DODIX vs. FCNVX
Compare and contrast key facts about Dodge & Cox Income Fund (DODIX) and Fidelity Conservative Income Bond Institutional Class (FCNVX).
DODIX is managed by Dodge & Cox. FCNVX is managed by Fidelity. It was launched on Mar 3, 2011.
Performance
DODIX vs. FCNVX - Performance Comparison
Loading graphics...
DODIX vs. FCNVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DODIX Dodge & Cox Income Fund | 0.04% | 8.32% | 2.25% | 7.69% | -11.42% | -0.92% | 9.46% | 9.73% | -0.31% | 4.36% |
FCNVX Fidelity Conservative Income Bond Institutional Class | 0.52% | 4.51% | 5.43% | 5.86% | 0.85% | -0.06% | 1.10% | 3.00% | 1.82% | 1.42% |
Returns By Period
In the year-to-date period, DODIX achieves a 0.04% return, which is significantly lower than FCNVX's 0.52% return. Over the past 10 years, DODIX has outperformed FCNVX with an annualized return of 3.05%, while FCNVX has yielded a comparatively lower 2.51% annualized return.
DODIX
- 1D
- 0.24%
- 1M
- -1.57%
- YTD
- 0.04%
- 6M
- 1.01%
- 1Y
- 4.93%
- 3Y*
- 4.98%
- 5Y*
- 1.39%
- 10Y*
- 3.05%
FCNVX
- 1D
- 0.00%
- 1M
- -0.10%
- YTD
- 0.52%
- 6M
- 1.54%
- 1Y
- 3.88%
- 3Y*
- 5.02%
- 5Y*
- 3.41%
- 10Y*
- 2.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DODIX vs. FCNVX - Expense Ratio Comparison
DODIX has a 0.41% expense ratio, which is higher than FCNVX's 0.25% expense ratio.
Return for Risk
DODIX vs. FCNVX — Risk / Return Rank
DODIX
FCNVX
DODIX vs. FCNVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Income Fund (DODIX) and Fidelity Conservative Income Bond Institutional Class (FCNVX). 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.
| DODIX | FCNVX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 3.18 | -2.01 |
Sortino ratioReturn per unit of downside risk | 1.67 | 14.52 | -12.84 |
Omega ratioGain probability vs. loss probability | 1.21 | 6.34 | -5.13 |
Calmar ratioReturn relative to maximum drawdown | 1.88 | 21.58 | -19.70 |
Martin ratioReturn relative to average drawdown | 5.55 | 84.59 | -79.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DODIX | FCNVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 3.18 | -2.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 2.69 | -2.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 2.44 | -1.75 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.48 | 2.17 | -0.69 |
Correlation
The correlation between DODIX and FCNVX is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
DODIX vs. FCNVX - Dividend Comparison
DODIX's dividend yield for the trailing twelve months is around 4.28%, more than FCNVX's 3.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DODIX Dodge & Cox Income Fund | 4.28% | 4.23% | 4.24% | 3.86% | 2.19% | 3.23% | 4.66% | 3.63% | 3.43% | 3.03% | 3.25% | 3.09% |
FCNVX Fidelity Conservative Income Bond Institutional Class | 3.91% | 4.41% | 5.17% | 4.97% | 1.24% | 0.24% | 0.99% | 2.45% | 2.21% | 1.30% | 1.01% | 0.48% |
Drawdowns
DODIX vs. FCNVX - Drawdown Comparison
The maximum DODIX drawdown since its inception was -16.89%, which is greater than FCNVX's maximum drawdown of -2.19%. Use the drawdown chart below to compare losses from any high point for DODIX and FCNVX.
Loading graphics...
Drawdown Indicators
| DODIX | FCNVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.89% | -2.19% | -14.70% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | -0.20% | -2.74% |
Max Drawdown (5Y)Largest decline over 5 years | -16.89% | -0.59% | -16.30% |
Max Drawdown (10Y)Largest decline over 10 years | -16.89% | -2.19% | -14.70% |
Current DrawdownCurrent decline from peak | -2.09% | -0.10% | -1.99% |
Average DrawdownAverage peak-to-trough decline | -1.50% | -0.05% | -1.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 0.05% | +0.94% |
Volatility
DODIX vs. FCNVX - Volatility Comparison
Dodge & Cox Income Fund (DODIX) has a higher volatility of 1.82% compared to Fidelity Conservative Income Bond Institutional Class (FCNVX) at 0.10%. This indicates that DODIX's price experiences larger fluctuations and is considered to be riskier than FCNVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DODIX | FCNVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 0.10% | +1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 2.80% | 0.81% | +1.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.60% | 1.28% | +3.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.52% | 1.27% | +4.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.42% | 1.03% | +3.39% |