DHIVX vs. IEYYX

Last updated Jun 4, 2026

DHIVX (Centre Global Infrastructure Fund) and IEYYX (Delaware Ivy Energy Fund) are both Energy Equities funds. Over the past 5 years, DHIVX returned 9.41%/yr vs 14.65%/yr for IEYYX. A 0.62 correlation means they provide meaningful diversification when combined. DHIVX charges 1.57%/yr vs 1.28%/yr for IEYYX.

Performance

DHIVX vs. IEYYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Centre Global Infrastructure Fund (DHIVX) and Delaware Ivy Energy Fund (IEYYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DHIVX achieves a 12.48% return, which is significantly lower than IEYYX's 22.14% return.

DHIVX

• 1D: 1.31%
• 1M: -0.30%
• YTD: 12.48%
• 6M: 12.57%
• 1Y: 16.50%
• 3Y*: 18.81%
• 5Y*: 9.41%
• 10Y*: —

IEYYX

• 1D: 1.51%
• 1M: 2.36%
• YTD: 22.14%
• 6M: 23.44%
• 1Y: 47.91%
• 3Y*: 13.50%
• 5Y*: 14.65%
• 10Y*: 1.87%

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

DHIVX vs. IEYYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
DHIVX Centre Global Infrastructure Fund	12.48%	16.30%	20.25%	5.34%	-3.28%	7.51%	-7.17%	25.27%	-4.07%
IEYYX Delaware Ivy Energy Fund	22.14%	22.56%	-3.60%	-4.08%	41.14%	43.34%	-38.68%	4.25%	-28.68%

Correlation

The correlation between DHIVX and IEYYX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Mar 28, 2018	0.62

The correlation between DHIVX and IEYYX shifts across timeframes, from 0.43 (1 year) to 0.66 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

DHIVX vs. IEYYX — Risk / Return Rank

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

DHIVX

DHIVX Risk / Return Rank: 44
DHIVX Sharpe Ratio Rank: 34
DHIVX Sortino Ratio Rank: 37
DHIVX Omega Ratio Rank: 33
DHIVX Calmar Ratio Rank: 81
DHIVX Martin Ratio Rank: 35

IEYYX

IEYYX Risk / Return Rank: 96
IEYYX Sharpe Ratio Rank: 98
IEYYX Sortino Ratio Rank: 95
IEYYX Omega Ratio Rank: 91
IEYYX Calmar Ratio Rank: 99
IEYYX Martin Ratio Rank: 98

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.

DHIVX vs. IEYYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Centre Global Infrastructure Fund (DHIVX) and Delaware Ivy Energy Fund (IEYYX). 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.

	DHIVX	IEYYX	Difference
Sharpe ratio: Return per unit of total volatility	1.67	3.79	-2.13
Sortino ratio: Return per unit of downside risk	2.54	5.03	-2.49
Omega ratio: Gain probability vs. loss probability	1.30	1.67	-0.36
Calmar ratio: Return relative to maximum drawdown	3.73	10.77	-7.03
Martin ratio: Return relative to average drawdown	7.86	36.59	-28.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DHIVX vs. IEYYX - Sharpe Ratio Comparison

The current DHIVX Sharpe Ratio is 1.67, which is lower than the IEYYX Sharpe Ratio of 3.79. The chart below compares the historical Sharpe Ratios of DHIVX and IEYYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DHIVX	IEYYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.67	3.79	-2.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.68	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.06	+0.51

Drawdowns

DHIVX vs. IEYYX - Drawdown Comparison

The maximum DHIVX drawdown since its inception was -36.18%, smaller than the maximum IEYYX drawdown of -85.16%. Use the drawdown chart below to compare losses from any high point for DHIVX and IEYYX.

Drawdown Indicators

	DHIVX	IEYYX	Difference
Max Drawdown Largest peak-to-trough decline	-36.18%	-85.16%	+48.98%
Max Drawdown (1Y) Largest decline over 1 year	-4.37%	-4.55%	+0.18%
Max Drawdown (3Y) Largest decline over 3 years	-9.92%	-22.71%	+12.79%
Max Drawdown (5Y) Largest decline over 5 years	-20.41%	-30.43%	+10.02%
Max Drawdown (10Y) Largest decline over 10 years	—	-81.45%	—
Current Drawdown Current decline from peak	-2.29%	-21.07%	+18.78%
Average Drawdown Average peak-to-trough decline	-5.59%	-35.17%	+29.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	1.33%	+0.75%

Volatility

DHIVX vs. IEYYX - Volatility Comparison

The current volatility for Centre Global Infrastructure Fund (DHIVX) is 3.28%, while Delaware Ivy Energy Fund (IEYYX) has a volatility of 4.37%. This indicates that DHIVX experiences smaller price fluctuations and is considered to be less risky than IEYYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DHIVX	IEYYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	4.37%	-1.09%
Volatility (6M) Calculated over the trailing 6-month period	7.72%	9.70%	-1.98%
Volatility (1Y) Calculated over the trailing 1-year period	9.79%	12.93%	-3.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.36%	21.73%	-9.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.68%	30.87%	-16.19%

DHIVX vs. IEYYX - Expense Ratio Comparison

DHIVX has a 1.57% expense ratio, which is higher than IEYYX's 1.28% expense ratio.

Dividends

DHIVX vs. IEYYX - Dividend Comparison

DHIVX's dividend yield for the trailing twelve months is around 3.50%, more than IEYYX's 0.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DHIVX Centre Global Infrastructure Fund	3.50%	3.66%	2.54%	1.60%	1.85%	1.70%	2.43%	2.31%	2.45%	0.00%
IEYYX Delaware Ivy Energy Fund	0.71%	0.87%	0.91%	2.37%	1.33%	1.49%	2.17%	0.00%	0.00%	0.36%

Frequently Asked Questions

Can I hold both DHIVX and IEYYX in my portfolio?

DHIVX and IEYYX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DHIVX or IEYYX?

IEYYX has higher volatility (4.37%) compared to DHIVX (3.28%). In terms of maximum drawdown, DHIVX dropped -36.18% vs IEYYX's -85.16%.

Which has better risk-adjusted returns?

IEYYX currently has the higher Sharpe Ratio (3.79 vs 1.67), 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.