DFIVX vs. PQIPX

Last updated Aug 4, 2026

DFIVX (DFA International Value Portfolio Institutional Class) and PQIPX (PIMCO Dividend and Income Fund) are both mutual funds - DFIVX is a Foreign Large Cap Equities fund actively managed by Dimensional, while PQIPX is a Global Allocation fund managed by PIMCO. Over the past 10 years, DFIVX returned 12.31%/yr vs 8.17%/yr for PQIPX. Their correlation of 0.88 means they have usually moved in the same direction. DFIVX charges 0.28%/yr vs 0.81%/yr for PQIPX.

Performance

DFIVX vs. PQIPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA International Value Portfolio Institutional Class (DFIVX) and PIMCO Dividend and Income Fund (PQIPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFIVX achieves a 16.48% return, which is significantly higher than PQIPX's 10.46% return. Over the past 10 years, DFIVX has outperformed PQIPX with an annualized return of 12.31%, while PQIPX has yielded a comparatively lower 8.17% annualized return.

DFIVX

• 1D: -0.60%
• 1M: 4.35%
• 6M: 9.19%
• YTD: 16.48%
• 1Y: 37.52%
• 3Y*: 23.08%
• 5Y*: 16.10%
• 10Y*: 12.31%
• ALL TIME*: 7.59%

PQIPX

• 1D: -0.32%
• 1M: 0.97%
• 6M: 6.61%
• YTD: 10.46%
• 1Y: 18.21%
• 3Y*: 13.10%
• 5Y*: 8.47%
• 10Y*: 8.17%
• ALL TIME*: 7.53%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DFIVX DFA International Value Portfolio Institutional Class	$0.00	$0.00	$0.00
PQIPX PIMCO Dividend and Income Fund	$0.00	$0.00	$0.00

DFIVX vs. PQIPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFIVX DFA International Value Portfolio Institutional Class	16.48%	45.24%	6.87%	17.83%	-3.51%	18.57%	-2.13%	15.68%	-17.49%	26.08%
PQIPX PIMCO Dividend and Income Fund	10.46%	17.26%	7.08%	11.93%	-6.37%	18.45%	-1.54%	15.53%	-8.78%	16.08%

Correlation

The correlation between DFIVX and PQIPX is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.82
Correlation (3Y) Balances recent behavior with more history.	0.83
Correlation (5Y) Shows whether the relationship held over a longer period.	0.86
Correlation (10Y) Provides a long-term view across more market conditions.	0.88
Correlation (All Time) Calculated using the full available price history since Dec 15, 2011	0.88

The correlation between DFIVX and PQIPX has been stable across timeframes, ranging from 0.82 to 0.88 - a consistent structural relationship.

Return for Risk

DFIVX vs. PQIPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DFIVX

DFIVX Risk / Return Rank: 93
DFIVX Sharpe Ratio Rank: 96
DFIVX Sortino Ratio Rank: 92
DFIVX Omega Ratio Rank: 89
DFIVX Calmar Ratio Rank: 93
DFIVX Martin Ratio Rank: 94

PQIPX

PQIPX Risk / Return Rank: 95
PQIPX Sharpe Ratio Rank: 97
PQIPX Sortino Ratio Rank: 96
PQIPX Omega Ratio Rank: 95
PQIPX Calmar Ratio Rank: 92
PQIPX Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DFIVX vs. PQIPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA International Value Portfolio Institutional Class (DFIVX) and PIMCO Dividend and Income Fund (PQIPX). 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.

	DFIVX	PQIPX	Difference
Sharpe ratio: Return per unit of total volatility	2.64	2.91	-0.26
Sortino ratio: Return per unit of downside risk	3.57	4.09	-0.52
Omega ratio: Gain probability vs. loss probability	1.47	1.58	-0.11
Calmar ratio: Return relative to maximum drawdown	3.92	3.72	+0.20
Martin ratio: Return relative to average drawdown	15.35	15.42	-0.07

DFIVX vs. PQIPX - Sharpe Ratio Comparison

The current DFIVX Sharpe Ratio is 2.64, which is comparable to the PQIPX Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of DFIVX and PQIPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DFIVX vs. PQIPX - Drawdown Comparison

The maximum DFIVX drawdown since its inception was -66.61%, which is greater than PQIPX's maximum drawdown of -33.13%. Use the drawdown chart below to compare losses from any high point for DFIVX and PQIPX.

Drawdown Indicators

	DFIVX	PQIPX	Difference
Max Drawdown Largest peak-to-trough decline	-66.61%	-33.13%	-33.48%
Max Drawdown (1Y) Largest decline over 1 year	-9.58%	-5.06%	-4.52%
Max Drawdown (3Y) Largest decline over 3 years	-14.39%	-7.69%	-6.70%
Max Drawdown (5Y) Largest decline over 5 years	-25.29%	-15.81%	-9.48%
Max Drawdown (10Y) Largest decline over 10 years	-48.11%	-33.13%	-14.98%
Current Drawdown Current decline from peak	-0.60%	-0.38%	-0.22%
Average Drawdown Average peak-to-trough decline	-12.18%	-4.85%	-7.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.44%	1.22%	+1.22%

Volatility

DFIVX vs. PQIPX - Volatility Comparison

DFA International Value Portfolio Institutional Class (DFIVX) has a higher volatility of 4.24% compared to PIMCO Dividend and Income Fund (PQIPX) at 1.54%. This indicates that DFIVX's price experiences larger fluctuations and is considered to be riskier than PQIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFIVX	PQIPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	1.54%	+2.70%
Volatility (6M) Calculated over the trailing 6-month period	11.76%	5.28%	+6.48%
Volatility (1Y) Calculated over the trailing 1-year period	14.24%	6.48%	+7.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.26%	8.40%	+7.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.68%	11.89%	+5.79%

DFIVX vs. PQIPX - Expense Ratio Comparison

DFIVX has a 0.28% expense ratio, which is lower than PQIPX's 0.81% expense ratio.

Dividends

DFIVX vs. PQIPX - Dividend Comparison

DFIVX's dividend yield for the trailing twelve months is around 3.64%, more than PQIPX's 2.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFIVX DFA International Value Portfolio Institutional Class	3.64%	4.21%	3.94%	4.40%	3.78%	4.37%	2.42%	3.70%	6.60%	2.85%	3.36%	3.45%
PQIPX PIMCO Dividend and Income Fund	2.76%	2.05%	3.02%	4.35%	5.51%	3.96%	2.69%	3.79%	3.73%	2.69%	3.46%	11.08%

Frequently Asked Questions

Can I hold both DFIVX and PQIPX in my portfolio?

DFIVX and PQIPX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFIVX or PQIPX?

DFIVX has higher volatility (4.24%) compared to PQIPX (1.54%). In terms of maximum drawdown, DFIVX dropped -66.61% vs PQIPX's -33.13%.

Which has better risk-adjusted returns?

PQIPX currently has the higher Sharpe Ratio (2.91 vs 2.64), 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.