DGSIX vs. DGEIX

Last updated Jun 4, 2026

DGSIX (DFA Global Allocation 60/40 Portfolio) and DGEIX (DFA Global Equity Portfolio Institutional Class) are both mutual funds - DGSIX is a Diversified Portfolio fund managed by Dimensional, while DGEIX is a Global Equities fund managed by Dimensional. Over the past 10 years, DGSIX returned 8.70%/yr vs 12.51%/yr for DGEIX. With a 0.99 correlation, they move nearly in lockstep. DGSIX charges 0.24%/yr vs 0.25%/yr for DGEIX.

Performance

DGSIX vs. DGEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA Global Allocation 60/40 Portfolio (DGSIX) and DFA Global Equity Portfolio Institutional Class (DGEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGSIX achieves a 8.39% return, which is significantly lower than DGEIX's 13.03% return. Over the past 10 years, DGSIX has underperformed DGEIX with an annualized return of 8.70%, while DGEIX has yielded a comparatively higher 12.51% annualized return.

DGSIX

• 1D: 0.34%
• 1M: 3.26%
• YTD: 8.39%
• 6M: 8.91%
• 1Y: 19.26%
• 3Y*: 14.33%
• 5Y*: 7.70%
• 10Y*: 8.70%

DGEIX

• 1D: 0.47%
• 1M: 4.90%
• YTD: 13.03%
• 6M: 13.93%
• 1Y: 30.01%
• 3Y*: 20.54%
• 5Y*: 10.87%
• 10Y*: 12.51%

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

DGSIX vs. DGEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGSIX DFA Global Allocation 60/40 Portfolio	8.39%	14.06%	11.31%	14.59%	-12.10%	14.24%	11.58%	18.17%	-6.41%	13.11%
DGEIX DFA Global Equity Portfolio Institutional Class	13.03%	19.86%	15.71%	20.35%	-14.72%	20.31%	13.51%	26.68%	-11.48%	21.36%

Correlation

The correlation between DGSIX and DGEIX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since Dec 29, 2003	0.99

The correlation between DGSIX and DGEIX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

Return for Risk

DGSIX vs. DGEIX — Risk / Return Rank

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

DGSIX

DGSIX Risk / Return Rank: 79
DGSIX Sharpe Ratio Rank: 82
DGSIX Sortino Ratio Rank: 81
DGSIX Omega Ratio Rank: 77
DGSIX Calmar Ratio Rank: 74
DGSIX Martin Ratio Rank: 78

DGEIX

DGEIX Risk / Return Rank: 77
DGEIX Sharpe Ratio Rank: 81
DGEIX Sortino Ratio Rank: 75
DGEIX Omega Ratio Rank: 72
DGEIX Calmar Ratio Rank: 77
DGEIX Martin Ratio Rank: 81

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.

DGSIX vs. DGEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA Global Allocation 60/40 Portfolio (DGSIX) and DFA Global Equity Portfolio Institutional Class (DGEIX). 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.

	DGSIX	DGEIX	Difference
Sharpe ratio Return per unit of total volatility	2.65	2.62	+0.03
Sortino ratio Return per unit of downside risk	3.83	3.63	+0.20
Omega ratio Gain probability vs. loss probability	1.50	1.48	+0.03
Calmar ratio Return relative to maximum drawdown	3.38	3.48	-0.09
Martin ratio Return relative to average drawdown	14.79	15.24	-0.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DGSIX vs. DGEIX - Sharpe Ratio Comparison

The current DGSIX Sharpe Ratio is 2.65, which is comparable to the DGEIX Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of DGSIX and DGEIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DGSIX	DGEIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.65	2.62	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.70	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	0.74	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.51	+0.11

Drawdowns

DGSIX vs. DGEIX - Drawdown Comparison

The maximum DGSIX drawdown since its inception was -41.64%, smaller than the maximum DGEIX drawdown of -59.77%. Use the drawdown chart below to compare losses from any high point for DGSIX and DGEIX.

Drawdown Indicators

	DGSIX	DGEIX	Difference
Max Drawdown Largest peak-to-trough decline	-41.64%	-59.77%	+18.13%
Max Drawdown (1Y) Largest decline over 1 year	-5.85%	-8.85%	+3.00%
Max Drawdown (3Y) Largest decline over 3 years	-13.43%	-16.97%	+3.54%
Max Drawdown (5Y) Largest decline over 5 years	-18.36%	-25.20%	+6.84%
Max Drawdown (10Y) Largest decline over 10 years	-23.59%	-37.00%	+13.41%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.43%	-8.00%	+3.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.33%	2.02%	-0.69%

Volatility

DGSIX vs. DGEIX - Volatility Comparison

The current volatility for DFA Global Allocation 60/40 Portfolio (DGSIX) is 2.28%, while DFA Global Equity Portfolio Institutional Class (DGEIX) has a volatility of 3.28%. This indicates that DGSIX experiences smaller price fluctuations and is considered to be less risky than DGEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGSIX	DGEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.28%	3.28%	-1.00%
Volatility (6M) Calculated over the trailing 6-month period	5.87%	9.09%	-3.22%
Volatility (1Y) Calculated over the trailing 1-year period	7.47%	11.75%	-4.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.19%	15.66%	-5.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.38%	16.87%	-6.49%

DGSIX vs. DGEIX - Expense Ratio Comparison

DGSIX has a 0.24% expense ratio, which is lower than DGEIX'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%.

Dividends

DGSIX vs. DGEIX - Dividend Comparison

DGSIX's dividend yield for the trailing twelve months is around 7.96%, more than DGEIX's 2.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGEIX DFA Global Equity Portfolio Institutional Class	2.68%	2.79%	3.64%	3.82%	4.92%	1.94%	2.37%	2.22%	2.62%	1.50%	1.90%	1.98%
DGSIX DFA Global Allocation 60/40 Portfolio	7.96%	8.56%	7.25%	5.27%	4.55%	5.53%	3.39%	2.61%	3.01%	1.29%	1.23%	1.92%

Frequently Asked Questions

Can I hold both DGSIX and DGEIX in my portfolio?

With a correlation of 0.99, DGSIX and DGEIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DGSIX or DGEIX?

DGEIX has higher volatility (3.28%) compared to DGSIX (2.28%). In terms of maximum drawdown, DGSIX dropped -41.64% vs DGEIX's -59.77%.

Which has better risk-adjusted returns?

DGSIX currently has the higher Sharpe Ratio (2.65 vs 2.62), 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.