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DEMCX vs. DEMIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

DEMCX vs. DEMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nomura Emerging Markets Fund Class C (DEMCX) and Delaware Emerging Markets Fund (DEMIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with DEMCX having a 67.60% return and DEMIX slightly higher at 68.59%. Over the past 10 years, DEMCX has underperformed DEMIX with an annualized return of 16.80%, while DEMIX has yielded a comparatively higher 18.00% annualized return.


DEMCX

1D
8.32%
1M
-18.28%
6M
33.85%
YTD
67.60%
1Y
153.43%
3Y*
49.76%
5Y*
21.94%
10Y*
16.80%
ALL TIME*
9.70%

DEMIX

1D
8.34%
1M
-18.22%
6M
34.53%
YTD
68.59%
1Y
156.06%
3Y*
51.27%
5Y*
23.17%
10Y*
18.00%
ALL TIME*
10.80%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

DEMCX vs. DEMIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
DEMCX
Nomura Emerging Markets Fund Class C
67.60%84.86%5.47%16.47%-29.38%-3.05%24.55%23.16%-17.94%40.59%
DEMIX
Delaware Emerging Markets Fund
68.59%86.79%6.52%17.59%-28.66%-2.08%26.09%24.33%-17.10%41.98%

Correlation

The correlation between DEMCX and DEMIX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

1.00

Correlation (3Y)
Balances recent behavior with more history.

1.00

Correlation (5Y)
Shows whether the relationship held over a longer period.

1.00

Correlation (10Y)
Provides a long-term view across more market conditions.

1.00

Correlation (All Time)
Calculated using the full available price history since Jun 10, 1996

1.00

The correlation between DEMCX and DEMIX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

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Return for Risk

DEMCX vs. DEMIX — Risk / Return Rank

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

DEMCX
DEMCX Risk / Return Rank: 9191
Overall Rank
DEMCX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
DEMCX Sortino Ratio Rank: 8282
Sortino Ratio Rank
DEMCX Omega Ratio Rank: 8686
Omega Ratio Rank
DEMCX Calmar Ratio Rank: 9494
Calmar Ratio Rank
DEMCX Martin Ratio Rank: 9696
Martin Ratio Rank

DEMIX
DEMIX Risk / Return Rank: 9191
Overall Rank
DEMIX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
DEMIX Sortino Ratio Rank: 8282
Sortino Ratio Rank
DEMIX Omega Ratio Rank: 8787
Omega Ratio Rank
DEMIX Calmar Ratio Rank: 9595
Calmar Ratio Rank
DEMIX Martin Ratio Rank: 9696
Martin Ratio Rank
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.

DEMCX vs. DEMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nomura Emerging Markets Fund Class C (DEMCX) and Delaware Emerging Markets Fund (DEMIX). 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.


DEMCXDEMIXDifference
Sharpe ratioReturn per unit of total volatility

-0.05

Sortino ratioReturn per unit of downside risk

-0.03

Omega ratioGain probability vs. loss probability

1.43

1.43

-0.01

Calmar ratioReturn relative to maximum drawdown

3.98

4.06

-0.08

Martin ratioReturn relative to average drawdown

16.56

16.90

-0.34

DEMCX vs. DEMIX - Sharpe Ratio Comparison

The current DEMCX Sharpe Ratio is 2.75, which is comparable to the DEMIX Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of DEMCX and DEMIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

DEMCX vs. DEMIX - Drawdown Comparison

The maximum DEMCX drawdown since its inception was -63.54%, roughly equal to the maximum DEMIX drawdown of -63.15%. Use the drawdown chart below to compare losses from any high point for DEMCX and DEMIX.


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Drawdown Indicators


DEMCXDEMIXDifference

Max Drawdown

Largest peak-to-trough decline

-63.54%

-63.15%

-0.39%

Max Drawdown (1Y)

Largest decline over 1 year

-36.58%

-36.51%

-0.07%

Max Drawdown (3Y)

Largest decline over 3 years

-36.58%

-36.51%

-0.07%

Max Drawdown (5Y)

Largest decline over 5 years

-38.96%

-38.47%

-0.49%

Max Drawdown (10Y)

Largest decline over 10 years

-47.21%

-46.29%

-0.92%

Current Drawdown

Current decline from peak

-31.31%

-31.22%

-0.09%

Average Drawdown

Average peak-to-trough decline

-19.59%

-18.43%

-1.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.76%

8.73%

+0.03%

Volatility

DEMCX vs. DEMIX - Volatility Comparison

Nomura Emerging Markets Fund Class C (DEMCX) and Delaware Emerging Markets Fund (DEMIX) have volatilities of 25.07% and 25.06%, 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.


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Volatility by Period


DEMCXDEMIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

25.07%

25.06%

+0.01%

Volatility (6M)

Calculated over the trailing 6-month period

49.53%

49.51%

+0.02%

Volatility (1Y)

Calculated over the trailing 1-year period

52.91%

52.91%

0.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.11%

30.10%

+0.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.79%

25.79%

0.00%

DEMCX vs. DEMIX - Expense Ratio Comparison

DEMCX has a 2.17% expense ratio, which is higher than DEMIX's 1.26% expense ratio.


Dividends

DEMCX vs. DEMIX - Dividend Comparison

DEMCX's dividend yield for the trailing twelve months is around 12.22%, more than DEMIX's 11.25% yield.


PositionTTM20252024202320222021202020192018201720162015
DEMCX
Nomura Emerging Markets Fund Class C
12.22%20.47%1.09%2.03%0.69%2.58%0.61%0.00%0.00%1.03%0.08%0.00%
DEMIX
Delaware Emerging Markets Fund
11.25%18.97%1.99%2.95%1.89%3.42%0.87%0.80%0.65%1.80%0.94%0.30%

Frequently Asked Questions


With a correlation of 1.00, DEMCX and DEMIX 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.

DEMCX has higher volatility (25.07%) compared to DEMIX (25.06%). In terms of maximum drawdown, DEMCX dropped -63.54% vs DEMIX's -63.15%.

DEMIX currently has the higher Sharpe Ratio (2.80 vs 2.75), 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.

Portfolio Optimizer

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