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 7.34%/yr vs 11.55%/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 -2.00% return, which is significantly lower than ASG's 2.87% return. Over the past 10 years, DX has underperformed ASG with an annualized return of 7.34%, while ASG has yielded a comparatively higher 11.55% annualized return.
DX
- 1D
- -1.09%
- 1M
- -3.80%
- YTD
- -2.00%
- 6M
- -1.37%
- 1Y
- 22.41%
- 3Y*
- 17.30%
- 5Y*
- 3.34%
- 10Y*
- 7.34%
ASG
- 1D
- 0.38%
- 1M
- -0.76%
- YTD
- 2.87%
- 6M
- 2.29%
- 1Y
- 7.09%
- 3Y*
- 8.85%
- 5Y*
- -1.18%
- 10Y*
- 11.55%
DX vs. ASG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DX Dynex Capital, Inc. | -2.00% | 29.48% | 13.64% | 11.91% | -15.39% | 2.25% | 17.09% | 11.12% | -8.46% | 13.80% |
ASG Liberty All-Star Growth | 2.87% | 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 | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 1989 | 0.19 |
The correlation between DX and ASG shifts across timeframes, from 0.19 (all time) to 0.44 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
DX:
$2.55B
ASG:
$328.14M
DX:
$1.59
ASG:
$1.04
DX:
8.00
ASG:
5.03
DX:
2.78
ASG:
4.83
DX:
0.97
ASG:
0.89
DX:
$695.85M
ASG:
$67.50M
DX:
$695.85M
ASG:
$57.76M
DX:
$900.29M
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.
| DX | ASG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.08 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 0.45 | +1.02 |
| Martin ratioReturn relative to average drawdown | 4.60 | 1.68 | +2.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DX | ASG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 0.40 | +0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | -0.05 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 0.46 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.21 | -0.04 |
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 | -38.63% | -45.91% | +7.28% |
Max Drawdown (10Y)Largest decline over 10 years | -56.76% | -45.91% | -10.85% |
Current DrawdownCurrent decline from peak | -32.93% | -20.05% | -12.88% |
Average DrawdownAverage peak-to-trough decline | -56.81% | -17.61% | -39.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.89% | 4.23% | +0.66% |
Volatility
DX vs. ASG - Volatility Comparison
The current volatility for Dynex Capital, Inc. (DX) is 4.62%, while Liberty All-Star Growth (ASG) has a volatility of 5.68%. 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 | 4.62% | 5.68% | -1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 13.63% | 13.94% | -0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.57% | 17.79% | -0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.87% | 22.87% | +1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.89% | 25.09% | +4.80% |
Dividends
DX vs. ASG - Dividend Comparison
DX's dividend yield for the trailing twelve months is around 16.03%, more than ASG's 9.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASG Liberty All-Star Growth | 9.00% | 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. | 16.03% | 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 (5.68%) compared to DX (4.62%). In terms of maximum drawdown, DX dropped -99.12% vs ASG's -66.77%.
DX currently has the higher Sharpe Ratio (1.28 vs 0.40), 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.
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