DFXIX vs. HOIBX

Last updated Apr 1, 2026

Compare and contrast key facts about DFA Diversified Fixed Income Portfolio (DFXIX) and Homestead Intermediate Bond Fund (HOIBX).

DFXIX is managed by Dimensional. It was launched on Aug 10, 2016. HOIBX is managed by Homestead. It was launched on May 1, 2019.

Performance

DFXIX vs. HOIBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA Diversified Fixed Income Portfolio (DFXIX) and Homestead Intermediate Bond Fund (HOIBX). The values are adjusted to include any dividend payments, if applicable.

DFXIX vs. HOIBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DFXIX DFA Diversified Fixed Income Portfolio	0.29%	5.85%	3.05%	4.93%	-7.88%	-0.56%	5.90%	3.39%
HOIBX Homestead Intermediate Bond Fund	-0.49%	6.55%	1.69%	5.75%	-13.38%	-1.13%	8.70%	4.68%

Returns By Period

In the year-to-date period, DFXIX achieves a 0.29% return, which is significantly higher than HOIBX's -0.49% return.

DFXIX

• 1D: 0.40%
• 1M: -1.29%
• YTD: 0.29%
• 6M: 1.05%
• 1Y: 4.22%
• 3Y*: 3.87%
• 5Y*: 1.45%
• 10Y*: —

HOIBX

• 1D: 0.66%
• 1M: -2.34%
• YTD: -0.49%
• 6M: 0.40%
• 1Y: 3.43%
• 3Y*: 3.30%
• 5Y*: 0.13%
• 10Y*: —

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

DFXIX vs. HOIBX - Expense Ratio Comparison

DFXIX has a 0.15% expense ratio, which is lower than HOIBX's 0.81% expense ratio.

HOIBX

Homestead Intermediate Bond Fund

DFXIX

DFA Diversified Fixed Income Portfolio

Return for Risk

DFXIX vs. HOIBX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DFXIX

DFXIX Risk / Return Rank: 84
DFXIX Sharpe Ratio Rank: 83
DFXIX Sortino Ratio Rank: 86
DFXIX Omega Ratio Rank: 76
DFXIX Calmar Ratio Rank: 90
DFXIX Martin Ratio Rank: 83

HOIBX

HOIBX Risk / Return Rank: 44
HOIBX Sharpe Ratio Rank: 43
HOIBX Sortino Ratio Rank: 40
HOIBX Omega Ratio Rank: 32
HOIBX Calmar Ratio Rank: 63
HOIBX Martin Ratio Rank: 42

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DFXIX vs. HOIBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA Diversified Fixed Income Portfolio (DFXIX) and Homestead Intermediate Bond Fund (HOIBX). 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.

	DFXIX	HOIBX	Difference
Sharpe ratio Return per unit of total volatility	1.57	0.90	+0.67
Sortino ratio Return per unit of downside risk	2.27	1.29	+0.98
Omega ratio Gain probability vs. loss probability	1.29	1.16	+0.12
Calmar ratio Return relative to maximum drawdown	2.57	1.49	+1.08
Martin ratio Return relative to average drawdown	8.40	4.36	+4.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DFXIX vs. HOIBX - Sharpe Ratio Comparison

The current DFXIX Sharpe Ratio is 1.57, which is higher than the HOIBX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of DFXIX and HOIBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DFXIX	HOIBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	0.90	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.02	+0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.28	+0.29

Correlation

The correlation between DFXIX and HOIBX is 0.87, 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.

Dividends

DFXIX vs. HOIBX - Dividend Comparison

DFXIX's dividend yield for the trailing twelve months is around 3.72%, more than HOIBX's 3.39% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFXIX DFA Diversified Fixed Income Portfolio	3.72%	3.21%	3.72%	3.02%	2.69%	2.31%	1.39%	102.11%	2.10%	1.09%
HOIBX Homestead Intermediate Bond Fund	3.39%	3.68%	3.68%	2.67%	2.15%	1.30%	3.02%	2.01%	0.00%	0.00%

Drawdowns

DFXIX vs. HOIBX - Drawdown Comparison

The maximum DFXIX drawdown since its inception was -10.51%, smaller than the maximum HOIBX drawdown of -18.15%. Use the drawdown chart below to compare losses from any high point for DFXIX and HOIBX.

Drawdown Indicators

	DFXIX	HOIBX	Difference
Max Drawdown Largest peak-to-trough decline	-10.51%	-18.15%	+7.64%
Max Drawdown (1Y) Largest decline over 1 year	-1.69%	-2.98%	+1.29%
Max Drawdown (5Y) Largest decline over 5 years	-10.51%	-18.15%	+7.64%
Current Drawdown Current decline from peak	-1.29%	-2.75%	+1.46%
Average Drawdown Average peak-to-trough decline	-2.34%	-6.01%	+3.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.52%	1.02%	-0.50%

Volatility

DFXIX vs. HOIBX - Volatility Comparison

The current volatility for DFA Diversified Fixed Income Portfolio (DFXIX) is 1.09%, while Homestead Intermediate Bond Fund (HOIBX) has a volatility of 1.65%. This indicates that DFXIX experiences smaller price fluctuations and is considered to be less risky than HOIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFXIX	HOIBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.09%	1.65%	-0.56%
Volatility (6M) Calculated over the trailing 6-month period	1.84%	2.69%	-0.85%
Volatility (1Y) Calculated over the trailing 1-year period	2.85%	4.47%	-1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.58%	5.89%	-2.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.85%	5.57%	+24.28%