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Oaktree Diversified Income Fund Inc. Class D (ODIDX) Sharpe Ratio: 3.84

Mutual Fund · Currency in USD · Last updated Jul 29, 2026

The fund is an actively managed interval fund seeking current income and capital appreciation through a diversified global credit portfolio that can include high-yield bonds, senior loans, structured credit, emerging-market debt, convertibles, and private lending.

ODIDX's Sharpe Ratio of 3.84 indicates that for each unit of volatility, it generates 3.84 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 29, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

ODIDX Sharpe Ratio Rank

ODIDX Sharpe Ratio Rank: 99.199
Exceptional

ODIDX ranks above 99.1% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

ODIDX Sharpe Ratio Market Positioning

The chart shows ODIDX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.89 or lower
  • Yellow zone (middle 50%): 0.89 to 1.75
  • Green zone (top 25%): 1.75 or higher
  • Top 1%: 3.75+
  • Median: 1.36 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Oaktree Diversified Income Fund Inc. Class D's Sharpe Ratio with other mutual funds in the Multisector Bonds category across multiple time periods, showing how ODIDX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 29, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
NWXHXNationwide Amundi Strategic Income Fund4.90
NWXEXNationwide Strategic Income A4.39
BWDTXBoyd Watterson Limited Duration Enhanced Income Fund4.00
ODIDXOaktree Diversified Income Fund Inc. Class D3.84
RFXIXRational Special Situations Income Fund3.65
ICMUXIntrepid Income Fund3.35
CBLDXCrossingBridge Low Duration High Yield Fund3.06
DBSCXDoubleline Selective Credit Fund2.86
ESIIXEaton Vance Strategic Income Fund Class I2.76
PKBIXPayden/Kravitz Cash Balance Plan Fund2.71
Benchmark

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Time Period

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Historical Sharpe Ratio

The chart shows ODIDX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ODIDX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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