DIEFX vs. DCFFX

Last updated Jun 3, 2026

DIEFX (Destinations International Equity Fund) and DCFFX (Destinations Core Fixed Income Fund) are both mutual funds - DIEFX is a Foreign Large Cap Equities fund managed by Destinations Funds, while DCFFX is a Intermediate Core-Plus Bond fund managed by Destinations Funds. Over the past 5 years, DIEFX returned 6.41%/yr vs -0.47%/yr for DCFFX. At a 0.11 correlation, their price movements are largely independent. DIEFX charges 1.16%/yr vs 0.79%/yr for DCFFX.

Performance

DIEFX vs. DCFFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Destinations International Equity Fund (DIEFX) and Destinations Core Fixed Income Fund (DCFFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIEFX achieves a 16.22% return, which is significantly higher than DCFFX's 0.39% return.

DIEFX

• 1D: 0.35%
• 1M: 5.43%
• YTD: 16.22%
• 6M: 19.13%
• 1Y: 31.01%
• 3Y*: 18.33%
• 5Y*: 6.41%
• 10Y*: —

DCFFX

• 1D: 0.00%
• 1M: 0.05%
• YTD: 0.39%
• 6M: 0.35%
• 1Y: 5.08%
• 3Y*: 3.69%
• 5Y*: -0.47%
• 10Y*: —

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

DIEFX vs. DCFFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIEFX Destinations International Equity Fund	16.22%	30.39%	1.85%	15.54%	-20.97%	1.40%	23.41%	25.07%	-14.41%	17.71%
DCFFX Destinations Core Fixed Income Fund	0.39%	5.65%	2.28%	5.11%	-14.66%	-1.43%	4.71%	6.94%	0.03%	2.07%

Correlation

The correlation between DIEFX and DCFFX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (All Time) Calculated using the full available price history since Mar 21, 2017	0.11

Over the past year, DIEFX and DCFFX have become more correlated (0.40) than their long-term average of 0.11, meaning their price movements have been converging.

Return for Risk

DIEFX vs. DCFFX — Risk / Return Rank

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

DIEFX

DIEFX Risk / Return Rank: 56
DIEFX Sharpe Ratio Rank: 61
DIEFX Sortino Ratio Rank: 57
DIEFX Omega Ratio Rank: 57
DIEFX Calmar Ratio Rank: 53
DIEFX Martin Ratio Rank: 54

DCFFX

DCFFX Risk / Return Rank: 23
DCFFX Sharpe Ratio Rank: 19
DCFFX Sortino Ratio Rank: 20
DCFFX Omega Ratio Rank: 19
DCFFX Calmar Ratio Rank: 30
DCFFX Martin Ratio Rank: 26

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.

DIEFX vs. DCFFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Destinations International Equity Fund (DIEFX) and Destinations Core Fixed Income Fund (DCFFX). 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.

	DIEFX	DCFFX	Difference
Sharpe ratio Return per unit of total volatility	2.29	1.27	+1.02
Sortino ratio Return per unit of downside risk	3.17	1.87	+1.30
Omega ratio Gain probability vs. loss probability	1.42	1.23	+0.19
Calmar ratio Return relative to maximum drawdown	2.78	2.09	+0.69
Martin ratio Return relative to average drawdown	11.04	6.43	+4.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIEFX vs. DCFFX - Sharpe Ratio Comparison

The current DIEFX Sharpe Ratio is 2.29, which is higher than the DCFFX Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of DIEFX and DCFFX, 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

	DIEFX	DCFFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.29	1.27	+1.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	-0.08	+0.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.21	+0.36

Drawdowns

DIEFX vs. DCFFX - Drawdown Comparison

The maximum DIEFX drawdown since its inception was -34.96%, which is greater than DCFFX's maximum drawdown of -19.20%. Use the drawdown chart below to compare losses from any high point for DIEFX and DCFFX.

Drawdown Indicators

	DIEFX	DCFFX	Difference
Max Drawdown Largest peak-to-trough decline	-34.96%	-19.20%	-15.76%
Max Drawdown (1Y) Largest decline over 1 year	-11.71%	-2.84%	-8.87%
Max Drawdown (3Y) Largest decline over 3 years	-13.60%	-6.57%	-7.03%
Max Drawdown (5Y) Largest decline over 5 years	-34.96%	-19.20%	-15.76%
Current Drawdown Current decline from peak	0.00%	-4.08%	+4.08%
Average Drawdown Average peak-to-trough decline	-9.15%	-5.36%	-3.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	0.92%	+2.03%

Volatility

DIEFX vs. DCFFX - Volatility Comparison

Destinations International Equity Fund (DIEFX) has a higher volatility of 5.10% compared to Destinations Core Fixed Income Fund (DCFFX) at 1.31%. This indicates that DIEFX's price experiences larger fluctuations and is considered to be riskier than DCFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIEFX	DCFFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.10%	1.31%	+3.79%
Volatility (6M) Calculated over the trailing 6-month period	12.29%	2.65%	+9.64%
Volatility (1Y) Calculated over the trailing 1-year period	14.51%	3.80%	+10.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.62%	5.88%	+9.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.87%	4.76%	+11.11%

DIEFX vs. DCFFX - Expense Ratio Comparison

DIEFX has a 1.16% expense ratio, which is higher than DCFFX's 0.79% expense ratio.

Dividends

DIEFX vs. DCFFX - Dividend Comparison

DIEFX's dividend yield for the trailing twelve months is around 8.71%, more than DCFFX's 3.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DCFFX Destinations Core Fixed Income Fund	3.92%	2.99%	3.96%	2.78%	1.73%	3.78%	2.54%	2.87%	2.66%	1.76%
DIEFX Destinations International Equity Fund	8.71%	10.13%	3.63%	1.85%	2.73%	4.50%	0.03%	0.74%	1.50%	0.67%

Frequently Asked Questions

Can I hold both DIEFX and DCFFX in my portfolio?

DIEFX and DCFFX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIEFX or DCFFX?

DIEFX has higher volatility (5.10%) compared to DCFFX (1.31%). In terms of maximum drawdown, DIEFX dropped -34.96% vs DCFFX's -19.20%.

Which has better risk-adjusted returns?

DIEFX currently has the higher Sharpe Ratio (2.29 vs 1.27), 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.