BRXAX vs. DODFX

Last updated Jun 24, 2026

BRXAX (MFS Blended Research International Equity Fund Class A) and DODFX (Dodge & Cox International Stock Fund) are both Foreign Large Cap Equities funds. BRXAX is passively managed, while DODFX is actively managed. Over the past 10 years, BRXAX returned 12.13%/yr vs 11.77%/yr for DODFX. Their correlation of 0.92 suggests significant overlap in exposure. BRXAX charges 0.77%/yr vs 0.61%/yr for DODFX.

Performance

BRXAX vs. DODFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Blended Research International Equity Fund Class A (BRXAX) and Dodge & Cox International Stock Fund (DODFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRXAX achieves a 18.40% return, which is significantly higher than DODFX's 13.91% return. Both investments have delivered pretty close results over the past 10 years, with BRXAX having a 12.13% annualized return and DODFX not far behind at 11.77%.

BRXAX

• 1D: 0.14%
• 1M: 4.79%
• YTD: 18.40%
• 6M: 18.47%
• 1Y: 40.08%
• 3Y*: 25.13%
• 5Y*: 12.97%
• 10Y*: 12.13%

DODFX

• 1D: 0.70%
• 1M: 3.36%
• YTD: 13.91%
• 6M: 13.91%
• 1Y: 32.64%
• 3Y*: 20.85%
• 5Y*: 11.93%
• 10Y*: 11.77%

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

BRXAX vs. DODFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRXAX MFS Blended Research International Equity Fund Class A	18.40%	39.54%	11.62%	14.03%	-13.57%	13.21%	8.90%	21.79%	-15.77%	24.93%
DODFX Dodge & Cox International Stock Fund	13.91%	38.77%	3.74%	16.70%	-6.78%	10.99%	5.15%	22.79%	-18.01%	23.95%

Correlation

The correlation between BRXAX and DODFX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Sep 17, 2015	0.92

The correlation between BRXAX and DODFX has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

Return for Risk

BRXAX vs. DODFX — Risk / Return Rank

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

BRXAX

BRXAX Risk / Return Rank: 85
BRXAX Sharpe Ratio Rank: 91
BRXAX Sortino Ratio Rank: 85
BRXAX Omega Ratio Rank: 84
BRXAX Calmar Ratio Rank: 83
BRXAX Martin Ratio Rank: 81

DODFX

DODFX Risk / Return Rank: 72
DODFX Sharpe Ratio Rank: 80
DODFX Sortino Ratio Rank: 73
DODFX Omega Ratio Rank: 77
DODFX Calmar Ratio Rank: 67
DODFX Martin Ratio Rank: 61

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.

BRXAX vs. DODFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Blended Research International Equity Fund Class A (BRXAX) and Dodge & Cox International Stock Fund (DODFX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BRXAX	DODFX	Difference
Sharpe ratio: Return per unit of total volatility	2.79	2.42	+0.37
Sortino ratio: Return per unit of downside risk	3.71	3.23	+0.48
Omega ratio: Gain probability vs. loss probability	1.52	1.45	+0.07
Calmar ratio: Return relative to maximum drawdown	3.62	3.00	+0.62
Martin ratio: Return relative to average drawdown	14.04	11.40	+2.64

BRXAX vs. DODFX - Sharpe Ratio Comparison

The current BRXAX Sharpe Ratio is 2.79, which is comparable to the DODFX Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of BRXAX and DODFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BRXAX vs. DODFX - Drawdown Comparison

The maximum BRXAX drawdown since its inception was -36.59%, smaller than the maximum DODFX drawdown of -63.23%. Use the drawdown chart below to compare losses from any high point for BRXAX and DODFX.

Drawdown Indicators

	BRXAX	DODFX	Difference
Max Drawdown Largest peak-to-trough decline	-36.59%	-63.23%	+26.64%
Max Drawdown (1Y) Largest decline over 1 year	-11.23%	-11.14%	-0.09%
Max Drawdown (3Y) Largest decline over 3 years	-12.71%	-14.41%	+1.70%
Max Drawdown (5Y) Largest decline over 5 years	-26.63%	-24.52%	-2.11%
Max Drawdown (10Y) Largest decline over 10 years	-36.59%	-44.61%	+8.02%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.96%	-11.63%	+4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	2.92%	-0.03%

Volatility

BRXAX vs. DODFX - Volatility Comparison

MFS Blended Research International Equity Fund Class A (BRXAX) has a higher volatility of 5.91% compared to Dodge & Cox International Stock Fund (DODFX) at 5.39%. This indicates that BRXAX's price experiences larger fluctuations and is considered to be riskier than DODFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRXAX	DODFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.91%	5.39%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	12.62%	11.93%	+0.69%
Volatility (1Y) Calculated over the trailing 1-year period	14.57%	13.82%	+0.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.85%	16.01%	-1.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.81%	18.18%	-2.37%

BRXAX vs. DODFX - Expense Ratio Comparison

BRXAX has a 0.77% expense ratio, which is higher than DODFX's 0.61% expense ratio.

Dividends

BRXAX vs. DODFX - Dividend Comparison

BRXAX's dividend yield for the trailing twelve months is around 3.39%, less than DODFX's 4.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRXAX MFS Blended Research International Equity Fund Class A	3.39%	4.02%	4.63%	2.53%	2.52%	5.21%	2.13%	2.66%	6.55%	1.13%	0.40%	1.18%
DODFX Dodge & Cox International Stock Fund	4.44%	5.05%	2.25%	2.29%	2.23%	2.49%	4.21%	3.93%	2.93%	1.93%	3.66%	2.30%

Frequently Asked Questions

Can I hold both BRXAX and DODFX in my portfolio?

With a correlation of 0.90, BRXAX and DODFX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BRXAX or DODFX?

BRXAX has higher volatility (5.91%) compared to DODFX (5.39%). In terms of maximum drawdown, BRXAX dropped -36.59% vs DODFX's -63.23%.

Which has better risk-adjusted returns?

BRXAX currently has the higher Sharpe Ratio (2.79 vs 2.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.