MGIFX vs. IEYYX

Last updated Jun 25, 2026

MGIFX (Mondrian Global Listed Infrastructure Fund) and IEYYX (Delaware Ivy Energy Fund) are both Energy Equities funds. A 0.54 correlation means they provide meaningful diversification when combined. MGIFX charges 0.95%/yr vs 1.28%/yr for IEYYX.

Performance

MGIFX vs. IEYYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mondrian Global Listed Infrastructure Fund (MGIFX) and Delaware Ivy Energy Fund (IEYYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MGIFX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IEYYX

• 1D: -1.94%
• 1M: -3.73%
• YTD: 14.61%
• 6M: 13.99%
• 1Y: 35.97%
• 3Y*: 11.27%
• 5Y*: 13.36%
• 10Y*: 1.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MGIFX vs. IEYYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
MGIFX Mondrian Global Listed Infrastructure Fund	13.34%	28.20%	-0.47%	7.88%	-3.61%	11.74%	-0.69%	31.06%	0.00%
IEYYX Delaware Ivy Energy Fund	14.61%	22.56%	-3.60%	-4.08%	41.14%	43.34%	-38.68%	4.25%	0.86%

Correlation

The correlation between MGIFX and IEYYX is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since Dec 31, 2018	0.54

The correlation between MGIFX and IEYYX shifts across timeframes, from 0.54 (all time) to 0.65 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

MGIFX vs. IEYYX — Risk / Return Rank

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

MGIFX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IEYYX

IEYYX Risk / Return Rank: 91
IEYYX Sharpe Ratio Rank: 92
IEYYX Sortino Ratio Rank: 86
IEYYX Omega Ratio Rank: 82
IEYYX Calmar Ratio Rank: 96
IEYYX Martin Ratio Rank: 97

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.

MGIFX vs. IEYYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mondrian Global Listed Infrastructure Fund (MGIFX) and Delaware Ivy Energy Fund (IEYYX). 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.

	MGIFX	IEYYX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.78	—
Sortino ratio: Return per unit of downside risk	—	3.73	—
Omega ratio: Gain probability vs. loss probability	—	1.48	—
Calmar ratio: Return relative to maximum drawdown	—	5.90	—
Martin ratio: Return relative to average drawdown	—	23.69	—

Drawdowns

Drawdown Indicators

	MGIFX	IEYYX	Difference
Max Drawdown Largest peak-to-trough decline	—	-85.16%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-6.38%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-30.43%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-81.45%	—
Current Drawdown Current decline from peak	—	-25.93%	—
Average Drawdown Average peak-to-trough decline	—	-35.13%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.58%	—

Volatility

Volatility by Period

	MGIFX	IEYYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	13.53%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.63%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	30.81%	—

MGIFX vs. IEYYX - Expense Ratio Comparison

MGIFX has a 0.95% expense ratio, which is lower than IEYYX's 1.28% expense ratio.

Dividends

MGIFX vs. IEYYX - Dividend Comparison

MGIFX's dividend yield for the trailing twelve months is around 49.24%, more than IEYYX's 0.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
IEYYX Delaware Ivy Energy Fund	0.76%	0.87%	0.91%	2.37%	1.33%	1.49%	2.17%	0.00%	0.00%	0.36%
MGIFX Mondrian Global Listed Infrastructure Fund	49.24%	7.56%	3.17%	5.41%	8.60%	7.13%	6.18%	6.74%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MGIFX and IEYYX in my portfolio?

MGIFX and IEYYX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.