DLHIX vs. FFRIX
Compare and contrast key facts about Delaware Healthcare Fund (DLHIX) and Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX).
DLHIX is managed by Delaware Funds by Macquarie. It was launched on Sep 27, 2007. FFRIX is managed by Fidelity. It was launched on Aug 16, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DLHIX or FFRIX.
Key characteristics
| DLHIX | FFRIX | |
|---|---|---|
| YTD Return | 14.50% | 8.06% |
| 1Y Return | 18.97% | 9.82% |
| 3Y Return (Ann) | -0.18% | 6.35% |
| 5Y Return (Ann) | 2.27% | 5.62% |
| 10Y Return (Ann) | 3.85% | 4.54% |
| Sharpe Ratio | 1.50 | 3.82 |
| Sortino Ratio | 2.02 | 11.32 |
| Omega Ratio | 1.27 | 3.64 |
| Calmar Ratio | 0.97 | 11.36 |
| Martin Ratio | 7.37 | 59.04 |
| Ulcer Index | 2.79% | 0.17% |
| Daily Std Dev | 13.74% | 2.56% |
| Max Drawdown | -37.64% | -22.13% |
| Current Drawdown | -6.73% | 0.00% |
Correlation
The correlation between DLHIX and FFRIX is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DLHIX vs. FFRIX - Performance Comparison
In the year-to-date period, DLHIX achieves a 14.50% return, which is significantly higher than FFRIX's 8.06% return. Over the past 10 years, DLHIX has underperformed FFRIX with an annualized return of 3.85%, while FFRIX has yielded a comparatively higher 4.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DLHIX vs. FFRIX - Expense Ratio Comparison
DLHIX has a 0.98% expense ratio, which is higher than FFRIX's 0.72% expense ratio.
Risk-Adjusted Performance
DLHIX vs. FFRIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Healthcare Fund (DLHIX) and Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX). 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.
Dividends
DLHIX vs. FFRIX - Dividend Comparison
DLHIX's dividend yield for the trailing twelve months is around 0.76%, less than FFRIX's 8.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLHIX Delaware Healthcare Fund | 0.76% | 0.87% | 0.25% | 0.16% | 0.44% | 0.10% | 0.91% | 3.23% | 1.27% | 1.12% | 0.32% | 0.00% |
FFRIX Fidelity Advisor Floating Rate High Income Fund Class I | 8.34% | 8.21% | 5.00% | 3.20% | 3.79% | 5.11% | 4.66% | 3.95% | 3.86% | 4.21% | 3.94% | 3.40% |
Drawdowns
DLHIX vs. FFRIX - Drawdown Comparison
The maximum DLHIX drawdown since its inception was -37.64%, which is greater than FFRIX's maximum drawdown of -22.13%. Use the drawdown chart below to compare losses from any high point for DLHIX and FFRIX. For additional features, visit the drawdowns tool.
Volatility
DLHIX vs. FFRIX - Volatility Comparison
Delaware Healthcare Fund (DLHIX) has a higher volatility of 3.58% compared to Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) at 0.62%. This indicates that DLHIX's price experiences larger fluctuations and is considered to be riskier than FFRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.