DFTEX vs. DGCFX
Compare and contrast key facts about DFA Intermediate-Term Extended Quality Portfolio Fund (DFTEX) and DFA Global Core Plus Fixed Income Portfolio (DGCFX).
DFTEX is managed by Dimensional Fund Advisors LP. It was launched on Jul 20, 2010. DGCFX is managed by Dimensional Fund Advisors LP. It was launched on Jan 10, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFTEX or DGCFX.
Key characteristics
| DFTEX | DGCFX | |
|---|---|---|
| YTD Return | -0.78% | -0.33% |
| 1Y Return | 4.63% | 5.38% |
| 3Y Return (Ann) | -2.50% | -2.34% |
| 5Y Return (Ann) | 1.03% | 0.66% |
| Sharpe Ratio | 0.66 | 0.94 |
| Daily Std Dev | 6.52% | 5.33% |
| Max Drawdown | -22.83% | -21.77% |
| Current Drawdown | -10.91% | -9.80% |
Correlation
The correlation between DFTEX and DGCFX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DFTEX vs. DGCFX - Performance Comparison
In the year-to-date period, DFTEX achieves a -0.78% return, which is significantly lower than DGCFX's -0.33% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DFTEX vs. DGCFX - Expense Ratio Comparison
DFTEX has a 0.20% expense ratio, which is lower than DGCFX's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DFTEX vs. DGCFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Intermediate-Term Extended Quality Portfolio Fund (DFTEX) and DFA Global Core Plus Fixed Income Portfolio (DGCFX). 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.
Dividends
DFTEX vs. DGCFX - Dividend Comparison
DFTEX's dividend yield for the trailing twelve months is around 3.92%, less than DGCFX's 4.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFTEX DFA Intermediate-Term Extended Quality Portfolio Fund | 3.92% | 3.79% | 3.25% | 4.12% | 3.31% | 3.06% | 3.24% | 3.26% | 3.18% | 3.90% | 3.48% | 2.87% |
DGCFX DFA Global Core Plus Fixed Income Portfolio | 4.05% | 4.03% | 2.26% | 2.45% | 1.78% | 1.92% | 6.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DFTEX vs. DGCFX - Drawdown Comparison
The maximum DFTEX drawdown since its inception was -22.83%, roughly equal to the maximum DGCFX drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for DFTEX and DGCFX. For additional features, visit the drawdowns tool.
Volatility
DFTEX vs. DGCFX - Volatility Comparison
DFA Intermediate-Term Extended Quality Portfolio Fund (DFTEX) has a higher volatility of 1.32% compared to DFA Global Core Plus Fixed Income Portfolio (DGCFX) at 1.19%. This indicates that DFTEX's price experiences larger fluctuations and is considered to be riskier than DGCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.