MPGFX vs. DODGX

Last updated Jun 5, 2026

MPGFX (Mairs & Power Growth Fund) and DODGX (Dodge & Cox Stock Fund Class I) are both mutual funds - MPGFX is a Large Cap Blend Equities fund managed by Mairs & Power, while DODGX is a Large Cap Value Equities fund actively managed by Dodge & Cox. Over the past 10 years, MPGFX returned 12.47%/yr vs 12.63%/yr for DODGX. A 0.79 correlation means they provide meaningful diversification when combined. MPGFX charges 0.61%/yr vs 0.51%/yr for DODGX.

Performance

MPGFX vs. DODGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mairs & Power Growth Fund (MPGFX) and Dodge & Cox Stock Fund Class I (DODGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MPGFX achieves a 8.15% return, which is significantly higher than DODGX's 2.62% return. Both investments have delivered pretty close results over the past 10 years, with MPGFX having a 12.47% annualized return and DODGX not far ahead at 12.63%.

MPGFX

• 1D: -1.07%
• 1M: 1.27%
• YTD: 8.15%
• 6M: 8.70%
• 1Y: 22.31%
• 3Y*: 16.86%
• 5Y*: 10.04%
• 10Y*: 12.47%

DODGX

• 1D: -0.30%
• 1M: -0.18%
• YTD: 2.62%
• 6M: 4.59%
• 1Y: 12.14%
• 3Y*: 14.90%
• 5Y*: 8.31%
• 10Y*: 12.63%

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

MPGFX vs. DODGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MPGFX Mairs & Power Growth Fund	8.15%	10.55%	19.61%	27.70%	-21.28%	29.42%	16.80%	28.40%	-4.27%	16.54%
DODGX Dodge & Cox Stock Fund Class I	2.62%	13.66%	14.36%	17.49%	-7.25%	31.72%	7.10%	24.30%	-7.15%	18.33%

Correlation

The correlation between MPGFX and DODGX is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 3, 1980	0.79

The correlation between MPGFX and DODGX has been stable across timeframes, ranging from 0.74 to 0.84 - a consistent structural relationship.

Return for Risk

MPGFX vs. DODGX — Risk / Return Rank

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

MPGFX

MPGFX Risk / Return Rank: 40
MPGFX Sharpe Ratio Rank: 39
MPGFX Sortino Ratio Rank: 36
MPGFX Omega Ratio Rank: 37
MPGFX Calmar Ratio Rank: 39
MPGFX Martin Ratio Rank: 46

DODGX

DODGX Risk / Return Rank: 17
DODGX Sharpe Ratio Rank: 15
DODGX Sortino Ratio Rank: 15
DODGX Omega Ratio Rank: 14
DODGX Calmar Ratio Rank: 20
DODGX Martin Ratio Rank: 23

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.

MPGFX vs. DODGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mairs & Power Growth Fund (MPGFX) and Dodge & Cox Stock Fund Class I (DODGX). 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.

	MPGFX	DODGX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.11	+0.71
Sortino ratio: Return per unit of downside risk	2.50	1.61	+0.90
Omega ratio: Gain probability vs. loss probability	1.33	1.20	+0.13
Calmar ratio: Return relative to maximum drawdown	2.37	1.63	+0.74
Martin ratio: Return relative to average drawdown	9.63	5.74	+3.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MPGFX vs. DODGX - Sharpe Ratio Comparison

The current MPGFX Sharpe Ratio is 1.82, which is higher than the DODGX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of MPGFX and DODGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MPGFX	DODGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	1.11	+0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.52	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.66	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.63	-0.31

Drawdowns

MPGFX vs. DODGX - Drawdown Comparison

The maximum MPGFX drawdown since its inception was -61.00%, roughly equal to the maximum DODGX drawdown of -63.24%. Use the drawdown chart below to compare losses from any high point for MPGFX and DODGX.

Drawdown Indicators

	MPGFX	DODGX	Difference
Max Drawdown Largest peak-to-trough decline	-61.00%	-63.24%	+2.24%
Max Drawdown (1Y) Largest decline over 1 year	-9.54%	-7.48%	-2.06%
Max Drawdown (3Y) Largest decline over 3 years	-19.03%	-14.89%	-4.14%
Max Drawdown (5Y) Largest decline over 5 years	-25.87%	-21.85%	-4.02%
Max Drawdown (10Y) Largest decline over 10 years	-33.08%	-40.41%	+7.33%
Current Drawdown Current decline from peak	-1.47%	-1.81%	+0.34%
Average Drawdown Average peak-to-trough decline	-14.70%	-7.51%	-7.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	2.12%	+0.23%

Volatility

MPGFX vs. DODGX - Volatility Comparison

Mairs & Power Growth Fund (MPGFX) has a higher volatility of 2.79% compared to Dodge & Cox Stock Fund Class I (DODGX) at 2.33%. This indicates that MPGFX's price experiences larger fluctuations and is considered to be riskier than DODGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MPGFX	DODGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.79%	2.33%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	9.35%	7.97%	+1.38%
Volatility (1Y) Calculated over the trailing 1-year period	12.49%	11.05%	+1.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.28%	15.95%	+1.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.09%	19.21%	-1.12%

MPGFX vs. DODGX - Expense Ratio Comparison

MPGFX has a 0.61% expense ratio, which is higher than DODGX's 0.51% expense ratio.

Dividends

MPGFX vs. DODGX - Dividend Comparison

MPGFX's dividend yield for the trailing twelve months is around 4.15%, less than DODGX's 9.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DODGX Dodge & Cox Stock Fund Class I	9.47%	9.86%	8.20%	3.76%	5.47%	3.22%	6.74%	10.23%	9.69%	6.78%	6.26%	5.36%
MPGFX Mairs & Power Growth Fund	4.15%	4.48%	3.84%	2.34%	8.80%	8.13%	8.81%	7.39%	8.76%	9.47%	5.84%	7.92%

Frequently Asked Questions

Can I hold both MPGFX and DODGX in my portfolio?

MPGFX and DODGX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MPGFX or DODGX?

MPGFX has higher volatility (2.79%) compared to DODGX (2.33%). In terms of maximum drawdown, MPGFX dropped -61.00% vs DODGX's -63.24%.

Which has better risk-adjusted returns?

MPGFX currently has the higher Sharpe Ratio (1.82 vs 1.11), 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.