DFA Investment Grade Portfolio (DFAPX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

DFA Investment Grade Portfolio (DFAPX) is up 0.8% since the beginning of the year. DFAPX is currently trading at $10 per share. Investors who bought $1,000 worth of DFAPX shares 5 years ago would now be looking at an investment worth $1,025.

DFA Investment Grade Portfolio (DFAPX) has returned 0.84% so far this year and 4.84% over the past 12 months. Over the last ten years, DFAPX has returned 2.02% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Aug 3, 2012, DFAPX's average daily return is +0.01%, while the average monthly return is +0.19%. At this rate, an investment would double in approximately 30.4 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2023 with a return of +4.3%, while the worst month was Sep 2022 at -4.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, DFAPX closed higher 45% of trading days. The best single day was Nov 10, 2022 with a return of +1.9%, while the worst single day was Mar 17, 2020 at -2.0%.

DFA Investment Grade Portfolio has an annualized alpha of 2.56%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since August 03, 2012.

• This fund participated in 13.04% of S&P 500 Index downside but only 12.02% of its upside - more exposed to losses than it benefited from rallies.
• Beta of -0.01 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

DFAPX has an expense ratio of 0.20%, which is considered low.

DFAPX ranks 25 for risk / return — below 25% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

DFA Investment Grade Portfolio provided a 3.73% dividend yield over the last twelve months, with an annual payout of $0.38 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for DFA Investment Grade Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the DFA Investment Grade Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the DFA Investment Grade Portfolio was 18.30%, occurring on Oct 20, 2022. Recovery took 748 trading sessions.

The current DFA Investment Grade Portfolio drawdown is 1.01%.

The chart below shows the rolling one-month volatility.