DEDIX vs. FIUSX

Last updated Aug 1, 2026

DEDIX (Delaware Emerging Markets Debt Corporate Fund) and FIUSX (Delaware Opportunity Fund) are both mutual funds - DEDIX is a Emerging Markets Bonds fund managed by Delaware Funds, while FIUSX is a Mid Cap Value Equities fund managed by Delaware Funds. Over the past 10 years, DEDIX returned 4.35%/yr vs 10.81%/yr for FIUSX. Their 0.24 correlation means their historical movements had little consistent relationship. DEDIX charges 0.79%/yr vs 1.15%/yr for FIUSX.

Performance

DEDIX vs. FIUSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delaware Emerging Markets Debt Corporate Fund (DEDIX) and Delaware Opportunity Fund (FIUSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DEDIX achieves a 0.54% return, which is significantly lower than FIUSX's 20.40% return. Over the past 10 years, DEDIX has underperformed FIUSX with an annualized return of 4.35%, while FIUSX has yielded a comparatively higher 10.81% annualized return.

DEDIX

• 1D: 0.13%
• 1M: -0.58%
• 6M: -0.06%
• YTD: 0.54%
• 1Y: 4.22%
• 3Y*: 7.32%
• 5Y*: 2.70%
• 10Y*: 4.35%
• ALL TIME*: 4.38%

FIUSX

• 1D: 0.72%
• 1M: 0.23%
• 6M: 14.67%
• YTD: 20.40%
• 1Y: 31.34%
• 3Y*: 17.45%
• 5Y*: 11.30%
• 10Y*: 10.81%
• ALL TIME*: 8.99%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DEDIX Delaware Emerging Markets Debt Corporate Fund	$0.00	$0.00	$0.00
FIUSX Delaware Opportunity Fund	$0.00	$0.00	$0.00

DEDIX vs. FIUSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DEDIX Delaware Emerging Markets Debt Corporate Fund	0.54%	9.51%	7.90%	8.72%	-10.60%	0.56%	6.81%	15.91%	-4.69%	12.40%
FIUSX Delaware Opportunity Fund	20.40%	12.60%	14.07%	11.68%	-9.62%	30.95%	0.88%	29.58%	-15.71%	18.67%

Correlation

The correlation between DEDIX and FIUSX is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (3Y) Balances recent behavior with more history.	0.29
Correlation (5Y) Shows whether the relationship held over a longer period.	0.26
Correlation (10Y) Provides a long-term view across more market conditions.	0.23
Correlation (All Time) Calculated using the full available price history since Oct 3, 2013	0.24

The correlation between DEDIX and FIUSX shifts across timeframes, from 0.23 (10 years) to 0.35 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

DEDIX vs. FIUSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DEDIX

DEDIX Risk / Return Rank: 71
DEDIX Sharpe Ratio Rank: 84
DEDIX Sortino Ratio Rank: 85
DEDIX Omega Ratio Rank: 88
DEDIX Calmar Ratio Rank: 47
DEDIX Martin Ratio Rank: 49

FIUSX

FIUSX Risk / Return Rank: 89
FIUSX Sharpe Ratio Rank: 86
FIUSX Sortino Ratio Rank: 85
FIUSX Omega Ratio Rank: 81
FIUSX Calmar Ratio Rank: 96
FIUSX Martin Ratio Rank: 95

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DEDIX vs. FIUSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delaware Emerging Markets Debt Corporate Fund (DEDIX) and Delaware Opportunity Fund (FIUSX). 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.

	DEDIX	FIUSX	Difference
Sharpe ratio: Return per unit of total volatility	2.05	2.12	-0.07
Sortino ratio: Return per unit of downside risk	3.09	3.08	+0.01
Omega ratio: Gain probability vs. loss probability	1.46	1.37	+0.09
Calmar ratio: Return relative to maximum drawdown	1.84	4.38	-2.54
Martin ratio: Return relative to average drawdown	6.94	16.24	-9.30

DEDIX vs. FIUSX - Sharpe Ratio Comparison

The current DEDIX Sharpe Ratio is 2.05, which is comparable to the FIUSX Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of DEDIX and FIUSX, 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

DEDIX vs. FIUSX - Drawdown Comparison

The maximum DEDIX drawdown since its inception was -20.06%, smaller than the maximum FIUSX drawdown of -56.30%. Use the drawdown chart below to compare losses from any high point for DEDIX and FIUSX.

Drawdown Indicators

	DEDIX	FIUSX	Difference
Max Drawdown Largest peak-to-trough decline	-20.06%	-56.30%	+36.24%
Max Drawdown (1Y) Largest decline over 1 year	-2.46%	-6.75%	+4.29%
Max Drawdown (3Y) Largest decline over 3 years	-3.01%	-21.69%	+18.68%
Max Drawdown (5Y) Largest decline over 5 years	-20.06%	-21.69%	+1.63%
Max Drawdown (10Y) Largest decline over 10 years	-20.06%	-46.38%	+26.32%
Current Drawdown Current decline from peak	-1.09%	-1.08%	-0.01%
Average Drawdown Average peak-to-trough decline	-3.37%	-9.41%	+6.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.65%	1.82%	-1.17%

Volatility

DEDIX vs. FIUSX - Volatility Comparison

The current volatility for Delaware Emerging Markets Debt Corporate Fund (DEDIX) is 0.57%, while Delaware Opportunity Fund (FIUSX) has a volatility of 2.98%. This indicates that DEDIX experiences smaller price fluctuations and is considered to be less risky than FIUSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DEDIX	FIUSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.57%	2.98%	-2.41%
Volatility (6M) Calculated over the trailing 6-month period	1.88%	10.60%	-8.72%
Volatility (1Y) Calculated over the trailing 1-year period	2.20%	13.96%	-11.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.38%	18.05%	-14.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.05%	20.51%	-16.46%

DEDIX vs. FIUSX - Expense Ratio Comparison

DEDIX has a 0.79% expense ratio, which is lower than FIUSX's 1.15% expense ratio.

Dividends

DEDIX vs. FIUSX - Dividend Comparison

DEDIX's dividend yield for the trailing twelve months is around 5.39%, less than FIUSX's 9.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEDIX Delaware Emerging Markets Debt Corporate Fund	5.39%	5.76%	6.69%	5.40%	4.96%	4.42%	4.38%	4.31%	5.59%	6.04%	4.02%	3.54%
FIUSX Delaware Opportunity Fund	9.58%	11.53%	12.68%	2.85%	8.96%	5.62%	1.60%	40.65%	12.11%	6.00%	4.23%	1.14%

Frequently Asked Questions

Can I hold both DEDIX and FIUSX in my portfolio?

DEDIX and FIUSX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DEDIX or FIUSX?

FIUSX has higher volatility (2.98%) compared to DEDIX (0.57%). In terms of maximum drawdown, DEDIX dropped -20.06% vs FIUSX's -56.30%.

Which has better risk-adjusted returns?

FIUSX currently has the higher Sharpe Ratio (2.12 vs 2.05), 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.