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WMGAX vs. PKSFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

WMGAX vs. PKSFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delaware Ivy Mid Cap Growth Fund (WMGAX) and Virtus KAR Small-Cap Core Fund (PKSFX). The values are adjusted to include any dividend payments, if applicable.

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WMGAX vs. PKSFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
PKSFX
Virtus KAR Small-Cap Core Fund
-0.51%-2.58%13.67%32.32%-10.77%19.03%21.38%40.21%-1.99%34.98%

Returns By Period

In the year-to-date period, WMGAX achieves a -9.94% return, which is significantly lower than PKSFX's -0.51% return. Over the past 10 years, WMGAX has underperformed PKSFX with an annualized return of 10.30%, while PKSFX has yielded a comparatively higher 14.75% annualized return.


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%

PKSFX

1D
-0.21%
1M
-7.55%
YTD
-0.51%
6M
-1.30%
1Y
2.15%
3Y*
9.64%
5Y*
7.73%
10Y*
14.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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WMGAX vs. PKSFX - Expense Ratio Comparison

WMGAX has a 1.12% expense ratio, which is higher than PKSFX's 1.00% expense ratio.


Return for Risk

WMGAX vs. PKSFX — Risk / Return Rank

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

WMGAX
WMGAX Risk / Return Rank: 55
Overall Rank
WMGAX Sharpe Ratio Rank: 55
Sharpe Ratio Rank
WMGAX Sortino Ratio Rank: 55
Sortino Ratio Rank
WMGAX Omega Ratio Rank: 55
Omega Ratio Rank
WMGAX Calmar Ratio Rank: 44
Calmar Ratio Rank
WMGAX Martin Ratio Rank: 44
Martin Ratio Rank

PKSFX
PKSFX Risk / Return Rank: 88
Overall Rank
PKSFX Sharpe Ratio Rank: 88
Sharpe Ratio Rank
PKSFX Sortino Ratio Rank: 99
Sortino Ratio Rank
PKSFX Omega Ratio Rank: 88
Omega Ratio Rank
PKSFX Calmar Ratio Rank: 88
Calmar Ratio Rank
PKSFX Martin Ratio Rank: 77
Martin Ratio Rank
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.

WMGAX vs. PKSFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy Mid Cap Growth Fund (WMGAX) and Virtus KAR Small-Cap Core Fund (PKSFX). 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.


WMGAXPKSFXDifference

Sharpe ratio

Return per unit of total volatility

-0.03

0.14

-0.17

Sortino ratio

Return per unit of downside risk

0.12

0.35

-0.23

Omega ratio

Gain probability vs. loss probability

1.02

1.04

-0.03

Calmar ratio

Return relative to maximum drawdown

-0.16

0.09

-0.24

Martin ratio

Return relative to average drawdown

-0.51

0.19

-0.70

WMGAX vs. PKSFX - Sharpe Ratio Comparison

The current WMGAX Sharpe Ratio is -0.03, which is lower than the PKSFX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of WMGAX and PKSFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


WMGAXPKSFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.03

0.14

-0.17

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.04

0.43

-0.48

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.45

0.79

-0.34

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

0.56

-0.19

Correlation

The correlation between WMGAX and PKSFX is 0.86, 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. PKSFX - Dividend Comparison

WMGAX's dividend yield for the trailing twelve months is around 12.32%, less than PKSFX's 14.37% yield.


TTM20252024202320222021202020192018201720162015
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%
PKSFX
Virtus KAR Small-Cap Core Fund
14.37%14.30%4.07%4.12%6.65%12.05%7.45%4.03%4.33%0.17%5.69%19.83%

Drawdowns

WMGAX vs. PKSFX - Drawdown Comparison

The maximum WMGAX drawdown since its inception was -53.74%, roughly equal to the maximum PKSFX drawdown of -54.46%. Use the drawdown chart below to compare losses from any high point for WMGAX and PKSFX.


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Drawdown Indicators


WMGAXPKSFXDifference

Max Drawdown

Largest peak-to-trough decline

-53.74%

-54.46%

+0.72%

Max Drawdown (1Y)

Largest decline over 1 year

-16.16%

-11.21%

-4.95%

Max Drawdown (5Y)

Largest decline over 5 years

-42.95%

-22.02%

-20.93%

Max Drawdown (10Y)

Largest decline over 10 years

-42.95%

-33.45%

-9.50%

Current Drawdown

Current decline from peak

-25.33%

-11.25%

-14.08%

Average Drawdown

Average peak-to-trough decline

-13.58%

-7.17%

-6.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.96%

4.92%

+0.04%

Volatility

WMGAX vs. PKSFX - Volatility Comparison

Delaware Ivy Mid Cap Growth Fund (WMGAX) has a higher volatility of 5.96% compared to Virtus KAR Small-Cap Core Fund (PKSFX) at 4.01%. This indicates that WMGAX's price experiences larger fluctuations and is considered to be riskier than PKSFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


WMGAXPKSFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.96%

4.01%

+1.95%

Volatility (6M)

Calculated over the trailing 6-month period

12.75%

10.93%

+1.82%

Volatility (1Y)

Calculated over the trailing 1-year period

22.95%

18.88%

+4.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.00%

17.88%

+7.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.09%

18.78%

+4.31%