DLHIX vs. FITLX

Last updated Jun 23, 2026

DLHIX (Delaware Healthcare Fund) and FITLX (Fidelity U.S. Sustainability Index Fund) are both mutual funds - DLHIX is a Health & Biotech Equities fund managed by Delaware Funds by Macquarie, while FITLX is a Large Cap Blend Equities fund tracking the MSCI USA ESG Leaders Index. Over the past 5 years, DLHIX returned 7.01%/yr vs 14.03%/yr for FITLX. A 0.66 correlation means they provide meaningful diversification when combined. DLHIX charges 0.98%/yr vs 0.11%/yr for FITLX.

Performance

DLHIX vs. FITLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delaware Healthcare Fund (DLHIX) and Fidelity U.S. Sustainability Index Fund (FITLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DLHIX achieves a -1.59% return, which is significantly lower than FITLX's 9.39% return.

DLHIX

• 1D: -0.54%
• 1M: -0.73%
• YTD: -1.59%
• 6M: -2.29%
• 1Y: 25.33%
• 3Y*: 11.42%
• 5Y*: 7.01%
• 10Y*: 10.97%

FITLX

• 1D: 0.82%
• 1M: 0.45%
• YTD: 9.39%
• 6M: 8.71%
• 1Y: 28.18%
• 3Y*: 20.97%
• 5Y*: 14.03%
• 10Y*: —

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

DLHIX vs. FITLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DLHIX Delaware Healthcare Fund	-1.59%	22.27%	8.76%	5.42%	-0.99%	5.48%	12.02%	31.82%	-0.59%	16.67%
FITLX Fidelity U.S. Sustainability Index Fund	9.39%	18.77%	23.59%	29.04%	-20.28%	31.55%	18.69%	31.54%	-3.32%	13.07%

Correlation

The correlation between DLHIX and FITLX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (All Time) Calculated using the full available price history since May 9, 2017	0.66

Over the past year, the correlation between DLHIX and FITLX has dropped to 0.45 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.

Return for Risk

DLHIX vs. FITLX — Risk / Return Rank

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

DLHIX

DLHIX Risk / Return Rank: 33
DLHIX Sharpe Ratio Rank: 31
DLHIX Sortino Ratio Rank: 32
DLHIX Omega Ratio Rank: 27
DLHIX Calmar Ratio Rank: 44
DLHIX Martin Ratio Rank: 33

FITLX

FITLX Risk / Return Rank: 54
FITLX Sharpe Ratio Rank: 58
FITLX Sortino Ratio Rank: 54
FITLX Omega Ratio Rank: 54
FITLX Calmar Ratio Rank: 46
FITLX Martin Ratio Rank: 56

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.

DLHIX vs. FITLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delaware Healthcare Fund (DLHIX) and Fidelity U.S. Sustainability Index Fund (FITLX). 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.

	DLHIX	FITLX	Difference
Sharpe ratio: Return per unit of total volatility	1.48	2.06	-0.58
Sortino ratio: Return per unit of downside risk	2.19	2.84	-0.64
Omega ratio: Gain probability vs. loss probability	1.25	1.37	-0.12
Calmar ratio: Return relative to maximum drawdown	2.41	2.47	-0.07
Martin ratio: Return relative to average drawdown	6.98	10.59	-3.62

DLHIX vs. FITLX - Sharpe Ratio Comparison

The current DLHIX Sharpe Ratio is 1.48, which is comparable to the FITLX Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of DLHIX and FITLX, 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

DLHIX vs. FITLX - Drawdown Comparison

The maximum DLHIX drawdown since its inception was -34.64%, roughly equal to the maximum FITLX drawdown of -34.35%. Use the drawdown chart below to compare losses from any high point for DLHIX and FITLX.

Drawdown Indicators

	DLHIX	FITLX	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	-34.35%	-0.29%
Max Drawdown (1Y) Largest decline over 1 year	-10.30%	-11.15%	+0.85%
Max Drawdown (3Y) Largest decline over 3 years	-19.79%	-19.99%	+0.20%
Max Drawdown (5Y) Largest decline over 5 years	-19.79%	-26.91%	+7.12%
Max Drawdown (10Y) Largest decline over 10 years	-25.60%	—	—
Current Drawdown Current decline from peak	-5.18%	-1.42%	-3.76%
Average Drawdown Average peak-to-trough decline	-5.55%	-5.06%	-0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	2.60%	+0.94%

Volatility

DLHIX vs. FITLX - Volatility Comparison

Delaware Healthcare Fund (DLHIX) and Fidelity U.S. Sustainability Index Fund (FITLX) have volatilities of 5.25% and 5.11%, 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

	DLHIX	FITLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.25%	5.11%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	12.21%	10.76%	+1.45%
Volatility (1Y) Calculated over the trailing 1-year period	16.75%	13.36%	+3.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.00%	17.68%	-1.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.94%	19.11%	-1.17%

DLHIX vs. FITLX - Expense Ratio Comparison

DLHIX has a 0.98% expense ratio, which is higher than FITLX's 0.11% expense ratio.

Dividends

DLHIX vs. FITLX - Dividend Comparison

DLHIX's dividend yield for the trailing twelve months is around 11.34%, more than FITLX's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLHIX Delaware Healthcare Fund	11.34%	11.16%	14.00%	6.97%	9.16%	5.41%	6.19%	7.63%	2.11%	3.23%	8.20%	7.90%
FITLX Fidelity U.S. Sustainability Index Fund	1.01%	1.11%	1.29%	1.12%	1.49%	0.99%	1.01%	1.41%	1.58%	0.76%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DLHIX and FITLX in my portfolio?

DLHIX and FITLX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DLHIX or FITLX?

DLHIX has higher volatility (5.25%) compared to FITLX (5.11%). In terms of maximum drawdown, DLHIX dropped -34.64% vs FITLX's -34.35%.

Which has better risk-adjusted returns?

FITLX currently has the higher Sharpe Ratio (2.06 vs 1.48), 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.