 years, DDFLX returned 5.37%/yr vs 1.95%/yr for DEEIX. At a 0.13 correlation, their price movements are largely independent. DDFLX charges 0.67%/yr vs 0.57%/yr for DEEIX.
Performance
DDFLX vs. DEEIX - Performance Comparison
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Returns By Period
In the year-to-date period, DDFLX achieves a 1.63% return, which is significantly higher than DEEIX's 0.93% return. Over the past 10 years, DDFLX has outperformed DEEIX with an annualized return of 5.37%, while DEEIX has yielded a comparatively lower 1.95% annualized return.
DDFLX
- 1D
- 0.00%
- 1M
- 0.28%
- YTD
- 1.63%
- 6M
- 2.20%
- 1Y
- 5.93%
- 3Y*
- 7.89%
- 5Y*
- 5.74%
- 10Y*
- 5.37%
DEEIX
- 1D
- -0.57%
- 1M
- 1.31%
- YTD
- 0.93%
- 6M
- 1.23%
- 1Y
- 6.11%
- 3Y*
- 3.61%
- 5Y*
- -2.72%
- 10Y*
- 1.95%
DDFLX vs. DEEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DDFLX Delaware Floating Rate Fund | 1.63% | 6.01% | 8.92% | 10.75% | -0.62% | 5.46% | 3.17% | 10.69% | 1.26% | 4.55% |
DEEIX Delaware Extended Duration Bond Fund | 0.93% | 6.26% | -1.29% | 9.21% | -26.47% | -0.70% | 15.17% | 22.02% | -7.69% | 12.61% |
Correlation
The correlation between DDFLX and DEEIX is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2010 | 0.13 |
The correlation between DDFLX and DEEIX shifts across timeframes, from 0.08 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
DDFLX vs. DEEIX — Risk / Return Rank
DDFLX
DEEIX
DDFLX vs. DEEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Floating Rate Fund (DDFLX) and Delaware Extended Duration Bond Fund (DEEIX). 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.
| DDFLX | DEEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.79 | ||
| Sortino ratioReturn per unit of downside risk | +5.13 | ||
| Omega ratioGain probability vs. loss probability | 2.11 | 1.15 | +0.96 |
| Calmar ratioReturn relative to maximum drawdown | 5.38 | 1.23 | +4.15 |
| Martin ratioReturn relative to average drawdown | 19.55 | 3.12 | +16.43 |
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Drawdowns
DDFLX vs. DEEIX - Drawdown Comparison
The maximum DDFLX drawdown since its inception was -18.09%, smaller than the maximum DEEIX drawdown of -34.48%. Use the drawdown chart below to compare losses from any high point for DDFLX and DEEIX.
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Drawdown Indicators
| DDFLX | DEEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.09% | -34.48% | +16.39% |
Max Drawdown (1Y)Largest decline over 1 year | -1.11% | -5.14% | +4.03% |
Max Drawdown (3Y)Largest decline over 3 years | -2.05% | -12.53% | +10.48% |
Max Drawdown (5Y)Largest decline over 5 years | -5.18% | -34.48% | +29.30% |
Max Drawdown (10Y)Largest decline over 10 years | -18.09% | -34.48% | +16.39% |
Current DrawdownCurrent decline from peak | -0.25% | -16.71% | +16.46% |
Average DrawdownAverage peak-to-trough decline | -0.67% | -6.46% | +5.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.30% | 2.02% | -1.72% |
Volatility
DDFLX vs. DEEIX - Volatility Comparison
The current volatility for Delaware Floating Rate Fund (DDFLX) is 0.66%, while Delaware Extended Duration Bond Fund (DEEIX) has a volatility of 1.83%. This indicates that DDFLX experiences smaller price fluctuations and is considered to be less risky than DEEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DDFLX | DEEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.66% | 1.83% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 1.63% | 5.43% | -3.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.27% | 7.47% | -5.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.70% | 11.60% | -8.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.50% | 10.61% | -7.11% |
DDFLX vs. DEEIX - Expense Ratio Comparison
DDFLX has a 0.67% expense ratio, which is higher than DEEIX's 0.57% expense ratio.
Dividends
DDFLX vs. DEEIX - Dividend Comparison
DDFLX's dividend yield for the trailing twelve months is around 6.80%, more than DEEIX's 5.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DDFLX Delaware Floating Rate Fund | 6.80% | 7.21% | 8.62% | 7.17% | 5.04% | 3.96% | 4.89% | 6.54% | 5.73% | 4.33% | 2.09% | 2.34% |
DEEIX Delaware Extended Duration Bond Fund | 5.19% | 5.05% | 4.90% | 3.95% | 4.35% | 7.87% | 10.28% | 4.79% | 4.56% | 3.74% | 3.75% | 4.62% |
Frequently Asked Questions
DDFLX and DEEIX have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DEEIX has higher volatility (1.83%) compared to DDFLX (0.66%). In terms of maximum drawdown, DDFLX dropped -18.09% vs DEEIX's -34.48%.
DDFLX currently has the higher Sharpe Ratio (2.64 vs 0.85), 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.
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