DOXLX vs. UDBPX

Last updated Apr 2, 2026

Compare and contrast key facts about Dodge & Cox Global Bond Fund (DOXLX) and UBS Sustainable Development Bank Bond Fund (UDBPX).

DOXLX is an actively managed fund by Dodge & Cox. It was launched on May 1, 2014. UDBPX is managed by UBS. It was launched on Oct 23, 2018.

Performance

DOXLX vs. UDBPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dodge & Cox Global Bond Fund (DOXLX) and UBS Sustainable Development Bank Bond Fund (UDBPX). The values are adjusted to include any dividend payments, if applicable.

DOXLX vs. UDBPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DOXLX Dodge & Cox Global Bond Fund	-0.19%	11.60%	0.63%	12.48%	0.43%
UDBPX UBS Sustainable Development Bank Bond Fund	0.28%	6.96%	1.55%	4.53%	-3.02%

Returns By Period

In the year-to-date period, DOXLX achieves a -0.19% return, which is significantly lower than UDBPX's 0.28% return.

DOXLX

• 1D: 0.45%
• 1M: -2.27%
• YTD: -0.19%
• 6M: 0.61%
• 1Y: 6.91%
• 3Y*: 6.77%
• 5Y*: —
• 10Y*: —

UDBPX

• 1D: 0.10%
• 1M: -1.11%
• YTD: 0.28%
• 6M: 0.97%
• 1Y: 4.22%
• 3Y*: 3.45%
• 5Y*: 0.48%
• 10Y*: —

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

DOXLX vs. UDBPX - Expense Ratio Comparison

DOXLX has a 0.37% expense ratio, which is higher than UDBPX's 0.25% expense ratio.

DOXLX

Dodge & Cox Global Bond Fund

UDBPX

UBS Sustainable Development Bank Bond Fund

Return for Risk

DOXLX vs. UDBPX — Risk / Return Rank

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

DOXLX

DOXLX Risk / Return Rank: 77
DOXLX Sharpe Ratio Rank: 81
DOXLX Sortino Ratio Rank: 84
DOXLX Omega Ratio Rank: 73
DOXLX Calmar Ratio Rank: 76
DOXLX Martin Ratio Rank: 71

UDBPX

UDBPX Risk / Return Rank: 66
UDBPX Sharpe Ratio Rank: 62
UDBPX Sortino Ratio Rank: 67
UDBPX Omega Ratio Rank: 49
UDBPX Calmar Ratio Rank: 87
UDBPX Martin Ratio Rank: 67

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.

DOXLX vs. UDBPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dodge & Cox Global Bond Fund (DOXLX) and UBS Sustainable Development Bank Bond Fund (UDBPX). 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.

	DOXLX	UDBPX	Difference
Sharpe ratio Return per unit of total volatility	1.64	1.25	+0.38
Sortino ratio Return per unit of downside risk	2.35	1.88	+0.47
Omega ratio Gain probability vs. loss probability	1.30	1.23	+0.07
Calmar ratio Return relative to maximum drawdown	2.06	2.52	-0.46
Martin ratio Return relative to average drawdown	8.08	7.59	+0.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DOXLX vs. UDBPX - Sharpe Ratio Comparison

The current DOXLX Sharpe Ratio is 1.64, which is higher than the UDBPX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of DOXLX and UDBPX, 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

	DOXLX	UDBPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	1.25	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.14	0.45	+0.69

Correlation

The correlation between DOXLX and UDBPX is 0.77, 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

DOXLX vs. UDBPX - Dividend Comparison

DOXLX's dividend yield for the trailing twelve months is around 4.17%, more than UDBPX's 3.51% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DOXLX Dodge & Cox Global Bond Fund	4.17%	4.14%	4.81%	3.36%	4.58%	0.00%	0.00%	0.00%	0.00%
UDBPX UBS Sustainable Development Bank Bond Fund	3.51%	3.12%	2.84%	2.15%	1.46%	1.03%	4.11%	2.69%	0.52%

Drawdowns

DOXLX vs. UDBPX - Drawdown Comparison

The maximum DOXLX drawdown since its inception was -8.14%, smaller than the maximum UDBPX drawdown of -15.45%. Use the drawdown chart below to compare losses from any high point for DOXLX and UDBPX.

Drawdown Indicators

	DOXLX	UDBPX	Difference
Max Drawdown Largest peak-to-trough decline	-8.14%	-15.45%	+7.31%
Max Drawdown (1Y) Largest decline over 1 year	-3.65%	-1.94%	-1.71%
Max Drawdown (5Y) Largest decline over 5 years	—	-14.55%	—
Current Drawdown Current decline from peak	-2.86%	-1.22%	-1.64%
Average Drawdown Average peak-to-trough decline	-1.62%	-5.19%	+3.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	0.64%	+0.29%

Volatility

DOXLX vs. UDBPX - Volatility Comparison

Dodge & Cox Global Bond Fund (DOXLX) has a higher volatility of 2.02% compared to UBS Sustainable Development Bank Bond Fund (UDBPX) at 1.38%. This indicates that DOXLX's price experiences larger fluctuations and is considered to be riskier than UDBPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOXLX	UDBPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.02%	1.38%	+0.64%
Volatility (6M) Calculated over the trailing 6-month period	2.81%	2.26%	+0.55%
Volatility (1Y) Calculated over the trailing 1-year period	4.54%	3.83%	+0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.49%	4.97%	+0.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.49%	4.52%	+0.97%