GF vs. DCINX
GF (The New Germany Fund) and DCINX (Dunham International Stock Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, GF returned 8.02%/yr vs 12.22%/yr for DCINX. Their 0.71 correlation means they have sometimes moved together and sometimes differently. GF charges 0.01%/yr vs 2.92%/yr for DCINX.
Performance
GF vs. DCINX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GF achieves a -0.63% return, which is significantly lower than DCINX's 23.03% return. Over the past 10 years, GF has underperformed DCINX with an annualized return of 8.02%, while DCINX has yielded a comparatively higher 12.22% annualized return.
GF
- 1D
- -1.06%
- 1M
- -3.20%
- 6M
- -4.96%
- YTD
- -0.63%
- 1Y
- 0.16%
- 3Y*
- 8.42%
- 5Y*
- -3.94%
- 10Y*
- 8.02%
- ALL TIME*
- 3.88%
DCINX
- 1D
- 2.47%
- 1M
- 0.37%
- 6M
- 13.10%
- YTD
- 23.03%
- 1Y
- 44.20%
- 3Y*
- 26.01%
- 5Y*
- 13.91%
- 10Y*
- 12.22%
- ALL TIME*
- 6.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $342.45K | $308.40K | $485.94K |
GF vs. DCINX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GF The New Germany Fund | -0.63% | 48.34% | -9.96% | 11.66% | -42.21% | 7.92% | 38.43% | 38.75% | -21.55% | 54.50% |
DCINX Dunham International Stock Fund | 23.03% | 46.37% | 7.65% | 15.98% | -14.67% | 9.70% | 19.86% | 18.14% | -14.27% | 24.40% |
Correlation
The correlation between GF and DCINX is 0.50, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.57 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.62 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.64 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2004 | 0.71 |
Over the past year, the correlation between GF and DCINX has dropped to 0.50 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GF vs. DCINX — Risk / Return Rank
GF
DCINX
GF vs. DCINX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The New Germany Fund (GF) and Dunham International Stock Fund (DCINX). 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.
| GF | DCINX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.48 | ||
| Sortino ratioReturn per unit of downside risk | -3.09 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.42 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | 3.57 | -3.70 |
| Martin ratioReturn relative to average drawdown | -0.37 | 13.03 | -13.39 |
Loading charts...
Drawdowns
GF vs. DCINX - Drawdown Comparison
The maximum GF drawdown since its inception was -85.97%, which is greater than DCINX's maximum drawdown of -61.79%. Use the drawdown chart below to compare losses from any high point for GF and DCINX.
Loading charts...
Drawdown Indicators
| GF | DCINX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.97% | -61.79% | -24.18% |
Max Drawdown (1Y)Largest decline over 1 year | -18.07% | -11.91% | -6.16% |
Max Drawdown (3Y)Largest decline over 3 years | -18.07% | -13.74% | -4.33% |
Max Drawdown (5Y)Largest decline over 5 years | -53.83% | -31.18% | -22.65% |
Max Drawdown (10Y)Largest decline over 10 years | -53.83% | -37.28% | -16.55% |
Current DrawdownCurrent decline from peak | -21.10% | -3.21% | -17.89% |
Average DrawdownAverage peak-to-trough decline | -33.87% | -12.78% | -21.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.52% | 3.26% | +3.26% |
Volatility
GF vs. DCINX - Volatility Comparison
The current volatility for The New Germany Fund (GF) is 5.23%, while Dunham International Stock Fund (DCINX) has a volatility of 5.70%. This indicates that GF experiences smaller price fluctuations and is considered to be less risky than DCINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GF | DCINX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 5.70% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 16.42% | 15.99% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.03% | 18.06% | +1.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.67% | 15.84% | +4.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.58% | 16.53% | +4.05% |
GF vs. DCINX - Expense Ratio Comparison
GF has a 0.01% expense ratio, which is lower than DCINX's 2.92% expense ratio.
Dividends
GF vs. DCINX - Dividend Comparison
GF's dividend yield for the trailing twelve months is around 2.53%, less than DCINX's 8.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DCINX Dunham International Stock Fund | 8.90% | 10.95% | 13.87% | 3.45% | 3.53% | 15.49% | 1.36% | 1.54% | 6.92% | 3.92% | 0.00% | 0.00% |
GF The New Germany Fund | 2.53% | 1.30% | 0.92% | 0.80% | 9.74% | 39.51% | 12.92% | 3.29% | 31.23% | 3.82% | 9.05% | 8.37% |
Frequently Asked Questions
GF and DCINX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DCINX has higher volatility (5.70%) compared to GF (5.23%). In terms of maximum drawdown, GF dropped -85.97% vs DCINX's -61.79%.
DCINX currently has the higher Sharpe Ratio (2.36 vs -0.12), 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.
Find the right allocation for GF and DCINX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer