DIAX vs. DMA

Last updated Jun 5, 2026

DIAX (Dimensional International Core Equity Fund) and DMA (Dimensional Managed Account Fund) are both mutual funds - DIAX is a International Equity fund managed by Dimensional Fund Advisors, while DMA is a Diversified Portfolio fund managed by Dimensional Fund Advisors. At a 0.29 correlation, their price movements are largely independent. DIAX charges 0.01%/yr vs 0.03%/yr for DMA.

Performance

DIAX vs. DMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional International Core Equity Fund (DIAX) and Dimensional Managed Account Fund (DMA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DIAX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DMA

• 1D: -0.65%
• 1M: 3.09%
• YTD: -9.21%
• 6M: -5.55%
• 1Y: -0.01%
• 3Y*: 19.15%
• 5Y*: —
• 10Y*: —

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

DIAX vs. DMA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DIAX Dimensional International Core Equity Fund	-5.70%	10.13%	16.51%	-2.11%	-6.27%
DMA Dimensional Managed Account Fund	-9.21%	16.89%	41.06%	-3.81%	-15.90%

Correlation

The correlation between DIAX and DMA is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (All Time) Calculated using the full available price history since Jan 14, 2022	0.29

Return for Risk

DIAX vs. DMA — Risk / Return Rank

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

DMA

DMA Risk / Return Rank: 3
DMA Sharpe Ratio Rank: 3
DMA Sortino Ratio Rank: 3
DMA Omega Ratio Rank: 3
DMA Calmar Ratio Rank: 3
DMA Martin Ratio Rank: 3

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.

DIAX vs. DMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International Core Equity Fund (DIAX) and Dimensional Managed Account Fund (DMA). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DIAX	DMA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.18	—

Drawdowns

Drawdown Indicators

	DIAX	DMA	Difference
Max Drawdown Largest peak-to-trough decline	—	-38.85%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-18.34%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.34%	—
Current Drawdown Current decline from peak	—	-10.83%	—
Average Drawdown Average peak-to-trough decline	—	-11.31%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.01%	—

Volatility

Volatility by Period

	DIAX	DMA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	14.04%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	24.29%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.29%	—

DIAX vs. DMA - Expense Ratio Comparison

DIAX has a 0.01% expense ratio, which is lower than DMA's 0.03% 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

DIAX vs. DMA - Dividend Comparison

DIAX's dividend yield for the trailing twelve months is around 8.54%, less than DMA's 15.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIAX Dimensional International Core Equity Fund	8.54%	7.89%	7.71%	8.19%	7.39%	6.15%	7.33%	6.68%	7.69%	5.63%	6.95%	7.41%
DMA Dimensional Managed Account Fund	15.66%	9.42%	3.83%	5.22%	10.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIAX and DMA in my portfolio?

DIAX and DMA have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.