WBCIX vs. DODGX

Last updated Aug 1, 2026

WBCIX (William Blair Small-Mid Cap Core Fund) and DODGX (Dodge & Cox Stock Fund Class I) are both mutual funds - WBCIX is a Small Cap Blend Equities fund managed by William Blair, while DODGX is a Large Cap Value Equities fund actively managed by Dodge & Cox. Over the past 5 years, WBCIX returned 5.05%/yr vs 10.20%/yr for DODGX. Their correlation of 0.84 means they have usually moved in the same direction. WBCIX charges 1.25%/yr vs 0.51%/yr for DODGX.

Performance

WBCIX vs. DODGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in William Blair Small-Mid Cap Core Fund (WBCIX) and Dodge & Cox Stock Fund Class I (DODGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WBCIX achieves a 12.33% return, which is significantly higher than DODGX's 9.15% return.

WBCIX

• 1D: 0.86%
• 1M: -1.37%
• 6M: 8.93%
• YTD: 12.33%
• 1Y: 18.34%
• 3Y*: 8.63%
• 5Y*: 5.05%
• 10Y*: —
• ALL TIME*: 10.82%

DODGX

• 1D: -0.11%
• 1M: 2.59%
• 6M: 7.53%
• YTD: 9.15%
• 1Y: 18.56%
• 3Y*: 14.02%
• 5Y*: 10.20%
• 10Y*: 13.08%
• ALL TIME*: 11.27%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DODGX Dodge & Cox Stock Fund Class I	$0.00	$0.00	$0.00
WBCIX William Blair Small-Mid Cap Core Fund	$0.00	$0.00	$0.00

WBCIX vs. DODGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WBCIX William Blair Small-Mid Cap Core Fund	12.33%	1.29%	12.04%	13.26%	-17.11%	26.63%	20.60%	10.29%
DODGX Dodge & Cox Stock Fund Class I	9.15%	13.66%	14.36%	17.49%	-7.25%	31.72%	7.10%	12.31%

Correlation

The correlation between WBCIX and DODGX is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.68
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (All Time) Calculated using the full available price history since Oct 2, 2019	0.84

The correlation between WBCIX and DODGX shifts across timeframes, from 0.68 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WBCIX vs. DODGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WBCIX

WBCIX Risk / Return Rank: 27
WBCIX Sharpe Ratio Rank: 24
WBCIX Sortino Ratio Rank: 25
WBCIX Omega Ratio Rank: 24
WBCIX Calmar Ratio Rank: 30
WBCIX Martin Ratio Rank: 31

DODGX

DODGX Risk / Return Rank: 56
DODGX Sharpe Ratio Rank: 53
DODGX Sortino Ratio Rank: 54
DODGX Omega Ratio Rank: 48
DODGX Calmar Ratio Rank: 64
DODGX Martin Ratio Rank: 60

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WBCIX vs. DODGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for William Blair Small-Mid Cap Core Fund (WBCIX) and Dodge & Cox Stock Fund Class I (DODGX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WBCIX	DODGX	Difference
Sharpe ratio: Return per unit of total volatility	0.84	1.33	-0.50
Sortino ratio: Return per unit of downside risk	1.30	1.94	-0.63
Omega ratio: Gain probability vs. loss probability	1.15	1.23	-0.08
Calmar ratio: Return relative to maximum drawdown	1.32	2.05	-0.73
Martin ratio: Return relative to average drawdown	4.56	7.50	-2.94

WBCIX vs. DODGX - Sharpe Ratio Comparison

The current WBCIX Sharpe Ratio is 0.84, which is lower than the DODGX Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of WBCIX and DODGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WBCIX vs. DODGX - Drawdown Comparison

The maximum WBCIX drawdown since its inception was -39.56%, smaller than the maximum DODGX drawdown of -63.24%. Use the drawdown chart below to compare losses from any high point for WBCIX and DODGX.

Drawdown Indicators

	WBCIX	DODGX	Difference
Max Drawdown Largest peak-to-trough decline	-39.56%	-63.24%	+23.68%
Max Drawdown (1Y) Largest decline over 1 year	-11.06%	-7.48%	-3.58%
Max Drawdown (3Y) Largest decline over 3 years	-23.53%	-14.89%	-8.64%
Max Drawdown (5Y) Largest decline over 5 years	-27.65%	-21.85%	-5.80%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.41%	—
Current Drawdown Current decline from peak	-2.81%	-0.45%	-2.36%
Average Drawdown Average peak-to-trough decline	-8.96%	-7.49%	-1.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	2.06%	+1.17%

Volatility

WBCIX vs. DODGX - Volatility Comparison

William Blair Small-Mid Cap Core Fund (WBCIX) has a higher volatility of 4.20% compared to Dodge & Cox Stock Fund Class I (DODGX) at 3.37%. This indicates that WBCIX's price experiences larger fluctuations and is considered to be riskier than DODGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WBCIX	DODGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.20%	3.37%	+0.83%
Volatility (6M) Calculated over the trailing 6-month period	13.15%	8.41%	+4.74%
Volatility (1Y) Calculated over the trailing 1-year period	17.48%	11.52%	+5.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.72%	15.88%	+4.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.68%	19.09%	+4.59%

WBCIX vs. DODGX - Expense Ratio Comparison

WBCIX has a 1.25% expense ratio, which is higher than DODGX's 0.51% expense ratio.

Dividends

WBCIX vs. DODGX - Dividend Comparison

WBCIX's dividend yield for the trailing twelve months is around 2.66%, less than DODGX's 8.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DODGX Dodge & Cox Stock Fund Class I	8.80%	9.86%	8.20%	3.76%	5.47%	3.22%	6.74%	10.23%	9.69%	6.78%	6.26%	5.36%
WBCIX William Blair Small-Mid Cap Core Fund	2.66%	2.98%	1.35%	0.15%	0.00%	0.00%	0.00%	0.06%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WBCIX and DODGX in my portfolio?

WBCIX and DODGX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WBCIX or DODGX?

WBCIX has higher volatility (4.20%) compared to DODGX (3.37%). In terms of maximum drawdown, WBCIX dropped -39.56% vs DODGX's -63.24%.

Which has better risk-adjusted returns?

DODGX currently has the higher Sharpe Ratio (1.33 vs 0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.