FJMNX vs. DODIX
Compare and contrast key facts about Nuveen Minnesota Municipal Bond Fund (FJMNX) and Dodge & Cox Income Fund (DODIX).
FJMNX is managed by Nuveen. It was launched on Jul 10, 1988. DODIX is managed by Dodge & Cox.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJMNX or DODIX.
Correlation
The correlation between FJMNX and DODIX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FJMNX vs. DODIX - Performance Comparison
Key characteristics
FJMNX:
0.10
DODIX:
1.01
FJMNX:
0.19
DODIX:
1.52
FJMNX:
1.03
DODIX:
1.18
FJMNX:
0.09
DODIX:
0.62
FJMNX:
0.39
DODIX:
2.54
FJMNX:
1.55%
DODIX:
2.26%
FJMNX:
5.30%
DODIX:
5.64%
FJMNX:
-15.27%
DODIX:
-18.50%
FJMNX:
-4.44%
DODIX:
-3.53%
Returns By Period
In the year-to-date period, FJMNX achieves a -1.75% return, which is significantly lower than DODIX's 2.26% return. Over the past 10 years, FJMNX has underperformed DODIX with an annualized return of 1.91%, while DODIX has yielded a comparatively higher 2.11% annualized return.
FJMNX
-1.75%
2.65%
-1.71%
0.52%
0.75%
1.91%
DODIX
2.26%
0.64%
1.04%
5.67%
0.64%
2.11%
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FJMNX vs. DODIX - Expense Ratio Comparison
FJMNX has a 0.77% expense ratio, which is higher than DODIX's 0.41% expense ratio.
Risk-Adjusted Performance
FJMNX vs. DODIX — Risk-Adjusted Performance Rank
FJMNX
DODIX
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.
Dividends
FJMNX vs. DODIX - Dividend Comparison
FJMNX's dividend yield for the trailing twelve months is around 3.34%, less than DODIX's 4.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FJMNX Nuveen Minnesota Municipal Bond Fund | 3.34% | 3.56% | 3.25% | 2.58% | 1.79% | 2.49% | 3.01% | 3.14% | 3.21% | 3.43% | 3.63% | 3.65% |
DODIX Dodge & Cox Income Fund | 4.20% | 4.24% | 3.86% | 2.82% | 3.23% | 4.66% | 3.63% | 3.43% | 3.03% | 3.25% | 3.09% | 4.15% |
Drawdowns
FJMNX vs. DODIX - Drawdown Comparison
The maximum FJMNX drawdown since its inception was -15.27%, smaller than the maximum DODIX drawdown of -18.50%. Use the drawdown chart below to compare losses from any high point for FJMNX and DODIX. For additional features, visit the drawdowns tool.
Volatility
FJMNX vs. DODIX - Volatility Comparison
Nuveen Minnesota Municipal Bond Fund (FJMNX) has a higher volatility of 3.02% compared to Dodge & Cox Income Fund (DODIX) at 1.84%. This indicates that FJMNX's price experiences larger fluctuations and is considered to be riskier than DODIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.