WMGAX vs. BARAX
Compare and contrast key facts about Delaware Ivy Mid Cap Growth Fund (WMGAX) and Baron Asset Fund (BARAX).
WMGAX is managed by Delaware Funds. It was launched on Jun 30, 2000. BARAX is managed by Baron Capital Group, Inc.. It was launched on Jun 12, 1987.
Performance
WMGAX vs. BARAX - Performance Comparison
Loading graphics...
WMGAX vs. BARAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMGAX Delaware Ivy Mid Cap Growth Fund | -9.94% | 0.83% | 10.02% | 19.97% | -30.68% | 16.22% | 48.56% | 38.01% | -0.20% | 26.95% |
BARAX Baron Asset Fund | -9.35% | 7.89% | 10.35% | 17.05% | -26.06% | 13.88% | 32.98% | 37.64% | -0.15% | 26.18% |
Returns By Period
In the year-to-date period, WMGAX achieves a -9.94% return, which is significantly lower than BARAX's -9.35% return. Both investments have delivered pretty close results over the past 10 years, with WMGAX having a 10.30% annualized return and BARAX not far behind at 10.14%.
WMGAX
- 1D
- -0.82%
- 1M
- -11.41%
- YTD
- -9.94%
- 6M
- -13.30%
- 1Y
- -0.56%
- 3Y*
- 2.52%
- 5Y*
- -1.06%
- 10Y*
- 10.30%
BARAX
- 1D
- 0.01%
- 1M
- -7.56%
- YTD
- -9.35%
- 6M
- -2.30%
- 1Y
- 0.78%
- 3Y*
- 6.27%
- 5Y*
- 1.47%
- 10Y*
- 10.14%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WMGAX vs. BARAX - Expense Ratio Comparison
WMGAX has a 1.12% expense ratio, which is lower than BARAX's 1.29% expense ratio.
Return for Risk
WMGAX vs. BARAX — Risk / Return Rank
WMGAX
BARAX
WMGAX vs. BARAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy Mid Cap Growth Fund (WMGAX) and Baron Asset Fund (BARAX). 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.
| WMGAX | BARAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.03 | 0.12 | -0.15 |
Sortino ratioReturn per unit of downside risk | 0.12 | 0.34 | -0.22 |
Omega ratioGain probability vs. loss probability | 1.02 | 1.04 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | -0.16 | 0.07 | -0.22 |
Martin ratioReturn relative to average drawdown | -0.51 | 0.17 | -0.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| WMGAX | BARAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | 0.12 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.08 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.51 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.48 | -0.12 |
Correlation
The correlation between WMGAX and BARAX is 0.91, 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.
Dividends
WMGAX vs. BARAX - Dividend Comparison
WMGAX's dividend yield for the trailing twelve months is around 12.32%, less than BARAX's 12.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMGAX Delaware Ivy Mid Cap Growth Fund | 12.32% | 11.10% | 15.30% | 6.66% | 11.94% | 13.08% | 9.97% | 5.23% | 10.28% | 7.92% | 3.98% | 10.88% |
BARAX Baron Asset Fund | 12.69% | 11.51% | 19.23% | 3.48% | 0.01% | 7.65% | 3.05% | 1.78% | 7.42% | 7.25% | 4.88% | 11.50% |
Drawdowns
WMGAX vs. BARAX - Drawdown Comparison
The maximum WMGAX drawdown since its inception was -53.74%, smaller than the maximum BARAX drawdown of -59.71%. Use the drawdown chart below to compare losses from any high point for WMGAX and BARAX.
Loading graphics...
Drawdown Indicators
| WMGAX | BARAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.74% | -59.71% | +5.97% |
Max Drawdown (1Y)Largest decline over 1 year | -16.16% | -11.12% | -5.04% |
Max Drawdown (5Y)Largest decline over 5 years | -42.95% | -37.53% | -5.42% |
Max Drawdown (10Y)Largest decline over 10 years | -42.95% | -37.53% | -5.42% |
Current DrawdownCurrent decline from peak | -25.33% | -10.74% | -14.59% |
Average DrawdownAverage peak-to-trough decline | -13.58% | -11.44% | -2.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.96% | 4.40% | +0.56% |
Volatility
WMGAX vs. BARAX - Volatility Comparison
Delaware Ivy Mid Cap Growth Fund (WMGAX) has a higher volatility of 5.96% compared to Baron Asset Fund (BARAX) at 3.35%. This indicates that WMGAX's price experiences larger fluctuations and is considered to be riskier than BARAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| WMGAX | BARAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 3.35% | +2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 12.75% | 11.72% | +1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.95% | 18.99% | +3.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.00% | 19.55% | +5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.09% | 19.79% | +3.30% |