FSIDX vs. DODBX

Last updated Jun 24, 2026

FSIDX (Fidelity Advisor Strategic Dividend & Income Fund Class I) and DODBX (Dodge & Cox Balanced Fund) are both Diversified Portfolio funds. Over the past 10 years, FSIDX returned 9.97%/yr vs 9.74%/yr for DODBX. Their correlation of 0.88 suggests significant overlap in exposure. FSIDX charges 0.72%/yr vs 0.52%/yr for DODBX.

Performance

FSIDX vs. DODBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) and Dodge & Cox Balanced Fund (DODBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSIDX achieves a 13.18% return, which is significantly higher than DODBX's 2.11% return. Both investments have delivered pretty close results over the past 10 years, with FSIDX having a 9.97% annualized return and DODBX not far behind at 9.74%.

FSIDX

• 1D: 0.36%
• 1M: 0.66%
• YTD: 13.18%
• 6M: 12.90%
• 1Y: 23.21%
• 3Y*: 15.17%
• 5Y*: 8.55%
• 10Y*: 9.97%

DODBX

• 1D: -0.15%
• 1M: -0.29%
• YTD: 2.11%
• 6M: 1.96%
• 1Y: 9.32%
• 3Y*: 11.64%
• 5Y*: 6.64%
• 10Y*: 9.74%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSIDX vs. DODBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSIDX Fidelity Advisor Strategic Dividend & Income Fund Class I	13.18%	12.99%	11.46%	9.45%	-9.90%	18.98%	11.25%	22.47%	-4.43%	11.26%
DODBX Dodge & Cox Balanced Fund	2.11%	14.44%	8.76%	13.77%	-7.30%	19.21%	7.93%	19.64%	-4.66%	11.51%

Correlation

The correlation between FSIDX and DODBX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Dec 24, 2003	0.88

The correlation between FSIDX and DODBX has been stable across timeframes, ranging from 0.79 to 0.88 - a consistent structural relationship.

Return for Risk

FSIDX vs. DODBX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSIDX

FSIDX Risk / Return Rank: 89
FSIDX Sharpe Ratio Rank: 92
FSIDX Sortino Ratio Rank: 88
FSIDX Omega Ratio Rank: 84
FSIDX Calmar Ratio Rank: 89
FSIDX Martin Ratio Rank: 92

DODBX

DODBX Risk / Return Rank: 24
DODBX Sharpe Ratio Rank: 23
DODBX Sortino Ratio Rank: 23
DODBX Omega Ratio Rank: 22
DODBX Calmar Ratio Rank: 23
DODBX Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSIDX vs. DODBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FSIDX	DODBX	Difference
Sharpe ratio: Return per unit of total volatility	2.84	1.29	+1.55
Sortino ratio: Return per unit of downside risk	3.95	1.88	+2.07
Omega ratio: Gain probability vs. loss probability	1.53	1.23	+0.30
Calmar ratio: Return relative to maximum drawdown	4.16	1.68	+2.48
Martin ratio: Return relative to average drawdown	17.41	5.87	+11.55

FSIDX vs. DODBX - Sharpe Ratio Comparison

The current FSIDX Sharpe Ratio is 2.84, which is higher than the DODBX Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of FSIDX and DODBX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FSIDX vs. DODBX - Drawdown Comparison

The maximum FSIDX drawdown since its inception was -58.94%, which is greater than DODBX's maximum drawdown of -50.20%. Use the drawdown chart below to compare losses from any high point for FSIDX and DODBX.

Drawdown Indicators

	FSIDX	DODBX	Difference
Max Drawdown Largest peak-to-trough decline	-58.94%	-50.20%	-8.74%
Max Drawdown (1Y) Largest decline over 1 year	-5.78%	-5.72%	-0.06%
Max Drawdown (3Y) Largest decline over 3 years	-12.55%	-8.45%	-4.10%
Max Drawdown (5Y) Largest decline over 5 years	-17.10%	-17.74%	+0.64%
Max Drawdown (10Y) Largest decline over 10 years	-30.01%	-31.29%	+1.28%
Current Drawdown Current decline from peak	-0.40%	-1.75%	+1.35%
Average Drawdown Average peak-to-trough decline	-6.32%	-4.67%	-1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.38%	1.63%	-0.25%

Volatility

FSIDX vs. DODBX - Volatility Comparison

Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) and Dodge & Cox Balanced Fund (DODBX) have volatilities of 2.59% and 2.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSIDX	DODBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.59%	2.52%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	6.58%	5.65%	+0.93%
Volatility (1Y) Calculated over the trailing 1-year period	8.49%	7.47%	+1.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.00%	10.79%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.44%	13.25%	-0.81%

FSIDX vs. DODBX - Expense Ratio Comparison

FSIDX has a 0.72% expense ratio, which is higher than DODBX's 0.52% expense ratio.

Dividends

FSIDX vs. DODBX - Dividend Comparison

FSIDX's dividend yield for the trailing twelve months is around 7.06%, which matches DODBX's 7.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DODBX Dodge & Cox Balanced Fund	7.07%	7.53%	8.21%	4.64%	8.67%	10.62%	6.92%	9.35%	9.57%	7.53%	5.59%	5.44%
FSIDX Fidelity Advisor Strategic Dividend & Income Fund Class I	7.06%	7.95%	5.25%	5.70%	4.22%	8.42%	5.67%	6.69%	8.18%	6.59%	4.92%	6.37%

Frequently Asked Questions

Can I hold both FSIDX and DODBX in my portfolio?

FSIDX and DODBX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSIDX or DODBX?

FSIDX has higher volatility (2.59%) compared to DODBX (2.52%). In terms of maximum drawdown, FSIDX dropped -58.94% vs DODBX's -50.20%.

Which has better risk-adjusted returns?

FSIDX currently has the higher Sharpe Ratio (2.84 vs 1.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.