Correlation
The correlation between IVSIX and SPY is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
IVSIX vs. SPY
Compare and contrast key facts about Delaware Ivy Global Bond Fund (IVSIX) and SPDR S&P 500 ETF (SPY).
IVSIX is managed by Ivy Funds. It was launched on Apr 3, 2008. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVSIX or SPY.
Performance
IVSIX vs. SPY - Performance Comparison
Loading data...
Key characteristics
IVSIX:
1.58
SPY:
0.70
IVSIX:
2.19
SPY:
1.02
IVSIX:
1.27
SPY:
1.15
IVSIX:
1.03
SPY:
0.68
IVSIX:
5.06
SPY:
2.57
IVSIX:
1.07%
SPY:
4.93%
IVSIX:
3.58%
SPY:
20.42%
IVSIX:
-14.84%
SPY:
-55.19%
IVSIX:
-0.34%
SPY:
-3.55%
Returns By Period
In the year-to-date period, IVSIX achieves a 1.47% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, IVSIX has underperformed SPY with an annualized return of 2.43%, while SPY has yielded a comparatively higher 12.73% annualized return.
IVSIX
1.47%
-0.12%
0.67%
5.39%
3.23%
1.76%
2.43%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IVSIX vs. SPY - Expense Ratio Comparison
IVSIX has a 0.72% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
IVSIX vs. SPY — Risk-Adjusted Performance Rank
IVSIX
SPY
IVSIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy Global Bond Fund (IVSIX) and SPDR S&P 500 ETF (SPY). 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.
Loading data...
Dividends
IVSIX vs. SPY - Dividend Comparison
IVSIX's dividend yield for the trailing twelve months is around 3.39%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVSIX Delaware Ivy Global Bond Fund | 3.39% | 3.78% | 2.98% | 3.52% | 2.88% | 2.72% | 2.23% | 3.36% | 2.34% | 2.43% | 3.29% | 3.74% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
IVSIX vs. SPY - Drawdown Comparison
The maximum IVSIX drawdown since its inception was -14.84%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IVSIX and SPY.
Loading data...
Volatility
IVSIX vs. SPY - Volatility Comparison
The current volatility for Delaware Ivy Global Bond Fund (IVSIX) is 1.15%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. This indicates that IVSIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...