LTEBX vs. DOXGX
Compare and contrast key facts about American Funds Limited Term Tax-Exempt Bond Fund (LTEBX) and Dodge & Cox Stock Fund (DOXGX).
LTEBX is managed by American Funds. It was launched on Oct 5, 1993. DOXGX is managed by Dodge & Cox. It was launched on Apr 1, 1965.
Performance
LTEBX vs. DOXGX - Performance Comparison
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LTEBX vs. DOXGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LTEBX American Funds Limited Term Tax-Exempt Bond Fund | -0.24% | 6.02% | 1.97% | 3.82% | 0.73% |
DOXGX Dodge & Cox Stock Fund | -1.63% | 13.77% | 14.47% | 17.60% | -2.46% |
Returns By Period
In the year-to-date period, LTEBX achieves a -0.24% return, which is significantly higher than DOXGX's -1.63% return.
LTEBX
- 1D
- 0.19%
- 1M
- -1.83%
- YTD
- -0.24%
- 6M
- 0.63%
- 1Y
- 4.04%
- 3Y*
- 3.28%
- 5Y*
- 1.27%
- 10Y*
- 1.73%
DOXGX
- 1D
- 2.09%
- 1M
- -5.28%
- YTD
- -1.63%
- 6M
- 0.67%
- 1Y
- 8.11%
- 3Y*
- 14.07%
- 5Y*
- —
- 10Y*
- —
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LTEBX vs. DOXGX - Expense Ratio Comparison
LTEBX has a 0.57% expense ratio, which is higher than DOXGX's 0.41% expense ratio.
Return for Risk
LTEBX vs. DOXGX — Risk / Return Rank
LTEBX
DOXGX
LTEBX vs. DOXGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Limited Term Tax-Exempt Bond Fund (LTEBX) and Dodge & Cox Stock Fund (DOXGX). 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.
| LTEBX | DOXGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.50 | 0.50 | +1.01 |
Sortino ratioReturn per unit of downside risk | 2.00 | 0.79 | +1.21 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.12 | +0.31 |
Calmar ratioReturn relative to maximum drawdown | 1.71 | 0.61 | +1.10 |
Martin ratioReturn relative to average drawdown | 6.81 | 2.53 | +4.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LTEBX | DOXGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 0.50 | +1.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.47 | 0.65 | +0.81 |
Correlation
The correlation between LTEBX and DOXGX is 0.10, 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.
Dividends
LTEBX vs. DOXGX - Dividend Comparison
LTEBX's dividend yield for the trailing twelve months is around 2.59%, less than DOXGX's 9.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTEBX American Funds Limited Term Tax-Exempt Bond Fund | 2.59% | 3.39% | 2.34% | 1.74% | 0.87% | 1.24% | 1.92% | 2.19% | 2.04% | 2.21% | 1.92% | 2.34% |
DOXGX Dodge & Cox Stock Fund | 9.99% | 9.96% | 8.30% | 3.86% | 4.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LTEBX vs. DOXGX - Drawdown Comparison
The maximum LTEBX drawdown since its inception was -8.33%, smaller than the maximum DOXGX drawdown of -16.47%. Use the drawdown chart below to compare losses from any high point for LTEBX and DOXGX.
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Drawdown Indicators
| LTEBX | DOXGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.33% | -16.47% | +8.14% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -12.23% | +9.32% |
Max Drawdown (5Y)Largest decline over 5 years | -8.33% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -8.33% | — | — |
Current DrawdownCurrent decline from peak | -2.08% | -5.34% | +3.26% |
Average DrawdownAverage peak-to-trough decline | -1.05% | -3.23% | +2.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.73% | 2.94% | -2.21% |
Volatility
LTEBX vs. DOXGX - Volatility Comparison
The current volatility for American Funds Limited Term Tax-Exempt Bond Fund (LTEBX) is 0.82%, while Dodge & Cox Stock Fund (DOXGX) has a volatility of 4.27%. This indicates that LTEBX experiences smaller price fluctuations and is considered to be less risky than DOXGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LTEBX | DOXGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.82% | 4.27% | -3.45% |
Volatility (6M)Calculated over the trailing 6-month period | 1.24% | 8.77% | -7.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.94% | 16.36% | -13.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.28% | 15.91% | -13.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.33% | 15.91% | -13.58% |