WASCX vs. WTRCX

Last updated Jun 4, 2026

WASCX (Delaware Ivy Asset Strategy Fund) and WTRCX (Delaware Ivy Core Equity Fund) are both mutual funds - WASCX is a Global Allocation fund managed by Ivy Funds, while WTRCX is a Large Cap Blend Equities fund managed by Ivy Funds. Over the past 10 years, WASCX returned 8.55%/yr vs 15.76%/yr for WTRCX. A 0.74 correlation means they provide meaningful diversification when combined. WASCX charges 2.18%/yr vs 1.75%/yr for WTRCX.

Performance

WASCX vs. WTRCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delaware Ivy Asset Strategy Fund (WASCX) and Delaware Ivy Core Equity Fund (WTRCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WASCX achieves a 6.61% return, which is significantly lower than WTRCX's 9.21% return. Over the past 10 years, WASCX has underperformed WTRCX with an annualized return of 8.55%, while WTRCX has yielded a comparatively higher 15.76% annualized return.

WASCX

• 1D: 0.00%
• 1M: 2.91%
• YTD: 6.61%
• 6M: 7.44%
• 1Y: 16.35%
• 3Y*: 15.33%
• 5Y*: 7.35%
• 10Y*: 8.55%

WTRCX

• 1D: 0.08%
• 1M: 2.77%
• YTD: 9.21%
• 6M: 8.47%
• 1Y: 20.83%
• 3Y*: 28.39%
• 5Y*: 16.44%
• 10Y*: 15.76%

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

WASCX vs. WTRCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WASCX Delaware Ivy Asset Strategy Fund	6.61%	16.07%	13.12%	14.62%	-14.57%	12.88%	12.53%	20.90%	-5.98%	17.53%
WTRCX Delaware Ivy Core Equity Fund	9.21%	14.15%	51.17%	22.71%	-18.51%	27.71%	20.70%	30.09%	-5.39%	19.44%

Correlation

The correlation between WASCX and WTRCX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Apr 21, 1995	0.74

The correlation between WASCX and WTRCX shifts across timeframes, from 0.74 (all time) to 0.90 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

WASCX vs. WTRCX — Risk / Return Rank

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

WASCX

WASCX Risk / Return Rank: 32
WASCX Sharpe Ratio Rank: 32
WASCX Sortino Ratio Rank: 32
WASCX Omega Ratio Rank: 36
WASCX Calmar Ratio Rank: 25
WASCX Martin Ratio Rank: 37

WTRCX

WTRCX Risk / Return Rank: 31
WTRCX Sharpe Ratio Rank: 31
WTRCX Sortino Ratio Rank: 30
WTRCX Omega Ratio Rank: 30
WTRCX Calmar Ratio Rank: 27
WTRCX Martin Ratio Rank: 37

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.

WASCX vs. WTRCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy Asset Strategy Fund (WASCX) and Delaware Ivy Core Equity Fund (WTRCX). 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.

	WASCX	WTRCX	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.61	+0.02
Sortino ratio: Return per unit of downside risk	2.36	2.27	+0.09
Omega ratio: Gain probability vs. loss probability	1.32	1.29	+0.03
Calmar ratio: Return relative to maximum drawdown	1.85	1.95	-0.11
Martin ratio: Return relative to average drawdown	8.14	8.08	+0.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WASCX vs. WTRCX - Sharpe Ratio Comparison

The current WASCX Sharpe Ratio is 1.63, which is comparable to the WTRCX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of WASCX and WTRCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WASCX	WTRCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.63	1.61	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.55	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.63	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.16	+0.38

Drawdowns

WASCX vs. WTRCX - Drawdown Comparison

The maximum WASCX drawdown since its inception was -36.09%, smaller than the maximum WTRCX drawdown of -54.41%. Use the drawdown chart below to compare losses from any high point for WASCX and WTRCX.

Drawdown Indicators

	WASCX	WTRCX	Difference
Max Drawdown Largest peak-to-trough decline	-36.09%	-54.41%	+18.32%
Max Drawdown (1Y) Largest decline over 1 year	-9.02%	-11.06%	+2.04%
Max Drawdown (3Y) Largest decline over 3 years	-11.21%	-27.46%	+16.25%
Max Drawdown (5Y) Largest decline over 5 years	-28.99%	-33.66%	+4.67%
Max Drawdown (10Y) Largest decline over 10 years	-29.42%	-33.66%	+4.24%
Current Drawdown Current decline from peak	0.00%	-0.92%	+0.92%
Average Drawdown Average peak-to-trough decline	-7.47%	-20.96%	+13.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	2.66%	-0.62%

Volatility

WASCX vs. WTRCX - Volatility Comparison

The current volatility for Delaware Ivy Asset Strategy Fund (WASCX) is 3.35%, while Delaware Ivy Core Equity Fund (WTRCX) has a volatility of 4.00%. This indicates that WASCX experiences smaller price fluctuations and is considered to be less risky than WTRCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WASCX	WTRCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.35%	4.00%	-0.65%
Volatility (6M) Calculated over the trailing 6-month period	8.94%	10.71%	-1.77%
Volatility (1Y) Calculated over the trailing 1-year period	10.24%	13.45%	-3.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.68%	29.91%	-12.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.60%	25.11%	-9.51%

WASCX vs. WTRCX - Expense Ratio Comparison

WASCX has a 2.18% expense ratio, which is higher than WTRCX's 1.75% expense ratio.

Dividends

WASCX vs. WTRCX - Dividend Comparison

WASCX's dividend yield for the trailing twelve months is around 10.04%, less than WTRCX's 20.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WASCX Delaware Ivy Asset Strategy Fund	10.04%	10.75%	8.30%	2.28%	18.75%	11.68%	2.22%	5.49%	20.62%	2.37%	0.00%	6.52%
WTRCX Delaware Ivy Core Equity Fund	20.97%	22.90%	36.18%	16.84%	19.28%	15.56%	2.66%	12.05%	18.38%	7.10%	3.92%	7.95%

Frequently Asked Questions

Can I hold both WASCX and WTRCX in my portfolio?

WASCX and WTRCX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WASCX or WTRCX?

WTRCX has higher volatility (4.00%) compared to WASCX (3.35%). In terms of maximum drawdown, WASCX dropped -36.09% vs WTRCX's -54.41%.

Which has better risk-adjusted returns?

WASCX currently has the higher Sharpe Ratio (1.63 vs 1.61), 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.