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.
Correlation
The correlation between IVSIX and SPY is 0.18, 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.
Performance
IVSIX vs. SPY - Performance Comparison
Key characteristics
IVSIX:
1.32
SPY:
1.81
IVSIX:
1.98
SPY:
2.43
IVSIX:
1.23
SPY:
1.33
IVSIX:
0.80
SPY:
2.74
IVSIX:
4.29
SPY:
11.36
IVSIX:
1.07%
SPY:
2.03%
IVSIX:
3.48%
SPY:
12.74%
IVSIX:
-14.84%
SPY:
-55.19%
IVSIX:
-0.81%
SPY:
-0.73%
Returns By Period
In the year-to-date period, IVSIX achieves a 0.75% return, which is significantly lower than SPY's 3.28% return. Over the past 10 years, IVSIX has underperformed SPY with an annualized return of 2.60%, while SPY has yielded a comparatively higher 13.17% annualized return.
IVSIX
0.75%
1.75%
0.88%
4.68%
1.36%
2.60%
SPY
3.28%
4.28%
12.39%
22.37%
14.20%
13.17%
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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.
Dividends
IVSIX vs. SPY - Dividend Comparison
IVSIX's dividend yield for the trailing twelve months is around 3.46%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVSIX Delaware Ivy Global Bond Fund | 3.46% | 3.78% | 2.98% | 3.52% | 2.88% | 2.72% | 2.23% | 3.20% | 2.34% | 2.43% | 3.29% | 3.74% |
SPY SPDR S&P 500 ETF | 1.17% | 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. For additional features, visit the drawdowns tool.
Volatility
IVSIX vs. SPY - Volatility Comparison
The current volatility for Delaware Ivy Global Bond Fund (IVSIX) is 0.92%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.41%. 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.