MWTIX vs. DODIX
Compare and contrast key facts about Metropolitan West Total Return Bond Fund Class I (MWTIX) and Dodge & Cox Income Fund (DODIX).
MWTIX is managed by Metropolitan West Funds. DODIX is managed by Dodge & Cox.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MWTIX or DODIX.
Performance
MWTIX vs. DODIX - Performance Comparison
Returns By Period
In the year-to-date period, MWTIX achieves a 1.06% return, which is significantly lower than DODIX's 2.71% return. Over the past 10 years, MWTIX has underperformed DODIX with an annualized return of 0.58%, while DODIX has yielded a comparatively higher 2.58% annualized return.
MWTIX
1.06%
-0.72%
3.38%
6.70%
-1.37%
0.58%
DODIX
2.71%
-0.40%
3.54%
7.69%
1.45%
2.58%
Key characteristics
| MWTIX | DODIX | |
|---|---|---|
| Sharpe Ratio | 1.01 | 1.31 |
| Sortino Ratio | 1.48 | 1.92 |
| Omega Ratio | 1.18 | 1.23 |
| Calmar Ratio | 0.34 | 0.76 |
| Martin Ratio | 3.07 | 4.61 |
| Ulcer Index | 2.18% | 1.67% |
| Daily Std Dev | 6.65% | 5.89% |
| Max Drawdown | -23.26% | -16.38% |
| Current Drawdown | -13.65% | -3.59% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MWTIX vs. DODIX - Expense Ratio Comparison
MWTIX has a 0.45% expense ratio, which is higher than DODIX's 0.41% expense ratio.
Correlation
The correlation between MWTIX and DODIX is 0.82, 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.
Risk-Adjusted Performance
MWTIX vs. DODIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Metropolitan West Total Return Bond Fund Class I (MWTIX) 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
MWTIX vs. DODIX - Dividend Comparison
MWTIX's dividend yield for the trailing twelve months is around 4.38%, more than DODIX's 4.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWTIX Metropolitan West Total Return Bond Fund Class I | 4.38% | 4.11% | 2.93% | 1.30% | 1.78% | 2.76% | 2.73% | 2.16% | 2.09% | 1.84% | 2.30% | 3.13% |
DODIX Dodge & Cox Income Fund | 4.17% | 3.86% | 2.84% | 1.89% | 2.44% | 3.04% | 3.00% | 2.76% | 3.11% | 3.03% | 3.84% | 3.07% |
Drawdowns
MWTIX vs. DODIX - Drawdown Comparison
The maximum MWTIX drawdown since its inception was -23.26%, which is greater than DODIX's maximum drawdown of -16.38%. Use the drawdown chart below to compare losses from any high point for MWTIX and DODIX. For additional features, visit the drawdowns tool.
Volatility
MWTIX vs. DODIX - Volatility Comparison
Metropolitan West Total Return Bond Fund Class I (MWTIX) has a higher volatility of 1.62% compared to Dodge & Cox Income Fund (DODIX) at 1.53%. This indicates that MWTIX'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.