DODEX Performance — Dodge & Cox Emerging Markets Stock Fund
Data updated: 2026-08-28
DODEX returned +24.08% year to date and +48.01% over one year to Jun 2026. Annualised returns are +24.91% over 3 years and +9.77% over 5 years. The fund beat its Emerging Markets Equity category average: $100 invested three years ago grew to $195, against $179 for the category, and to $148 over one year, against $141. Volatility over the past three years was 14.97% a year. In the 12 months to Jun 2026 the fund took in a net $484.4M, and assets reached $1.46B.
DODEX Growth of $100
What $100 invested in Dodge & Cox Emerging Markets Stock Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | DODEX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $148 | $141 |
| 3 years (Jul 2023 – Jun 2026) | $195 | $179 |
| 5 years (Jul 2021 – Jun 2026) | $159 | $144 |
| Since data start (May 2021 – Jun 2026) | $161 | $147 |
DODEX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +24.08% |
| 1 year | +48.01% |
| 3 years (annualised) | +24.91% |
| 5 years (annualised) | +9.77% |
DODEX Annual Returns
Calendar-year total returns of Dodge & Cox Emerging Markets Stock Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +24.08% |
| 2025 | +38.62% |
| 2024 | +7.50% |
| 2023 | +13.37% |
| 2022 | −14.90% |
| 2021 (May–Dec) | −9.84% |
DODEX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +10.2% | +4.8% | −8.3% | +10.2% | +5.8% | +0.4% | — | — | — | — | — | — |
| 2025 | +2.8% | +1.8% | +0.9% | +0.8% | +4.3% | +4.8% | +2.2% | +4.8% | +6.7% | +3.3% | −0.8% | +1.9% |
| 2024 | −3.5% | +4.8% | +3.1% | +0.7% | +2.0% | −0.2% | +0.2% | +1.6% | +8.1% | −5.1% | −2.3% | −1.5% |
| 2023 | +9.6% | −6.6% | +3.0% | −0.3% | −3.2% | +5.7% | +6.6% | −5.2% | −2.4% | −4.6% | +6.8% | +4.8% |
| 2022 | +1.4% | −7.2% | −2.5% | −6.3% | +2.8% | −4.2% | +0.3% | −1.3% | −10.8% | −2.3% | +17.4% | −0.7% |
| 2021 | — | — | — | — | +1.3% | −0.4% | −6.4% | +0.9% | −4.0% | +2.9% | −5.9% | +1.8% |
DODEX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 14.97%
- 3-year Sharpe ratio: 1.36 (vs 4.5% risk-free rate)
- Best month: +10.24% (Jan 2026)
- Worst month: −8.27% (Mar 2026)
DODEX Fund Flows
Monthly money in and out of Dodge & Cox Emerging Markets Stock Fund, from SEC Form N-PORT.
- 12-month net flow: $484.4M
- 12-month gross sales (incl. reinvestments): $668.5M
- Sales ÷ redemptions: 3.63×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $57.7M | $12.4M | $45.3M |
| May 2026 | $58.5M | $15.7M | $42.8M |
| Apr 2026 | $101.1M | $7.0M | $94.2M |
| Mar 2026 | $76.9M | $65.2M | $11.7M |
| Feb 2026 | $109.3M | $28.5M | $80.8M |
| Jan 2026 | $68.0M | $5.9M | $62.1M |
| Dec 2025 | $88.2M | $14.1M | $74.0M |
| Nov 2025 | $35.0M | $18.8M | $16.2M |
| Oct 2025 | $20.1M | $5.8M | $14.3M |
| Sep 2025 | $14.7M | $5.3M | $9.4M |
| Aug 2025 | $12.2M | $2.3M | $9.9M |
| Jul 2025 | $26.7M | $3.1M | $23.6M |
DODEX Assets Under Management
Net assets of Dodge & Cox Emerging Markets Stock Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.46B |
| 2026-03-31 | $1.08B |
| 2025-12-31 | $881.42M |
| 2025-09-30 | $764.96M |
| 2025-06-30 | $629.06M |
| 2025-03-31 | $426.07M |
| 2024-12-31 | $376.80M |
| 2024-09-30 | $371.05M |
| 2024-06-30 | $337.40M |
| 2024-03-31 | $320.13M |
| 2023-12-31 | $296.12M |
| 2023-09-30 | $238.67M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.