DODBX vs. FFNOX
Compare and contrast key facts about Dodge & Cox Balanced Fund (DODBX) and Fidelity Multi-Asset Index Fund (FFNOX).
DODBX is managed by Dodge & Cox. It was launched on Jun 25, 1931. FFNOX is managed by Fidelity. It was launched on Jun 29, 1999.
Performance
DODBX vs. FFNOX - Performance Comparison
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DODBX vs. FFNOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DODBX Dodge & Cox Balanced Fund | 0.09% | 14.44% | 8.76% | 13.77% | -7.30% | 19.21% | 7.93% | 19.64% | -4.66% | 11.51% |
FFNOX Fidelity Multi-Asset Index Fund | -0.51% | 20.18% | 13.05% | 19.29% | -18.02% | 17.05% | 16.30% | 25.09% | -6.58% | 17.09% |
Returns By Period
In the year-to-date period, DODBX achieves a 0.09% return, which is significantly higher than FFNOX's -0.51% return. Over the past 10 years, DODBX has underperformed FFNOX with an annualized return of 9.52%, while FFNOX has yielded a comparatively higher 10.29% annualized return.
DODBX
- 1D
- 0.38%
- 1M
- -2.37%
- YTD
- 0.09%
- 6M
- 1.18%
- 1Y
- 10.96%
- 3Y*
- 11.23%
- 5Y*
- 7.18%
- 10Y*
- 9.52%
FFNOX
- 1D
- -0.06%
- 1M
- -3.32%
- YTD
- -0.51%
- 6M
- 1.27%
- 1Y
- 22.54%
- 3Y*
- 14.58%
- 5Y*
- 7.99%
- 10Y*
- 10.29%
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DODBX vs. FFNOX - Expense Ratio Comparison
DODBX has a 0.52% expense ratio, which is higher than FFNOX's 0.11% expense ratio.
Return for Risk
DODBX vs. FFNOX — Risk / Return Rank
DODBX
FFNOX
DODBX vs. FFNOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Balanced Fund (DODBX) and Fidelity Multi-Asset Index Fund (FFNOX). 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.
| DODBX | FFNOX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 1.27 | -0.37 |
Sortino ratioReturn per unit of downside risk | 1.28 | 1.84 | -0.56 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.27 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.19 | 1.84 | -0.65 |
Martin ratioReturn relative to average drawdown | 4.80 | 8.14 | -3.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DODBX | FFNOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 1.27 | -0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.59 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.71 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.41 | +0.32 |
Correlation
The correlation between DODBX and FFNOX is 0.90, 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.
Dividends
DODBX vs. FFNOX - Dividend Comparison
DODBX's dividend yield for the trailing twelve months is around 7.22%, more than FFNOX's 3.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DODBX Dodge & Cox Balanced Fund | 7.22% | 7.53% | 8.21% | 4.64% | 8.67% | 10.62% | 6.92% | 9.35% | 9.57% | 7.53% | 5.59% | 5.44% |
FFNOX Fidelity Multi-Asset Index Fund | 3.70% | 3.68% | 6.43% | 3.18% | 7.14% | 5.71% | 2.87% | 2.96% | 2.90% | 0.64% | 2.50% | 0.70% |
Drawdowns
DODBX vs. FFNOX - Drawdown Comparison
The maximum DODBX drawdown since its inception was -50.20%, roughly equal to the maximum FFNOX drawdown of -49.84%. Use the drawdown chart below to compare losses from any high point for DODBX and FFNOX.
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Drawdown Indicators
| DODBX | FFNOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.20% | -49.84% | -0.36% |
Max Drawdown (1Y)Largest decline over 1 year | -5.72% | -8.60% | +2.88% |
Max Drawdown (5Y)Largest decline over 5 years | -17.74% | -26.04% | +8.30% |
Max Drawdown (10Y)Largest decline over 10 years | -31.29% | -29.93% | -1.36% |
Current DrawdownCurrent decline from peak | -3.70% | -5.50% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -4.69% | -8.75% | +4.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.91% | 2.35% | -0.44% |
Volatility
DODBX vs. FFNOX - Volatility Comparison
The current volatility for Dodge & Cox Balanced Fund (DODBX) is 2.89%, while Fidelity Multi-Asset Index Fund (FFNOX) has a volatility of 5.45%. This indicates that DODBX experiences smaller price fluctuations and is considered to be less risky than FFNOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DODBX | FFNOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.89% | 5.45% | -2.56% |
Volatility (6M)Calculated over the trailing 6-month period | 5.56% | 8.73% | -3.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.80% | 14.68% | -4.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.81% | 13.68% | -2.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.26% | 14.52% | -1.26% |