DODIX vs. BIMIX
Compare and contrast key facts about Dodge & Cox Income Fund (DODIX) and Baird Intermediate Bond Fund Class Institutional (BIMIX).
DODIX is managed by Dodge & Cox. BIMIX is managed by Baird. It was launched on Sep 29, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DODIX or BIMIX.
Key characteristics
| DODIX | BIMIX | |
|---|---|---|
| YTD Return | -2.00% | -0.69% |
| 1Y Return | 1.52% | 1.45% |
| 3Y Return (Ann) | -1.82% | -1.41% |
| 5Y Return (Ann) | 1.45% | 1.18% |
| 10Y Return (Ann) | 2.30% | 1.71% |
| Sharpe Ratio | 0.30 | 0.44 |
| Daily Std Dev | 6.38% | 4.17% |
| Max Drawdown | -16.38% | -12.76% |
| Current Drawdown | -7.24% | -5.53% |
Correlation
The correlation between DODIX and BIMIX is 0.84, 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. BIMIX - Performance Comparison
In the year-to-date period, DODIX achieves a -2.00% return, which is significantly lower than BIMIX's -0.69% return. Over the past 10 years, DODIX has outperformed BIMIX with an annualized return of 2.30%, while BIMIX has yielded a comparatively lower 1.71% 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. BIMIX - Expense Ratio Comparison
DODIX has a 0.41% expense ratio, which is higher than BIMIX's 0.30% expense ratio.
Risk-Adjusted Performance
DODIX vs. BIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Income Fund (DODIX) and Baird Intermediate Bond Fund Class Institutional (BIMIX). 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. BIMIX - Dividend Comparison
DODIX's dividend yield for the trailing twelve months is around 4.13%, more than BIMIX's 3.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DODIX Dodge & Cox Income Fund | 4.13% | 3.86% | 2.82% | 3.23% | 4.66% | 3.63% | 3.43% | 3.03% | 3.25% | 3.09% | 4.15% | 3.07% |
BIMIX Baird Intermediate Bond Fund Class Institutional | 3.50% | 3.21% | 2.17% | 2.27% | 3.49% | 2.52% | 2.50% | 2.35% | 2.47% | 2.57% | 2.54% | 2.65% |
Drawdowns
DODIX vs. BIMIX - Drawdown Comparison
The maximum DODIX drawdown since its inception was -16.38%, which is greater than BIMIX's maximum drawdown of -12.76%. Use the drawdown chart below to compare losses from any high point for DODIX and BIMIX. For additional features, visit the drawdowns tool.
Volatility
DODIX vs. BIMIX - Volatility Comparison
Dodge & Cox Income Fund (DODIX) has a higher volatility of 2.05% compared to Baird Intermediate Bond Fund Class Institutional (BIMIX) at 1.23%. This indicates that DODIX's price experiences larger fluctuations and is considered to be riskier than BIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.