GOFIX vs. IGNAX
Compare and contrast key facts about GMO Resources Fund (GOFIX) and Delaware Ivy Natural Resources Fund (IGNAX).
GOFIX is managed by GMO. It was launched on Dec 27, 2011. IGNAX is managed by Delaware Funds. It was launched on Jan 1, 1997.
Performance
GOFIX vs. IGNAX - Performance Comparison
Loading graphics...
GOFIX vs. IGNAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOFIX GMO Resources Fund | 30.03% | 23.10% | -17.91% | -1.38% | -0.80% | 32.01% | 22.47% | 20.10% | -6.73% | 28.42% |
IGNAX Delaware Ivy Natural Resources Fund | 18.73% | 38.01% | -0.56% | 1.26% | 17.52% | 26.06% | -12.38% | 9.24% | -23.79% | 2.89% |
Returns By Period
In the year-to-date period, GOFIX achieves a 30.03% return, which is significantly higher than IGNAX's 18.73% return. Over the past 10 years, GOFIX has outperformed IGNAX with an annualized return of 14.57%, while IGNAX has yielded a comparatively lower 8.47% annualized return.
GOFIX
- 1D
- 1.85%
- 1M
- 5.29%
- YTD
- 30.03%
- 6M
- 39.95%
- 1Y
- 68.15%
- 3Y*
- 9.73%
- 5Y*
- 8.52%
- 10Y*
- 14.57%
IGNAX
- 1D
- 1.29%
- 1M
- -0.81%
- YTD
- 18.73%
- 6M
- 27.22%
- 1Y
- 61.27%
- 3Y*
- 18.52%
- 5Y*
- 16.68%
- 10Y*
- 8.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GOFIX vs. IGNAX - Expense Ratio Comparison
GOFIX has a 0.72% expense ratio, which is lower than IGNAX's 1.82% expense ratio.
Return for Risk
GOFIX vs. IGNAX — Risk / Return Rank
GOFIX
IGNAX
GOFIX vs. IGNAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Resources Fund (GOFIX) and Delaware Ivy Natural Resources Fund (IGNAX). 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.
| GOFIX | IGNAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.61 | 2.80 | -0.18 |
Sortino ratioReturn per unit of downside risk | 3.14 | 3.33 | -0.19 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.52 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 3.48 | 3.94 | -0.46 |
Martin ratioReturn relative to average drawdown | 16.25 | 21.18 | -4.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GOFIX | IGNAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.61 | 2.80 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.76 | -0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.38 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.22 | +0.13 |
Correlation
The correlation between GOFIX and IGNAX is 0.83, 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
GOFIX vs. IGNAX - Dividend Comparison
GOFIX's dividend yield for the trailing twelve months is around 3.37%, while IGNAX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOFIX GMO Resources Fund | 3.37% | 4.38% | 3.01% | 5.90% | 10.25% | 17.81% | 3.66% | 2.99% | 4.06% | 3.86% | 2.89% | 3.30% |
IGNAX Delaware Ivy Natural Resources Fund | 0.00% | 0.00% | 5.68% | 1.94% | 2.02% | 2.30% | 0.29% | 1.75% | 0.00% | 0.00% | 0.06% | 0.00% |
Drawdowns
GOFIX vs. IGNAX - Drawdown Comparison
The maximum GOFIX drawdown since its inception was -51.77%, smaller than the maximum IGNAX drawdown of -77.49%. Use the drawdown chart below to compare losses from any high point for GOFIX and IGNAX.
Loading graphics...
Drawdown Indicators
| GOFIX | IGNAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.77% | -77.49% | +25.72% |
Max Drawdown (1Y)Largest decline over 1 year | -19.68% | -15.59% | -4.09% |
Max Drawdown (5Y)Largest decline over 5 years | -45.10% | -24.79% | -20.31% |
Max Drawdown (10Y)Largest decline over 10 years | -45.98% | -57.95% | +11.97% |
Current DrawdownCurrent decline from peak | 0.00% | -9.23% | +9.23% |
Average DrawdownAverage peak-to-trough decline | -13.74% | -35.83% | +22.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.22% | 2.90% | +1.32% |
Volatility
GOFIX vs. IGNAX - Volatility Comparison
GMO Resources Fund (GOFIX) has a higher volatility of 5.78% compared to Delaware Ivy Natural Resources Fund (IGNAX) at 5.41%. This indicates that GOFIX's price experiences larger fluctuations and is considered to be riskier than IGNAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GOFIX | IGNAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.78% | 5.41% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 15.52% | 14.80% | +0.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.98% | 22.32% | +4.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.31% | 21.99% | +3.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.57% | 22.59% | +2.98% |