Correlation
The correlation between DGSIX and SPY is 0.94, 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.
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.
Performance
DGSIX vs. SPY - Performance Comparison
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Key characteristics
DGSIX:
0.38
SPY:
0.70
DGSIX:
0.51
SPY:
1.02
DGSIX:
1.08
SPY:
1.15
DGSIX:
0.27
SPY:
0.68
DGSIX:
0.79
SPY:
2.57
DGSIX:
4.64%
SPY:
4.93%
DGSIX:
11.30%
SPY:
20.42%
DGSIX:
-42.05%
SPY:
-55.19%
DGSIX:
-4.09%
SPY:
-3.55%
Returns By Period
In the year-to-date period, DGSIX achieves a 3.10% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, DGSIX has underperformed SPY with an annualized return of 4.95%, while SPY has yielded a comparatively higher 12.73% annualized return.
DGSIX
3.10%
3.61%
-3.80%
4.32%
4.60%
5.96%
4.95%
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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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 Rank
DGSIX
SPY
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.
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Dividends
DGSIX vs. SPY - Dividend Comparison
DGSIX's dividend yield for the trailing twelve months is around 7.12%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGSIX DFA Global Allocation 60/40 Portfolio | 7.12% | 7.25% | 5.27% | 4.55% | 4.94% | 3.40% | 2.61% | 3.00% | 2.11% | 2.03% | 1.92% | 1.98% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DGSIX vs. SPY - Drawdown Comparison
The maximum DGSIX drawdown since its inception was -42.05%, 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.
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Volatility
DGSIX vs. SPY - Volatility Comparison
The current volatility for DFA Global Allocation 60/40 Portfolio (DGSIX) is 2.44%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. This indicates that DGSIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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