DODLX vs. VEMBX
Compare and contrast key facts about Dodge & Cox Global Bond Fund (DODLX) and Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX).
DODLX is managed by Dodge & Cox. It was launched on Apr 30, 2014. VEMBX is managed by Vanguard. It was launched on Mar 10, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DODLX or VEMBX.
Key characteristics
| DODLX | VEMBX | |
|---|---|---|
| YTD Return | -0.97% | 1.96% |
| 1Y Return | 6.55% | 13.20% |
| 3Y Return (Ann) | 0.72% | 0.17% |
| 5Y Return (Ann) | 3.86% | 4.23% |
| Sharpe Ratio | 1.10 | 2.07 |
| Daily Std Dev | 5.94% | 6.13% |
| Max Drawdown | -16.30% | -24.36% |
| Current Drawdown | -1.24% | -2.11% |
Correlation
The correlation between DODLX and VEMBX is 0.72, 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
DODLX vs. VEMBX - Performance Comparison
In the year-to-date period, DODLX achieves a -0.97% return, which is significantly lower than VEMBX's 1.96% 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. VEMBX - Expense Ratio Comparison
DODLX has a 0.45% expense ratio, which is lower than VEMBX's 0.55% expense ratio.
Risk-Adjusted Performance
DODLX vs. VEMBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Global Bond Fund (DODLX) and Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX). 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. VEMBX - Dividend Comparison
DODLX's dividend yield for the trailing twelve months is around 3.59%, less than VEMBX's 7.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
DODLX Dodge & Cox Global Bond Fund | 3.59% | 3.31% | 5.05% | 3.86% | 2.66% | 3.40% | 5.19% | 2.45% | 1.69% | 0.00% | 1.40% |
VEMBX Vanguard Emerging Markets Bond Fund Investor Shares | 7.05% | 7.06% | 5.43% | 5.19% | 4.50% | 6.27% | 4.81% | 6.50% | 8.85% | 0.00% | 0.00% |
Drawdowns
DODLX vs. VEMBX - Drawdown Comparison
The maximum DODLX drawdown since its inception was -16.30%, smaller than the maximum VEMBX drawdown of -24.36%. Use the drawdown chart below to compare losses from any high point for DODLX and VEMBX. For additional features, visit the drawdowns tool.
Volatility
DODLX vs. VEMBX - Volatility Comparison
Dodge & Cox Global Bond Fund (DODLX) has a higher volatility of 1.75% compared to Vanguard Emerging Markets Bond Fund Investor Shares (VEMBX) at 1.60%. This indicates that DODLX's price experiences larger fluctuations and is considered to be riskier than VEMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.