DEEIX vs. DDFLX
DEEIX (Delaware Extended Duration Bond Fund) and DDFLX (Delaware Floating Rate Fund) are both mutual funds - DEEIX is a Long-Term Bond fund managed by Delaware Funds by Macquarie, while DDFLX is a Bank Loan fund managed by Delaware Funds by Macquarie. Over the past 10 years, DEEIX returned 1.95%/yr vs 5.37%/yr for DDFLX. At a 0.13 correlation, their price movements are largely independent. DEEIX charges 0.57%/yr vs 0.67%/yr for DDFLX.
Performance
DEEIX vs. DDFLX - Performance Comparison
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Returns By Period
In the year-to-date period, DEEIX achieves a 0.93% return, which is significantly lower than DDFLX's 1.63% return. Over the past 10 years, DEEIX has underperformed DDFLX with an annualized return of 1.95%, while DDFLX has yielded a comparatively higher 5.37% annualized return.
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
- 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 vs. DDFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Correlation
The correlation between DEEIX and DDFLX 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 DEEIX and DDFLX 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
DEEIX vs. DDFLX — Risk / Return Rank
DEEIX
DDFLX
DEEIX vs. DDFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Extended Duration Bond Fund (DEEIX) and Delaware Floating Rate Fund (DDFLX). 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.
| DEEIX | DDFLX | 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 | 1.15 | 2.11 | -0.96 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | 5.38 | -4.15 |
| Martin ratioReturn relative to average drawdown | 3.12 | 19.55 | -16.43 |
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Drawdowns
DEEIX vs. DDFLX - Drawdown Comparison
The maximum DEEIX drawdown since its inception was -34.48%, which is greater than DDFLX's maximum drawdown of -18.09%. Use the drawdown chart below to compare losses from any high point for DEEIX and DDFLX.
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Drawdown Indicators
| DEEIX | DDFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.48% | -18.09% | -16.39% |
Max Drawdown (1Y)Largest decline over 1 year | -5.14% | -1.11% | -4.03% |
Max Drawdown (3Y)Largest decline over 3 years | -12.53% | -2.05% | -10.48% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | -5.18% | -29.30% |
Max Drawdown (10Y)Largest decline over 10 years | -34.48% | -18.09% | -16.39% |
Current DrawdownCurrent decline from peak | -16.71% | -0.25% | -16.46% |
Average DrawdownAverage peak-to-trough decline | -6.46% | -0.67% | -5.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 0.30% | +1.72% |
Volatility
DEEIX vs. DDFLX - Volatility Comparison
Delaware Extended Duration Bond Fund (DEEIX) has a higher volatility of 1.83% compared to Delaware Floating Rate Fund (DDFLX) at 0.66%. This indicates that DEEIX's price experiences larger fluctuations and is considered to be riskier than DDFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEEIX | DDFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.83% | 0.66% | +1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 5.43% | 1.63% | +3.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.47% | 2.27% | +5.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.60% | 2.70% | +8.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.61% | 3.50% | +7.11% |
DEEIX vs. DDFLX - Expense Ratio Comparison
DEEIX has a 0.57% expense ratio, which is lower than DDFLX's 0.67% expense ratio.
Dividends
DEEIX vs. DDFLX - Dividend Comparison
DEEIX's dividend yield for the trailing twelve months is around 5.19%, less than DDFLX's 6.80% 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
DEEIX and DDFLX 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, DEEIX dropped -34.48% vs DDFLX's -18.09%.
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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