Dimensional Managed Account Fund (DMA) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with DMA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DMA
DMA charges 0.03% annually. There are 4 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Diversified Income Fund | 0.02% | — | May 2011 | DMA vs HEQ | |
| Highland Funds I - Highland Opportunities and Inco... | 0.02% | — | Jan 2000 | DMA vs HFRO | |
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | DMA vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | DMA vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | DMA vs TSAIX |
Best Risk-Adjusted Alternatives to DMA
DMA has a PortfoliosLab risk / return rank of 2. There are 551 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | DMA vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | DMA vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | DMA vs NWQIX | |
| Allspring Diversified Capital Builder Fund | 95 | — | Jan 1998 | DMA vs EKBAX | |
| Pioneer Balanced ESG Fund | 95 | — | Dec 1991 | DMA vs AYBLX |
Top Performing DMA Alternatives (YTD)
DMA is at -10.88% YTD. There are 555 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 38.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 38.34% | — | Jan 1998 | DMA vs EKBAX | |
| Hood River New Opportunities Fund Institutional Cl... | 31.43% | — | — | DMA vs HRNOX | |
| Highland Funds I - Highland Opportunities and Inco... | 27.67% | — | Jan 2000 | DMA vs HFRO | |
| Greenspring Fund | 21.91% | — | Jun 1983 | DMA vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 20.27% | — | Aug 1998 | DMA vs MHELX |
Lowest Volatility Alternatives to DMA
DMA has 15.21% 1-year volatility. There are 536 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | DMA vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.83% | — | Apr 2012 | DMA vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.86% | — | Nov 2003 | DMA vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | DMA vs AVEFX | |
| American Funds College 2027 Fund | 3.14% | — | Sep 2012 | DMA vs CSTAX |
Lowest Drawdown Alternatives to DMA
DMA has a 1-year max drawdown of -18.34%. There are 553 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | DMA vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | DMA vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | DMA vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | DMA vs SICIX | |
| Fidelity Strategic Real Return Fund Class K6 | -2.68% | — | Sep 2005 | DMA vs FSRKX |
Other Mutual Funds from Dimensional Fund Advisors
The 6 most viewed Dimensional Fund Advisors mutual funds shown here include DMO, DFP, DHY and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Dimensional Multi-Asset Fund | Global Allocation | 3 | 1.86% | — | Dec 2009 | DMA vs DMO | |
| Dimensional Financial Leaders Fund | Large Cap Value Equities | 11 | 1.25% | — | May 2013 | DMA vs DFP | |
| Dimensional High Yield Equity Fund | Dividend | 1 | -8.56% | — | Jan 2013 | DMA vs DHY | |
| Dimensional High Yield Fund | High Yield Bonds | 5 | 0.33% | — | Jan 2013 | DMA vs DHF | |
| Dimensional Multi-Blend Fund | Large Cap Blend Equities | 32 | 2.19% | — | Jan 2013 | DMA vs DMB | |
| Dimensional Small Cap Equity Fund | Small Cap Blend Equities | 36 | 1.93% | — | Jan 2013 | DMA vs DSM |
Often Compared With DMA
Investors most often compare DMA with SCD, PUDZX, CFIHX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare DMA with Any Fund or Stock
Compare DMA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DMA with funds that move differently
Dimensional Managed Account Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DMA.
Explore DMA Diversifiers