DODWX vs. TBGVX

Last updated Aug 4, 2026

DODWX (Dodge & Cox Global Stock Fund Class I) and TBGVX (Tweedy, Browne International Value Fund) are both mutual funds - DODWX is a Global Equities fund tracking the MSCI All Country World Index, while TBGVX is a Foreign Large Cap Equities fund managed by Tweedy, Browne. Over the past 10 years, DODWX returned 12.26%/yr vs 8.23%/yr for TBGVX. Their 0.77 correlation means they have sometimes moved together and sometimes differently. DODWX charges 0.62%/yr vs 1.40%/yr for TBGVX.

Performance

DODWX vs. TBGVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dodge & Cox Global Stock Fund Class I (DODWX) and Tweedy, Browne International Value Fund (TBGVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DODWX achieves a 12.71% return, which is significantly lower than TBGVX's 13.38% return. Over the past 10 years, DODWX has outperformed TBGVX with an annualized return of 12.26%, while TBGVX has yielded a comparatively lower 8.23% annualized return.

DODWX

• 1D: 0.73%
• 1M: 1.95%
• 6M: 8.13%
• YTD: 12.71%
• 1Y: 25.99%
• 3Y*: 15.06%
• 5Y*: 11.24%
• 10Y*: 12.26%
• ALL TIME*: 8.16%

TBGVX

• 1D: -0.84%
• 1M: 1.08%
• 6M: 8.23%
• YTD: 13.38%
• 1Y: 23.38%
• 3Y*: 13.55%
• 5Y*: 9.04%
• 10Y*: 8.23%
• ALL TIME*: 8.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DODWX Dodge & Cox Global Stock Fund Class I	$0.00	$0.00	$0.00
TBGVX Tweedy, Browne International Value Fund	$0.00	$0.00	$0.00

DODWX vs. TBGVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DODWX Dodge & Cox Global Stock Fund Class I	12.71%	25.23%	4.74%	20.26%	-5.83%	20.57%	6.01%	23.87%	-12.76%	21.51%
TBGVX Tweedy, Browne International Value Fund	13.38%	23.86%	2.47%	12.48%	-7.52%	15.62%	-1.00%	14.64%	-6.72%	15.03%

Correlation

The correlation between DODWX and TBGVX is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.68
Correlation (3Y) Balances recent behavior with more history.	0.76
Correlation (5Y) Shows whether the relationship held over a longer period.	0.80
Correlation (10Y) Provides a long-term view across more market conditions.	0.79
Correlation (All Time) Calculated using the full available price history since May 1, 2008	0.77

The correlation between DODWX and TBGVX shifts across timeframes, from 0.68 (1 year) to 0.80 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

DODWX vs. TBGVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DODWX

DODWX Risk / Return Rank: 81
DODWX Sharpe Ratio Rank: 83
DODWX Sortino Ratio Rank: 80
DODWX Omega Ratio Rank: 78
DODWX Calmar Ratio Rank: 79
DODWX Martin Ratio Rank: 83

TBGVX

TBGVX Risk / Return Rank: 77
TBGVX Sharpe Ratio Rank: 90
TBGVX Sortino Ratio Rank: 88
TBGVX Omega Ratio Rank: 86
TBGVX Calmar Ratio Rank: 68
TBGVX Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DODWX vs. TBGVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Global Stock Fund Class I (DODWX) and Tweedy, Browne International Value Fund (TBGVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DODWX	TBGVX	Difference
Sharpe ratio: Return per unit of total volatility	2.03	2.31	-0.27
Sortino ratio: Return per unit of downside risk	2.82	3.25	-0.43
Omega ratio: Gain probability vs. loss probability	1.36	1.43	-0.07
Calmar ratio: Return relative to maximum drawdown	2.69	2.34	+0.34
Martin ratio: Return relative to average drawdown	10.73	7.63	+3.10

DODWX vs. TBGVX - Sharpe Ratio Comparison

The current DODWX Sharpe Ratio is 2.03, which is comparable to the TBGVX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of DODWX and TBGVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DODWX vs. TBGVX - Drawdown Comparison

The maximum DODWX drawdown since its inception was -63.00%, which is greater than TBGVX's maximum drawdown of -50.97%. Use the drawdown chart below to compare losses from any high point for DODWX and TBGVX.

Drawdown Indicators

	DODWX	TBGVX	Difference
Max Drawdown Largest peak-to-trough decline	-63.00%	-50.97%	-12.03%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-9.56%	+0.45%
Max Drawdown (3Y) Largest decline over 3 years	-19.25%	-11.45%	-7.80%
Max Drawdown (5Y) Largest decline over 5 years	-21.78%	-17.71%	-4.07%
Max Drawdown (10Y) Largest decline over 10 years	-41.17%	-31.18%	-9.99%
Current Drawdown Current decline from peak	0.00%	-0.84%	+0.84%
Average Drawdown Average peak-to-trough decline	-9.77%	-6.05%	-3.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	2.93%	-0.65%

Volatility

DODWX vs. TBGVX - Volatility Comparison

Dodge & Cox Global Stock Fund Class I (DODWX) and Tweedy, Browne International Value Fund (TBGVX) have volatilities of 2.98% and 2.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DODWX	TBGVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.98%	2.87%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	9.56%	7.99%	+1.57%
Volatility (1Y) Calculated over the trailing 1-year period	12.09%	9.75%	+2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.21%	11.10%	+7.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.38%	12.56%	+6.82%

DODWX vs. TBGVX - Expense Ratio Comparison

DODWX has a 0.62% expense ratio, which is lower than TBGVX's 1.40% expense ratio.

Dividends

DODWX vs. TBGVX - Dividend Comparison

DODWX's dividend yield for the trailing twelve months is around 7.46%, less than TBGVX's 10.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DODWX Dodge & Cox Global Stock Fund Class I	7.46%	8.41%	14.35%	1.62%	7.73%	10.76%	1.31%	7.41%	9.78%	4.37%	2.86%	3.95%
TBGVX Tweedy, Browne International Value Fund	10.68%	12.11%	9.95%	4.55%	5.68%	8.89%	0.94%	1.88%	6.74%	1.10%	3.16%	4.94%

Frequently Asked Questions

Can I hold both DODWX and TBGVX in my portfolio?

DODWX and TBGVX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DODWX or TBGVX?

DODWX has higher volatility (2.98%) compared to TBGVX (2.87%). In terms of maximum drawdown, DODWX dropped -63.00% vs TBGVX's -50.97%.

Which has better risk-adjusted returns?

TBGVX currently has the higher Sharpe Ratio (2.31 vs 2.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.