DEEIX vs. RPLCX
DEEIX (Delaware Extended Duration Bond Fund) and RPLCX (T. Rowe Price Institutional Long Duration Credit Fund) are both Long-Term Bond funds. Over the past 10 years, DEEIX returned 1.16%/yr vs 1.39%/yr for RPLCX. Their correlation of 0.95 means they have usually moved in the same direction. DEEIX charges 0.57%/yr vs 0.45%/yr for RPLCX.
Performance
DEEIX vs. RPLCX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DEEIX achieves a -2.81% return, which is significantly higher than RPLCX's -3.01% return. Over the past 10 years, DEEIX has underperformed RPLCX with an annualized return of 1.16%, while RPLCX has yielded a comparatively higher 1.39% annualized return.
DEEIX
- 1D
- 0.23%
- 1M
- -3.90%
- 6M
- -3.16%
- YTD
- -2.81%
- 1Y
- -0.44%
- 3Y*
- 2.11%
- 5Y*
- -4.10%
- 10Y*
- 1.16%
- ALL TIME*
- 5.92%
RPLCX
- 1D
- 0.00%
- 1M
- -3.49%
- 6M
- -3.19%
- YTD
- -3.01%
- 1Y
- 0.08%
- 3Y*
- 2.38%
- 5Y*
- -4.14%
- 10Y*
- 1.39%
- ALL TIME*
- 3.23%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
DEEIX vs. RPLCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEEIX Delaware Extended Duration Bond Fund | -2.81% | 6.26% | -1.29% | 9.21% | -26.47% | -0.70% | 15.17% | 22.02% | -7.69% | 12.61% |
RPLCX T. Rowe Price Institutional Long Duration Credit Fund | -3.01% | 7.65% | -1.84% | 9.05% | -27.00% | -0.19% | 16.73% | 23.72% | -6.27% | 11.03% |
Correlation
The correlation between DEEIX and RPLCX is 0.94, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.94 |
Correlation (3Y) Balances recent behavior with more history. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.97 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.95 |
The correlation between DEEIX and RPLCX has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DEEIX vs. RPLCX — Risk / Return Rank
DEEIX
RPLCX
DEEIX vs. RPLCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Extended Duration Bond Fund (DEEIX) and T. Rowe Price Institutional Long Duration Credit Fund (RPLCX). 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 | RPLCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.03 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | 0.22 | -0.07 |
| Martin ratioReturn relative to average drawdown | 0.36 | 0.53 | -0.18 |
Loading charts...
Drawdowns
DEEIX vs. RPLCX - Drawdown Comparison
The maximum DEEIX drawdown since its inception was -34.48%, roughly equal to the maximum RPLCX drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for DEEIX and RPLCX.
Loading charts...
Drawdown Indicators
| DEEIX | RPLCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.48% | -35.21% | +0.73% |
Max Drawdown (1Y)Largest decline over 1 year | -5.40% | -5.21% | -0.19% |
Max Drawdown (3Y)Largest decline over 3 years | -9.91% | -10.43% | +0.52% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | -35.21% | +0.73% |
Max Drawdown (10Y)Largest decline over 10 years | -34.48% | -35.21% | +0.73% |
Current DrawdownCurrent decline from peak | -19.79% | -19.99% | +0.20% |
Average DrawdownAverage peak-to-trough decline | -6.51% | -10.22% | +3.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 2.18% | +0.05% |
Volatility
DEEIX vs. RPLCX - Volatility Comparison
Delaware Extended Duration Bond Fund (DEEIX) and T. Rowe Price Institutional Long Duration Credit Fund (RPLCX) have volatilities of 1.96% and 1.96%, 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.
Loading charts...
Volatility by Period
| DEEIX | RPLCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.96% | 1.96% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 5.55% | 5.80% | -0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.31% | 7.73% | -0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.58% | 11.61% | -0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.59% | 10.58% | +0.01% |
DEEIX vs. RPLCX - Expense Ratio Comparison
DEEIX has a 0.57% expense ratio, which is higher than RPLCX's 0.45% expense ratio.
Dividends
DEEIX vs. RPLCX - Dividend Comparison
DEEIX's dividend yield for the trailing twelve months is around 4.94%, more than RPLCX's 4.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEEIX Delaware Extended Duration Bond Fund | 4.94% | 5.05% | 4.90% | 3.95% | 4.35% | 7.87% | 10.28% | 4.79% | 4.56% | 3.74% | 3.75% | 4.62% |
RPLCX T. Rowe Price Institutional Long Duration Credit Fund | 4.65% | 5.32% | 5.17% | 4.15% | 3.54% | 6.09% | 7.16% | 13.58% | 4.33% | 4.07% | 3.79% | 4.70% |
Frequently Asked Questions
With a correlation of 0.94, DEEIX and RPLCX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
RPLCX has higher volatility (1.96%) compared to DEEIX (1.96%). In terms of maximum drawdown, DEEIX dropped -34.48% vs RPLCX's -35.21%.
RPLCX currently has the higher Sharpe Ratio (0.15 vs 0.11), 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.
Find the right allocation for DEEIX and RPLCX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer