DAIOX vs. DODLX
Compare and contrast key facts about Dunham International Opportunity Bond Fund (DAIOX) and Dodge & Cox Global Bond Fund (DODLX).
DAIOX is managed by Dunham. It was launched on Oct 31, 2013. DODLX is managed by Dodge & Cox. It was launched on Apr 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DAIOX or DODLX.
Key characteristics
| DAIOX | DODLX | |
|---|---|---|
| YTD Return | 1.52% | -0.97% |
| 1Y Return | 10.84% | 6.55% |
| 3Y Return (Ann) | -0.96% | 0.72% |
| 5Y Return (Ann) | 0.49% | 3.86% |
| 10Y Return (Ann) | -0.85% | 2.95% |
| Sharpe Ratio | 2.45 | 1.10 |
| Daily Std Dev | 4.24% | 5.94% |
| Max Drawdown | -27.58% | -16.30% |
| Current Drawdown | -8.87% | -1.24% |
Correlation
The correlation between DAIOX and DODLX is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DAIOX vs. DODLX - Performance Comparison
In the year-to-date period, DAIOX achieves a 1.52% return, which is significantly higher than DODLX's -0.97% return. Over the past 10 years, DAIOX has underperformed DODLX with an annualized return of -0.85%, while DODLX has yielded a comparatively higher 2.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DAIOX vs. DODLX - Expense Ratio Comparison
DAIOX has a 1.58% expense ratio, which is higher than DODLX's 0.45% expense ratio.
Risk-Adjusted Performance
DAIOX vs. DODLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dunham International Opportunity Bond Fund (DAIOX) and Dodge & Cox Global Bond Fund (DODLX). 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.
Dividends
DAIOX vs. DODLX - Dividend Comparison
DAIOX's dividend yield for the trailing twelve months is around 4.66%, more than DODLX's 3.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DAIOX Dunham International Opportunity Bond Fund | 4.66% | 4.56% | 7.18% | 2.88% | 2.23% | 0.23% | 0.42% | 0.11% | 1.10% | 0.05% | 0.38% | 0.07% |
DODLX Dodge & Cox Global Bond Fund | 3.59% | 3.31% | 5.05% | 3.86% | 2.66% | 3.40% | 5.19% | 2.45% | 1.69% | 0.00% | 1.40% | 0.00% |
Drawdowns
DAIOX vs. DODLX - Drawdown Comparison
The maximum DAIOX drawdown since its inception was -27.58%, which is greater than DODLX's maximum drawdown of -16.30%. Use the drawdown chart below to compare losses from any high point for DAIOX and DODLX. For additional features, visit the drawdowns tool.
Volatility
DAIOX vs. DODLX - Volatility Comparison
The current volatility for Dunham International Opportunity Bond Fund (DAIOX) is 1.31%, while Dodge & Cox Global Bond Fund (DODLX) has a volatility of 1.75%. This indicates that DAIOX experiences smaller price fluctuations and is considered to be less risky than DODLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.