VCPIX vs. DODIX
Compare and contrast key facts about Vanguard Core-Plus Bond Fund Investor Shares (VCPIX) and Dodge & Cox Income Fund (DODIX).
VCPIX is managed by Vanguard. It was launched on Oct 25, 2021. DODIX is managed by Dodge & Cox.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VCPIX or DODIX.
Key characteristics
| VCPIX | DODIX | |
|---|---|---|
| YTD Return | 5.90% | 6.21% |
| 1Y Return | 11.74% | 12.18% |
| Sharpe Ratio | 1.89 | 1.81 |
| Daily Std Dev | 6.09% | 6.54% |
| Max Drawdown | -17.33% | -16.38% |
| Current Drawdown | -2.13% | 0.00% |
Correlation
The correlation between VCPIX and DODIX is 0.97, 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
VCPIX vs. DODIX - Performance Comparison
In the year-to-date period, VCPIX achieves a 5.90% return, which is significantly lower than DODIX's 6.21% 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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VCPIX vs. DODIX - Expense Ratio Comparison
VCPIX has a 0.30% expense ratio, which is lower than DODIX's 0.41% expense ratio.
Risk-Adjusted Performance
VCPIX vs. DODIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Core-Plus Bond Fund Investor Shares (VCPIX) 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
VCPIX vs. DODIX - Dividend Comparison
VCPIX's dividend yield for the trailing twelve months is around 4.47%, more than DODIX's 3.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCPIX Vanguard Core-Plus Bond Fund Investor Shares | 4.47% | 4.45% | 3.15% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DODIX Dodge & Cox Income Fund | 3.92% | 3.86% | 2.82% | 3.23% | 4.66% | 3.63% | 3.43% | 3.03% | 3.25% | 3.09% | 4.15% | 3.07% |
Drawdowns
VCPIX vs. DODIX - Drawdown Comparison
The maximum VCPIX drawdown since its inception was -17.33%, which is greater than DODIX's maximum drawdown of -16.38%. Use the drawdown chart below to compare losses from any high point for VCPIX and DODIX. For additional features, visit the drawdowns tool.
Volatility
VCPIX vs. DODIX - Volatility Comparison
Vanguard Core-Plus Bond Fund Investor Shares (VCPIX) and Dodge & Cox Income Fund (DODIX) have volatilities of 1.10% and 1.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.