MWTRX vs. DODIX
Compare and contrast key facts about Metropolitan West Total Return Bond Fund (MWTRX) and Dodge & Cox Income Fund (DODIX).
MWTRX is managed by Metropolitan West Funds. It was launched on Mar 31, 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: MWTRX or DODIX.
Key characteristics
| MWTRX | DODIX | |
|---|---|---|
| YTD Return | 0.88% | 2.63% |
| 1Y Return | 6.85% | 8.23% |
| 3Y Return (Ann) | -3.17% | -0.51% |
| 5Y Return (Ann) | -1.54% | 1.46% |
| 10Y Return (Ann) | 0.39% | 2.60% |
| Sharpe Ratio | 1.22 | 1.58 |
| Sortino Ratio | 1.78 | 2.34 |
| Omega Ratio | 1.22 | 1.28 |
| Calmar Ratio | 0.41 | 0.89 |
| Martin Ratio | 4.05 | 6.17 |
| Ulcer Index | 2.06% | 1.55% |
| Daily Std Dev | 6.83% | 6.07% |
| Max Drawdown | -23.59% | -16.38% |
| Current Drawdown | -14.33% | -3.66% |
Correlation
The correlation between MWTRX and DODIX is 0.81, 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
MWTRX vs. DODIX - Performance Comparison
In the year-to-date period, MWTRX achieves a 0.88% return, which is significantly lower than DODIX's 2.63% return. Over the past 10 years, MWTRX has underperformed DODIX with an annualized return of 0.39%, while DODIX has yielded a comparatively higher 2.60% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MWTRX vs. DODIX - Expense Ratio Comparison
MWTRX has a 0.65% expense ratio, which is higher than DODIX's 0.41% expense ratio.
Risk-Adjusted Performance
MWTRX vs. DODIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Metropolitan West Total Return Bond Fund (MWTRX) 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
MWTRX vs. DODIX - Dividend Comparison
MWTRX's dividend yield for the trailing twelve months is around 4.17%, which matches DODIX's 4.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWTRX Metropolitan West Total Return Bond Fund | 4.17% | 3.87% | 2.67% | 1.08% | 1.57% | 2.54% | 2.51% | 1.92% | 1.84% | 1.59% | 2.03% | 2.91% |
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
MWTRX vs. DODIX - Drawdown Comparison
The maximum MWTRX drawdown since its inception was -23.59%, which is greater than DODIX's maximum drawdown of -16.38%. Use the drawdown chart below to compare losses from any high point for MWTRX and DODIX. For additional features, visit the drawdowns tool.
Volatility
MWTRX vs. DODIX - Volatility Comparison
Metropolitan West Total Return Bond Fund (MWTRX) has a higher volatility of 1.98% compared to Dodge & Cox Income Fund (DODIX) at 1.76%. This indicates that MWTRX'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.