IYVAX vs. FTEC
Compare and contrast key facts about Delaware Ivy Value Fund (IYVAX) and Fidelity MSCI Information Technology Index ETF (FTEC).
IYVAX is managed by Delaware Funds. It was launched on Sep 16, 1994. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IYVAX or FTEC.
Correlation
The correlation between IYVAX and FTEC is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IYVAX vs. FTEC - Performance Comparison
Key characteristics
Returns By Period
IYVAX
N/A
N/A
N/A
N/A
N/A
N/A
FTEC
3.16%
1.36%
12.66%
29.45%
20.54%
20.38%
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IYVAX vs. FTEC - Expense Ratio Comparison
IYVAX has a 1.08% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
IYVAX vs. FTEC — Risk-Adjusted Performance Rank
IYVAX
FTEC
IYVAX vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy Value Fund (IYVAX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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
IYVAX vs. FTEC - Dividend Comparison
IYVAX has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.47%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYVAX Delaware Ivy Value Fund | 1.21% | 1.21% | 35.46% | 22.53% | 10.81% | 3.19% | 9.45% | 6.98% | 3.40% | 2.21% | 13.18% | 7.44% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.47% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% |
Drawdowns
IYVAX vs. FTEC - Drawdown Comparison
Volatility
IYVAX vs. FTEC - Volatility Comparison
The current volatility for Delaware Ivy Value Fund (IYVAX) is 0.00%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 7.68%. This indicates that IYVAX experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.