DODLX vs. DODEX
Compare and contrast key facts about Dodge & Cox Global Bond Fund (DODLX) and Dodge & Cox Emerging Markets Stock Fund (DODEX).
DODLX is managed by Dodge & Cox. It was launched on Apr 30, 2014. DODEX is managed by Dodge & Cox. It was launched on May 10, 2021.
Performance
DODLX vs. DODEX - Performance Comparison
Loading graphics...
DODLX vs. DODEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DODLX Dodge & Cox Global Bond Fund | -0.21% | 11.51% | 0.55% | 12.30% | -8.21% | 0.17% |
DODEX Dodge & Cox Emerging Markets Stock Fund | 5.97% | 38.64% | 7.47% | 13.37% | -14.91% | -9.57% |
Returns By Period
In the year-to-date period, DODLX achieves a -0.21% return, which is significantly lower than DODEX's 5.97% return.
DODLX
- 1D
- 0.45%
- 1M
- -2.29%
- YTD
- -0.21%
- 6M
- 0.57%
- 1Y
- 6.83%
- 3Y*
- 6.69%
- 5Y*
- 3.17%
- 10Y*
- 4.88%
DODEX
- 1D
- 2.05%
- 1M
- -7.66%
- YTD
- 5.97%
- 6M
- 10.10%
- 1Y
- 37.89%
- 3Y*
- 19.31%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DODLX vs. DODEX - Expense Ratio Comparison
DODLX has a 0.45% expense ratio, which is lower than DODEX's 0.70% expense ratio.
Return for Risk
DODLX vs. DODEX — Risk / Return Rank
DODLX
DODEX
DODLX vs. DODEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Global Bond Fund (DODLX) and Dodge & Cox Emerging Markets Stock Fund (DODEX). 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.
| DODLX | DODEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.63 | 2.52 | -0.90 |
Sortino ratioReturn per unit of downside risk | 2.31 | 3.12 | -0.80 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.49 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 2.02 | 3.21 | -1.18 |
Martin ratioReturn relative to average drawdown | 8.00 | 12.57 | -4.57 |
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
| DODLX | DODEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.63 | 2.52 | -0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.41 | +0.37 |
Correlation
The correlation between DODLX and DODEX is 0.38, 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
DODLX vs. DODEX - Dividend Comparison
DODLX's dividend yield for the trailing twelve months is around 4.09%, more than DODEX's 2.67% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
DODLX Dodge & Cox Global Bond Fund | 4.09% | 4.07% | 4.73% | 3.31% | 5.05% | 3.86% | 2.66% | 3.40% | 5.19% | 2.45% | 1.69% |
DODEX Dodge & Cox Emerging Markets Stock Fund | 2.67% | 2.83% | 1.94% | 1.92% | 1.93% | 1.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DODLX vs. DODEX - Drawdown Comparison
The maximum DODLX drawdown since its inception was -16.30%, smaller than the maximum DODEX drawdown of -37.01%. Use the drawdown chart below to compare losses from any high point for DODLX and DODEX.
Loading graphics...
Drawdown Indicators
| DODLX | DODEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.30% | -37.01% | +20.71% |
Max Drawdown (1Y)Largest decline over 1 year | -3.67% | -11.87% | +8.20% |
Max Drawdown (5Y)Largest decline over 5 years | -16.30% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -16.30% | — | — |
Current DrawdownCurrent decline from peak | -2.88% | -9.14% | +6.26% |
Average DrawdownAverage peak-to-trough decline | -3.06% | -13.19% | +10.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 3.03% | -2.10% |
Volatility
DODLX vs. DODEX - Volatility Comparison
The current volatility for Dodge & Cox Global Bond Fund (DODLX) is 2.02%, while Dodge & Cox Emerging Markets Stock Fund (DODEX) has a volatility of 7.57%. This indicates that DODLX experiences smaller price fluctuations and is considered to be less risky than DODEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DODLX | DODEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.02% | 7.57% | -5.55% |
Volatility (6M)Calculated over the trailing 6-month period | 2.79% | 11.11% | -8.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.46% | 15.66% | -11.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.17% | 16.74% | -11.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.77% | 16.74% | -11.97% |