DFA Short-Term Government Portfolio (DFFGX)

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

The chart shows the growth of an initial investment of $10,000 in DFA Short-Term Government Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

DFA Short-Term Government Portfolio (DFFGX) has returned 0.87% so far this year and 2.99% over the past 12 months. Over the last ten years, DFFGX has returned 1.18% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since May 13, 1987, DFFGX's average daily return is +0.08%, while the average monthly return is +1.72%. At this rate, your investment would double in approximately 3.4 years.

Historically, 73% of months were positive and 27% were negative. The best month was Dec 1992 with a return of +175.0%, while the worst month was Dec 1991 at -6.5%. The longest winning streak lasted 31 consecutive months, and the longest losing streak was 6 months.

On a daily basis, DFFGX closed higher 32% of trading days. The best single day was Dec 15, 1992 with a return of +171.6%, while the worst single day was Dec 10, 1991 at -9.0%.

DFA Short-Term Government Portfolio has an annualized alpha of 23.06%, beta of -0.02, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since May 14, 1987.

• This fund captured 34.96% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -57.51%) — a profile typical of hedging or uncorrelated assets.
• Beta of -0.02 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.

DFFGX has an expense ratio of 0.18%, which is considered low.

DFFGX ranks 85 for risk / return — in the top 85% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for DFA Short-Term Government Portfolio (DFFGX) and compare them to a chosen benchmark (S&P 500 Index).

DFA Short-Term Government Portfolio provided a 2.86% dividend yield over the last twelve months, with an annual payout of $0.28 per share.

The table displays the monthly dividend distributions for DFA Short-Term Government 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 Short-Term Government 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 Short-Term Government Portfolio was 10.09%, occurring on Mar 13, 1992. Recovery took 59 trading sessions.

The chart below shows the rolling one-month volatility.