Delaware Diversified Correlations

Mutual Funds . USA . 
Fund . Delaware Diversified Income
DPDFX Fund  USD 7.82  0.01  0.13%   
The current 90-days correlation between Delaware Diversified and Delaware Healthcare Fund is -0.07 (i.e., Good diversification). The correlation of Delaware Diversified is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Delaware Diversified Correlation With Market

Poor diversification

The correlation between Delaware Diversified Income and DJI is 0.73 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Delaware Diversified Income and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delaware Diversified Income. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Delaware Mutual Fund

  0.61WASAX Ivy Asset StrategyPairCorr
  0.64WSTAX Ivy Science AndPairCorr
  0.77CXHYX Delaware National HighPairCorr
  0.84FTNYX Delaware Tax FreePairCorr
  0.85FTORX First Investors TaxPairCorr
  0.87FTOTX First Investors TaxPairCorr
  0.61DLHCX Delaware HealthcarePairCorr
  0.61DLHAX Delaware HealthcarePairCorr
  0.77IPOAX Ivy Emerging MarketsPairCorr
  0.89DMOCX Delaware Tax FreePairCorr
  0.79DMTFX Delaware Tax FreePairCorr
  0.86DMUSX Delaware Tax FreePairCorr
  0.89VCTFX Delaware Tax FreePairCorr
  0.99DPCFX Delaware DiversifiedPairCorr
  0.69FGIPX First Investors GrowthPairCorr
  0.8FGINX First Investors GrowthPairCorr
  0.69WHIAX Ivy High IncomePairCorr
  0.87DPREX Delaware ReitPairCorr
  0.88DPRCX Delaware ReitPairCorr
  0.85DPTCX Delaware Tax FreePairCorr
  0.88FIUSX First Investors OppoPairCorr
  0.73FIVUX First Investors OppoPairCorr
  0.63IVOAX Ivy Mid CapPairCorr
  0.88IVSAX Ivy Global BondPairCorr
  0.83IEYAX Ivy Energy FundPairCorr
  0.83DTICX Delaware Limited TermPairCorr
  0.68DCCCX Delaware Small CapPairCorr
  0.69DCCAX Delaware Small CapPairCorr
  0.87DUICX Delaware Tax FreePairCorr
  0.81DUSCX Delaware Tax FreePairCorr
  0.81IGNAX Ivy Natural ResourcesPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Delaware Mutual Fund performing well and Delaware Diversified Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Delaware Diversified's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
WASAX  0.57  0.20  0.24  0.52  0.13 
(0.67)
 0.96 
(0.90)
 10.31 
WSGAX  2.00  0.59  0.15  1.33  2.96 
(2.61)
 2.28 
(1.72)
 68.29 
WSTAX  1.18  0.04  0.03  0.11  1.73 
(1.13)
 2.14 
(3.27)
 7.77 
CXHYX  0.11  0.00 (0.29) 0.08  0.07 
(0.20)
 0.31 
(0.31)
 0.93 
WCEAX  0.85  0.23  0.21  0.43  0.59 
(0.97)
 1.11 
(1.36)
 17.19 
FTNYX  0.10  0.01 (0.28) 1.20  0.00 
(0.18)
 0.29 
(0.19)
 0.97 
FTORX  0.09  0.01 (0.33) 6.93  0.00 
(0.13)
 0.25 
(0.17)
 0.82 
FTOTX  0.09  0.01 (0.30) 2.56  0.00 
(0.15)
 0.25 
(0.08)
 0.83 
DLHCX  0.89  0.20  0.23  0.37  0.48 
(1.18)
 2.08 
(1.15)
 9.05 
DLHAX  0.94  0.18  0.19  0.33  0.58 
(1.22)
 2.06 
(1.46)
 10.20 

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY