DFFGX vs. GSGOX

Last updated Apr 1, 2026

Compare and contrast key facts about DFA Short-Term Government Portfolio (DFFGX) and Goldman Sachs Government Income Fund (GSGOX).

DFFGX is managed by Dimensional. It was launched on May 31, 1987. GSGOX is managed by Goldman Sachs. It was launched on Feb 9, 1993.

Performance

DFFGX vs. GSGOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA Short-Term Government Portfolio (DFFGX) and Goldman Sachs Government Income Fund (GSGOX). The values are adjusted to include any dividend payments, if applicable.

DFFGX vs. GSGOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFFGX DFA Short-Term Government Portfolio	0.87%	3.12%	5.29%	5.01%	-4.41%	-1.27%	0.39%	2.52%	1.17%	0.51%
GSGOX Goldman Sachs Government Income Fund	1.75%	6.58%	0.07%	4.07%	-13.16%	-2.47%	6.34%	5.77%	0.30%	1.74%

Returns By Period

DFFGX

• 1D: 0.06%
• 1M: 0.26%
• YTD: 0.87%
• 6M: 1.92%
• 1Y: 2.99%
• 3Y*: 4.36%
• 5Y*: 1.83%
• 10Y*: 1.18%

GSGOX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DFFGX vs. GSGOX - Expense Ratio Comparison

DFFGX has a 0.18% expense ratio, which is lower than GSGOX's 0.82% expense ratio.

GSGOX

Goldman Sachs Government Income Fund

DFFGX

DFA Short-Term Government Portfolio

Return for Risk

DFFGX vs. GSGOX — Risk / Return Rank

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

DFFGX

DFFGX Risk / Return Rank: 86
DFFGX Sharpe Ratio Rank: 82
DFFGX Sortino Ratio Rank: 68
DFFGX Omega Ratio Rank: 99
DFFGX Calmar Ratio Rank: 94
DFFGX Martin Ratio Rank: 86

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.

DFFGX vs. GSGOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA Short-Term Government Portfolio (DFFGX) and Goldman Sachs Government Income Fund (GSGOX). 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.

	DFFGX	GSGOX	Difference
Sharpe ratio Return per unit of total volatility	1.55	—	—
Sortino ratio Return per unit of downside risk	1.70	—	—
Omega ratio Gain probability vs. loss probability	2.20	—	—
Calmar ratio Return relative to maximum drawdown	3.09	—	—
Martin ratio Return relative to average drawdown	9.14	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DFFGX	GSGOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	—	—

Correlation

The correlation between DFFGX and GSGOX is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DFFGX vs. GSGOX - Dividend Comparison

DFFGX's dividend yield for the trailing twelve months is around 2.86%, less than GSGOX's 3.32% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFFGX DFA Short-Term Government Portfolio	2.86%	2.98%	4.87%	3.57%	1.85%	0.15%	0.29%	1.83%	1.53%	1.18%	0.99%	1.27%
GSGOX Goldman Sachs Government Income Fund	3.32%	3.03%	2.26%	2.09%	1.02%	2.30%	1.22%	2.03%	2.01%	1.73%	1.71%	1.53%

Drawdowns

Drawdown Indicators

	DFFGX	GSGOX	Difference
Max Drawdown Largest peak-to-trough decline	-10.09%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-1.00%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-6.49%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-6.49%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-0.86%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.34%	—	—

Volatility

Volatility by Period

	DFFGX	GSGOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.43%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.85%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.57%	—	—