DFSHX vs. DFFVX
DFSHX (DFA Selectively Hedged Global Fixed Income Portfolio) and DFFVX (DFA U.S. Targeted Value Portfolio Institutional Class) are both mutual funds - DFSHX is a Global Bonds fund managed by Dimensional, while DFFVX is a Small Cap Value Equities fund actively managed by Dimensional. Over the past 10 years, DFSHX returned 1.99%/yr vs 11.29%/yr for DFFVX. Their 0.06 correlation means their historical movements had little consistent relationship. DFSHX charges 0.16%/yr vs 0.29%/yr for DFFVX.
Performance
DFSHX vs. DFFVX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DFSHX achieves a 1.62% return, which is significantly lower than DFFVX's 20.09% return. Over the past 10 years, DFSHX has underperformed DFFVX with an annualized return of 1.99%, while DFFVX has yielded a comparatively higher 11.29% annualized return.
DFSHX
- 1D
- 0.21%
- 1M
- 0.11%
- 6M
- 0.97%
- YTD
- 1.62%
- 1Y
- 3.39%
- 3Y*
- 4.91%
- 5Y*
- 1.91%
- 10Y*
- 1.99%
- ALL TIME*
- 1.47%
DFFVX
- 1D
- -0.14%
- 1M
- 1.73%
- 6M
- 12.71%
- YTD
- 20.09%
- 1Y
- 35.50%
- 3Y*
- 14.93%
- 5Y*
- 10.96%
- 10Y*
- 11.29%
- ALL TIME*
- 11.23%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
DFSHX vs. DFFVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DFSHX DFA Selectively Hedged Global Fixed Income Portfolio | 1.62% | 4.84% | 5.66% | 5.55% | -6.24% | -0.82% | 2.33% | 4.82% | 1.83% | 2.61% |
DFFVX DFA U.S. Targeted Value Portfolio Institutional Class | 20.09% | 9.53% | 9.34% | 19.37% | -4.66% | 31.53% | 3.78% | 21.51% | -15.79% | 9.20% |
Correlation
The correlation between DFSHX and DFFVX is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.03 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012 | 0.06 |
Over the past year, DFSHX and DFFVX have become more correlated (0.37) than their long-term average of 0.06, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DFSHX vs. DFFVX — Risk / Return Rank
DFSHX
DFFVX
DFSHX vs. DFFVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Selectively Hedged Global Fixed Income Portfolio (DFSHX) and DFA U.S. Targeted Value Portfolio Institutional Class (DFFVX). 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.
| DFSHX | DFFVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.35 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 3.28 | -0.53 |
| Martin ratioReturn relative to average drawdown | 10.65 | 11.12 | -0.47 |
Loading charts...
Drawdowns
DFSHX vs. DFFVX - Drawdown Comparison
The maximum DFSHX drawdown since its inception was -9.58%, smaller than the maximum DFFVX drawdown of -64.21%. Use the drawdown chart below to compare losses from any high point for DFSHX and DFFVX.
Loading charts...
Drawdown Indicators
| DFSHX | DFFVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.58% | -64.21% | +54.63% |
Max Drawdown (1Y)Largest decline over 1 year | -1.28% | -9.70% | +8.42% |
Max Drawdown (3Y)Largest decline over 3 years | -4.18% | -26.09% | +21.91% |
Max Drawdown (5Y)Largest decline over 5 years | -9.58% | -26.09% | +16.51% |
Max Drawdown (10Y)Largest decline over 10 years | -9.58% | -50.75% | +41.17% |
Current DrawdownCurrent decline from peak | -0.11% | -0.97% | +0.86% |
Average DrawdownAverage peak-to-trough decline | -2.27% | -9.65% | +7.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.33% | 2.86% | -2.53% |
Volatility
DFSHX vs. DFFVX - Volatility Comparison
The current volatility for DFA Selectively Hedged Global Fixed Income Portfolio (DFSHX) is 0.58%, while DFA U.S. Targeted Value Portfolio Institutional Class (DFFVX) has a volatility of 3.35%. This indicates that DFSHX experiences smaller price fluctuations and is considered to be less risky than DFFVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DFSHX | DFFVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.58% | 3.35% | -2.77% |
Volatility (6M)Calculated over the trailing 6-month period | 1.50% | 10.52% | -9.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.65% | 16.43% | -14.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.38% | 21.27% | -17.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.64% | 23.55% | -20.91% |
DFSHX vs. DFFVX - Expense Ratio Comparison
DFSHX has a 0.16% expense ratio, which is lower than DFFVX's 0.29% expense ratio.
Dividends
DFSHX vs. DFFVX - Dividend Comparison
DFSHX's dividend yield for the trailing twelve months is around 4.19%, more than DFFVX's 1.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFFVX DFA U.S. Targeted Value Portfolio Institutional Class | 1.49% | 1.69% | 1.40% | 2.26% | 5.17% | 2.74% | 1.52% | 3.82% | 5.95% | 5.16% | 3.95% | 5.84% |
DFSHX DFA Selectively Hedged Global Fixed Income Portfolio | 4.19% | 4.26% | 4.50% | 3.90% | 0.04% | 1.77% | 0.03% | 2.52% | 3.23% | 1.75% | 1.63% | 1.11% |
Frequently Asked Questions
DFSHX and DFFVX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DFFVX has higher volatility (3.35%) compared to DFSHX (0.58%). In terms of maximum drawdown, DFSHX dropped -9.58% vs DFFVX's -64.21%.
DFSHX currently has the higher Sharpe Ratio (2.14 vs 1.94), 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.
Find the right allocation for DFSHX and DFFVX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer