DODFX vs. PRWAX
DODFX (Dodge & Cox International Stock Fund) and PRWAX (T. Rowe Price All-Cap Opportunities Fund) are both mutual funds - DODFX is a Foreign Large Cap Equities fund managed by Dodge & Cox, while PRWAX is a Large Cap Growth Equities fund actively managed by T. Rowe Price. Over the past 10 years, DODFX returned 11.25%/yr vs 17.31%/yr for PRWAX. A 0.69 correlation means they provide meaningful diversification when combined. DODFX charges 0.62%/yr vs 0.76%/yr for PRWAX.
Performance
DODFX vs. PRWAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DODFX achieves a 11.48% return, which is significantly higher than PRWAX's -1.73% return. Over the past 10 years, DODFX has underperformed PRWAX with an annualized return of 11.25%, while PRWAX has yielded a comparatively higher 17.31% 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%
PRWAX
- 1D
- 2.24%
- 1M
- -1.02%
- YTD
- -1.73%
- 6M
- -1.68%
- 1Y
- 9.99%
- 3Y*
- 17.24%
- 5Y*
- 9.37%
- 10Y*
- 17.31%
DODFX vs. PRWAX - 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% |
PRWAX T. Rowe Price All-Cap Opportunities Fund | -1.73% | 16.37% | 25.24% | 29.02% | -21.37% | 20.63% | 44.73% | 35.08% | 1.26% | 34.51% |
Correlation
The correlation between DODFX and PRWAX is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2001 | 0.69 |
The correlation between DODFX and PRWAX has been stable across timeframes, ranging from 0.61 to 0.69 - 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. PRWAX — Risk / Return Rank
DODFX
PRWAX
DODFX vs. PRWAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox International Stock Fund (DODFX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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 | PRWAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.14 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.49 | 0.73 | +1.75 |
| Martin ratioReturn relative to average drawdown | 9.40 | 2.54 | +6.86 |
Loading charts...
Drawdowns
DODFX vs. PRWAX - Drawdown Comparison
The maximum DODFX drawdown since its inception was -63.23%, which is greater than PRWAX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for DODFX and PRWAX.
Loading charts...
Drawdown Indicators
| DODFX | PRWAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.23% | -55.06% | -8.17% |
Max Drawdown (1Y)Largest decline over 1 year | -11.14% | -14.09% | +2.95% |
Max Drawdown (3Y)Largest decline over 3 years | -14.41% | -19.06% | +4.65% |
Max Drawdown (5Y)Largest decline over 5 years | -24.52% | -29.38% | +4.86% |
Max Drawdown (10Y)Largest decline over 10 years | -44.61% | -30.50% | -14.11% |
Current DrawdownCurrent decline from peak | -1.13% | -3.66% | +2.53% |
Average DrawdownAverage peak-to-trough decline | -11.65% | -9.89% | -1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 4.05% | -1.11% |
Volatility
DODFX vs. PRWAX - Volatility Comparison
Dodge & Cox International Stock Fund (DODFX) has a higher volatility of 5.81% compared to T. Rowe Price All-Cap Opportunities Fund (PRWAX) at 5.15%. This indicates that DODFX's price experiences larger fluctuations and is considered to be riskier than PRWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DODFX | PRWAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.81% | 5.15% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 11.91% | 11.37% | +0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.89% | 13.90% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.03% | 17.70% | -1.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 18.76% | -0.53% |
DODFX vs. PRWAX - Expense Ratio Comparison
DODFX has a 0.62% expense ratio, which is lower than PRWAX's 0.76% expense ratio.
Dividends
DODFX vs. PRWAX - Dividend Comparison
DODFX's dividend yield for the trailing twelve months is around 4.53%, less than PRWAX's 8.50% 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% |
PRWAX T. Rowe Price All-Cap Opportunities Fund | 8.50% | 8.35% | 9.22% | 5.10% | 3.11% | 20.51% | 15.44% | 7.01% | 12.58% | 12.30% | 6.19% | 8.84% |
Frequently Asked Questions
DODFX and PRWAX have a correlation of 0.67, 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 PRWAX (5.15%). In terms of maximum drawdown, DODFX dropped -63.23% vs PRWAX's -55.06%.
DODFX currently has the higher Sharpe Ratio (1.99 vs 0.74), 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 PRWAX
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