DMO vs. DFIVX
DMO (Dimensional Multi-Asset Fund) and DFIVX (DFA International Value Portfolio Institutional Class) are both mutual funds - DMO is a Global Allocation fund managed by Dimensional, while DFIVX is a Foreign Large Cap Equities fund actively managed by Dimensional. Over the past 10 years, DMO returned 3.76%/yr vs 12.12%/yr for DFIVX. Their 0.21 correlation means their historical movements had little consistent relationship. DMO charges 0.04%/yr vs 0.28%/yr for DFIVX.
Performance
DMO vs. DFIVX - Performance Comparison
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Returns By Period
In the year-to-date period, DMO achieves a 1.66% return, which is significantly lower than DFIVX's 16.63% return. Over the past 10 years, DMO has underperformed DFIVX with an annualized return of 3.76%, while DFIVX has yielded a comparatively higher 12.12% annualized return.
DMO
- 1D
- 0.19%
- 1M
- -1.78%
- 6M
- 0.19%
- YTD
- 1.66%
- 1Y
- -0.24%
- 3Y*
- 11.42%
- 5Y*
- 3.64%
- 10Y*
- 3.76%
- ALL TIME*
- 8.28%
DFIVX
- 1D
- 0.12%
- 1M
- 4.48%
- 6M
- 8.29%
- YTD
- 16.63%
- 1Y
- 35.89%
- 3Y*
- 23.71%
- 5Y*
- 15.94%
- 10Y*
- 12.12%
- ALL TIME*
- 7.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $399.37K | $416.73K | $406.81K |
DMO vs. DFIVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DMO Dimensional Multi-Asset Fund | 1.66% | 6.95% | 20.24% | 16.79% | -21.64% | 17.12% | -22.32% | 9.10% | -2.04% | 23.46% |
DFIVX DFA International Value Portfolio Institutional Class | 16.63% | 45.24% | 6.87% | 17.83% | -3.51% | 18.57% | -2.13% | 15.68% | -17.49% | 26.08% |
Correlation
The correlation between DMO and DFIVX is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.22 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2010 | 0.21 |
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Return for Risk
DMO vs. DFIVX — Risk / Return Rank
DMO
DFIVX
DMO vs. DFIVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Multi-Asset Fund (DMO) and DFA International Value Portfolio Institutional Class (DFIVX). 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.
| DMO | DFIVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.69 | ||
| Sortino ratioReturn per unit of downside risk | -3.56 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.48 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 3.95 | -3.98 |
| Martin ratioReturn relative to average drawdown | -0.07 | 15.46 | -15.53 |
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Drawdowns
DMO vs. DFIVX - Drawdown Comparison
The maximum DMO drawdown since its inception was -49.16%, smaller than the maximum DFIVX drawdown of -66.61%. Use the drawdown chart below to compare losses from any high point for DMO and DFIVX.
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Drawdown Indicators
| DMO | DFIVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.16% | -66.61% | +17.45% |
Max Drawdown (1Y)Largest decline over 1 year | -8.37% | -9.58% | +1.21% |
Max Drawdown (3Y)Largest decline over 3 years | -9.04% | -14.39% | +5.35% |
Max Drawdown (5Y)Largest decline over 5 years | -29.04% | -25.29% | -3.75% |
Max Drawdown (10Y)Largest decline over 10 years | -49.16% | -48.11% | -1.05% |
Current DrawdownCurrent decline from peak | -4.49% | -0.48% | -4.01% |
Average DrawdownAverage peak-to-trough decline | -9.54% | -12.18% | +2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 2.44% | +1.16% |
Volatility
DMO vs. DFIVX - Volatility Comparison
The current volatility for Dimensional Multi-Asset Fund (DMO) is 1.57%, while DFA International Value Portfolio Institutional Class (DFIVX) has a volatility of 3.94%. This indicates that DMO experiences smaller price fluctuations and is considered to be less risky than DFIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DMO | DFIVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 3.94% | -2.37% |
Volatility (6M)Calculated over the trailing 6-month period | 7.77% | 11.69% | -3.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.06% | 14.24% | -4.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.60% | 16.25% | -3.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.92% | 17.68% | +2.24% |
DMO vs. DFIVX - Expense Ratio Comparison
DMO has a 0.04% expense ratio, which is lower than DFIVX's 0.28% expense ratio.
Dividends
DMO vs. DFIVX - Dividend Comparison
DMO's dividend yield for the trailing twelve months is around 14.22%, more than DFIVX's 3.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFIVX DFA International Value Portfolio Institutional Class | 3.64% | 4.21% | 3.94% | 4.40% | 3.78% | 4.37% | 2.42% | 3.70% | 6.60% | 2.85% | 3.36% | 3.45% |
DMO Dimensional Multi-Asset Fund | 14.22% | 14.01% | 12.92% | 11.46% | 11.51% | 8.88% | 10.95% | 9.63% | 18.93% | 13.30% | 13.19% | 14.09% |
Frequently Asked Questions
DMO and DFIVX 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.
DFIVX has higher volatility (3.94%) compared to DMO (1.57%). In terms of maximum drawdown, DMO dropped -49.16% vs DFIVX's -66.61%.
DFIVX currently has the higher Sharpe Ratio (2.66 vs -0.02), 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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