DMO vs. DISVX

Last updated Aug 5, 2026

DMO (Dimensional Multi-Asset Fund) and DISVX (DFA International Small Cap Value Portfolio Institutional Class) are both mutual funds - DMO is a Global Allocation fund managed by Dimensional, while DISVX is a Foreign Small & Mid Cap Equities fund actively managed by Dimensional. Over the past 10 years, DMO returned 3.76%/yr vs 10.85%/yr for DISVX. Their 0.22 correlation means their historical movements had little consistent relationship. DMO charges 0.04%/yr vs 0.43%/yr for DISVX.

Performance

DMO vs. DISVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional Multi-Asset Fund (DMO) and DFA International Small Cap Value Portfolio Institutional Class (DISVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DMO achieves a 1.66% return, which is significantly lower than DISVX's 12.02% return. Over the past 10 years, DMO has underperformed DISVX with an annualized return of 3.76%, while DISVX has yielded a comparatively higher 10.85% 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%

DISVX

• 1D: 0.97%
• 1M: 3.17%
• 6M: 3.68%
• YTD: 12.02%
• 1Y: 30.80%
• 3Y*: 24.72%
• 5Y*: 14.45%
• 10Y*: 10.85%
• ALL TIME*: 8.37%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DISVX DFA International Small Cap Value Portfolio Institutional Class	$0.00	$0.00	$0.00
DMO Dimensional Multi-Asset Fund	$399.37K	$416.73K	$406.81K

DMO vs. DISVX - 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%
DISVX DFA International Small Cap Value Portfolio Institutional Class	12.02%	52.17%	7.88%	17.58%	-9.80%	15.84%	0.82%	21.04%	-23.36%	25.41%

Correlation

The correlation between DMO and DISVX is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.22
Correlation (3Y) Balances recent behavior with more history.	0.21
Correlation (5Y) Shows whether the relationship held over a longer period.	0.24
Correlation (10Y) Provides a long-term view across more market conditions.	0.23
Correlation (All Time) Calculated using the full available price history since Feb 24, 2010	0.22

Return for Risk

DMO vs. DISVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DMO

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

DISVX

DISVX Risk / Return Rank: 75
DISVX Sharpe Ratio Rank: 87
DISVX Sortino Ratio Rank: 85
DISVX Omega Ratio Rank: 81
DISVX Calmar Ratio Rank: 71
DISVX Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DMO vs. DISVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional Multi-Asset Fund (DMO) and DFA International Small Cap Value Portfolio Institutional Class (DISVX). 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	DISVX	Difference
Sharpe ratio: Return per unit of total volatility	-0.02	2.16	-2.18
Sortino ratio: Return per unit of downside risk	0.04	3.04	-3.00
Omega ratio: Gain probability vs. loss probability	1.00	1.39	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.03	2.47	-2.50
Martin ratio: Return relative to average drawdown	-0.07	7.82	-7.89

DMO vs. DISVX - Sharpe Ratio Comparison

The current DMO Sharpe Ratio is -0.02, which is lower than the DISVX Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of DMO and DISVX, 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

DMO vs. DISVX - Drawdown Comparison

The maximum DMO drawdown since its inception was -49.16%, smaller than the maximum DISVX drawdown of -61.57%. Use the drawdown chart below to compare losses from any high point for DMO and DISVX.

Drawdown Indicators

	DMO	DISVX	Difference
Max Drawdown Largest peak-to-trough decline	-49.16%	-61.57%	+12.41%
Max Drawdown (1Y) Largest decline over 1 year	-8.37%	-13.26%	+4.89%
Max Drawdown (3Y) Largest decline over 3 years	-9.04%	-13.69%	+4.65%
Max Drawdown (5Y) Largest decline over 5 years	-29.04%	-27.43%	-1.61%
Max Drawdown (10Y) Largest decline over 10 years	-49.16%	-49.24%	+0.08%
Current Drawdown Current decline from peak	-4.49%	-2.11%	-2.38%
Average Drawdown Average peak-to-trough decline	-9.54%	-12.15%	+2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	4.16%	-0.56%

Volatility

DMO vs. DISVX - Volatility Comparison

The current volatility for Dimensional Multi-Asset Fund (DMO) is 1.57%, while DFA International Small Cap Value Portfolio Institutional Class (DISVX) has a volatility of 4.79%. This indicates that DMO experiences smaller price fluctuations and is considered to be less risky than DISVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DMO	DISVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.57%	4.79%	-3.22%
Volatility (6M) Calculated over the trailing 6-month period	7.77%	12.74%	-4.97%
Volatility (1Y) Calculated over the trailing 1-year period	10.06%	15.20%	-5.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.60%	16.14%	-3.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.92%	16.49%	+3.43%

DMO vs. DISVX - Expense Ratio Comparison

DMO has a 0.04% expense ratio, which is lower than DISVX's 0.43% expense ratio.

Dividends

DMO vs. DISVX - Dividend Comparison

DMO's dividend yield for the trailing twelve months is around 14.22%, more than DISVX's 6.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DISVX DFA International Small Cap Value Portfolio Institutional Class	6.42%	7.17%	4.56%	3.87%	2.40%	3.51%	1.84%	3.97%	5.91%	3.77%	5.85%	3.51%
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

Can I hold both DMO and DISVX in my portfolio?

DMO and DISVX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DMO or DISVX?

DISVX has higher volatility (4.79%) compared to DMO (1.57%). In terms of maximum drawdown, DMO dropped -49.16% vs DISVX's -61.57%.

Which has better risk-adjusted returns?

DISVX currently has the higher Sharpe Ratio (2.16 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.