DOXFX vs. MGRDX

Last updated Aug 1, 2026

DOXFX (Dodge & Cox International Stock X) and MGRDX (MFS International Growth Fund R6) are both Foreign Large Cap Equities funds. Over the past 3 years, DOXFX returned 18.52%/yr vs 11.10%/yr for MGRDX. Their correlation of 0.86 means they have usually moved in the same direction. DOXFX charges 0.52%/yr vs 0.72%/yr for MGRDX.

Performance

DOXFX vs. MGRDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dodge & Cox International Stock X (DOXFX) and MFS International Growth Fund R6 (MGRDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DOXFX achieves a 14.82% return, which is significantly higher than MGRDX's 3.88% return.

DOXFX

• 1D: 2.44%
• 1M: 0.80%
• 6M: 9.06%
• YTD: 14.82%
• 1Y: 31.02%
• 3Y*: 18.52%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.74%

MGRDX

• 1D: 2.05%
• 1M: 0.51%
• 6M: 0.53%
• YTD: 3.88%
• 1Y: 11.35%
• 3Y*: 11.10%
• 5Y*: 6.38%
• 10Y*: 9.75%
• ALL TIME*: 5.51%

*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)
DOXFX Dodge & Cox International Stock X	$0.00	$0.00	$0.00
MGRDX MFS International Growth Fund R6	$0.00	$0.00	$0.00

DOXFX vs. MGRDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DOXFX Dodge & Cox International Stock X	14.82%	38.90%	3.85%	16.81%	-0.58%
MGRDX MFS International Growth Fund R6	3.88%	21.18%	9.22%	14.99%	-3.04%

Correlation

The correlation between DOXFX and MGRDX is 0.85, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.85
Correlation (3Y) Balances recent behavior with more history.	0.86
Correlation (All Time) Calculated using the full available price history since Dec 12, 2022	0.86

The correlation between DOXFX and MGRDX has been stable across timeframes, ranging from 0.85 to 0.86 - a consistent structural relationship.

Return for Risk

DOXFX vs. MGRDX — Risk / Return Rank

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

DOXFX

DOXFX Risk / Return Rank: 82
DOXFX Sharpe Ratio Rank: 84
DOXFX Sortino Ratio Rank: 81
DOXFX Omega Ratio Rank: 81
DOXFX Calmar Ratio Rank: 81
DOXFX Martin Ratio Rank: 82

MGRDX

MGRDX Risk / Return Rank: 17
MGRDX Sharpe Ratio Rank: 18
MGRDX Sortino Ratio Rank: 17
MGRDX Omega Ratio Rank: 18
MGRDX Calmar Ratio Rank: 16
MGRDX Martin Ratio Rank: 16

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.

DOXFX vs. MGRDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox International Stock X (DOXFX) and MFS International Growth Fund R6 (MGRDX). 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.

	DOXFX	MGRDX	Difference
Sharpe ratio: Return per unit of total volatility	2.03	0.67	+1.36
Sortino ratio: Return per unit of downside risk	2.76	1.01	+1.75
Omega ratio: Gain probability vs. loss probability	1.37	1.12	+0.24
Calmar ratio: Return relative to maximum drawdown	2.61	0.76	+1.85
Martin ratio: Return relative to average drawdown	9.91	2.31	+7.60

DOXFX vs. MGRDX - Sharpe Ratio Comparison

The current DOXFX Sharpe Ratio is 2.03, which is higher than the MGRDX Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of DOXFX and MGRDX, 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

DOXFX vs. MGRDX - Drawdown Comparison

The maximum DOXFX drawdown since its inception was -14.41%, smaller than the maximum MGRDX drawdown of -60.75%. Use the drawdown chart below to compare losses from any high point for DOXFX and MGRDX.

Drawdown Indicators

	DOXFX	MGRDX	Difference
Max Drawdown Largest peak-to-trough decline	-14.41%	-60.75%	+46.34%
Max Drawdown (1Y) Largest decline over 1 year	-11.08%	-12.39%	+1.31%
Max Drawdown (3Y) Largest decline over 3 years	-14.41%	-13.25%	-1.16%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-30.60%	—
Current Drawdown Current decline from peak	0.00%	-2.99%	+2.99%
Average Drawdown Average peak-to-trough decline	-2.66%	-12.37%	+9.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	4.08%	-1.16%

Volatility

DOXFX vs. MGRDX - Volatility Comparison

Dodge & Cox International Stock X (DOXFX) and MFS International Growth Fund R6 (MGRDX) have volatilities of 4.06% and 3.93%, 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

	DOXFX	MGRDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	3.93%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	12.44%	12.14%	+0.30%
Volatility (1Y) Calculated over the trailing 1-year period	14.31%	14.19%	+0.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.08%	15.81%	-1.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.08%	15.61%	-1.53%

DOXFX vs. MGRDX - Expense Ratio Comparison

DOXFX has a 0.52% expense ratio, which is lower than MGRDX's 0.72% expense ratio.

Dividends

DOXFX vs. MGRDX - Dividend Comparison

DOXFX's dividend yield for the trailing twelve months is around 4.48%, less than MGRDX's 5.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DOXFX Dodge & Cox International Stock X	4.48%	5.15%	2.36%	2.38%	2.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MGRDX MFS International Growth Fund R6	5.42%	5.63%	6.35%	2.90%	3.06%	6.97%	0.80%	1.51%	4.20%	2.61%	1.45%	1.20%

Frequently Asked Questions

Can I hold both DOXFX and MGRDX in my portfolio?

DOXFX and MGRDX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DOXFX or MGRDX?

DOXFX has higher volatility (4.06%) compared to MGRDX (3.93%). In terms of maximum drawdown, DOXFX dropped -14.41% vs MGRDX's -60.75%.

Which has better risk-adjusted returns?

DOXFX currently has the higher Sharpe Ratio (2.03 vs 0.67), 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.