ALIBX vs. DGTSX

Last updated Aug 4, 2026

ALIBX (ALPS/Smith Balanced Opportunity Fund) and DGTSX (DFA Global Allocation 25/75 Portfolio) are both Diversified Portfolio funds. Over the past 5 years, ALIBX returned 7.09%/yr vs 5.06%/yr for DGTSX. Their correlation of 0.91 means they have usually moved in the same direction. ALIBX charges 1.12%/yr vs 0.24%/yr for DGTSX.

Performance

ALIBX vs. DGTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS/Smith Balanced Opportunity Fund (ALIBX) and DFA Global Allocation 25/75 Portfolio (DGTSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALIBX achieves a 8.19% return, which is significantly higher than DGTSX's 4.21% return.

ALIBX

• 1D: 0.52%
• 1M: -1.32%
• 6M: 4.23%
• YTD: 8.19%
• 1Y: 16.86%
• 3Y*: 13.37%
• 5Y*: 7.09%
• 10Y*: —
• ALL TIME*: 9.61%

DGTSX

• 1D: 0.00%
• 1M: -0.07%
• 6M: 2.89%
• YTD: 4.21%
• 1Y: 8.21%
• 3Y*: 7.76%
• 5Y*: 5.06%
• 10Y*: 5.10%
• ALL TIME*: 4.71%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ALIBX ALPS/Smith Balanced Opportunity Fund	$0.00	$0.00	$0.00
DGTSX DFA Global Allocation 25/75 Portfolio	$0.00	$0.00	$0.00

ALIBX vs. DGTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ALIBX ALPS/Smith Balanced Opportunity Fund	8.19%	12.89%	14.89%	16.01%	-16.24%	15.50%	8.25%
DGTSX DFA Global Allocation 25/75 Portfolio	4.21%	8.39%	7.43%	8.93%	-8.06%	10.20%	4.15%

Correlation

The correlation between ALIBX and DGTSX is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.89
Correlation (5Y) Shows whether the relationship held over a longer period.	0.91
Correlation (All Time) Calculated using the full available price history since Oct 6, 2020	0.91

The correlation between ALIBX and DGTSX has been stable across timeframes, ranging from 0.89 to 0.91 - a consistent structural relationship.

Return for Risk

ALIBX vs. DGTSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ALIBX

ALIBX Risk / Return Rank: 66
ALIBX Sharpe Ratio Rank: 66
ALIBX Sortino Ratio Rank: 67
ALIBX Omega Ratio Rank: 62
ALIBX Calmar Ratio Rank: 61
ALIBX Martin Ratio Rank: 74

DGTSX

DGTSX Risk / Return Rank: 88
DGTSX Sharpe Ratio Rank: 88
DGTSX Sortino Ratio Rank: 88
DGTSX Omega Ratio Rank: 86
DGTSX Calmar Ratio Rank: 85
DGTSX Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ALIBX vs. DGTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS/Smith Balanced Opportunity Fund (ALIBX) and DFA Global Allocation 25/75 Portfolio (DGTSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ALIBX	DGTSX	Difference
Sharpe ratio: Return per unit of total volatility	1.68	2.21	-0.53
Sortino ratio: Return per unit of downside risk	2.42	3.27	-0.84
Omega ratio: Gain probability vs. loss probability	1.30	1.44	-0.13
Calmar ratio: Return relative to maximum drawdown	2.23	3.05	-0.81
Martin ratio: Return relative to average drawdown	9.67	13.16	-3.50

ALIBX vs. DGTSX - Sharpe Ratio Comparison

The current ALIBX Sharpe Ratio is 1.68, which is comparable to the DGTSX Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of ALIBX and DGTSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ALIBX vs. DGTSX - Drawdown Comparison

The maximum ALIBX drawdown since its inception was -20.38%, which is greater than DGTSX's maximum drawdown of -16.71%. Use the drawdown chart below to compare losses from any high point for ALIBX and DGTSX.

Drawdown Indicators

	ALIBX	DGTSX	Difference
Max Drawdown Largest peak-to-trough decline	-20.38%	-16.71%	-3.67%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	-2.64%	-4.49%
Max Drawdown (3Y) Largest decline over 3 years	-12.65%	-7.46%	-5.19%
Max Drawdown (5Y) Largest decline over 5 years	-20.38%	-11.26%	-9.12%
Max Drawdown (10Y) Largest decline over 10 years	—	-11.26%	—
Current Drawdown Current decline from peak	-1.67%	-0.28%	-1.39%
Average Drawdown Average peak-to-trough decline	-4.65%	-1.64%	-3.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	0.61%	+1.03%

Volatility

ALIBX vs. DGTSX - Volatility Comparison

ALPS/Smith Balanced Opportunity Fund (ALIBX) has a higher volatility of 2.34% compared to DFA Global Allocation 25/75 Portfolio (DGTSX) at 0.90%. This indicates that ALIBX's price experiences larger fluctuations and is considered to be riskier than DGTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALIBX	DGTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.34%	0.90%	+1.44%
Volatility (6M) Calculated over the trailing 6-month period	7.58%	3.01%	+4.57%
Volatility (1Y) Calculated over the trailing 1-year period	9.46%	3.64%	+5.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.25%	5.98%	+5.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.99%	5.23%	+5.76%

ALIBX vs. DGTSX - Expense Ratio Comparison

ALIBX has a 1.12% expense ratio, which is higher than DGTSX's 0.24% expense ratio.

Dividends

ALIBX vs. DGTSX - Dividend Comparison

ALIBX's dividend yield for the trailing twelve months is around 8.39%, more than DGTSX's 5.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALIBX ALPS/Smith Balanced Opportunity Fund	8.39%	9.14%	10.61%	1.37%	1.08%	0.56%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%
DGTSX DFA Global Allocation 25/75 Portfolio	5.81%	5.54%	7.28%	4.75%	2.77%	7.62%	2.12%	2.57%	2.99%	1.25%	1.26%	1.50%

Frequently Asked Questions

Can I hold both ALIBX and DGTSX in my portfolio?

With a correlation of 0.91, ALIBX and DGTSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ALIBX or DGTSX?

ALIBX has higher volatility (2.34%) compared to DGTSX (0.90%). In terms of maximum drawdown, ALIBX dropped -20.38% vs DGTSX's -16.71%.

Which has better risk-adjusted returns?

DGTSX currently has the higher Sharpe Ratio (2.21 vs 1.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.