Correlation
The correlation between DEMIX and SPY is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
DEMIX vs. SPY
Compare and contrast key facts about Delaware Emerging Markets Fund (DEMIX) and SPDR S&P 500 ETF (SPY).
DEMIX is managed by Delaware Funds. It was launched on Jun 9, 1996. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DEMIX or SPY.
Performance
DEMIX vs. SPY - Performance Comparison
Loading data...
Key characteristics
DEMIX:
0.26
SPY:
0.70
DEMIX:
0.36
SPY:
1.02
DEMIX:
1.04
SPY:
1.15
DEMIX:
0.11
SPY:
0.68
DEMIX:
0.34
SPY:
2.57
DEMIX:
9.69%
SPY:
4.93%
DEMIX:
23.77%
SPY:
20.42%
DEMIX:
-74.11%
SPY:
-55.19%
DEMIX:
-14.62%
SPY:
-3.55%
Returns By Period
In the year-to-date period, DEMIX achieves a 11.79% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, DEMIX has underperformed SPY with an annualized return of 5.81%, while SPY has yielded a comparatively higher 12.73% annualized return.
DEMIX
11.79%
7.46%
10.56%
7.73%
6.64%
7.41%
5.81%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DEMIX vs. SPY - Expense Ratio Comparison
DEMIX has a 1.26% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
DEMIX vs. SPY — Risk-Adjusted Performance Rank
DEMIX
SPY
DEMIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Emerging Markets Fund (DEMIX) and SPDR S&P 500 ETF (SPY). 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.
Loading data...
Dividends
DEMIX vs. SPY - Dividend Comparison
DEMIX's dividend yield for the trailing twelve months is around 1.78%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEMIX Delaware Emerging Markets Fund | 1.78% | 1.99% | 2.95% | 1.89% | 3.42% | 0.71% | 0.80% | 0.65% | 1.80% | 0.94% | 0.30% | 3.13% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DEMIX vs. SPY - Drawdown Comparison
The maximum DEMIX drawdown since its inception was -74.11%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DEMIX and SPY.
Loading data...
Volatility
DEMIX vs. SPY - Volatility Comparison
Delaware Emerging Markets Fund (DEMIX) and SPDR S&P 500 ETF (SPY) have volatilities of 4.96% and 4.86%, 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 data...