DIEFX vs. DFWVX

Last updated Jun 25, 2026

DIEFX (Destinations International Equity Fund) and DFWVX (DFA World ex U.S. Value Portfolio Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, DIEFX returned 5.84%/yr vs 16.06%/yr for DFWVX. Their correlation of 0.88 suggests significant overlap in exposure. DIEFX charges 1.16%/yr vs 0.40%/yr for DFWVX.

Performance

DIEFX vs. DFWVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Destinations International Equity Fund (DIEFX) and DFA World ex U.S. Value Portfolio Fund (DFWVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DIEFX having a 13.32% return and DFWVX slightly lower at 13.12%.

DIEFX

• 1D: -3.16%
• 1M: 0.06%
• YTD: 13.32%
• 6M: 13.25%
• 1Y: 26.01%
• 3Y*: 17.37%
• 5Y*: 5.84%
• 10Y*: —

DFWVX

• 1D: -2.65%
• 1M: -0.82%
• YTD: 13.12%
• 6M: 12.99%
• 1Y: 33.55%
• 3Y*: 22.79%
• 5Y*: 16.06%
• 10Y*: 29.70%

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

DIEFX vs. DFWVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIEFX Destinations International Equity Fund	13.32%	30.39%	1.85%	15.54%	-20.97%	1.40%	23.41%	25.07%	-14.41%	17.71%
DFWVX DFA World ex U.S. Value Portfolio Fund	13.12%	40.30%	6.66%	17.37%	-6.41%	32.65%	-0.40%	344.89%	-16.69%	17.91%

Correlation

The correlation between DIEFX and DFWVX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Mar 20, 2017	0.88

The correlation between DIEFX and DFWVX has been stable across timeframes, ranging from 0.88 to 0.93 - a consistent structural relationship.

Return for Risk

DIEFX vs. DFWVX — Risk / Return Rank

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

DIEFX

DIEFX Risk / Return Rank: 49
DIEFX Sharpe Ratio Rank: 50
DIEFX Sortino Ratio Rank: 45
DIEFX Omega Ratio Rank: 51
DIEFX Calmar Ratio Rank: 49
DIEFX Martin Ratio Rank: 51

DFWVX

DFWVX Risk / Return Rank: 82
DFWVX Sharpe Ratio Rank: 88
DFWVX Sortino Ratio Rank: 80
DFWVX Omega Ratio Rank: 82
DFWVX Calmar Ratio Rank: 83
DFWVX Martin Ratio Rank: 78

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. DFWVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Destinations International Equity Fund (DIEFX) and DFA World ex U.S. Value Portfolio Fund (DFWVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DIEFX	DFWVX	Difference
Sharpe ratio: Return per unit of total volatility	1.81	2.63	-0.82
Sortino ratio: Return per unit of downside risk	2.47	3.48	-1.01
Omega ratio: Gain probability vs. loss probability	1.34	1.49	-0.15
Calmar ratio: Return relative to maximum drawdown	2.44	3.63	-1.20
Martin ratio: Return relative to average drawdown	9.36	13.43	-4.07

DIEFX vs. DFWVX - Sharpe Ratio Comparison

The current DIEFX Sharpe Ratio is 1.81, which is lower than the DFWVX Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of DIEFX and DFWVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DIEFX vs. DFWVX - Drawdown Comparison

The maximum DIEFX drawdown since its inception was -34.96%, smaller than the maximum DFWVX drawdown of -41.32%. Use the drawdown chart below to compare losses from any high point for DIEFX and DFWVX.

Drawdown Indicators

	DIEFX	DFWVX	Difference
Max Drawdown Largest peak-to-trough decline	-34.96%	-41.32%	+6.36%
Max Drawdown (1Y) Largest decline over 1 year	-11.71%	-9.91%	-1.80%
Max Drawdown (3Y) Largest decline over 3 years	-13.60%	-14.11%	+0.51%
Max Drawdown (5Y) Largest decline over 5 years	-34.96%	-24.59%	-10.37%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.32%	—
Current Drawdown Current decline from peak	-3.16%	-3.57%	+0.41%
Average Drawdown Average peak-to-trough decline	-9.10%	-7.06%	-2.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	2.66%	+0.36%

Volatility

DIEFX vs. DFWVX - Volatility Comparison

Destinations International Equity Fund (DIEFX) has a higher volatility of 7.03% compared to DFA World ex U.S. Value Portfolio Fund (DFWVX) at 5.78%. This indicates that DIEFX's price experiences larger fluctuations and is considered to be riskier than DFWVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIEFX	DFWVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.03%	5.78%	+1.25%
Volatility (6M) Calculated over the trailing 6-month period	13.85%	11.72%	+2.13%
Volatility (1Y) Calculated over the trailing 1-year period	15.76%	13.68%	+2.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	16.18%	-0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.96%	34.82%	-18.86%

DIEFX vs. DFWVX - Expense Ratio Comparison

DIEFX has a 1.16% expense ratio, which is higher than DFWVX's 0.40% expense ratio.

Dividends

DIEFX vs. DFWVX - Dividend Comparison

DIEFX's dividend yield for the trailing twelve months is around 8.94%, more than DFWVX's 3.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFWVX DFA World ex U.S. Value Portfolio Fund	3.49%	3.66%	4.28%	4.30%	3.75%	15.97%	2.43%	110.54%	5.26%	2.70%	2.92%	2.77%
DIEFX Destinations International Equity Fund	8.94%	10.13%	3.63%	1.85%	2.73%	4.50%	0.03%	0.74%	1.50%	0.67%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIEFX and DFWVX in my portfolio?

With a correlation of 0.91, DIEFX and DFWVX 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, DIEFX or DFWVX?

DIEFX has higher volatility (7.03%) compared to DFWVX (5.78%). In terms of maximum drawdown, DIEFX dropped -34.96% vs DFWVX's -41.32%.

Which has better risk-adjusted returns?

DFWVX currently has the higher Sharpe Ratio (2.63 vs 1.81), 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.