FFHCX vs. DODLX
Compare and contrast key facts about Fidelity Series Floating Rate High Income Fund (FFHCX) and Dodge & Cox Global Bond Fund (DODLX).
FFHCX is managed by Fidelity. It was launched on Oct 20, 2011. DODLX is managed by Dodge & Cox. It was launched on Apr 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFHCX or DODLX.
Correlation
The correlation between FFHCX and DODLX is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FFHCX vs. DODLX - Performance Comparison
Key characteristics
FFHCX:
3.11
DODLX:
-0.13
FFHCX:
8.85
DODLX:
-0.13
FFHCX:
2.69
DODLX:
0.98
FFHCX:
9.58
DODLX:
-0.11
FFHCX:
43.38
DODLX:
-0.39
FFHCX:
0.20%
DODLX:
2.05%
FFHCX:
2.73%
DODLX:
6.03%
FFHCX:
-21.45%
DODLX:
-17.05%
FFHCX:
-0.44%
DODLX:
-6.99%
Returns By Period
In the year-to-date period, FFHCX achieves a 8.66% return, which is significantly higher than DODLX's -1.34% return. Over the past 10 years, FFHCX has outperformed DODLX with an annualized return of 5.29%, while DODLX has yielded a comparatively lower 2.98% annualized return.
FFHCX
8.66%
-0.22%
4.16%
8.66%
6.06%
5.29%
DODLX
-1.34%
-3.22%
-1.47%
-0.79%
2.13%
2.98%
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FFHCX vs. DODLX - Expense Ratio Comparison
FFHCX has a 0.00% expense ratio, which is lower than DODLX's 0.45% expense ratio.
Risk-Adjusted Performance
FFHCX vs. DODLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Floating Rate High Income Fund (FFHCX) and Dodge & Cox Global Bond Fund (DODLX). 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
FFHCX vs. DODLX - Dividend Comparison
FFHCX's dividend yield for the trailing twelve months is around 8.49%, more than DODLX's 2.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFHCX Fidelity Series Floating Rate High Income Fund | 8.49% | 9.47% | 5.91% | 4.31% | 4.61% | 5.94% | 6.69% | 4.79% | 4.42% | 5.15% | 8.23% | 4.40% |
DODLX Dodge & Cox Global Bond Fund | 2.80% | 3.31% | 5.05% | 2.49% | 2.21% | 3.40% | 4.21% | 2.34% | 1.69% | 0.00% | 1.40% | 0.00% |
Drawdowns
FFHCX vs. DODLX - Drawdown Comparison
The maximum FFHCX drawdown since its inception was -21.45%, which is greater than DODLX's maximum drawdown of -17.05%. Use the drawdown chart below to compare losses from any high point for FFHCX and DODLX. For additional features, visit the drawdowns tool.
Volatility
FFHCX vs. DODLX - Volatility Comparison
The current volatility for Fidelity Series Floating Rate High Income Fund (FFHCX) is 0.36%, while Dodge & Cox Global Bond Fund (DODLX) has a volatility of 3.10%. This indicates that FFHCX experiences smaller price fluctuations and is considered to be less risky than DODLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.