OILGX vs. DCCIX

Last updated Aug 5, 2026

OILGX (Optimum Large Cap Growth Fund) and DCCIX (Delaware Small Cap Core Fund) are both mutual funds - OILGX is a Large Cap Growth Equities fund managed by Delaware Funds, while DCCIX is a Small Cap Blend Equities fund managed by Delaware Funds. Over the past 10 years, OILGX returned 16.42%/yr vs 10.40%/yr for DCCIX. Their 0.80 correlation means they have sometimes moved together and sometimes differently. OILGX charges 0.89%/yr vs 0.81%/yr for DCCIX.

Performance

OILGX vs. DCCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Optimum Large Cap Growth Fund (OILGX) and Delaware Small Cap Core Fund (DCCIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OILGX achieves a 5.23% return, which is significantly lower than DCCIX's 19.86% return. Over the past 10 years, OILGX has outperformed DCCIX with an annualized return of 16.42%, while DCCIX has yielded a comparatively lower 10.40% annualized return.

OILGX

• 1D: 2.31%
• 1M: 0.54%
• 6M: 7.12%
• YTD: 5.23%
• 1Y: 14.14%
• 3Y*: 25.98%
• 5Y*: 11.89%
• 10Y*: 16.42%
• ALL TIME*: 11.86%

DCCIX

• 1D: 1.61%
• 1M: 0.66%
• 6M: 13.56%
• YTD: 19.86%
• 1Y: 28.45%
• 3Y*: 13.08%
• 5Y*: 7.40%
• 10Y*: 10.40%
• ALL TIME*: 10.50%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DCCIX Delaware Small Cap Core Fund	$0.00	$0.00	$0.00
OILGX Optimum Large Cap Growth Fund	$0.00	$0.00	$0.00

OILGX vs. DCCIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OILGX Optimum Large Cap Growth Fund	5.23%	15.97%	49.90%	41.16%	-34.69%	17.88%	33.81%	31.34%	-0.80%	32.46%
DCCIX Delaware Small Cap Core Fund	19.86%	4.59%	10.27%	14.65%	-15.94%	23.23%	14.81%	26.04%	-11.82%	14.06%

Correlation

The correlation between OILGX and DCCIX is 0.58, 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.	0.58
Correlation (3Y) Balances recent behavior with more history.	0.58
Correlation (5Y) Shows whether the relationship held over a longer period.	0.69
Correlation (10Y) Provides a long-term view across more market conditions.	0.69
Correlation (All Time) Calculated using the full available price history since Jul 23, 2003	0.80

Over the past year, the correlation between OILGX and DCCIX has dropped to 0.58 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.

Return for Risk

OILGX vs. DCCIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

OILGX

OILGX Risk / Return Rank: 22
OILGX Sharpe Ratio Rank: 23
OILGX Sortino Ratio Rank: 23
OILGX Omega Ratio Rank: 22
OILGX Calmar Ratio Rank: 21
OILGX Martin Ratio Rank: 22

DCCIX

DCCIX Risk / Return Rank: 76
DCCIX Sharpe Ratio Rank: 76
DCCIX Sortino Ratio Rank: 78
DCCIX Omega Ratio Rank: 66
DCCIX Calmar Ratio Rank: 83
DCCIX Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

OILGX vs. DCCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Optimum Large Cap Growth Fund (OILGX) and Delaware Small Cap Core Fund (DCCIX). 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.

	OILGX	DCCIX	Difference
Sharpe ratio: Return per unit of total volatility	0.92	1.87	-0.95
Sortino ratio: Return per unit of downside risk	1.36	2.77	-1.41
Omega ratio: Gain probability vs. loss probability	1.16	1.32	-0.16
Calmar ratio: Return relative to maximum drawdown	1.07	3.01	-1.94
Martin ratio: Return relative to average drawdown	3.35	10.27	-6.91

OILGX vs. DCCIX - Sharpe Ratio Comparison

The current OILGX Sharpe Ratio is 0.92, which is lower than the DCCIX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of OILGX and DCCIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OILGX vs. DCCIX - Drawdown Comparison

The maximum OILGX drawdown since its inception was -54.28%, smaller than the maximum DCCIX drawdown of -59.44%. Use the drawdown chart below to compare losses from any high point for OILGX and DCCIX.

Drawdown Indicators

	OILGX	DCCIX	Difference
Max Drawdown Largest peak-to-trough decline	-54.28%	-59.44%	+5.16%
Max Drawdown (1Y) Largest decline over 1 year	-15.31%	-10.35%	-4.96%
Max Drawdown (3Y) Largest decline over 3 years	-23.75%	-26.47%	+2.72%
Max Drawdown (5Y) Largest decline over 5 years	-39.97%	-26.71%	-13.26%
Max Drawdown (10Y) Largest decline over 10 years	-39.97%	-39.44%	-0.53%
Current Drawdown Current decline from peak	-4.66%	-0.49%	-4.17%
Average Drawdown Average peak-to-trough decline	-8.45%	-9.25%	+0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.88%	3.02%	+1.86%

Volatility

OILGX vs. DCCIX - Volatility Comparison

Optimum Large Cap Growth Fund (OILGX) has a higher volatility of 6.25% compared to Delaware Small Cap Core Fund (DCCIX) at 3.70%. This indicates that OILGX's price experiences larger fluctuations and is considered to be riskier than DCCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OILGX	DCCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.25%	3.70%	+2.55%
Volatility (6M) Calculated over the trailing 6-month period	14.10%	12.16%	+1.94%
Volatility (1Y) Calculated over the trailing 1-year period	17.87%	16.67%	+1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.67%	20.92%	+2.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.13%	22.11%	+0.02%

OILGX vs. DCCIX - Expense Ratio Comparison

OILGX has a 0.89% expense ratio, which is higher than DCCIX's 0.81% expense ratio.

Dividends

OILGX vs. DCCIX - Dividend Comparison

OILGX's dividend yield for the trailing twelve months is around 13.35%, more than DCCIX's 3.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DCCIX Delaware Small Cap Core Fund	3.67%	4.40%	1.18%	4.17%	3.82%	6.35%	0.40%	2.03%	10.74%	7.97%	1.11%	3.11%
OILGX Optimum Large Cap Growth Fund	13.35%	14.05%	20.62%	11.50%	4.95%	14.42%	7.72%	2.98%	14.76%	18.13%	3.68%	10.49%

Frequently Asked Questions

Can I hold both OILGX and DCCIX in my portfolio?

OILGX and DCCIX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OILGX or DCCIX?

OILGX has higher volatility (6.25%) compared to DCCIX (3.70%). In terms of maximum drawdown, OILGX dropped -54.28% vs DCCIX's -59.44%.

Which has better risk-adjusted returns?

DCCIX currently has the higher Sharpe Ratio (1.87 vs 0.92), 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.