DFSHX vs. SABA
DFSHX (DFA Selectively Hedged Global Fixed Income Portfolio) and SABA (Saba Capital Income & Opportunities Fund II) are both Global Bonds funds. Over the past 10 years, DFSHX returned 1.99%/yr vs 2.87%/yr for SABA. Their 0.15 correlation means their historical movements had little consistent relationship.
Performance
DFSHX vs. SABA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DFSHX achieves a 1.62% return, which is significantly lower than SABA's 4.89% return. Over the past 10 years, DFSHX has underperformed SABA with an annualized return of 1.99%, while SABA has yielded a comparatively higher 2.87% 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%
SABA
- 1D
- -1.20%
- 1M
- -0.02%
- 6M
- 5.57%
- YTD
- 4.89%
- 1Y
- -1.36%
- 3Y*
- 8.95%
- 5Y*
- 3.12%
- 10Y*
- 2.87%
- ALL TIME*
- 7.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $264.60K | $425.07K | $423.68K |
DFSHX vs. SABA - 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% |
SABA Saba Capital Income & Opportunities Fund II | 4.89% | -0.31% | 31.32% | -2.77% | -9.02% | 1.05% | -6.63% | 8.55% | -1.25% | 4.13% |
Correlation
The correlation between DFSHX and SABA is 0.36, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.36 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012 | 0.15 |
Over the past year, DFSHX and SABA have become more correlated (0.36) than their long-term average of 0.15, 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. SABA — Risk / Return Rank
DFSHX
SABA
DFSHX vs. SABA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Selectively Hedged Global Fixed Income Portfolio (DFSHX) and Saba Capital Income & Opportunities Fund II (SABA). 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 | SABA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.39 | ||
| Sortino ratioReturn per unit of downside risk | +3.56 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 0.97 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | -0.28 | +3.03 |
| Martin ratioReturn relative to average drawdown | 10.65 | -0.53 | +11.18 |
Loading charts...
Drawdowns
DFSHX vs. SABA - Drawdown Comparison
The maximum DFSHX drawdown since its inception was -9.58%, smaller than the maximum SABA drawdown of -32.37%. Use the drawdown chart below to compare losses from any high point for DFSHX and SABA.
Loading charts...
Drawdown Indicators
| DFSHX | SABA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.58% | -32.37% | +22.79% |
Max Drawdown (1Y)Largest decline over 1 year | -1.28% | -10.45% | +9.17% |
Max Drawdown (3Y)Largest decline over 3 years | -4.18% | -14.96% | +10.78% |
Max Drawdown (5Y)Largest decline over 5 years | -9.58% | -19.76% | +10.18% |
Max Drawdown (10Y)Largest decline over 10 years | -9.58% | -31.39% | +21.81% |
Current DrawdownCurrent decline from peak | -0.11% | -4.17% | +4.06% |
Average DrawdownAverage peak-to-trough decline | -2.27% | -7.55% | +5.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.33% | 5.57% | -5.24% |
Volatility
DFSHX vs. SABA - Volatility Comparison
The current volatility for DFA Selectively Hedged Global Fixed Income Portfolio (DFSHX) is 0.58%, while Saba Capital Income & Opportunities Fund II (SABA) has a volatility of 3.33%. This indicates that DFSHX experiences smaller price fluctuations and is considered to be less risky than SABA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DFSHX | SABA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.58% | 3.33% | -2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 1.50% | 8.63% | -7.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.65% | 11.65% | -10.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.38% | 14.61% | -11.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.64% | 16.64% | -14.00% |
Dividends
DFSHX vs. SABA - Dividend Comparison
DFSHX's dividend yield for the trailing twelve months is around 4.19%, less than SABA's 9.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SABA Saba Capital Income & Opportunities Fund II | 9.66% | 9.65% | 8.32% | 11.43% | 9.14% | 7.19% | 4.00% | 6.68% | 5.81% | 4.44% | 4.63% | 4.72% |
Frequently Asked Questions
DFSHX and SABA have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SABA has higher volatility (3.33%) compared to DFSHX (0.58%). In terms of maximum drawdown, DFSHX dropped -9.58% vs SABA's -32.37%.
DFSHX currently has the higher Sharpe Ratio (2.14 vs -0.25), 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 SABA
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