PDFDX vs. DLHIX
PDFDX (Perkins Discovery Fund) and DLHIX (Delaware Healthcare Fund) are both Health & Biotech Equities funds. Over the past 10 years, PDFDX returned 10.66%/yr vs 11.52%/yr for DLHIX. A 0.65 correlation means they provide meaningful diversification when combined. PDFDX charges 2.50%/yr vs 0.98%/yr for DLHIX.
Performance
PDFDX vs. DLHIX - Performance Comparison
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Returns By Period
In the year-to-date period, PDFDX achieves a 5.13% return, which is significantly higher than DLHIX's 1.17% return. Over the past 10 years, PDFDX has underperformed DLHIX with an annualized return of 10.66%, while DLHIX has yielded a comparatively higher 11.52% annualized return.
PDFDX
- 1D
- 0.42%
- 1M
- 4.33%
- YTD
- 5.13%
- 6M
- 3.31%
- 1Y
- 31.40%
- 3Y*
- 9.29%
- 5Y*
- -5.94%
- 10Y*
- 10.66%
DLHIX
- 1D
- 1.21%
- 1M
- 2.06%
- YTD
- 1.17%
- 6M
- -0.22%
- 1Y
- 26.82%
- 3Y*
- 12.93%
- 5Y*
- 7.32%
- 10Y*
- 11.52%
PDFDX vs. DLHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDFDX Perkins Discovery Fund | 5.13% | 9.94% | 19.19% | 10.77% | -39.93% | 2.11% | 62.16% | 15.01% | 22.19% | 11.58% |
DLHIX Delaware Healthcare Fund | 1.17% | 22.27% | 8.76% | 5.42% | -0.99% | 5.48% | 12.02% | 31.82% | -0.59% | 32.29% |
Correlation
The correlation between PDFDX and DLHIX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2007 | 0.65 |
The correlation between PDFDX and DLHIX shifts across timeframes, from 0.45 (1 year) to 0.65 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PDFDX vs. DLHIX — Risk / Return Rank
PDFDX
DLHIX
PDFDX vs. DLHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Perkins Discovery Fund (PDFDX) and Delaware Healthcare Fund (DLHIX). 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.
| PDFDX | DLHIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.29 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 2.81 | -1.23 |
| Martin ratioReturn relative to average drawdown | 4.44 | 8.12 | -3.68 |
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Drawdowns
PDFDX vs. DLHIX - Drawdown Comparison
The maximum PDFDX drawdown since its inception was -67.44%, which is greater than DLHIX's maximum drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for PDFDX and DLHIX.
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Drawdown Indicators
| PDFDX | DLHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.44% | -34.64% | -32.80% |
Max Drawdown (1Y)Largest decline over 1 year | -22.11% | -10.30% | -11.81% |
Max Drawdown (3Y)Largest decline over 3 years | -31.75% | -19.79% | -11.96% |
Max Drawdown (5Y)Largest decline over 5 years | -59.95% | -19.79% | -40.16% |
Max Drawdown (10Y)Largest decline over 10 years | -62.70% | -25.60% | -37.10% |
Current DrawdownCurrent decline from peak | -32.64% | -2.52% | -30.12% |
Average DrawdownAverage peak-to-trough decline | -25.74% | -5.55% | -20.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.81% | 3.55% | +4.26% |
Volatility
PDFDX vs. DLHIX - Volatility Comparison
The current volatility for Perkins Discovery Fund (PDFDX) is 4.49%, while Delaware Healthcare Fund (DLHIX) has a volatility of 5.43%. This indicates that PDFDX experiences smaller price fluctuations and is considered to be less risky than DLHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PDFDX | DLHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 5.43% | -0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 17.88% | 12.32% | +5.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.89% | 16.84% | +9.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.77% | 16.03% | +13.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.95% | 17.90% | +11.05% |
PDFDX vs. DLHIX - Expense Ratio Comparison
PDFDX has a 2.50% expense ratio, which is higher than DLHIX's 0.98% expense ratio.
Dividends
PDFDX vs. DLHIX - Dividend Comparison
PDFDX's dividend yield for the trailing twelve months is around 9.31%, less than DLHIX's 11.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLHIX Delaware Healthcare Fund | 11.03% | 11.16% | 14.00% | 6.97% | 9.16% | 5.41% | 6.19% | 7.63% | 2.11% | 3.23% | 8.20% | 7.90% |
PDFDX Perkins Discovery Fund | 9.31% | 4.25% | 0.00% | 0.00% | 1.78% | 31.11% | 1.71% | 0.00% | 0.58% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PDFDX and DLHIX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DLHIX has higher volatility (5.43%) compared to PDFDX (4.49%). In terms of maximum drawdown, PDFDX dropped -67.44% vs DLHIX's -34.64%.
DLHIX currently has the higher Sharpe Ratio (1.72 vs 1.35), 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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