DPDFX vs. NPCT
DPDFX (Delaware Diversified Income Fund) and NPCT (Nuveen Core Plus Impact Fund) are both Intermediate Core-Plus Bond funds. Over the past 5 years, DPDFX returned 0.46%/yr vs -3.39%/yr for NPCT. A 0.51 correlation means they provide meaningful diversification when combined. DPDFX charges 0.70%/yr vs 5.08%/yr for NPCT.
Performance
DPDFX vs. NPCT - Performance Comparison
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Returns By Period
In the year-to-date period, DPDFX achieves a 0.17% return, which is significantly lower than NPCT's 3.14% return.
DPDFX
- 1D
- -0.13%
- 1M
- -0.32%
- 6M
- 0.04%
- YTD
- 0.17%
- 1Y
- 4.42%
- 3Y*
- 4.64%
- 5Y*
- 0.46%
- 10Y*
- 2.50%
NPCT
- 1D
- -0.70%
- 1M
- 0.20%
- 6M
- 2.64%
- YTD
- 3.14%
- 1Y
- -0.92%
- 3Y*
- 11.38%
- 5Y*
- -3.39%
- 10Y*
- —
DPDFX vs. NPCT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DPDFX Delaware Diversified Income Fund | 0.17% | 7.39% | 1.91% | 6.05% | -13.93% | 3.94% |
NPCT Nuveen Core Plus Impact Fund | 3.14% | 9.87% | 17.23% | 7.78% | -37.50% | -4.98% |
Correlation
The correlation between DPDFX and NPCT is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2021 | 0.51 |
The correlation between DPDFX and NPCT has been stable across timeframes, ranging from 0.50 to 0.52 - a consistent structural relationship.
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Return for Risk
DPDFX vs. NPCT — Risk / Return Rank
DPDFX
NPCT
DPDFX vs. NPCT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Diversified Income Fund (DPDFX) and Nuveen Core Plus Impact Fund (NPCT). 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.
| DPDFX | NPCT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.99 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | -0.14 | +1.58 |
| Martin ratioReturn relative to average drawdown | 4.09 | -0.31 | +4.39 |
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Drawdowns
DPDFX vs. NPCT - Drawdown Comparison
The maximum DPDFX drawdown since its inception was -18.64%, smaller than the maximum NPCT drawdown of -46.77%. Use the drawdown chart below to compare losses from any high point for DPDFX and NPCT.
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Drawdown Indicators
| DPDFX | NPCT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.64% | -46.77% | +28.13% |
Max Drawdown (1Y)Largest decline over 1 year | -2.81% | -6.79% | +3.98% |
Max Drawdown (3Y)Largest decline over 3 years | -6.91% | -12.59% | +5.68% |
Max Drawdown (5Y)Largest decline over 5 years | -18.64% | -46.77% | +28.13% |
Max Drawdown (10Y)Largest decline over 10 years | -18.64% | — | — |
Current DrawdownCurrent decline from peak | -1.49% | -16.26% | +14.77% |
Average DrawdownAverage peak-to-trough decline | -2.20% | -25.03% | +22.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 3.01% | -2.02% |
Volatility
DPDFX vs. NPCT - Volatility Comparison
The current volatility for Delaware Diversified Income Fund (DPDFX) is 1.06%, while Nuveen Core Plus Impact Fund (NPCT) has a volatility of 2.44%. This indicates that DPDFX experiences smaller price fluctuations and is considered to be less risky than NPCT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DPDFX | NPCT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 2.44% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 2.96% | 7.48% | -4.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.88% | 9.79% | -5.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.16% | 13.10% | -6.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.05% | 13.00% | -7.95% |
DPDFX vs. NPCT - Expense Ratio Comparison
DPDFX has a 0.70% expense ratio, which is lower than NPCT's 5.08% expense ratio.
Dividends
DPDFX vs. NPCT - Dividend Comparison
DPDFX's dividend yield for the trailing twelve months is around 4.38%, less than NPCT's 12.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DPDFX Delaware Diversified Income Fund | 4.38% | 4.34% | 4.01% | 3.57% | 3.52% | 5.95% | 3.15% | 4.28% | 4.10% | 3.70% | 3.19% | 3.55% |
NPCT Nuveen Core Plus Impact Fund | 12.31% | 13.15% | 12.20% | 10.28% | 11.93% | 3.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DPDFX and NPCT have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NPCT has higher volatility (2.44%) compared to DPDFX (1.06%). In terms of maximum drawdown, DPDFX dropped -18.64% vs NPCT's -46.77%.
DPDFX currently has the higher Sharpe Ratio (1.04 vs -0.09), 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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