DODFX vs. IVV
DODFX (Dodge & Cox International Stock Fund) and IVV (iShares Core S&P 500 ETF) are both funds - DODFX is a Foreign Large Cap Equities fund actively managed by Dodge & Cox, while IVV is a S&P 500 fund tracking the S&P 500 Index. DODFX is actively managed, while IVV is passively managed. Over the past 10 years, DODFX returned 11.25%/yr vs 15.47%/yr for IVV. A 0.73 correlation means they provide meaningful diversification when combined. DODFX charges 0.61%/yr vs 0.03%/yr for IVV.
Performance
DODFX vs. IVV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DODFX achieves a 11.48% return, which is significantly higher than IVV's 9.08% return. Over the past 10 years, DODFX has underperformed IVV with an annualized return of 11.25%, while IVV has yielded a comparatively higher 15.47% annualized return.
DODFX
- 1D
- 2.97%
- 1M
- 2.00%
- YTD
- 11.48%
- 6M
- 13.39%
- 1Y
- 27.03%
- 3Y*
- 19.81%
- 5Y*
- 10.83%
- 10Y*
- 11.25%
IVV
- 1D
- 0.55%
- 1M
- -0.85%
- YTD
- 9.08%
- 6M
- 9.43%
- 1Y
- 25.77%
- 3Y*
- 20.95%
- 5Y*
- 13.42%
- 10Y*
- 15.47%
DODFX vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DODFX Dodge & Cox International Stock Fund | 11.48% | 38.77% | 3.74% | 16.70% | -6.78% | 10.99% | 5.15% | 22.79% | -18.01% | 23.95% |
IVV iShares Core S&P 500 ETF | 9.08% | 17.85% | 24.93% | 26.31% | -18.16% | 28.76% | 18.40% | 31.07% | -4.49% | 21.75% |
Correlation
The correlation between DODFX and IVV is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2001 | 0.73 |
The correlation between DODFX and IVV has been stable across timeframes, ranging from 0.65 to 0.73 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DODFX vs. IVV — Risk / Return Rank
DODFX
IVV
DODFX vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox International Stock Fund (DODFX) and iShares Core S&P 500 ETF (IVV). 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.
| DODFX | IVV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.36 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.49 | 2.76 | -0.27 |
| Martin ratioReturn relative to average drawdown | 9.40 | 12.43 | -3.03 |
Loading charts...
Drawdowns
DODFX vs. IVV - Drawdown Comparison
The maximum DODFX drawdown since its inception was -63.23%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for DODFX and IVV.
Loading charts...
Drawdown Indicators
| DODFX | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.23% | -55.25% | -7.98% |
Max Drawdown (1Y)Largest decline over 1 year | -11.14% | -8.89% | -2.25% |
Max Drawdown (3Y)Largest decline over 3 years | -14.41% | -18.75% | +4.34% |
Max Drawdown (5Y)Largest decline over 5 years | -24.52% | -24.53% | +0.01% |
Max Drawdown (10Y)Largest decline over 10 years | -44.61% | -33.90% | -10.71% |
Current DrawdownCurrent decline from peak | -1.13% | -2.35% | +1.22% |
Average DrawdownAverage peak-to-trough decline | -11.65% | -10.77% | -0.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 1.97% | +0.97% |
Volatility
DODFX vs. IVV - Volatility Comparison
Dodge & Cox International Stock Fund (DODFX) has a higher volatility of 5.81% compared to iShares Core S&P 500 ETF (IVV) at 4.37%. This indicates that DODFX's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DODFX | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.81% | 4.37% | +1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 11.91% | 9.59% | +2.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.89% | 12.28% | +1.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.03% | 16.95% | -0.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 18.08% | +0.15% |
DODFX vs. IVV - Expense Ratio Comparison
DODFX has a 0.61% expense ratio, which is higher than IVV's 0.03% expense ratio.
Dividends
DODFX vs. IVV - Dividend Comparison
DODFX's dividend yield for the trailing twelve months is around 4.53%, more than IVV's 1.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DODFX Dodge & Cox International Stock Fund | 4.53% | 5.05% | 2.25% | 2.29% | 2.23% | 2.49% | 4.21% | 3.93% | 2.93% | 1.93% | 3.66% | 2.30% |
IVV iShares Core S&P 500 ETF | 1.08% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
Frequently Asked Questions
DODFX and IVV have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DODFX has higher volatility (5.81%) compared to IVV (4.37%). In terms of maximum drawdown, DODFX dropped -63.23% vs IVV's -55.25%.
IVV currently has the higher Sharpe Ratio (2.00 vs 1.99), 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.
Find the right allocation for DODFX and IVV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer