DGDIX vs. VHYAX
Compare and contrast key facts about BNY Mellon Global Dynamic Bond Income Fund (DGDIX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX).
DGDIX is managed by Dreyfus. It was launched on Mar 24, 2011. VHYAX is managed by Vanguard. It was launched on Feb 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGDIX or VHYAX.
Correlation
The correlation between DGDIX and VHYAX is 0.19, 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.
Performance
DGDIX vs. VHYAX - Performance Comparison
Key characteristics
DGDIX:
2.34
VHYAX:
1.87
DGDIX:
3.87
VHYAX:
2.64
DGDIX:
1.46
VHYAX:
1.33
DGDIX:
0.93
VHYAX:
3.46
DGDIX:
8.89
VHYAX:
9.86
DGDIX:
0.76%
VHYAX:
2.07%
DGDIX:
2.90%
VHYAX:
10.95%
DGDIX:
-15.14%
VHYAX:
-35.14%
DGDIX:
-0.95%
VHYAX:
-1.25%
Returns By Period
In the year-to-date period, DGDIX achieves a 1.60% return, which is significantly lower than VHYAX's 4.52% return.
DGDIX
1.60%
1.12%
2.09%
6.79%
0.78%
1.94%
VHYAX
4.52%
0.98%
7.56%
18.96%
10.76%
N/A
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DGDIX vs. VHYAX - Expense Ratio Comparison
DGDIX has a 0.80% expense ratio, which is higher than VHYAX's 0.08% expense ratio.
Risk-Adjusted Performance
DGDIX vs. VHYAX — Risk-Adjusted Performance Rank
DGDIX
VHYAX
DGDIX vs. VHYAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Global Dynamic Bond Income Fund (DGDIX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX). 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
DGDIX vs. VHYAX - Dividend Comparison
DGDIX's dividend yield for the trailing twelve months is around 3.08%, more than VHYAX's 2.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGDIX BNY Mellon Global Dynamic Bond Income Fund | 3.08% | 3.13% | 0.63% | 9.35% | 1.37% | 4.43% | 4.15% | 4.49% | 0.66% | 3.59% | 2.57% | 3.39% |
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares | 2.60% | 2.72% | 3.10% | 2.98% | 2.74% | 3.16% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DGDIX vs. VHYAX - Drawdown Comparison
The maximum DGDIX drawdown since its inception was -15.14%, smaller than the maximum VHYAX drawdown of -35.14%. Use the drawdown chart below to compare losses from any high point for DGDIX and VHYAX. For additional features, visit the drawdowns tool.
Volatility
DGDIX vs. VHYAX - Volatility Comparison
The current volatility for BNY Mellon Global Dynamic Bond Income Fund (DGDIX) is 1.09%, while Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) has a volatility of 2.58%. This indicates that DGDIX experiences smaller price fluctuations and is considered to be less risky than VHYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.