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FJMNX vs. DODIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FJMNX and DODIX is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

FJMNX vs. DODIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Minnesota Municipal Bond Fund (FJMNX) and Dodge & Cox Income Fund (DODIX). The values are adjusted to include any dividend payments, if applicable.

400.00%450.00%500.00%550.00%600.00%650.00%JulyAugustSeptemberOctoberNovemberDecember
368.19%
615.19%
FJMNX
DODIX

Key characteristics

Sharpe Ratio

FJMNX:

0.86

DODIX:

0.25

Sortino Ratio

FJMNX:

1.21

DODIX:

0.38

Omega Ratio

FJMNX:

1.19

DODIX:

1.05

Calmar Ratio

FJMNX:

0.43

DODIX:

0.18

Martin Ratio

FJMNX:

3.58

DODIX:

0.80

Ulcer Index

FJMNX:

0.74%

DODIX:

1.86%

Daily Std Dev

FJMNX:

3.07%

DODIX:

5.89%

Max Drawdown

FJMNX:

-15.27%

DODIX:

-16.38%

Current Drawdown

FJMNX:

-3.21%

DODIX:

-4.97%

Returns By Period

In the year-to-date period, FJMNX achieves a 2.17% return, which is significantly higher than DODIX's 1.24% return. Over the past 10 years, FJMNX has underperformed DODIX with an annualized return of 2.11%, while DODIX has yielded a comparatively higher 2.41% annualized return.


FJMNX

YTD

2.17%

1M

-0.73%

6M

1.12%

1Y

2.65%

5Y*

0.57%

10Y*

2.11%

DODIX

YTD

1.24%

1M

-1.35%

6M

0.36%

1Y

1.56%

5Y*

1.08%

10Y*

2.41%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FJMNX vs. DODIX - Expense Ratio Comparison

FJMNX has a 0.77% expense ratio, which is higher than DODIX's 0.41% expense ratio.


FJMNX
Nuveen Minnesota Municipal Bond Fund
Expense ratio chart for FJMNX: current value at 0.77% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.77%
Expense ratio chart for DODIX: current value at 0.41% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.41%

Risk-Adjusted Performance

FJMNX vs. DODIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Minnesota Municipal Bond Fund (FJMNX) 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.


Sharpe ratio
The chart of Sharpe ratio for FJMNX, currently valued at 0.86, compared to the broader market-1.000.001.002.003.004.000.860.27
The chart of Sortino ratio for FJMNX, currently valued at 1.21, compared to the broader market-2.000.002.004.006.008.0010.001.210.40
The chart of Omega ratio for FJMNX, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.003.501.191.05
The chart of Calmar ratio for FJMNX, currently valued at 0.43, compared to the broader market0.002.004.006.008.0010.0012.0014.000.430.19
The chart of Martin ratio for FJMNX, currently valued at 3.58, compared to the broader market0.0020.0040.0060.003.580.84
FJMNX
DODIX

The current FJMNX Sharpe Ratio is 0.86, which is higher than the DODIX Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of FJMNX and DODIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.86
0.27
FJMNX
DODIX

Dividends

FJMNX vs. DODIX - Dividend Comparison

FJMNX's dividend yield for the trailing twelve months is around 3.56%, more than DODIX's 3.19% yield.


TTM20232022202120202019201820172016201520142013
FJMNX
Nuveen Minnesota Municipal Bond Fund
3.56%3.25%2.58%1.79%2.49%3.01%3.14%3.21%3.43%3.63%3.65%3.94%
DODIX
Dodge & Cox Income Fund
3.19%3.86%2.84%1.89%2.44%3.04%3.00%2.76%3.11%3.03%3.84%3.07%

Drawdowns

FJMNX vs. DODIX - Drawdown Comparison

The maximum FJMNX drawdown since its inception was -15.27%, smaller than the maximum DODIX drawdown of -16.38%. Use the drawdown chart below to compare losses from any high point for FJMNX and DODIX. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.21%
-4.97%
FJMNX
DODIX

Volatility

FJMNX vs. DODIX - Volatility Comparison

The current volatility for Nuveen Minnesota Municipal Bond Fund (FJMNX) is 1.19%, while Dodge & Cox Income Fund (DODIX) has a volatility of 2.32%. This indicates that FJMNX 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.


0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.19%
2.32%
FJMNX
DODIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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