DFFGX vs. WHOSX

Last updated Jun 5, 2026

DFFGX (DFA Short-Term Government Portfolio) and WHOSX (Wasatch-Hoisington U.S. Treasury Fund) are both Government Bonds funds. Over the past 10 years, DFFGX returned 1.23%/yr vs -2.61%/yr for WHOSX. At a 0.50 correlation, their price movements are largely independent. DFFGX charges 0.18%/yr vs 0.67%/yr for WHOSX.

Performance

DFFGX vs. WHOSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA Short-Term Government Portfolio (DFFGX) and Wasatch-Hoisington U.S. Treasury Fund (WHOSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFFGX achieves a 1.38% return, which is significantly higher than WHOSX's -1.05% return. Over the past 10 years, DFFGX has outperformed WHOSX with an annualized return of 1.23%, while WHOSX has yielded a comparatively lower -2.61% annualized return.

DFFGX

• 1D: 0.00%
• 1M: 0.20%
• YTD: 1.38%
• 6M: 1.72%
• 1Y: 2.69%
• 3Y*: 4.29%
• 5Y*: 1.81%
• 10Y*: 1.23%

WHOSX

• 1D: 0.00%
• 1M: 0.10%
• YTD: -1.05%
• 6M: -2.05%
• 1Y: 2.76%
• 3Y*: -3.84%
• 5Y*: -7.98%
• 10Y*: -2.61%

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

DFFGX vs. WHOSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFFGX DFA Short-Term Government Portfolio	1.38%	3.12%	5.29%	5.01%	-4.41%	-1.27%	0.39%	2.52%	1.17%	0.51%
WHOSX Wasatch-Hoisington U.S. Treasury Fund	-1.05%	2.34%	-10.95%	1.39%	-34.13%	-4.94%	20.05%	17.15%	-3.84%	10.46%

Correlation

The correlation between DFFGX and WHOSX is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since May 14, 1987	0.50

Over the past year, the correlation between DFFGX and WHOSX has dropped to 0.10 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.

Return for Risk

DFFGX vs. WHOSX — Risk / Return Rank

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

DFFGX

DFFGX Risk / Return Rank: 63
DFFGX Sharpe Ratio Rank: 64
DFFGX Sortino Ratio Rank: 43
DFFGX Omega Ratio Rank: 99
DFFGX Calmar Ratio Rank: 56
DFFGX Martin Ratio Rank: 52

WHOSX

WHOSX Risk / Return Rank: 6
WHOSX Sharpe Ratio Rank: 6
WHOSX Sortino Ratio Rank: 6
WHOSX Omega Ratio Rank: 6
WHOSX Calmar Ratio Rank: 7
WHOSX Martin Ratio Rank: 5

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. WHOSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA Short-Term Government Portfolio (DFFGX) and Wasatch-Hoisington U.S. Treasury Fund (WHOSX). 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	WHOSX	Difference
Sharpe ratio: Return per unit of total volatility	2.33	0.42	+1.91
Sortino ratio: Return per unit of downside risk	2.70	0.68	+2.03
Omega ratio: Gain probability vs. loss probability	2.73	1.08	+1.64
Calmar ratio: Return relative to maximum drawdown	2.83	0.62	+2.21
Martin ratio: Return relative to average drawdown	10.57	1.11	+9.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DFFGX vs. WHOSX - Sharpe Ratio Comparison

The current DFFGX Sharpe Ratio is 2.33, which is higher than the WHOSX Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of DFFGX and WHOSX, 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

	DFFGX	WHOSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	0.42	+1.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	-0.46	+1.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	-0.15	+0.94
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.30	-0.09

Drawdowns

DFFGX vs. WHOSX - Drawdown Comparison

The maximum DFFGX drawdown since its inception was -6.49%, smaller than the maximum WHOSX drawdown of -53.95%. Use the drawdown chart below to compare losses from any high point for DFFGX and WHOSX.

Drawdown Indicators

	DFFGX	WHOSX	Difference
Max Drawdown Largest peak-to-trough decline	-6.49%	-53.95%	+47.46%
Max Drawdown (1Y) Largest decline over 1 year	-1.00%	-7.80%	+6.80%
Max Drawdown (3Y) Largest decline over 3 years	-1.19%	-20.73%	+19.54%
Max Drawdown (5Y) Largest decline over 5 years	-6.49%	-47.93%	+41.44%
Max Drawdown (10Y) Largest decline over 10 years	-6.49%	-53.95%	+47.46%
Current Drawdown Current decline from peak	-0.10%	-49.28%	+49.18%
Average Drawdown Average peak-to-trough decline	-0.77%	-11.46%	+10.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.27%	4.35%	-4.08%

Volatility

DFFGX vs. WHOSX - Volatility Comparison

DFA Short-Term Government Portfolio (DFFGX) has a higher volatility of 0.35% compared to Wasatch-Hoisington U.S. Treasury Fund (WHOSX) at 0.14%. This indicates that DFFGX's price experiences larger fluctuations and is considered to be riskier than WHOSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFFGX	WHOSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.35%	0.14%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	0.52%	6.78%	-6.26%
Volatility (1Y) Calculated over the trailing 1-year period	1.21%	11.66%	-10.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.84%	17.56%	-15.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.56%	17.24%	-15.68%

DFFGX vs. WHOSX - Expense Ratio Comparison

DFFGX has a 0.18% expense ratio, which is lower than WHOSX's 0.67% expense ratio.

Dividends

DFFGX vs. WHOSX - Dividend Comparison

DFFGX's dividend yield for the trailing twelve months is around 2.84%, less than WHOSX's 4.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFFGX DFA Short-Term Government Portfolio	2.84%	2.98%	4.87%	3.57%	1.85%	0.15%	0.29%	1.83%	1.53%	1.18%	0.99%	1.27%
WHOSX Wasatch-Hoisington U.S. Treasury Fund	4.11%	4.05%	3.80%	2.90%	2.45%	1.31%	7.99%	1.83%	2.22%	1.96%	10.89%	7.33%

Frequently Asked Questions

Can I hold both DFFGX and WHOSX in my portfolio?

DFFGX and WHOSX 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.

Which is riskier, DFFGX or WHOSX?

DFFGX has higher volatility (0.35%) compared to WHOSX (0.14%). In terms of maximum drawdown, DFFGX dropped -6.49% vs WHOSX's -53.95%.

Which has better risk-adjusted returns?

DFFGX currently has the higher Sharpe Ratio (2.33 vs 0.42), 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.