DCFFX vs. DIEFX

Last updated Jun 3, 2026

DCFFX (Destinations Core Fixed Income Fund) and DIEFX (Destinations International Equity Fund) are both mutual funds - DCFFX is a Intermediate Core-Plus Bond fund managed by Destinations Funds, while DIEFX is a Foreign Large Cap Equities fund managed by Destinations Funds. Over the past 5 years, DCFFX returned -0.47%/yr vs 6.41%/yr for DIEFX. At a 0.11 correlation, their price movements are largely independent. DCFFX charges 0.79%/yr vs 1.16%/yr for DIEFX.

Performance

DCFFX vs. DIEFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Destinations Core Fixed Income Fund (DCFFX) and Destinations International Equity Fund (DIEFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DCFFX achieves a 0.39% return, which is significantly lower than DIEFX's 16.22% return.

DCFFX

• 1D: 0.00%
• 1M: 0.05%
• YTD: 0.39%
• 6M: 0.35%
• 1Y: 5.08%
• 3Y*: 3.69%
• 5Y*: -0.47%
• 10Y*: —

DIEFX

• 1D: 0.35%
• 1M: 5.43%
• YTD: 16.22%
• 6M: 19.13%
• 1Y: 31.01%
• 3Y*: 18.33%
• 5Y*: 6.41%
• 10Y*: —

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

DCFFX vs. DIEFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DCFFX Destinations Core Fixed Income Fund	0.39%	5.65%	2.28%	5.11%	-14.66%	-1.43%	4.71%	6.94%	0.03%	2.07%
DIEFX Destinations International Equity Fund	16.22%	30.39%	1.85%	15.54%	-20.97%	1.40%	23.41%	25.07%	-14.41%	17.71%

Correlation

The correlation between DCFFX and DIEFX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (All Time) Calculated using the full available price history since Mar 21, 2017	0.11

Over the past year, DCFFX and DIEFX have become more correlated (0.40) than their long-term average of 0.11, meaning their price movements have been converging.

Return for Risk

DCFFX vs. DIEFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DCFFX

DCFFX Risk / Return Rank: 23
DCFFX Sharpe Ratio Rank: 19
DCFFX Sortino Ratio Rank: 20
DCFFX Omega Ratio Rank: 19
DCFFX Calmar Ratio Rank: 30
DCFFX Martin Ratio Rank: 26

DIEFX

DIEFX Risk / Return Rank: 56
DIEFX Sharpe Ratio Rank: 61
DIEFX Sortino Ratio Rank: 57
DIEFX Omega Ratio Rank: 57
DIEFX Calmar Ratio Rank: 53
DIEFX Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DCFFX vs. DIEFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Destinations Core Fixed Income Fund (DCFFX) and Destinations International Equity Fund (DIEFX). 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.

	DCFFX	DIEFX	Difference
Sharpe ratio Return per unit of total volatility	1.27	2.29	-1.02
Sortino ratio Return per unit of downside risk	1.87	3.17	-1.30
Omega ratio Gain probability vs. loss probability	1.23	1.42	-0.19
Calmar ratio Return relative to maximum drawdown	2.09	2.78	-0.69
Martin ratio Return relative to average drawdown	6.43	11.04	-4.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DCFFX vs. DIEFX - Sharpe Ratio Comparison

The current DCFFX Sharpe Ratio is 1.27, which is lower than the DIEFX Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of DCFFX and DIEFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DCFFX	DIEFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	2.29	-1.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	0.41	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.57	-0.36

Drawdowns

DCFFX vs. DIEFX - Drawdown Comparison

The maximum DCFFX drawdown since its inception was -19.20%, smaller than the maximum DIEFX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for DCFFX and DIEFX.

Drawdown Indicators

	DCFFX	DIEFX	Difference
Max Drawdown Largest peak-to-trough decline	-19.20%	-34.96%	+15.76%
Max Drawdown (1Y) Largest decline over 1 year	-2.84%	-11.71%	+8.87%
Max Drawdown (3Y) Largest decline over 3 years	-6.57%	-13.60%	+7.03%
Max Drawdown (5Y) Largest decline over 5 years	-19.20%	-34.96%	+15.76%
Current Drawdown Current decline from peak	-4.08%	0.00%	-4.08%
Average Drawdown Average peak-to-trough decline	-5.36%	-9.15%	+3.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	2.95%	-2.03%

Volatility

DCFFX vs. DIEFX - Volatility Comparison

The current volatility for Destinations Core Fixed Income Fund (DCFFX) is 1.31%, while Destinations International Equity Fund (DIEFX) has a volatility of 5.10%. This indicates that DCFFX experiences smaller price fluctuations and is considered to be less risky than DIEFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DCFFX	DIEFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.31%	5.10%	-3.79%
Volatility (6M) Calculated over the trailing 6-month period	2.65%	12.29%	-9.64%
Volatility (1Y) Calculated over the trailing 1-year period	3.80%	14.51%	-10.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.88%	15.62%	-9.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.76%	15.87%	-11.11%

DCFFX vs. DIEFX - Expense Ratio Comparison

DCFFX has a 0.79% expense ratio, which is lower than DIEFX's 1.16% expense ratio.

Dividends

DCFFX vs. DIEFX - Dividend Comparison

DCFFX's dividend yield for the trailing twelve months is around 3.92%, less than DIEFX's 8.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DCFFX Destinations Core Fixed Income Fund	3.92%	2.99%	3.96%	2.78%	1.73%	3.78%	2.54%	2.87%	2.66%	1.76%
DIEFX Destinations International Equity Fund	8.71%	10.13%	3.63%	1.85%	2.73%	4.50%	0.03%	0.74%	1.50%	0.67%

Frequently Asked Questions

Can I hold both DCFFX and DIEFX in my portfolio?

DCFFX and DIEFX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DCFFX or DIEFX?

DIEFX has higher volatility (5.10%) compared to DCFFX (1.31%). In terms of maximum drawdown, DCFFX dropped -19.20% vs DIEFX's -34.96%.

Which has better risk-adjusted returns?

DIEFX currently has the higher Sharpe Ratio (2.29 vs 1.27), 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.