DLHIX vs. IPOAX
Compare and contrast key facts about Delaware Healthcare Fund (DLHIX) and Delaware Ivy Systematic Emerging Markets Equity Fund (IPOAX).
DLHIX is managed by Delaware Funds by Macquarie. It was launched on Sep 27, 2007. IPOAX is managed by Delaware Funds by Macquarie. It was launched on Oct 24, 1993.
Performance
DLHIX vs. IPOAX - Performance Comparison
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DLHIX vs. IPOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLHIX Delaware Healthcare Fund | -5.80% | 22.27% | 8.76% | 5.42% | -0.99% | 5.48% | 12.02% | 31.82% | -0.59% | 32.29% |
IPOAX Delaware Ivy Systematic Emerging Markets Equity Fund | 2.17% | 26.53% | 7.71% | 10.86% | -27.56% | -4.67% | 35.01% | 23.23% | -19.83% | 42.47% |
Returns By Period
In the year-to-date period, DLHIX achieves a -5.80% return, which is significantly lower than IPOAX's 2.17% return. Over the past 10 years, DLHIX has outperformed IPOAX with an annualized return of 10.50%, while IPOAX has yielded a comparatively lower 8.30% annualized return.
DLHIX
- 1D
- 1.18%
- 1M
- -8.50%
- YTD
- -5.80%
- 6M
- 6.03%
- 1Y
- 14.04%
- 3Y*
- 10.99%
- 5Y*
- 6.84%
- 10Y*
- 10.50%
IPOAX
- 1D
- 0.09%
- 1M
- -12.40%
- YTD
- 2.17%
- 6M
- 7.77%
- 1Y
- 27.28%
- 3Y*
- 13.56%
- 5Y*
- 0.86%
- 10Y*
- 8.30%
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DLHIX vs. IPOAX - Expense Ratio Comparison
DLHIX has a 0.98% expense ratio, which is lower than IPOAX's 1.15% expense ratio.
Return for Risk
DLHIX vs. IPOAX — Risk / Return Rank
DLHIX
IPOAX
DLHIX vs. IPOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Healthcare Fund (DLHIX) and Delaware Ivy Systematic Emerging Markets Equity Fund (IPOAX). 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.
| DLHIX | IPOAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 1.46 | -0.77 |
Sortino ratioReturn per unit of downside risk | 1.05 | 1.92 | -0.87 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.29 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.13 | 1.83 | -0.70 |
Martin ratioReturn relative to average drawdown | 3.18 | 6.85 | -3.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DLHIX | IPOAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 1.46 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.04 | +0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.41 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.23 | +0.47 |
Correlation
The correlation between DLHIX and IPOAX is 0.50, 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.
Dividends
DLHIX vs. IPOAX - Dividend Comparison
DLHIX's dividend yield for the trailing twelve months is around 11.84%, more than IPOAX's 9.80% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLHIX Delaware Healthcare Fund | 11.84% | 11.16% | 14.00% | 6.97% | 9.16% | 5.41% | 6.19% | 7.63% | 2.11% | 3.23% | 8.20% | 7.90% |
IPOAX Delaware Ivy Systematic Emerging Markets Equity Fund | 9.80% | 10.01% | 3.35% | 3.23% | 14.83% | 0.55% | 0.75% | 0.74% | 0.68% | 0.00% | 0.00% | 0.93% |
Drawdowns
DLHIX vs. IPOAX - Drawdown Comparison
The maximum DLHIX drawdown since its inception was -34.64%, smaller than the maximum IPOAX drawdown of -67.11%. Use the drawdown chart below to compare losses from any high point for DLHIX and IPOAX.
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Drawdown Indicators
| DLHIX | IPOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.64% | -67.11% | +32.47% |
Max Drawdown (1Y)Largest decline over 1 year | -10.30% | -13.39% | +3.09% |
Max Drawdown (5Y)Largest decline over 5 years | -19.79% | -42.92% | +23.13% |
Max Drawdown (10Y)Largest decline over 10 years | -25.60% | -45.79% | +20.19% |
Current DrawdownCurrent decline from peak | -9.24% | -13.31% | +4.07% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -23.79% | +18.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.01% | 3.58% | +0.43% |
Volatility
DLHIX vs. IPOAX - Volatility Comparison
The current volatility for Delaware Healthcare Fund (DLHIX) is 5.80%, while Delaware Ivy Systematic Emerging Markets Equity Fund (IPOAX) has a volatility of 8.95%. This indicates that DLHIX experiences smaller price fluctuations and is considered to be less risky than IPOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DLHIX | IPOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.80% | 8.95% | -3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 12.04% | 13.68% | -1.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.40% | 18.26% | +1.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.80% | 19.62% | -3.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.92% | 20.12% | -2.20% |