DODIX vs. AGG
Compare and contrast key facts about Dodge & Cox Income Fund (DODIX) and iShares Core U.S. Aggregate Bond ETF (AGG).
DODIX is managed by Dodge & Cox. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DODIX or AGG.
Key characteristics
| DODIX | AGG | |
|---|---|---|
| YTD Return | -2.81% | -3.19% |
| 1Y Return | 1.74% | -0.47% |
| 3Y Return (Ann) | -2.09% | -3.54% |
| 5Y Return (Ann) | 1.32% | -0.14% |
| 10Y Return (Ann) | 2.14% | 1.16% |
| Sharpe Ratio | 0.14 | -0.22 |
| Daily Std Dev | 6.43% | 6.90% |
| Max Drawdown | -16.38% | -18.43% |
| Current Drawdown | -7.99% | -12.98% |
Correlation
The correlation between DODIX and AGG is 0.81, 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.
Performance
DODIX vs. AGG - Performance Comparison
In the year-to-date period, DODIX achieves a -2.81% return, which is significantly higher than AGG's -3.19% return. Over the past 10 years, DODIX has outperformed AGG with an annualized return of 2.14%, while AGG has yielded a comparatively lower 1.16% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DODIX vs. AGG - Expense Ratio Comparison
DODIX has a 0.41% expense ratio, which is higher than AGG's 0.05% expense ratio.
Risk-Adjusted Performance
DODIX vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Income Fund (DODIX) and iShares Core U.S. Aggregate Bond ETF (AGG). 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.
Dividends
DODIX vs. AGG - Dividend Comparison
DODIX's dividend yield for the trailing twelve months is around 4.17%, more than AGG's 3.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DODIX Dodge & Cox Income Fund | 4.17% | 3.86% | 2.82% | 3.23% | 4.66% | 3.63% | 3.43% | 3.03% | 3.25% | 3.09% | 3.52% | 3.07% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.15% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
DODIX vs. AGG - Drawdown Comparison
The maximum DODIX drawdown since its inception was -16.38%, smaller than the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for DODIX and AGG. For additional features, visit the drawdowns tool.
Volatility
DODIX vs. AGG - Volatility Comparison
Dodge & Cox Income Fund (DODIX) has a higher volatility of 1.94% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.78%. This indicates that DODIX's price experiences larger fluctuations and is considered to be riskier than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.