PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
DOXIX vs. PRFDX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DOXIX vs. PRFDX

Last updated Jun 24, 2026

DOXIX (Dodge & Cox Income Fund Class X) and PRFDX (T. Rowe Price Equity Income Fund) are both mutual funds - DOXIX is a Intermediate Core-Plus Bond fund actively managed by Dodge & Cox, while PRFDX is a Large Cap Value Equities fund managed by T. Rowe Price. Over the past 3 years, DOXIX returned 5.17%/yr vs 17.01%/yr for PRFDX. At a 0.25 correlation, their price movements are largely independent. DOXIX charges 0.33%/yr vs 0.63%/yr for PRFDX.

Performance

DOXIX vs. PRFDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dodge & Cox Income Fund Class X (DOXIX) and T. Rowe Price Equity Income Fund (PRFDX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, DOXIX achieves a 0.45% return, which is significantly lower than PRFDX's 13.61% return.

DOXIX

1D
-0.23%
1M
0.71%
YTD
0.45%
6M
0.61%
1Y
5.24%
3Y*
5.17%
5Y*
—
10Y*
—

PRFDX

1D
0.14%
1M
1.48%
YTD
13.61%
6M
13.25%
1Y
24.39%
3Y*
17.01%
5Y*
10.57%
10Y*
12.24%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DOXIX vs. PRFDX - Yearly Performance Comparison

2026 (YTD)2025202420232022
DOXIX
Dodge & Cox Income Fund Class X		0.45%8.39%2.33%7.75%-2.35%
PRFDX
T. Rowe Price Equity Income Fund		13.61%14.60%11.85%9.75%-0.49%

Correlation

The correlation between DOXIX and PRFDX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.34

Correlation (3Y)
Calculated over the trailing 3-year period

0.26

Correlation (All Time)
Calculated using the full available price history since May 3, 2022

0.25

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Dodge & Cox Income Fund Class X

T. Rowe Price Equity Income Fund

Often compared with DOXIX:
DOXIX vs. BNDDOXIX vs. FXNAXDOXIX vs. VCITDOXIX vs. PIMIXDOXIX vs. NSTLXDOXIX vs. DODIXDOXIX vs. FIFZX
Often compared with PRFDX:
PRFDX vs. PRDGXPRFDX vs. PREIXPRFDX vs. SCHDPRFDX vs. VEIPXPRFDX vs. TRVLXPRFDX vs. AABTXPRFDX vs. PRWCX

Return for Risk

DOXIX vs. PRFDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DOXIX
DOXIX Risk / Return Rank: 2626
Overall Rank
DOXIX Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
DOXIX Sortino Ratio Rank: 2828
Sortino Ratio Rank
DOXIX Omega Ratio Rank: 2626
Omega Ratio Rank
DOXIX Calmar Ratio Rank: 2626
Calmar Ratio Rank
DOXIX Martin Ratio Rank: 2323
Martin Ratio Rank
PRFDX
PRFDX Risk / Return Rank: 7474
Overall Rank
PRFDX Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
PRFDX Sortino Ratio Rank: 7676
Sortino Ratio Rank
PRFDX Omega Ratio Rank: 6868
Omega Ratio Rank
PRFDX Calmar Ratio Rank: 8080
Calmar Ratio Rank
PRFDX Martin Ratio Rank: 7272
Martin Ratio Rank
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.

DOXIX vs. PRFDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Income Fund Class X (DOXIX) and T. Rowe Price Equity Income Fund (PRFDX). 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.

DOXIXPRFDXDifference
Sharpe ratioReturn per unit of total volatility
1.40
2.31

-0.91

Sortino ratioReturn per unit of downside risk
2.06
3.32

-1.26

Omega ratioGain probability vs. loss probability

1.25

1.42

-0.17

Calmar ratioReturn relative to maximum drawdown

1.78

3.46

-1.69

Martin ratioReturn relative to average drawdown

5.11

12.86

-7.74

DOXIX vs. PRFDX - Sharpe Ratio Comparison

The current DOXIX Sharpe Ratio is 1.40, which is lower than the PRFDX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of DOXIX and PRFDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

DOXIX vs. PRFDX - Drawdown Comparison

The maximum DOXIX drawdown since its inception was -8.83%, smaller than the maximum PRFDX drawdown of -58.12%. Use the drawdown chart below to compare losses from any high point for DOXIX and PRFDX.

Loading charts...

Drawdown Indicators

DOXIXPRFDXDifference

Max Drawdown

Largest peak-to-trough decline

-8.83%

-58.12%

+49.29%

Max Drawdown (1Y)

Largest decline over 1 year

-3.15%

-7.34%

+4.19%

Max Drawdown (3Y)

Largest decline over 3 years

-5.66%

-14.35%

+8.69%

Max Drawdown (5Y)

Largest decline over 5 years

—

-18.08%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-39.71%

—

Current Drawdown

Current decline from peak

-1.69%

-0.52%

-1.17%

Average Drawdown

Average peak-to-trough decline

-1.86%

-6.25%

+4.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.09%

1.97%

-0.88%

Volatility

DOXIX vs. PRFDX - Volatility Comparison

The current volatility for Dodge & Cox Income Fund Class X (DOXIX) is 1.18%, while T. Rowe Price Equity Income Fund (PRFDX) has a volatility of 3.58%. This indicates that DOXIX experiences smaller price fluctuations and is considered to be less risky than PRFDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

DOXIXPRFDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.18%

3.58%

-2.40%

Volatility (6M)

Calculated over the trailing 6-month period

3.02%

8.36%

-5.34%

Volatility (1Y)

Calculated over the trailing 1-year period

4.02%

11.02%

-7.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.84%

14.92%

-9.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.84%

17.88%

-12.04%

DOXIX vs. PRFDX - Expense Ratio Comparison

DOXIX has a 0.33% expense ratio, which is lower than PRFDX's 0.63% expense ratio.

Dividends

DOXIX vs. PRFDX - Dividend Comparison

DOXIX's dividend yield for the trailing twelve months is around 4.33%, more than PRFDX's 2.40% yield.

PositionTTM20252024202320222021202020192018201720162015
DOXIX
Dodge & Cox Income Fund Class X		4.33%4.30%4.32%3.92%2.30%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PRFDX
T. Rowe Price Equity Income Fund		2.40%2.76%8.91%6.19%6.61%8.78%3.55%12.53%11.43%8.97%7.75%7.48%

Frequently Asked Questions

DOXIX and PRFDX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PRFDX has higher volatility (3.58%) compared to DOXIX (1.18%). In terms of maximum drawdown, DOXIX dropped -8.83% vs PRFDX's -58.12%.

PRFDX currently has the higher Sharpe Ratio (2.31 vs 1.40), 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.

Portfolio Optimizer

Find the right allocation for DOXIX and PRFDX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer