IEYYX vs. DHIVX

Last updated Jun 3, 2026

IEYYX (Delaware Ivy Energy Fund) and DHIVX (Centre Global Infrastructure Fund) are both Energy Equities funds. Over the past 5 years, IEYYX returned 14.40%/yr vs 9.08%/yr for DHIVX. A 0.62 correlation means they provide meaningful diversification when combined. IEYYX charges 1.28%/yr vs 1.57%/yr for DHIVX.

Performance

IEYYX vs. DHIVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delaware Ivy Energy Fund (IEYYX) and Centre Global Infrastructure Fund (DHIVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IEYYX achieves a 20.33% return, which is significantly higher than DHIVX's 11.02% return.

IEYYX

• 1D: -0.30%
• 1M: 0.15%
• YTD: 20.33%
• 6M: 22.60%
• 1Y: 46.35%
• 3Y*: 12.94%
• 5Y*: 14.40%
• 10Y*: 1.72%

DHIVX

• 1D: -0.21%
• 1M: -2.05%
• YTD: 11.02%
• 6M: 11.28%
• 1Y: 14.73%
• 3Y*: 18.30%
• 5Y*: 9.08%
• 10Y*: —

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

IEYYX vs. DHIVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IEYYX Delaware Ivy Energy Fund	20.33%	22.56%	-3.60%	-4.08%	41.14%	43.34%	-38.68%	4.25%	-28.68%
DHIVX Centre Global Infrastructure Fund	11.02%	16.30%	20.25%	5.34%	-3.28%	7.51%	-7.17%	25.27%	-4.07%

Correlation

The correlation between IEYYX and DHIVX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (All Time) Calculated using the full available price history since Mar 28, 2018	0.62

The correlation between IEYYX and DHIVX shifts across timeframes, from 0.43 (1 year) to 0.65 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

IEYYX vs. DHIVX — Risk / Return Rank

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

IEYYX

IEYYX Risk / Return Rank: 96
IEYYX Sharpe Ratio Rank: 97
IEYYX Sortino Ratio Rank: 94
IEYYX Omega Ratio Rank: 90
IEYYX Calmar Ratio Rank: 99
IEYYX Martin Ratio Rank: 98

DHIVX

DHIVX Risk / Return Rank: 42
DHIVX Sharpe Ratio Rank: 30
DHIVX Sortino Ratio Rank: 33
DHIVX Omega Ratio Rank: 29
DHIVX Calmar Ratio Rank: 81
DHIVX Martin Ratio Rank: 35

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.

IEYYX vs. DHIVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy Energy Fund (IEYYX) and Centre Global Infrastructure Fund (DHIVX). 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.

	IEYYX	DHIVX	Difference
Sharpe ratio Return per unit of total volatility	3.70	1.59	+2.11
Sortino ratio Return per unit of downside risk	4.91	2.41	+2.50
Omega ratio Gain probability vs. loss probability	1.65	1.29	+0.36
Calmar ratio Return relative to maximum drawdown	10.57	3.72	+6.85
Martin ratio Return relative to average drawdown	36.07	7.83	+28.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IEYYX vs. DHIVX - Sharpe Ratio Comparison

The current IEYYX Sharpe Ratio is 3.70, which is higher than the DHIVX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of IEYYX and DHIVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IEYYX	DHIVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.70	1.59	+2.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.74	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.56	-0.50

Drawdowns

IEYYX vs. DHIVX - Drawdown Comparison

The maximum IEYYX drawdown since its inception was -85.16%, which is greater than DHIVX's maximum drawdown of -36.18%. Use the drawdown chart below to compare losses from any high point for IEYYX and DHIVX.

Drawdown Indicators

	IEYYX	DHIVX	Difference
Max Drawdown Largest peak-to-trough decline	-85.16%	-36.18%	-48.98%
Max Drawdown (1Y) Largest decline over 1 year	-4.55%	-4.37%	-0.18%
Max Drawdown (3Y) Largest decline over 3 years	-22.71%	-9.92%	-12.79%
Max Drawdown (5Y) Largest decline over 5 years	-30.43%	-20.41%	-10.02%
Max Drawdown (10Y) Largest decline over 10 years	-81.45%	—	—
Current Drawdown Current decline from peak	-22.24%	-3.56%	-18.68%
Average Drawdown Average peak-to-trough decline	-35.18%	-5.59%	-29.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.33%	2.07%	-0.74%

Volatility

IEYYX vs. DHIVX - Volatility Comparison

Delaware Ivy Energy Fund (IEYYX) has a higher volatility of 4.16% compared to Centre Global Infrastructure Fund (DHIVX) at 2.98%. This indicates that IEYYX's price experiences larger fluctuations and is considered to be riskier than DHIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEYYX	DHIVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	2.98%	+1.18%
Volatility (6M) Calculated over the trailing 6-month period	9.67%	7.65%	+2.02%
Volatility (1Y) Calculated over the trailing 1-year period	12.89%	9.73%	+3.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.75%	12.35%	+9.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.87%	14.68%	+16.19%

IEYYX vs. DHIVX - Expense Ratio Comparison

IEYYX has a 1.28% expense ratio, which is lower than DHIVX's 1.57% expense ratio.

Dividends

IEYYX vs. DHIVX - Dividend Comparison

IEYYX's dividend yield for the trailing twelve months is around 0.72%, less than DHIVX's 3.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DHIVX Centre Global Infrastructure Fund	3.55%	3.66%	2.54%	1.60%	1.85%	1.70%	2.43%	2.31%	2.45%	0.00%
IEYYX Delaware Ivy Energy Fund	0.72%	0.87%	0.91%	2.37%	1.33%	1.49%	2.17%	0.00%	0.00%	0.36%

Frequently Asked Questions

Can I hold both IEYYX and DHIVX in my portfolio?

IEYYX and DHIVX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IEYYX or DHIVX?

IEYYX has higher volatility (4.16%) compared to DHIVX (2.98%). In terms of maximum drawdown, IEYYX dropped -85.16% vs DHIVX's -36.18%.

Which has better risk-adjusted returns?

IEYYX currently has the higher Sharpe Ratio (3.70 vs 1.59), 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.