MMIBX vs. DODIX
Compare and contrast key facts about MFS Municipal Income Fund (MMIBX) and Dodge & Cox Income Fund (DODIX).
MMIBX is managed by MFS. It was launched on Dec 28, 1986. DODIX is managed by Dodge & Cox.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MMIBX or DODIX.
Performance
MMIBX vs. DODIX - Performance Comparison
Returns By Period
In the year-to-date period, MMIBX achieves a 3.06% return, which is significantly higher than DODIX's 2.47% return. Over the past 10 years, MMIBX has underperformed DODIX with an annualized return of 1.82%, while DODIX has yielded a comparatively higher 2.59% annualized return.
MMIBX
3.06%
-0.47%
2.88%
8.54%
0.51%
1.82%
DODIX
2.47%
-1.72%
3.13%
7.88%
1.40%
2.59%
Key characteristics
| MMIBX | DODIX | |
|---|---|---|
| Sharpe Ratio | 2.32 | 1.47 |
| Sortino Ratio | 3.47 | 2.16 |
| Omega Ratio | 1.52 | 1.26 |
| Calmar Ratio | 0.75 | 0.85 |
| Martin Ratio | 10.29 | 5.47 |
| Ulcer Index | 0.88% | 1.59% |
| Daily Std Dev | 3.92% | 5.92% |
| Max Drawdown | -16.77% | -16.38% |
| Current Drawdown | -4.44% | -3.82% |
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MMIBX vs. DODIX - Expense Ratio Comparison
MMIBX has a 1.45% expense ratio, which is higher than DODIX's 0.41% expense ratio.
Correlation
The correlation between MMIBX and DODIX is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
MMIBX vs. DODIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Municipal Income Fund (MMIBX) 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
MMIBX vs. DODIX - Dividend Comparison
MMIBX's dividend yield for the trailing twelve months is around 2.71%, less than DODIX's 4.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MMIBX MFS Municipal Income Fund | 2.71% | 2.47% | 1.92% | 1.45% | 1.86% | 2.29% | 2.69% | 2.69% | 2.88% | 2.75% | 2.70% | 3.06% |
DODIX Dodge & Cox Income Fund | 4.18% | 3.86% | 2.84% | 1.89% | 2.44% | 3.04% | 3.00% | 2.76% | 3.11% | 3.03% | 3.84% | 3.07% |
Drawdowns
MMIBX vs. DODIX - Drawdown Comparison
The maximum MMIBX drawdown since its inception was -16.77%, roughly equal to the maximum DODIX drawdown of -16.38%. Use the drawdown chart below to compare losses from any high point for MMIBX and DODIX. For additional features, visit the drawdowns tool.
Volatility
MMIBX vs. DODIX - Volatility Comparison
MFS Municipal Income Fund (MMIBX) has a higher volatility of 1.96% compared to Dodge & Cox Income Fund (DODIX) at 1.68%. This indicates that MMIBX's price experiences larger fluctuations and is considered to be riskier than DODIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.