IVINX vs. DLHIX
IVINX (Delaware Ivy Global Growth Fund) and DLHIX (Delaware Healthcare Fund) are both mutual funds - IVINX is a Global Equities fund managed by Delaware Funds by Macquarie, while DLHIX is a Health & Biotech Equities fund managed by Delaware Funds by Macquarie. Over the past 10 years, IVINX returned 11.92%/yr vs 10.97%/yr for DLHIX. A 0.69 correlation means they provide meaningful diversification when combined. IVINX charges 1.28%/yr vs 0.98%/yr for DLHIX.
Performance
IVINX vs. DLHIX - Performance Comparison
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Returns By Period
In the year-to-date period, IVINX achieves a 9.82% return, which is significantly higher than DLHIX's -1.59% return. Over the past 10 years, IVINX has outperformed DLHIX with an annualized return of 11.92%, while DLHIX has yielded a comparatively lower 10.97% annualized return.
IVINX
- 1D
- 1.65%
- 1M
- 2.73%
- YTD
- 9.82%
- 6M
- 9.76%
- 1Y
- 19.83%
- 3Y*
- 17.84%
- 5Y*
- 9.60%
- 10Y*
- 11.92%
DLHIX
- 1D
- -0.54%
- 1M
- -0.73%
- YTD
- -1.59%
- 6M
- -2.29%
- 1Y
- 25.33%
- 3Y*
- 11.42%
- 5Y*
- 7.01%
- 10Y*
- 10.97%
IVINX vs. DLHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVINX Delaware Ivy Global Growth Fund | 9.82% | 17.76% | 17.08% | 19.05% | -18.81% | 17.34% | 20.55% | 25.63% | -6.20% | 24.32% |
DLHIX Delaware Healthcare Fund | -1.59% | 22.27% | 8.76% | 5.42% | -0.99% | 5.48% | 12.02% | 31.82% | -0.59% | 32.29% |
Correlation
The correlation between IVINX and DLHIX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2007 | 0.69 |
Over the past year, the correlation between IVINX and DLHIX has dropped to 0.47 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.
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Return for Risk
IVINX vs. DLHIX — Risk / Return Rank
IVINX
DLHIX
IVINX vs. DLHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy Global Growth Fund (IVINX) 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.
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.
| IVINX | DLHIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.25 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 2.41 | -0.57 |
| Martin ratioReturn relative to average drawdown | 7.92 | 6.98 | +0.94 |
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Drawdowns
IVINX vs. DLHIX - Drawdown Comparison
The maximum IVINX drawdown since its inception was -70.19%, which is greater than DLHIX's maximum drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for IVINX and DLHIX.
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Drawdown Indicators
| IVINX | DLHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.19% | -34.64% | -35.55% |
Max Drawdown (1Y)Largest decline over 1 year | -10.74% | -10.30% | -0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -16.82% | -19.79% | +2.97% |
Max Drawdown (5Y)Largest decline over 5 years | -45.82% | -19.79% | -26.03% |
Max Drawdown (10Y)Largest decline over 10 years | -45.82% | -25.60% | -20.22% |
Current DrawdownCurrent decline from peak | -1.09% | -5.18% | +4.09% |
Average DrawdownAverage peak-to-trough decline | -20.37% | -5.55% | -14.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 3.54% | -1.06% |
Volatility
IVINX vs. DLHIX - Volatility Comparison
Delaware Ivy Global Growth Fund (IVINX) and Delaware Healthcare Fund (DLHIX) have volatilities of 5.46% and 5.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IVINX | DLHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.46% | 5.25% | +0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 12.13% | 12.21% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.26% | 16.75% | -2.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.62% | 16.00% | +26.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.96% | 17.94% | +15.02% |
IVINX vs. DLHIX - Expense Ratio Comparison
IVINX has a 1.28% expense ratio, which is higher than DLHIX's 0.98% expense ratio.
Dividends
IVINX vs. DLHIX - Dividend Comparison
IVINX's dividend yield for the trailing twelve months is around 8.11%, less than DLHIX's 11.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLHIX Delaware Healthcare Fund | 11.34% | 11.16% | 14.00% | 6.97% | 9.16% | 5.41% | 6.19% | 7.63% | 2.11% | 3.23% | 8.20% | 7.90% |
IVINX Delaware Ivy Global Growth Fund | 8.11% | 8.90% | 3.86% | 6.13% | 77.33% | 6.97% | 5.20% | 0.94% | 12.51% | 7.48% | 0.00% | 2.30% |
Frequently Asked Questions
IVINX and DLHIX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IVINX has higher volatility (5.46%) compared to DLHIX (5.25%). In terms of maximum drawdown, IVINX dropped -70.19% vs DLHIX's -34.64%.
DLHIX currently has the higher Sharpe Ratio (1.48 vs 1.38), 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.
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