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VCPIX vs. DODIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


VCPIXDODIX
YTD Return3.34%3.45%
1Y Return10.36%10.65%
3Y Return (Ann)-1.51%-0.45%
Sharpe Ratio1.721.60
Sortino Ratio2.532.36
Omega Ratio1.311.28
Calmar Ratio0.710.85
Martin Ratio7.036.46
Ulcer Index1.36%1.51%
Daily Std Dev5.56%6.09%
Max Drawdown-17.33%-16.38%
Current Drawdown-4.45%-2.89%

Correlation

-0.50.00.51.01.0

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

The year-to-date returns for both investments are quite close, with VCPIX having a 3.34% return and DODIX slightly higher at 3.45%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.58%
4.79%
VCPIX
DODIX

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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.


DODIX
Dodge & Cox Income Fund
Expense ratio chart for DODIX: current value at 0.41% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.41%
Expense ratio chart for VCPIX: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%

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.


VCPIX
Sharpe ratio
The chart of Sharpe ratio for VCPIX, currently valued at 1.72, compared to the broader market0.002.004.001.72
Sortino ratio
The chart of Sortino ratio for VCPIX, currently valued at 2.53, compared to the broader market0.005.0010.002.53
Omega ratio
The chart of Omega ratio for VCPIX, currently valued at 1.31, compared to the broader market1.002.003.004.001.31
Calmar ratio
The chart of Calmar ratio for VCPIX, currently valued at 0.71, compared to the broader market0.005.0010.0015.0020.0025.000.71
Martin ratio
The chart of Martin ratio for VCPIX, currently valued at 7.03, compared to the broader market0.0020.0040.0060.0080.00100.007.03
DODIX
Sharpe ratio
The chart of Sharpe ratio for DODIX, currently valued at 1.60, compared to the broader market0.002.004.001.60
Sortino ratio
The chart of Sortino ratio for DODIX, currently valued at 2.36, compared to the broader market0.005.0010.002.36
Omega ratio
The chart of Omega ratio for DODIX, currently valued at 1.28, compared to the broader market1.002.003.004.001.28
Calmar ratio
The chart of Calmar ratio for DODIX, currently valued at 0.90, compared to the broader market0.005.0010.0015.0020.0025.000.90
Martin ratio
The chart of Martin ratio for DODIX, currently valued at 6.46, compared to the broader market0.0020.0040.0060.0080.00100.006.46

VCPIX vs. DODIX - Sharpe Ratio Comparison

The current VCPIX Sharpe Ratio is 1.72, which is comparable to the DODIX Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of VCPIX and DODIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.72
1.60
VCPIX
DODIX

Dividends

VCPIX vs. DODIX - Dividend Comparison

VCPIX's dividend yield for the trailing twelve months is around 4.70%, more than DODIX's 4.14% yield.


TTM20232022202120202019201820172016201520142013
VCPIX
Vanguard Core-Plus Bond Fund Investor Shares
4.70%4.48%3.16%0.26%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DODIX
Dodge & Cox Income Fund
4.14%3.86%2.84%1.89%2.44%3.04%3.00%2.76%3.11%3.03%3.84%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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.45%
-2.89%
VCPIX
DODIX

Volatility

VCPIX vs. DODIX - Volatility Comparison

The current volatility for Vanguard Core-Plus Bond Fund Investor Shares (VCPIX) is 1.50%, while Dodge & Cox Income Fund (DODIX) has a volatility of 1.74%. This indicates that VCPIX 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.


1.00%1.20%1.40%1.60%1.80%2.00%JuneJulyAugustSeptemberOctoberNovember
1.50%
1.74%
VCPIX
DODIX