Correlation
The correlation between GIOIX and DODIX is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
GIOIX vs. DODIX
Compare and contrast key facts about Guggenheim Macro Opportunities Fund (GIOIX) and Dodge & Cox Income Fund (DODIX).
GIOIX is managed by Guggenheim Investments. It was launched on Nov 29, 2011. DODIX is managed by Dodge & Cox.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GIOIX or DODIX.
Performance
GIOIX vs. DODIX - Performance Comparison
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Key characteristics
GIOIX:
3.34
DODIX:
1.01
GIOIX:
5.94
DODIX:
1.38
GIOIX:
1.88
DODIX:
1.16
GIOIX:
4.20
DODIX:
0.76
GIOIX:
18.05
DODIX:
2.29
GIOIX:
0.44%
DODIX:
2.31%
GIOIX:
2.45%
DODIX:
5.64%
GIOIX:
-12.22%
DODIX:
-16.37%
GIOIX:
0.00%
DODIX:
-2.17%
Returns By Period
The year-to-date returns for both stocks are quite close, with GIOIX having a 2.02% return and DODIX slightly lower at 1.97%. Over the past 10 years, GIOIX has outperformed DODIX with an annualized return of 3.92%, while DODIX has yielded a comparatively lower 2.56% annualized return.
GIOIX
2.02%
0.83%
2.40%
8.12%
5.73%
5.22%
3.92%
DODIX
1.97%
-1.26%
0.35%
6.05%
2.60%
0.87%
2.56%
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GIOIX vs. DODIX - Expense Ratio Comparison
GIOIX has a 0.96% expense ratio, which is higher than DODIX's 0.41% expense ratio.
Risk-Adjusted Performance
GIOIX vs. DODIX — Risk-Adjusted Performance Rank
GIOIX
DODIX
GIOIX vs. DODIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Macro Opportunities Fund (GIOIX) 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.
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Dividends
GIOIX vs. DODIX - Dividend Comparison
GIOIX's dividend yield for the trailing twelve months is around 5.82%, more than DODIX's 4.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIOIX Guggenheim Macro Opportunities Fund | 5.82% | 5.89% | 6.45% | 5.12% | 3.89% | 4.05% | 3.29% | 3.64% | 3.54% | 5.38% | 5.48% | 4.96% |
DODIX Dodge & Cox Income Fund | 4.24% | 4.24% | 3.86% | 2.84% | 3.23% | 4.66% | 3.63% | 3.43% | 3.03% | 3.25% | 3.09% | 3.52% |
Drawdowns
GIOIX vs. DODIX - Drawdown Comparison
The maximum GIOIX drawdown since its inception was -12.22%, smaller than the maximum DODIX drawdown of -16.37%. Use the drawdown chart below to compare losses from any high point for GIOIX and DODIX.
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Volatility
GIOIX vs. DODIX - Volatility Comparison
The current volatility for Guggenheim Macro Opportunities Fund (GIOIX) is 0.62%, while Dodge & Cox Income Fund (DODIX) has a volatility of 1.48%. This indicates that GIOIX 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.
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