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DMB vs. DMA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

DMB vs. DMA - Performance Comparison

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

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Returns By Period

In the year-to-date period, DMB achieves a 2.57% return, which is significantly higher than DMA's -11.61% return.


DMB

1D
0.36%
1M
2.41%
YTD
2.57%
6M
4.76%
1Y
14.49%
3Y*
5.29%
5Y*
-1.45%
10Y*
2.01%

DMA

1D
-0.82%
1M
4.21%
YTD
-11.61%
6M
-12.39%
1Y
-2.46%
3Y*
21.76%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

DMB vs. DMA - Yearly Performance Comparison


2026 (YTD)2025202420232022
DMB
Dimensional Multi-Blend Fund
2.57%10.69%3.87%2.42%-23.01%
DMA
Dimensional Managed Account Fund
-11.61%16.89%41.06%-3.81%-37.55%

Correlation

The correlation between DMB and DMA is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.21

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (All Time)
Calculated using the full available price history since Jan 13, 2022

0.18

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Return for Risk

DMB vs. DMA — Risk / Return Rank

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

DMB
DMB Risk / Return Rank: 3939
Overall Rank
DMB Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
DMB Sortino Ratio Rank: 4545
Sortino Ratio Rank
DMB Omega Ratio Rank: 4646
Omega Ratio Rank
DMB Calmar Ratio Rank: 3030
Calmar Ratio Rank
DMB Martin Ratio Rank: 3333
Martin Ratio Rank

DMA
DMA Risk / Return Rank: 22
Overall Rank
DMA Sharpe Ratio Rank: 22
Sharpe Ratio Rank
DMA Sortino Ratio Rank: 22
Sortino Ratio Rank
DMA Omega Ratio Rank: 22
Omega Ratio Rank
DMA Calmar Ratio Rank: 22
Calmar Ratio Rank
DMA Martin Ratio Rank: 22
Martin Ratio Rank
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.

DMB vs. DMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional Multi-Blend Fund (DMB) 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.

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.


DMBDMADifference
Sharpe ratioReturn per unit of total volatility

+1.78

Sortino ratioReturn per unit of downside risk

+2.56

Omega ratioGain probability vs. loss probability

1.32

0.98

+0.33

Calmar ratioReturn relative to maximum drawdown

1.82

-0.13

+1.95

Martin ratioReturn relative to average drawdown

6.54

-0.37

+6.92

DMB vs. DMA - Sharpe Ratio Comparison

The current DMB Sharpe Ratio is 1.62, which is higher than the DMA Sharpe Ratio of -0.16. The chart below compares the historical Sharpe Ratios of DMB and DMA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

DMB vs. DMA - Drawdown Comparison

The maximum DMB drawdown since its inception was -40.15%, smaller than the maximum DMA drawdown of -53.24%. Use the drawdown chart below to compare losses from any high point for DMB and DMA.


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Drawdown Indicators


DMBDMADifference

Max Drawdown

Largest peak-to-trough decline

-40.15%

-53.24%

+13.09%

Max Drawdown (1Y)

Largest decline over 1 year

-8.00%

-18.34%

+10.34%

Max Drawdown (3Y)

Largest decline over 3 years

-22.06%

-18.34%

-3.72%

Max Drawdown (5Y)

Largest decline over 5 years

-40.15%

Max Drawdown (10Y)

Largest decline over 10 years

-40.15%

Current Drawdown

Current decline from peak

-18.56%

-13.19%

-5.37%

Average Drawdown

Average peak-to-trough decline

-14.30%

-25.66%

+11.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.22%

6.62%

-4.40%

Volatility

DMB vs. DMA - Volatility Comparison

The current volatility for Dimensional Multi-Blend Fund (DMB) is 1.58%, while Dimensional Managed Account Fund (DMA) has a volatility of 8.23%. This indicates that DMB experiences smaller price fluctuations and is considered to be less risky than DMA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DMBDMADifference

Volatility (1M)

Calculated over the trailing 1-month period

1.58%

8.23%

-6.65%

Volatility (6M)

Calculated over the trailing 6-month period

6.92%

13.46%

-6.54%

Volatility (1Y)

Calculated over the trailing 1-year period

9.00%

15.21%

-6.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.67%

27.23%

-12.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.20%

27.23%

-12.03%

DMB vs. DMA - Expense Ratio Comparison

Both DMB and DMA have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Dividends

DMB vs. DMA - Dividend Comparison

DMB's dividend yield for the trailing twelve months is around 4.58%, less than DMA's 16.74% yield.


PositionTTM20252024202320222021202020192018201720162015
DMA
Dimensional Managed Account Fund
16.74%9.42%3.83%5.22%10.14%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DMB
Dimensional Multi-Blend Fund
4.58%3.93%3.48%4.46%5.80%4.42%4.54%4.36%5.36%4.89%5.97%6.06%

Frequently Asked Questions


DMB and DMA have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DMA has higher volatility (8.23%) compared to DMB (1.58%). In terms of maximum drawdown, DMB dropped -40.15% vs DMA's -53.24%.

DMB currently has the higher Sharpe Ratio (1.62 vs -0.16), 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.

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