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:
3.22
DODIX:
0.42
GIOIX:
6.27
DODIX:
0.62
GIOIX:
1.87
DODIX:
1.07
GIOIX:
7.78
DODIX:
0.29
GIOIX:
23.32
DODIX:
1.26
GIOIX:
0.33%
DODIX:
1.89%
GIOIX:
2.38%
DODIX:
5.68%
GIOIX:
-12.22%
DODIX:
-16.38%
GIOIX:
-0.80%
DODIX:
-4.13%
Returns By Period
In the year-to-date period, GIOIX achieves a 6.77% return, which is significantly higher than DODIX's 2.13% return. Over the past 10 years, GIOIX has outperformed DODIX with an annualized return of 3.85%, while DODIX has yielded a comparatively lower 2.47% annualized return.
GIOIX
6.77%
-0.48%
3.78%
7.45%
4.25%
3.85%
DODIX
2.13%
-1.35%
1.49%
1.65%
1.22%
2.47%
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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 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 5.68%, more than DODIX's 4.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIOIX Guggenheim Macro Opportunities Fund | 5.68% | 6.45% | 5.12% | 3.89% | 4.05% | 3.29% | 3.55% | 3.54% | 5.38% | 5.48% | 4.96% | 5.43% |
DODIX Dodge & Cox Income Fund | 4.20% | 3.86% | 2.82% | 3.23% | 4.66% | 3.63% | 3.43% | 3.03% | 3.25% | 3.09% | 3.52% | 3.07% |
Drawdowns
GIOIX vs. DODIX - Drawdown Comparison
The maximum GIOIX drawdown since its inception was -12.22%, smaller than the maximum DODIX drawdown of -16.38%. 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 0.41%, while Dodge & Cox Income Fund (DODIX) has a volatility of 1.36%. 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.