DODIX - Up 9% YTD / 9.3% one year / 6+% annually over the past three years
DODFX - Up 1.74% YTD / 2.37% one year / 1.68% annnually the past three years
The question isn’t purely academic. I opened a small spec position in DODFX about two and a half months ago. Just a little play money - pennies. The fund has caught fire of late. Normally, I’d now shift the spec money from DODFX back into DODIX, locking in a 20-30% gain. DODIX is, after all, clearly the more “conservative” fund. It serves as a cash substitute for investors at Dodge Cox which doesn’t have a money market fund.
However, at this juncture everything looks “upside-down”. It’s the “safe” conservative fund that’s been screaming hot for several years while the “riskier” international fund has hardly moved. Regression to the mean - maybe?