DGFAX vs. NYVTX
Compare and contrast key facts about Davis Global Fund (DGFAX) and Davis New York Venture Fund (NYVTX).
DGFAX is managed by Davis Funds. It was launched on Dec 21, 2004. NYVTX is managed by Davis Funds. It was launched on Feb 17, 1969.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGFAX or NYVTX.
Correlation
The correlation between DGFAX and NYVTX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DGFAX vs. NYVTX - Performance Comparison
Key characteristics
DGFAX:
0.85
NYVTX:
-0.04
DGFAX:
1.14
NYVTX:
0.07
DGFAX:
1.19
NYVTX:
1.01
DGFAX:
0.63
NYVTX:
-0.02
DGFAX:
2.30
NYVTX:
-0.10
DGFAX:
7.32%
NYVTX:
6.95%
DGFAX:
19.78%
NYVTX:
19.01%
DGFAX:
-65.84%
NYVTX:
-58.56%
DGFAX:
-15.16%
NYVTX:
-30.85%
Returns By Period
In the year-to-date period, DGFAX achieves a 7.83% return, which is significantly higher than NYVTX's 6.89% return. Over the past 10 years, DGFAX has outperformed NYVTX with an annualized return of 4.86%, while NYVTX has yielded a comparatively lower -2.45% annualized return.
DGFAX
7.83%
4.83%
3.83%
14.16%
4.40%
4.86%
NYVTX
6.89%
1.37%
-2.18%
-2.64%
-0.29%
-2.45%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DGFAX vs. NYVTX - Expense Ratio Comparison
DGFAX has a 0.96% expense ratio, which is higher than NYVTX's 0.89% expense ratio.
Risk-Adjusted Performance
DGFAX vs. NYVTX — Risk-Adjusted Performance Rank
DGFAX
NYVTX
DGFAX vs. NYVTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Davis Global Fund (DGFAX) and Davis New York Venture Fund (NYVTX). 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
DGFAX vs. NYVTX - Dividend Comparison
DGFAX's dividend yield for the trailing twelve months is around 1.13%, less than NYVTX's 1.74% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGFAX Davis Global Fund | 1.13% | 1.21% | 1.08% | 0.00% | 1.00% | 0.00% | 1.88% | 0.28% | 0.00% | 0.00% | 0.00% | 0.11% |
NYVTX Davis New York Venture Fund | 1.74% | 1.86% | 0.88% | 1.67% | 0.17% | 0.52% | 1.51% | 0.71% | 0.26% | 0.79% | 0.96% | 0.51% |
Drawdowns
DGFAX vs. NYVTX - Drawdown Comparison
The maximum DGFAX drawdown since its inception was -65.84%, which is greater than NYVTX's maximum drawdown of -58.56%. Use the drawdown chart below to compare losses from any high point for DGFAX and NYVTX. For additional features, visit the drawdowns tool.
Volatility
DGFAX vs. NYVTX - Volatility Comparison
Davis Global Fund (DGFAX) has a higher volatility of 3.72% compared to Davis New York Venture Fund (NYVTX) at 3.05%. This indicates that DGFAX's price experiences larger fluctuations and is considered to be riskier than NYVTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.