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DODGX Actively Managed

Dodge & Cox Stock Fund

Dodge & Cox · Large Value · Inception 1965
Expense Ratio
0.51%
Cost per $10k/yr
$51
Minimum
$2,500
Type
Active

Figures last verified October 31, 2026

Committee-managed deep-value investing in large US companies; holding periods measured in many years.

If you forced this site to recommend one active stock fund, Dodge & Cox Stock would make the shortlist every time. The firm is everything the industry usually isn't: privately owned, one office, no marketing budget, committee-managed so no star can leave, fees around 0.51% when value peers charge double, and turnover so low the portfolio reads like a will rather than a trading blotter.

The strategy is genuine deep value — buying durable companies during their worst headlines — which guarantees stretches of looking wrong: it lagged painfully through the late-2010s growth mania, then resurged when value returned. Across full cycles its record beats the large-value index after fees, though never by enough to make VVIAX at 0.05% a foolish default. DODGX is the defensible exception: if you pay for active management anywhere, this is the kind of shop to pay.

Best for

Patient value investors who want active management done the honorable way.

DODGX alternatives & comparable funds

If you’re weighing DODGX against the field, these are the funds most investors line it up against — same job, different provider, slightly different terms.

FundFamilyExpense RatioMinimum
DODGX — Dodge & Cox Stock Fund Dodge & Cox 0.51% $2,500
VVIAX — Vanguard Value Index Fund … Vanguard 0.05% $3,000
PRFDX — T. Rowe Price Equity Income Fund T. Rowe Price 0.69% $2,500
OAKMX — Oakmark Fund (Investor) Oakmark 0.89% $0
DODFX — Dodge & Cox International Stock Fund Dodge & Cox 0.62% $2,500

Head-to-head comparisons

Frequently asked questions

What is the expense ratio of DODGX?

DODGX (Dodge & Cox Stock Fund) has an expense ratio of 0.51%, which works out to roughly $51 per year for every $10,000 invested. That is high relative to index alternatives, and it compounds against you every year, so the fund needs to outperform just to break even versus a cheaper option.

What is the minimum investment for DODGX?

DODGX requires a minimum initial investment of $2,500.

What does DODGX invest in?

Committee-managed deep-value investing in large US companies; holding periods measured in many years. It falls in the large value category and is an actively managed fund.

What are good alternatives to DODGX?

The funds most often compared with DODGX are VVIAX, PRFDX, OAKMX — broadly similar exposure from different providers, with small differences in fee, minimum, and portability that usually come down to which brokerage holds your account.

NB
Nathan Blake · Editor, Mutual Fund Reviewer

Nathan Blake has spent fifteen years writing about index investing, retirement accounts, and the quiet math of expense ratios. He is not a licensed financial advisor, and nothing on this site is personalized investment advice — he is an editor who reads prospectuses so you don't have to. His own portfolio is three index funds and a rebalancing calendar reminder.


Expense ratio and minimum for DODGX drawn from Dodge & Cox fund documentation; last verified October 31, 2026. Figures change — confirm against the official prospectus before investing. This review is editorial opinion, not investment advice.