FPACX vs. DODBX
Compare and contrast key facts about FPA Crescent Fund (FPACX) and Dodge & Cox Balanced Fund (DODBX).
FPACX is managed by FPA. It was launched on Jun 1, 1993. DODBX is managed by Dodge & Cox. It was launched on Jun 25, 1931.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPACX or DODBX.
Key characteristics
| FPACX | DODBX | |
|---|---|---|
| YTD Return | 13.68% | 12.75% |
| 1Y Return | 18.30% | 21.73% |
| 3Y Return (Ann) | 2.28% | 5.77% |
| 5Y Return (Ann) | 5.89% | 9.55% |
| 10Y Return (Ann) | 3.23% | 8.53% |
| Sharpe Ratio | 2.03 | 3.10 |
| Sortino Ratio | 2.78 | 4.50 |
| Omega Ratio | 1.38 | 1.59 |
| Calmar Ratio | 1.78 | 3.57 |
| Martin Ratio | 12.49 | 22.92 |
| Ulcer Index | 1.47% | 0.95% |
| Daily Std Dev | 9.06% | 7.06% |
| Max Drawdown | -35.01% | -50.21% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FPACX and DODBX is 0.80, 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.
Performance
FPACX vs. DODBX - Performance Comparison
In the year-to-date period, FPACX achieves a 13.68% return, which is significantly higher than DODBX's 12.75% return. Over the past 10 years, FPACX has underperformed DODBX with an annualized return of 3.23%, while DODBX has yielded a comparatively higher 8.53% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FPACX vs. DODBX - Expense Ratio Comparison
FPACX has a 1.00% expense ratio, which is higher than DODBX's 0.52% expense ratio.
Risk-Adjusted Performance
FPACX vs. DODBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FPA Crescent Fund (FPACX) and Dodge & Cox Balanced Fund (DODBX). 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
FPACX vs. DODBX - Dividend Comparison
FPACX's dividend yield for the trailing twelve months is around 1.26%, less than DODBX's 2.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPACX FPA Crescent Fund | 1.26% | 0.12% | 0.05% | 0.78% | 0.30% | 2.36% | 0.71% | 0.98% | 0.89% | 1.00% | 0.92% | 0.64% |
DODBX Dodge & Cox Balanced Fund | 2.67% | 2.63% | 2.04% | 1.60% | 2.18% | 2.42% | 2.16% | 2.14% | 2.26% | 2.18% | 4.23% | 1.68% |
Drawdowns
FPACX vs. DODBX - Drawdown Comparison
The maximum FPACX drawdown since its inception was -35.01%, smaller than the maximum DODBX drawdown of -50.21%. Use the drawdown chart below to compare losses from any high point for FPACX and DODBX. For additional features, visit the drawdowns tool.
Volatility
FPACX vs. DODBX - Volatility Comparison
FPA Crescent Fund (FPACX) has a higher volatility of 2.40% compared to Dodge & Cox Balanced Fund (DODBX) at 2.03%. This indicates that FPACX's price experiences larger fluctuations and is considered to be riskier than DODBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.