GGHCX vs. DLHIX

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco Health Care Fund (GGHCX) and Delaware Healthcare Fund (DLHIX).

GGHCX is managed by Invesco. It was launched on Aug 6, 1989. DLHIX is managed by Delaware Funds by Macquarie. It was launched on Sep 27, 2007.

Performance

GGHCX vs. DLHIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Health Care Fund (GGHCX) and Delaware Healthcare Fund (DLHIX). The values are adjusted to include any dividend payments, if applicable.

GGHCX vs. DLHIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGHCX Invesco Health Care Fund	-8.65%	15.48%	3.96%	3.05%	-13.53%	12.05%	14.52%	32.01%	0.27%	15.51%
DLHIX Delaware Healthcare Fund	-5.80%	22.27%	8.76%	5.42%	-0.99%	5.48%	12.02%	31.82%	-0.59%	32.29%

Returns By Period

In the year-to-date period, GGHCX achieves a -8.65% return, which is significantly lower than DLHIX's -5.80% return. Over the past 10 years, GGHCX has underperformed DLHIX with an annualized return of 6.75%, while DLHIX has yielded a comparatively higher 10.50% annualized return.

GGHCX

• 1D: 0.65%
• 1M: -8.58%
• YTD: -8.65%
• 6M: -1.69%
• 1Y: 1.85%
• 3Y*: 5.07%
• 5Y*: 2.41%
• 10Y*: 6.75%

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%

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

GGHCX vs. DLHIX - Expense Ratio Comparison

GGHCX has a 1.04% expense ratio, which is higher than DLHIX's 0.98% expense ratio.

GGHCX

Invesco Health Care Fund

DLHIX

Delaware Healthcare Fund

Return for Risk

GGHCX vs. DLHIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GGHCX

GGHCX Risk / Return Rank: 7
GGHCX Sharpe Ratio Rank: 7
GGHCX Sortino Ratio Rank: 7
GGHCX Omega Ratio Rank: 6
GGHCX Calmar Ratio Rank: 8
GGHCX Martin Ratio Rank: 8

DLHIX

DLHIX Risk / Return Rank: 31
DLHIX Sharpe Ratio Rank: 29
DLHIX Sortino Ratio Rank: 28
DLHIX Omega Ratio Rank: 23
DLHIX Calmar Ratio Rank: 45
DLHIX Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GGHCX vs. DLHIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Health Care Fund (GGHCX) and Delaware Healthcare Fund (DLHIX). 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.

	GGHCX	DLHIX	Difference
Sharpe ratio Return per unit of total volatility	0.12	0.69	-0.57
Sortino ratio Return per unit of downside risk	0.28	1.05	-0.77
Omega ratio Gain probability vs. loss probability	1.04	1.13	-0.10
Calmar ratio Return relative to maximum drawdown	0.10	1.13	-1.03
Martin ratio Return relative to average drawdown	0.32	3.18	-2.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGHCX vs. DLHIX - Sharpe Ratio Comparison

The current GGHCX Sharpe Ratio is 0.12, which is lower than the DLHIX Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of GGHCX and DLHIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GGHCX	DLHIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.12	0.69	-0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	0.44	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	0.59	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.70	-0.13

Correlation

The correlation between GGHCX and DLHIX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

GGHCX vs. DLHIX - Dividend Comparison

GGHCX's dividend yield for the trailing twelve months is around 6.22%, less than DLHIX's 11.84% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GGHCX Invesco Health Care Fund	6.22%	5.69%	5.17%	0.00%	0.00%	24.69%	6.44%	3.51%	8.81%	6.88%	2.24%	15.07%
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%

Drawdowns

GGHCX vs. DLHIX - Drawdown Comparison

The maximum GGHCX drawdown since its inception was -40.23%, which is greater than DLHIX's maximum drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for GGHCX and DLHIX.

Drawdown Indicators

	GGHCX	DLHIX	Difference
Max Drawdown Largest peak-to-trough decline	-40.23%	-34.64%	-5.59%
Max Drawdown (1Y) Largest decline over 1 year	-13.53%	-10.30%	-3.23%
Max Drawdown (5Y) Largest decline over 5 years	-25.37%	-19.79%	-5.58%
Max Drawdown (10Y) Largest decline over 10 years	-29.34%	-25.60%	-3.74%
Current Drawdown Current decline from peak	-12.96%	-9.24%	-3.72%
Average Drawdown Average peak-to-trough decline	-8.82%	-5.56%	-3.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.41%	4.01%	+0.40%

Volatility

GGHCX vs. DLHIX - Volatility Comparison

The current volatility for Invesco Health Care Fund (GGHCX) is 4.60%, while Delaware Healthcare Fund (DLHIX) has a volatility of 5.80%. This indicates that GGHCX experiences smaller price fluctuations and is considered to be less risky than DLHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGHCX	DLHIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.60%	5.80%	-1.20%
Volatility (6M) Calculated over the trailing 6-month period	9.05%	12.04%	-2.99%
Volatility (1Y) Calculated over the trailing 1-year period	15.67%	19.40%	-3.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.50%	15.80%	-0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.49%	17.92%	-0.43%