DMO vs. RIDGX
DMO (Dimensional Multi-Asset Fund) and RIDGX (American Funds Income Fund of America Class R-6) are both Global Allocation funds. Over the past 10 years, DMO returned 3.76%/yr vs 8.68%/yr for RIDGX. Their 0.23 correlation means their historical movements had little consistent relationship. DMO charges 0.04%/yr vs 0.26%/yr for RIDGX.
Performance
DMO vs. RIDGX - 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 RIDGX's 8.66% return. Over the past 10 years, DMO has underperformed RIDGX with an annualized return of 3.76%, while RIDGX has yielded a comparatively higher 8.68% 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%
RIDGX
- 1D
- 0.11%
- 1M
- 1.27%
- 6M
- 4.27%
- YTD
- 8.66%
- 1Y
- 15.65%
- 3Y*
- 14.09%
- 5Y*
- 8.59%
- 10Y*
- 8.68%
- ALL TIME*
- 9.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $399.37K | $416.73K | $406.81K | |
| $0.00 | $0.00 | $0.00 |
DMO vs. RIDGX - 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% |
RIDGX American Funds Income Fund of America Class R-6 | 8.66% | 18.12% | 11.22% | 7.04% | -6.15% | 17.72% | 5.24% | 18.84% | -4.96% | 12.80% |
Correlation
The correlation between DMO and RIDGX is 0.24, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.24 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2010 | 0.23 |
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Return for Risk
DMO vs. RIDGX — Risk / Return Rank
DMO
RIDGX
DMO vs. RIDGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Multi-Asset Fund (DMO) and American Funds Income Fund of America Class R-6 (RIDGX). 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 | RIDGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.29 | ||
| Sortino ratioReturn per unit of downside risk | -3.19 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.42 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 2.75 | -2.77 |
| Martin ratioReturn relative to average drawdown | -0.07 | 10.18 | -10.25 |
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Drawdowns
DMO vs. RIDGX - Drawdown Comparison
The maximum DMO drawdown since its inception was -49.16%, which is greater than RIDGX's maximum drawdown of -26.09%. Use the drawdown chart below to compare losses from any high point for DMO and RIDGX.
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Drawdown Indicators
| DMO | RIDGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.16% | -26.09% | -23.07% |
Max Drawdown (1Y)Largest decline over 1 year | -8.37% | -6.09% | -2.28% |
Max Drawdown (3Y)Largest decline over 3 years | -9.04% | -8.58% | -0.46% |
Max Drawdown (5Y)Largest decline over 5 years | -29.04% | -15.62% | -13.42% |
Max Drawdown (10Y)Largest decline over 10 years | -49.16% | -26.09% | -23.07% |
Current DrawdownCurrent decline from peak | -4.49% | -0.14% | -4.35% |
Average DrawdownAverage peak-to-trough decline | -9.54% | -2.54% | -7.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 1.64% | +1.96% |
Volatility
DMO vs. RIDGX - Volatility Comparison
The current volatility for Dimensional Multi-Asset Fund (DMO) is 1.57%, while American Funds Income Fund of America Class R-6 (RIDGX) has a volatility of 1.66%. This indicates that DMO experiences smaller price fluctuations and is considered to be less risky than RIDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DMO | RIDGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 1.66% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 7.77% | 5.87% | +1.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.06% | 7.39% | +2.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.60% | 9.45% | +3.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.92% | 10.64% | +9.28% |
DMO vs. RIDGX - Expense Ratio Comparison
DMO has a 0.04% expense ratio, which is lower than RIDGX's 0.26% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DMO vs. RIDGX - Dividend Comparison
DMO's dividend yield for the trailing twelve months is around 14.22%, more than RIDGX's 9.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RIDGX American Funds Income Fund of America Class R-6 | 9.57% | 10.25% | 6.69% | 3.16% | 7.31% | 6.97% | 3.49% | 5.29% | 7.78% | 4.46% | 3.37% | 5.38% |
Frequently Asked Questions
DMO and RIDGX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RIDGX has higher volatility (1.66%) compared to DMO (1.57%). In terms of maximum drawdown, DMO dropped -49.16% vs RIDGX's -26.09%.
RIDGX currently has the higher Sharpe Ratio (2.27 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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