DGEFX vs. DLCFX

Last updated Jun 24, 2026

DGEFX (Destinations Equity Income Fund) and DLCFX (Destinations Large Cap Equity Fund) are both mutual funds - DGEFX is a Large Cap Value Equities fund managed by Destinations Funds, while DLCFX is a Large Cap Blend Equities fund managed by Destinations Funds. Over the past 5 years, DGEFX returned 10.18%/yr vs 9.34%/yr for DLCFX. A 0.75 correlation means they provide meaningful diversification when combined. DGEFX charges 0.92%/yr vs 0.80%/yr for DLCFX.

Performance

DGEFX vs. DLCFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Destinations Equity Income Fund (DGEFX) and Destinations Large Cap Equity Fund (DLCFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGEFX achieves a 8.28% return, which is significantly higher than DLCFX's 5.20% return.

DGEFX

• 1D: 0.20%
• 1M: -0.94%
• YTD: 8.28%
• 6M: 7.79%
• 1Y: 19.99%
• 3Y*: 15.76%
• 5Y*: 10.18%
• 10Y*: —

DLCFX

• 1D: -0.64%
• 1M: -0.46%
• YTD: 5.20%
• 6M: 4.12%
• 1Y: 17.23%
• 3Y*: 17.70%
• 5Y*: 9.34%
• 10Y*: —

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

DGEFX vs. DLCFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGEFX Destinations Equity Income Fund	8.28%	18.95%	13.27%	5.11%	-1.12%	22.41%	-4.09%	21.80%	-5.48%	8.87%
DLCFX Destinations Large Cap Equity Fund	5.20%	14.72%	20.72%	24.88%	-18.90%	20.57%	21.14%	28.72%	-6.04%	14.37%

Correlation

The correlation between DGEFX and DLCFX is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Mar 20, 2017	0.75

The correlation between DGEFX and DLCFX shifts across timeframes, from 0.60 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DGEFX vs. DLCFX — Risk / Return Rank

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

DGEFX

DGEFX Risk / Return Rank: 68
DGEFX Sharpe Ratio Rank: 71
DGEFX Sortino Ratio Rank: 72
DGEFX Omega Ratio Rank: 62
DGEFX Calmar Ratio Rank: 70
DGEFX Martin Ratio Rank: 63

DLCFX

DLCFX Risk / Return Rank: 33
DLCFX Sharpe Ratio Rank: 34
DLCFX Sortino Ratio Rank: 33
DLCFX Omega Ratio Rank: 33
DLCFX Calmar Ratio Rank: 30
DLCFX Martin Ratio Rank: 37

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.

DGEFX vs. DLCFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Destinations Equity Income Fund (DGEFX) and Destinations Large Cap Equity Fund (DLCFX). 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.

	DGEFX	DLCFX	Difference
Sharpe ratio: Return per unit of total volatility	2.25	1.56	+0.69
Sortino ratio: Return per unit of downside risk	3.21	2.22	+0.99
Omega ratio: Gain probability vs. loss probability	1.40	1.28	+0.12
Calmar ratio: Return relative to maximum drawdown	3.10	1.92	+1.18
Martin ratio: Return relative to average drawdown	11.53	7.72	+3.81

DGEFX vs. DLCFX - Sharpe Ratio Comparison

The current DGEFX Sharpe Ratio is 2.25, which is higher than the DLCFX Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of DGEFX and DLCFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DGEFX vs. DLCFX - Drawdown Comparison

The maximum DGEFX drawdown since its inception was -36.34%, roughly equal to the maximum DLCFX drawdown of -34.88%. Use the drawdown chart below to compare losses from any high point for DGEFX and DLCFX.

Drawdown Indicators

	DGEFX	DLCFX	Difference
Max Drawdown Largest peak-to-trough decline	-36.34%	-34.88%	-1.46%
Max Drawdown (1Y) Largest decline over 1 year	-6.89%	-9.83%	+2.94%
Max Drawdown (3Y) Largest decline over 3 years	-11.72%	-26.58%	+14.86%
Max Drawdown (5Y) Largest decline over 5 years	-17.18%	-27.94%	+10.76%
Current Drawdown Current decline from peak	-1.68%	-2.16%	+0.48%
Average Drawdown Average peak-to-trough decline	-4.01%	-6.34%	+2.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	2.41%	-0.57%

Volatility

DGEFX vs. DLCFX - Volatility Comparison

The current volatility for Destinations Equity Income Fund (DGEFX) is 2.73%, while Destinations Large Cap Equity Fund (DLCFX) has a volatility of 4.44%. This indicates that DGEFX experiences smaller price fluctuations and is considered to be less risky than DLCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGEFX	DLCFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.73%	4.44%	-1.71%
Volatility (6M) Calculated over the trailing 6-month period	7.35%	9.67%	-2.32%
Volatility (1Y) Calculated over the trailing 1-year period	9.51%	12.11%	-2.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.52%	19.99%	-7.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.55%	20.18%	-5.63%

DGEFX vs. DLCFX - Expense Ratio Comparison

DGEFX has a 0.92% expense ratio, which is higher than DLCFX's 0.80% expense ratio.

Dividends

DGEFX vs. DLCFX - Dividend Comparison

DGEFX's dividend yield for the trailing twelve months is around 8.31%, more than DLCFX's 6.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGEFX Destinations Equity Income Fund	8.31%	8.57%	2.70%	3.91%	4.69%	2.87%	4.43%	3.76%	7.05%	2.79%
DLCFX Destinations Large Cap Equity Fund	6.90%	7.26%	15.20%	4.70%	5.64%	17.51%	1.92%	1.79%	3.76%	0.67%

Frequently Asked Questions

Can I hold both DGEFX and DLCFX in my portfolio?

DGEFX and DLCFX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DGEFX or DLCFX?

DLCFX has higher volatility (4.44%) compared to DGEFX (2.73%). In terms of maximum drawdown, DGEFX dropped -36.34% vs DLCFX's -34.88%.

Which has better risk-adjusted returns?

DGEFX currently has the higher Sharpe Ratio (2.25 vs 1.56), 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.