FADMX vs. DODIX
Compare and contrast key facts about Fidelity Strategic Income Fund (FADMX) and Dodge & Cox Income Fund (DODIX).
FADMX is managed by Fidelity. It was launched on Oct 31, 1994. DODIX is managed by Dodge & Cox.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FADMX or DODIX.
Performance
FADMX vs. DODIX - Performance Comparison
Returns By Period
In the year-to-date period, FADMX achieves a 6.62% return, which is significantly higher than DODIX's 2.63% return.
FADMX
6.62%
0.01%
4.57%
11.38%
2.45%
N/A
DODIX
2.63%
-0.87%
3.29%
7.70%
1.43%
2.59%
Key characteristics
| FADMX | DODIX | |
|---|---|---|
| Sharpe Ratio | 2.90 | 1.32 |
| Sortino Ratio | 4.63 | 1.94 |
| Omega Ratio | 1.59 | 1.23 |
| Calmar Ratio | 1.30 | 0.77 |
| Martin Ratio | 17.03 | 4.75 |
| Ulcer Index | 0.66% | 1.64% |
| Daily Std Dev | 3.84% | 5.89% |
| Max Drawdown | -16.68% | -16.38% |
| Current Drawdown | -0.92% | -3.66% |
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FADMX vs. DODIX - Expense Ratio Comparison
FADMX has a 0.66% expense ratio, which is higher than DODIX's 0.41% expense ratio.
Correlation
The correlation between FADMX and DODIX is 0.75, 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.
Risk-Adjusted Performance
FADMX vs. DODIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Income Fund (FADMX) and Dodge & Cox Income Fund (DODIX). 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
FADMX vs. DODIX - Dividend Comparison
FADMX's dividend yield for the trailing twelve months is around 4.33%, more than DODIX's 4.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FADMX Fidelity Strategic Income Fund | 4.33% | 4.32% | 3.67% | 2.75% | 3.33% | 3.46% | 2.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DODIX Dodge & Cox Income Fund | 4.17% | 3.86% | 2.84% | 1.89% | 2.44% | 3.04% | 3.00% | 2.76% | 3.11% | 3.03% | 3.84% | 3.07% |
Drawdowns
FADMX vs. DODIX - Drawdown Comparison
The maximum FADMX drawdown since its inception was -16.68%, roughly equal to the maximum DODIX drawdown of -16.38%. Use the drawdown chart below to compare losses from any high point for FADMX and DODIX. For additional features, visit the drawdowns tool.
Volatility
FADMX vs. DODIX - Volatility Comparison
The current volatility for Fidelity Strategic Income Fund (FADMX) is 0.89%, while Dodge & Cox Income Fund (DODIX) has a volatility of 1.58%. This indicates that FADMX experiences smaller price fluctuations and is considered to be less risky than DODIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.