DGSIX vs. SPY
Compare and contrast key facts about DFA Global Allocation 60/40 Portfolio (DGSIX) and SPDR S&P 500 ETF (SPY).
DGSIX is managed by Dimensional Fund Advisors LP. It was launched on Dec 23, 2003. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGSIX or SPY.
Correlation
The correlation between DGSIX and SPY is 0.93, 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
DGSIX vs. SPY - Performance Comparison
Key characteristics
DGSIX:
0.73
SPY:
2.17
DGSIX:
0.92
SPY:
2.88
DGSIX:
1.16
SPY:
1.41
DGSIX:
0.80
SPY:
3.19
DGSIX:
4.25
SPY:
14.10
DGSIX:
1.59%
SPY:
1.90%
DGSIX:
9.27%
SPY:
12.39%
DGSIX:
-38.20%
SPY:
-55.19%
DGSIX:
-7.99%
SPY:
-3.19%
Returns By Period
In the year-to-date period, DGSIX achieves a 5.42% return, which is significantly lower than SPY's 24.97% return. Over the past 10 years, DGSIX has underperformed SPY with an annualized return of 6.16%, while SPY has yielded a comparatively higher 12.92% annualized return.
DGSIX
5.42%
-6.22%
-1.08%
5.95%
6.18%
6.16%
SPY
24.97%
-0.32%
8.25%
26.85%
14.57%
12.92%
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DGSIX vs. SPY - Expense Ratio Comparison
DGSIX has a 0.24% expense ratio, which is higher than SPY's 0.09% expense ratio. However, 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
DGSIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Global Allocation 60/40 Portfolio (DGSIX) and SPDR S&P 500 ETF (SPY). 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
DGSIX vs. SPY - Dividend Comparison
DGSIX's dividend yield for the trailing twelve months is around 1.33%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGSIX DFA Global Allocation 60/40 Portfolio | 1.33% | 2.55% | 1.69% | 1.69% | 1.20% | 1.94% | 2.60% | 1.82% | 1.88% | 1.92% | 1.98% | 1.62% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
DGSIX vs. SPY - Drawdown Comparison
The maximum DGSIX drawdown since its inception was -38.20%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DGSIX and SPY. For additional features, visit the drawdowns tool.
Volatility
DGSIX vs. SPY - Volatility Comparison
DFA Global Allocation 60/40 Portfolio (DGSIX) has a higher volatility of 6.18% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that DGSIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.