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DFA Two-Year Government Portfolio (DFYGX) Sharpe Ratio: 1.91

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The fund seeks to maximize total returns from a universe of obligations of the U.S. government and its agencies maturing in three years or less from the date of settlement. It normally invests at least 80% of its net assets in government securities that mature within two years from the date of settlement. The fund may invest in futures contracts and options on futures contracts.

DFYGX's Sharpe Ratio of 1.91 indicates that for each unit of volatility, it generates 1.91 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

DFYGX Sharpe Ratio Rank

DFYGX Sharpe Ratio Rank: 49.149
Average

DFYGX ranks above 49.1% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

DFYGX Sharpe Ratio Market Positioning

The chart shows DFYGX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.30 or lower
  • Yellow zone (middle 50%): 1.30 to 2.32
  • Green zone (top 25%): 2.32 or higher
  • Top 1%: 4.26+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares DFA Two-Year Government Portfolio's Sharpe Ratio with other mutual funds in the Ultrashort Bond category across multiple time periods, showing how DFYGX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
NUSIXNavigator Ultra Short Term Bond Fund6.80
TMPFXTactical Multi-Purpose Fund6.60
BUBSXBaird Ultra Short Bond Fund6.21
BUBIXBaird Ultra Short Bond Fund Institutional Class5.48
ENIAXSEI Institutional Investments Trust Opportunistic Income Fund5.38
CBUDXCrossingBridge Ultra-Short Duration Fund5.21
DFIHXDFA One Year Fixed Income Portfolio4.69
CUSDXSix Circles Ultra Short Duration Fund4.65
PRTBXPermanent Portfolio Short-Term Treasury Portfolio4.41
HUBBXHartford Ultrashort Bond HLS Fund4.12
DFYGXDFA Two-Year Government Portfolio1.91

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows DFYGX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when DFYGX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does DFYGX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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