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IVOIX vs. VIDAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

IVOIX vs. VIDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delaware Ivy Mid Cap Income Opportunities Fund (IVOIX) and Delaware Tax-Free Idaho Fund (VIDAX). The values are adjusted to include any dividend payments, if applicable.

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IVOIX vs. VIDAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
IVOIX
Delaware Ivy Mid Cap Income Opportunities Fund
-1.41%8.91%9.08%17.95%-14.67%25.76%8.17%26.84%-4.27%12.28%
VIDAX
Delaware Tax-Free Idaho Fund
-0.89%3.78%3.68%6.51%-11.90%4.05%4.61%7.72%1.27%5.05%

Returns By Period

In the year-to-date period, IVOIX achieves a -1.41% return, which is significantly lower than VIDAX's -0.89% return. Over the past 10 years, IVOIX has outperformed VIDAX with an annualized return of 9.61%, while VIDAX has yielded a comparatively lower 2.13% annualized return.


IVOIX

1D
-0.18%
1M
-9.50%
YTD
-1.41%
6M
-4.11%
1Y
8.25%
3Y*
9.61%
5Y*
5.94%
10Y*
9.61%

VIDAX

1D
0.20%
1M
-2.94%
YTD
-0.89%
6M
0.76%
1Y
2.94%
3Y*
3.42%
5Y*
0.70%
10Y*
2.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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IVOIX vs. VIDAX - Expense Ratio Comparison

IVOIX has a 0.83% expense ratio, which is lower than VIDAX's 0.86% expense ratio.


Return for Risk

IVOIX vs. VIDAX — Risk / Return Rank

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

IVOIX
IVOIX Risk / Return Rank: 2020
Overall Rank
IVOIX Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
IVOIX Sortino Ratio Rank: 2020
Sortino Ratio Rank
IVOIX Omega Ratio Rank: 2020
Omega Ratio Rank
IVOIX Calmar Ratio Rank: 1818
Calmar Ratio Rank
IVOIX Martin Ratio Rank: 2020
Martin Ratio Rank

VIDAX
VIDAX Risk / Return Rank: 2323
Overall Rank
VIDAX Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
VIDAX Sortino Ratio Rank: 1919
Sortino Ratio Rank
VIDAX Omega Ratio Rank: 3434
Omega Ratio Rank
VIDAX Calmar Ratio Rank: 2121
Calmar Ratio Rank
VIDAX Martin Ratio Rank: 1616
Martin Ratio Rank
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.

IVOIX vs. VIDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy Mid Cap Income Opportunities Fund (IVOIX) and Delaware Tax-Free Idaho Fund (VIDAX). 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.


IVOIXVIDAXDifference

Sharpe ratio

Return per unit of total volatility

0.51

0.61

-0.10

Sortino ratio

Return per unit of downside risk

0.86

0.85

+0.01

Omega ratio

Gain probability vs. loss probability

1.12

1.17

-0.05

Calmar ratio

Return relative to maximum drawdown

0.53

0.63

-0.10

Martin ratio

Return relative to average drawdown

2.10

1.59

+0.51

IVOIX vs. VIDAX - Sharpe Ratio Comparison

The current IVOIX Sharpe Ratio is 0.51, which is comparable to the VIDAX Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of IVOIX and VIDAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


IVOIXVIDAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.51

0.61

-0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.34

0.14

+0.21

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.47

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

1.05

-0.57

Correlation

The correlation between IVOIX and VIDAX is -0.01. 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

IVOIX vs. VIDAX - Dividend Comparison

IVOIX's dividend yield for the trailing twelve months is around 15.95%, more than VIDAX's 3.46% yield.


TTM20252024202320222021202020192018201720162015
IVOIX
Delaware Ivy Mid Cap Income Opportunities Fund
15.95%15.79%11.69%5.43%4.44%3.50%1.75%2.05%4.31%1.42%1.10%2.10%
VIDAX
Delaware Tax-Free Idaho Fund
3.46%4.50%3.81%2.93%3.06%2.34%3.15%3.95%3.57%3.76%3.16%3.17%

Drawdowns

IVOIX vs. VIDAX - Drawdown Comparison

The maximum IVOIX drawdown since its inception was -41.17%, which is greater than VIDAX's maximum drawdown of -17.08%. Use the drawdown chart below to compare losses from any high point for IVOIX and VIDAX.


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Drawdown Indicators


IVOIXVIDAXDifference

Max Drawdown

Largest peak-to-trough decline

-41.17%

-17.08%

-24.09%

Max Drawdown (1Y)

Largest decline over 1 year

-13.95%

-5.92%

-8.03%

Max Drawdown (5Y)

Largest decline over 5 years

-21.87%

-17.08%

-4.79%

Max Drawdown (10Y)

Largest decline over 10 years

-41.17%

-17.08%

-24.09%

Current Drawdown

Current decline from peak

-9.50%

-2.94%

-6.56%

Average Drawdown

Average peak-to-trough decline

-4.99%

-2.04%

-2.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.53%

2.36%

+1.17%

Volatility

IVOIX vs. VIDAX - Volatility Comparison

Delaware Ivy Mid Cap Income Opportunities Fund (IVOIX) has a higher volatility of 4.59% compared to Delaware Tax-Free Idaho Fund (VIDAX) at 1.26%. This indicates that IVOIX's price experiences larger fluctuations and is considered to be riskier than VIDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


IVOIXVIDAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.59%

1.26%

+3.33%

Volatility (6M)

Calculated over the trailing 6-month period

9.59%

1.99%

+7.60%

Volatility (1Y)

Calculated over the trailing 1-year period

18.14%

6.33%

+11.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.40%

5.14%

+12.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.00%

4.54%

+14.46%