DIBRX vs. FGBRX
DIBRX (BNY Mellon International Bond Fund) and FGBRX (Templeton Global Bond Fund - Class R) are both Global Bonds funds. Over the past 10 years, DIBRX returned -0.44%/yr vs -0.10%/yr for FGBRX. Their 0.28 correlation means their historical movements had little consistent relationship. DIBRX charges 0.73%/yr vs 1.24%/yr for FGBRX.
Performance
DIBRX vs. FGBRX - Performance Comparison
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Returns By Period
In the year-to-date period, DIBRX achieves a -1.07% return, which is significantly lower than FGBRX's 3.37% return. Over the past 10 years, DIBRX has underperformed FGBRX with an annualized return of -0.44%, while FGBRX has yielded a comparatively higher -0.10% annualized return.
DIBRX
- 1D
- 0.35%
- 1M
- 0.43%
- 6M
- -1.68%
- YTD
- -1.07%
- 1Y
- -0.66%
- 3Y*
- 2.95%
- 5Y*
- -2.59%
- 10Y*
- -0.44%
- ALL TIME*
- 3.05%
FGBRX
- 1D
- 0.42%
- 1M
- 1.73%
- 6M
- 0.27%
- YTD
- 3.37%
- 1Y
- 6.17%
- 3Y*
- 2.43%
- 5Y*
- -0.51%
- 10Y*
- -0.10%
- ALL TIME*
- 1.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
DIBRX vs. FGBRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DIBRX BNY Mellon International Bond Fund | -1.07% | 8.51% | -3.14% | 5.70% | -16.81% | -6.80% | 8.38% | 5.16% | -5.80% | 12.58% |
FGBRX Templeton Global Bond Fund - Class R | 3.37% | 14.81% | -12.18% | 2.18% | -6.40% | -5.30% | -4.65% | 0.38% | 1.01% | 2.10% |
Correlation
The correlation between DIBRX and FGBRX is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.85 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2009 | 0.28 |
Over the past year, DIBRX and FGBRX have become more correlated (0.85) than their long-term average of 0.28, meaning their price movements have been converging.
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Return for Risk
DIBRX vs. FGBRX — Risk / Return Rank
DIBRX
FGBRX
DIBRX vs. FGBRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Bond Fund (DIBRX) and Templeton Global Bond Fund - Class R (FGBRX). 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.
| DIBRX | FGBRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.17 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 1.04 | -1.11 |
| Martin ratioReturn relative to average drawdown | -0.14 | 2.94 | -3.09 |
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Drawdowns
DIBRX vs. FGBRX - Drawdown Comparison
The maximum DIBRX drawdown since its inception was -30.62%, which is greater than FGBRX's maximum drawdown of -27.46%. Use the drawdown chart below to compare losses from any high point for DIBRX and FGBRX.
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Drawdown Indicators
| DIBRX | FGBRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.62% | -27.46% | -3.16% |
Max Drawdown (1Y)Largest decline over 1 year | -5.21% | -6.38% | +1.17% |
Max Drawdown (3Y)Largest decline over 3 years | -8.76% | -13.09% | +4.33% |
Max Drawdown (5Y)Largest decline over 5 years | -27.90% | -18.54% | -9.36% |
Max Drawdown (10Y)Largest decline over 10 years | -30.62% | -27.46% | -3.16% |
Current DrawdownCurrent decline from peak | -15.40% | -13.38% | -2.02% |
Average DrawdownAverage peak-to-trough decline | -7.27% | -8.42% | +1.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.46% | 2.26% | +0.20% |
Volatility
DIBRX vs. FGBRX - Volatility Comparison
The current volatility for BNY Mellon International Bond Fund (DIBRX) is 1.54%, while Templeton Global Bond Fund - Class R (FGBRX) has a volatility of 1.92%. This indicates that DIBRX experiences smaller price fluctuations and is considered to be less risky than FGBRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DIBRX | FGBRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 1.92% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 4.85% | 6.01% | -1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.29% | 7.25% | -0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.45% | 8.19% | -0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.08% | 7.15% | -0.07% |
DIBRX vs. FGBRX - Expense Ratio Comparison
DIBRX has a 0.73% expense ratio, which is lower than FGBRX's 1.24% expense ratio.
Dividends
DIBRX vs. FGBRX - Dividend Comparison
DIBRX's dividend yield for the trailing twelve months is around 3.81%, less than FGBRX's 4.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIBRX BNY Mellon International Bond Fund | 3.81% | 2.48% | 2.34% | 0.00% | 0.58% | 1.90% | 2.16% | 0.00% | 3.64% | 3.81% | 0.61% | 5.14% |
FGBRX Templeton Global Bond Fund - Class R | 4.72% | 4.10% | 5.49% | 3.61% | 4.92% | 5.11% | 4.34% | 5.86% | 6.27% | 3.08% | 2.10% | 2.85% |
Frequently Asked Questions
DIBRX and FGBRX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FGBRX has higher volatility (1.92%) compared to DIBRX (1.54%). In terms of maximum drawdown, DIBRX dropped -30.62% vs FGBRX's -27.46%.
FGBRX currently has the higher Sharpe Ratio (0.92 vs -0.06), 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.
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