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LSGBX vs. DOXLX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

LSGBX vs. DOXLX

Last updated Jun 23, 2026

LSGBX (Loomis Sayles Global Bond Fund) and DOXLX (Dodge & Cox Global Bond Fund) are both Global Bonds funds. Over the past 3 years, LSGBX returned 3.13%/yr vs 6.66%/yr for DOXLX. Their correlation of 0.85 suggests significant overlap in exposure. LSGBX charges 0.69%/yr vs 0.37%/yr for DOXLX.

Performance

LSGBX vs. DOXLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Loomis Sayles Global Bond Fund (LSGBX) and Dodge & Cox Global Bond Fund (DOXLX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, LSGBX achieves a -0.26% return, which is significantly lower than DOXLX's 1.25% return.

LSGBX

1D
-0.13%
1M
0.32%
YTD
-0.26%
6M
0.13%
1Y
1.82%
3Y*
3.13%
5Y*
-2.02%
10Y*
0.79%

DOXLX

1D
-0.09%
1M
0.98%
YTD
1.25%
6M
1.61%
1Y
6.29%
3Y*
6.66%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

LSGBX vs. DOXLX - Yearly Performance Comparison

2026 (YTD)2025202420232022
LSGBX
Loomis Sayles Global Bond Fund		-0.26%8.52%-2.46%5.48%-5.71%
DOXLX
Dodge & Cox Global Bond Fund		1.25%11.60%0.63%12.48%0.43%

Correlation

The correlation between LSGBX and DOXLX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.82

Correlation (3Y)
Calculated over the trailing 3-year period

0.87

Correlation (All Time)
Calculated using the full available price history since May 3, 2022

0.85

The correlation between LSGBX and DOXLX has been stable across timeframes, ranging from 0.82 to 0.86 - a consistent structural relationship.

Compare stocks, funds, or ETFs

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Loomis Sayles Global Bond Fund

Dodge & Cox Global Bond Fund

Often compared with LSGBX:
LSGBX vs. IAGGLSGBX vs. VBTLXLSGBX vs. LSSCXLSGBX vs. LSHIXLSGBX vs. LSMIXLSGBX vs. LSFIXLSGBX vs. LSGSX
Often compared with DOXLX:
DOXLX vs. DODFXDOXLX vs. DODLXDOXLX vs. DODIXDOXLX vs. DODGXDOXLX vs. DOXFXDOXLX vs. DOXIXDOXLX vs. DODBX

Return for Risk

LSGBX vs. DOXLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LSGBX
LSGBX Risk / Return Rank: 66
Overall Rank
LSGBX Sharpe Ratio Rank: 66
Sharpe Ratio Rank
LSGBX Sortino Ratio Rank: 55
Sortino Ratio Rank
LSGBX Omega Ratio Rank: 55
Omega Ratio Rank
LSGBX Calmar Ratio Rank: 66
Calmar Ratio Rank
LSGBX Martin Ratio Rank: 66
Martin Ratio Rank
DOXLX
DOXLX Risk / Return Rank: 2828
Overall Rank
DOXLX Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
DOXLX Sortino Ratio Rank: 3030
Sortino Ratio Rank
DOXLX Omega Ratio Rank: 3030
Omega Ratio Rank
DOXLX Calmar Ratio Rank: 2525
Calmar Ratio Rank
DOXLX Martin Ratio Rank: 2323
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LSGBX vs. DOXLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Global Bond Fund (LSGBX) and Dodge & Cox Global Bond Fund (DOXLX). 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.

LSGBXDOXLXDifference
Sharpe ratioReturn per unit of total volatility
0.39
1.45

-1.06

Sortino ratioReturn per unit of downside risk
0.61
2.13

-1.52

Omega ratioGain probability vs. loss probability

1.07

1.27

-0.20

Calmar ratioReturn relative to maximum drawdown

0.54

1.73

-1.20

Martin ratioReturn relative to average drawdown

1.34

5.27

-3.92

LSGBX vs. DOXLX - Sharpe Ratio Comparison

The current LSGBX Sharpe Ratio is 0.39, which is lower than the DOXLX Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of LSGBX and DOXLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

LSGBX vs. DOXLX - Drawdown Comparison

The maximum LSGBX drawdown since its inception was -26.86%, which is greater than DOXLX's maximum drawdown of -8.14%. Use the drawdown chart below to compare losses from any high point for LSGBX and DOXLX.

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Drawdown Indicators

LSGBXDOXLXDifference

Max Drawdown

Largest peak-to-trough decline

-26.86%

-8.14%

-18.72%

Max Drawdown (1Y)

Largest decline over 1 year

-4.05%

-3.65%

-0.40%

Max Drawdown (3Y)

Largest decline over 3 years

-7.42%

-6.12%

-1.30%

Max Drawdown (5Y)

Largest decline over 5 years

-25.24%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-26.86%

—

—

Current Drawdown

Current decline from peak

-12.57%

-1.47%

-11.10%

Average Drawdown

Average peak-to-trough decline

-4.81%

-1.63%

-3.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.52%

1.20%

+0.32%

Volatility

LSGBX vs. DOXLX - Volatility Comparison

Loomis Sayles Global Bond Fund (LSGBX) and Dodge & Cox Global Bond Fund (DOXLX) have volatilities of 1.44% and 1.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

LSGBXDOXLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.44%

1.49%

-0.05%

Volatility (6M)

Calculated over the trailing 6-month period

3.90%

3.47%

+0.43%

Volatility (1Y)

Calculated over the trailing 1-year period

5.55%

4.36%

+1.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.65%

5.47%

+1.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.80%

5.47%

+0.33%

LSGBX vs. DOXLX - Expense Ratio Comparison

LSGBX has a 0.69% expense ratio, which is higher than DOXLX's 0.37% expense ratio.

Dividends

LSGBX vs. DOXLX - Dividend Comparison

LSGBX's dividend yield for the trailing twelve months is around 0.11%, less than DOXLX's 4.11% yield.

PositionTTM2025202420232022202120202019201820172016
DOXLX
Dodge & Cox Global Bond Fund		4.11%4.14%4.81%3.36%4.58%0.00%0.00%0.00%0.00%0.00%0.00%
LSGBX
Loomis Sayles Global Bond Fund		0.11%0.11%0.00%0.00%0.00%4.31%4.94%1.75%0.66%0.28%0.43%

Frequently Asked Questions

LSGBX and DOXLX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DOXLX has higher volatility (1.49%) compared to LSGBX (1.44%). In terms of maximum drawdown, LSGBX dropped -26.86% vs DOXLX's -8.14%.

DOXLX currently has the higher Sharpe Ratio (1.45 vs 0.39), 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.

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