DODLX vs. FXAIX
Compare and contrast key facts about Dodge & Cox Global Bond Fund (DODLX) and Fidelity 500 Index Fund (FXAIX).
DODLX is managed by Dodge & Cox. It was launched on Apr 30, 2014. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DODLX or FXAIX.
Key characteristics
| DODLX | FXAIX | |
|---|---|---|
| YTD Return | -1.25% | 10.00% |
| 1Y Return | 6.25% | 28.56% |
| 3Y Return (Ann) | 0.63% | 9.46% |
| 5Y Return (Ann) | 3.81% | 14.78% |
| 10Y Return (Ann) | 2.92% | 12.92% |
| Sharpe Ratio | 1.02 | 2.45 |
| Daily Std Dev | 5.95% | 11.59% |
| Max Drawdown | -16.30% | -33.79% |
| Current Drawdown | -1.52% | -0.50% |
Correlation
The correlation between DODLX and FXAIX is 0.36, 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.
Performance
DODLX vs. FXAIX - Performance Comparison
In the year-to-date period, DODLX achieves a -1.25% return, which is significantly lower than FXAIX's 10.00% return. Over the past 10 years, DODLX has underperformed FXAIX with an annualized return of 2.92%, while FXAIX has yielded a comparatively higher 12.92% 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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DODLX vs. FXAIX - Expense Ratio Comparison
DODLX has a 0.45% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
DODLX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Global Bond Fund (DODLX) and Fidelity 500 Index Fund (FXAIX). 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
DODLX vs. FXAIX - Dividend Comparison
DODLX's dividend yield for the trailing twelve months is around 3.60%, more than FXAIX's 1.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DODLX Dodge & Cox Global Bond Fund | 3.60% | 3.31% | 5.05% | 3.86% | 2.66% | 3.40% | 5.19% | 2.45% | 1.69% | 0.00% | 1.40% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.33% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
DODLX vs. FXAIX - Drawdown Comparison
The maximum DODLX drawdown since its inception was -16.30%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for DODLX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
DODLX vs. FXAIX - Volatility Comparison
The current volatility for Dodge & Cox Global Bond Fund (DODLX) is 1.89%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.61%. This indicates that DODLX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.