DMO vs. TTMIX

Last updated Apr 2, 2026

Compare and contrast key facts about Dimensional Multi-Asset Fund (DMO) and T. Rowe Price Total Return Fund Class I (TTMIX).

DMO is managed by Dimensional Fund Advisors. It was launched on Dec 11, 2009. TTMIX is managed by T. Rowe Price. It was launched on Sep 28, 2001.

Performance

DMO vs. TTMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional Multi-Asset Fund (DMO) and T. Rowe Price Total Return Fund Class I (TTMIX). The values are adjusted to include any dividend payments, if applicable.

DMO vs. TTMIX - 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%
TTMIX T. Rowe Price Total Return Fund Class I	-7.08%	43.20%	38.33%	39.41%	-40.85%	9.92%	53.86%	35.84%	-1.73%	33.14%

Returns By Period

In the year-to-date period, DMO achieves a 0.42% return, which is significantly higher than TTMIX's -7.08% return. Over the past 10 years, DMO has underperformed TTMIX with an annualized return of 4.48%, while TTMIX has yielded a comparatively higher 17.31% 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%

TTMIX

• 1D: 3.46%
• 1M: -5.26%
• YTD: -7.08%
• 6M: 17.01%
• 1Y: 36.85%
• 3Y*: 30.82%
• 5Y*: 10.23%
• 10Y*: 17.31%

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

DMO vs. TTMIX - Expense Ratio Comparison

DMO has a 0.04% expense ratio, which is lower than TTMIX's 0.37% expense ratio.

TTMIX

T. Rowe Price Total Return Fund Class I

DMO

Dimensional Multi-Asset Fund

Return for Risk

DMO vs. TTMIX — Risk / Return Rank

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

DMO

DMO Risk / Return Rank: 9
DMO Sharpe Ratio Rank: 9
DMO Sortino Ratio Rank: 8
DMO Omega Ratio Rank: 8
DMO Calmar Ratio Rank: 10
DMO Martin Ratio Rank: 9

TTMIX

TTMIX Risk / Return Rank: 80
TTMIX Sharpe Ratio Rank: 42
TTMIX Sortino Ratio Rank: 94
TTMIX Omega Ratio Rank: 88
TTMIX Calmar Ratio Rank: 94
TTMIX Martin Ratio Rank: 83

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.

DMO vs. TTMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional Multi-Asset Fund (DMO) and T. Rowe Price Total Return Fund Class I (TTMIX). 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	TTMIX	Difference
Sharpe ratio Return per unit of total volatility	0.32	0.98	-0.66
Sortino ratio Return per unit of downside risk	0.51	3.04	-2.52
Omega ratio Gain probability vs. loss probability	1.08	1.40	-0.32
Calmar ratio Return relative to maximum drawdown	0.45	3.38	-2.94
Martin ratio Return relative to average drawdown	1.15	9.48	-8.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DMO vs. TTMIX - Sharpe Ratio Comparison

The current DMO Sharpe Ratio is 0.32, which is lower than the TTMIX Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of DMO and TTMIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DMO	TTMIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.32	0.98	-0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.39	+0.04
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	0.76	-0.27

Correlation

The correlation between DMO and TTMIX is 0.23, 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. TTMIX - Dividend Comparison

DMO's dividend yield for the trailing twelve months is around 14.14%, less than TTMIX's 54.17% 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%
TTMIX T. Rowe Price Total Return Fund Class I	54.17%	50.33%	7.45%	7.80%	17.43%	8.53%	5.27%	2.44%	1.41%	2.47%	2.23%	0.00%

Drawdowns

DMO vs. TTMIX - Drawdown Comparison

The maximum DMO drawdown since its inception was -49.16%, roughly equal to the maximum TTMIX drawdown of -47.11%. Use the drawdown chart below to compare losses from any high point for DMO and TTMIX.

Drawdown Indicators

	DMO	TTMIX	Difference
Max Drawdown Largest peak-to-trough decline	-49.16%	-47.11%	-2.05%
Max Drawdown (1Y) Largest decline over 1 year	-8.37%	-11.15%	+2.78%
Max Drawdown (5Y) Largest decline over 5 years	-29.04%	-47.11%	+18.07%
Max Drawdown (10Y) Largest decline over 10 years	-49.16%	-47.11%	-2.05%
Current Drawdown Current decline from peak	-5.65%	-8.07%	+2.42%
Average Drawdown Average peak-to-trough decline	-9.68%	-10.13%	+0.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.25%	3.98%	-0.73%

Volatility

DMO vs. TTMIX - Volatility Comparison

The current volatility for Dimensional Multi-Asset Fund (DMO) is 5.77%, while T. Rowe Price Total Return Fund Class I (TTMIX) has a volatility of 6.51%. This indicates that DMO experiences smaller price fluctuations and is considered to be less risky than TTMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DMO	TTMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.77%	6.51%	-0.74%
Volatility (6M) Calculated over the trailing 6-month period	8.66%	31.59%	-22.93%
Volatility (1Y) Calculated over the trailing 1-year period	12.19%	38.85%	-26.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.88%	26.25%	-13.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.97%	23.35%	-3.38%