DODIX vs. FXNAX
Compare and contrast key facts about Dodge & Cox Income Fund (DODIX) and Fidelity U.S. Bond Index Fund (FXNAX).
DODIX is managed by Dodge & Cox. FXNAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DODIX or FXNAX.
Key characteristics
DODIX | FXNAX | |
---|---|---|
YTD Return | -2.41% | -2.89% |
1Y Return | 1.51% | -1.41% |
3Y Return (Ann) | -1.95% | -3.51% |
5Y Return (Ann) | 1.37% | -0.13% |
10Y Return (Ann) | 2.25% | 1.16% |
Sharpe Ratio | 0.34 | -0.24 |
Daily Std Dev | 6.39% | 6.70% |
Max Drawdown | -16.38% | -18.64% |
Current Drawdown | -7.61% | -13.01% |
Correlation
The correlation between DODIX and FXNAX is 0.88, 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. FXNAX - Performance Comparison
In the year-to-date period, DODIX achieves a -2.41% return, which is significantly higher than FXNAX's -2.89% return. Over the past 10 years, DODIX has outperformed FXNAX with an annualized return of 2.25%, while FXNAX 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. FXNAX - Expense Ratio Comparison
DODIX has a 0.41% expense ratio, which is higher than FXNAX's 0.03% expense ratio.
Risk-Adjusted Performance
DODIX vs. FXNAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Income Fund (DODIX) and Fidelity U.S. Bond Index Fund (FXNAX). 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. FXNAX - Dividend Comparison
DODIX's dividend yield for the trailing twelve months is around 4.15%, more than FXNAX's 2.91% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dodge & Cox Income Fund | 4.15% | 3.86% | 2.82% | 3.23% | 4.66% | 3.63% | 3.43% | 3.03% | 3.25% | 3.09% | 4.15% | 3.07% |
Fidelity U.S. Bond Index Fund | 2.91% | 2.91% | 2.43% | 2.06% | 3.07% | 2.67% | 2.73% | 2.58% | 2.54% | 2.75% | 2.59% | 2.39% |
Drawdowns
DODIX vs. FXNAX - Drawdown Comparison
The maximum DODIX drawdown since its inception was -16.38%, smaller than the maximum FXNAX drawdown of -18.64%. Use the drawdown chart below to compare losses from any high point for DODIX and FXNAX. For additional features, visit the drawdowns tool.
Volatility
DODIX vs. FXNAX - Volatility Comparison
Dodge & Cox Income Fund (DODIX) has a higher volatility of 2.00% compared to Fidelity U.S. Bond Index Fund (FXNAX) at 1.78%. This indicates that DODIX's price experiences larger fluctuations and is considered to be riskier than FXNAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.