DMO vs. GBFFX
Compare and contrast key facts about Dimensional Multi-Asset Fund (DMO) and GMO Benchmark-Free Fund (GBFFX).
DMO is managed by Dimensional Fund Advisors. It was launched on Dec 11, 2009. GBFFX is managed by GMO. It was launched on Jun 14, 2011.
Performance
DMO vs. GBFFX - Performance Comparison
Loading graphics...
DMO vs. GBFFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DMO Dimensional Multi-Asset Fund | 0.42% | 6.95% | 20.24% | 16.79% | -21.64% | 17.12% | -22.32% | 9.10% | -2.04% | 23.46% |
GBFFX GMO Benchmark-Free Fund | 5.76% | 24.07% | 0.40% | 15.24% | -3.36% | 4.38% | -3.35% | 13.79% | -7.12% | 17.06% |
Returns By Period
In the year-to-date period, DMO achieves a 0.42% return, which is significantly lower than GBFFX's 5.76% return. Over the past 10 years, DMO has underperformed GBFFX with an annualized return of 4.48%, while GBFFX has yielded a comparatively higher 6.70% annualized return.
DMO
- 1D
- 0.00%
- 1M
- -3.98%
- YTD
- 0.42%
- 6M
- -2.43%
- 1Y
- 3.91%
- 3Y*
- 14.79%
- 5Y*
- 5.49%
- 10Y*
- 4.48%
GBFFX
- 1D
- 1.05%
- 1M
- -2.94%
- YTD
- 5.76%
- 6M
- 12.11%
- 1Y
- 24.44%
- 3Y*
- 13.80%
- 5Y*
- 7.51%
- 10Y*
- 6.70%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DMO vs. GBFFX - Expense Ratio Comparison
DMO has a 0.04% expense ratio, which is lower than GBFFX's 0.35% expense ratio.
Return for Risk
DMO vs. GBFFX — Risk / Return Rank
DMO
GBFFX
DMO vs. GBFFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Multi-Asset Fund (DMO) and GMO Benchmark-Free Fund (GBFFX). 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.
| DMO | GBFFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.32 | 3.08 | -2.75 |
Sortino ratioReturn per unit of downside risk | 0.51 | 4.08 | -3.57 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.63 | -0.55 |
Calmar ratioReturn relative to maximum drawdown | 0.45 | 3.94 | -3.50 |
Martin ratioReturn relative to average drawdown | 1.15 | 15.49 | -14.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DMO | GBFFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.32 | 3.08 | -2.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.94 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.74 | -0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.65 | -0.17 |
Correlation
The correlation between DMO and GBFFX is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
DMO vs. GBFFX - Dividend Comparison
DMO's dividend yield for the trailing twelve months is around 14.14%, more than GBFFX's 4.84% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DMO Dimensional Multi-Asset Fund | 14.14% | 14.01% | 12.92% | 11.46% | 11.51% | 8.88% | 10.95% | 9.63% | 18.93% | 13.30% | 13.19% | 14.09% |
GBFFX GMO Benchmark-Free Fund | 4.84% | 5.11% | 1.81% | 5.72% | 5.48% | 4.60% | 3.32% | 4.00% | 3.92% | 2.90% | 2.72% | 6.67% |
Drawdowns
DMO vs. GBFFX - Drawdown Comparison
The maximum DMO drawdown since its inception was -49.16%, which is greater than GBFFX's maximum drawdown of -26.62%. Use the drawdown chart below to compare losses from any high point for DMO and GBFFX.
Loading graphics...
Drawdown Indicators
| DMO | GBFFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.16% | -26.62% | -22.54% |
Max Drawdown (1Y)Largest decline over 1 year | -8.37% | -6.04% | -2.33% |
Max Drawdown (5Y)Largest decline over 5 years | -29.04% | -15.91% | -13.13% |
Max Drawdown (10Y)Largest decline over 10 years | -49.16% | -26.62% | -22.54% |
Current DrawdownCurrent decline from peak | -5.65% | -3.58% | -2.07% |
Average DrawdownAverage peak-to-trough decline | -9.68% | -4.42% | -5.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 1.56% | +1.69% |
Volatility
DMO vs. GBFFX - Volatility Comparison
Dimensional Multi-Asset Fund (DMO) has a higher volatility of 5.77% compared to GMO Benchmark-Free Fund (GBFFX) at 3.36%. This indicates that DMO's price experiences larger fluctuations and is considered to be riskier than GBFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DMO | GBFFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.77% | 3.36% | +2.41% |
Volatility (6M)Calculated over the trailing 6-month period | 8.66% | 5.27% | +3.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.19% | 7.98% | +4.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.88% | 8.02% | +4.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.97% | 9.07% | +10.90% |