OILGX vs. WLGAX
Compare and contrast key facts about Optimum Large Cap Growth Fund (OILGX) and Delaware Ivy Large Cap Growth Fund (WLGAX).
OILGX is managed by Delaware Funds. It was launched on Aug 1, 2003. WLGAX is managed by Delaware Funds. It was launched on Jun 30, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OILGX or WLGAX.
Correlation
The correlation between OILGX and WLGAX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
OILGX vs. WLGAX - Performance Comparison
Key characteristics
OILGX:
1.30
WLGAX:
1.70
OILGX:
1.71
WLGAX:
2.28
OILGX:
1.25
WLGAX:
1.31
OILGX:
0.71
WLGAX:
1.14
OILGX:
5.69
WLGAX:
11.27
OILGX:
4.30%
WLGAX:
2.15%
OILGX:
18.87%
WLGAX:
14.21%
OILGX:
-56.14%
WLGAX:
-50.18%
OILGX:
-18.63%
WLGAX:
-3.04%
Returns By Period
In the year-to-date period, OILGX achieves a 0.98% return, which is significantly higher than WLGAX's 0.88% return. Over the past 10 years, OILGX has underperformed WLGAX with an annualized return of 4.07%, while WLGAX has yielded a comparatively higher 7.38% annualized return.
OILGX
0.98%
-8.90%
-1.44%
22.79%
3.78%
4.07%
WLGAX
0.88%
-2.00%
4.53%
22.44%
8.57%
7.38%
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OILGX vs. WLGAX - Expense Ratio Comparison
Both OILGX and WLGAX have an expense ratio of 0.89%.
Risk-Adjusted Performance
OILGX vs. WLGAX — Risk-Adjusted Performance Rank
OILGX
WLGAX
OILGX vs. WLGAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Optimum Large Cap Growth Fund (OILGX) and Delaware Ivy Large Cap Growth Fund (WLGAX). 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
OILGX vs. WLGAX - Dividend Comparison
Neither OILGX nor WLGAX has paid dividends to shareholders.
Drawdowns
OILGX vs. WLGAX - Drawdown Comparison
The maximum OILGX drawdown since its inception was -56.14%, which is greater than WLGAX's maximum drawdown of -50.18%. Use the drawdown chart below to compare losses from any high point for OILGX and WLGAX. For additional features, visit the drawdowns tool.
Volatility
OILGX vs. WLGAX - Volatility Comparison
Optimum Large Cap Growth Fund (OILGX) has a higher volatility of 8.34% compared to Delaware Ivy Large Cap Growth Fund (WLGAX) at 4.44%. This indicates that OILGX's price experiences larger fluctuations and is considered to be riskier than WLGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.