DFAIX vs. SLQD
Compare and contrast key facts about DFA Short-Duration Real Return Portfolio (DFAIX) and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD).
DFAIX is managed by Dimensional Fund Advisors LP. It was launched on Nov 5, 2013. SLQD is a passively managed fund by iShares that tracks the performance of the Markit iBoxx USD Liquid Investment Grade 0-5 Index. It was launched on Oct 15, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFAIX or SLQD.
Performance
DFAIX vs. SLQD - Performance Comparison
Returns By Period
In the year-to-date period, DFAIX achieves a 5.75% return, which is significantly higher than SLQD's 4.38% return. Over the past 10 years, DFAIX has outperformed SLQD with an annualized return of 2.64%, while SLQD has yielded a comparatively lower 2.22% annualized return.
DFAIX
5.75%
0.46%
2.84%
6.63%
3.44%
2.64%
SLQD
4.38%
-0.36%
3.30%
6.79%
2.05%
2.22%
Key characteristics
| DFAIX | SLQD | |
|---|---|---|
| Sharpe Ratio | 7.46 | 3.47 |
| Sortino Ratio | 18.08 | 5.75 |
| Omega Ratio | 5.67 | 1.76 |
| Calmar Ratio | 36.20 | 3.78 |
| Martin Ratio | 179.52 | 23.09 |
| Ulcer Index | 0.04% | 0.31% |
| Daily Std Dev | 0.92% | 2.03% |
| Max Drawdown | -5.63% | -12.69% |
| Current Drawdown | 0.00% | -0.68% |
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DFAIX vs. SLQD - Expense Ratio Comparison
DFAIX has a 0.22% expense ratio, which is higher than SLQD's 0.06% 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%.
Correlation
The correlation between DFAIX and SLQD is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
DFAIX vs. SLQD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Short-Duration Real Return Portfolio (DFAIX) and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD). 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.
Dividends
DFAIX vs. SLQD - Dividend Comparison
DFAIX's dividend yield for the trailing twelve months is around 3.47%, less than SLQD's 3.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFAIX DFA Short-Duration Real Return Portfolio | 3.47% | 3.66% | 1.68% | 0.99% | 0.81% | 2.53% | 2.72% | 1.70% | 1.41% | 1.28% | 0.87% | 0.20% |
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 3.60% | 2.99% | 2.00% | 1.67% | 2.34% | 2.89% | 2.56% | 1.98% | 1.81% | 1.43% | 1.24% | 0.23% |
Drawdowns
DFAIX vs. SLQD - Drawdown Comparison
The maximum DFAIX drawdown since its inception was -5.63%, smaller than the maximum SLQD drawdown of -12.69%. Use the drawdown chart below to compare losses from any high point for DFAIX and SLQD. For additional features, visit the drawdowns tool.
Volatility
DFAIX vs. SLQD - Volatility Comparison
The current volatility for DFA Short-Duration Real Return Portfolio (DFAIX) is 0.23%, while iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) has a volatility of 0.54%. This indicates that DFAIX experiences smaller price fluctuations and is considered to be less risky than SLQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.