IPOAX vs. DEEIX
Compare and contrast key facts about Delaware Ivy Systematic Emerging Markets Equity Fund (IPOAX) and Delaware Extended Duration Bond Fund (DEEIX).
IPOAX is managed by Delaware Funds by Macquarie. It was launched on Oct 24, 1993. DEEIX is managed by Delaware Funds by Macquarie. It was launched on Sep 14, 1998.
Performance
IPOAX vs. DEEIX - Performance Comparison
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IPOAX vs. DEEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPOAX Delaware Ivy Systematic Emerging Markets Equity Fund | 2.17% | 26.53% | 7.71% | 10.86% | -27.56% | -4.67% | 35.01% | 23.23% | -19.83% | 42.47% |
DEEIX Delaware Extended Duration Bond Fund | -1.82% | 6.26% | -1.29% | 9.21% | -26.47% | -0.70% | 15.17% | 22.02% | -7.69% | 12.61% |
Returns By Period
In the year-to-date period, IPOAX achieves a 2.17% return, which is significantly higher than DEEIX's -1.82% return. Over the past 10 years, IPOAX has outperformed DEEIX with an annualized return of 8.30%, while DEEIX has yielded a comparatively lower 2.02% annualized return.
IPOAX
- 1D
- 0.09%
- 1M
- -12.40%
- YTD
- 2.17%
- 6M
- 7.77%
- 1Y
- 27.28%
- 3Y*
- 13.56%
- 5Y*
- 0.86%
- 10Y*
- 8.30%
DEEIX
- 1D
- 0.96%
- 1M
- -3.93%
- YTD
- -1.82%
- 6M
- -2.36%
- 1Y
- 2.45%
- 3Y*
- 2.23%
- 5Y*
- -2.26%
- 10Y*
- 2.02%
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IPOAX vs. DEEIX - Expense Ratio Comparison
IPOAX has a 1.15% expense ratio, which is higher than DEEIX's 0.57% expense ratio.
Return for Risk
IPOAX vs. DEEIX — Risk / Return Rank
IPOAX
DEEIX
IPOAX vs. DEEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy Systematic Emerging Markets Equity Fund (IPOAX) and Delaware Extended Duration Bond Fund (DEEIX). 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.
| IPOAX | DEEIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 0.38 | +1.08 |
Sortino ratioReturn per unit of downside risk | 1.92 | 0.58 | +1.34 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.07 | +0.21 |
Calmar ratioReturn relative to maximum drawdown | 1.83 | 0.69 | +1.14 |
Martin ratioReturn relative to average drawdown | 6.85 | 1.65 | +5.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IPOAX | DEEIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 0.38 | +1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | -0.20 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.19 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.63 | -0.40 |
Correlation
The correlation between IPOAX and DEEIX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
IPOAX vs. DEEIX - Dividend Comparison
IPOAX's dividend yield for the trailing twelve months is around 9.80%, more than DEEIX's 4.78% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPOAX Delaware Ivy Systematic Emerging Markets Equity Fund | 9.80% | 10.01% | 3.35% | 3.23% | 14.83% | 0.55% | 0.75% | 0.74% | 0.68% | 0.00% | 0.00% | 0.93% |
DEEIX Delaware Extended Duration Bond Fund | 4.78% | 5.05% | 4.90% | 3.95% | 4.35% | 7.87% | 10.28% | 4.79% | 4.56% | 3.74% | 3.75% | 4.62% |
Drawdowns
IPOAX vs. DEEIX - Drawdown Comparison
The maximum IPOAX drawdown since its inception was -67.11%, which is greater than DEEIX's maximum drawdown of -34.48%. Use the drawdown chart below to compare losses from any high point for IPOAX and DEEIX.
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Drawdown Indicators
| IPOAX | DEEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.11% | -34.48% | -32.63% |
Max Drawdown (1Y)Largest decline over 1 year | -13.39% | -5.33% | -8.06% |
Max Drawdown (5Y)Largest decline over 5 years | -42.92% | -34.48% | -8.44% |
Max Drawdown (10Y)Largest decline over 10 years | -45.79% | -34.48% | -11.31% |
Current DrawdownCurrent decline from peak | -13.31% | -18.98% | +5.67% |
Average DrawdownAverage peak-to-trough decline | -23.79% | -6.37% | -17.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 2.25% | +1.33% |
Volatility
IPOAX vs. DEEIX - Volatility Comparison
Delaware Ivy Systematic Emerging Markets Equity Fund (IPOAX) has a higher volatility of 8.95% compared to Delaware Extended Duration Bond Fund (DEEIX) at 3.26%. This indicates that IPOAX's price experiences larger fluctuations and is considered to be riskier than DEEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IPOAX | DEEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.95% | 3.26% | +5.69% |
Volatility (6M)Calculated over the trailing 6-month period | 13.68% | 5.02% | +8.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.26% | 8.76% | +9.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.62% | 11.61% | +8.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.12% | 10.59% | +9.53% |