FXNAX vs. DODIX
Compare and contrast key facts about Fidelity U.S. Bond Index Fund (FXNAX) and Dodge & Cox Income Fund (DODIX).
FXNAX is managed by Fidelity. DODIX is managed by Dodge & Cox.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FXNAX or DODIX.
Key characteristics
| FXNAX | DODIX | |
|---|---|---|
| YTD Return | -3.18% | -2.81% |
| 1Y Return | -0.76% | 1.74% |
| 3Y Return (Ann) | -3.61% | -2.09% |
| 5Y Return (Ann) | -0.18% | 1.32% |
| 10Y Return (Ann) | 1.13% | 2.14% |
| Sharpe Ratio | -0.31 | 0.14 |
| Daily Std Dev | 6.74% | 6.43% |
| Max Drawdown | -18.64% | -16.38% |
| Current Drawdown | -13.27% | -7.99% |
Correlation
The correlation between FXNAX and DODIX is 0.88, 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
FXNAX vs. DODIX - Performance Comparison
In the year-to-date period, FXNAX achieves a -3.18% return, which is significantly lower than DODIX's -2.81% return. Over the past 10 years, FXNAX has underperformed DODIX with an annualized return of 1.13%, while DODIX has yielded a comparatively higher 2.14% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FXNAX vs. DODIX - Expense Ratio Comparison
FXNAX has a 0.03% expense ratio, which is lower than DODIX's 0.41% expense ratio.
Risk-Adjusted Performance
FXNAX vs. DODIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity U.S. Bond Index Fund (FXNAX) 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
FXNAX vs. DODIX - Dividend Comparison
FXNAX's dividend yield for the trailing twelve months is around 2.92%, less than DODIX's 4.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXNAX Fidelity U.S. Bond Index Fund | 2.92% | 2.91% | 2.43% | 2.06% | 3.07% | 2.67% | 2.73% | 2.58% | 2.54% | 2.75% | 2.59% | 2.39% |
DODIX Dodge & Cox Income Fund | 4.17% | 3.86% | 2.82% | 3.23% | 4.66% | 3.63% | 3.43% | 3.03% | 3.25% | 3.09% | 3.52% | 3.07% |
Drawdowns
FXNAX vs. DODIX - Drawdown Comparison
The maximum FXNAX drawdown since its inception was -18.64%, which is greater than DODIX's maximum drawdown of -16.38%. Use the drawdown chart below to compare losses from any high point for FXNAX and DODIX. For additional features, visit the drawdowns tool.
Volatility
FXNAX vs. DODIX - Volatility Comparison
The current volatility for Fidelity U.S. Bond Index Fund (FXNAX) is 1.74%, while Dodge & Cox Income Fund (DODIX) has a volatility of 1.94%. This indicates that FXNAX 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.