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:
2.95
DODIX:
1.29
MTGDX:
4.64
DODIX:
1.92
MTGDX:
1.59
DODIX:
1.22
MTGDX:
5.67
DODIX:
0.69
MTGDX:
16.65
DODIX:
3.27
MTGDX:
0.81%
DODIX:
2.21%
MTGDX:
4.58%
DODIX:
5.60%
MTGDX:
-12.97%
DODIX:
-18.50%
MTGDX:
-1.27%
DODIX:
-4.07%
Returns By Period
In the year-to-date period, MTGDX achieves a 2.39% return, which is significantly higher than DODIX's 1.69% return. Over the past 10 years, MTGDX has outperformed DODIX with an annualized return of 4.22%, while DODIX has yielded a comparatively lower 1.96% annualized return.
MTGDX
2.39%
-0.17%
2.93%
13.51%
5.74%
4.22%
DODIX
1.69%
-1.11%
-0.31%
6.98%
0.49%
1.96%
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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 7.66%, more than DODIX's 4.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTGDX Morgan Stanley Mortgage Securities Trust | 7.66% | 8.30% | 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 | 4.22% | 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 1.51%, while Dodge & Cox Income Fund (DODIX) has a volatility of 2.15%. 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.