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DEFFX vs. DLHIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

DEFFX vs. DLHIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delaware Tax-Free Minnesota Fund (DEFFX) and Delaware Healthcare Fund (DLHIX). The values are adjusted to include any dividend payments, if applicable.

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DEFFX vs. DLHIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
DEFFX
Delaware Tax-Free Minnesota Fund
-1.13%4.51%3.36%4.20%-9.79%2.13%4.02%7.35%0.89%5.36%
DLHIX
Delaware Healthcare Fund
-5.80%22.27%8.76%5.42%-0.99%5.48%12.02%31.82%-0.59%32.29%

Returns By Period

In the year-to-date period, DEFFX achieves a -1.13% return, which is significantly higher than DLHIX's -5.80% return. Over the past 10 years, DEFFX has underperformed DLHIX with an annualized return of 1.86%, while DLHIX has yielded a comparatively higher 10.50% annualized return.


DEFFX

1D
0.27%
1M
-3.35%
YTD
-1.13%
6M
0.77%
1Y
3.43%
3Y*
2.95%
5Y*
0.55%
10Y*
1.86%

DLHIX

1D
1.18%
1M
-8.50%
YTD
-5.80%
6M
6.03%
1Y
14.04%
3Y*
10.99%
5Y*
6.84%
10Y*
10.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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DEFFX vs. DLHIX - Expense Ratio Comparison

DEFFX has a 0.85% expense ratio, which is lower than DLHIX's 0.98% expense ratio.


Return for Risk

DEFFX vs. DLHIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DEFFX
DEFFX Risk / Return Rank: 2525
Overall Rank
DEFFX Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
DEFFX Sortino Ratio Rank: 2222
Sortino Ratio Rank
DEFFX Omega Ratio Rank: 4040
Omega Ratio Rank
DEFFX Calmar Ratio Rank: 2121
Calmar Ratio Rank
DEFFX Martin Ratio Rank: 1717
Martin Ratio Rank

DLHIX
DLHIX Risk / Return Rank: 3131
Overall Rank
DLHIX Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
DLHIX Sortino Ratio Rank: 2828
Sortino Ratio Rank
DLHIX Omega Ratio Rank: 2323
Omega Ratio Rank
DLHIX Calmar Ratio Rank: 4545
Calmar Ratio Rank
DLHIX Martin Ratio Rank: 2929
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DEFFX vs. DLHIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delaware Tax-Free Minnesota Fund (DEFFX) and Delaware Healthcare Fund (DLHIX). 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.


DEFFXDLHIXDifference

Sharpe ratio

Return per unit of total volatility

0.66

0.69

-0.03

Sortino ratio

Return per unit of downside risk

0.93

1.05

-0.12

Omega ratio

Gain probability vs. loss probability

1.19

1.13

+0.06

Calmar ratio

Return relative to maximum drawdown

0.64

1.13

-0.49

Martin ratio

Return relative to average drawdown

1.84

3.18

-1.34

DEFFX vs. DLHIX - Sharpe Ratio Comparison

The current DEFFX Sharpe Ratio is 0.66, which is comparable to the DLHIX Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of DEFFX and DLHIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


DEFFXDLHIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.66

0.69

-0.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.12

0.44

-0.32

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

0.59

-0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

1.14

0.70

+0.44

Correlation

The correlation between DEFFX and DLHIX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

DEFFX vs. DLHIX - Dividend Comparison

DEFFX's dividend yield for the trailing twelve months is around 3.63%, less than DLHIX's 11.84% yield.


TTM20252024202320222021202020192018201720162015
DEFFX
Delaware Tax-Free Minnesota Fund
3.63%4.69%3.94%2.81%2.59%2.18%2.77%3.63%3.51%4.33%3.26%3.52%
DLHIX
Delaware Healthcare Fund
11.84%11.16%14.00%6.97%9.16%5.41%6.19%7.63%2.11%3.23%8.20%7.90%

Drawdowns

DEFFX vs. DLHIX - Drawdown Comparison

The maximum DEFFX drawdown since its inception was -14.70%, smaller than the maximum DLHIX drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for DEFFX and DLHIX.


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Drawdown Indicators


DEFFXDLHIXDifference

Max Drawdown

Largest peak-to-trough decline

-14.70%

-34.64%

+19.94%

Max Drawdown (1Y)

Largest decline over 1 year

-6.37%

-10.30%

+3.93%

Max Drawdown (5Y)

Largest decline over 5 years

-14.70%

-19.79%

+5.09%

Max Drawdown (10Y)

Largest decline over 10 years

-14.70%

-25.60%

+10.90%

Current Drawdown

Current decline from peak

-3.35%

-9.24%

+5.89%

Average Drawdown

Average peak-to-trough decline

-1.81%

-5.56%

+3.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.20%

4.01%

-1.81%

Volatility

DEFFX vs. DLHIX - Volatility Comparison

The current volatility for Delaware Tax-Free Minnesota Fund (DEFFX) is 1.40%, while Delaware Healthcare Fund (DLHIX) has a volatility of 5.80%. This indicates that DEFFX experiences smaller price fluctuations and is considered to be less risky than DLHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DEFFXDLHIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.40%

5.80%

-4.40%

Volatility (6M)

Calculated over the trailing 6-month period

2.10%

12.04%

-9.94%

Volatility (1Y)

Calculated over the trailing 1-year period

6.63%

19.40%

-12.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.64%

15.80%

-11.16%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.30%

17.92%

-13.62%