CMGUX vs. DFIHX
CMGUX (Columbia Ultra Short Term Bond Fund) and DFIHX (DFA One Year Fixed Income Portfolio) are both Ultrashort Bond funds. Over the past 10 years, CMGUX returned 2.71%/yr vs 2.01%/yr for DFIHX. Their 0.14 correlation means their historical movements had little consistent relationship. CMGUX charges 0.25%/yr vs 0.13%/yr for DFIHX.
Performance
CMGUX vs. DFIHX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with CMGUX having a 1.92% return and DFIHX slightly higher at 1.99%. Over the past 10 years, CMGUX has outperformed DFIHX with an annualized return of 2.71%, while DFIHX has yielded a comparatively lower 2.01% annualized return.
CMGUX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 1.56%
- YTD
- 1.92%
- 1Y
- 3.92%
- 3Y*
- 4.88%
- 5Y*
- 3.71%
- 10Y*
- 2.71%
- ALL TIME*
- 2.09%
DFIHX
- 1D
- 0.04%
- 1M
- 0.23%
- 6M
- 1.69%
- YTD
- 1.99%
- 1Y
- 3.82%
- 3Y*
- 4.38%
- 5Y*
- 2.85%
- 10Y*
- 2.01%
- ALL TIME*
- 12.93%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CMGUX vs. DFIHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMGUX Columbia Ultra Short Term Bond Fund | 1.92% | 4.89% | 5.31% | 5.88% | 0.79% | 0.17% | 1.78% | 2.99% | 1.90% | 1.36% |
DFIHX DFA One Year Fixed Income Portfolio | 1.99% | 3.41% | 5.41% | 4.98% | -1.19% | -0.19% | 0.62% | 2.44% | 1.87% | 0.94% |
Correlation
The correlation between CMGUX and DFIHX is 0.10, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | -0.02 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.12 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.09 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2004 | 0.14 |
The correlation between CMGUX and DFIHX shifts across timeframes, from -0.02 (3 years) to 0.14 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CMGUX vs. DFIHX — Risk / Return Rank
CMGUX
DFIHX
CMGUX vs. DFIHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Ultra Short Term Bond Fund (CMGUX) and DFA One Year Fixed Income Portfolio (DFIHX). 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.
| CMGUX | DFIHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.73 | ||
| Sortino ratioReturn per unit of downside risk | -4.71 | ||
| Omega ratioGain probability vs. loss probability | 3.89 | 6.80 | -2.91 |
| Calmar ratioReturn relative to maximum drawdown | 20.68 | 39.48 | -18.80 |
| Martin ratioReturn relative to average drawdown | 71.95 | 231.88 | -159.93 |
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Drawdowns
CMGUX vs. DFIHX - Drawdown Comparison
The maximum CMGUX drawdown since its inception was -3.09%, which is greater than DFIHX's maximum drawdown of -2.53%. Use the drawdown chart below to compare losses from any high point for CMGUX and DFIHX.
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Drawdown Indicators
| CMGUX | DFIHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.09% | -2.53% | -0.56% |
Max Drawdown (1Y)Largest decline over 1 year | -0.22% | -0.10% | -0.12% |
Max Drawdown (3Y)Largest decline over 3 years | -0.32% | -0.49% | +0.17% |
Max Drawdown (5Y)Largest decline over 5 years | -0.95% | -2.26% | +1.31% |
Max Drawdown (10Y)Largest decline over 10 years | -3.09% | -2.26% | -0.83% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.13% | -0.15% | +0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.06% | 0.02% | +0.04% |
Volatility
CMGUX vs. DFIHX - Volatility Comparison
Columbia Ultra Short Term Bond Fund (CMGUX) and DFA One Year Fixed Income Portfolio (DFIHX) have volatilities of 0.22% and 0.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMGUX | DFIHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.22% | 0.21% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 0.96% | 0.51% | +0.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.39% | 0.65% | +0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.29% | 1.01% | +0.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.12% | 0.80% | +0.32% |
CMGUX vs. DFIHX - Expense Ratio Comparison
CMGUX has a 0.25% expense ratio, which is higher than DFIHX's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
CMGUX vs. DFIHX - Dividend Comparison
CMGUX's dividend yield for the trailing twelve months is around 3.95%, more than DFIHX's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMGUX Columbia Ultra Short Term Bond Fund | 3.95% | 4.65% | 4.07% | 3.46% | 1.34% | 0.61% | 1.53% | 2.50% | 1.99% | 1.24% | 0.87% | 0.50% |
DFIHX DFA One Year Fixed Income Portfolio | 3.86% | 3.26% | 4.99% | 3.37% | 1.07% | 0.00% | 0.62% | 2.12% | 1.85% | 1.13% | 0.66% | 0.51% |
Frequently Asked Questions
CMGUX and DFIHX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMGUX has higher volatility (0.22%) compared to DFIHX (0.21%). In terms of maximum drawdown, CMGUX dropped -3.09% vs DFIHX's -2.53%.
DFIHX currently has the higher Sharpe Ratio (5.94 vs 3.21), 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.
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