DPDFX vs. WMGAX
DPDFX (Delaware Diversified Income Fund) and WMGAX (Delaware Ivy Mid Cap Growth Fund) are both mutual funds - DPDFX is a Intermediate Core-Plus Bond fund managed by Delaware Funds, while WMGAX is a Mid Cap Growth Equities fund managed by Delaware Funds. Over the past 10 years, DPDFX returned 2.36%/yr vs 10.70%/yr for WMGAX. Their -0.03 correlation means they have often moved in opposite directions in the past. DPDFX charges 0.70%/yr vs 1.12%/yr for WMGAX.
Performance
DPDFX vs. WMGAX - Performance Comparison
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Returns By Period
In the year-to-date period, DPDFX achieves a -0.75% return, which is significantly lower than WMGAX's -0.26% return. Over the past 10 years, DPDFX has underperformed WMGAX with an annualized return of 2.36%, while WMGAX has yielded a comparatively higher 10.70% annualized return.
DPDFX
- 1D
- 0.00%
- 1M
- -1.44%
- 6M
- -1.08%
- YTD
- -0.75%
- 1Y
- 1.89%
- 3Y*
- 3.92%
- 5Y*
- 0.15%
- 10Y*
- 2.36%
- ALL TIME*
- 5.25%
WMGAX
- 1D
- 0.71%
- 1M
- -4.08%
- 6M
- -2.19%
- YTD
- -0.26%
- 1Y
- -3.72%
- 3Y*
- 3.26%
- 5Y*
- -1.44%
- 10Y*
- 10.70%
- ALL TIME*
- 8.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
DPDFX vs. WMGAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DPDFX Delaware Diversified Income Fund | -0.75% | 7.39% | 1.91% | 6.05% | -13.93% | 1.64% | 10.96% | 11.98% | -1.98% | 5.34% |
WMGAX Delaware Ivy Mid Cap Growth Fund | -0.26% | 0.83% | 10.02% | 19.97% | -30.68% | 16.22% | 48.56% | 38.01% | -0.20% | 26.95% |
Correlation
The correlation between DPDFX and WMGAX is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2000 | -0.03 |
The correlation between DPDFX and WMGAX shifts across timeframes, from -0.03 (all time) to 0.42 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DPDFX vs. WMGAX — Risk / Return Rank
DPDFX
WMGAX
DPDFX vs. WMGAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Diversified Income Fund (DPDFX) and Delaware Ivy Mid Cap Growth Fund (WMGAX). 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 | WMGAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.96 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | -0.37 | +1.47 |
| Martin ratioReturn relative to average drawdown | 2.80 | -0.96 | +3.76 |
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Drawdowns
DPDFX vs. WMGAX - Drawdown Comparison
The maximum DPDFX drawdown since its inception was -18.64%, smaller than the maximum WMGAX drawdown of -53.74%. Use the drawdown chart below to compare losses from any high point for DPDFX and WMGAX.
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Drawdown Indicators
| DPDFX | WMGAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.64% | -53.74% | +35.10% |
Max Drawdown (1Y)Largest decline over 1 year | -2.81% | -16.16% | +13.35% |
Max Drawdown (3Y)Largest decline over 3 years | -5.89% | -26.59% | +20.70% |
Max Drawdown (5Y)Largest decline over 5 years | -18.64% | -42.95% | +24.31% |
Max Drawdown (10Y)Largest decline over 10 years | -18.64% | -42.95% | +24.31% |
Current DrawdownCurrent decline from peak | -2.39% | -17.31% | +14.92% |
Average DrawdownAverage peak-to-trough decline | -2.20% | -13.63% | +11.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | 6.22% | -5.13% |
Volatility
DPDFX vs. WMGAX - Volatility Comparison
The current volatility for Delaware Diversified Income Fund (DPDFX) is 1.04%, while Delaware Ivy Mid Cap Growth Fund (WMGAX) has a volatility of 3.06%. This indicates that DPDFX experiences smaller price fluctuations and is considered to be less risky than WMGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DPDFX | WMGAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 3.06% | -2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 3.04% | 13.74% | -10.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.88% | 17.87% | -13.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.16% | 25.14% | -18.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.06% | 23.14% | -18.08% |
DPDFX vs. WMGAX - Expense Ratio Comparison
DPDFX has a 0.70% expense ratio, which is lower than WMGAX's 1.12% expense ratio.
Dividends
DPDFX vs. WMGAX - Dividend Comparison
DPDFX's dividend yield for the trailing twelve months is around 4.06%, less than WMGAX's 11.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DPDFX Delaware Diversified Income Fund | 4.06% | 4.34% | 4.01% | 3.57% | 3.52% | 5.95% | 3.15% | 4.28% | 4.10% | 3.70% | 3.19% | 3.55% |
WMGAX Delaware Ivy Mid Cap Growth Fund | 11.13% | 11.10% | 15.30% | 6.66% | 11.94% | 13.08% | 9.97% | 5.23% | 10.28% | 7.92% | 3.98% | 10.88% |
Frequently Asked Questions
DPDFX and WMGAX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMGAX has higher volatility (3.06%) compared to DPDFX (1.04%). In terms of maximum drawdown, DPDFX dropped -18.64% vs WMGAX's -53.74%.
DPDFX currently has the higher Sharpe Ratio (0.79 vs -0.33), 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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