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DCDGX vs. DCHYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

DCDGX vs. DCHYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dunham Small Cap Growth Fund (DCDGX) and Dunham High Yield Bond Fund (DCHYX). The values are adjusted to include any dividend payments, if applicable.

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DCDGX vs. DCHYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
DCDGX
Dunham Small Cap Growth Fund
-4.35%11.14%13.01%20.48%-33.69%4.19%67.17%23.96%-4.54%28.81%
DCHYX
Dunham High Yield Bond Fund
-1.31%6.74%5.42%13.87%-10.93%4.22%6.92%13.64%-4.88%5.92%

Returns By Period

In the year-to-date period, DCDGX achieves a -4.35% return, which is significantly lower than DCHYX's -1.31% return. Over the past 10 years, DCDGX has outperformed DCHYX with an annualized return of 10.93%, while DCHYX has yielded a comparatively lower 4.52% annualized return.


DCDGX

1D
-2.38%
1M
-11.88%
YTD
-4.35%
6M
-1.25%
1Y
22.22%
3Y*
9.67%
5Y*
-0.81%
10Y*
10.93%

DCHYX

1D
0.24%
1M
-1.62%
YTD
-1.31%
6M
-0.45%
1Y
5.38%
3Y*
7.00%
5Y*
3.11%
10Y*
4.52%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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DCDGX vs. DCHYX - Expense Ratio Comparison

DCDGX has a 2.83% expense ratio, which is higher than DCHYX's 1.92% expense ratio.


Return for Risk

DCDGX vs. DCHYX — Risk / Return Rank

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

DCDGX
DCDGX Risk / Return Rank: 4444
Overall Rank
DCDGX Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
DCDGX Sortino Ratio Rank: 4141
Sortino Ratio Rank
DCDGX Omega Ratio Rank: 3535
Omega Ratio Rank
DCDGX Calmar Ratio Rank: 5555
Calmar Ratio Rank
DCDGX Martin Ratio Rank: 5050
Martin Ratio Rank

DCHYX
DCHYX Risk / Return Rank: 7474
Overall Rank
DCHYX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
DCHYX Sortino Ratio Rank: 7979
Sortino Ratio Rank
DCHYX Omega Ratio Rank: 8585
Omega Ratio Rank
DCHYX Calmar Ratio Rank: 5959
Calmar Ratio Rank
DCHYX Martin Ratio Rank: 6868
Martin Ratio Rank
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.

DCDGX vs. DCHYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dunham Small Cap Growth Fund (DCDGX) and Dunham High Yield Bond Fund (DCHYX). 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.


DCDGXDCHYXDifference

Sharpe ratio

Return per unit of total volatility

0.83

1.49

-0.66

Sortino ratio

Return per unit of downside risk

1.30

2.01

-0.71

Omega ratio

Gain probability vs. loss probability

1.17

1.35

-0.18

Calmar ratio

Return relative to maximum drawdown

1.32

1.41

-0.08

Martin ratio

Return relative to average drawdown

4.92

6.47

-1.55

DCDGX vs. DCHYX - Sharpe Ratio Comparison

The current DCDGX Sharpe Ratio is 0.83, which is lower than the DCHYX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of DCDGX and DCHYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


DCDGXDCHYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.83

1.49

-0.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.03

0.66

-0.69

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.45

0.88

-0.44

Sharpe Ratio (All Time)

Calculated using the full available price history

0.29

0.73

-0.44

Correlation

The correlation between DCDGX and DCHYX is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

DCDGX vs. DCHYX - Dividend Comparison

DCDGX's dividend yield for the trailing twelve months is around 7.05%, more than DCHYX's 5.09% yield.


TTM20252024202320222021202020192018201720162015
DCDGX
Dunham Small Cap Growth Fund
7.05%6.74%0.00%0.00%0.00%29.30%22.33%2.06%38.51%20.51%0.00%11.22%
DCHYX
Dunham High Yield Bond Fund
5.09%5.58%4.58%5.47%5.36%3.26%3.74%4.17%4.70%3.67%4.03%4.32%

Drawdowns

DCDGX vs. DCHYX - Drawdown Comparison

The maximum DCDGX drawdown since its inception was -56.02%, which is greater than DCHYX's maximum drawdown of -33.54%. Use the drawdown chart below to compare losses from any high point for DCDGX and DCHYX.


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Drawdown Indicators


DCDGXDCHYXDifference

Max Drawdown

Largest peak-to-trough decline

-56.02%

-33.54%

-22.48%

Max Drawdown (1Y)

Largest decline over 1 year

-13.76%

-3.41%

-10.35%

Max Drawdown (5Y)

Largest decline over 5 years

-48.05%

-15.01%

-33.04%

Max Drawdown (10Y)

Largest decline over 10 years

-48.05%

-18.26%

-29.79%

Current Drawdown

Current decline from peak

-16.06%

-2.01%

-14.05%

Average Drawdown

Average peak-to-trough decline

-15.03%

-3.61%

-11.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.71%

0.74%

+2.97%

Volatility

DCDGX vs. DCHYX - Volatility Comparison

Dunham Small Cap Growth Fund (DCDGX) has a higher volatility of 8.76% compared to Dunham High Yield Bond Fund (DCHYX) at 1.23%. This indicates that DCDGX's price experiences larger fluctuations and is considered to be riskier than DCHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DCDGXDCHYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.76%

1.23%

+7.53%

Volatility (6M)

Calculated over the trailing 6-month period

16.41%

1.84%

+14.57%

Volatility (1Y)

Calculated over the trailing 1-year period

25.76%

3.57%

+22.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.64%

4.75%

+20.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.65%

5.14%

+19.51%