WTRCX vs. GQEIX

Last updated Apr 2, 2026

Compare and contrast key facts about Delaware Ivy Core Equity Fund (WTRCX) and GQG Partners US Select Quality Equity Fund (GQEIX).

WTRCX is managed by Ivy Funds. It was launched on Sep 21, 1992. GQEIX is an actively managed fund by GQG Partners Inc. It was launched on Sep 28, 2018.

Performance

WTRCX vs. GQEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delaware Ivy Core Equity Fund (WTRCX) and GQG Partners US Select Quality Equity Fund (GQEIX). The values are adjusted to include any dividend payments, if applicable.

WTRCX vs. GQEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
WTRCX Delaware Ivy Core Equity Fund	-5.25%	14.15%	51.17%	22.71%	-18.51%	27.71%	20.70%	30.09%	-14.38%
GQEIX GQG Partners US Select Quality Equity Fund	9.61%	-4.31%	29.20%	17.77%	-2.69%	19.88%	23.88%	27.34%	-7.65%

Returns By Period

In the year-to-date period, WTRCX achieves a -5.25% return, which is significantly lower than GQEIX's 9.61% return.

WTRCX

• 1D: 3.21%
• 1M: -5.42%
• YTD: -5.25%
• 6M: -5.60%
• 1Y: 11.31%
• 3Y*: 23.69%
• 5Y*: 14.17%
• 10Y*: 14.46%

GQEIX

• 1D: -0.18%
• 1M: -1.83%
• YTD: 9.61%
• 6M: 8.10%
• 1Y: 5.59%
• 3Y*: 17.98%
• 5Y*: 12.55%
• 10Y*: —

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

WTRCX vs. GQEIX - Expense Ratio Comparison

WTRCX has a 1.75% expense ratio, which is higher than GQEIX's 0.49% expense ratio.

WTRCX

Delaware Ivy Core Equity Fund

GQEIX

GQG Partners US Select Quality Equity Fund

Return for Risk

WTRCX vs. GQEIX — Risk / Return Rank

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

WTRCX

WTRCX Risk / Return Rank: 23
WTRCX Sharpe Ratio Rank: 21
WTRCX Sortino Ratio Rank: 22
WTRCX Omega Ratio Rank: 21
WTRCX Calmar Ratio Rank: 25
WTRCX Martin Ratio Rank: 25

GQEIX

GQEIX Risk / Return Rank: 16
GQEIX Sharpe Ratio Rank: 15
GQEIX Sortino Ratio Rank: 13
GQEIX Omega Ratio Rank: 13
GQEIX Calmar Ratio Rank: 23
GQEIX Martin Ratio Rank: 17

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.

WTRCX vs. GQEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delaware Ivy Core Equity Fund (WTRCX) and GQG Partners US Select Quality Equity Fund (GQEIX). 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.

	WTRCX	GQEIX	Difference
Sharpe ratio Return per unit of total volatility	0.68	0.45	+0.23
Sortino ratio Return per unit of downside risk	1.07	0.69	+0.38
Omega ratio Gain probability vs. loss probability	1.15	1.09	+0.06
Calmar ratio Return relative to maximum drawdown	0.95	0.77	+0.18
Martin ratio Return relative to average drawdown	3.50	1.97	+1.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTRCX vs. GQEIX - Sharpe Ratio Comparison

The current WTRCX Sharpe Ratio is 0.68, which is higher than the GQEIX Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of WTRCX and GQEIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WTRCX	GQEIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.68	0.45	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.79	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.76	-0.60

Correlation

The correlation between WTRCX and GQEIX is 0.76, 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

WTRCX vs. GQEIX - Dividend Comparison

WTRCX's dividend yield for the trailing twelve months is around 24.17%, more than GQEIX's 6.73% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WTRCX Delaware Ivy Core Equity Fund	24.17%	22.90%	36.18%	16.84%	19.28%	15.56%	2.66%	12.05%	18.38%	7.10%	3.92%	7.95%
GQEIX GQG Partners US Select Quality Equity Fund	6.73%	7.38%	5.41%	0.63%	4.50%	1.50%	0.67%	0.65%	0.12%	0.00%	0.00%	0.00%

Drawdowns

WTRCX vs. GQEIX - Drawdown Comparison

The maximum WTRCX drawdown since its inception was -54.41%, which is greater than GQEIX's maximum drawdown of -28.48%. Use the drawdown chart below to compare losses from any high point for WTRCX and GQEIX.

Drawdown Indicators

	WTRCX	GQEIX	Difference
Max Drawdown Largest peak-to-trough decline	-54.41%	-28.48%	-25.93%
Max Drawdown (1Y) Largest decline over 1 year	-11.06%	-8.30%	-2.76%
Max Drawdown (5Y) Largest decline over 5 years	-33.66%	-20.44%	-13.22%
Max Drawdown (10Y) Largest decline over 10 years	-33.66%	—	—
Current Drawdown Current decline from peak	-10.05%	-6.26%	-3.79%
Average Drawdown Average peak-to-trough decline	-21.06%	-5.69%	-15.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	3.40%	-0.39%

Volatility

WTRCX vs. GQEIX - Volatility Comparison

Delaware Ivy Core Equity Fund (WTRCX) has a higher volatility of 6.06% compared to GQG Partners US Select Quality Equity Fund (GQEIX) at 2.76%. This indicates that WTRCX's price experiences larger fluctuations and is considered to be riskier than GQEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTRCX	GQEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.06%	2.76%	+3.30%
Volatility (6M) Calculated over the trailing 6-month period	10.54%	7.32%	+3.22%
Volatility (1Y) Calculated over the trailing 1-year period	17.75%	12.44%	+5.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.88%	15.88%	+14.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.07%	18.88%	+6.19%