DOXGX vs. DODBX

Last updated Apr 2, 2026

Compare and contrast key facts about Dodge & Cox Stock Fund (DOXGX) and Dodge & Cox Balanced Fund (DODBX).

DOXGX is managed by Dodge & Cox. It was launched on Apr 1, 1965. DODBX is managed by Dodge & Cox. It was launched on Jun 25, 1931.

Performance

DOXGX vs. DODBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dodge & Cox Stock Fund (DOXGX) and Dodge & Cox Balanced Fund (DODBX). The values are adjusted to include any dividend payments, if applicable.

DOXGX vs. DODBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DOXGX Dodge & Cox Stock Fund	-1.63%	13.77%	14.47%	17.60%	-2.46%
DODBX Dodge & Cox Balanced Fund	-0.36%	14.44%	8.76%	13.77%	-1.95%

Returns By Period

In the year-to-date period, DOXGX achieves a -1.63% return, which is significantly lower than DODBX's -0.36% return.

DOXGX

• 1D: 2.09%
• 1M: -5.28%
• YTD: -1.63%
• 6M: 0.67%
• 1Y: 8.11%
• 3Y*: 14.07%
• 5Y*: —
• 10Y*: —

DODBX

• 1D: 1.37%
• 1M: -3.79%
• YTD: -0.36%
• 6M: 1.20%
• 1Y: 8.67%
• 3Y*: 11.26%
• 5Y*: 7.08%
• 10Y*: 9.45%

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

DOXGX vs. DODBX - Expense Ratio Comparison

DOXGX has a 0.41% expense ratio, which is lower than DODBX's 0.52% expense ratio.

DODBX

Dodge & Cox Balanced Fund

DOXGX

Dodge & Cox Stock Fund

Return for Risk

DOXGX vs. DODBX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DOXGX

DOXGX Risk / Return Rank: 18
DOXGX Sharpe Ratio Rank: 17
DOXGX Sortino Ratio Rank: 16
DOXGX Omega Ratio Rank: 17
DOXGX Calmar Ratio Rank: 19
DOXGX Martin Ratio Rank: 22

DODBX

DODBX Risk / Return Rank: 41
DODBX Sharpe Ratio Rank: 42
DODBX Sortino Ratio Rank: 39
DODBX Omega Ratio Rank: 40
DODBX Calmar Ratio Rank: 42
DODBX Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DOXGX vs. DODBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Stock Fund (DOXGX) and Dodge & Cox Balanced Fund (DODBX). 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.

	DOXGX	DODBX	Difference
Sharpe ratio Return per unit of total volatility	0.50	0.90	-0.41
Sortino ratio Return per unit of downside risk	0.79	1.28	-0.49
Omega ratio Gain probability vs. loss probability	1.12	1.19	-0.07
Calmar ratio Return relative to maximum drawdown	0.61	1.11	-0.50
Martin ratio Return relative to average drawdown	2.53	4.57	-2.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DOXGX vs. DODBX - Sharpe Ratio Comparison

The current DOXGX Sharpe Ratio is 0.50, which is lower than the DODBX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of DOXGX and DODBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DOXGX	DODBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	0.90	-0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.73	-0.07

Correlation

The correlation between DOXGX and DODBX is 0.96, 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.

Dividends

DOXGX vs. DODBX - Dividend Comparison

DOXGX's dividend yield for the trailing twelve months is around 9.99%, more than DODBX's 7.25% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DOXGX Dodge & Cox Stock Fund	9.99%	9.96%	8.30%	3.86%	4.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DODBX Dodge & Cox Balanced Fund	7.25%	7.53%	8.21%	4.64%	8.67%	10.62%	6.92%	9.35%	9.57%	7.53%	5.59%	5.44%

Drawdowns

DOXGX vs. DODBX - Drawdown Comparison

The maximum DOXGX drawdown since its inception was -16.47%, smaller than the maximum DODBX drawdown of -50.20%. Use the drawdown chart below to compare losses from any high point for DOXGX and DODBX.

Drawdown Indicators

	DOXGX	DODBX	Difference
Max Drawdown Largest peak-to-trough decline	-16.47%	-50.20%	+33.73%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-7.71%	-4.52%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.29%	—
Current Drawdown Current decline from peak	-5.34%	-4.13%	-1.21%
Average Drawdown Average peak-to-trough decline	-3.23%	-4.69%	+1.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	1.88%	+1.06%

Volatility

DOXGX vs. DODBX - Volatility Comparison

Dodge & Cox Stock Fund (DOXGX) has a higher volatility of 4.27% compared to Dodge & Cox Balanced Fund (DODBX) at 3.03%. This indicates that DOXGX's price experiences larger fluctuations and is considered to be riskier than DODBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOXGX	DODBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.27%	3.03%	+1.24%
Volatility (6M) Calculated over the trailing 6-month period	8.77%	5.55%	+3.22%
Volatility (1Y) Calculated over the trailing 1-year period	16.36%	9.79%	+6.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.91%	10.82%	+5.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.91%	13.26%	+2.65%