DQIRX vs. GSFTX
Compare and contrast key facts about BNY Mellon Equity Income Fund (DQIRX) and Columbia Dividend Income Fund (GSFTX).
DQIRX is managed by Dreyfus. It was launched on Jul 5, 2006. GSFTX is managed by Columbia Threadneedle. It was launched on Mar 4, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DQIRX or GSFTX.
Key characteristics
| DQIRX | GSFTX | |
|---|---|---|
| YTD Return | 21.45% | 15.16% |
| 1Y Return | 30.00% | 21.15% |
| 3Y Return (Ann) | 12.90% | 9.47% |
| 5Y Return (Ann) | 14.35% | 11.93% |
| 10Y Return (Ann) | 11.25% | 11.09% |
| Sharpe Ratio | 2.56 | 2.16 |
| Daily Std Dev | 11.82% | 9.90% |
| Max Drawdown | -50.77% | -47.69% |
| Current Drawdown | -0.32% | -0.23% |
Correlation
The correlation between DQIRX and GSFTX is 0.94, 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.
Performance
DQIRX vs. GSFTX - Performance Comparison
In the year-to-date period, DQIRX achieves a 21.45% return, which is significantly higher than GSFTX's 15.16% return. Both investments have delivered pretty close results over the past 10 years, with DQIRX having a 11.25% annualized return and GSFTX not far behind at 11.09%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DQIRX vs. GSFTX - Expense Ratio Comparison
DQIRX has a 0.78% expense ratio, which is higher than GSFTX's 0.66% expense ratio.
Risk-Adjusted Performance
DQIRX vs. GSFTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Equity Income Fund (DQIRX) and Columbia Dividend Income Fund (GSFTX). 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.
Dividends
DQIRX vs. GSFTX - Dividend Comparison
DQIRX's dividend yield for the trailing twelve months is around 3.77%, less than GSFTX's 4.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DQIRX BNY Mellon Equity Income Fund | 3.77% | 4.56% | 6.54% | 2.61% | 3.42% | 2.50% | 5.29% | 8.45% | 4.04% | 9.91% | 5.51% | 3.81% |
GSFTX Columbia Dividend Income Fund | 4.35% | 4.96% | 3.87% | 2.87% | 1.74% | 2.90% | 7.63% | 4.48% | 4.28% | 8.27% | 8.61% | 3.27% |
Drawdowns
DQIRX vs. GSFTX - Drawdown Comparison
The maximum DQIRX drawdown since its inception was -50.77%, which is greater than GSFTX's maximum drawdown of -47.69%. Use the drawdown chart below to compare losses from any high point for DQIRX and GSFTX. For additional features, visit the drawdowns tool.
Volatility
DQIRX vs. GSFTX - Volatility Comparison
BNY Mellon Equity Income Fund (DQIRX) has a higher volatility of 3.91% compared to Columbia Dividend Income Fund (GSFTX) at 2.81%. This indicates that DQIRX's price experiences larger fluctuations and is considered to be riskier than GSFTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.