Delaware Emerging Markets Fund Manager Performance Evaluation

DEMAX Fund  USD 38.98  1.62  4.34%   
The fund maintains a Beta (Systematic Risk) of 1.61, which attests to elevated sensitivity to broad market movements. As the market goes up, the fund is expected to outperform it. However, if the market returns are negative, DELAWARE EMERGING will likely underperform.
Risk-Adjusted Performance
Balanced
 
Weak
 
Strong
Across the last 90 days, the risk-adjusted return profile of Delaware Emerging Markets is weaker than 14% of the funds and fund portfolios reviewed by Macroaxis. Used properly, the ranking helps separate absolute gains from efficient gains. Despite somewhat weak basic indicators, DELAWARE EMERGING sustained solid returns over the last few months and may actually be approaching a breakup point. Learn More
Expense Ratio Date1st of April 2025
Expense Ratio1.4200
  

Relative Risk vs. Return Landscape

If you had invested $ 2,957 in Delaware Emerging Markets on December 24, 2025 and sold it today you would have earned a total of $ 941.00 from holding Delaware Emerging Markets or generated 31.82% return on investment over 90 days. Delaware Emerging Markets is currently producing a 0.5005% return and carries 2.7834% volatility of returns over 90 trading days. Put another way, 24% of traded mutual funds are less volatile than DELAWARE, and 90% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
This relative risk-return summary reviews how the instrument behaves against its benchmark. It highlights whether the current reward profile compensates for the level of uncertainty assumed. Assuming a 90-day horizon DELAWARE EMERGING is expected to generate 3.28 times more return on investment than the market. However, the fund is 3.28 times more volatile than its market benchmark. It trades about 0.18 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.1 per unit of risk.

Target Price Odds to finish over Current Price

The tendency of DELAWARE Mutual Fund price to converge on an average value over time is a well-known pattern in finance. Despite this pattern, historical data suggests that some funds remain persistently mispriced until markets correct.
Current PriceHorizonTarget PriceOdds moving above the current price in 90 days
38.98 90 days 38.98
about 26.35
Based on a normal probability distribution, the odds of DELAWARE EMERGING moving above the current price in 90 days from now are about 26.35 . That keeps the near-term bias tilted toward stronger price outcomes for this fund. (The density curve centers on the price range the market has recently treated as most probable for DELAWARE Mutual Fund over the next 90 days).
Assuming a 90-day horizon the mutual fund has the beta coefficient of 1.61 suggesting as the benchmark fluctuates upward, the fund is expected to outperform it on average. However, if the benchmark returns are projected to be negative, DELAWARE EMERGING will likely underperform. Additionally, Delaware Emerging Markets has an alpha of 0.653, implying that it can generate a 0.653 percent excess return over Dow Jones Industrial after adjusting for the inherent market risk (beta).
   DELAWARE EMERGING Price Density   
       Price  

Predictive Modules for DELAWARE EMERGING

Numerous approaches exist for forecasting the fund market and estimating future values of Delaware Emerging Markets. Although accurate forecasting remains elusive, the process of modeling scenarios is a valuable part of decision-making.
Experienced market participants anticipate that DELAWARE EMERGING's price will even out over time. Periods when DELAWARE EMERGING's deviates significantly from its historical mean may warrant further fundamental analysis.
Hype
Prediction
LowEstimatedHigh
36.5439.3242.10
Details
Intrinsic
Valuation
LowRealHigh
36.9639.7442.52
Details
Naive
Forecast
LowNextHigh
37.7840.5743.35
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
35.3439.6743.99
Details
Analyzing DELAWARE EMERGING in isolation is insufficient for informed investment decisions. This peer-relative view often uncovers mispricing that single-company analysis would miss.

Primary Risk Indicators

The last 10-20 years have been a volatile period for the mutual fund market, and DELAWARE EMERGING is no exception. DELAWARE EMERGING has experienced periods of rapid price declines followed by equally strong recoveries.
α
Alpha over Dow Jones
0.65
β
Beta against Dow Jones1.61
σ
Overall volatility
4.11
Ir
Information ratio 0.23

Investor Alerts and Insights

Automated alerts tied to DELAWARE EMERGING help investors stay ahead of material changes in fund conditions. Delaware Emerging Markets notifications flag important changes in technical indicators, fundamentals, and market conditions.
The fund retains 99.23% of its assets under management (AUM) in equities

DELAWARE EMERGING Fundamentals Growth

DELAWARE Mutual Fund prices reflect investors' perceptions of DELAWARE EMERGING's future prospects and financial health. Revenue trajectory, earnings quality, profit margins, and leverage levels shape DELAWARE Mutual Fund market performance.

Performance Metrics & Calculation Methodology

DELAWARE EMERGING performance is typically evaluated through NAV-based returns relative to category peers and stated objectives. Risk-adjusted measures provide context for return efficiency across regimes.

Unless otherwise specified, data for Delaware Emerging Markets is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day. Return and risk statistics are calculated from historical price series.

This content is curated and reviewed by:

Ellen Johnson - Member of Macroaxis Editorial Board
Last reviewed on March 23rd, 2026