DFUVX vs. FGINX

Last updated Aug 4, 2026

DFUVX (DFA U.S. Large Cap Value III Portfolio) and FGINX (Delaware Growth and Income Fund) are both Large Cap Value Equities funds. Over the past 10 years, DFUVX returned 11.41%/yr vs 13.53%/yr for FGINX. Their correlation of 0.91 means they have usually moved in the same direction. DFUVX charges 0.14%/yr vs 1.02%/yr for FGINX.

Performance

DFUVX vs. FGINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA U.S. Large Cap Value III Portfolio (DFUVX) and Delaware Growth and Income Fund (FGINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFUVX achieves a 19.27% return, which is significantly lower than FGINX's 23.27% return. Over the past 10 years, DFUVX has underperformed FGINX with an annualized return of 11.41%, while FGINX has yielded a comparatively higher 13.53% annualized return.

DFUVX

• 1D: 0.30%
• 1M: 2.22%
• 6M: 12.90%
• YTD: 19.27%
• 1Y: 33.47%
• 3Y*: 17.28%
• 5Y*: 10.82%
• 10Y*: 11.41%
• ALL TIME*: 9.36%

FGINX

• 1D: 0.24%
• 1M: 3.93%
• 6M: 14.39%
• YTD: 23.27%
• 1Y: 46.78%
• 3Y*: 25.13%
• 5Y*: 17.52%
• 10Y*: 13.53%
• ALL TIME*: 9.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DFUVX DFA U.S. Large Cap Value III Portfolio	$0.00	$0.00	$0.00
FGINX Delaware Growth and Income Fund	$0.00	$0.00	$0.00

DFUVX vs. FGINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFUVX DFA U.S. Large Cap Value III Portfolio	19.27%	15.83%	12.87%	11.65%	-5.73%	22.75%	-0.45%	25.62%	-11.58%	18.60%
FGINX Delaware Growth and Income Fund	23.27%	29.78%	15.13%	11.98%	3.03%	21.37%	-0.08%	25.64%	-10.27%	18.08%

Correlation

The correlation between DFUVX and FGINX is 0.86, 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.	0.86
Correlation (3Y) Balances recent behavior with more history.	0.92
Correlation (5Y) Shows whether the relationship held over a longer period.	0.93
Correlation (10Y) Provides a long-term view across more market conditions.	0.93
Correlation (All Time) Calculated using the full available price history since Jun 20, 1996	0.91

The correlation between DFUVX and FGINX has been stable across timeframes, ranging from 0.86 to 0.93 - a consistent structural relationship.

Return for Risk

DFUVX vs. FGINX — Risk / Return Rank

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

DFUVX

DFUVX Risk / Return Rank: 96
DFUVX Sharpe Ratio Rank: 97
DFUVX Sortino Ratio Rank: 95
DFUVX Omega Ratio Rank: 92
DFUVX Calmar Ratio Rank: 97
DFUVX Martin Ratio Rank: 97

FGINX

FGINX Risk / Return Rank: 98
FGINX Sharpe Ratio Rank: 99
FGINX Sortino Ratio Rank: 98
FGINX Omega Ratio Rank: 97
FGINX Calmar Ratio Rank: 98
FGINX Martin Ratio Rank: 98

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.

DFUVX vs. FGINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA U.S. Large Cap Value III Portfolio (DFUVX) and Delaware Growth and Income Fund (FGINX). 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.

	DFUVX	FGINX	Difference
Sharpe ratio: Return per unit of total volatility	2.87	3.86	-0.99
Sortino ratio: Return per unit of downside risk	4.02	5.27	-1.25
Omega ratio: Gain probability vs. loss probability	1.51	1.69	-0.18
Calmar ratio: Return relative to maximum drawdown	5.50	6.21	-0.71
Martin ratio: Return relative to average drawdown	20.91	23.98	-3.06

DFUVX vs. FGINX - Sharpe Ratio Comparison

The current DFUVX Sharpe Ratio is 2.87, which is comparable to the FGINX Sharpe Ratio of 3.86. The chart below compares the historical Sharpe Ratios of DFUVX and FGINX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DFUVX vs. FGINX - Drawdown Comparison

The maximum DFUVX drawdown since its inception was -65.60%, which is greater than FGINX's maximum drawdown of -54.80%. Use the drawdown chart below to compare losses from any high point for DFUVX and FGINX.

Drawdown Indicators

	DFUVX	FGINX	Difference
Max Drawdown Largest peak-to-trough decline	-65.60%	-54.80%	-10.80%
Max Drawdown (1Y) Largest decline over 1 year	-5.85%	-7.34%	+1.49%
Max Drawdown (3Y) Largest decline over 3 years	-17.04%	-13.28%	-3.76%
Max Drawdown (5Y) Largest decline over 5 years	-20.33%	-16.21%	-4.12%
Max Drawdown (10Y) Largest decline over 10 years	-41.76%	-37.37%	-4.39%
Current Drawdown Current decline from peak	-0.40%	-0.10%	-0.30%
Average Drawdown Average peak-to-trough decline	-9.79%	-9.65%	-0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.57%	1.90%	-0.33%

Volatility

DFUVX vs. FGINX - Volatility Comparison

DFA U.S. Large Cap Value III Portfolio (DFUVX) and Delaware Growth and Income Fund (FGINX) have volatilities of 2.53% and 2.53%, 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.

Volatility by Period

	DFUVX	FGINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.53%	2.53%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	8.20%	8.76%	-0.56%
Volatility (1Y) Calculated over the trailing 1-year period	11.23%	11.84%	-0.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.82%	14.85%	+0.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.31%	16.97%	+1.34%

DFUVX vs. FGINX - Expense Ratio Comparison

DFUVX has a 0.14% expense ratio, which is lower than FGINX's 1.02% expense ratio.

Dividends

DFUVX vs. FGINX - Dividend Comparison

DFUVX's dividend yield for the trailing twelve months is around 1.48%, less than FGINX's 9.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFUVX DFA U.S. Large Cap Value III Portfolio	1.48%	1.31%	1.94%	5.68%	5.84%	1.77%	2.09%	5.04%	9.79%	7.99%	4.90%	8.03%
FGINX Delaware Growth and Income Fund	9.02%	11.28%	12.40%	7.11%	7.04%	11.97%	6.59%	51.75%	25.36%	5.13%	4.12%	5.66%

Frequently Asked Questions

Can I hold both DFUVX and FGINX in my portfolio?

DFUVX and FGINX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFUVX or FGINX?

FGINX has higher volatility (2.53%) compared to DFUVX (2.53%). In terms of maximum drawdown, DFUVX dropped -65.60% vs FGINX's -54.80%.

Which has better risk-adjusted returns?

FGINX currently has the higher Sharpe Ratio (3.86 vs 2.87), 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.