DPDFX vs. IYY
DPDFX (Delaware Diversified Income Fund) and IYY (iShares Dow Jones U.S. ETF) are both funds - DPDFX is a Intermediate Core-Plus Bond fund managed by Delaware Funds, while IYY is a Large Cap Blend Equities fund tracking the Dow Jones U.S. Index. Over the past 10 years, DPDFX returned 2.72%/yr vs 15.01%/yr for IYY. At a correlation of -0.04, they often move in opposite directions. DPDFX charges 0.70%/yr vs 0.20%/yr for IYY.
Performance
DPDFX vs. IYY - Performance Comparison
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Returns By Period
In the year-to-date period, DPDFX achieves a 0.62% return, which is significantly lower than IYY's 10.92% return. Over the past 10 years, DPDFX has underperformed IYY with an annualized return of 2.72%, while IYY has yielded a comparatively higher 15.01% annualized return.
DPDFX
- 1D
- 0.13%
- 1M
- 0.74%
- YTD
- 0.62%
- 6M
- 0.61%
- 1Y
- 6.07%
- 3Y*
- 4.55%
- 5Y*
- 0.77%
- 10Y*
- 2.72%
IYY
- 1D
- -0.73%
- 1M
- 5.06%
- YTD
- 10.92%
- 6M
- 10.83%
- 1Y
- 27.47%
- 3Y*
- 22.10%
- 5Y*
- 12.92%
- 10Y*
- 15.01%
DPDFX vs. IYY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DPDFX Delaware Diversified Income Fund | 0.62% | 7.39% | 1.91% | 6.05% | -13.93% | 1.64% | 10.96% | 11.98% | -1.98% | 5.34% |
IYY iShares Dow Jones U.S. ETF | 10.92% | 17.08% | 24.15% | 26.48% | -19.57% | 26.38% | 20.10% | 30.78% | -5.16% | 21.33% |
Correlation
The correlation between DPDFX and IYY is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jun 19, 2000 | -0.04 |
The correlation between DPDFX and IYY shifts across timeframes, from -0.04 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DPDFX vs. IYY — Risk / Return Rank
DPDFX
IYY
DPDFX vs. IYY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Diversified Income Fund (DPDFX) and iShares Dow Jones U.S. ETF (IYY). 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.
| DPDFX | IYY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.42 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 3.09 | -0.85 |
| Martin ratioReturn relative to average drawdown | 6.70 | 14.19 | -7.49 |
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
| DPDFX | IYY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 2.30 | -0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.76 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.83 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.21 | 0.44 | +0.76 |
Drawdowns
DPDFX vs. IYY - Drawdown Comparison
The maximum DPDFX drawdown since its inception was -18.64%, smaller than the maximum IYY drawdown of -55.17%. Use the drawdown chart below to compare losses from any high point for DPDFX and IYY.
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Drawdown Indicators
| DPDFX | IYY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.64% | -55.17% | +36.53% |
Max Drawdown (1Y)Largest decline over 1 year | -2.81% | -8.94% | +6.13% |
Max Drawdown (3Y)Largest decline over 3 years | -6.91% | -19.06% | +12.15% |
Max Drawdown (5Y)Largest decline over 5 years | -18.64% | -25.46% | +6.82% |
Max Drawdown (10Y)Largest decline over 10 years | -18.64% | -34.90% | +16.26% |
Current DrawdownCurrent decline from peak | -1.05% | -0.73% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -2.20% | -10.84% | +8.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 1.94% | -1.01% |
Volatility
DPDFX vs. IYY - Volatility Comparison
The current volatility for Delaware Diversified Income Fund (DPDFX) is 1.44%, while iShares Dow Jones U.S. ETF (IYY) has a volatility of 2.93%. This indicates that DPDFX experiences smaller price fluctuations and is considered to be less risky than IYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DPDFX | IYY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.44% | 2.93% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 2.90% | 9.04% | -6.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.04% | 12.01% | -7.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.14% | 17.12% | -10.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.05% | 18.16% | -13.11% |
DPDFX vs. IYY - Expense Ratio Comparison
DPDFX has a 0.70% expense ratio, which is higher than IYY's 0.20% expense ratio.
Dividends
DPDFX vs. IYY - Dividend Comparison
DPDFX's dividend yield for the trailing twelve months is around 4.34%, more than IYY's 0.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DPDFX Delaware Diversified Income Fund | 4.34% | 4.34% | 4.01% | 3.57% | 3.52% | 5.95% | 3.15% | 4.28% | 4.10% | 3.70% | 3.19% | 3.55% |
IYY iShares Dow Jones U.S. ETF | 0.87% | 0.95% | 1.05% | 1.29% | 1.48% | 1.04% | 1.31% | 1.80% | 1.97% | 1.62% | 1.81% | 1.97% |
Frequently Asked Questions
DPDFX and IYY have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IYY has higher volatility (2.93%) compared to DPDFX (1.44%). In terms of maximum drawdown, DPDFX dropped -18.64% vs IYY's -55.17%.
IYY currently has the higher Sharpe Ratio (2.30 vs 1.55), 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.
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