DEEIX vs. VLMIX
DEEIX (Delaware Extended Duration Bond Fund) and VLMIX (Vanguard Long-Term Investment-Grade Fund Investor Shares) are both Long-Term Bond funds. Over the past 5 years, DEEIX returned -2.72%/yr vs 5.92%/yr for VLMIX. At a 0.12 correlation, their price movements are largely independent. DEEIX charges 0.57%/yr vs 0.20%/yr for VLMIX.
Performance
DEEIX vs. VLMIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DEEIX achieves a 1.08% return, which is significantly higher than VLMIX's -0.96% return.
DEEIX
- 1D
- 0.14%
- 1M
- 1.46%
- YTD
- 1.08%
- 6M
- 0.95%
- 1Y
- 5.57%
- 3Y*
- 3.66%
- 5Y*
- -2.72%
- 10Y*
- 1.97%
VLMIX
- 1D
- -0.24%
- 1M
- 0.53%
- YTD
- -0.96%
- 6M
- -2.70%
- 1Y
- -3.18%
- 3Y*
- 6.83%
- 5Y*
- 5.92%
- 10Y*
- —
DEEIX vs. VLMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEEIX Delaware Extended Duration Bond Fund | 1.08% | 6.26% | -1.29% | 9.21% | -26.47% | -0.70% | 15.17% | 22.02% | -7.69% | 3.85% |
VLMIX Vanguard Long-Term Investment-Grade Fund Investor Shares | -0.96% | 1.01% | 7.83% | 22.39% | -9.40% | 20.12% | 20.25% | 35.69% | 4.91% | 7.31% |
Correlation
The correlation between DEEIX and VLMIX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Aug 23, 2017 | 0.12 |
Over the past year, DEEIX and VLMIX have become more correlated (0.39) than their long-term average of 0.12, meaning their price movements have been converging.
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. VLMIX — Risk / Return Rank
DEEIX
VLMIX
DEEIX vs. VLMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Extended Duration Bond Fund (DEEIX) and Vanguard Long-Term Investment-Grade Fund Investor Shares (VLMIX). 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 | VLMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.98 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | -0.19 | +1.42 |
| Martin ratioReturn relative to average drawdown | 3.11 | -0.52 | +3.63 |
Loading charts...
Drawdowns
DEEIX vs. VLMIX - Drawdown Comparison
The maximum DEEIX drawdown since its inception was -34.48%, roughly equal to the maximum VLMIX drawdown of -35.47%. Use the drawdown chart below to compare losses from any high point for DEEIX and VLMIX.
Loading charts...
Drawdown Indicators
| DEEIX | VLMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.48% | -35.47% | +0.99% |
Max Drawdown (1Y)Largest decline over 1 year | -5.14% | -11.77% | +6.63% |
Max Drawdown (3Y)Largest decline over 3 years | -12.53% | -17.59% | +5.06% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | -21.85% | -12.63% |
Max Drawdown (10Y)Largest decline over 10 years | -34.48% | — | — |
Current DrawdownCurrent decline from peak | -16.59% | -8.13% | -8.46% |
Average DrawdownAverage peak-to-trough decline | -6.46% | -4.82% | -1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 4.26% | -2.24% |
Volatility
DEEIX vs. VLMIX - Volatility Comparison
The current volatility for Delaware Extended Duration Bond Fund (DEEIX) is 1.82%, while Vanguard Long-Term Investment-Grade Fund Investor Shares (VLMIX) has a volatility of 3.57%. This indicates that DEEIX experiences smaller price fluctuations and is considered to be less risky than VLMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DEEIX | VLMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 3.57% | -1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 5.43% | 10.22% | -4.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.45% | 13.59% | -6.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.60% | 16.88% | -5.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.60% | 18.67% | -8.07% |
DEEIX vs. VLMIX - Expense Ratio Comparison
DEEIX has a 0.57% expense ratio, which is higher than VLMIX's 0.20% expense ratio.
Dividends
DEEIX vs. VLMIX - Dividend Comparison
DEEIX's dividend yield for the trailing twelve months is around 5.18%, more than VLMIX's 2.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEEIX Delaware Extended Duration Bond Fund | 5.18% | 5.05% | 4.90% | 3.95% | 4.35% | 7.87% | 10.28% | 4.79% | 4.56% | 3.74% | 3.75% | 4.62% |
VLMIX Vanguard Long-Term Investment-Grade Fund Investor Shares | 2.16% | 2.14% | 1.21% | 0.22% | 7.46% | 8.18% | 8.10% | 1.63% | 5.11% | 1.61% | 0.00% | 0.00% |
Frequently Asked Questions
DEEIX and VLMIX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VLMIX has higher volatility (3.57%) compared to DEEIX (1.82%). In terms of maximum drawdown, DEEIX dropped -34.48% vs VLMIX's -35.47%.
DEEIX currently has the higher Sharpe Ratio (0.85 vs -0.16), 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 VLMIX
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