IVSIX vs. UDBPX
IVSIX (Delaware Ivy Global Bond Fund) and UDBPX (UBS Sustainable Development Bank Bond Fund) are both Global Bonds funds. Over the past 5 years, IVSIX returned 0.84%/yr vs -0.17%/yr for UDBPX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. IVSIX charges 0.72%/yr vs 0.25%/yr for UDBPX.
Performance
IVSIX vs. UDBPX - Performance Comparison
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Returns By Period
In the year-to-date period, IVSIX achieves a -0.09% return, which is significantly higher than UDBPX's -0.68% return.
IVSIX
- 1D
- -0.11%
- 1M
- -1.01%
- 6M
- -0.39%
- YTD
- -0.09%
- 1Y
- 1.66%
- 3Y*
- 4.34%
- 5Y*
- 0.84%
- 10Y*
- 2.68%
- ALL TIME*
- 2.86%
UDBPX
- 1D
- -0.21%
- 1M
- -0.74%
- 6M
- -0.77%
- YTD
- -0.68%
- 1Y
- 1.96%
- 3Y*
- 3.69%
- 5Y*
- -0.17%
- 10Y*
- —
- ALL TIME*
- 1.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
IVSIX vs. UDBPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IVSIX Delaware Ivy Global Bond Fund | -0.09% | 4.96% | 2.96% | 7.09% | -8.82% | -0.86% | 8.21% | 7.93% | 0.85% |
UDBPX UBS Sustainable Development Bank Bond Fund | -0.68% | 6.96% | 1.55% | 4.53% | -10.41% | -2.43% | 6.80% | 6.79% | 2.03% |
Correlation
The correlation between IVSIX and UDBPX is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.81 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2018 | 0.73 |
The correlation between IVSIX and UDBPX has been stable across timeframes, ranging from 0.73 to 0.82 - a consistent structural relationship.
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Return for Risk
IVSIX vs. UDBPX — Risk / Return Rank
IVSIX
UDBPX
IVSIX vs. UDBPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy Global Bond Fund (IVSIX) and UBS Sustainable Development Bank Bond Fund (UDBPX). 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.
| IVSIX | UDBPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.11 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 0.88 | -0.04 |
| Martin ratioReturn relative to average drawdown | 2.16 | 2.06 | +0.09 |
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Drawdowns
IVSIX vs. UDBPX - Drawdown Comparison
The maximum IVSIX drawdown since its inception was -14.84%, roughly equal to the maximum UDBPX drawdown of -15.45%. Use the drawdown chart below to compare losses from any high point for IVSIX and UDBPX.
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Drawdown Indicators
| IVSIX | UDBPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.84% | -15.45% | +0.61% |
Max Drawdown (1Y)Largest decline over 1 year | -2.39% | -2.37% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -3.04% | -4.03% | +0.99% |
Max Drawdown (5Y)Largest decline over 5 years | -14.84% | -14.39% | -0.45% |
Max Drawdown (10Y)Largest decline over 10 years | -14.84% | — | — |
Current DrawdownCurrent decline from peak | -1.75% | -2.16% | +0.41% |
Average DrawdownAverage peak-to-trough decline | -2.30% | -5.03% | +2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 0.98% | -0.05% |
Volatility
IVSIX vs. UDBPX - Volatility Comparison
Delaware Ivy Global Bond Fund (IVSIX) has a higher volatility of 0.87% compared to UBS Sustainable Development Bank Bond Fund (UDBPX) at 0.82%. This indicates that IVSIX's price experiences larger fluctuations and is considered to be riskier than UDBPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IVSIX | UDBPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.87% | 0.82% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 2.43% | 2.54% | -0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.96% | 3.39% | -0.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.08% | 5.00% | -0.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.67% | 4.48% | -0.81% |
IVSIX vs. UDBPX - Expense Ratio Comparison
IVSIX has a 0.72% expense ratio, which is higher than UDBPX's 0.25% expense ratio.
Dividends
IVSIX vs. UDBPX - Dividend Comparison
IVSIX's dividend yield for the trailing twelve months is around 3.56%, more than UDBPX's 3.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVSIX Delaware Ivy Global Bond Fund | 3.56% | 4.20% | 3.79% | 2.99% | 3.52% | 2.88% | 2.72% | 2.23% | 3.36% | 2.34% | 2.43% | 3.29% |
UDBPX UBS Sustainable Development Bank Bond Fund | 3.38% | 3.12% | 2.84% | 2.15% | 1.46% | 1.03% | 4.11% | 2.69% | 0.52% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IVSIX and UDBPX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IVSIX has higher volatility (0.87%) compared to UDBPX (0.82%). In terms of maximum drawdown, IVSIX dropped -14.84% vs UDBPX's -15.45%.
IVSIX currently has the higher Sharpe Ratio (0.68 vs 0.61), 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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