MTGDX vs. DODIX
Compare and contrast key facts about Morgan Stanley Mortgage Securities Trust (MTGDX) and Dodge & Cox Income Fund (DODIX).
MTGDX is managed by Morgan Stanley. It was launched on Jul 28, 1997. DODIX is managed by Dodge & Cox.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTGDX or DODIX.
Correlation
The correlation between MTGDX and DODIX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MTGDX vs. DODIX - Performance Comparison
Key characteristics
MTGDX:
2.63
DODIX:
0.94
MTGDX:
3.91
DODIX:
1.39
MTGDX:
1.52
DODIX:
1.16
MTGDX:
5.20
DODIX:
0.49
MTGDX:
13.48
DODIX:
2.34
MTGDX:
0.92%
DODIX:
2.20%
MTGDX:
4.72%
DODIX:
5.49%
MTGDX:
-12.97%
DODIX:
-18.50%
MTGDX:
-0.26%
DODIX:
-4.60%
Returns By Period
In the year-to-date period, MTGDX achieves a 0.93% return, which is significantly lower than DODIX's 1.13% return. Over the past 10 years, MTGDX has outperformed DODIX with an annualized return of 4.18%, while DODIX has yielded a comparatively lower 2.00% annualized return.
MTGDX
0.93%
0.93%
3.40%
12.54%
3.72%
4.18%
DODIX
1.13%
0.89%
-0.94%
5.33%
0.34%
2.00%
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MTGDX vs. DODIX - Expense Ratio Comparison
MTGDX has a 0.72% expense ratio, which is higher than DODIX's 0.41% expense ratio.
Risk-Adjusted Performance
MTGDX vs. DODIX — Risk-Adjusted Performance Rank
MTGDX
DODIX
MTGDX vs. DODIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Mortgage Securities Trust (MTGDX) 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
MTGDX vs. DODIX - Dividend Comparison
MTGDX's dividend yield for the trailing twelve months is around 8.54%, more than DODIX's 4.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTGDX Morgan Stanley Mortgage Securities Trust | 8.54% | 8.82% | 6.83% | 6.30% | 3.47% | 3.83% | 3.94% | 4.13% | 4.69% | 4.06% | 5.05% | 7.26% |
DODIX Dodge & Cox Income Fund | 4.19% | 4.24% | 3.86% | 2.84% | 1.89% | 2.44% | 3.04% | 3.00% | 2.76% | 3.11% | 3.03% | 3.84% |
Drawdowns
MTGDX vs. DODIX - Drawdown Comparison
The maximum MTGDX drawdown since its inception was -12.97%, smaller than the maximum DODIX drawdown of -18.50%. Use the drawdown chart below to compare losses from any high point for MTGDX and DODIX. For additional features, visit the drawdowns tool.
Volatility
MTGDX vs. DODIX - Volatility Comparison
The current volatility for Morgan Stanley Mortgage Securities Trust (MTGDX) is 1.12%, while Dodge & Cox Income Fund (DODIX) has a volatility of 1.47%. This indicates that MTGDX experiences smaller price fluctuations and is considered to be less risky than DODIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.