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DNLAX vs. MPBFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

DNLAX vs. MPBFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Natural Resources Fund Class A (DNLAX) and BNY Mellon Bond Fund (MPBFX). The values are adjusted to include any dividend payments, if applicable.

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DNLAX vs. MPBFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
DNLAX
BNY Mellon Natural Resources Fund Class A
22.63%14.75%0.86%1.33%33.83%38.00%6.30%16.33%-17.78%13.69%
MPBFX
BNY Mellon Bond Fund
-0.45%7.20%1.08%5.48%-13.55%-1.50%7.87%8.82%-0.53%3.91%

Returns By Period

In the year-to-date period, DNLAX achieves a 22.63% return, which is significantly higher than MPBFX's -0.45% return. Over the past 10 years, DNLAX has outperformed MPBFX with an annualized return of 14.07%, while MPBFX has yielded a comparatively lower 1.59% annualized return.


DNLAX

1D
-0.55%
1M
-1.40%
YTD
22.63%
6M
31.46%
1Y
47.26%
3Y*
13.86%
5Y*
18.10%
10Y*
14.07%

MPBFX

1D
0.46%
1M
-2.14%
YTD
-0.45%
6M
0.48%
1Y
3.85%
3Y*
3.30%
5Y*
-0.07%
10Y*
1.59%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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DNLAX vs. MPBFX - Expense Ratio Comparison

DNLAX has a 1.14% expense ratio, which is higher than MPBFX's 0.55% expense ratio.


Return for Risk

DNLAX vs. MPBFX — Risk / Return Rank

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

DNLAX
DNLAX Risk / Return Rank: 8686
Overall Rank
DNLAX Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
DNLAX Sortino Ratio Rank: 8585
Sortino Ratio Rank
DNLAX Omega Ratio Rank: 8686
Omega Ratio Rank
DNLAX Calmar Ratio Rank: 8484
Calmar Ratio Rank
DNLAX Martin Ratio Rank: 8888
Martin Ratio Rank

MPBFX
MPBFX Risk / Return Rank: 5353
Overall Rank
MPBFX Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
MPBFX Sortino Ratio Rank: 4747
Sortino Ratio Rank
MPBFX Omega Ratio Rank: 3535
Omega Ratio Rank
MPBFX Calmar Ratio Rank: 7777
Calmar Ratio Rank
MPBFX Martin Ratio Rank: 5353
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.

DNLAX vs. MPBFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Natural Resources Fund Class A (DNLAX) and BNY Mellon Bond Fund (MPBFX). 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.


DNLAXMPBFXDifference

Sharpe ratio

Return per unit of total volatility

1.78

0.95

+0.83

Sortino ratio

Return per unit of downside risk

2.24

1.37

+0.87

Omega ratio

Gain probability vs. loss probability

1.36

1.17

+0.19

Calmar ratio

Return relative to maximum drawdown

2.10

1.80

+0.30

Martin ratio

Return relative to average drawdown

9.54

5.19

+4.35

DNLAX vs. MPBFX - Sharpe Ratio Comparison

The current DNLAX Sharpe Ratio is 1.78, which is higher than the MPBFX Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of DNLAX and MPBFX, 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


DNLAXMPBFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.78

0.95

+0.83

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.70

-0.01

+0.71

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

0.33

+0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

0.84

-0.47

Correlation

The correlation between DNLAX and MPBFX is -0.13. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

DNLAX vs. MPBFX - Dividend Comparison

DNLAX's dividend yield for the trailing twelve months is around 1.79%, less than MPBFX's 3.53% yield.


TTM20252024202320222021202020192018201720162015
DNLAX
BNY Mellon Natural Resources Fund Class A
1.79%2.19%7.75%12.54%9.80%5.04%0.91%1.95%1.53%0.40%1.26%0.98%
MPBFX
BNY Mellon Bond Fund
3.53%3.82%3.70%3.17%2.86%2.33%4.64%2.87%3.00%2.89%3.12%2.77%

Drawdowns

DNLAX vs. MPBFX - Drawdown Comparison

The maximum DNLAX drawdown since its inception was -69.14%, which is greater than MPBFX's maximum drawdown of -18.40%. Use the drawdown chart below to compare losses from any high point for DNLAX and MPBFX.


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Drawdown Indicators


DNLAXMPBFXDifference

Max Drawdown

Largest peak-to-trough decline

-69.14%

-18.40%

-50.74%

Max Drawdown (1Y)

Largest decline over 1 year

-20.87%

-2.58%

-18.29%

Max Drawdown (5Y)

Largest decline over 5 years

-32.37%

-18.40%

-13.97%

Max Drawdown (10Y)

Largest decline over 10 years

-54.45%

-18.40%

-36.05%

Current Drawdown

Current decline from peak

-2.30%

-3.18%

+0.88%

Average Drawdown

Average peak-to-trough decline

-21.71%

-2.40%

-19.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.59%

0.90%

+3.69%

Volatility

DNLAX vs. MPBFX - Volatility Comparison

BNY Mellon Natural Resources Fund Class A (DNLAX) has a higher volatility of 6.09% compared to BNY Mellon Bond Fund (MPBFX) at 1.60%. This indicates that DNLAX's price experiences larger fluctuations and is considered to be riskier than MPBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DNLAXMPBFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.09%

1.60%

+4.49%

Volatility (6M)

Calculated over the trailing 6-month period

15.21%

2.50%

+12.71%

Volatility (1Y)

Calculated over the trailing 1-year period

26.61%

4.21%

+22.40%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.94%

5.83%

+20.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.58%

4.82%

+20.76%