DTRIX vs. FGINX

Last updated Aug 4, 2026

DTRIX (Delaware Limited-Term Diversified Income Fund) and FGINX (Delaware Growth and Income Fund) are both mutual funds - DTRIX is a Short-Term Bond fund managed by Delaware Funds, while FGINX is a Large Cap Value Equities fund managed by Delaware Funds. Over the past 10 years, DTRIX returned 2.06%/yr vs 13.53%/yr for FGINX. Their -0.11 correlation means they have often moved in opposite directions in the past. DTRIX charges 0.64%/yr vs 1.02%/yr for FGINX.

Performance

DTRIX vs. FGINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delaware Limited-Term Diversified Income Fund (DTRIX) and Delaware Growth and Income Fund (FGINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DTRIX achieves a 0.68% return, which is significantly lower than FGINX's 23.27% return. Over the past 10 years, DTRIX has underperformed FGINX with an annualized return of 2.06%, while FGINX has yielded a comparatively higher 13.53% annualized return.

DTRIX

• 1D: 0.00%
• 1M: -0.25%
• 6M: 0.50%
• YTD: 0.68%
• 1Y: 2.52%
• 3Y*: 4.37%
• 5Y*: 1.93%
• 10Y*: 2.06%
• ALL TIME*: 3.46%

FGINX

• 1D: 0.24%
• 1M: 3.93%
• 6M: 14.39%
• YTD: 23.27%
• 1Y: 46.78%
• 3Y*: 25.13%
• 5Y*: 17.52%
• 10Y*: 13.53%
• ALL TIME*: 9.82%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DTRIX Delaware Limited-Term Diversified Income Fund	$0.00	$0.00	$0.00
FGINX Delaware Growth and Income Fund	$0.00	$0.00	$0.00

DTRIX vs. FGINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DTRIX Delaware Limited-Term Diversified Income Fund	0.68%	5.13%	4.38%	4.79%	-4.25%	-0.45%	4.43%	5.51%	-1.10%	2.47%
FGINX Delaware Growth and Income Fund	23.27%	29.78%	15.13%	11.98%	3.03%	21.37%	-0.08%	25.64%	-10.27%	18.08%

Correlation

The correlation between DTRIX and FGINX is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.22
Correlation (3Y) Balances recent behavior with more history.	0.11
Correlation (5Y) Shows whether the relationship held over a longer period.	0.09
Correlation (10Y) Provides a long-term view across more market conditions.	-0.03
Correlation (All Time) Calculated using the full available price history since Oct 4, 1993	-0.11

The correlation between DTRIX and FGINX shifts across timeframes, from -0.11 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

DTRIX vs. FGINX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DTRIX

DTRIX Risk / Return Rank: 76
DTRIX Sharpe Ratio Rank: 55
DTRIX Sortino Ratio Rank: 78
DTRIX Omega Ratio Rank: 78
DTRIX Calmar Ratio Rank: 83
DTRIX Martin Ratio Rank: 85

FGINX

FGINX Risk / Return Rank: 98
FGINX Sharpe Ratio Rank: 99
FGINX Sortino Ratio Rank: 98
FGINX Omega Ratio Rank: 97
FGINX Calmar Ratio Rank: 98
FGINX Martin Ratio Rank: 98

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DTRIX vs. FGINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delaware Limited-Term Diversified Income Fund (DTRIX) and Delaware Growth and Income Fund (FGINX). 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.

	DTRIX	FGINX	Difference
Sharpe ratio: Return per unit of total volatility	1.53	3.86	-2.33
Sortino ratio: Return per unit of downside risk	2.74	5.27	-2.53
Omega ratio: Gain probability vs. loss probability	1.37	1.69	-0.33
Calmar ratio: Return relative to maximum drawdown	2.91	6.21	-3.29
Martin ratio: Return relative to average drawdown	11.19	23.98	-12.79

DTRIX vs. FGINX - Sharpe Ratio Comparison

The current DTRIX Sharpe Ratio is 1.53, which is lower than the FGINX Sharpe Ratio of 3.86. The chart below compares the historical Sharpe Ratios of DTRIX and FGINX, 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

DTRIX vs. FGINX - Drawdown Comparison

The maximum DTRIX drawdown since its inception was -7.03%, smaller than the maximum FGINX drawdown of -54.80%. Use the drawdown chart below to compare losses from any high point for DTRIX and FGINX.

Drawdown Indicators

	DTRIX	FGINX	Difference
Max Drawdown Largest peak-to-trough decline	-7.03%	-54.80%	+47.77%
Max Drawdown (1Y) Largest decline over 1 year	-1.01%	-7.34%	+6.33%
Max Drawdown (3Y) Largest decline over 3 years	-1.01%	-13.28%	+12.27%
Max Drawdown (5Y) Largest decline over 5 years	-7.03%	-16.21%	+9.18%
Max Drawdown (10Y) Largest decline over 10 years	-7.03%	-37.37%	+30.34%
Current Drawdown Current decline from peak	-0.25%	-0.10%	-0.15%
Average Drawdown Average peak-to-trough decline	-0.99%	-9.65%	+8.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.26%	1.90%	-1.64%

Volatility

DTRIX vs. FGINX - Volatility Comparison

The current volatility for Delaware Limited-Term Diversified Income Fund (DTRIX) is 0.43%, while Delaware Growth and Income Fund (FGINX) has a volatility of 2.53%. This indicates that DTRIX experiences smaller price fluctuations and is considered to be less risky than FGINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DTRIX	FGINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.43%	2.53%	-2.10%
Volatility (6M) Calculated over the trailing 6-month period	1.45%	8.76%	-7.31%
Volatility (1Y) Calculated over the trailing 1-year period	1.94%	11.84%	-9.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.33%	14.85%	-12.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.10%	16.97%	-14.87%

DTRIX vs. FGINX - Expense Ratio Comparison

DTRIX has a 0.64% expense ratio, which is lower than FGINX's 1.02% expense ratio.

Dividends

DTRIX vs. FGINX - Dividend Comparison

DTRIX's dividend yield for the trailing twelve months is around 3.66%, less than FGINX's 9.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTRIX Delaware Limited-Term Diversified Income Fund	3.66%	3.97%	3.88%	3.09%	2.46%	1.84%	2.27%	3.76%	2.79%	2.68%	1.65%	1.70%
FGINX Delaware Growth and Income Fund	9.02%	11.28%	12.40%	7.11%	7.04%	11.97%	6.59%	51.75%	25.36%	5.13%	4.12%	5.66%

Frequently Asked Questions

Can I hold both DTRIX and FGINX in my portfolio?

DTRIX and FGINX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DTRIX or FGINX?

FGINX has higher volatility (2.53%) compared to DTRIX (0.43%). In terms of maximum drawdown, DTRIX dropped -7.03% vs FGINX's -54.80%.

Which has better risk-adjusted returns?

FGINX currently has the higher Sharpe Ratio (3.86 vs 1.53), 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.