FHELX Performance — Delaware Hedged U.S. Equity Opportunities Fund, Class R6
Data updated: 2024-05-28
FHELX returned +18.60% over one year to Mar 2024. The annualised 3-year return is +4.73%. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $115, against $128 for the category, and to $119 over one year, against $124. Volatility over the past three years was 12.20% a year. In the 12 months to Mar 2024 the fund lost a net $15.7M, and assets reached $22.29M.
FHELX Growth of $100
What $100 invested in Delaware Hedged U.S. Equity Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | FHELX | Category average |
|---|---|---|
| 1 year (Apr 2023 – Mar 2024) | $119 | $124 |
| 3 years (Apr 2021 – Mar 2024) | $115 | $128 |
| Since data start (Oct 2019 – Mar 2024) | $142 | $167 |
FHELX Trailing Returns
Total returns to Mar 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +18.60% |
| 3 years (annualised) | +4.73% |
FHELX Annual Returns
Calendar-year total returns of Delaware Hedged U.S. Equity Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Mar) | +6.70% |
| 2023 | +14.71% |
| 2022 | −13.27% |
| 2021 | +9.94% |
| 2020 | +16.18% |
| 2019 (Oct–Dec) | +4.62% |
FHELX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.6% | +4.0% | +2.0% | — | — | — | — | — | — | — | — | — |
| 2023 | +4.3% | −2.2% | +1.1% | +0.9% | −0.9% | +4.8% | +2.8% | −2.1% | −3.9% | −1.2% | +6.9% | +3.7% |
| 2022 | −4.2% | −1.5% | +1.2% | −6.0% | −0.8% | −5.0% | +5.4% | −2.7% | −6.3% | +5.6% | +4.3% | −3.1% |
| 2021 | −1.8% | +1.8% | +1.6% | +3.8% | −1.1% | +1.2% | +1.6% | +1.5% | −3.2% | +3.2% | −2.5% | +3.7% |
| 2020 | +0.1% | −4.5% | −9.4% | +8.0% | +4.6% | +0.9% | +4.9% | +4.2% | −1.3% | −1.8% | +7.8% | +3.0% |
| 2019 | — | — | — | — | — | — | — | — | — | +0.6% | +2.5% | +1.5% |
FHELX Risk
Risk measures from monthly returns over Apr 2021 – Mar 2024.
- 3-year volatility (annualised): 12.20%
- 3-year Sharpe ratio: 0.02 (vs 4.5% risk-free rate)
- Best month: +6.92% (Nov 2023)
- Worst month: −6.32% (Sep 2022)
FHELX Fund Flows
Monthly money in and out of Delaware Hedged U.S. Equity Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: −$15.7M
- 12-month gross sales (incl. reinvestments): $7.8M
- Sales ÷ redemptions: 0.33×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2024 | $161K | $32.7M | −$32.5M |
| Feb 2024 | $126K | $4.2M | −$4.1M |
| Jan 2024 | $549K | $1.4M | −$847K |
| Dec 2023 | $1.0M | −$3.8M | $4.8M |
| Nov 2023 | $1.6M | −$1.5M | $3.1M |
| Oct 2023 | $1.1M | −$1.3M | $2.5M |
| Sep 2023 | $328K | −$1.3M | $1.6M |
| Aug 2023 | $444K | −$1.8M | $2.3M |
| Jul 2023 | $265K | −$1.2M | $1.5M |
| Jun 2023 | $948K | −$1.5M | $2.5M |
| May 2023 | $446K | −$898K | $1.3M |
| Apr 2023 | $842K | −$1.4M | $2.2M |
FHELX Assets Under Management
Net assets of Delaware Hedged U.S. Equity Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-03-28 | $22.29M |
| 2023-12-29 | $56.69M |
| 2023-09-29 | $54.53M |
| 2023-06-30 | $59.70M |
| 2023-03-31 | $58.47M |
| 2022-12-30 | $57.47M |
| 2022-09-30 | $57.46M |
| 2022-06-30 | $62.26M |
| 2022-03-31 | $69.55M |
| 2021-12-31 | $71.89M |
| 2021-09-30 | $69.81M |
| 2021-06-30 | $73.55M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.