DX vs. ASG
DX (Dynex Capital, Inc.) and ASG (Liberty All-Star Growth) are both stocks. DX operates in REIT - Mortgage (Real Estate), while ASG operates in Asset Management (Financial Services). Over the past 10 years, DX returned 7.71%/yr vs 11.29%/yr for ASG. At a 0.19 correlation, their price movements are largely independent.
Performance
DX vs. ASG - Performance Comparison
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Returns By Period
In the year-to-date period, DX achieves a 2.33% return, which is significantly lower than ASG's 3.20% return. Over the past 10 years, DX has underperformed ASG with an annualized return of 7.71%, while ASG has yielded a comparatively higher 11.29% annualized return.
DX
- 1D
- -1.58%
- 1M
- 1.78%
- 6M
- -3.33%
- YTD
- 2.33%
- 1Y
- 22.32%
- 3Y*
- 16.57%
- 5Y*
- 6.74%
- 10Y*
- 7.71%
- ALL TIME*
- 8.26%
ASG
- 1D
- -0.58%
- 1M
- -2.48%
- 6M
- 0.73%
- YTD
- 3.20%
- 1Y
- 5.32%
- 3Y*
- 6.26%
- 5Y*
- -1.02%
- 10Y*
- 11.29%
- ALL TIME*
- 4.86%
DX vs. ASG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DX Dynex Capital, Inc. | 2.33% | 29.48% | 13.64% | 11.91% | -15.39% | 2.25% | 17.09% | 11.12% | -8.46% | 13.80% |
ASG Liberty All-Star Growth | 3.20% | 2.21% | 16.78% | 16.23% | -40.91% | 22.60% | 37.99% | 60.54% | -14.35% | 44.64% |
Correlation
The correlation between DX and ASG is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 1989 | 0.19 |
The correlation between DX and ASG shifts across timeframes, from 0.19 (all time) to 0.46 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
DX:
$1.99B
ASG:
$326.23M
DX:
$2.43
ASG:
$1.03
DX:
5.40
ASG:
4.97
DX:
2.65
ASG:
4.77
DX:
0.96
ASG:
0.87
DX:
$886.86M
ASG:
$67.50M
DX:
$677.89M
ASG:
$57.76M
DX:
$771.29M
ASG:
$61.00M
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Return for Risk
DX vs. ASG — Risk / Return Rank
DX
ASG
DX vs. ASG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dynex Capital, Inc. (DX) and Liberty All-Star Growth (ASG). 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.
| DX | ASG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.06 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 0.34 | +1.13 |
| Martin ratioReturn relative to average drawdown | 4.28 | 1.25 | +3.02 |
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Drawdowns
DX vs. ASG - Drawdown Comparison
The maximum DX drawdown since its inception was -99.12%, which is greater than ASG's maximum drawdown of -66.77%. Use the drawdown chart below to compare losses from any high point for DX and ASG.
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Drawdown Indicators
| DX | ASG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.12% | -66.77% | -32.35% |
Max Drawdown (1Y)Largest decline over 1 year | -15.27% | -15.77% | +0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -25.81% | -25.25% | -0.56% |
Max Drawdown (5Y)Largest decline over 5 years | -33.44% | -45.91% | +12.47% |
Max Drawdown (10Y)Largest decline over 10 years | -56.76% | -45.91% | -10.85% |
Current DrawdownCurrent decline from peak | -29.96% | -19.79% | -10.17% |
Average DrawdownAverage peak-to-trough decline | -56.72% | -17.61% | -39.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.23% | 4.27% | +0.96% |
Volatility
DX vs. ASG - Volatility Comparison
The current volatility for Dynex Capital, Inc. (DX) is 4.77%, while Liberty All-Star Growth (ASG) has a volatility of 5.21%. This indicates that DX experiences smaller price fluctuations and is considered to be less risky than ASG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DX | ASG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 5.21% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 14.22% | 14.52% | -0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.71% | 17.95% | -0.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.84% | 22.72% | +1.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.91% | 25.09% | +4.82% |
Dividends
DX vs. ASG - Dividend Comparison
DX's dividend yield for the trailing twelve months is around 15.55%, more than ASG's 9.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASG Liberty All-Star Growth | 9.18% | 8.68% | 8.32% | 8.14% | 10.14% | 11.33% | 7.68% | 7.08% | 10.48% | 7.58% | 8.61% | 16.81% |
DX Dynex Capital, Inc. | 15.55% | 14.13% | 11.46% | 12.46% | 12.26% | 9.34% | 9.33% | 11.87% | 12.59% | 10.27% | 12.32% | 15.12% |
Financials
DX vs. ASG - Financials Comparison
This section allows you to compare key financial metrics between Dynex Capital, Inc. and Liberty All-Star Growth. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
DX and ASG have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASG has higher volatility (5.21%) compared to DX (4.77%). In terms of maximum drawdown, DX dropped -99.12% vs ASG's -66.77%.
DX currently has the higher Sharpe Ratio (1.27 vs 0.30), 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.
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