DFSB vs. TMSF
DFSB (Dimensional Global Sustainability Fixed Income ETF) and TMSF (T. Rowe Price Multi-Sector Income ETF) are both exchange-traded funds - DFSB is a Global Bonds fund actively managed by Dimensional, while TMSF is a Multisector Bonds fund actively managed by T. Rowe Price. Both are actively managed. A 0.65 correlation means they provide meaningful diversification when combined. DFSB charges 0.24%/yr vs 0.37%/yr for TMSF.
Performance
DFSB vs. TMSF - Performance Comparison
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Returns By Period
In the year-to-date period, DFSB achieves a 0.84% return, which is significantly lower than TMSF's 1.71% return.
DFSB
- 1D
- -0.28%
- 1M
- 0.75%
- YTD
- 0.84%
- 6M
- 0.49%
- 1Y
- 4.36%
- 3Y*
- 4.79%
- 5Y*
- —
- 10Y*
- —
TMSF
- 1D
- -0.20%
- 1M
- 0.53%
- YTD
- 1.71%
- 6M
- 2.23%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DFSB vs. TMSF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DFSB Dimensional Global Sustainability Fixed Income ETF | 0.84% | 0.10% |
TMSF T. Rowe Price Multi-Sector Income ETF | 1.71% | 1.29% |
Correlation
The correlation between DFSB and TMSF is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 21, 2025 | 0.65 |
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Return for Risk
DFSB vs. TMSF — Risk / Return Rank
DFSB
TMSF
DFSB vs. TMSF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Global Sustainability Fixed Income ETF (DFSB) and T. Rowe Price Multi-Sector Income ETF (TMSF). 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.
| DFSB | TMSF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.20 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | — | — |
| Martin ratioReturn relative to average drawdown | 4.49 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DFSB | TMSF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 1.99 | -1.11 |
Drawdowns
DFSB vs. TMSF - Drawdown Comparison
The maximum DFSB drawdown since its inception was -5.16%, which is greater than TMSF's maximum drawdown of -2.28%. Use the drawdown chart below to compare losses from any high point for DFSB and TMSF.
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Drawdown Indicators
| DFSB | TMSF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.16% | -2.28% | -2.88% |
Max Drawdown (1Y)Largest decline over 1 year | -3.04% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -4.37% | — | — |
Current DrawdownCurrent decline from peak | -1.12% | -0.25% | -0.87% |
Average DrawdownAverage peak-to-trough decline | -1.26% | -0.38% | -0.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | — | — |
Volatility
DFSB vs. TMSF - Volatility Comparison
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Volatility by Period
| DFSB | TMSF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.62% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.10% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.85% | 2.94% | +0.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.46% | 2.94% | +2.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.46% | 2.94% | +2.52% |
DFSB vs. TMSF - Expense Ratio Comparison
DFSB has a 0.24% expense ratio, which is lower than TMSF's 0.37% expense ratio.
Dividends
DFSB vs. TMSF - Dividend Comparison
DFSB's dividend yield for the trailing twelve months is around 3.61%, more than TMSF's 3.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
DFSB Dimensional Global Sustainability Fixed Income ETF | 3.61% | 3.46% | 4.35% | 5.27% | 0.41% |
TMSF T. Rowe Price Multi-Sector Income ETF | 3.06% | 0.75% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DFSB and TMSF have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DFSB is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DFSB is cheaper with a 0.24% expense ratio, compared with 0.37% for TMSF.
DFSB has the higher dividend yield at 3.61%, compared with 3.06% for TMSF.
DFSB is categorized as Global Bonds, while TMSF is Multisector Bonds. They also come from different issuers: Dimensional and T. Rowe Price. Their fees differ too: 0.24% for DFSB and 0.37% for TMSF.
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