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.
Correlation
The correlation between GIOIX and DODIX is 0.38, 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.
Performance
GIOIX vs. DODIX - Performance Comparison
Key characteristics
GIOIX:
3.99
DODIX:
1.30
GIOIX:
8.45
DODIX:
1.90
GIOIX:
2.17
DODIX:
1.23
GIOIX:
9.14
DODIX:
0.68
GIOIX:
29.86
DODIX:
3.23
GIOIX:
0.30%
DODIX:
2.22%
GIOIX:
2.21%
DODIX:
5.53%
GIOIX:
-12.22%
DODIX:
-18.50%
GIOIX:
-0.04%
DODIX:
-2.61%
Returns By Period
In the year-to-date period, GIOIX achieves a 1.29% return, which is significantly lower than DODIX's 3.23% return. Over the past 10 years, GIOIX has outperformed DODIX with an annualized return of 3.90%, while DODIX has yielded a comparatively lower 2.24% annualized return.
GIOIX
1.29%
0.40%
2.88%
8.30%
4.56%
3.90%
DODIX
3.23%
2.65%
1.20%
6.57%
0.60%
2.24%
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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.
Dividends
GIOIX vs. DODIX - Dividend Comparison
GIOIX's dividend yield for the trailing twelve months is around 5.41%, more than DODIX's 4.11% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIOIX Guggenheim Macro Opportunities Fund | 5.41% | 5.89% | 6.45% | 5.12% | 3.89% | 4.05% | 3.29% | 3.55% | 3.54% | 5.38% | 5.48% | 4.96% |
DODIX Dodge & Cox Income Fund | 4.11% | 4.24% | 3.86% | 2.84% | 1.89% | 2.44% | 3.04% | 3.00% | 2.76% | 3.11% | 3.03% | 3.84% |
Drawdowns
GIOIX vs. DODIX - Drawdown Comparison
The maximum GIOIX drawdown since its inception was -12.22%, smaller than the maximum DODIX drawdown of -18.50%. Use the drawdown chart below to compare losses from any high point for GIOIX and DODIX. For additional features, visit the drawdowns tool.
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 1.54%. 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.