DOXIX vs. GUGAX
Compare and contrast key facts about Dodge & Cox Income Fund Class X (DOXIX) and GMO Multi-Sector Fixed Income Fund (GUGAX).
DOXIX is an actively managed fund by Dodge & Cox. It was launched on May 2, 2022. GUGAX is managed by GMO. It was launched on Apr 30, 1997.
Performance
DOXIX vs. GUGAX - Performance Comparison
Loading graphics...
DOXIX vs. GUGAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DOXIX Dodge & Cox Income Fund Class X | -0.17% | 8.39% | 2.33% | 7.75% | -2.35% |
GUGAX GMO Multi-Sector Fixed Income Fund | 0.96% | 7.29% | 0.96% | 6.02% | -4.11% |
Returns By Period
In the year-to-date period, DOXIX achieves a -0.17% return, which is significantly lower than GUGAX's 0.96% return.
DOXIX
- 1D
- 0.63%
- 1M
- -2.30%
- YTD
- -0.17%
- 6M
- 1.13%
- 1Y
- 5.17%
- 3Y*
- 4.97%
- 5Y*
- —
- 10Y*
- —
GUGAX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.96%
- 6M
- 1.90%
- 1Y
- 5.20%
- 3Y*
- 4.05%
- 5Y*
- 0.13%
- 10Y*
- 1.60%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DOXIX vs. GUGAX - Expense Ratio Comparison
DOXIX has a 0.33% expense ratio, which is lower than GUGAX's 0.45% expense ratio.
Return for Risk
DOXIX vs. GUGAX — Risk / Return Rank
DOXIX
GUGAX
DOXIX vs. GUGAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Income Fund Class X (DOXIX) and GMO Multi-Sector Fixed Income Fund (GUGAX). 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.
| DOXIX | GUGAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.18 | 1.36 | -0.18 |
Sortino ratioReturn per unit of downside risk | 1.68 | 1.98 | -0.30 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.26 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.06 | 1.80 | +0.25 |
Martin ratioReturn relative to average drawdown | 6.15 | 6.66 | -0.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DOXIX | GUGAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.18 | 1.36 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.02 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.08 | +0.60 |
Correlation
The correlation between DOXIX and GUGAX is 0.92, 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
DOXIX vs. GUGAX - Dividend Comparison
DOXIX's dividend yield for the trailing twelve months is around 4.36%, less than GUGAX's 4.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOXIX Dodge & Cox Income Fund Class X | 4.36% | 4.30% | 4.32% | 3.92% | 2.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GUGAX GMO Multi-Sector Fixed Income Fund | 4.52% | 3.69% | 4.34% | 0.00% | 1.94% | 2.90% | 7.96% | 5.74% | 5.08% | 2.43% | 3.29% | 1.76% |
Drawdowns
DOXIX vs. GUGAX - Drawdown Comparison
The maximum DOXIX drawdown since its inception was -8.83%, smaller than the maximum GUGAX drawdown of -38.57%. Use the drawdown chart below to compare losses from any high point for DOXIX and GUGAX.
Loading graphics...
Drawdown Indicators
| DOXIX | GUGAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.83% | -38.57% | +29.74% |
Max Drawdown (1Y)Largest decline over 1 year | -2.92% | -3.08% | +0.16% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.53% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -23.06% | — |
Current DrawdownCurrent decline from peak | -2.30% | -6.72% | +4.42% |
Average DrawdownAverage peak-to-trough decline | -1.87% | -11.29% | +9.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 0.84% | +0.14% |
Volatility
DOXIX vs. GUGAX - Volatility Comparison
Dodge & Cox Income Fund Class X (DOXIX) has a higher volatility of 1.80% compared to GMO Multi-Sector Fixed Income Fund (GUGAX) at 0.00%. This indicates that DOXIX's price experiences larger fluctuations and is considered to be riskier than GUGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DOXIX | GUGAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.80% | 0.00% | +1.80% |
Volatility (6M)Calculated over the trailing 6-month period | 2.76% | 1.84% | +0.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.57% | 4.03% | +0.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.92% | 6.57% | -0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.92% | 5.44% | +0.48% |