PHIYX vs. DODIX
Compare and contrast key facts about PIMCO High Yield Fund (PHIYX) and Dodge & Cox Income Fund (DODIX).
PHIYX is managed by PIMCO. It was launched on Dec 15, 1992. DODIX is managed by Dodge & Cox.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PHIYX or DODIX.
Correlation
The correlation between PHIYX and DODIX is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PHIYX vs. DODIX - Performance Comparison
Key characteristics
PHIYX:
1.97
DODIX:
0.28
PHIYX:
2.94
DODIX:
0.42
PHIYX:
1.41
DODIX:
1.05
PHIYX:
2.72
DODIX:
0.20
PHIYX:
11.51
DODIX:
0.89
PHIYX:
0.58%
DODIX:
1.83%
PHIYX:
3.41%
DODIX:
5.90%
PHIYX:
-32.73%
DODIX:
-16.38%
PHIYX:
-1.35%
DODIX:
-5.20%
Returns By Period
In the year-to-date period, PHIYX achieves a 5.51% return, which is significantly higher than DODIX's 1.00% return. Over the past 10 years, PHIYX has outperformed DODIX with an annualized return of 4.07%, while DODIX has yielded a comparatively lower 2.36% annualized return.
PHIYX
5.51%
-0.62%
3.61%
6.46%
2.79%
4.07%
DODIX
1.00%
-1.75%
0.12%
1.24%
1.04%
2.36%
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PHIYX vs. DODIX - Expense Ratio Comparison
PHIYX has a 0.56% expense ratio, which is higher than DODIX's 0.41% expense ratio.
Risk-Adjusted Performance
PHIYX vs. DODIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO High Yield Fund (PHIYX) 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
PHIYX vs. DODIX - Dividend Comparison
PHIYX's dividend yield for the trailing twelve months is around 5.61%, more than DODIX's 3.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHIYX PIMCO High Yield Fund | 5.61% | 5.62% | 5.42% | 4.53% | 4.56% | 5.04% | 5.63% | 5.12% | 5.38% | 6.16% | 6.58% | 5.94% |
DODIX Dodge & Cox Income Fund | 3.20% | 3.86% | 2.84% | 1.89% | 2.44% | 3.04% | 3.00% | 2.76% | 3.11% | 3.03% | 3.84% | 3.07% |
Drawdowns
PHIYX vs. DODIX - Drawdown Comparison
The maximum PHIYX drawdown since its inception was -32.73%, which is greater than DODIX's maximum drawdown of -16.38%. Use the drawdown chart below to compare losses from any high point for PHIYX and DODIX. For additional features, visit the drawdowns tool.
Volatility
PHIYX vs. DODIX - Volatility Comparison
The current volatility for PIMCO High Yield Fund (PHIYX) is 0.78%, while Dodge & Cox Income Fund (DODIX) has a volatility of 2.30%. This indicates that PHIYX 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.