MISIX vs. DOXGX

Last updated Jun 23, 2026

MISIX (Victory Trivalent International Small-Cap Fund Class I) and DOXGX (Dodge & Cox Stock Fund) are both mutual funds - MISIX is a Mid Cap Blend Equities fund managed by Victory, while DOXGX is a Large Cap Value Equities fund managed by Dodge & Cox. Over the past 3 years, MISIX returned 20.40%/yr vs 14.08%/yr for DOXGX. A 0.72 correlation means they provide meaningful diversification when combined. MISIX charges 0.97%/yr vs 0.41%/yr for DOXGX.

Performance

MISIX vs. DOXGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory Trivalent International Small-Cap Fund Class I (MISIX) and Dodge & Cox Stock Fund (DOXGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MISIX achieves a 13.49% return, which is significantly higher than DOXGX's 2.95% return.

MISIX

• 1D: 0.36%
• 1M: 0.99%
• YTD: 13.49%
• 6M: 13.32%
• 1Y: 32.36%
• 3Y*: 20.40%
• 5Y*: 8.87%
• 10Y*: 10.36%

DOXGX

• 1D: -0.30%
• 1M: -0.77%
• YTD: 2.95%
• 6M: 2.71%
• 1Y: 11.77%
• 3Y*: 14.08%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MISIX vs. DOXGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MISIX Victory Trivalent International Small-Cap Fund Class I	13.49%	42.00%	4.70%	15.49%	-7.86%
DOXGX Dodge & Cox Stock Fund	2.95%	13.77%	14.47%	17.60%	-2.46%

Correlation

The correlation between MISIX and DOXGX is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (All Time) Calculated using the full available price history since May 3, 2022	0.72

The correlation between MISIX and DOXGX shifts across timeframes, from 0.59 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MISIX vs. DOXGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MISIX

MISIX Risk / Return Rank: 48
MISIX Sharpe Ratio Rank: 52
MISIX Sortino Ratio Rank: 50
MISIX Omega Ratio Rank: 51
MISIX Calmar Ratio Rank: 41
MISIX Martin Ratio Rank: 45

DOXGX

DOXGX Risk / Return Rank: 18
DOXGX Sharpe Ratio Rank: 15
DOXGX Sortino Ratio Rank: 15
DOXGX Omega Ratio Rank: 14
DOXGX Calmar Ratio Rank: 21
DOXGX Martin Ratio Rank: 24

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.

MISIX vs. DOXGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory Trivalent International Small-Cap Fund Class I (MISIX) 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.

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.

	MISIX	DOXGX	Difference
Sharpe ratio: Return per unit of total volatility	1.97	1.02	+0.95
Sortino ratio: Return per unit of downside risk	2.73	1.49	+1.24
Omega ratio: Gain probability vs. loss probability	1.36	1.18	+0.18
Calmar ratio: Return relative to maximum drawdown	2.32	1.56	+0.76
Martin ratio: Return relative to average drawdown	8.99	5.47	+3.51

MISIX vs. DOXGX - Sharpe Ratio Comparison

The current MISIX Sharpe Ratio is 1.97, which is higher than the DOXGX Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of MISIX and DOXGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MISIX vs. DOXGX - Drawdown Comparison

The maximum MISIX drawdown since its inception was -67.61%, which is greater than DOXGX's maximum drawdown of -16.47%. Use the drawdown chart below to compare losses from any high point for MISIX and DOXGX.

Drawdown Indicators

	MISIX	DOXGX	Difference
Max Drawdown Largest peak-to-trough decline	-67.61%	-16.47%	-51.14%
Max Drawdown (1Y) Largest decline over 1 year	-13.84%	-7.51%	-6.33%
Max Drawdown (3Y) Largest decline over 3 years	-14.15%	-14.88%	+0.73%
Max Drawdown (5Y) Largest decline over 5 years	-37.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-41.82%	—	—
Current Drawdown Current decline from peak	-1.53%	-1.98%	+0.45%
Average Drawdown Average peak-to-trough decline	-16.83%	-3.12%	-13.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.56%	2.13%	+1.43%

Volatility

MISIX vs. DOXGX - Volatility Comparison

Victory Trivalent International Small-Cap Fund Class I (MISIX) has a higher volatility of 6.21% compared to Dodge & Cox Stock Fund (DOXGX) at 3.81%. This indicates that MISIX's price experiences larger fluctuations and is considered to be riskier than DOXGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MISIX	DOXGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	3.81%	+2.40%
Volatility (6M) Calculated over the trailing 6-month period	14.02%	8.48%	+5.54%
Volatility (1Y) Calculated over the trailing 1-year period	16.31%	11.48%	+4.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.06%	15.70%	+2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.97%	15.70%	+2.27%

MISIX vs. DOXGX - Expense Ratio Comparison

MISIX has a 0.97% expense ratio, which is higher than DOXGX's 0.41% expense ratio.

Dividends

MISIX vs. DOXGX - Dividend Comparison

MISIX's dividend yield for the trailing twelve months is around 5.33%, less than DOXGX's 9.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DOXGX Dodge & Cox Stock Fund	9.55%	9.96%	8.30%	3.86%	4.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MISIX Victory Trivalent International Small-Cap Fund Class I	5.33%	6.05%	2.27%	1.90%	1.12%	8.61%	0.41%	1.99%	3.59%	1.85%	1.56%	1.21%

Frequently Asked Questions

Can I hold both MISIX and DOXGX in my portfolio?

MISIX and DOXGX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MISIX or DOXGX?

MISIX has higher volatility (6.21%) compared to DOXGX (3.81%). In terms of maximum drawdown, MISIX dropped -67.61% vs DOXGX's -16.47%.

Which has better risk-adjusted returns?

MISIX currently has the higher Sharpe Ratio (1.97 vs 1.02), 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.